immortal4now
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Activity: 612
Merit: 102
Chromia - Relational Blockchain
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July 11, 2014, 08:38:35 AM |
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No need to panic I believe, with ASICs increasing difficulty there will be more sellers driving price down because the ASICs are so overpriced most want get their ASICs investment back as soon as possible. But as the ASICs get cheaper, the LTC price might stabilize
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Saigonsmokes
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July 11, 2014, 01:57:43 PM |
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Anyone who believes Litecoin will hold it's #2 position is deluded.
In real life, silver has properties that make it valuable, and which gold does not have.
Litecoin has Nothing that makes it valuable over Bitcoin, every feature litecoin has, Bitcoin has, so there is no point in Litecoin even existing anymore. It's just taking up unwanted space held by it's bagholders, they're only going to realize their bagholders once the price dives below $5 and never goes back up.
Ignore DARKOTA he is a troll who PUMPS and DUMPS - Look at his original thread here: https://bitcointalk.org/index.php?topic=658541.100Then look here: https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/page-5Troll on indeed: http://coinmap.org/www.uselitecoin.comThis 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 100 posts from people supporting Litecoin, he is a troll who pumps and dumps https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/ |
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Baitty
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July 14, 2014, 09:38:44 PM |
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These things happen from time to time with every single coin. Look at the history of Bitcoin and also LTC has done this in the past and recovered. Don't listen to the trolls LTC is probably one of the better alt coins and one of the first I think.
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Currently held as collateral by monbux
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AT101ET
Legendary
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Activity: 3080
Merit: 1348
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July 14, 2014, 10:03:05 PM |
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Nothing is up with it. It's just following the same pattern that BTC took as it grew. It is maturing nicely, just has a few hurdles to get over. The only thing that's up with LTC is the moon  (couldn't resist). |
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rikkejohn
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July 14, 2014, 10:44:18 PM |
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Anyone who believes Litecoin will hold it's #2 position is deluded.
In real life, silver has properties that make it valuable, and which gold does not have.
Litecoin has Nothing that makes it valuable over Bitcoin, every feature litecoin has, Bitcoin has, so there is no point in Litecoin even existing anymore. It's just taking up unwanted space held by it's bagholders, they're only going to realize their bagholders once the price dives below $5 and never goes back up.
Ignore DARKOTA he is a troll who PUMPS and DUMPS - Look at his original thread here: https://bitcointalk.org/index.php?topic=658541.100Then look here: https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/page-5Troll on indeed: http://coinmap.org/www.uselitecoin.comThis 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 100 posts from people supporting Litecoin, he is a troll who pumps and dumps https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/He is a sad individual indeed, and after viewing him on that video, I kind of get why he is twisted. Life didn't give him a great hand of cards, so Trolling is his only outlet. He's deleted about 40 of my posts from his silly thread. Admittedly, most were reposts of the last post he deleted. Strange little guy. |
1PkwpyTLo5TfagzCPgjdvQFNVzuEyHViGt
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EternalWingsofGod
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July 15, 2014, 02:49:58 AM |
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Nothing is up with it. It's just following the same pattern that BTC took as it grew. It is maturing nicely, just has a few hurdles to get over. The only thing that's up with LTC is the moon (couldn't resist). Someday it will be the coin of walmart Bitcoin the coin of gold  |
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juicyjuice87
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August 12, 2014, 09:58:24 AM |
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Ltc was a sitting duck for some time now. At least it went out quick and fairly painless. Only a few stupid n00bs holding now
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Shattered
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August 13, 2014, 02:14:30 AM |
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Ltc was a sitting duck for some time now. At least it went out quick and fairly painless. Only a few stupid n00bs holding now
Pretty crazy how much it has lost in the last 60 days... I guess you were right about it being a sitting duck. Failing straight outta the sky now, with no parachute |
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virtfund
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August 13, 2014, 02:46:00 AM |
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As I see it, ltc needs to prove that it has a reason to stay around. If it doesn't, it will die. If it does. it could go to the moon.
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virtfund
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August 13, 2014, 02:52:37 AM |
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As I see it, ltc has to find a reason to stay around. If it doesn't, it will die. If it does, maybe it hits the moon.
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TaunSew
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August 13, 2014, 02:54:12 AM |
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Wasn't LTC predominately held by people in East Asia?
If they're all dumping LTC then where's the money going? Practically every alternate is doing down at the moment.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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hodap
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August 13, 2014, 03:31:40 AM |
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Cost of scrypt ASIC miners keep going down. It is expected to keep going down till December.
If there is no demand and no usage, you can expect the price to keep going down till year end.
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Cluster2k
Legendary
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Activity: 1692
Merit: 1018
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August 13, 2014, 04:42:59 AM |
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I converted my litecoins to bitcoins while they were still worth something decent. The way I see it is that litecoin has a much higher chance of being worth zero than bitcoin. Going by mainstream media, hardly a week goes by without bitcoin being mentioned in newspapers, radio and TV broadcasts. I have heard dogecoin being mentioned a couple of times (primarily before the winter olympics) but litecoin? Never. It's a geeky plaything that had first mover advantage in altcoins.
While we maintain an active interest in bitcoin and altcoins, it's the general public who must adopt them and pump their private money into cryptocurrencies for them to keep increasing in value.
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zolace
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August 13, 2014, 05:04:40 AM |
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Strength, security and usability are the only features that matter at the protocol and network level. Litecoin has demonstrated both strength and security. Just needs to improve ease of use.
Anything else is just window dressing. Third party developers will solve a lot of the issues.
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juicyjuice87
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August 13, 2014, 07:20:01 AM |
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There is no hope left people. Sell your LTC ASAP
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CoinsCoinsEverywhere
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August 14, 2014, 06:36:39 AM |
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There is no hope left people. Sell your LTC ASAP
There's always hope. But someone big needs to champion the LTC cause. Otherwise, you may be right. |
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AT101ET
Legendary
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Activity: 3080
Merit: 1348
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August 14, 2014, 06:43:52 AM |
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Admit it, at this stage you just have to laugh at all the FUD.
Those who are scared, sell your LTC now.But do so at your own loss!
Your LTC will be snatched up straight away. People have belief in it.
When it reaches the moon, don't try selling your story to a paper. - We told you so...
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devphp
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August 14, 2014, 06:45:45 AM |
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As I see it, ltc has to find a reason to stay around. If it doesn't, it will die. If it does, maybe it hits the moon.
The reason is the economy built on top of the crypto. Most crypto 1.0 are not suited for that, they are only money transfer tools, nothing else. Bitcoin has a first mover advantage, that's why it has somewhat more of this economy already built than others. Only crypto 2.0 technologies truely allow to build natural economy, because they are/were designed from ground up for that. Economy = use cases for a crypto. One use case (money transfer and saving mechanism) is kind of covered by Bitcoin already, there is no use case for Litecoin. |
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EternalWingsofGod
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August 14, 2014, 07:27:12 AM |
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As I see it, ltc has to find a reason to stay around. If it doesn't, it will die. If it does, maybe it hits the moon.
The reason is the economy built on top of the crypto. Most crypto 1.0 are not suited for that, they are only money transfer tools, nothing else. Bitcoin has a first mover advantage, that's why it has somewhat more of this economy already built than others. Only crypto 2.0 technologies truely allow to build natural economy, because they are/were designed from ground up for that. Economy = use cases for a crypto. One use case (money transfer and saving mechanism) is kind of covered by Bitcoin already, there is no use case for Litecoin. That said it takes time for 2.0 to release so their is hope for these 1.0 coins to evolve and keep pace with newer emerging coins Nothing remains static but it is still going to be a challenge for Litecoin. |
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devphp
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August 14, 2014, 07:44:20 AM |
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That said it takes time for 2.0 to release so their is hope for these 1.0 coins to evolve and keep pace with newer emerging coins
Nothing remains static but it is still going to be a challenge for Litecoin.
Different implementations of crypto 2.0 are already released: NXT (has been around longer than others) and its minor clones, BitsharesX, Qora, NEM (testnet at the moment), Ethereum (testnet?), some others probably (hard to follow all of them). All of them are still under heavy development, unlike crypto 1.0, which stagnate and lose market share. |
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