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Author Topic: LTC now at 3 dollars with the other altcoins.  (Read 3117 times)
Lauda
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August 18, 2014, 11:20:49 PM
 #21

LTC will be back from the dead.
LTC and BTC are king ... death to DOGE Cheesy
Complete nonsense. LTC and DOGE seem similar if you look at how much has been mined out. LTC has no features to offer us.
The problem right now is in the whole market. It has been affecting most coins, some a bit more than others.
Whatever we tend to think or believe will happen is just pure speculation. I for one do not think that LTC will ever see its glory days again.

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August 18, 2014, 11:29:22 PM
 #22

There is no better time to buy ltc than now, ltc is a silver to bitcoin and when this shake off is over it shall rebound to $30.

Been hearing that for months. Comparing LTC to silver is a horrible comparison. Silver actually has value and real world use. Your chances of silver hitting $30/oz are much greater.

You forget LTC already passed silver once...it will happen again. Just wait.  Grin

███████████████████████████████████████

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August 18, 2014, 11:30:39 PM
 #23

LTC will be back from the dead.
LTC and BTC are king ... death to DOGE Cheesy
Complete nonsense. LTC and DOGE seem similar if you look at how much has been mined out. LTC has no features to offer us.
The problem right now is in the whole market. It has been affecting most coins, some a bit more than others.
Whatever we tend to think or believe will happen is just pure speculation. I for one do not think that LTC will ever see its glory days again.

Seriously all I keep hearing about is the MYTH that features are the most important thing in a crypto. Honestly who gives a fuck about features if the network those features operate on is insecure?

How about SECURITY of NETWORK PROTOCOL as a feature that LTC has?

 Roll Eyes

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
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dillpicklechips
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August 18, 2014, 11:34:21 PM
 #24

LTC will be back from the dead.
LTC and BTC are king ... death to DOGE Cheesy
Complete nonsense. LTC and DOGE seem similar if you look at how much has been mined out. LTC has no features to offer us.
The problem right now is in the whole market. It has been affecting most coins, some a bit more than others.
Whatever we tend to think or believe will happen is just pure speculation. I for one do not think that LTC will ever see its glory days again.

Seriously all I keep hearing about is the MYTH that features are the most important thing in a crypto. Honestly who gives a fuck about features if the network those features operate on is insecure?

How about SECURITY of NETWORK PROTOCOL as a feature that LTC has?

 Roll Eyes
But then compare LTC to BTC with the same reasoning. Why use the less secure one?
rikkejohn
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August 18, 2014, 11:36:52 PM
 #25

It's really short-sighted to speak about features unless it means security. Nobody that can make a coin worth anything gives a toss about talking wallets or Mod A Go-Go stretch-elastic pants.

If we are dealing with currency, people want tradition, acceptance and safety.

That is it.

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August 18, 2014, 11:40:36 PM
 #26

LTC will be back from the dead.
LTC and BTC are king ... death to DOGE Cheesy
Complete nonsense. LTC and DOGE seem similar if you look at how much has been mined out. LTC has no features to offer us.
The problem right now is in the whole market. It has been affecting most coins, some a bit more than others.
Whatever we tend to think or believe will happen is just pure speculation. I for one do not think that LTC will ever see its glory days again.

Seriously all I keep hearing about is the MYTH that features are the most important thing in a crypto. Honestly who gives a fuck about features if the network those features operate on is insecure?

How about SECURITY of NETWORK PROTOCOL as a feature that LTC has?

 Roll Eyes
But then compare LTC to BTC with the same reasoning. Why use the less secure one?

Assuming it is less secure, the advantage is speed.

BTC needs to work on this issue. I waited an hour for a withdrawal earlier.

All, or most coins, have to deal with the bloated blockchains, too.

With all the money in bitcoin and the potential for it to actually be a currency rather than a commodity, I'm surprised this has not happened.

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Lauda
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August 18, 2014, 11:51:35 PM
 #27

Assuming it is less secure, the advantage is speed.

BTC needs to work on this issue. I waited an hour for a withdrawal earlier.

All, or most coins, have to deal with the bloated blockchains, too.

With all the money in bitcoin and the potential for it to actually be a currency rather than a commodity, I'm surprised this has not happened.
There is nothing to assume. It is less secure that Bitcoin.
Speed isn't that important. Let's say if BTC reduced the time by 1/2 needed for a confirmation, people would still complain because Xcoin has a 10 second confirmation time.
It also depends where you're withdrawing from and your luck (some blocks are very quickly found, some take a lot of time).

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August 19, 2014, 12:06:31 AM
 #28

LTC will be back from the dead.
LTC and BTC are king ... death to DOGE Cheesy
Complete nonsense. LTC and DOGE seem similar if you look at how much has been mined out. LTC has no features to offer us.
The problem right now is in the whole market. It has been affecting most coins, some a bit more than others.
Whatever we tend to think or believe will happen is just pure speculation. I for one do not think that LTC will ever see its glory days again.

Seriously all I keep hearing about is the MYTH that features are the most important thing in a crypto. Honestly who gives a fuck about features if the network those features operate on is insecure?

How about SECURITY of NETWORK PROTOCOL as a feature that LTC has?

 Roll Eyes

That's not a feature that's needed. Why would anyone in their right minds, bother to use Litecoin when it is Many many times Less secure than Bitcoin? Litecoin is a Bitcoin clone, plain and simple with nothing to offer. And the market is seeing that, there's absolutely no point in buying/holding/using Litecoin.

Bitcoin has hundreds of millions of dollars of mining equipment(ASIC's, GPU's etc) upholding the network. Litecoin has a few measly millions upholding their network which frankly makes Litecoin unsecure compared to Bitcoin, and as you can see, it's all coming crashing down.

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smoothie
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August 19, 2014, 12:19:48 AM
 #29

LTC will be back from the dead.
LTC and BTC are king ... death to DOGE Cheesy
Complete nonsense. LTC and DOGE seem similar if you look at how much has been mined out. LTC has no features to offer us.
The problem right now is in the whole market. It has been affecting most coins, some a bit more than others.
Whatever we tend to think or believe will happen is just pure speculation. I for one do not think that LTC will ever see its glory days again.

Seriously all I keep hearing about is the MYTH that features are the most important thing in a crypto. Honestly who gives a fuck about features if the network those features operate on is insecure?

How about SECURITY of NETWORK PROTOCOL as a feature that LTC has?

 Roll Eyes
But then compare LTC to BTC with the same reasoning. Why use the less secure one?

Why not? Litecoin is not susceptible to Bitcoin miner attacks.

Remember...different mining algorithms. Those mining Bitcoin can't immediately switch to LTC and mine the F*ck out of it.

Wrong argument you are using to claim Litecoin is "insecure". lol

I would rather use LTC for smaller purchases that I care to get confirmations faster than Bitcoin currently offers.

███████████████████████████████████████

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August 19, 2014, 12:23:56 AM
 #30

LTC will be back from the dead.
LTC and BTC are king ... death to DOGE Cheesy
Complete nonsense. LTC and DOGE seem similar if you look at how much has been mined out. LTC has no features to offer us.
The problem right now is in the whole market. It has been affecting most coins, some a bit more than others.
Whatever we tend to think or believe will happen is just pure speculation. I for one do not think that LTC will ever see its glory days again.

Seriously all I keep hearing about is the MYTH that features are the most important thing in a crypto. Honestly who gives a fuck about features if the network those features operate on is insecure?

How about SECURITY of NETWORK PROTOCOL as a feature that LTC has?

 Roll Eyes
But then compare LTC to BTC with the same reasoning. Why use the less secure one?

Why not? Litecoin is not susceptible to Bitcoin attacks.

Remember...different mining algorithms. Those mining Bitcoin can't immediately switch to LTC and mine the F*ck out of it.

Wrong argument you are using. lol

Litecoin is suspectible to the same 51% attacks that Bitcoin is, it uses the Bitcoin sourcecode...only thing that's different is the 2.5minute blocktime, the name, and the algo(scrypt).

With that being so, Litecoin is Much much much easier to 51% attack than Bitcoin(thought it'll be a waste to use money 51%ing Litecoin since it has nothing to offer), which makes Litecoin Much less secure than Bitcoin.

With that also being said, it's confirmed that Litecoin has absolutely nothing that gives value to it over Bitcoin, hell most of the scamcoins released today offer more than Litecoin does. It also makes no sense to use Litecoin for smaller purchases, because there are altcoins that have 10 seconds and below transaction times, which make litecoin 2.5minutes seem like forever.
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August 19, 2014, 12:42:15 AM
 #31

I would rather use LTC for smaller purchases that I care to get confirmations faster than Bitcoin currently offers.

Don't 99% merchants accept instant payments anyways for BTC?
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August 19, 2014, 12:52:58 AM
 #32

LTC will die the day another alt will take the #2 place

LTC at #3 it´s coming soon
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August 19, 2014, 12:55:52 AM
 #33

I would rather use LTC for smaller purchases that I care to get confirmations faster than Bitcoin currently offers.

Don't 99% merchants accept instant payments anyways for BTC?

Correct, through bitpay, making litecoin all the more useless.
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August 19, 2014, 09:34:06 AM
 #34

what are you guys talking about.. ltc is now $4.15 and growing

1 BTC = 1 BTC
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August 19, 2014, 10:38:42 AM
 #35

I sold all my LTC in the mid of drop..now scenario is BTC is rising and LTC nearly stuck.

LTC will surely survive but with struggle.
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August 19, 2014, 11:07:18 AM
 #36

what are you guys talking about.. ltc is now $4.15 and growing

Short term gains do not reflect long term losses.

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August 19, 2014, 11:09:12 AM
 #37

well was simply too high, i mean 0.01-0.02 with 84M cap, just because it was the "second", which is not even true...will crash to 100ks or around that
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August 19, 2014, 01:42:40 PM
 #38

The coin that's heading for second place is DRK.

No question about it.

It occupies a glaring vacancy in both technical and commercial market landscapes that will grow enormously over the next phase of crypto developments. Not only that but it has sustained its presence throughout a very difficult and challenging period of technical evolution and general market turmoil.

It has seen off market competitors, proven the viability of some key design decisions such as the semi-centralised masternode approach and consolidated the integrity of its codebase.

On top of all that, the recent  market turbulence has resulted in a widespread redistribution of large holdings which will further secure its valuations in the future.

For me, this coin is now set to be THE genuine number 2 to bitcoin for reasons far more viable than LTC's ever were.

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August 19, 2014, 02:10:01 PM
 #39

I remember when I traded LTC for 25 - 30$, I can't believe it is dropped so low in value.
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August 19, 2014, 03:17:32 PM
 #40

LTC will die the day another alt will take the #2 place

LTC at #3 it´s coming soon


theres a reason that when you search

"coinmarketcap"

you get the

"filter non minable and premined" 

link as a major link.

http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined/

that's because the market is just not stupid enough yet to buy these scams.


as i said i think Litecoin has better long term fundamentals than Bitcoin and this "decouple" is ultimately good for it.

- Twitter @Kolin_Quark
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