Litecoin is officially dead

[Winner]

I have a feeling that litecoin might reach $3.50 because of the btc drop

[Winner]

I see that it went up to $4.70 atm

[futurebit640]

LTC graphics and look great with BTC in the beginning, in 1 year we will know if'll be dead

[Henrietta.UK]

depends on the graphic LTC is dropping and some big whales treat LTC as their toys.

[Skele]

Litecoin offers nothing new but is far from dead.. bag holders are not selling so easily and its still in second place on market cap.

[Only4money]

Litecoin offers nothing new but is far from dead.. bag holders are not selling so easily and its still in second place on market cap.

And it'll eventually keep it's position intact in future.

[BIT-Sharon]

What do you mean by "Officially"? How about actually?

[RussiaCoinDotInfo]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

[zadiume]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

Im not sure yet about this. Why not just buy smaller amount of BTC? 

[DooMAD]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

I'd hardly call that a niche, there are thousands of coins that you can get cheaper than BTC.  You've just described every altcoin in existence, heh.  Rather than just being cheap, why not look for a coin that serves an actual purpose?  Lots of coins now have, or will soon have, features like asset exchange AND are still cheaper than Bitcoin.  What new features does Litecoin have in the development pipeline?  Does it even have a development pipeline?

[DonQuijote]

Asic kill scrypt-coins
They dump the price

[blablaace]

it's already dying couple months 

[Morguk]

Kinda funny that I can see a future where doge outlives litecoin lol. I used to be a big supporter of LTC, but it doesn't have anything special anymore. BTC has the media and all the other alts have the features. So long LTC.

[Bitcoin Fiction]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

I'd hardly call that a niche, there are thousands of coins that you can get cheaper than BTC.  You've just described every altcoin in existence, heh.  Rather than just being cheap, why not look for a coin that serves an actual purpose?  Lots of coins now have, or will soon have, features like asset exchange AND are still cheaper than Bitcoin.  What new features does Litecoin have in the development pipeline?  Does it even have a development pipeline?

interesting point of view.
 
From one hand,I agree that if altcoin would like to live long term it's better to serve a purpose, now there a plenty of altcoins that are cheap and good only in a manner to mine it asap and sell it to BTC. And from another hand, it's really difficult to create a coin with features that would make it popular and liquid. There are disputes about features that good coin should have and probably this dispute will never end

[grappa_barricata]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

This point is kind of weak... i mean you can buy a fraction of bitcoin and here you go.

[darkota]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

This point is kind of weak... i mean you can buy a fraction of bitcoin and here you go.

Exactly, they fill no niche market. Maybe Dogecoin did since it was used as a tipping currency, but Litecoin is simply a Bitcoin clone aka the first shitcoin.

[johnnyrocket]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

This point is kind of weak... i mean you can buy a fraction of bitcoin and here you go.

Exactly, they fill no niche market. Maybe Dogecoin did since it was used as a tipping currency, but Litecoin is simply a Bitcoin clone aka the first shitcoin.

The Litecoin is "silver" to Bitcoin as "gold" has always been a silly argument to me, since Bitcoin can be as little as one satoshi (0.00000001 BTC => currently worth US$0.00000477). It is hard to imagine a scenario where you actively need values less than that, although at times transaction fees on Bitcoin can be an issue on small amounts. Service-level wallets are an easy solution to that point though.

[kingscrown]

peopel manipulating BTC switched now to manipulate LTC as its easy for tchem. price got dropped - they buy out and will raise it to some crazy point
doesnt matter if LTC vs BTC has advantage its just other coin on almost all USD/coin exchanges and that givs it an upperhand

[trixnstones]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

This point is kind of weak... i mean you can buy a fraction of bitcoin and here you go.

Exactly, they fill no niche market. Maybe Dogecoin did since it was used as a tipping currency, but Litecoin is simply a Bitcoin clone aka the first shitcoin.

Litecoin, the first shitcoin.

I love it 

[RussiaCoinDotInfo]

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

I'd hardly call that a niche, there are thousands of coins that you can get cheaper than BTC.  You've just described every altcoin in existence, heh.  Rather than just being cheap, why not look for a coin that serves an actual purpose?  Lots of coins now have, or will soon have, features like asset exchange AND are still cheaper than Bitcoin.  What new features does Litecoin have in the development pipeline?  Does it even have a development pipeline?

interesting point of view.
 
From one hand,I agree that if altcoin would like to live long term it's better to serve a purpose, now there a plenty of altcoins that are cheap and good only in a manner to mine it asap and sell it to BTC. And from another hand, it's really difficult to create a coin with features that would make it popular and liquid. There are disputes about features that good coin should have and probably this dispute will never end

You could also have a case where a coin become region-centric (with or without a country name). Already there are reports that China is gobbling up BTC's - Imagine if BTC disappeared from Western use.