Litecoin is officially dead

[darkota]

I remember koolio bragging on btc-e about waiting until Litecoin hit $100 to buy a Lamborghini lol

Litecoin's all time high was $50, and then it retreated rather quickly to $30, then to $10, now its $8 and dropping 3% everyday.

To compare, even coins with a tiny bit of innovation have surpassed Litecoin, including absolute copy/paste coins like Maxcoin had an all time high of $40 and Auroracoin had an all time high of $90, almost twice Litecoin's ATH.

[Este Nuno]

I remember koolio bragging on btc-e about waiting until Litecoin hit $100 to buy a Lamborghini lol

Litecoin's all time high was $50, and then it retreated rather quickly to $30, then to $10, now its $8 and dropping 3% everyday.

To compare, even coins with a tiny bit of innovation have surpassed Litecoin, including absolute copy/paste coins like Maxcoin had an all time high of $40 and Auroracoin had an all time high of $90, almost twice Litecoin's ATH.

What I find interesting too is the lack of Litecoin evangelism that goes on now. There's very little positive sentiment or even defending Litecoin anymore. Not sure why. It's such a waste. I can't get over it. It's like the Litecoin community is just putting their fingers in their ears and going "la la la, we have a big market cap, la la la, I can't hear you" while everyone else is trying to wake them up.

[Brilliantrocket]

Litecoin isn't dead, but it is in the process of dying. It's basically trash at this point, considering it's dead as far as innovation goes.

[Brilliantrocket]

He has sunk his pocket money into Darkcoin, which has zero chance of ever making it out of the murky world of altcoin speculation.

And a zero innovation piece of shit like Litecoin will? Hilarious. Regale me with more of your idiocy.

[darkota]

I remember koolio bragging on btc-e about waiting until Litecoin hit $100 to buy a Lamborghini lol

Litecoin's all time high was $50, and then it retreated rather quickly to $30, then to $10, now its $8 and dropping 3% everyday.

To compare, even coins with a tiny bit of innovation have surpassed Litecoin, including absolute copy/paste coins like Maxcoin had an all time high of $40 and Auroracoin had an all time high of $90, almost twice Litecoin's ATH.

What I find interesting too is the lack of Litecoin evangelism that goes on now. There's very little positive sentiment or even defending Litecoin anymore. Not sure why. It's such a waste. I can't get over it. It's like the Litecoin community is just putting their fingers in their ears and going "la la la, we have a big market cap, la la la, I can't hear you" while everyone else is trying to wake them up.

I also agree, the LTC community is very lacking. Full of arrogant people who try to deny the truth that LTC is dead/dying.

[solid12345]

Charlie Lee has worked for Coinbase over a year and he can't even convince his superiors to adopt Litecoin, what does that tell you.

[darkota]

Charlie Lee has worked for Coinbase over a year and he can't even convince his superiors to adopt Litecoin, what does that tell you.

It's because Litecoin has no innovation or sense of community.

[solid12345]

Charlie Lee has worked for Coinbase over a year and he can't even convince his superiors to adopt Litecoin, what does that tell you.

It's because Litecoin has no innovation or sense of community.

B.b..b..ut it's the silver to Bitcoin's gold! Why? Because they say so :p

[kraftmind]

Well I guess that wraps this up

[darkota]

Charlie Lee has worked for Coinbase over a year and he can't even convince his superiors to adopt Litecoin, what does that tell you.

It's because Litecoin has no innovation or sense of community.

B.b..b..ut it's the silver to Bitcoin's gold! Why? Because they say so :p

Haha, Litecoin's silver logo doesn't warrant it the silver to anything, maybe the Pencil Shavings to  Dogecoin's Sharpener though.  

[komodovpn]

Why doesn't Litecoin add new updates to their coin like some altcoins do? eg. anon features

[darkota]

Why doesn't Litecoin add new updates to their coin like some altcoins do? eg. anon features

Seems like the Litecoin devs abandoned the coin. Litecoin hasn't been updated with any new features since it was made nearly 3 years ago..

[Buffer Overflow]

Litecoin is officially dead, why you may ask?

What Litecoin used to offer:

ASIC Resistance
2.5minute blocktime


What Litecoin now offers:
2.5minute blocktime

Don't forget Litecoin used to offer 'GPU resistance'.

[darkota]

Litecoin is officially dead, why you may ask?

What Litecoin used to offer:

ASIC Resistance
2.5minute blocktime


What Litecoin now offers:
2.5minute blocktime

Don't forget Litecoin used to offer 'GPU resistance'.

Haha, nice call. Added.

[bitcoincal]

What exactly does Charlie Lee do at Coinbase as part of the team?

http://blog.coinbase.com/post/56906034176/welcome-charlie-lee-creator-of-litecoin-to-the-team

[darkota]

What exactly does Charlie Lee do at Coinbase as part of the team?

http://blog.coinbase.com/post/56906034176/welcome-charlie-lee-creator-of-litecoin-to-the-team

No idea, probably coding/programming. Going to coinbase made him give up on Litecoin.

[fonzie]

Sub 0.015  -> LTC is destined to die!

RxIxP Mother of all scamcoins!

[darkota]

Sub 0.015  -> LTC is destined to die!

RxIxP Mother of all scamcoins!

It's gonna be .0100 next in the 3 weeks. It was .024 last month, goes down 3% in price per day.

[darkota]

Good time to average into your LTC position if you are in the red.

Haha yea.

[Equate]

With each BTC rally , LTC price is dropping  , nothing  much happening for LTC these days other than price drop again and again.