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Author Topic: Litecoin is officially dead  (Read 290681 times)
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xbiv2
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July 21, 2017, 09:59:16 PM
 #2481


 It needs at least 1 year
But now you can safely sell it.

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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July 21, 2017, 10:27:00 PM
 #2482

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.



You just love reading those years later
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July 21, 2017, 10:47:23 PM
 #2483

Try mining litecoin or any other scrypt algo with a BITMAIN ANTMINER L3+
Monster Miner
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July 21, 2017, 10:53:13 PM
 #2484

Buy or cry  Grin
Creepings
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July 21, 2017, 11:06:54 PM
 #2485

Lol ltc is not officially dead it is alive and it will grow i saw how many gambling sites started to accept btc and many other kind of sites so i still have hope for ltc cryptocurrency.

What is the relation of Litecoin and Bitcoin if bitcoin is accepted in many gambling sites? Or maybe this is a typo that LTC is the one being accepted on many gambling sites now.
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July 21, 2017, 11:38:32 PM
 #2486

I don't think so, litecoin is the eldest coin after Bitcoin here and you can see nowadays price of litecoin is increasing and I am sure it will grow more in the future. I like litecoin and I am sure it will worth good in future I am holding it for the long term.
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July 21, 2017, 11:43:50 PM
 #2487

I don't think so, litecoin is the eldest coin after Bitcoin here and you can see nowadays price of litecoin is increasing and I am sure it will grow more in the future. I like litecoin and I am sure it will worth good in future I am holding it for the long term.

Yes, litecoin is not dead but people still invest huge money in litecoin. If you ask me this is very wrong idea. It was $3-4 at Q2 of 2017 and now look at the price. Hyped clearly.
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July 21, 2017, 11:44:35 PM
 #2488

What a wonderful read, I wonder if the spruiking of DRK and CRYPT in those first posts are the real reason for the initial thread.
Clearly it didn't die.  It is interesting that there was such passion about the death of LTC.
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July 21, 2017, 11:46:33 PM
 #2489

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 agree i guess holding these coins and mining are not profitable in the case or paying bills i also mining coins and i stop mining ltc i guess monero and eth is more profitable and also there are a lot of coins in the market that can be use for investment i guess .
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July 23, 2017, 07:19:24 AM
 #2490

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 agree i guess holding these coins and mining are not profitable in the case or paying bills i also mining coins and i stop mining ltc i guess monero and eth is more profitable and also there are a lot of coins in the market that can be use for investment i guess .

Did you sell your litecoin ASIC?
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July 23, 2017, 07:48:11 AM
 #2491

huge market in china. I don't think it's thru. I agree for price but it's useful and very common in china in daily basis

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July 23, 2017, 10:01:23 AM
 #2492

Litecoin whales have slowly been cashing out of LTC and moving into other coins. It's a dying coin...I'm very dissapointed with the devs of Litecoin, they havent even changed a single thing about it since it was released years ago..

Litecoin has always been known to be a piece of shit even back in the day

nobody takes it serious anyway,   just a few dorks who took profit from its rise thats all

no new news at all

~CfA~

You may be right, but the show must go on...

Just look at all the recent youtube videos pimping / pumping LTC -> to the MOON Grin Grin Grin guess someone will be holding the proverbial bag eventually.

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July 23, 2017, 10:04:56 AM
 #2493

I don't think so, litecoin is the eldest coin after Bitcoin here and you can see nowadays price of litecoin is increasing and I am sure it will grow more in the future. I like litecoin and I am sure it will worth good in future I am holding it for the long term.
Yeah that is true. Litecoin is really have potential that can stay in the cryptocurrency forever. It is really true that the litecoin is now more valuable than before and it seems that the price is continuing to rise up.
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July 23, 2017, 10:05:48 AM
 #2494

Instead of litecoin, I prefer to invest in bitcoin why do I prefer lite version of bitcoin?
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July 23, 2017, 10:29:55 AM
 #2495

bitcoin will rise, and with btc, the whole cryptomarket will.

LTC is way more stable than btc. Solid investment. Like ETC
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July 23, 2017, 12:17:10 PM
 #2496

I think not really and basically dead it just fades because of the bitcoin that grows faster and influence very fast.These litecoins are not really effective thats why these litecoins are not used and many are not interested because they are more imnterested in bitcoins.Now lite coins are increasing but it didnt dis appear.
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July 23, 2017, 09:49:00 PM
 #2497

well I have been watching closely the $ value of Litecoin
and over the last 5 or so days it has been very stable at
around $45, this gives me confidence that others have
confidence in it.

R


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July 24, 2017, 02:30:27 AM
 #2498

An altcoin will only die if the dev abandons the project or people dont use it. Clearly ltc is used by people
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July 24, 2017, 02:35:55 AM
 #2499

What an insight that Op.  Tongue
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July 24, 2017, 02:44:18 AM
 #2500

That is not dead which can eternal lie, And with strange aeons even death may die
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