Litecoin is officially dead

[sidhujag]

Well, LTC is following BTC down pretty much and I do think there will be a coin to overtake LTC in time, probably an anonymous coin or something that really adds value.

However, with that said, we need to consider that LTC has a very strong network and 2.0 coins that ride shotgun on BTC, like Counterparty, can always use the LTC network
as well (heard this on LTBTC podcast). So, I may not see LTC as being successful the way we know it to be, but I do think it might still take off once this bear market ends...

Only marketcap that will be higher is bitshares.. ripple is a scam imo so top 3 will be btc bitshares and ltc

[azguard]

Well, LTC is following BTC down pretty much and I do think there will be a coin to overtake LTC in time, probably an anonymous coin or something that really adds value.

However, with that said, we need to consider that LTC has a very strong network and 2.0 coins that ride shotgun on BTC, like Counterparty, can always use the LTC network
as well (heard this on LTBTC podcast). So, I may not see LTC as being successful the way we know it to be, but I do think it might still take off once this bear market ends...

Only marketcap that will be higher is bitshares.. ripple is a scam imo so top 3 will be btc bitshares and ltc

LTC never let me down in past year and little more. I can always count on him.
Reason is simple you can always count this when btc is falling ltc is falling and other way around.

So for me LTC is prime for market and he never let me down.

For bishares there is promising future so i will keep my eye on it.

[johny08]

the price of ltc is heading down to $1.5, because mining getting more and more cheaper. Thats the fate of all Asics currencies. I estimate $2.5 in dec14 and $1.5 in april/june15.

[devphp]

the price of ltc is heading down to $1.5, because mining getting more and more cheaper. Thats the fate of all Asics currencies. I estimate $2.5 in dec14 and $1.5 in april/june15.

The price of LTC heading south has nothing to do with the cost of mining. Same as any other coin. The price depends on demand only.

[o0‡0o]

the price of ltc is heading down to $1.5, because mining getting more and more cheaper. Thats the fate of all Asics currencies. I estimate $2.5 in dec14 and $1.5 in april/june15.

The price of LTC heading south has nothing to do with the cost of mining. Same as any other coin. The price depends on demand only.

If you are paying hundreds or even thousands of percent above production cost on a new product you getting ripped off, no ifs no buts.

[devphp]

If you are paying hundreds or even thousands of percent above production cost on a new product you getting ripped off, no ifs no buts.

It costs a cent or two to produce a $100 or 500-euro bank note. Now calculate how much percent that bank note is over production cost. Demand is the keyword.

[o0‡0o]

If you are paying hundreds or even thousands of percent above production cost on a new product you getting ripped off, no ifs no buts.

It costs a cent or two to produce a $100 or 500-euro bank note. Now calculate how much percent that bank note is over production cost. Demand is the keyword.

Hmm, i wonder why you in crypto and talk about the worthless fiat
 

[devphp]

Hmm, i wonder why you in crypto and talk about the worthless fiat

Fiat is not worthless literally while you can still buy something with it and while the cost to produce fiat is below its purchasing power. The laws of supply and demand, and price discovery coming out of those work the same, be it fiat, crypto or commodity based money.

[Balls]

Hmm, i wonder why you in crypto and talk about the worthless fiat

Fiat is not worthless literally while you can still buy something with it and while the cost to produce fiat is below its purchasing power. The laws of supply and demand, and price discovery coming out of those work the same, be it fiat, crypto or commodity based money.

Both fiat and Litecoin are only worth something because people believe they are worth something. Clearly both are of worth, but that could both change in the future.

[devphp]

Both fiat and Litecoin are only worth something because people believe they are worth something. Clearly both are of worth, but that could both change in the future.

You can say that about anything that doesn't have intrinsic value (something that can be used for its own properties), including Bitcoin. Demand drives price, not the cost of mining. That's the point I make here.

[Oscilson]

Both fiat and Litecoin are only worth something because people believe they are worth something. Clearly both are of worth, but that could both change in the future.

You can say that about anything that doesn't have intrinsic value (something that can be used for its own properties), including Bitcoin. Demand drives price, not the cost of mining. That's the point I make here.

The usefulness is most important.

[azguard]

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

[Oscilson]

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

We need a payment platform.

[07Ghost]

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

Why do you think that???

[Purple Wayne]

Litecoin is far from dead. It's price has been pretty stable and is still worth much more than most of the other alts.

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

If they were going to do that they probably would've released the info already. Shops start with their Christmas mode late Oct or early Nov.

[sq]

Litecoin is far from dead. It's price has been pretty stable and is still worth much more than most of the other alts.

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

If they were going to do that they probably would've released the info already. Shops start with their Christmas mode late Oct or early Nov.

yep i agree...

[azguard]

Litecoin is far from dead. It's price has been pretty stable and is still worth much more than most of the other alts.

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

If they were going to do that they probably would've released the info already. Shops start with their Christmas mode late Oct or early Nov.

yep i agree...

I hope so last year this was i first signal for pumping up the price.
I sure hope to happen again

[MrBig]

Litecoin is far from dead. It's price has been pretty stable and is still worth much more than most of the other alts.

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

If they were going to do that they probably would've released the info already. Shops start with their Christmas mode late Oct or early Nov.

yep i agree...

I hope so last year this was i first signal for pumping up the price.
I sure hope to happen again

The price got pumped up last year because of bots and Chinese buying BTC.

[CryptoCarmen]

Rest in peace baby.

[BootstrapCoinDev]

Litecoin is far from dead. It's price has been pretty stable and is still worth much more than most of the other alts.

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

If they were going to do that they probably would've released the info already. Shops start with their Christmas mode late Oct or early Nov.

yep i agree...

I hope so last year this was i first signal for pumping up the price.
I sure hope to happen again

The price got pumped up last year because of bots and Chinese buying BTC.

The price has been pumped because of market forces in work. Yes, there are a lots who want Litecoin millionaires to be tracked down and held hostage at gunpoint for their private keys.
That way they can get rich... I mean... that way Litecoin can be adopted by the masses. Yes, LTC does not offer more functions than any other alts but for other coins, they are still too new, and too small market capitalization. When your employer pay you salary, do not want other people to associate the payment to you. BTC and LTC can have the association. For example, Fibre or even XMR does not have that, so you have more privacy.