Litecoin is officially dead

[devphp]

So who will take LTC place?

Dogecoin.

[ethought]

So who will take LTC place?

Dogecoin.

I find this very doubtful.

[patrike]

By that logic, 0-conf is also fine for day-to-day transactions, and indeed that's what every physical btc-accepting retailer I've ever used does. I don't see a rash of double-spends against coffee shops as particularly likely.

As to litecoin specifically, there's essentially no use-case where a statistical 2.5min avg conf is acceptable but a statistical 10min avg conf is not.

If you rent a rig on Betarigs, you have to wait for 1 confirmation before you can start hashing. That takes 10 minutes avg. right now because only Bitcoin is supported. If they would implement Litecoin payments as well, you could get started in 2.5 minutes instead. That's a lot faster, when every minute is important.

[Zer0Sum]

Measuring performance by month is for pump-n-dump kind of trading, isn't it?

Why don't you just measure performance in 5 Year Plans... and stay in bed the rest of the time?

[devphp]

Why don't you just measure performance in 5 Year Plans... and stay in bed the rest of the time?

Quarterly and yearly performance are standard milestones in forex, stock market and commodities trading as far as I know.

But I know that in pump-n-dump cryptos it's days and weeks that count

[Buffer Overflow]

Actually, no... these things are NOT "supposed" to be currencies...
This is FUD spread by the Bitcoin community that is hoarding every last BTC.

Oh dear, somebody hasn't read Satoshi's white paper.

[xfunkx]

It will still be #2 for awhile.  It will take a lot for a coin to bump LTC to #3 on the list.

[Equate]

So who will take LTC place?

Dogecoin.

LTC is having bad time time for sometime, but I don't see Doge taking its 2nd spot .

[Nxtblg]

So who will take LTC place?

Dogecoin.

dogecoin is dying too

the universe project might bring it up from its knees, but hardly

If you don't mind me asking, what's the universe project?

[azguard]

So who will take LTC place?

Dogecoin.

I hear opposite that ltc is going to take doge. But this is tricky cuz boot coin are dropping from market slowly.

[sidhujag]

Ltc is not going anywhere its undervalued.. volume is key.

[devphp]

I hear opposite that ltc is going to take doge. But this is tricky cuz boot coin are dropping from market slowly.

Who takes who depends on how active the community is at this point and development efforts of course. It doesn't depend on miners.

If Dogecoin stops development, including external infrastructure, apps, etc. and the community gets bored, then Dogecoin will die.

Same is true for Litecoin.

[dewdeded]

The failure and death of Litecoin, due long-lasting and amazing mismanagement, will go down in history. And be featured as legendary case study in Business Schools classes and management literature, on how to fuck up an promising project, besides having all resources, advantage, an once active community, ...

Intresting case to study for real, as the two leaders are being portrayed as "smart", expierenced and well connected in the CC scene.
 

[GangkisKhan]

Wouldn't write if off as dead yet.

There will certainly be usage and adaptation when the fee on bitcoin is becoming increasing high.

Low price, while bad for investor, not necessary bad for consumer.

[doo]

In relation to Litecoin

[devphp]

In relation to Litecoin

That's just some noise. Crypto currencies are supposedly here to change the world, then, you should look at yearly performance, that has more relation to changing the world than a few days/weeks of noise price fluctuations.

[goose20]

In altcoin land, performance is relative to age of coin. Table not meaningful without age imo.
i.e. a brand new coin all hyped up could be high +ive % simply because its a week old. In a month it could be dead.

[darkota]

In relation to Litecoin

That's just some noise. Crypto currencies are supposedly here to change the world, then, you should look at yearly performance, that has more relation to changing the world than a few days/weeks of noise price fluctuations.

Very True. Litecoin is at 0.012 again, it's price is getting lower and lower, can't be sustained.

[fonzie]

In relation to Litecoin

That's just some noise. Crypto currencies are supposedly here to change the world, then, you should look at yearly performance, that has more relation to changing the world than a few days/weeks of noise price fluctuations.

Very True. Litecoin is at 0.012 again, it's price is getting lower and lower, can't be sustained.

LTC will trade@ 0.002 by the end of the year, maybe lower! RxIxP LTC- Mother of all scamcoins!

[Alchemix]

In relation to Litecoin

That's just some noise. Crypto currencies are supposedly here to change the world, then, you should look at yearly performance, that has more relation to changing the world than a few days/weeks of noise price fluctuations.

Very True. Litecoin is at 0.012 again, it's price is getting lower and lower, can't be sustained.

LTC will trade@ 0.002 by the end of the year, maybe lower! RxIxP LTC- Mother of all scamcoins!

Based off that prediction, do you think the Cleveland Browns will win the Super Bowl this year?