Post
Topic
Board Altcoin Discussion
Re: Why ETC/LTC is now so overvalued
by
maku
on 18/06/2017, 13:06:16 UTC
I wonder myself what make ETC/LTC grow?
Both are cryptocurrency and people are looking to invest in crypto, some investors think that Bitcoin is alredy too expensive to buy therefore they seek for other 'solid' choices.
And here goes Litecoin and Ethereum, somewhat stable coins but not as 'overpriced' as Bitcoin.

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$
ETC is a relic of lost war. It is more like mascot or lucky charm for people who refused to give up.

LTC the same garbage with copy-code from Bitcoin Core. And in fact FAKE Bitcoin clone copy.
One can argue that Litecoin is upgraded bitcoin and that Litecoin's initial distribution is equally as good as Bitcoin's.
After all, Lee didn't mine thousands of Litecoins for himself before the project even started.