Post
Topic
Board Altcoin Discussion
Re: Haven't looked at Litecoin for a while noticed its at $4 ?
by
johnnyrocket
on 22/09/2014, 09:42:16 UTC
I wasn't buying Litecoin at $10, or $7, and I'm not buying it at $4. Trying to catch a falling knife is unlikely to be successful.

I wouldn't even pay $1 for it - it's a FORK of BTC with almost no merchant coverage and it arguably is abandoned when we consider Charlie Lee left full time development to pursue a salaried job at Coinbase.

Haven't bought any BitsharesX either - everyone knows that BitsharesX volume was almost entirely in China and by private funds / ponzi scheme investors.


Abandoned lol , have you ever considered Charlie is at Coinbase and pushing for litecoin support?

Lol are you stuck in a time loop?  He's been at coinbase for ages now and it still hasn't accepted LTC yet.


The biggest issue in my view is its relative lack of ongoing, independent development. What innovation have we seen from Litecoin?