Litecoin is officially dead

[azguard]

one coin dies one coin borns that is the crypto life

that how it is but for ltc is far from dying it will be lot time to pass before ltc dies

[socks435]

one coin dies one coin borns that is the crypto life

that how it is but for ltc is far from dying it will be lot time to pass before ltc dies

Yeah i think Litecoin will be still until in the future and i think doge and ltc has the same long life..
The price is not so good but honestly if we use litecoin as secondary of bitcoin it will increase more.is just my opinion..

[FaucetRank.com]

one coin dies one coin borns that is the crypto life

that how it is but for ltc is far from dying it will be lot time to pass before ltc dies

Ltc has long life like bit coin and I don't think it'll die soon.

[MedaR]

I think it is sad that litecoin is probably dying, it started out with enough differences from bitcoin to make it interesting but now it doesn't have enough compelling differences and unfortunately it was unable to gain enough momentum in the beginning to survive once those differences were no longer compelling.

Wrong!

LTC have already just enough momentum and support to stay in top 5.
This is still good if you expecting BTC to rise, you will probably see and LTC rocket (LTC/$)!
LTC is not IPO, ICO scam, to vanish overnight. Ups and downs are normal thing in crypto world.
My advice - Better invest in real coins with miners support.
You will get burn by ico scams.

[jeremy grol]

LTC will never die.

[AliceWonderMiscreations]

It does not seem to be a very good hedge against any currency, nor can I spend them anywhere.

What utility does it offer? What does it have that makes it desirable ?

I do hope we get some alt coins that actually offer utility that warrants their use, but I don't see it in litecoin.

Faster confirmation time doesn't matter, most businesses that accept crypto accept bitcoin with 0 confirmations and don't get ripped off.

[samasas]

It does not seem to be a very good hedge against any currency, nor can I spend them anywhere.

What utility does it offer? What does it have that makes it desirable ?

I do hope we get some alt coins that actually offer utility that warrants their use, but I don't see it in litecoin.

Faster confirmation time doesn't matter, most businesses that accept crypto accept bitcoin with 0 confirmations and don't get ripped off.

That is my concern as well. There is not much new features in litecoin to make people think it is a unique currency.

[shyliar]

This was abandoned because although a lot of people agree 10 minutes is too long. One minute is considered dangerously short. Somewhere in between seems to be optimal. Two and one-half minutes seems to have worked quite well and can be considered ideal. There are multiple examples of failed coins where block creation of less than a minute have demonstrated the wisdom of keeping 2.5 minute creation.

I didn't understand this how and why is this very dangerous? Many altcoins have short block time.

Blackcoin  https://bitcointalk.org/index.php?topic=469640.0
 Block time: 64 seconds   pow+pos

Cloakcoin  http://forum.cloakcoin.com/
 Block time: 60 seconds   pow +pos

Monero  https://bitcointalk.org/index.php?topic=583449.0
 Block time: 60 seconds   pow!

They all have shorter block time then LTC  and thay don't have any problems as i can see.

Please google and read about propagation delay on a decentralized network. Some even though litecoin was to aggressive; but, the math and time demonstrates it's just about right. Remember that block size varies with the number of transactions and the coins you mention generally send near empty blocks (small in size).

[shyliar]

I like Bitcoin; but, at the time of posting 20273 unconfirmed transactions demonstrates why with four times the number of transactions Litecoin is so attractive.

https://blockchain.info/en/unconfirmed-transactions

Edit: Wonder if adding anti-spam somewhat like litecoin did several years back would help.

[AliceWonderMiscreations]

I like Bitcoin; but, at the time of posting 20273 unconfirmed transactions demonstrates why with four times the number of transactions Litecoin is so attractive.

https://blockchain.info/en/unconfirmed-transactions

Edit: Wonder if adding anti-spam somewhat like litecoin did several years back would help.

The fact that so many blocks are not full indicates the problem isn't the blocksize or how fast the blocks happen.

Those transactions are unconfirmed for other reasons. My suspicion is a lot of them are faucet payouts that are tiny in size and tiny in fee, and spam transactions with no or tiny fee.

[MedaR]

I still use litecoin for trades now and then seems easier and cheaper to trade though litecoin at times.

Yes you can move your BTC (or small portion) easier and quicker if you buy LTC and then transfer LTC to new exchange and sell there. This way you will pay smaller fee and you if done properly you can also earn some small sweet money.
This is not only manageable with LTC, but LTC have good volume (and you are safe from sudden price movement) on every exchange.

[moko666]

litecoin performed worst in last 2 years, I wish litecoin will do good this year with bitcoin and hit 0.025btc per ltc again

[azguard]

I still use litecoin for trades now and then seems easier and cheaper to trade though litecoin at times.

still one of the safest coin in the market for trade sometimes even to predictable in my opinion i must say

[stoat]

litecoin performed worst in last 2 years, I wish litecoin will do good this year with bitcoin and hit 0.025btc per ltc again

No chance any more.  All new money in crypto is going in to ethereum

[MedaR]

still one of the safest coin in the market for trade sometimes even to predictable in my opinion i must say

After people realise they have been cheated with ico investments they will return to more secure BTC and LTC. To be honest i'm expecting this price again>

litecoin performed worst in last 2 years, I wish litecoin will do good this year with bitcoin and hit 0.025btc per ltc again

Holding certain number just in case.
I cannot say when this will happen , predictions are ungrateful job!


I'm also in ( cloak, super, monero, droidz, geocoin. But this is offtopic.)

[kelsey]

still one of the safest coin in the market for trade sometimes even to predictable in my opinion i must say

After people realise they have been cheated with ico investments they will return to more secure BTC and LTC. To be honest i'm expecting this price again>

Yes, give me trust over 'innovation' to sell snake oil anyday, eventually people will learn.

[azguard]

still one of the safest coin in the market for trade sometimes even to predictable in my opinion i must say

After people realise they have been cheated with ico investments they will return to more secure BTC and LTC. To be honest i'm expecting this price again>

Yes, give me trust over 'innovation' to sell snake oil anyday, eventually people will learn.

for btc to ltc price i have high hope for something similar like in 2013 to happen i would like to but if everything goes as planed off course

[MedaR]

Think about this!
People are attracted by idea that they will become rich overnight, and this thought guides them but that is not the reality this is emotion and this is dangerous!
Blinded by greed they investing in ICO , proved as scam many times and still is popular astonishingly!
While smart boys slowly accumulating LTC.
Just because LTC is not so popular at the moment, this is perfect investment.

[brightminds]

LTC will steady increase in value.  I'm sorry LTC is not mooncoins ok although some wishes LTC would disappear.  But I'm slowly earning LTC

[GermanFoobla]

LTC will steady increase in value.  I'm sorry LTC is not mooncoins ok although some wishes LTC would disappear.  But I'm slowly earning LTC

Well I don't see this happening. Since the start litecoin has brought nothing.
Really nothing. No innovation not features, just the same old litecoin as it was cloned.