Quote from: CoinHoarder on June 24, 2014, 06:20:08 AM

Quote from: smoothie on June 24, 2014, 01:30:29 AM

Quote from: CoinHoarder on June 23, 2014, 07:19:00 AM

Quote from: kalus on June 23, 2014, 07:11:35 AM

thanks for this well reasoned post.

do you feel the added security of the litecoin blockchain with new asics on the way will prolong the life of litecoin, or accelerate its demise?

It's hard to say. I feel like in the long run it will be a bad thing, but the effects of the centralization of Bitcoin/Litecoin mining won't be felt for some time. As corporations, old money, and old money FIAT take over mining, the affects will start to show. At that point they are no longer decentralized currencies, it is moving that way already.

I think Litecoin will remain number 2 through at least the end of the year and possibly next year too. However, things are moving so quickly that it is completely possible that its demise could happen sooner rather than later. I think Bitcoin will be much harder to topple than Litecoin.

what I find odd is you already publicly declared you no longer support litecoin yet you still want to talk about it as if it matters.

Roll Eyes

insult #1, done in your usual satirical style... I still hadn't responded to any of your posts.

Quote from: smoothie on June 24, 2014, 01:52:50 AM

Quote from: CoinHoarder on June 24, 2014, 01:00:31 AM

Quote from: kelsey on June 24, 2014, 12:46:47 AM

So why is it the few nxt fanbois constantly trolling the forum are the ones so concerned about litecoin's future Roll Eyes

First of all, I am not a Nxt fan boi. I haven't decided which crypto will be the next one I support apart from Bitcoin, but I am leaning towards Counterparty, Mastercoin, Bitshares AGS, Swarm, Ethereum, or Maidsafe. Possibly Nxt too, although they have some trolls (which coin doesn't), they are doing some interesting and innovative things... the initial distribution is kind of a put off to me though. However, to be fair to them... everyone had a chance to invest and didn't.. that is not their fault.

Secondly, I think the Litecoiners are getting scared. They are getting more organized and are doing more projects recently than ever before. I think most of them can see the writing on the wall and are trying to "right the ship" so to speak. Not only have the Litecoin "haters" been more vocal as of late (which is totally understandable due to the points I've outlined ITT), but the Litecoin supporters are also being more vocal because their throne is being challenged. They are even sending people over here from their forums to try and prove me wrong: https://litecointalk.org/index.php?topic=20631.0

You think.

So you are just speculating.

Got it.

I'm a litecoin supporter and no I am not scared nor have I gotten the notion that the community for LTC is scared as well.

Anyone can go back into CH's post history on this forum and the Litecointalk.org forum and see how much Coinhoarder is butthurt. For what real reason I can't say for sure but what I do know is he tried to get the LTC devs to make certain changes to the LTC protocol and it fell upon deaf ears so he took his ball and went home crying.

Now he is here still talking about LTC even though he claims it will die. And instead of just seeing if his prediction is true and let it be he is still talking about LTC which is keeping it alive.

As long as people are talking about LTC or trading it or mining it...it isn't dead in my view.

insult #2 and #3, I still hadn't replied to you at the time.

Quote from: smoothie on June 24, 2014, 02:17:12 AM

Quote from: CoinHoarder on June 24, 2014, 12:28:48 AM

I see value in some other alternative coins, and I even think some of them have a large chance to overtake Litecoin as people slowly realize that Litecoin is just one big marketing campaign. If your investment strategy is to look at coinmarketcap and choose the coins with the biggest market cap, then I don't feel like that is a smart investment. According to you, this is how "smart money" operates. However, I think the "even smarter money" does extensive research on all coins that are available and the ones in development, and then comes to a proper decision as to what they will put their money in. After doing this myself I have come to the conclusion that "smart money" isn't actually so smart afterall.

why should people listen to you who have been unsuccessful in your investments?

Are you part of the smart money crowd or are you not and just posturing to make people who are in the "smart money" crowd feel inferior with no basis for your claims but just "I think it is" and "I have come to the conclusion..."??

You can't preach on the topic of smart money if you yourself have not lived it and actually done it yourself.

It's like you preaching about marriage when you are divorced in your own personal life. It doesn't work as you are now disqualified as someone to speak on it and have any actual impact on the topic if your own track record proves to be the on the opposite spectrum of what you are discussing.

insult #4, I still hadn't replied to you at the time... this whole post is an insult.

Yeah Smoothie... I totally started this. Roll Eyes

Tell me this:

How is it an insult if it is true?