Re: Litecoin is officially dead

Refresh my memory... How many times now has Litecoin been "officially dead"?

With no developers, no new content added, a dying community, and getting destroyed by ASIC's. Litecoin's 9 lives have run up.

I wonder though, does LTC really need any more features? The presence of ASICs is going to make it quite interesting. Will the network start to centralize? Will Wall St. Want a #2? Remember, even with BTC T 600 bucks app., we are VERY early adopters.

Basically, I'm saying we don't know. I still have 1/3 of my position in it as when we broke .02 I saved what profits I had and rolled 1/2 that into XMR. The alts are nice in this way as you can (still) move things around with no tax implications. Another reason LTC is nice to have.

I get the feeling that when we look back on this time, we are just going to laugh at some of what we thought.
We are still in the womb.

Finally, someone presents a decent view of opinion.

I do agree, sort of, that LTC doesnt need any new features. But it does need adoptance, of which it's lacking greatly atm. Just one company, one needs to adopt LTC and it's price would go back to it's former glory.

True, LTC seems to be falling out of favor. But BIG money, which took btc to where it now is, might have other ideas. I do think it is smaller players or early adopters getting into the anonymous cryptos EARLY. I don't think institutions will touch those. Who knows, might just be NSA as well. ;-)

Outside big money carrying LTC, I agree that LTC needs more adoption. If it does however start to really tank, that is when we probably see new features. Adapt or die.