Quote from: Este Nuno on July 06, 2014, 07:30:28 PM

Quote from: Biggen on July 06, 2014, 03:10:03 PM

Quote from: Este Nuno on July 06, 2014, 02:56:27 PM

Yeah, but even just a public effort or something to voice concerns. But from what I've seen from the Litecoin community someone trying to voice honest concerns and push the coin forward would probably be labeled as a 'FUDder'.

I think even the idea that Litecoin should be improved is offensive to Litecoiners. Maybe their logic is: "we got this far doing nothing, it would be wrong to mess with a good thing!".

I concur. I was a very large LTC holder until a few days ago when I sold a sizeable onto BTC-E. I had lost my faith long ago in the coin but the last couple of weeks were the tipping point for me. I was holding out hoping that things would turn around until I realized this: LTC has ZERO advantages over BTC any longer since ASICS are in the wild.

The entire point of LTC was that it offered the everyday person a way to attain coins via GPU mining. With that feature gone, what good is LTC?? BTC is gaining traction daily. It is being accepted by more and more merchants. If one mentions Bitcoin to the average Joe they probably couldn't tell you what it is but they have probably heard of it before. Not so with LTC or any of the other alts out there.

LTC has a great Dev team along with a great community. But it has already peaked. I feel sorry for those that are blindly following the advice that some members of the LTC community are giving in so far as telling them that "it's the right time to buy now!" or "Your crazy if you sell now". I shake my head when I see stuff like this. There is no justifiable reason for LTC to go anywhere but down at this point. It's a sad thing to have to say as I put a ton of money/time into it but I have a pretty good history of being in business for myself and I know when enough is enough and it's time to cut my loses. This is one of those times.

Yeah, there's no logical reason now why Litecoin should continue to be favored by the market. It had its place before for sure. But it would basically have to be a market failure if Litecoin continues to be the second place coin. That is of course unless the community does something about it. Which like I've said many times they should. All that money and dev talent that they could surely be putting to use is just wasting away unfortunately.

Ignoring competition doesn't make it go away. Oh, and Bitcoin is competition too. This isn't even just all about other altcoins. When you lose your primary differentiating feature over Bitcoin, what sense does it make to continue to hold? Bitcoin is improving albeit slowly. But the third party support is on fire. Lots of exciting things are being built on Bitcoin.

Litecoin supporters are exhibiting textbook cognitive dissonance. You seem to value your pocketbook over your emotions which is a good trait to have.

LTC as of now offers nothing that Bitcoin doesn't. Real silver has properties and uses that Gold doesn't, which is what makes it valuable. Litecoin has no reasons to use it over bitcoin, it has no features Bitcoin doesn't, no first mover advantage, no adoption, and a very ignorant community on Litecointalk(There aren't a lot of members anyway). All the whales have already cashed out, all that's left is Litecoin bagholders... Litecoin's time is over.