Post
Topic
Board Altcoin Discussion
Re: Litecoin Is NOT Dead (It Is Just Dying A Slow Death)
by
CoinHoarder
on 02/07/2014, 21:21:06 UTC
I've posted in other threads that as BTC continues to make the transition from "underground" to "mainstream" (more adoption every day, more wall st. types involved every day, etc.) there is going to be a void. With more acceptance will come more scrutiny & regulation. People who (have) used BTC to buy pot, buy guns, send money across the globe for whatever reason will (at some point) shy away from BTC due to the above.

There needs to be a legit alternative to BTC that is viable. Will it be LTC? My guess is likely not. I just don't see a whole lot from the LTC community in terms of evolution and innovation of the coin.

Which coin is it? No idea, but there are only a handful (if that) that could emerge that are bringing either actual innovation to the table or have a legit community behind it (not going to name names)... but I don't think it will be an IPO coin or a POS coin that proves to be viable long-term.



This is like the most used reason on why LTC will not "succeed".

Since when does innovation = success and only then?

Ford was an innovator...but along came Toyota, Honda, Kia...etc. They weren't very innovative as they basically copied the idea and layout.

Now had Toyota or the others came up with the idea of the airplane ...now that is innovative. But it didn't require innovation to be successful.

Toyota is successful today because they innovated, maybe you should learn about their history before calling them copy cats. They have a long history of innovating starting with the way cars are mass produced and built to today where they pioneered hybrid vehicles via the Prius.
Honda's history: http://www.toyota-global.com/company/history_of_toyota/
Honda's recent innovations: http://corporate.honda.com/innovation/

Honda got its start innovating the use of auxillary engines in motorcycles and is still today focused on innovation.
Honda's history: http://world.honda.com/history/limitlessdreams/encounter/index.html
Honda's current innovations: http://corporate.honda.com/innovation/

Although Kia didn't get its start innovating products per say, it was the first company in South Korea to make domestic bicycle, motorcycles, cars, and trucks. Today they definitely have a strong focus towards innovating and were innovative in the US market by making vehicles affordable, among other recent innovations.
Kia's history: http://www.kia.lk/corporate/innovation
Kia's current Innovations: http://www.kia.lk/corporate/innovation

Maybe you should research claims a little bit before you make them? It took me 5 minutes to look all this up...