Will Litecoin die?

[charlie137]

Not soon. I feel they'll stay fine upto around 2050 and will die due to no one using it as modern coins with better technology and security replaces them.
We know it, Litecoin, Bitcoin as well as all that depends on mining will die.

itl happen in a few years with quantum hex

[eyesopen]

According to the internet ( http://mashable.com/2017/12/20/litecoin-charlie-lee-cryptocurrency/#4wvTq4wUvqqw ) the Litecoin creator sold all his assets of his own currency.

I think this might be a bad sign for the long term price development, what do you think?

false!
look at the value of litecoin as i type this on bittrex it is around $250
it has not suffered from that charlie lee news
actually its old news now.

[kingpes14]

He did that just to be more decentrailsed coin, litecoin will have very big news in 2018. Litecoin in 2018 will be more powerfull than before, litecoin just gone to be more powerfull..

[shursight]

And this is a reason to think that litecoin is going to die? Of course not.

the Litecoin creator sold all his assets of his own currency.
I think this might be a bad sign for the long term price development, what do you think?

If you develop a coin, and it went up by more than 1000 times since you created it, wouldn't you feel tempted to sell it to have your own profit?

I think that he really deserve that money, do not be greedy.

He created that altcoin and a lot of people made incredible profit from that one.

[Hamphser]

According to the internet ( http://mashable.com/2017/12/20/litecoin-charlie-lee-cryptocurrency/#4wvTq4wUvqqw ) the Litecoin creator sold all his assets of his own currency.

I think this might be a bad sign for the long term price development, what do you think?

false!
look at the value of litecoin as i type this on bittrex it is around $250
it has not suffered from that charlie lee news
actually its old news now.

This is not actually old as we have seen the tweet is on Dec. 20,2017 which is a few weeks old which means we don't even know if he mean that tweet on selling out his LTC or just making some bluffs or what but regarding on its recent or current price as of writing I don't see any major movements signifies on the possible actions that he would made of. I don't think that Litecoin will die if we do try to track after all these years. Even how many coins does Charlie lee have.

[aeternus]

According to the internet ( http://mashable.com/2017/12/20/litecoin-charlie-lee-cryptocurrency/#4wvTq4wUvqqw ) the Litecoin creator sold all his assets of his own currency.

I think this might be a bad sign for the long term price development, what do you think?

Yes, he sold his litecoin, and yet the market did not react that much, so it is safe to say this news did not had a short term effect on litecoin holders, we do not know the long term effects, but it is safe to say that if there was going to be a run against litecoin the perfect moment was when he sold and in my opinion nothing significant happened so litecoin is going to be fine.

[khendjer]

According to the internet ( http://mashable.com/2017/12/20/litecoin-charlie-lee-cryptocurrency/#4wvTq4wUvqqw ) the Litecoin creator sold all his assets of his own currency.

I think this might be a bad sign for the long term price development, what do you think?

Vitalik Buterin did the same with his ethereum and look at the ethereum price now, not bad isn't it? Besides no one said Charlie didn't buy litecoin again right after the sell or once price went a bit down, right? So there is no reason to worry about

[bitcoinvestor]

Litecoin has a lot of miners. The thread is not brought with proof. It just a claim from unknown person. bETTER not to listen to the statement. if he is a  well known developer, I may listen to his statement.

[sebinator]

In my opinion Litecoin is just like Bitcoin Cash, it is just an other version of Bitcoin with minor changes which BTC could also do in near future (LN).

[Freegan]

That news is not new, it has many days of that event. But it is well known that such actions tend to occur with some frequency. There have been people committed to many cryptos who sell their coins overnight announcing their disappointment, and in fact that same thing has happened to the bitcoin several times with no relevant consequences. In my case I really believe that the future of Litecoin is brighter than ever before the ineffectiveness of bitcoin to carry out micro transactions that other altcoin do can, such as ethereum, litecoin and ripple.

[shuja]

“Litecoin gave 5,200% return in 2017 in comparison to 1,400% by bitcoin.”
Finely said by an article.
According to me, I see a good future of litecoin in the nearest and the farthest future. Though there have been news of it’s big sell out, one has to pay 250$ to buy a litecoin(on poloniex). Plus, in the last 24 hours it has made a profit of 12%. I personally give Litecoin a green flag and may this 2018 yield a lot of money from and for Litecoin.

[BigBoy89]

According to the internet ( http://mashable.com/2017/12/20/litecoin-charlie-lee-cryptocurrency/#4wvTq4wUvqqw ) the Litecoin creator sold all his assets of his own currency.

I think this might be a bad sign for the long term price development, what do you think?

This is old and as you can see, Litecoin is not only get but got another 10% today.

IMO LTC will only grow because more and more business are adopting it due low fees.

[cris17]

“Litecoin gave 5,200% return in 2017 in comparison to 1,400% by bitcoin.”
Finely said by an article.
According to me, I see a good future of litecoin in the nearest and the farthest future. Though there have been news of it’s big sell out, one has to pay 250$ to buy a litecoin(on poloniex). Plus, in the last 24 hours it has made a profit of 12%. I personally give Litecoin a green flag and may this 2018 yield a lot of money from and for Litecoin.

Can't disagree with you... Litecoin has a great future if there will be a great team behind it - in 2017 LTC showed us really good results.

[maeusi]

Litecoin is with Dogecoin the longest dying currency, we we ever saw and even multiplied. But for serious. Why should it die? Its algo is fine and its tradable on a huge number of exchangers and services.

[rezurect]

Litecoin is with Dogecoin the longest dying currency, we we ever saw and even multiplied. But for serious. Why should it die? Its algo is fine and its tradable on a huge number of exchangers and services.

And thats about all it has, a lot of support from exchanges and a big community. But I don't like the development surrounding litecoin.

[xuan87]

Yeah it's a bad news and usually when the coin abandon by the developer it will be bad for the coin, but up until now the market of litecoin still in good condition, the developer is not the only factor that make the coin become successful, I still see litecoin as a great coin, so I don't think litecoin will die soon

[romec1701]

He sold his stake so that he could not be accused of manipulating price with his comments for his own advantage. It was a wise move now people take what he says seriously...

I think I will be buying some soon.

[rehydrogenated]

I think litecoin is falling behind. At one point the project was cutting edge but the dev team is just not doing enough development to keep it relevant.

[cryptohunter]

he sold to his brother everyone knows this

[Arata]

I think it's just a hoax news only, fixed litecoin always have the fans though not as much as the other coins. Hence it will not be possible if the litecoin dead.