Post
Topic
Board Altcoin Discussion
Re: Why is Litecoin so cheap?
by
El Dude
on 07/05/2014, 07:40:02 UTC
Ok everybody calm down , El dude is here to put the trolls in their place.

because asic are dumping like crazy

yes , because bitcoin asics "dumped like crazy" and the bitcoin price went down when asics came out , you fool. The opposite happened bitcoin went to $1200 when asics came out.

ehm no btc went to 1200 because of china, not because of asic, when KNC miner are dumpic 1k btc a day

tell me why people should buy litecoin, when there are 300mh/s coming that will rape it so hard(the first one will rape it for sure)

not to mention that now litecoin is even more useless because there is no more difference between scrypt and sha256, both are centralized shit

so your telling me ASICs making BTC harder to get had nothing to do with the rise to $1200 ? lol

Litecoin was never designed to be asics proof and no coin really is , unless you have a low marketcap and no one cares enough to develop a asics for it. You think gpu weren't centralized ?  like the two 7950s you had in your basement made a difference to the 10 000 gpu farms out there.