The end is coming.

[thedarksun]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

[MatTheCat]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.

[donguan]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.

I don`t think so, i still think it will be number 2 don`t understand why it is going so down

[Chef Ramsay]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.

Nothing besides BTC has any staying value as all the eco-crypto VC money is going into BTC peripherals. Namecoin might have some value because they have some payment thing going w/ making websites but even that's a bit murky in my memory. Furthermore, the shitcoins have been popping up like weeds for the last year and people are getting sick of the pump and dumps which is what nearly all of them are and thus have taken the wind out of the alt market imo. I still have a friend that jumps from one coin to the next hoping to make some extra BTC by playing it right but is usually left holding juju beans. There's always some cool PR video being passed around by the swindlers of these new coins and they always play-up certain alleged advantages that end up fooling the unseasoned minds.

[Wandererfromthenorth]

There are far better new altcoins than the ones you mentioned. Just because BTC-E still lists that useless junk doesn't mean that they are still worth buying.

The truth is that every single altcoin is just a Pump&Dump scheme (if you play them well there is a lot of profit to be made), whether it lasts few hours, one week, or months.

The only way an altcoin is going to avoid being a P&D (short term or long term) is by having a specific purpose as a currency that Bitcoin cannot have. A Technological feature that cannot be just patched into BTC (so people are "forced" to use that altcoin for that purpose, otherwise they would just use BTC instead and for good reasons).
True anonymity is an example, there are many others.

If it doesn't have that specific function/feature, it will just be a little ponzi scheme that will serve the purpose of advancing in cryptocurrency technology and experimentation, but useless in itself.

Cryptocurrencies investors and traders are just starting to realise the technologically fertile ground of new altcoins and that the "next bitcoin" or a complementary alternative cryptocurrency to BTC certainly will not be found in the stagnant old school alts listed on BTC-E.


LTC is useless garbage.

[Ibian]

The only alt that might have a chance of surviving long term is an anonymous one, and only if it has either practical use or is as good a store of value as bitcoin.

[Ayers]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

prays that bitcoin will not go to zero, or we are all screwed, we can only count on those big holders, hopefully they will protect their investment or their instamine call it what you want

[Wexlike]

http://coinmarketcap.com/

Almost everything in deep red.

The end of altcoins begins right here, all these twitter pumpers and average smallscale trader realize that there is no more money to make. At least bitcoin is stable compared to everything else. (thank god for that)

Without Bitcoin we all have nothing.

[Torque]

Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.

Yeah, it sucks to still be the #2 cryptocurrency.  

And is everyone forgetting that Bitcoin fell to a $4B marketcap just 3 months ago, as compared to the $7.5B market cap that it has now?  That it has almost doubled in the 3 months since?

It's easy to cry the sky is falling in a downtrend.  So easy.

[kireinaha]

http://coinmarketcap.com/

Almost everything in deep red.

The end of altcoins begins right here, all these twitter pumpers and average smallscale trader realize that there is no more money to make. At least bitcoin is stable compared to everything else. (thank god for that)

Without Bitcoin we all have nothing.

The altcoins are just representing a clearer picture of the overall sentiment for cryptocurrency right now. They're sinking like stones because most investors only put $10, $20, or $100 into them and don't have as much emotional attachment for cutting losses.

The only thing propping bitcoin up is the large sum of money invested in the coins and mining equipment. Eventually bitcoin investors will also tire, and without some incredible catalyst to propel us up again, I think bitcoin will slowly follow the same path. Now we have merchants accepting bitcoin, but nobody really cares and the only people taking advantage of it are the long time holders. The coins are then converted right back to fiat.

I hate to say it, but I think cryptocurrency has largely run it's course and will now be relegated to a niche community. The next few months are going to be very disappointing for many here.

[williamj2543]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.

Actually I think that litecoin is silver to gold as bitcoin. With its fast transaction times and low value, it is a lot better for low value micro transactions, and it's good for restaurants where you don't need to wait for it to confirm

[Wandererfromthenorth]

Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.

Yeah, it sucks to still be the #2 cryptocurrency.  

And is everyone forgetting that Bitcoin fell to a $4B marketcap just 3 months ago, as compared to the $7.5B market cap that it has now?  That it has almost doubled in the 3 months since?

It's easy to cry the sky is falling in a downtrend.  So easy.

It's number two just because it's an "historical altcoin", one of the first and has a LOT of time at its advantage compared to other alts. But as you can see things are turning around.
 It's just overbought useless crap.

And is everyone forgetting that Bitcoin fell to a $4B marketcap just 3 months ago, as compared to the $7.5B market cap that it has now?  That it has almost doubled in the 3 months since?

Can't you see that the LTC/BTC ratio is just decreasing and decreasing and it doesn't stop?
LTC price detached from BTC price completely.

[azguard]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

good to see this but market with coin is unpredicted you now all we can win and we can loose

[coinpr0n]

Merchant adoption outpacing consumer adoption - I think that accounts for Bitcoin's low price now. As for the altcoins... many will (should?) die soon enough.

[Torque]

It's number two just because it's an "historical altcoin", one of the first and has a LOT of time at its advantage compared to other alts. But as you can see things are turning around.
 It's just overbought useless crap.

Completely, utterly false statement. MANY alt coins came way before LTC. You just haven't done the research as to WHY it was able to supplant the others, and still has the high marketcap that it has.  There are valid reasons.

But whatever man, I guess we'll see if LTC is still #2 this same time next year.  Let's check back and see.  My bet is yes it will still be #2.

[windjc]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.

I don`t think so, i still think it will be number 2 don`t understand why it is going so down

LTC is going down for many reasons, one of which is one whale has dumped close to 500k litecoin in order to buy DRK and BTC.

[coinits]

The Reptilians have decreed that only Bitcoin, Jackpotcoin, and Infinitecoin will survive the coming purge.

[Skoupi]

Litecoin has a solid userbase from old school crypto enthusiasts.
Obviously it doesn't add up anything to the general concept but it works, has a secure network and a team that works closely with bitcoin devs.

[Robert Paulson]

the only end that is coming is the end of bullshit government paper money.
its only a matter of time until the misallocation of capital from all the arbitrary money printing brings the economy down, causing yet another QE panic printing and hyperinflation.
after which only gold and bitcoin will be money and nothing else.

[Wandererfromthenorth]

It's number two just because it's an "historical altcoin", one of the first and has a LOT of time at its advantage compared to other alts. But as you can see things are turning around.
 It's just overbought useless crap.

Completely, utterly false statement. MANY alt coins came way before LTC. You just haven't done the research as to WHY it was able to supplant the others, and still has the high marketcap that it has.  There are valid reasons.

But whatever man, I guess we'll see if LTC is still #2 this same time next year.  Let's check back and see.  My bet is yes it will still be #2.

lol dude, i meant one of the first compared to the gazillion altcoins coming out now.
what should be the reasons of LTC survinving long term?  micro payments? fast transactions (that any new coin has)?    
And i mean GOOD reasons, not these little details nobody cares and that any altcoin that has actually innovation can have.
What are the reasons?


For the moment it's falling and falling (most importantly, distancing itself from BTC as you can clearly see by the LTC/BTC CONSTANLY and consistently dropping).

Nobody seems to want this overbought (second in market cap) falling knife.

LTC is pure speculation and this fact seems to slowly catch up. same with the other old stagnant coins listed on BTC-E.