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favelle75
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December 16, 2014, 01:22:14 AM |
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Looking at BTC, LTC and all of them lately...pretty much all dead. What's the point now? Epic new like Microsoft doesn't even affect anything anymore. Honeymoon is OVER.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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fewcoins
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December 16, 2014, 04:50:46 AM |
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Looking at BTC, LTC and all of them lately...pretty much all dead. What's the point now? Epic new like Microsoft doesn't even affect anything anymore. Honeymoon is OVER.
Correct, good luck to all these coins....... |
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rumlazy
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December 16, 2014, 06:59:16 AM |
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Looking at BTC, LTC and all of them lately...pretty much all dead. What's the point now? Epic new like Microsoft doesn't even affect anything anymore. Honeymoon is OVER.
Dead? Just a little over a year ago btc was $100 and ltc was $1.50 and people were calling them dead then too. I remember posting in a thread just like this with people saying the exact same thing and a month later the bubble happened. One of the first times I heard about Litecoin was people declaring it dead in 2012. Nothing changes, people don't learn. That's why these cycles exist. 2014 was by far the best year for crypto for everything except price, and it started the year heavily inflated due to a bubble so naturally it's going to tank. (gox taking out 30% of btc traders also hurt btc greatly for this year) At the end of 2013 the only noteworthy company accepting BTC was overstock and silk road had just died. This year we have amazing merchant adoption in comparison, and the darknet markets are many times stronger then they were last year, especially with open bazaar coming out. It's easy to see Bitcoin adoption is growing at a good rate despite the price tanking, it's only a matter of time before the demand catches up to the price. I spent most of last year wishing Litecoin was on any major exchange. BTC-e was small fries compared to everyone else in btc, gox news was huge for Litecoin. Obviously gox never happened but Litecoin made its way onto most major exchanges anyway and has had solid volume all year. Litecoin gained its own dedicated asic network this year. From my perspective Litecoin is many times better then it was last year. Dead? Only if you can't see the full picture. |
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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December 16, 2014, 07:13:22 AM |
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Crypto boom is just starting
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johny08
Legendary
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Activity: 1045
Merit: 1000
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December 16, 2014, 09:58:28 AM |
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Crypto boom is just starting
LTC value will go down to $20 - 40 Mill. A fair price for a coin is something between $1 - $1,5. The only sceptical thing is the trading volume of $3 Mill. a day. Thats just not possible with such a capitalisation. |
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Videlicet
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Activity: 868
Merit: 1058
Creator of Nexus http://nexus.io
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December 16, 2014, 03:46:49 PM |
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Litecoin does have trust - which is really worth more than innovation in this industry as of now with all the scams. Don't really see it going anywhere as of now - until the industry shifts its focus - I'd hope towards innovation.
Thank You,
Viz.
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[ Nexus] Created by Viz. [ Videlicet] : "videre licet - it may be seen; evidently; clearly" |
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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December 17, 2014, 03:55:28 AM |
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Bottom is in
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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December 17, 2014, 03:56:16 AM |
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Crypto boom is just starting
LTC value will go down to $20 - 40 Mill. A fair price for a coin is something between $1 - $1,5. The only sceptical thing is the trading volume of $3 Mill. a day. Thats just not possible with such a capitalisation. I think u found ur own answer ltc is oversold |
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Agestorzrxx
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December 17, 2014, 04:25:32 AM |
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It's definitely dead.
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Agestorzrxx
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December 17, 2014, 04:26:45 AM |
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Bottom is in
There is never have a bottom. Because the real bottom is 0 |
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fewcoins
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December 18, 2014, 03:25:35 AM |
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And to think I called Litecoin dead when it was near $5 ... Anyone who listens to me here and the speculation forums has made a killing so far
BTW, I am a buyer from today on, we are extremely oversold due to emotional traders short selling... I am happy to be long when they get squeezed!
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D05GTO
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December 18, 2014, 02:07:08 PM |
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Logged into Atomic-Trade this morning and whoa the price of LTC is waayyyy down.
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darkota (OP)
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December 18, 2014, 07:58:28 PM |
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Bottom is in
There is never have a bottom. Because the real bottom is 0exactly |
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dimsky
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Activity: 62
Merit: 10
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December 18, 2014, 10:15:27 PM |
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Interested to see how it does when so many Chinese coiners are jumping ship.
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orsotheysaid
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December 18, 2014, 11:06:10 PM |
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Bottom is in
There is never have a bottom. Because the real bottom is 0exactly Well, technically right but psychologically not right. Why? Would you buy LTC at 0.0000000001? yes you would. No one will let LTC hit 0, this is not Flappybirdcoin or something. |
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darkota (OP)
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December 23, 2014, 02:03:39 AM |
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Bottom is in
There is never have a bottom. Because the real bottom is 0exactly Well, technically right but psychologically not right. Why? Would you buy LTC at 0.0000000001? yes you would. No one will let LTC hit 0, this is not Flappybirdcoin or something. Well..The word "lite" is generally used for something that's 2nd place, inferior. So just Litecoin's name kinda makes it a flappybirdcoin. |
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favelle75
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December 23, 2014, 02:53:07 AM |
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It's definitely dead.
Yup, this thing is pretty dead.  Sad...it used to be my favorite coin. |
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BitcoinBoost
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Activity: 98
Merit: 10
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December 23, 2014, 07:15:14 AM |
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By that logic BTC will soon be gone too.
The difference is BTC was first and has the network effect. Litecoin solves no problems or has any practical daily use over Bitcoin, the issue of BTC transaction times is moot, there are many 3rd party solutions to deal with the slow transaction times now. The dream of LTC being a cpu-minded, truly decentralized coin is dead too. So why keep it around? In a better world it would have been peercoin that pumped to a multi-billion dollar market cap last year, at least it brought something new to the table. Litecoins strength is in that it's btc but it's not btc. It has a strong network, fast transaction times, and a solid brand as far as crypto goes. You may not see value in that, but many other people do. As long as other people do, that's all that matters. People have been declaring bitcoin AND litecoin dead for years now, but they both just keep goin. Always the same arguments too. False. Here's the real arguments that the Litecoin community has chosen to ignore or chastise time and time again. https://bitcointalk.org/index.php?topic=662058.msg9918005#msg9918005I don't think it's too late, it would just take a huge shift in thinking and organization. |
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youngmike
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December 23, 2014, 08:27:58 AM |
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And to think I called Litecoin dead when it was near $5 ... Anyone who listens to me here and the speculation forums has made a killing so far
BTW, I am a buyer from today on, we are extremely oversold due to emotional traders short selling... I am happy to be long when they get squeezed!
Yes you can predict things to come  You are legitimate dude |
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sidhujag
Legendary
Offline
Activity: 2044
Merit: 1005
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December 31, 2014, 03:46:45 AM |
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Look at my posts ive been calling $2.xx since it hit $47
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