Anyone else get a similar email?
wtf?
Glad I'm not the only one. It is quite puzzling.
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Anyone else get a similar email?
wtf?
The one thing LTC has going for it that I love is the fast transaction time. Moving BTC around is just plain slow in comparison.
Saying that LTC lost "real value" due to ASIC's can't be true, if that was the case... BTC should by that statement have no value since the only thing keeping it's network up are the heavy hitters and big bankrolls behind them.
I'd love to see LTC spike back to 40 dollars, even for an instant. I'd cash out the 50 LTC I own and continue to mine VTC. Still remember the days of trying to milk every last BTC I could with dual 6950's when I could have bee mining LTC at something like 2000 coins per month. Hindsight eh?
So, I once had faith in LTC that it might become the "silver" to BTC's "gold"... not today! I'm out once and for all. I took a small hit on my holdings, but I'm done with LTC.... unless it shows some backbone like it had months ago, it has now just become another shitcoin. I'm done with it unless it starts recovering to .025 or .030 or something... (ya I know... "fat chance").
On a side note, I guess it's not exactly the best time to be one of those guys sitting and waiting for their KNC Titan to be delivered huh? I'm not one of those guys, but I can just imagine the thoughts going through their heads seeing their honey pot going south like this.
Good call. You're better off sticking to straight up BTC over LTC since there is no longer a difference between the two (sorry but a different algo that supports asics, 4x the coinage and 1/4 the confirm time are not features). BTC offers first-mover advantage, more brand recognition, and a greater infrastructure/capital investment than LTC.
Ya, I don't know what made me think that there might have been hope for it. I suppose it was partly the BTC-e trollbox.... you know the "I guarantee there will be a LTC pump within 2 weeks" crap that gets spewed every so often.
But, I forgot the first cardinal rule of BTC-e trollbox.... "Do not believe ANYTHING you read in BTC-e trollbox!"
Back again after a year, first cold front of the year is coming through this weekend and wondering if I should re-assemble the miner.
Anything worth mining via 7950s anymore? Could never sell my cards.
Not fun to see my million dogecoin value has completely tanked, so much for retirement, lol
It was worth $1000 at one point but nooo, I just couldn't sell, silly me.
How did you ever expect it to go higher than the 250ish satoshi's it was at? There were/are literally tens of millions of them being mined every day. It's the same with bitcoin, there just isn't enough money going in anymore to keep the value really high.