Why ETC/LTC is now so overvalued

[Prodigan786]

There is only one reason bitcoin transaction charge and confirmation time . So people are finding alternative for their transaction which is old and trustable

[Mia Wallace]

Everyone here is crying out loud that the price of Litecoin is undervalued for a very long time and there you are asking why it is over valued,litecoin is the only coin that is under performing for a very long time and recently we had a good move and hope that the rally continues till it crosses its all time best valuation.

[ridery99]

I think they areboth overvalued because of the uncertainty surrounding Bitcoin scaling issue, when this is resolved I can see both prices correcting back to normal. This is a good time for both Ethereum and Litcoin bagholders

Sound like we have a Bitcoin bagholder here  

You can still get on board this train brother

lol bitcoin bagholder sounds so awkward, there isn't such thing as bagholder of bitcoin, only altcoin can be worthless, i do agree that ETH is too high at the moment in price, but litecoin was way higher in the past it's not overvalued at all , check chart history to confirm this

Why would you want to hold something which doesn't work?

[kryptqnick]

Everyone here is crying out loud that the price of Litecoin is undervalued for a very long time and there you are asking why it is over valued,litecoin is the only coin that is under performing for a very long time and recently we had a good move and hope that the rally continues till it crosses its all time best valuation.

Exactly, it is rather undervalued than overvalued. Litecoin has fast transactions and Segwit activated which ,akes it safer than bitcoin. As for etc, it may become very popular if ethereum successfully switches to pos and miners will have to find what to mine next. As etc is the closest to eth, why not to mine this one instead? So, I guess, etc is an investment for the future events, whereas litecoin is just a good alternative to btc.

[Vivisector999]

Until after the Bitcoin fork, I think you will be seeing a constant rise in the few big safer coins to dump peoples BTC funds into, and I would imagine a big drop in value of BTC as that date nears.  Then after everything is properly forked over, everything will jump back to normal.  A good money making time for some, as fear is big business.

[tokeweed]

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.

This is totally and simply not true.  ETC has a good development team behind it placed by Charles Hoskinson.  There's another team of ETC developers out there who are as good working on the platform.  Plus there are other awesome contributors too like Elaine Ou.

ETC is still being developed the an open source way which how crypto should be developed, without any banking partners and all that ridiculous stuff.

LTC has the upper hand because it activated Segwit before Bitcoin.  If Bitcoin doesn't activate it, there are BTC developers who are willing to do the switch and develop in LTC because LN, Schnorr signatures and other stuff possible would be more interesting to them.

[MedaR]

What then you can say for ETH and ZCASH? They are overvalued and pumped extremely high.
 For all those who think this way like OP, my suggestion is to relax and join LTC and ETC ride. Most likely they will be very nice suprise after all. Can't give predictions  but i can tell overwhelming entusiasm can be felt in the air..

[NaXxow]

The real usage of bitcoins and altcoins is very clear, "Business". If you are against this, better to avoid this forum and crypto. Good or bad coins make the market fluctuates that makes traders and investors  earn or lose profit, isn't it wonderful? No hard feelings bro.

[gribble]

Ltc and ETC are fluctuating of price and today is time to sell positions for taking profit for long term profit
 i don't see anything about something new on litecoin and ETC
 it is like bubbles and speculation from the traders to getting profit from this situation
In my prediction it is just time to taking profit no more.

Exactly!


Do not be too greedy, take profit or cry latter

Yes you are right don't too greedy due to all of us never when the trend of price changed
if we get the profit it is time to taking profit,
and we can wait the next chance to entry market and open positions
or we can trade on other altcoins that has gives us good profit from there.

[25hashcoin]

OP, not only did you post lies, but you are quite obviously bitter and butthurt you did not buy ETC/LTC.

[dennyd999]

OP, not only did you post lies, but you are quite obviously bitter and butthurt you did not buy ETC/LTC.

You are totaly right. I sold my LTC. And will not buy it anymore.


I have Zcash and ETH  


Everyone who have LTC/ETC please enjoy the ride and sorry for anger and lies about fakes.  

LTC added on Bitstamp and Coinbase. Maybe in future Lee will create something with his own talant, inspiration and not just using other work.

But its chinese and they strategy is working. So why not. Everyone has own strategy.

[dennyd999]

What then you can say for ETH and ZCASH? They are overvalued and pumped extremely high.
 For all those who think this way like OP, my suggestion is to relax and join LTC and ETC ride. Most likely they will be very nice suprise after all. Can't give predictions  but i can tell overwhelming entusiasm can be felt in the air..

You can  still join Zcash ride it will be added on alphabay on 1 of July.
Pluss implmimentation with ETH throw Raiden Network.

But you are right no one can give predicitions. In longterm everyone is winner if cryptoworld will be developed further. 

[MedaR]

LTC and ETC gives me more security and they can only rise from now.

You can  still join Zcash ride it will be added on alphabay on 1 of July.

Zcash certainly has good technology behind it but i do not like corporate influence behind it. We have ZEN and ZCL instead. But it seems people don't care at all where they will invest, only important is to have some return, no metter how big risk is..

[asepsetiawan1990]

Litecoin developers take advantage of this opportunity to implement Segregated Witness into their protocols. Because Litecoin has the same protective protocol with Bitcoin it can technically be integrated. In addition, litecoin has a strong community and requires only 75% voting to activate Segregated Witness, while the largest Litecoin F2Pool pool shading 40% of hashrate has agreed to support Segwit. More interesting is that, according to the popes, although Litecoin on the technical side is a clone of Bitcoin, but the developer has a vision and mission different from Bitcoin. In addition, Litecin transaction fees and speed are faster than Bitcoin.

[GRR]

LTC is not overvalued. It has real uses and is often refered as silver when BTC is gold.

ETC seems to be however quite overvalued and my idea is that the current price is only composed of speculation/hype/FOMO. When all coins get pumped people search the least pumped and also pump them without any reason or according to any actual development, which is, only speculative. I wouldn't even think about buying ETC (as well as ETH which is also overly hyped).

[Prodigan786]

Whatever you say i just undervalued these coin then now i am regretting because i could have invest in these coins its just happened with LTC 25$ -46$ in a week of time and ether i don't say . Even i could buy and sold now also it would be good profit for me.