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Author Topic: Do you think Litecoin is dead ?  (Read 3793 times)
tao67 (OP)
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July 01, 2014, 06:58:51 AM
 #1

I just have litecoin and i begin to be very afraid... Bitcoin is going up and litecoin doesn't move.

Do you think it is the end of Litecoin, and other altcoins in general  ?
doo
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July 01, 2014, 07:13:36 AM
 #2

does not look like it. this is now the 3056th tread started with the same question, that sure is a lot of energy and time invested for something "dead" 
tao67 (OP)
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July 01, 2014, 07:16:17 AM
 #3

LTC/BTC : 0.0138. I never remember to have seen such a low rate....
Keyara
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July 01, 2014, 07:19:33 AM
 #4

Litecoin has no usage and no innovation.

It was invented to promote GPU mining, even that promise is now broken.

I do not see any reason why anyone would hold it.
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July 01, 2014, 07:20:45 AM
 #5

I don't think it's dead, but it's clearly fighting a losing battle when it comes to long term survivability. Right now Bitcoin is clearly ahead of every single other altcoins out there in terms of merchant acceptance and userbase. It has the infrastructure that no other coin has - you're far more likely to find a business willing to accept BTC then say DOGE.
tao67 (OP)
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July 01, 2014, 07:20:57 AM
 #6

I am holding Litecoin for speculation in order to have more Btc.. But I don't believe in it, I think a lot of people are in my situation.
Divinespark
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July 01, 2014, 07:23:07 AM
 #7

Not necessarily but they have their work cut out
Being Btc-lite will no longer cut. Cutting edge functionality is key. Some other alts do.

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doo
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July 01, 2014, 07:25:46 AM
 #8

All time price chart

Dont know why the difficulty stops at the beginning of the year at 3100 (end of blue line) however right now its at 14492 and climbing
devphp
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July 01, 2014, 07:35:00 AM
 #9

I just have litecoin and i begin to be very afraid... Bitcoin is going up and litecoin doesn't move.

Do you think it is the end of Litecoin, and other altcoins in general  ?

welcome here:

https://bitcointalk.org/index.php?topic=662058.0
doo
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July 01, 2014, 07:42:16 AM
 #10

You can have a look for yourself
https://bitcointalk.org/index.php?topic=661938.0

If anything is in bad shape it would be Ripple

I dont even want to know how many times this same question has been ask about bitcoin in the past
devphp
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July 01, 2014, 07:43:40 AM
 #11

You can have a look for yourself
https://bitcointalk.org/index.php?topic=661938.0

If anything is in bad shape it would be Ripple



Yeah, until Litecoin hits 0.001 it's ok.
str4wm4n
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July 01, 2014, 07:48:07 AM
 #12

I just have litecoin and i begin to be very afraid... Bitcoin is going up and litecoin doesn't move.

Do you think it is the end of Litecoin, and other altcoins in general  ?

no.
tao67 (OP)
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July 01, 2014, 07:55:17 AM
 #13

Thanks for the link, I didn't know about it.

I am just asking because I am loosing so much money. Maybe I should convert my litecoin in bitcoin as soon as possible...It seems to go down day after day..

Sydboy
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July 01, 2014, 07:56:17 AM
 #14

It is low, but not the lowest ever lol.
as others said their is no point in it. or any of the alts, except to trade and make or lose money. they serve no purpose.
smoothie
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July 01, 2014, 07:56:41 AM
 #15

Litecoin has no usage and no innovation.

It was invented to promote GPU mining, even that promise is now broken.

I do not see any reason why anyone would hold it.

lol There was no promise that GPU mining would be forever. That is stupid to claim as anything can have ASICs be developed for it if it is worth the investment into hardware development.


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devphp
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July 01, 2014, 08:04:50 AM
 #16

Thanks for the link, I didn't know about it.

I am just asking because I am loosing so much money. Maybe I should convert my litecoin in bitcoin as soon as possible...It seems to go down day after day..

You should get out of Litecoin. But Bitcoin doesn't have much upside potential.
fonzie
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July 01, 2014, 08:10:32 AM
 #17

I just have litecoin and i begin to be very afraid... Bitcoin is going up and litecoin doesn't move.

Do you think it is the end of Litecoin, and other altcoins in general  ?

Most likely yes, LTC hype is over, techology is outdated, big whales are slowly sellin their stash off, a lot of small fishes will be left back holdin the bag.
It might stabilize somewhere around 1-2$, but maybe worse.
LTC RxIxP 2014

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July 01, 2014, 08:10:53 AM
 #18

Basic physic will let you know that you must work to create something. Any active coin (hash) has value because there is financial commitment to it.
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July 01, 2014, 08:11:37 AM
 #19

I'd be pretty upset if so, I'd have lost some if it was true!

I'm not much for speculating but I predict it'll go back up in price shortly, there's a lot going on in the world and in news. Just give it a chance!

What else could I say?
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July 01, 2014, 08:16:04 AM
 #20

I'd be pretty upset if so, I'd have lost some if it was true!

I'm not much for speculating but I predict it'll go back up in price shortly, there's a lot going on in the world and in news. Just give it a chance!

NO ONE (besides crypto newssites) is reporting about Litecoin. The whole world is looking on bitcoin, and Bitcoin only. besides this there are many other alt coins with way superior technology out there. LTC is like Video2000 or Betamax. There is no need for it, it has no advantages, it has lost the battle. Get out ASAP.

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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