oh, just fuck off. Buy some ripple or paycoin and shut up
Litecoin is fair coin not a scamcoin. That alone makes it better than 99% of the coins.
We are down to the point where i have no idea where to put my money because only shitcoins and scamcoins. Litecoin is one of 3 or 4 alts where you can put money. Everywhere else you get scammed or abandoned and delisted. So what's the problem with litecoin? I back litecoin with my money because it's a fair coin - it can be massadopted - a thing 99% of the greedy scams can not be.
You show top 20 screenshot. These are all shitcoins that will be gone soon. Litecoin and Bitcoin is the only coins on the list that are reliable and half way fair - everything else on that list has some sort of serious issue.
So OMG you saying you have invested in THIS? Owwww... I am so sorry mate I feel for your loss.
I see nothing but butthurt investors here no real arguments. It's OK we understand you like to defend your investment... but a small word of advice. SELL SELL SELL
On one hand, Litecoin has lost almost 95 percent of value in a year. It's hard to deny that Litecoin was one of the worst investments of 2014. On the other hand, Litecoin spent most of 2013 losing value only to jump up in price to almost $50 in November. If the current decline in the crypto market ends and we see more investment coming in again, then Litecoin prices will probably rise.
Interestingly, Litecoin seems to react much more to price rises and drops than Bitcoin does. When cryptos exploded in late 2013, Litecoin performed much better than Bitcoin did. Then when people lost interest, Litecoin prices fell much harder than Bitcoin did.
Anyway, to answer the OP, if you think of innovation as piling on new features, then I agree Litecoin isn't the most innovative coin anymore, but neither is Bitcoin. Even Peercoin - the first proof-of-stake coin, which was considered very innovative when it was launched, isn't among the most innovative of coins anymore.
But there is that network effect, that massive hashrate and network security, and perhaps more importantly, Litecoin has a good reputation in the community which isn't tainted by the pump and dump scams that are so common in the crypto world nowadays. Investing in Litecoin can be a bit boring but it's not really meant to be a "flavor of the month" type of coin.
Also, there is still the possibility of improving upon a coin while leaving the core intact. This is the same approach taken by Bitcoin. Bitcoin doesn't change much in the protocol level but it has entire teams working on adding functionality on top of the existing blockchain (Counterparty, Mastercoin, Colored Coins, and Zerocoin to name a few). Peercoin has them too in the form of Nubits, NuShares, Peershares, etc. I see no reason why Litecoin cannot do the same.
As for myself, well I don't have many litecoins. I might have a couple of dollars worth that I bought a week ago. I'm not sure. Personally, I'm not overly enthusiastic about Litecoin and my rationale for not investing is that by now, anything that could increase the Litecoin price will probably result from a market-wide rise in cryptos in general and now that Litecoin's original niche of ASIC resistance is long gone, opting for Bitcoin seems to be the safer bet.
oh, just fuck off. Buy some ripple or paycoin and shut up
Litecoin is fair coin not a scamcoin. That alone makes it better than 99% of the coins.
We are down to the point where i have no idea where to put my money because only shitcoins and scamcoins. Litecoin is one of 3 or 4 alts where you can put money. Everywhere else you get scammed or abandoned and delisted. So what's the problem with litecoin? I back litecoin with my money because it's a fair coin - it can be massadopted - a thing 99% of the greedy scams can not be.
You show top 20 screenshot. These are all shitcoins that will be gone soon. Litecoin and Bitcoin is the only coins on the list that are reliable and half way fair - everything else on that list has some sort of serious issue.
There are a few other old and respected alts in that picture. Peercoin and Namecoin, for example.
