Post
Topic
Board Altcoin Discussion
Re: Litecoin. following bitcoin's footsteps??
by
darkota
on 26/06/2014, 00:41:15 UTC
Litecoin is following Dogecoin's footsteps bro...straight to Davy Jones locker..

Dogecoin was more of a joke than anything.
Litecoin has the second largest market cap with the second largest daily volume trades. It dwarfs any other coin currently out in the market.
No coin even comes close. It's far from dead...

Darkcoin surpassed litecoin in price. The only reason Litecoin has a large marketcap is because it has 28million coins. It's only worth $8 and is only getting lower and lower, after dropping more than 80% from $50.

Litecoin has no adoptance, no innovation, and no first mover status(many alt coins were made before litecoin). Litecoin is as good as dead.

Darkcoin is an insta-mined, over hyped, pump and dump scheme. Sure, the prices are almost the same (with Litecoin leading by a few cents), but how long do you think that will last? Don't get me wrong. I like the idea of Darkcoin, anonymity and such, however, it has wayy too many red flags for investors to be excited about it. For example, the issues the dev team with the masternodes. They hard forked and still couldn't get it right...
So, if Darkcoin is your alternative suggestion, I'm gonna have to stick with Litecoin.

I agree with insta-mined, over hyped etc.

But to be honest, Darkcoin with it's instamine and etc shows more potential than Litecoin.

Litecoin has had No features added to it since it started running over 2 years ago, it has had hardly any adoptance by small stores and No adoptance by major stores/companies. It also does not have first mover status like Bitcoin as there were many alt coins made before Litecoin..

True, but when you really think about it, what has bitcoin done? Bitcoin hasn't had any major changes or features added to it. Also, to which altcoins are you referring to? Any alts that came before Litecoin are insignificant today. The fact remains that crypto has yet to see major adoption and that Litecoin does have first mover advantages due to its trade volume, second only to bitcoin. This is a big deal IMHO.

Bitcoin has a HUGE first mover status. It is the first and most successfull cryptocurrency..because it's the first. It's had a huge head start on marketing, promotion, and adoptance than any other alt coin out there, which is why it's the most succesfull and the undisputed king of cryptos.

Litecoin has no such first mover status, as there were alt coins made before Litecoin. It also lacks innovation and a dedicated dev team which is Needed for a altcoin to be successful. I'm sorry but Litecoin is as good as dead.