Litecoin is officially dead

[d-trix]

LTC has wide adoption. Do not think it is dead.

China is a major holder of LTC and it can do anything from LTC

China is not some magical land full of rich idiots with a strong desire to baghold shitcoins.  Where this idea comes from I do not know but it is a meme that needs to die.

But all the negativity surrounding LTC at this stage doesn't affect the price and continue to stabilize.

[Daffadile]

LTC has wide adoption. Do not think it is dead.

China is a major holder of LTC and it can do anything from LTC

China is not some magical land full of rich idiots with a strong desire to baghold shitcoins.  Where this idea comes from I do not know but it is a meme that needs to die.

But all the negativity surrounding LTC at this stage doesn't affect the price and continue to stabilize.

Most litecoins are hold by very small group of people. They can decide the price of litecoin easily.

[azguard]

LTC has wide adoption. Do not think it is dead.

China is a major holder of LTC and it can do anything from LTC

China is not some magical land full of rich idiots with a strong desire to baghold shitcoins.  Where this idea comes from I do not know but it is a meme that needs to die.

But all the negativity surrounding LTC at this stage doesn't affect the price and continue to stabilize.

Most litecoins are hold by very small group of people. They can decide the price of litecoin easily.

so true they manipulate price even now how they want and how they please
if they want they can pump it sky high but i think they wain for btc halving to see that price change and how will market react then they will decide

[samasas]

Not dead because:

• Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.
  

I am a holder of litecoin, but very few. I think the four times of transaction as bitcoin is not very useful if litecoin is not used in real life.

[McDonalds5]

Yes it's dead. I hope you dump now before it's too late, no fud. Buy back when it's alive again.

[Searing]

Yes it's dead. I hope you dump now before it's too late, no fud. Buy back when it's alive again.

Well I just got another 2 cubes for my Titans (1 fully working cube and 1 cube with only 1 die working) for 160 LTC with shipping and tip.

I currently am mining LTC if you go by electric to LTC for 95c an LTC. (I've ROI'd) so on the above I've lost 2 weeks of LTC revenue in reality.

Or about 387.00 usd at the time of the LTC transaction.

SOOOOO

My bet is that IF BTC goes to 650 usd (as most hope) then at the current 0.008 ltc to btc that 5.20 usd  LTC. Then this will be a 'wise' investment
and I will lament the fact I did not get some more Titan cubes.

IF BTC and LTC (alone or otherwise) goes SIDEWAYS or maybe even down at the current prices for both coins. Then with 10 cubes of Titans at 2800 watts
and Summer coming I shall be 'screwed' to say the least.

So the bet is the price will rise for BTC and as usual LTC will tag along like Yoshi to Mario.

But HEAT is my friend this winter (heated house with Titan miners I kid thee not) also the elec rate went from 13.7c to 0.0966c kwh.

But SUMMER is coming and if we still have this sideways action on BTC/LTC price and of course 'da heat' it will be data halls also wondering wth and if they will
stick it out..not just a little old home miner like me (scrypt anyway I move LTC to BTC when ratio is better..er now not so much)

Anyway my 'bet' is the BTC price and LTC price WILL RISE at least enough for this purchase to make sense and perhaps me mining yet thru the summer/fall.

anyway my view and meager 160 LTC bet above I think I may 'recoup' (or hope)

crypto never a dull moment

[azguard]

Yes it's dead. I hope you dump now before it's too late, no fud. Buy back when it's alive again.

no good strategy
first price is low now good for buying expect for rise after will be good for selling

[Xenophoto]

Yes it's dead. I hope you dump now before it's too late, no fud. Buy back when it's alive again.

no good strategy
first price is low now good for buying expect for rise after will be good for selling

I think I will buy more litecoin when the price to $1 or lower. But it might not happen in the near future.

[Pitchblackroom]

LTC has wide adoption. Do not think it is dead.

China is a major holder of LTC and it can do anything from LTC

China is not some magical land full of rich idiots with a strong desire to baghold shitcoins.  Where this idea comes from I do not know but it is a meme that needs to die.

But all the negativity surrounding LTC at this stage doesn't affect the price and continue to stabilize.

Most litecoins are hold by very small group of people. They can decide the price of litecoin easily.

Wouldn't that be the same with most cryptocurrencies honestly.

[Nomad88]

I am not an expert of litecoin but this might be a good news for btc holders as some of litecoin users might reinvest in btc more.

[Washika]

LTC has wide adoption. Do not think it is dead.

China is a major holder of LTC and it can do anything from LTC

China is not some magical land full of rich idiots with a strong desire to baghold shitcoins.  Where this idea comes from I do not know but it is a meme that needs to die.

But all the negativity surrounding LTC at this stage doesn't affect the price and continue to stabilize.

Most litecoins are hold by very small group of people. They can decide the price of litecoin easily.

Wouldn't that be the same with most cryptocurrencies honestly.

The hashing rate of the litecoin is controlled by the manufacturers of the ASIC. There is not much competition.

[unixs_26]

lite coin is not dead mate..they are prepare for long run this year my predict US$ 10 - 13/ltc (big hope) 

[azguard]

lite coin is not dead mate..they are prepare for long run this year my predict US$ 10 - 13/ltc (big hope) 

my estimate is almost the same cuz i think ltc will follow somehow btc in halving jump or few month after it

[MedaR]

lite coin is not dead mate..they are prepare for long run this year my predict US$ 10 - 13/ltc (big hope) 

my estimate is almost the same cuz i think ltc will follow somehow btc in halving jump or few month after it

This is quite possible!
LTC follows BTC for a long time so i don't see reason why should stoped now.
Why people love LTC ? This is same question why they love BTC!
Many ALTS are there and till now no one accomplished to overthrow BTC or LTC.

[Pitchblackroom]

lite coin is not dead mate..they are prepare for long run this year my predict US$ 10 - 13/ltc (big hope) 

my estimate is almost the same cuz i think ltc will follow somehow btc in halving jump or few month after it

This is quite possible!
LTC follows BTC for a long time so i don't see reason why should stoped now.
Why people love LTC ? This is same question why they love BTC!
Many ALTS are there and till now no one accomplished to overthrow BTC or LTC.

Unfortunately the "Hit altcoins" of 2014 don't really have any sort of significant market cap as they were speculated to. Ripple is the only one who had consistent major growth.

[bitcoinlitcoinbtcltc]

Yeah, LTC is dead. That is why the volume btc traded looks like this at the moment:



Because Litecoin is dead. LOL!

[MedaR]

I will stick with BTC and LTC. But also i will always do my experiments with other alts.
This diversity makes me more secure.
I dont know, but i'm always trying to get more from any opportunity i've found.
This is my rule for investmnt.
LTC is still good opportunity believe me!

[bitcoinlitcoinbtcltc]

I will stick with BTC and LTC. But also i will always do my experiments with other alts.
This diversity makes me more secure.
I dont know, but i'm always trying to get more from any opportunity i've found.
This is my rule for investmnt.
LTC is still good opportunity believe me!

I strongly advise you not to diversify your crypto holdings beyond LTC and BTC!
The other coins have no liquidity, and are usually scams or at least very shade.

Yeah, sometimes, if your timing is 101% correct and you happen to trade on an exchange that has just enough liquidity, you are able to make a small profit.

But most of the time you would be wasting your money, or entrusting your btc/ltc to shady businesses, like Poloniex, which is an exchange that operates from a shed.

Stick with LTC and BTC. Don't be too greedy. The returns provided by these 2 great coins are HUGE. You just need to have patience.

[DaveyJones]

I will stick with BTC and LTC. But also i will always do my experiments with other alts.
This diversity makes me more secure.
I dont know, but i'm always trying to get more from any opportunity i've found.
This is my rule for investmnt.
LTC is still good opportunity believe me!

I strongly advise you not to diversify your crypto holdings beyond LTC and BTC!
The other coins have no liquidity, and are usually scams or at least very shade.

Yeah, sometimes, if your timing is 101% correct and you happen to trade on an exchange that has just enough liquidity, you are able to make a small profit.

But most of the time you would be wasting your money, or entrusting your btc/ltc to shady businesses, like Poloniex, which is an exchange that operates from a shed.

Stick with LTC and BTC. Don't be too greedy. The returns provided by these 2 great coins are HUGE. You just need to have patience.

As you like to bash poloniex .... tell me more about where btc-e operates... and who operates it ?

[bitcoinlitcoinbtcltc]

I will stick with BTC and LTC. But also i will always do my experiments with other alts.
This diversity makes me more secure.
I dont know, but i'm always trying to get more from any opportunity i've found.
This is my rule for investmnt.
LTC is still good opportunity believe me!

I strongly advise you not to diversify your crypto holdings beyond LTC and BTC!
The other coins have no liquidity, and are usually scams or at least very shade.

Yeah, sometimes, if your timing is 101% correct and you happen to trade on an exchange that has just enough liquidity, you are able to make a small profit.

But most of the time you would be wasting your money, or entrusting your btc/ltc to shady businesses, like Poloniex, which is an exchange that operates from a shed.

Stick with LTC and BTC. Don't be too greedy. The returns provided by these 2 great coins are HUGE. You just need to have patience.

As you like to bash poloniex .... tell me more about where btc-e operates... and who operates it ?

BTC-e is operated by highly skilled people who care about the privacy of their customers.
BTC-e is, furthermore, the longest standing Bitcoin exchange in the world and has a great reputation because of their trustworthiness, great liquidity, high volume.

Trustworthiness has little to do with whether an exchange is anonymous or not. It has, however, everything to do with the reputation they have, the years they've been in business, and the options (e.g. cashing out, funding account, etc.) they offer. BTC-e is, therefore, one of the best Bitcoin exchanges available.

Don't even compare it to shit exchange POOloniex that operates from a shed and has FAKE volume. Most of their volume is related to IPO COIN Ehtereum!