Quote from: tacotime on July 01, 2013, 02:40:53 PM

Quote from: MangoJ on July 01, 2013, 08:35:14 AM

Quote from: hrrsn on July 01, 2013, 03:40:45 AM

Quote from: Quix on July 01, 2013, 01:02:24 AM

Alt coins are also dead, Litecoin is the last to go down but it's going and will be gone soon.

Why do you say that? Litecoin is currently ASIC proof so there will be a lot of GPU workers going there over the next few months, also it is small but steadily growing, much like Bitcoin was. Once MtGox starts trading LTC we'll see a lot more market validation.

Right now, using GPU mining, LITEcoin is LESS profitable than BTC.
BTC is already not profitable for people to get into. GPUs cost too much, use too much power, and don't earn enough.
They earn even LESS money than BTC.

I checked the exchange rate for Litecoin with my mining power, and I make more mining BTC.
Yet I shut down my miners because it isn't enough to bother with.

Therefore Litecoin was dead before it ever went mainstream. Much like HD-DVD back when that was competing against Bluray disks.

Bitcoin was in the news, on TV, on talkshows, mentioned by the black market.
Nobody cares about Litecoin but people that don't yet know that they are burning out their CPUs and GPUs on a dying currency.
Sure they can make $10 USD a month mining litecoin, but that is foolish when they could make $15 a month on BTC currently.

Overheating my house and burning up my GPUs is no longer worth the little $150 I get after the power bill.
Anyone doing litecoin is terrible at math and or accounting.

Litecoin is totally dead.

BTC is alive.

Bitcoin mining is 50% less profitable than Litecoin mining right now, see coinchoose.com

taco dont bother he has BTC religious issues.... Its been pointed out 8 times and still living on the banks of a river in egypt !!

..lolz