Post
Topic
Board Altcoin Discussion
Re: Litecoin is officially dead
by
harposox
on 07/07/2014, 05:42:48 UTC
And yet a coin like Bitmark(https://bitcointalk.org/index.php?topic=660544.0) has managed to get an scrypt coin codebase going based off the latest version of Bitcoin in less than a month with one unfunded developer? Wow. 300 mil market cap sure bought a whole lot of nothing. Sad
Quote
Alt coins are products. Copying some code is merely the first step in the long process of creating a viable product; it's meaningless without marketing, distribution, market penetration, consumer adoption, etc. Litecoin is light years ahead of its competition in all of these areas. This is the real world, not some college tech lab.

Quote
Why aren't Litecoin holders more angry at this point? Why hasn't there been a mutiny or something to save the coin?

There's nothing to "save." Litecoin is perfectly fine. Being so price-obsessed misses the point. Litecoin will rebound, skyrocket, and then wither again... rinse, repeat. Not an interest/investment for the faint of heart, or for short-term thinkers. Price matters, but we're in the early days of a paradigm-shifting technology – shit's going to be uncertain, and extremely volatile, for a long ass time.