Quote from: dagarair on August 23, 2019, 08:20:41 PM

Quote from: Metroid on August 21, 2019, 10:32:09 PM

Litecoin was always a scam and that hasn't changed, scammers tried to scam people this year and litecoin price hit $140 and now $70. I would stay away from it.

It for sure has crappy Trend Analysis

It will go up as bitcoin does.

Quote from: jstefanop on August 23, 2019, 06:59:51 PM

Yea for sure. Did you hear about that other scammy coin called bitcoin? They scammed people into buying it at 20k and now its only 10k...would definitely stay away from that as well.

Dont even get me started on Ethereum...scammers got people to pay 1400 for it and now its only 200 LOL.

Roll Eyes

You are aware that since its conception if you bought BTC and held it there is only like 2 weeks that you would of lost money buying it right?
ETH is another story, I have a bunch of it and it will rise with BTC but who knows how much.

Not sure the bold is correct. We are at 10000 and I think we have been over 10000 more then 14 days.

Here is the deal LTC developers did some shady shit the first year it was built. I believe the builder could use Gpus to mine for many months while others could only mine with CPUs.

Kano has gone into detail on this and I did some research it does appear that LTC developers did that years ago.

On the positive side of ltc it is better designed to scale then btc. And for crypto to work we need coins to be mined. More then just btc.

Since I have a power deal that is a 50-50 coin split with my host I will continue to mine with my 11gh of hash. This is in effect 5.5gh for zero cost which is about 0.11 ltc a day or 7-8 dollars a day.
But if you want to break into ltc and buy a pair of L3+ for 200

Use jstefanop software you will do 1gh for 1500 watts

1 gh is only 0.02 ltc or 1.50 a day. 1500 watts is 36 kwatts so if you have 3 cent power you pay 1.08

This nets to 42 cents which is a 500 days to break even.

So to mine with newly purchased ltc gear is a hard choice even with 3 cent power.

For me it is an easy choice my gear is paid for I make 8 dollars profit everyday.

So is Voskcoin correct for some yes for others no.

Is jstefanop correct for some yes for others no.

Anyone looking to break into mining ltc is at high risk.
Anyone with paid off ltc gear and a good power deal should mine on.

Once again a field of gray to pick from not a stark black and white choice.