Litecoin is officially dead

[othe]

look at all other coins, they lost 95% in value! Litecoin is strong compared to these. Litecoin will always be number 2 and the silver of the cryptoworld  

Back up your claims with proof at least.

Its non sense what you have written:


LTC     -22.64   
DRK     -39.03
XMR    -22.90
BC       -22.73   
CLOAK  -72.50
NMC    -15.73
PPC      -27.68
DOGE   -34.14   
NXT      -18.89   
VIA       -48.83

those are the 30 days changes, source bitcoinwisdom.

[Brilliantrocket]

look at all other coins, they lost 95% in value! Litecoin is strong compared to these. Litecoin will always be number 2 and the silver of the cryptoworld  

Litecoin is abject trash. It does nothing that Bitcoin can't do, so your silver analogy doesn't make any sense. Litecoin will stagnate and then die, being replaced with whichever anonymous coin comes out ahead of the others.

[Lauda]

look at all other coins, they lost 95% in value! Litecoin is strong compared to these. Litecoin will always be number 2 and the silver of the cryptoworld  

Litecoin is abject trash. It does nothing that Bitcoin can't do, so your silver analogy doesn't make any sense. Litecoin will stagnate and then die, being replaced with whichever anonymous coin comes out ahead of the others.

They compare it to silver because the holders want it to be just that. If you look at everything, the only thing that LTC has is that is the first (oldest altcoin alive?) altcoin that gained some acceptance. It has started to recover so we will see what happens.

Back up your claims with proof at least.
Its non sense what you have written:
LTC     -22.64   
DRK     -39.03
XMR    -22.90
BC       -22.73   
CLOAK  -72.50
NMC    -15.73
PPC      -27.68
DOGE   -34.14   
NXT      -18.89   
VIA       -48.83
those are the 30 days changes, source bitcoinwisdom.

Obviously, he is the 'LiteCoinGuy'. The coins have started to recover now, so we will see which one will take which place.

[bigasic]

In the past, I haven't been too big of a supporter of alt coins. The only coin that I really paid attention to was litecoin and maybe namecoin.. Well, I was just about to buy a few below 4 bucks when I got side tracked, but still, even at above 5 buckks, its still a good deal. I have a feeling that coinbase is going to include them. When that happens, watch out. I think we could see  20x increase. Still will have its ups and downs, but I think im bullish on litecoin, never thought I would say that..

So as soon as I buy some, let it go to the moon, lol...

[DooMAD]

Litecoin will always be number 2 and the silver of the cryptoworld  

I suppose if people keep saying it often enough, it might become a self-fulfilling prophecy.  When new users join the crypto community, "LTC=Silver" is the message they invariably get exposed to early on.  Whether or not that notion continues to be perpetuated is another matter, though.  Personally, I think Litecoin has some serious work to do to hold on to its 'silver' mantle.  If too many people start to lose interest, there won't be enough willing volunteers to say the line and spread the analogy.  Without that phrase being repeatedly drummed into people's thoughts, I honestly don't think Litecoin is there on any technical merit.  The only thing keeping it afloat is the trading volume.  If that ever dries up, it's probably over.

[darkota]

Litecoin will always be number 2 and the silver of the cryptoworld  

I suppose if people keep saying it often enough, it might become a self-fulfilling prophecy.  When new users join the crypto community, "LTC=Silver" is the message they invariably get exposed to early on.  Whether or not that notion continues to be perpetuated is another matter, though.  Personally, I think Litecoin has some serious work to do to hold on to its 'silver' mantle.  If too many people start to lose interest, there won't be enough willing volunteers to say the line and spread the analogy.  Without that phrase being repeatedly drummed into people's thoughts, I honestly don't think Litecoin is there on any technical merit.  The only thing keeping it afloat is the trading volume.  If that ever dries up, it's probably over.

The real reason is, many of the "older" members here have been burned by buying into scamcoins like visacoin, asiacoin, stackcoin etc. Because of that, they have decided to stick with "safe altcoins" like LTC. Yes, most of the Litecoin supporters are Shitty as hell with daytrading altcoins.

The problem is, Litecoin has been on a downtrend since November, it lost more than 1000% of it's ATH value.

Bitcoin has recovered, Litecoin has not. Why you may ask? Because Litecoin is simply a Bitcoin clone, it offers Nothing by itself, thus making Litecoin useless to buy/have.

It's sad to see Some of the older members in support of Litecoin, especially since the price dropped 1000% and Has Not recovered at all. That should show that whales are dumping out of Litecoin, and by them continuing to hold Litecoin, they'll continue to see their Litecoin holdings drop in price as it's been doing for the last 8 months.

[azguard]

look at all other coins, they lost 95% in value! Litecoin is strong compared to these. Litecoin will always be number 2 and the silver of the cryptoworld  

Back up your claims with proof at least.

Its non sense what you have written:


LTC     -22.64   
DRK     -39.03
XMR    -22.90
BC       -22.73   
CLOAK  -72.50
NMC    -15.73
PPC      -27.68
DOGE   -34.14   
NXT      -18.89   
VIA       -48.83

those are the 30 days changes, source bitcoinwisdom.

yes, after this dump prices will slowly come to life.

I mean it will go to usual price.

BTC could be around 1000$ and the rest will follow ass usual off course.

Prime on this will be LTC like all ways.

[Nullu]

The problem is, Litecoin has been on a downtrend since November, it lost more than 1000% of it's ATH value.

i am not really good at math, but how to lose more than 100% ?

Taking a value, and then working out how much more of a percentage increase its gained since then, is what it can also potentially lose. So a coin can get 1000% value if its price has increased 10-fold from that point.

[FNG]

Doesn't look dead


 

[Amph]

the price of litecoin was simple too high

[spazzdla]

litecoin will soon reach $6 more alive than ever

Good call.

[Ryota]

look at all other coins, they lost 95% in value! Litecoin is strong compared to these. Litecoin will always be number 2 and the silver of the cryptoworld  

Litecoin is abject trash. It does nothing that Bitcoin can't do, so your silver analogy doesn't make any sense. Litecoin will stagnate and then die, being replaced with whichever anonymous coin comes out ahead of the others.

You forget the most important.

Cryptoccurrencies are not made for geeks and kids, it's made for traders and investors.

LTC is a good coin for traders and investors, It's supported by major exchanges: btc-e, btcchina, huobi, okcoin... on strong volumes, it will go up like BTC did.

[othe]

Cryptoccurrencies are not made for geeks and kids, it's made for traders and investors.

If that´s all that LTC wants to accomplish, beeing traded by greedy idiots and beeing mined by asic farms, well, good job so far.
Cryptocurrencis are made for geeks, kids and EVERYONE else.

I hope not everyone in LTC is so fucking narrow minded but it seems so at least...

[Buffer Overflow]

You forget the most important.

Cryptoccurrencies are not made for geeks and kids, it's made for traders and investors.

No. They are made for everybody.

[MoonTime]

Funny, how you used the word officially. Its dropping indeed but they are having hard time to keep it alive. Its not dead yet. Luckily I sold many of my LTC already.

[Ryota]

You forget the most important.

Cryptoccurrencies are not made for geeks and kids, it's made for traders and investors.

No. They are made for everybody.

I agree, but no investor, no money, no people.

[Hashforfun]

Removing some of their offers isn't called dead. And it has not even reached $1 value, it has some time left

[TheMage]

Cryptoccurrencies are not made for geeks and kids, it's made for traders and investors.

If that´s all that LTC wants to accomplish, beeing traded by greedy idiots and beeing mined by asic farms, well, good job so far.
Cryptocurrencis are made for geeks, kids and EVERYONE else.

I hope not everyone in LTC is so fucking narrow minded but it seems so at least...

Far from it, most Litecoin supporters are very open minded

[kingscrown]

LTC has loads of shops using it and this amount raises all the time

[AdamSmith]

Cryptoccurrencies are not made for geeks and kids, it's made for traders and investors.

If that´s all that LTC wants to accomplish, beeing traded by greedy idiots and beeing mined by asic farms, well, good job so far.
Cryptocurrencis are made for geeks, kids and EVERYONE else.

I hope not everyone in LTC is so fucking narrow minded but it seems so at least...

Far from it, most Litecoin supporters are very open minded

And many supporters are jumping ship for greener posture.

Litecoin developers are close minded with no intention to make LTC a better coin.