Question to litecoin bagholders

[ridery99]

Why you hold bags of coin which is dead and not being developed? Everything else on the moon and making investors rich, what's the reason to hold that cheap dead coin?

[richardfisk]

Why you hold bags of coin which is dead and not being developed? Everything else on the moon and making investors rich, what's the reason to hold that cheap dead coin?

Litecoin is still being developed and I can ensure with you that. Miniers are still mining litecoin everyday and developers are doing their best to develop this coin

[talkbitcoin]

Why you hold bags of coin which is dead and not being developed? Everything else on the moon and making investors rich, what's the reason to hold that cheap dead coin?

define dead first and not being developed.
a coin that had recently taken a huge step forward in its entire history with activation of SegWit. fixed the malleability issue and open up way for a lot more features to come.
a coin that the developers are working on Lightning Network for it.
a coin that the developers are working on anonymous transactions on it.
a coin that has been around for nearly as long as bitcoin and kept the trading volume up and had a very stable price all along.

if litecoin is dead then i don't know which altcoin is alive by your standard

with that said i hold nothing in LTC at the moment. i am getting rich with other altcoin pumps

[Route66Retro]

If you truly believe that LTC is dead, then you haven't been paying attention.

[umbara ardian]

Litecoin is still being developed, there is no dead word for this coin, the developers continue to make progress on this coin.

[andyf]

I'd also be interested in how you arrived to the conclusion that LTC was dead? I mean this question honestly.

But also – does anyone have some good insights on why LTC is, in my opinion, undervalued?

[Jeger.Kiting]

Why you hold bags of coin which is dead and not being developed? Everything else on the moon and making investors rich, what's the reason to hold that cheap dead coin?

Litecoin is still being developed and I can ensure with you that. Miniers are still mining litecoin everyday and developers are doing their best to develop this coin

I am also confident in the endurance of LTC in the market, it signifies the developer will be very serious to take care of this coin and always keep the commitment of the coin holder that you say dead until now.

[Red-Apple]

I'd also be interested in how you arrived to the conclusion that LTC was dead? I mean this question honestly.

But also – does anyone have some good insights on why LTC is, in my opinion, undervalued?

exactly my two questions after seeing this topic!
specifically the later.

i don't understand why LTC is undervalued right now either.
the pump was a disappointment, it went up to 0.022 only and came down. and there was a huge hype about it.
maybe it is other altcoins sucking all the attention! maybe not.

and the weirdest part is that LTC is actually being used as a currency!
i mean look at this list: https://litecoin.com/services it is huge. and compared to all the other altcoins which have no real usage LTC is king!

[shyliar]

Why you hold bags of coin which is dead and not being developed? Everything else on the moon and making investors rich, what's the reason to hold that cheap dead coin?

You sound like you're stuck in 2014. Time to move on.

[eternalgloom]

They just got Segwit activated, so I wouldn't call Litecoin dead, it's under active development.

Have a look at their roadmap for 2017: https://litecoincore.org/

[giveen]

I normally buy coins just to increase but bitcoins by trading i saw that suddenly ltc was increasing and had reached 5$ so i decided you know what it is soon going to be pumped. I put half of my coins in it and waiting till price reached 25$ sold all , now I'm just waiting for price to fall again and hold maybe 20 more coins and wait.

[andyf]

Anyway I just can't see what would have to happen for LTC to raise significantly above the market average. If LTC goes up 10x, BTC will most probably go up more than 10x so it seems that the right course of action is to sell LTC and buy BTC.

(Source: http://woobull.com/crypto-currency-index-funds-the-simulations-have-surprising-results/)