Post
Topic
Board Altcoin Discussion
Re: Whats up with LTC?
by
darkota
on 05/07/2014, 17:05:29 UTC
LTC is too big to fail.
Like Titanic.

+1, these people think because a coin Had a decent size marketcap, it was too big to fail.

Have you never looked at all those big companies that went backrupt? Did you not see all the car manufactoring firms having to get bailed out of bankruptcy by the U.S government?


If Litecoin were a company, it'd be a failing one, laying off it's workers because of lack of revenue, and eventual bankruptcy.



LTC has no operating costs.

You're joking right.

People's GPU, ASIC's, and Nodes keep the LTC network running, making new coins. If people stopped running nodes for LTC, and stopped mining= Dead, and the network would Halt.


You obviously have no idea how cryptocurrencies work do you..