Quote from: gszabi on March 26, 2014, 09:51:07 PM

No and please dont make any. Thank you in advance

)

I think we'll see more of them very soon and those ASICs you invested in will begin collecting dust sooner than their first bitcoin bros did at the time. Because this time people are prepared to react and know how to react. Don't be surprised to see Litecoin convert to scrypt-n or any other memory intensive algo. It will happen - unless the community wishes to see 1LTC @ $0.01 in 2015.

EDIT: Sadly, leading Litecoin devs seem to be against this. They think that ASICs won't kill Litecoin. (This is more like a defense for their inability to fork it without messing it all up.) We'll all see what will happen when people start mining with those 250Mh/s units and dump them all. Then it'll be "Good bye LTC... You lost your purpose." It's only going to be fair when it fails. Sad.

Quote from: brooklynite on April 04, 2014, 05:58:04 AM

I love how in Crypto community we brag about the coins being "decentralized" and here the developers are the GOD OF THE COIN and completely and fully, control everything about the coins and could change anything, at will.

And we go wonder why no one wants to accept our coins as a currency despite these "coins" being around for such a long time.

This is a good thing. It's not controlling the value(directly) but preventing unfair control of value. If you like comparing to fiat, think of it like adding a hologram to the paper money.

-- coinsolver is also working on a scrypt-n version.