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Author Topic: Litecoin is officially dead  (Read 290681 times)
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TheGodFather
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April 24, 2017, 04:35:52 PM
 #2341

Litecoin is officially dead, why you may ask?

What Litecoin used to offer:

ASIC Resistance
GPU Resistance
2.5minute blocktime


What Litecoin now offers:
2.5minute blocktime



Basically, Litecoin is worth less than Blackcoin, Netcoin, OompaLoompaCoin, heck, practically anycoin that has a faster blocktime and Any other feature... Litecoin offers absolutely nothing over what 99% of these alt coins offers, even the worst alt coin offer more innovative features than Litecoin. And to those litecoin bagholders, who say that "Litecoins age and adoption" is something it offers, that's not true..There are NO reputable stores Worldwide that accept Litecoin, not one.

Verdict: Litecoin is dead, it hasn't been updated in years, it's a practically abandoned coin. I'm gonna feel really sorry to all the litecoin bagholders that are still "HODLING" when Litecoin reaches $1, 50 cents, 10 cents etc.



i dont think that it is offcially dead until i dont have any seen any proof that it is a dead coin. in some pool , we can mine it also, it can be exchange in some online exchanger. let us wait for further announcement if litecoin is officicially dead, but for now try to mine other coins, such as zc,zec and others thas a good value in the market now.
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April 24, 2017, 04:38:52 PM
 #2342

Litecoin has people that still believe in it and continued development.  
It may not be the flavor of the month but I don't think you can say that its dead either.
The next couple months will show if this is just a blip on the radar or the actual comeback of LTC.
I think its worth at least holding some or buying when the price drops a little bit after this recent spike.

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April 24, 2017, 05:42:12 PM
 #2343

Litecoin has people that still believe in it and continued development.  
It may not be the flavor of the month but I don't think you can say that its dead either.
The next couple months will show if this is just a blip on the radar or the actual comeback of LTC.
I think its worth at least holding some or buying when the price drops a little bit after this recent spike.

Actually, the price kept going up and down these last two days, it is a very nice phase to score some profit if you can time your trade right. As I post this, the rate was at around 0.0119xx to 0.012, you can consider it a good buying point, in case the price goes back up to 0.0125 like yesterday. It's a matter of speculation, though

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April 25, 2017, 08:50:06 AM
 #2344

Litecoin is officially dead, why you may ask?

What Litecoin used to offer:

ASIC Resistance
GPU Resistance
2.5minute blocktime


What Litecoin now offers:
2.5minute blocktime



Basically, Litecoin is worth less than Blackcoin, Netcoin, OompaLoompaCoin, heck, practically anycoin that has a faster blocktime and Any other feature... Litecoin offers absolutely nothing over what 99% of these alt coins offers, even the worst alt coin offer more innovative features than Litecoin. And to those litecoin bagholders, who say that "Litecoins age and adoption" is something it offers, that's not true..There are NO reputable stores Worldwide that accept Litecoin, not one.

Verdict: Litecoin is dead, it hasn't been updated in years, it's a practically abandoned coin. I'm gonna feel really sorry to all the litecoin bagholders that are still "HODLING" when Litecoin reaches $1, 50 cents, 10 cents etc.



i dont think that it is offcially dead until i dont have any seen any proof that it is a dead coin. in some pool , we can mine it also, it can be exchange in some online exchanger. let us wait for further announcement if litecoin is officicially dead, but for now try to mine other coins, such as zc,zec and others thas a good value in the market now.

I don't agree with the OP, but that was written 3 years ago Wink
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April 26, 2017, 11:08:10 AM
 #2345

Litecoin is officially dead, why you may ask?

What Litecoin used to offer:

ASIC Resistance
GPU Resistance
2.5minute blocktime


What Litecoin now offers:
2.5minute blocktime



Basically, Litecoin is worth less than Blackcoin, Netcoin, OompaLoompaCoin, heck, practically anycoin that has a faster blocktime and Any other feature... Litecoin offers absolutely nothing over what 99% of these alt coins offers, even the worst alt coin offer more innovative features than Litecoin. And to those litecoin bagholders, who say that "Litecoins age and adoption" is something it offers, that's not true..There are NO reputable stores Worldwide that accept Litecoin, not one.

Verdict: Litecoin is dead, it hasn't been updated in years, it's a practically abandoned coin. I'm gonna feel really sorry to all the litecoin bagholders that are still "HODLING" when Litecoin reaches $1, 50 cents, 10 cents etc.



i dont think that it is offcially dead until i dont have any seen any proof that it is a dead coin. in some pool , we can mine it also, it can be exchange in some online exchanger. let us wait for further announcement if litecoin is officicially dead, but for now try to mine other coins, such as zc,zec and others thas a good value in the market now.

I don't agree with the OP, but that was written 3 years ago Wink

We can all say that after 3 years of saying that something is dead, it can be now said that litecoin is very much alive.
We c an agree or disagree on lot of thing here but we see that this time lite has survive maybe even better then rest of altcoin that are in dying stage.



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April 27, 2017, 01:46:18 PM
 #2346

Litecoin is officially dead, why you may ask?

What Litecoin used to offer:

ASIC Resistance
GPU Resistance
2.5minute blocktime


What Litecoin now offers:
2.5minute blocktime



Basically, Litecoin is worth less than Blackcoin, Netcoin, OompaLoompaCoin, heck, practically anycoin that has a faster blocktime and Any other feature... Litecoin offers absolutely nothing over what 99% of these alt coins offers, even the worst alt coin offer more innovative features than Litecoin. And to those litecoin bagholders, who say that "Litecoins age and adoption" is something it offers, that's not true..There are NO reputable stores Worldwide that accept Litecoin, not one.

Verdict: Litecoin is dead, it hasn't been updated in years, it's a practically abandoned coin. I'm gonna feel really sorry to all the litecoin bagholders that are still "HODLING" when Litecoin reaches $1, 50 cents, 10 cents etc.



i dont think that it is offcially dead until i dont have any seen any proof that it is a dead coin. in some pool , we can mine it also, it can be exchange in some online exchanger. let us wait for further announcement if litecoin is officicially dead, but for now try to mine other coins, such as zc,zec and others thas a good value in the market now.

I don't agree with the OP, but that was written 3 years ago Wink

We can all say that after 3 years of saying that something is dead, it can be now said that litecoin is very much alive.
We c an agree or disagree on lot of thing here but we see that this time lite has survive maybe even better then rest of altcoin that are in dying stage.

As the block size of the litecoin will increase when necessary, people will have more confidence in it.
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April 28, 2017, 08:19:08 AM
 #2347

With the growing possibility that Segregated Witness will soon be implemented in the Litecoin network, more and more developers are using Litecoin as a benchmark for Bitcoin.
Segwit as it is known in short, aims to solve malleability problems which in turn allows Lightning solutions. The Lightning network uses smart contracts to make instant payments among a large number of users without creating "queues of waiting" in transactions.
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April 28, 2017, 10:05:46 AM
 #2348

With the growing possibility that Segregated Witness will soon be implemented in the Litecoin network, more and more developers are using Litecoin as a benchmark for Bitcoin.
Segwit as it is known in short, aims to solve malleability problems which in turn allows Lightning solutions. The Lightning network uses smart contracts to make instant payments among a large number of users without creating "queues of waiting" in transactions.


We will see Litecoin Segwit together with Lightening Network 2 weeks later. Congratulations to everybody! Grin

We are now locked in. Here you can see the progress bar when it reach 100% Litecoin will be with Segwit and LN.
And this is just amazing that we do not need to wait for Lighting Network alone!!


http://litecoinblockhalf.com/segwit.php
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April 28, 2017, 10:39:13 AM
 #2349

With the growing possibility that Segregated Witness will soon be implemented in the Litecoin network, more and more developers are using Litecoin as a benchmark for Bitcoin.
Segwit as it is known in short, aims to solve malleability problems which in turn allows Lightning solutions. The Lightning network uses smart contracts to make instant payments among a large number of users without creating "queues of waiting" in transactions.


We will see Litecoin Segwit together with Lightening Network 2 weeks later. Congratulations to everybody! Grin

We are now locked in. Here you can see the progress bar when it reach 100% Litecoin will be with Segwit and LN.
And this is just amazing that we do not need to wait for Lighting Network alone!!


http://litecoinblockhalf.com/segwit.php


So they are gonna toss seg witness and lighting up at THE SAME TIME ..in TWO frigging weeks!!!!!!..are they really that far along in testing?

curious?


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April 28, 2017, 05:05:37 PM
 #2350

A good talk by Andreas Antonopoulus on the implications of LN

https://www.youtube.com/watch?v=gF_ZQ_eijPs

Worth a watch for any Litecoin owners.
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April 28, 2017, 05:33:46 PM
 #2351

LTC is the best live testnet that BTC needed. Looking forward to the published results.

Edit:
Don't forget to withdraw all your crypto from LTC once testing completed.

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April 28, 2017, 06:20:01 PM
 #2352

If you appreciate Litecoin and want it to go to the moon, I think you should stop bumping this thread because noobs will read it and assume Litecoin is officially dead (that's how noobs work). Just post in the Litecoin speculation thread or other threads. This thread is a FUDfest.

I still believe in Litecoin becoming a major player, as long as BTC doesn't get segwit and will not happen anytime soon. Of course if moons align and somehow BTC gets segwit you best believe it's going to get dumped quickly. But that's not going to happen so keep stacking LTC and hopefully we'll eventually go higher.
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April 28, 2017, 08:31:06 PM
 #2353

If you appreciate Litecoin and want it to go to the moon, I think you should stop bumping this thread because noobs will read it and assume Litecoin is officially dead (that's how noobs work). Just post in the Litecoin speculation thread or other threads. This thread is a FUDfest.

I still believe in Litecoin becoming a major player, as long as BTC doesn't get segwit and will not happen anytime soon. Of course if moons align and somehow BTC gets segwit you best believe it's going to get dumped quickly. But that's not going to happen so keep stacking LTC and hopefully we'll eventually go higher.
How will it compete with the big names like Ether? LTC is a bit outdated for sure in terms of tech.
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April 29, 2017, 02:24:11 AM
 #2354

LTC is the best live testnet that BTC needed. Looking forward to the published results.

Edit:
Don't forget to withdraw all your crypto from LTC once testing completed.

Yes. It will serve as the perfect experimental cryptocurrency for Bitcoin's proposed scalability solution. Then, after testing the same on Litecoin, it could be known what would become expected into Bitcoin itself.

Since Litecoin has a smaller network and hashrate, it was quick in reaching full consensus. However, that is not the case with Bitcoin, making it harder each day for SegWit to become active on it.

Nevertheless, the approval of SegWit is good for Litecoin as it fixes maleability and expands its capacity to handle more users, possibly becoming used in the mainstream world. Just my opinion.  Smiley

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April 29, 2017, 02:33:58 AM
 #2355


Since Litecoin has a smaller network and hashrate, it was quick in reaching full consensus. However, that is not the case with Bitcoin, making it harder each day for SegWit to become active on it.

Nevertheless, the approval of SegWit is good for Litecoin as it fixes maleability and expands its capacity to handle more users, possibly becoming used in the mainstream world. Just my opinion.  Smiley

It's still a million miles away but closer than it was a few weeks or months ago. Unlimited and hard forks in general have been discredited, f2pool are now segwit friendly with btc and ltc will be agonother boost. I believe it's inching closer. But it'll never manage it if the 95 per cent thing stays.
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May 04, 2017, 09:51:40 AM
 #2356

Is it really now?

               SpectivVR                                                           Crowdsale: 12/08 - 12/29
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May 04, 2017, 12:21:16 PM
 #2357

Nevertheless, the approval of SegWit is good for Litecoin as it fixes maleability and expands its capacity to handle more users, possibly becoming used in the mainstream world. Just my opinion.  Smiley

This was one of idea at the beginning but after that no one didnt mentioned it before that, sure hope it will become more then just an option.
Litecoin have potential and he might return to old days of glory.



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May 04, 2017, 12:30:27 PM
 #2358

Is it really now?


yep can't you tell Smiley

DANCE...LTC YOU DEAD COIN YOU......DANCE......... Smiley


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May 04, 2017, 02:19:14 PM
 #2359

Recently, I just do not recognize litecoin. His course in relation to bitcoin constantly jumps. He does not look like a dead coin at all.



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Rainbot
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May 04, 2017, 06:14:12 PM
 #2360

I like Litecoin "deadness" or how to spell it xD
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