LTC good investment?

[MicroGuy]

well at least goldcoin will never descend into irrelevance......as its never had a time of relevance to lose  

This is true to a large degree and a problem we're dealing with by continuous development.

[El Dude]

well at least goldcoin will never descend into irrelevance......as its never had a time of relevance to lose  

This is true to a large degree and a problem we're dealing with by continuous development.

I find it hilarious how you try and make it seem like goldcoin a coin with $31 dollars in 24 hour volume is somehow better than litecoin.


your one of the most retarded shills left in this altcoin section.

[spartak_t]

Charlie Lee is 101% right!!! Adding gimmics makes easier for people to be scammed. The most important things for a coin are:

1. To have strong network
2. Marketing
3. Adoption

That's about it.

[kelsey]

na statements like this arent spreading FUD at all are they mircroguy  

https://twitter.com/litecamel/status/544807537116479488

100% agree with coblee, we're building a currency here not a spaceship to mars.

and the lead dev of litecoin Warren and the dev team are still constantly working on updates to/maintaining the clients etc coblee is more referring to extreme core changes most other alts seem to be working on purely for the ol 'innovation' pump.

now if you could read and follow you'll note I pointed out this statement by you "That seems to be what is happening. Perhaps a lesson can be gained by understanding this tragic descent into irrelevance." as the FUD  

[kelsey]

Charlie Lee is 101% right!!! Adding gimmics makes easier for people to be scammed. The most important things for a coin are:

1. To have strong network
2. Marketing
3. Adoption

That's about it.

and Trust.

[TheMage]

na statements like this arent spreading FUD at all are they mircroguy  

https://twitter.com/litecamel/status/544807537116479488

Since you insist on continuing to be intentionally uneducated, again I strongly suggest you listen to my interview on World crypto network https://www.youtube.com/watch?v=gLVwMFWGseA&feature=youtu.be

I address that tweet directly along with Brian Armstrongs altcoin tweet and many other great topics.


Of course, I can surmount right now based on your posts in here that you will refuse to, perhaps even ignore me again. With that said lets agree to disagree and move on like men instead of continuing to bring more disdain in the alt community for honestly no reason.

[smooth]

Since you insist on continuing to be intentionally uneducated, again I strongly suggest you listen to my interview on World crypto network https://www.youtube.com/watch?v=gLVwMFWGseA&feature=youtu.be

I address that tweet directly along with Brian Armstrongs altcoin tweet and many other great topics.

Can you summarize your responses. I'm interested but I don't want to listen to an interview.

[choochimil]

Unlikely to pump significantly. Better investment nowadays is NEM

[kelsey]

How did I know kelsey would be in here

and i'm guessin you ventured in here for the popcorn 

[bitbets]

https://twitter.com/litecamel/status/544807537116479488

Glad to see someone agrees with me

[MicroGuy]

With that said lets agree to disagree and move on like men instead of continuing to bring more disdain in the alt community for honestly no reason.

I'm not sure what we disagree about. I was simply posting a tweet.

[MicroGuy]

I find it hilarious how you try and make it seem like goldcoin a coin with $31 dollars in 24 hour volume is somehow better than litecoin.

How did I make it seem? I was stating that my overall philosophy is that a coin needs constant development in addition to the other attributes mentioned in this thread. I don't see any point in abandoning any single aspect of a currency's evolvement.

[kelsey]

From an economics standpoint one should not (outside of simply maintaining a stable client/blockchain or enhancing usefulness with 3rd part addons) be developing any live cryptocurrency, especially anything that involves changing core parameters.

This undermines the whole trustless system paramount to cryptos maintaining any value whatsoever.

Only do any such developments prior to going live.

but this is lost on the whole change to stay noticed and 'innovative' crypto crowd.

[MicroGuy]

Hmmmmm ... Maybe this line can be removed now.  

[kelsey]

Hmmmmm ... Maybe this line can be removed now.  

first valid point you've made all thread.

and to goldcoin client you should add "for entertainment purpose only"

[Lucky - Luciano]

NO, bitcoin is slowly dropping back to $0, so is litecoin

   If you do not have anything clever to say, you better keep your mouth shut.

[dhimasnk]

do not invest in LTC, LTC prices further down. Invest in Bitcoin while it's cheap!

[kelsey]

do not invest in LTC, LTC prices further down. Invest in Bitcoin while it's cheap!

i guessin you're qualified to give investment advice 

[worldtreasurefinders]

Here's my take, FWIW. Bitcoin was modeled to be a digital equivalent of gold. You mine it, it's very limited in supply, it can't be printed or controlled by a central authority. Litecoin was intended to be the silver standard to the bitcoin/gold standard.  What are gold's gimmicks and novelties? What are the differences between silver and gold? How has physical silver remained a viable alternative to physical gold without special gimmicks or novelty that gold doesn't have?  Gold and silver are pretty much the same, and what does one offer that the other doesn't?  Yet people invest in silver just as eagerly as they do gold.  I think many of you forget the basic fundamentals of crypto currencies. They are supposed to be self sustaining and independent of centralized support/control. When Coblee said that LTC doesn't need development right now, he meant it in the way as physical silver does not need a development team behind it to make it succeed. It will succeed by itself, precisely due to the fact that it doesn't need a team of people to make it succeed. Any coin relying on a dev team to keep it alive will fail sooner or later. The coins that will be here decades from now are the ones that don't need a team of people to convince the public they are valuable; the coin does that on its own.

[MicroGuy]

Cryptocurrencies are like operating systems and require, at minimum - updates, patches, and maintenance. These are all forms of development. Development also goes beyond code and applies to things like public relations, community growth, and network health.

Imagine if Gavin came out and said Bitcoin no longer needs development, or if Microsoft quit updating its software. We're in the infancy of digital currencies ... and coins that stop development are destined to remain in the infantile stage.

This is also a competition and there are many competitors just loving this new "no need development" attitude.