Is Litecoin going to survive the fall?

[darkota]

Actually, you should ask yourself: Who in there right mind would invest in an altcoin thats a 1:1 Bitcoin clone (litecoin)?

Like he's on cue, Darkota shows up just to say something really, really stupid about Litecoin.

http://www.coindesk.com/information/comparing-litecoin-bitcoin/

You posted that article for what? It lists differences that don't Matter, blocktimes, algo, that doesn't matter as Scyrpt is essentially the same as Sha-256 now since its Not asic resistant anymore. Litecoin's 2.5 minute blocktime Does Not matter, there are altcoins like Fastcoin that has 10 second blocktimes(putting litecoin to shame), also Bitcoin has Instant payments with 1 confirmation through bitpay.

Litecoin Has No Features of its own to differentiate it from Bitcoin, making it more useless than the hundreds of scamcoins released(at least they have Some features)

Also back to that article you posted, here is a quote from them: "Transaction speed (or faster block time) and confirmation speed are often touted as moot points by many involved in bitcoin, as most merchants would allow zero-confirmation transactions for most purchases."

Even they admit that litecoins 2.5minute blocktime doesnt matter, LOL.

[kelsey]

if litecoin dies and never comes back you can close this section up.

Why? There will always be a 2nd place Crypto.

yes but who in the right mind would then invest in alts if the lead alt for so long failed?......just most crappy alt pumpers who knock ltc thinking it will benifit their own alt are too stupid to see  

Actually, you should ask yourself: Who in there right mind would invest in an altcoin thats a 1:1 Bitcoin clone?

my guess would be ummm perhaps someone behind the scenes in the BTC etf who realises all the BIG hurdles facing BTC in getting listed aren't suffered by LTC

anyway you're a troll that knows shit and only likes to hear the sound of his own bullshit post in his own self moderated forum thread....why not just stick to that?

Your first sentence made no sense.

Q.E.D.

[darkota]

Actually, you should ask yourself: Who in there right mind would invest in an altcoin thats a 1:1 Bitcoin clone (litecoin)?

Like he's on cue, Darkota shows up just to say something really, really stupid about Litecoin.

http://www.coindesk.com/information/comparing-litecoin-bitcoin/

You posted that article for what?

To prove to you that you are wrong about litecoin being a "clone of bitcoin." You're just wrong. Now kindly Shut Your Dumb Mouth.

Are you ok? I didn't realize that I was speaking, but rather typing....

First off, when I say clone, you should obviously know that I use the word in the context that said coin doesn't have any noteworthy differences from Bitcoin.

[101111]

Maybe what he means by clone is ltc is a fork of btc and is technically nearly identical to it, whereas alts may include the likes of nxt or eth.

imo for bitcoin-like functionality you only need bitcoin, you don't need a slightly different coin. Alts offer something unique and thus have an entirely different value proposition.

[SomethingElse]

Litecoin and other coins are going down.  2nd gens are slowly taking over the top 10 and will continue to do so.

[Bluestreet]

Maybe what he means by clone is ltc is a fork of btc and is technically nearly identical to it, whereas alts may include the likes of nxt or eth.

imo for bitcoin-like functionality you only need bitcoin, you don't need a slightly different coin. Alts offer something unique and thus have an entirely different value proposition.

You are right sir, this is why I buy GBP because it's a lot more complex then the USD and therefore has a higher value. Although when the Euro implements ANON v3 with it's new algorithm I can see it contending with GBP in price.

The Yen is pretty awful though, such a copy cat currency!!!

[blade87]

Actually LTC has a giant PoW network. It's the most secure coin behind BTC, making it an appropriate alternative store of value in crypto. LTC will survive the fall, if the rest of the market survives. LTC value is about the least of my concern right now.

There's a bunch of clearance sale coins out there now worth taking a gamble on. But you're more or less gambling on the fate of the entire crypto market as opposed to individual coins.

[Bluestreet]

Actually LTC has a giant PoW network. It's the most secure coin behind BTC, making it an appropriate alternative store of value in crypto. LTC will survive the fall, if the rest of the market survives. LTC value is about the least of my concern right now.

There's a bunch of clearance sale coins out there now worth taking a gamble on. But you're more or less gambling on the fate of the entire crypto market as opposed to individual coins.

How the hell is it going to survive if it doesn't have ANON v4 with encrypted messaging?

[KenChanYu]

Actually LTC has a giant PoW network. It's the most secure coin behind BTC, making it an appropriate alternative store of value in crypto. LTC will survive the fall, if the rest of the market survives. LTC value is about the least of my concern right now.

There's a bunch of clearance sale coins out there now worth taking a gamble on. But you're more or less gambling on the fate of the entire crypto market as opposed to individual coins.

How the hell is it going to survive if it doesn't have ANON v4 with encrypted messaging?

lol, currencies are meant to be simple, not rocket science... it's the stuff built around currencies and other aspects that give it's value. Can you imagine mainstreamers trying to use a coin like XMR.

[101111]

Maybe what he means by clone is ltc is a fork of btc and is technically nearly identical to it, whereas alts may include the likes of nxt or eth.

imo for bitcoin-like functionality you only need bitcoin, you don't need a slightly different coin. Alts offer something unique and thus have an entirely different value proposition.

You are right sir, this is why I buy GBP because it's a lot more complex then the USD and therefore has a higher value. Although when the Euro implements ANON v3 with it's new algorithm I can see it contending with GBP in price.

The Yen is pretty awful though, such a copy cat currency!!!

Huh? 100 pennies = £1; 100c = $1. How's that more complex?

[BTCmaster3]

No, litecoin is dropping and dropping hard. I believe the manufacturer is dumping it hard...

[mitchr4]

id look into something with more development, light is dying because its exactly like bitcoin. youre going to continue to see these plain coins die out over and over again...Its making no strides to be unique or innovative. Try Black, XC, or Cloak. Aerocoin is also doing some great things for a young coin. really strong development. Devs are vocal and on point with all releases. They havent fucked up yet like DRK. Check out their white paper on AeroME...incredible idea for an early coin. its really under the radar.

[AdamSmith]

Actually LTC has a giant PoW network. It's the most secure coin behind BTC, making it an appropriate alternative store of value in crypto. LTC will survive the fall, if the rest of the market survives. LTC value is about the least of my concern right now.

There's a bunch of clearance sale coins out there now worth taking a gamble on. But you're more or less gambling on the fate of the entire crypto market as opposed to individual coins.

Problem is BTC offer same if not more secure network than LTC. Plus BTC has two payment processing companies and a lot of merchants accepting the coin.

[othe]

Actually LTC has a giant PoW network. It's the most secure coin behind BTC, making it an appropriate alternative store of value in crypto. LTC will survive the fall, if the rest of the market survives. LTC value is about the least of my concern right now.

There's a bunch of clearance sale coins out there now worth taking a gamble on. But you're more or less gambling on the fate of the entire crypto market as opposed to individual coins.

How the hell is it going to survive if it doesn't have ANON v4 with encrypted messaging?

lol, currencies are meant to be simple, not rocket science... it's the stuff built around currencies and other aspects that give it's value. Can you imagine mainstreamers trying to use a coin like XMR.

With the new GUI, yes totally: http://imgur.com/a/ERheR

Yeah the stuff around the currency is important, definately but Litecoin isn't even on the Bitcoin 0.9 codebase so there are still a lot of issues regarding tx mallability and tons of bugfixes etc in that are already fixed in Bitcoin.
Its really not much work to port LTC over but no one does it?

[Bigbear8]

I believe Litecoin will make a comeback. I remember when it use to be worth somewhere in the twenties for one coin but now its nothing.

[Justine]

The utility and function of the coin has not change. Low price actually reduce risk and encourage investors to buy.

[AdamSmith]

I believe Litecoin will make a comeback. I remember when it use to be worth somewhere in the twenties for one coin but now its nothing.

Litecoin is coming back today. A 10% rally.

[waqas]

I believe Litecoin will make a comeback. I remember when it use to be worth somewhere in the twenties for one coin but now its nothing.

Litecoin is coming back today. A 10% rally.

Today is day of recovery as many coins done some recovery and LTC also going on just because of this I believe this coin can survive

[cisahasa]

why would leader alt die?

[Brilliantrocket]

why would leader alt die?

Because it doesn't do anything that Bitcoin can't. It's the first shitcoin. Actually not even first. Tenebrix came before it.