Litecoin is officially dead

[Snaic]

We must agree that the Litecion coin is not active and is far from perfect. However, it is traded and it has a certain demand. Its fate will depend on those activities related to the crypto currency, which are now being carried out by the Chinese government, since it is believed that this is a Chinese coin. So we'll see in a few months. However, it can be unequivocally stated that litecoin is not dead.

[shyliar]

Here's an interesting fact. The litecoin subreddit took from a little over 5 1/2 years to reach 30,000 members (as of June 6th 2017). At the current rate of increase in membership, it will reach 60,000 members before the end of September. Doubling membership in just under four months.

http://redditmetrics.com/r/litecoin

Seems like some folks are very interested. This is also demonstrated in the large increase in transactions, 11 times the network hashrate and 1400 percent increase in value in the past 6 months. Despite all this interest some people are still expressing their opinions from 2013. Guess it's tough to keep up.

[Bellator]

We must agree that the Litecion coin is not active and is far from perfect. However, it is traded and it has a certain demand. Its fate will depend on those activities related to the crypto currency, which are now being carried out by the Chinese government, since it is believed that this is a Chinese coin. So we'll see in a few months. However, it can be unequivocally stated that litecoin is not dead.

Actually I believed that litecoin isn't that dead yet, because the current situation at china government was just spreading rumors about bitcoin which has been affected a lot with digital currencies. For now litecoin still kicking in the market and demand for the coin is still going to rise for more time as people will really have to hold of it's coin amount.

[go4crypto]

Litecoin is in the top 10 coins for good reasons and is better than plenty of ICOs
or other pumped coins. It is  like silver to gold (Bitcoin) relation.

[25hashcoin]

It is  like silver to gold (Bitcoin) relation.

Dumbest phrase ever uttered. LTC is pure shitcoin.

[FarmerOak]

With how fast crypto moves, it's amazing how many of these threads seems so silly in retrospect.

[vurasasog]

With how fast crypto moves, it's amazing how many of these threads seems so silly in retrospect.

As long as long they seems wise during a specific time, it is fine.

[candymonkey]

It does not seem to be a very good hedge against any currency, nor can I spend them anywhere.

What utility does it offer? What does it have that makes it desirable ?

I do hope we get some alt coins that actually offer utility that warrants their use, but I don't see it in litecoin.

Faster confirmation time doesn't matter, most businesses that accept crypto accept bitcoin with 0 confirmations and don't get ripped off.

[BlockchainGod]

It would be interesting to see what this guy will say now I always believed in LTC, I bought it for$ 3, bought for 11$ and buy now, because its price is 100$ at least!

[yogesh01]

 something it offers, that's There are stores Worldwide that accept Litecoin.from here over the next few weeks and go below the price of Litecoin.

[Blakscorpion]

You probably don't know the definition of "officially"...

For sure it doesn't mean "In my opinion"... I let you do your research...

[tarlok01]

Its not really dead but it seems like its not working the way it should be. Litecoin are bit slower then others but early stage they worked well and they would be after some time.

[richierich]

Its not really dead but it seems like its not working the way it should be. Litecoin are bit slower then others but early stage they worked well and they would be after some time.

Its not dead yes. Do the research now. They are as speed as when they started. Coinmarketcap site confirms the stability and its growth ratio. The value is still high, almost nearing bitcoin cash. This confirms that Litecoin is so active. The competitors’ values are so high, it does not mean, they have totally gone down. They are with the same speed, they need to increase totally in everything to be equal to its competitor.

[Nerman]

I do not know about this in my view litecoin is one of the most established coin in the market. There are more coins that would die before litecoin. If i were you just hold your litecoin because the price is still on an upward trend. I know it is slow but still it the price is upwards.

[Smoikata]

I do not think so. LTC will soon return its market positions.

[senzacionale]

I would not say it is officially dead but the price is going low. Maybe it's not that promising anymore. Noone knows what's its future ahead.

[gipbkt]

So everyone who have litecoins should sell them as soon as possible??
Isnt there any possibility for its price to rise again??

[kakusnice]

The price of Litecoin is doing it's thing, nothing special to see here. I am not getting why people are that surprised that the price went up to $8+.
I thought that people liked chikuns?

[maxyotz]

It's mentioned op lotecoin is officially dead in 2014 now it's value around 30 $ . Now think if you would have buy litecoin instead posting baseless thing OP would be multi millionaire

[allthingsluxury]

Best dead cat bounce, EVAR!