Post
Topic
Board Altcoin Discussion
Re: Litecoin Is NOT Dead (It Is Just Dying A Slow Death)
by
darkota
on 23/06/2014, 23:26:58 UTC
Interesting read. Litecoin is actually the coin I first read about that got me interested in cryptos back in Jan (read some article somewhere on it). Before then, I had no idea that alt coins even existed and a very rudimentary knowledge of bitcoin. I thought I'd play around with this crypto stuff and maybe I could get a free litecoin out of it, just for fun.

I never bothered really going past that 1 ltc (and have since sold it) and now have a small chunk of btc instead. The problem I saw, and still see, is a lack of innovation and the fact that there really is no reason for the value of ltc to rise a whole lot anymore.

I think the OP touched on one really important fact, multi coin processors for purchases. They already exist, and I think they will become the standard if cryptos make any headway into being used as a currency by the general public at all. And that means there will be no difference between ltc, doge, nxt, or whatevercoin, when ConsumerX decides to use crypto to buy something.

The only coins then that could stand out a bit are those that have unique features (nxt flavors, ethereum, maidsafe, anon coins, etc). And I'm not saying any of them will even take the #2 spot, but that #2-#6 spot may end up being somewhat bunched up close to one another.

I agree, Litecoin has a severe lack of innovation and that will be it's undoing. It's not really accepted at much stores and it doesnt have widespread adoptance. Only a matter of time when Litecoin gets taken over.

Your opinion is worth nothing at all. You were the guy with the self-moderated thread in which you deleted every post that supported litecoin. It made you look very foolish.

And anyway, BTC is not widely adopted, so you have scored yet another own goal.

BTC is accpeted at over 50,000 stores as well as MAJOR brands like Expedia, Overstock, Tigerdirect, etc etc.

Litecoin is accepted as none of those stores....and is just another shit alt coin.