Whats up with LTC?

[smoothie]

LTC is too big to fail.  Some rich guy will probably come in last minute and buy up the sell whales.

 umm. . . it already failed dude

~CfA~

Based on what metrics?

Did the security of LTC fail?

Did the blockchain fork?

Oh wait you are purely looking at the price of LTC in terms of BTC or USD.

Litecoin and the protocol it uses does not care what its price is.

[darkota]

LTC is too big to fail.  Some rich guy will probably come in last minute and buy up the sell whales.

 umm. . . it already failed dude

~CfA~

Based on what metrics?

Did the security of LTC fail?

Did the blockchain fork?

Oh wait you are purely looking at the price of LTC in terms of BTC or USD.

Litecoin and the protocol it uses does not care what its price is.

You have to be the most ignorant person Ive seen here on this forum, Dogecoins security didnt/wont fail simply because it's derived from Bitcoin, just like Litecoin and 10000000x other Bitcoins clones are.

How about these questions instead, I'll even answer them for you.

Does Litecoin have any adoption at all from major companies? No

Does Litecoin have a large and supportive community? No, litecointalk.org is practically dead with hardly any posts being made, Dogecoin's community puts Litecoin's to shame.

Does Litecoin have any worthy features at all? No, Litecoin offers nothing that Bitcoin doesn't, making Litecoin obselete

Does Litecoin have first mover status? No, because namecoin was the first alt-coin to be made, and there were dozens of alt-coins that were made before Litecoin.

Is Litecoin dead/just another shit alt-coin? Yes.

[Godye Sclaro X9]

It seems to me that one of the whales who holds lots of ltc needs to do some PR on it in order to boost the market. Sponsoring a sports team might be a good idea.

Thing is....all those whales who held LTC already dumped it/cashed out. All that's left is LTC bagholders, and you guys are gonna realize that only when it's too late..

That should result in better distribution. Because the coins that were once in the hands of a few are now in the hands of many. A lot of BTC whales sold their coins back in 2011/2012/2013 too.

[mczarnek]

I think it was ASIC's that really did it for me, I figured that Litecoin had potential as being ASIC resistant due to it being memory hard.. and while it probably still does and I'm not sure if ASICs totally kill off graphics cards.. but I just kind of don't see the point.  What does Litecoin have going for it that BTC doesn't?

Proof of Stake.. that's where the next big thing and direct Bitcoin competitor will come from.  I'm mostly in Nxt as the algorithm behind it is genuis.  They've fixed the 'Nothing At Stake' problem by using an algorithm different from Peercoin, and no centralized checkpoints unlike Peercoin where a developer could overwrite Peercoin 'minters' blockchain just by manipulating his checkpoint.

[CoinsCoinsEverywhere]

What can Litecoin do that Darkcoin can't?

Trick question they both can't do anything BTC can't.

I see confirmation time as one of the big drawbacks of BTC.  I don't want to wait 30-ish minutes for 3 confirmations.  That's too long when other forms of payment can be processed in seconds.

[CoinsCoinsEverywhere]

It seems to me that one of the whales who holds lots of ltc needs to do some PR on it in order to boost the market. Sponsoring a sports team might be a good idea.

Thing is....all those whales who held LTC already dumped it/cashed out. All that's left is LTC bagholders, and you guys are gonna realize that only when it's too late..

That should result in better distribution. Because the coins that were once in the hands of a few are now in the hands of many. A lot of BTC whales sold their coins back in 2011/2012/2013 too.

That may be, but better distribution won't revive it.  You need people that have a large stake--people with money, influence, and a lot to lose if the coin fails.  Your average Joe with 10 LTC can't get the community to rally.  You need someone big.

[lucky88888]

so why not go for even faster speeds if that is what you wanted, there is plenty out there that will out do ltc in speed and security wise.
LTC is worthless without pumps.

Pump is the only way for it to go up in price, not the technology, now that just sounds silly.

What can Litecoin do that Darkcoin can't?

Trick question they both can't do anything BTC can't.

I see confirmation time as one of the big drawbacks of BTC.  I don't want to wait 30-ish minutes for 3 confirmations.  That's too long when other forms of payment can be processed in seconds.

edit:Another thing is that almost all new guys coming into the crypto revolution will do research upon investing big $$. what will happen is that they will see that ltc is getting old and its not providing new innovation and other competitions are rising. what is the logical way to invest?

In fact i would say most new guys would not invest in LTC. thats why you end up with price that is dropping and dropping because of bag holders loosing interest and jumping on new innovations.

seriously LTC is exactly like myspace before Facebook comes online!

[carpetbagger]

We are Nxt!
Trade on DGex First NXT Exchange!
Donate Nxt:
Trade on Bter Biggest NXT Exchange!
Trade Nxt on Cryptsy!

LTC has something none of you shaltcoin pumpers have - volume.

[Borsht]

LTC will surpass BTC in the same way that Mark Sanchez will surpass Peyton Manning

yeah ltc will be bigger than btc when a team looses the superbowl in the first play of the game. oh, wait. um...

[Aricoin_Mike]

We are Nxt!
Trade on DGex First NXT Exchange!
Donate Nxt:
Trade on Bter Biggest NXT Exchange!
Trade Nxt on Cryptsy!

LTC has something none of you shaltcoin pumpers have - volume.

LTC has something none of you shaltcoin pumpers have - volume.
[/quote]

That is why I love Litecoin. Volume and coins are well spread!

[darkota]

We are Nxt!
Trade on DGex First NXT Exchange!
Donate Nxt:
Trade on Bter Biggest NXT Exchange!
Trade Nxt on Cryptsy!

LTC has something none of you shaltcoin pumpers have - volume.

LTC has something none of you shaltcoin pumpers have - volume.

That is why I love Litecoin. Volume and coins are well spread!

Yea, have you ever been to Mintpal? There's about 9 buy orders and 90 sell orders, I can count the buy orders on both hands. It's really well spread (sarcasm)

[carpetbagger]

lol darkota trades on mintpal.

[anderl]

We are Nxt!
Trade on DGex First NXT Exchange!
Donate Nxt:
Trade on Bter Biggest NXT Exchange!
Trade Nxt on Cryptsy!

LTC has something none of you shaltcoin pumpers have - volume.

LTC has something none of you shaltcoin pumpers have - volume.

That is why I love Litecoin. Volume and coins are well spread!
[/quote]

That is called liquidity.

This bubble chart shows all cryptocoins and their total trading volume summarized of all exchanges for the last 24 hours on it. The volume is denominated in BTC. Other second currencies like USD, EUR and LTC are getting calculated back to BTC to show the right data.

[carpetbagger]

True that. Who cares if you can make 900% if there is only the liquidity to sell 0.1 btc worth? No serious money cares about that.

[Mikez]

I hope LTC's price in compared to BTC will recover, as I invested some money in it a long time ago. Ever since I could count the number of altcoins out there on the fingers of a couple of hands.
This is just a temporary phase. As someone pointed out above, unfortunately, I too sense that the LTC devs are sorta complacent though. Just my two litecents .

[anderl]

Ever since I could count the number of altcoins out there on the fingers of a couple of hands.
This is just a temporary phase. As someone pointed out above, unfortunately, I too sense that the LTC devs are sorta complacent though. Just my two litecents .

Yeah I remember when I could count the number of alt coins out there.  But that's a long time ago.


As far as LTC development, there are a few proposals going around.  There might be a few enhancements going in hopefully by the end of the year.

[bitwho]

I posted on Dakotas thread but he delete it. i dont feel like repeating myself.

short version: Be a man and open a post and tell us why your "support" of the coin you want is worth it, not open a thread and take a shot at other coins and hope people will come running to yours.

   
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So a coin that jumped from change into $40 a coin its dying because its adjusting itself....


I hate it when FUDster come here spamming.


Please. the number of litecoin user are tremenderous big.



what would happen if all of the sudden litecoin goes annon, pos , POT and what ever your silly coins are using to trick you that will be the ticket to your moon?


imagine the hype pump a community like litecoin will deliver?


yeah... keep taking cheap shots at better community, because they will definitely come running to your silly coin /s

[darkota]

Darkcoin will take Litecoin's spot as #2.

Litecoin devs arent going to implement anything. Stop hoping.

[bitwho]

Darkcoin coins distribution range from http://bitinfocharts.com/top-100-richest-darkcoin-addresses.html

Code:

Balance	          Addresses
0 - 0.0001	               1013
0.001 - 0.01	       2686
0.01 - 0.1	     7651
0.1 - 1	         4512
10-Jan	     5579
10 - 100	    4248
100 - 1,000	   1513
1,000 - 10,000      	927
10,000 - 100,000	     49
100,000 - 1,000,000  	            3

Litecoin distribution range from http://bitinfocharts.com/top-100-richest-litecoin-addresses.html

Code:

Balance	                  Addresses
0 - 0.0001       	            14663
0.001 - 0.01	    27463
0.01 - 0.1	           108334
0.1 - 1	 64078
10-Jan	             96311
10 - 100	          59865
100 - 1,000            14553
1,000 - 10,000	              2252
10,000 - 100,000	       281
100,000 - 1,000,000	        24
1,000,000 - 10,000,000	2

yeah. Again i am not here to bash darkcoin. All coins have investors and i do not wish any harm to any coins community!. But its silly watching users here trying to take advantage of a slipping market of a coin by make it seems like your trying to advise people. Seriously. think you coin is better. make a topic about it. stop taking cheap shots. No one falls for it.

plus when one coin loses we all lose. especially a coin with market as big as litecoin. We need all the top coin to be healthy and push cryptoworld for mainstream.

its silly to think one coin only. If you are thirsty you have option to drink water, refreshments or alcohol. Don't you all understand that people will always look for other choices.

Darkcoin is fighting to be the top coin for annon market , litecoin is not fighting you for it. NXt is a new algo with "pure" pos , litecoin is not fighting you for the #1 POS. So why the cheap shots? i only see jealousy in these post and they all seem to be pointless.

[Aricoin_Mike]

Darkcoin will take Litecoin's spot as #2.

Litecoin devs arent going to implement anything. Stop hoping.

Sorry, but I do not believe that. I think Litecoin will recover.