Post
Topic
Board Altcoin Discussion
Re: Why ETC/LTC is now so overvalued
by
DieJohnny
on 18/06/2017, 12:36:41 UTC


I wonder myself what make ETC/LTC grow?

ETC is not in any development , not in any national program or bank. It have absolutely no usage and it is garbage that allready cost more than 20$


LTC the same garbage with copy-code from Bitcoin Core. And in fact FAKE Bitcoin clone copy.

And every ETC/LTC holder just bla-bla-bla-bla how undervalued this coins in. wtf?


But in fact can somebody explain me why they are growing?

I do not see any real usage except miners buy/sell orders. Also speculative daily traders.


Also the main thing why I am asking because people behind this coins do absolutely nothing.

ETC/LTC it is not own project. It is a fake copy of excisting in the market succesfull coins like BTC and ETH

There is no real developers behind both ETC/LTC.


Its completely insane to buy it.


Have anyone other opinion why should I buy it?


SHOW ME REAL USAGE.


SHOW ME OWN DEVELOPMENT OWN IDEAS OWN CREATIONS

I SHOW YOU CASH THAN

LTC actually has real usage that is similar to bitcoins real usage. In the minds of millions LTC is the only coin alternative to bitcoin that they can relate to, every other coin is too abstract for the average consumer. ETC is only worth something because it is an alternative to ETH.

I agree that ETC valuation is baffling. I see no reason anyone would ever choose ETC over ETH or EXP or any other ETH clone, makes zero sense. There is an ETF built on top of ETC so it has that, there is also the fact that a lot of original ETH holders have kept their ETC giving it value, but I don't see how it stays alive.