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Author Topic: Litecoin. following bitcoin's footsteps??  (Read 1365 times)
alnoor1231
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June 25, 2014, 10:52:10 PM
 #1

"BEWARE! The asics are coming! The asics are coming!"

Do you all recall? These were the cries of people in the days of old when bitcoin was in its infancy. They said that as asics came online, bitcoin would lose all of its value. However, this obviously wasn't the case. The opposite happened and bitcoin soared. The reason for this, as some may speculate, was that as the asic machines came online and began dominating the mining game, two things happened.

1. Bitcoins became harder to mine and the network gained security.
2. The machines themselves were "New money" poured into the bitcoin ecosystem since the hardware itself cost tons of $$.

So now, the same shit is happening with Litecoin. Asics promising Mh/s in the triple digits are hitting the markets and people cry out "Lo and behold! ASIC APOCALYPSE!", etc.. Now, is history repeating itself? Are we seeing the beginning of a Litecoin revolution? You tell me.

Thoughts? Opinions? Feel free to post below.

-Al
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darkota
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June 25, 2014, 11:23:21 PM
 #2

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

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rikkejohn
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June 25, 2014, 11:27:05 PM
 #3

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Oh dear God

1PkwpyTLo5TfagzCPgjdvQFNVzuEyHViGt
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June 25, 2014, 11:29:50 PM
 #4

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

nah more like dogecoin is dying and Litecoin is doing just fine.

Bitcoin and Litecoin hodler
alnoor1231
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June 25, 2014, 11:42:32 PM
 #5

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...
darkota
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June 25, 2014, 11:45:25 PM
 #6

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

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alnoor1231
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June 25, 2014, 11:58:15 PM
 #7

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

Darkcoin is an insta-mined, over hyped, pump and dump scheme. Sure, the prices are almost the same (with Litecoin leading by a few cents), but how long do you think that will last? Don't get me wrong. I like the idea of Darkcoin, anonymity and such, however, it has wayy too many red flags for investors to be excited about it. For example, the issues the dev team with the masternodes. They hard forked and still couldn't get it right...
So, if Darkcoin is your alternative suggestion, I'm gonna have to stick with Litecoin.
darkota
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June 26, 2014, 12:00:12 AM
 #8

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

Darkcoin is an insta-mined, over hyped, pump and dump scheme. Sure, the prices are almost the same (with Litecoin leading by a few cents), but how long do you think that will last? Don't get me wrong. I like the idea of Darkcoin, anonymity and such, however, it has wayy too many red flags for investors to be excited about it. For example, the issues the dev team with the masternodes. They hard forked and still couldn't get it right...
So, if Darkcoin is your alternative suggestion, I'm gonna have to stick with Litecoin.

I agree with insta-mined, over hyped etc.

But to be honest, Darkcoin with it's instamine and etc shows more potential than Litecoin.

Litecoin has had No features added to it since it started running over 2 years ago, it has had hardly any adoptance by small stores and No adoptance by major stores/companies. It also does not have first mover status like Bitcoin as there were many alt coins made before Litecoin..

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freenxt.org
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June 26, 2014, 12:02:24 AM
 #9

They said that as asics came online, bitcoin would lose all of its value. However, this obviously wasn't the case. The opposite happened and bitcoin soared. The reason for this, as some may speculate, was that as the asic machines came

Not to mention that Bitcoin obviously has a problem, with 50% attacking problems and the Ghas pool.

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alnoor1231
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June 26, 2014, 12:37:35 AM
 #10

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

Darkcoin is an insta-mined, over hyped, pump and dump scheme. Sure, the prices are almost the same (with Litecoin leading by a few cents), but how long do you think that will last? Don't get me wrong. I like the idea of Darkcoin, anonymity and such, however, it has wayy too many red flags for investors to be excited about it. For example, the issues the dev team with the masternodes. They hard forked and still couldn't get it right...
So, if Darkcoin is your alternative suggestion, I'm gonna have to stick with Litecoin.

I agree with insta-mined, over hyped etc.

But to be honest, Darkcoin with it's instamine and etc shows more potential than Litecoin.

Litecoin has had No features added to it since it started running over 2 years ago, it has had hardly any adoptance by small stores and No adoptance by major stores/companies. It also does not have first mover status like Bitcoin as there were many alt coins made before Litecoin..

True, but when you really think about it, what has bitcoin done? Bitcoin hasn't had any major changes or features added to it. Also, to which altcoins are you referring to? Any alts that came before Litecoin are insignificant today. The fact remains that crypto has yet to see major adoption and that Litecoin does have first mover advantages due to its trade volume, second only to bitcoin. This is a big deal IMHO.
darkota
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June 26, 2014, 12:41:15 AM
 #11

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

Darkcoin is an insta-mined, over hyped, pump and dump scheme. Sure, the prices are almost the same (with Litecoin leading by a few cents), but how long do you think that will last? Don't get me wrong. I like the idea of Darkcoin, anonymity and such, however, it has wayy too many red flags for investors to be excited about it. For example, the issues the dev team with the masternodes. They hard forked and still couldn't get it right...
So, if Darkcoin is your alternative suggestion, I'm gonna have to stick with Litecoin.

I agree with insta-mined, over hyped etc.

But to be honest, Darkcoin with it's instamine and etc shows more potential than Litecoin.

Litecoin has had No features added to it since it started running over 2 years ago, it has had hardly any adoptance by small stores and No adoptance by major stores/companies. It also does not have first mover status like Bitcoin as there were many alt coins made before Litecoin..

True, but when you really think about it, what has bitcoin done? Bitcoin hasn't had any major changes or features added to it. Also, to which altcoins are you referring to? Any alts that came before Litecoin are insignificant today. The fact remains that crypto has yet to see major adoption and that Litecoin does have first mover advantages due to its trade volume, second only to bitcoin. This is a big deal IMHO.

Bitcoin has a HUGE first mover status. It is the first and most successfull cryptocurrency..because it's the first. It's had a huge head start on marketing, promotion, and adoptance than any other alt coin out there, which is why it's the most succesfull and the undisputed king of cryptos.

Litecoin has no such first mover status, as there were alt coins made before Litecoin. It also lacks innovation and a dedicated dev team which is Needed for a altcoin to be successful. I'm sorry but Litecoin is as good as dead.

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kelsey
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June 26, 2014, 12:48:37 AM
 #12

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

Darkcoin is an insta-mined, over hyped, pump and dump scheme. Sure, the prices are almost the same (with Litecoin leading by a few cents), but how long do you think that will last? Don't get me wrong. I like the idea of Darkcoin, anonymity and such, however, it has wayy too many red flags for investors to be excited about it. For example, the issues the dev team with the masternodes. They hard forked and still couldn't get it right...
So, if Darkcoin is your alternative suggestion, I'm gonna have to stick with Litecoin.

I agree with insta-mined, over hyped etc.

But to be honest, Darkcoin with it's instamine and etc shows more potential than Litecoin.

Litecoin has had No features added to it since it started running over 2 years ago, it has had hardly any adoptance by small stores and No adoptance by major stores/companies. It also does not have first mover status like Bitcoin as there were many alt coins made before Litecoin..

True, but when you really think about it, what has bitcoin done? Bitcoin hasn't had any major changes or features added to it. Also, to which altcoins are you referring to? Any alts that came before Litecoin are insignificant today. The fact remains that crypto has yet to see major adoption and that Litecoin does have first mover advantages due to its trade volume, second only to bitcoin. This is a big deal IMHO.

Bitcoin has a HUGE first mover status. It is the first and most successfull cryptocurrency..because it's the first. It's had a huge head start on marketing, promotion, and adoptance than any other alt coin out there, which is why it's the most succesfull and the undisputed king of cryptos.

Litecoin has no such first mover status, as there were alt coins made before Litecoin. It also lacks innovation and a dedicated dev team which is Needed for a altcoin to be successful. I'm sorry but Litecoin is as good as dead.

Yeap and myspace has a huge lead on facebook  Roll Eyes.

Litecoin kept what was great about bitcoin (not this bs innovation for innovation sake, with no real innovation like the latest waves of alts) and improved on where other alts before it had failed.....whats not too like.


darkota
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June 26, 2014, 12:54:20 AM
 #13

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

Darkcoin is an insta-mined, over hyped, pump and dump scheme. Sure, the prices are almost the same (with Litecoin leading by a few cents), but how long do you think that will last? Don't get me wrong. I like the idea of Darkcoin, anonymity and such, however, it has wayy too many red flags for investors to be excited about it. For example, the issues the dev team with the masternodes. They hard forked and still couldn't get it right...
So, if Darkcoin is your alternative suggestion, I'm gonna have to stick with Litecoin.

I agree with insta-mined, over hyped etc.

But to be honest, Darkcoin with it's instamine and etc shows more potential than Litecoin.

Litecoin has had No features added to it since it started running over 2 years ago, it has had hardly any adoptance by small stores and No adoptance by major stores/companies. It also does not have first mover status like Bitcoin as there were many alt coins made before Litecoin..

True, but when you really think about it, what has bitcoin done? Bitcoin hasn't had any major changes or features added to it. Also, to which altcoins are you referring to? Any alts that came before Litecoin are insignificant today. The fact remains that crypto has yet to see major adoption and that Litecoin does have first mover advantages due to its trade volume, second only to bitcoin. This is a big deal IMHO.

Bitcoin has a HUGE first mover status. It is the first and most successfull cryptocurrency..because it's the first. It's had a huge head start on marketing, promotion, and adoptance than any other alt coin out there, which is why it's the most succesfull and the undisputed king of cryptos.

Litecoin has no such first mover status, as there were alt coins made before Litecoin. It also lacks innovation and a dedicated dev team which is Needed for a altcoin to be successful. I'm sorry but Litecoin is as good as dead.

Yeap and myspace has a huge lead on facebook  Roll Eyes.

Litecoin kept what was great about bitcoin (not this bs innovation for innovation sake, with no real innovation like the latest waves of alts) and improved on where other alts before it had failed.....whats not too like.




I don't know why I even bother responding to this, but Litecoin has not improved on Bitcoin where other alts failed. What has Litecoin improved upon that hundreds of other alt coins haven't? Exactly..the only "improvement" Litecoin had was being ASIC resistant, now that's thrown out the window with the scrypt ASIC's that are out. Litecoin lacks adoptance, innovation, and a dedicated dev team aka it's a dead cryptocurrency...

EDIT: And Please stop comparing cryptocurrencies to Myspace and Facebook, they can't be compared..

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kelsey
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June 26, 2014, 01:09:56 AM
 #14

Litecoin was never made to be asics resistant, only reason it went scrypt was so at the time it didn't compete with bitcoin miners for hash, at the time you needed to get hash behind your coin for security of the network for your coin to succeed.
Coming of asic for litecoin is a huge positive for litecoin, now there will never be a lack of hash behind it.


lol I think you'll find pretty much the best team in cryptos behind litecoin, and its continued success attracts the best in the field.
alnoor1231
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June 26, 2014, 01:14:10 AM
 #15

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

Darkcoin is an insta-mined, over hyped, pump and dump scheme. Sure, the prices are almost the same (with Litecoin leading by a few cents), but how long do you think that will last? Don't get me wrong. I like the idea of Darkcoin, anonymity and such, however, it has wayy too many red flags for investors to be excited about it. For example, the issues the dev team with the masternodes. They hard forked and still couldn't get it right...
So, if Darkcoin is your alternative suggestion, I'm gonna have to stick with Litecoin.

I agree with insta-mined, over hyped etc.

But to be honest, Darkcoin with it's instamine and etc shows more potential than Litecoin.

Litecoin has had No features added to it since it started running over 2 years ago, it has had hardly any adoptance by small stores and No adoptance by major stores/companies. It also does not have first mover status like Bitcoin as there were many alt coins made before Litecoin..

True, but when you really think about it, what has bitcoin done? Bitcoin hasn't had any major changes or features added to it. Also, to which altcoins are you referring to? Any alts that came before Litecoin are insignificant today. The fact remains that crypto has yet to see major adoption and that Litecoin does have first mover advantages due to its trade volume, second only to bitcoin. This is a big deal IMHO.

Bitcoin has a HUGE first mover status. It is the first and most successfull cryptocurrency..because it's the first. It's had a huge head start on marketing, promotion, and adoptance than any other alt coin out there, which is why it's the most succesfull and the undisputed king of cryptos.

Litecoin has no such first mover status, as there were alt coins made before Litecoin. It also lacks innovation and a dedicated dev team which is Needed for a altcoin to be successful. I'm sorry but Litecoin is as good as dead.

Yeap and myspace has a huge lead on facebook  Roll Eyes.

Litecoin kept what was great about bitcoin (not this bs innovation for innovation sake, with no real innovation like the latest waves of alts) and improved on where other alts before it had failed.....whats not too like.




I don't know why I even bother responding to this, but Litecoin has not improved on Bitcoin where other alts failed. What has Litecoin improved upon that hundreds of other alt coins haven't? Exactly..the only "improvement" Litecoin had was being ASIC resistant, now that's thrown out the window with the scrypt ASIC's that are out. Litecoin lacks adoptance, innovation, and a dedicated dev team aka it's a dead cryptocurrency...

EDIT: And Please stop comparing cryptocurrencies to Myspace and Facebook, they can't be compared..

You still haven't answered my question. To which alts were you referring to? Also, asic resistance doesn't necessarily translate into success, the dev team for Litecoin is stellar, and Litecoin has already been adopted by tons of places.
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June 26, 2014, 01:22:36 AM
 #16

EDIT: And Please stop comparing cryptocurrencies to Myspace and Facebook, they can't be compared..

Oh yeah I almost forgot, you're an expert on this lol

https://bitcointalk.org/index.php?topic=664480.msg7498762#msg7498762

Thats a classic, preserved for all time as one of the dumbest posts ever on btt...still has me in stitches.
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June 26, 2014, 01:23:46 AM
 #17

EDIT: And Please stop comparing cryptocurrencies to Myspace and Facebook, they can't be compared..

Oh yeah I almost forgot, you're an expert on this lol

https://bitcointalk.org/index.php?topic=664480.msg7498762#msg7498762

Thats a classic, preserved for all time as one of the dumbest posts ever on btt...still has me in stitches.

Seriously? Facebook is optional if you want to give out your privacy. Bitcoin is not optional as everything is recorded in the blockchain for all time.

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June 26, 2014, 01:30:06 AM
 #18

EDIT: And Please stop comparing cryptocurrencies to Myspace and Facebook, they can't be compared..

Oh yeah I almost forgot, you're an expert on this lol

https://bitcointalk.org/index.php?topic=664480.msg7498762#msg7498762

Thats a classic, preserved for all time as one of the dumbest posts ever on btt...still has me in stitches.

Seriously? Facebook is optional if you want to give out your privacy. Bitcoin is not optional as everything is recorded in the blockchain for all time.


Come on you're just fuckin with us  Huh
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June 26, 2014, 01:55:52 AM
 #19

Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..



Follow me on twitter https://twitter.com/TheRealMage for Litecoin and Litecoin Association news!
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June 26, 2014, 02:17:00 AM
 #20


Ignore DARKOTA he is a troll who PUMPS and DUMPS - Look at his original thread here:

https://bitcointalk.org/index.php?topic=658541.100

Then look here:

 https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/page-5

Troll on indeed:

http://coinmap.org/
www.uselitecoin.com

This thread is starting to show the true TROLL: I have been PM'ing everyone in this thread, some have even joined the Litecoin Talk forum because of this troll so i actually think its ok his lies - everyone is being PM'd this:

'Litecoin is dead'

Look at the original thread - he has deleted more than 40 posts from people supporting Litecoin, he is a troll who pumps and dumps

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