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Author Topic: Litecoin Cash was no scam  (Read 514 times)
Nakarato (OP)
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October 01, 2021, 10:37:01 AM
Last edit: October 12, 2021, 11:27:06 PM by Nakarato
 #1

Litecoin Cash never was a scam.

Let me say it again: Litecoin Cash was no scam!

Forbes Magazine, CNBC, Fortune, Nasdaq - All they were wrong!

Check it by yourself.
Educate yourself.
Invest.

Here is the tweet (scroll below) from Charlie Lee that involuntery led to crash of Litecoin Cash for years: https://www.financemagnates.com/cryptocurrency/news/litecoin-cash-scam-legit/

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Nakarato
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October 01, 2021, 11:08:16 AM
 #2

Litecoin Cash never was a scam.

Let me say it again: Litecoin Cash was no scam!

Forbes Magazine, CNBC, Fortune, Nasdaq - All they were wrong!

Check it by yourself.
Educate yourself.
Invest.

-

Nakarato
who says that this is a scam? why are you so protective?  is there any reason why a Newbie account  is clearing this up here?
don't they have formal representative to tackle this clearly ?

Well why should i care when i have no interest in investing for this Litecoin cash?









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October 01, 2021, 11:49:11 AM
 #3

I'm still holding my litecoincash but I'm confused why you created this post without pointing to where the project is been accused of been a scam, litecoincash is a good altcoin but things have been slow down when it comes to development, still the patience dog eats the fattest bones, pls try to update where it's been called scam probably put up a link?

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October 01, 2021, 11:56:56 AM
 #4

You can explain what reason that makes this shit coin was not a scam. https://coinmarketcap.com/currencies/litecoin-cash/markets/

I can say this is a scam coin. There are some reasons why i was calling this as a scam.

1. No liquidity

2. Traded on the shit scam exchange site like yobit

3. This is just another useless fork coin with no utility

Those reasons more than enough to explain why that's a scam coin. Feel free to hear what's your opinion about this shit scam coin. Investing in this scam? The worst thing that i have ever heard.

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October 01, 2021, 12:03:01 PM
 #5

Not defending anyone, but a project who uses another successful project's name? Like Bitcoin and then we have Bitcoin Cash? We all know what happens to the latter though, no support from the community and the people behind have been branded as scamming people around because they pretend to be the true Bitcoin?

This might be the case here and that's why investors think that this is just another scam projects that is taking advantage of Litecoin's name.

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October 01, 2021, 12:27:55 PM
 #6

So you're answering this more than 3-year old article?

https://www.forbes.com/sites/karlkaufman/2018/02/27/the-creator-of-litecoin-sends-a-warning-about-litecoin-cash/?sh=6a528efe5487

It's Charlie Lee that has that feeling so prove it to him after going out when it's been said years ago.

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Nakarato (OP)
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October 01, 2021, 12:48:30 PM
 #7

So you're answering this more than 3-year old article?

https://www.forbes.com/sites/karlkaufman/2018/02/27/the-creator-of-litecoin-sends-a-warning-about-litecoin-cash/?sh=6a528efe5487

It's Charlie Lee that has that feeling so prove it to him after going out when it's been said years ago.

Yes.

It is right, there are a lot of scams out there.
Charlie Lee want to be careful and had warned the people of scams.
And Forbes, CNBC and other magazines immediately devaluate Litecoin Cash as a scam.
But Charlie Lee only wanted to warn for Litecoin fake forks generally and people should be careful to tip the private key.

He could not guess that Litecoin Cash would be an amazing project without his team.
No one could guess that, everyone was careful.
That's why LCC was down for years.
And now, Litecoin Cash is becoming the little brother of Litecoin.
This is the reason why LCC was going 10x in May 2021.
And it is correlating with Litecoin since 2021.
People are waking up.

-

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October 01, 2021, 12:54:56 PM
 #8

Not defending anyone, but a project who uses another successful project's name? Like Bitcoin and then we have Bitcoin Cash? We all know what happens to the latter though, no support from the community and the people behind have been branded as scamming people around because they pretend to be the true Bitcoin?

This might be the case here and that's why investors think that this is just another scam projects that is taking advantage of Litecoin's name.

I totally understand.
Bitcoin Cash is not the true bitcoin, but it is the brother.
It is the brother, cause BCH was born in the bitcoin family.
And the brother was one successful, for reasons.
The same is happening now with Litecoin Cash.

And thats the point.

-

Nakarato

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October 01, 2021, 01:02:41 PM
 #9

Not defending anyone, but a project who uses another successful project's name? Like Bitcoin and then we have Bitcoin Cash? We all know what happens to the latter though, no support from the community and the people behind have been branded as scamming people around because they pretend to be the true Bitcoin?

This might be the case here and that's why investors think that this is just another scam projects that is taking advantage of Litecoin's name.

I totally understand.
Bitcoin Cash is not the true bitcoin, but it is the brother.
It is the brother, cause BCH was born in the bitcoin family.
And the brother was one successful, for reasons.
The same is happening now with Litecoin Cash.

And thats the point.

-

Nakarato


What?! A brother? I don't even consider it in the bloodline of Bitcoin.  Grin
The same goes for LTC Cash. Creating a name that is obviously a copycat of BCH in the Bitcoin blockchain. Who is going to support it?
Look at BCH having a hard time receiving support. They just became a milking cow from the airdrop and afterward, they were left in the darkness.
What's next? A sister of Bitcoin and Litecoin named BTCdog and LTCdog? Let's stop this and just focus on the main branches of cryptocurrency. (Science)
Nakarato (OP)
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October 01, 2021, 01:08:11 PM
 #10

You can explain what reason that makes this shit coin was not a scam. https://coinmarketcap.com/currencies/litecoin-cash/markets/

I can say this is a scam coin. There are some reasons why i was calling this as a scam.

1. No liquidity

2. Traded on the shit scam exchange site like yobit

3. This is just another useless fork coin with no utility

Those reasons more than enough to explain why that's a scam coin. Feel free to hear what's your opinion about this shit scam coin. Investing in this scam? The worst thing that i have ever heard.

to 1. : There is no liquidity, cause people thought all the years it was a scam. But it was no scam look at my posts before in this thread.

to 2. : It is not easy to get on the big exchanges, but they are working on. The team is so hard focused on developing Litecoin Cash.

to 3. : Look at the Hashrate and other key factors and one day you are waking up and understand.

-

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October 01, 2021, 01:15:48 PM
 #11

Not defending anyone, but a project who uses another successful project's name? Like Bitcoin and then we have Bitcoin Cash? We all know what happens to the latter though, no support from the community and the people behind have been branded as scamming people around because they pretend to be the true Bitcoin?

This might be the case here and that's why investors think that this is just another scam projects that is taking advantage of Litecoin's name.

I totally understand.
Bitcoin Cash is not the true bitcoin, but it is the brother.
It is the brother, cause BCH was born in the bitcoin family.
And the brother was one successful, for reasons.
The same is happening now with Litecoin Cash.

And thats the point.

-

Nakarato


What?! A brother? I don't even consider it in the bloodline of Bitcoin.  Grin
The same goes for LTC Cash. Creating a name that is obviously a copycat of BCH in the Bitcoin blockchain. Who is going to support it?
Look at BCH having a hard time receiving support. They just became a milking cow from the airdrop and afterward, they were left in the darkness.
What's next? A sister of Bitcoin and Litecoin named BTCdog and LTCdog? Let's stop this and just focus on the main branches of cryptocurrency. (Science)

Yes, Litecoin Cash was the 1st fork of Litecoin.
The blood is real.

If you don't believe me the project is great, take a look on the whitepaper.

-

Nakarato
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October 01, 2021, 01:17:44 PM
 #12

I don't hear anyone said that Litecoin Cash was a scam, all average person here know that the Litecoin Cash is a Fork of Litecoin with much improve features and supply (that's what I know, not sure) They can just take a look at https://coinmarketcap.com/currencies/litecoin-cash/ to see the market cap and volume.

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October 01, 2021, 01:44:17 PM
 #13

I don't hear anyone said that Litecoin Cash was a scam, all average person here know that the Litecoin Cash is a Fork of Litecoin with much improve features and supply (that's what I know, not sure) They can just take a look at https://coinmarketcap.com/currencies/litecoin-cash/ to see the market cap and volume.

Or maybe, he's hearing that this coin is a scam owed to those who bought this coin at its ATH of about $4 way back in 2018, and now it is nowhere near to that price. And I don't think it will even go to $1. The trading volume is very small and I am guessing by next year, this will go down more. Unless, you've heard something from their dev team if they can revive this project. Most forks of popular alts are slowly dying because they have no reason to exist in the first place.
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October 01, 2021, 05:50:56 PM
 #14

I don't hear anyone said that Litecoin Cash was a scam, all average person here know that the Litecoin Cash is a Fork of Litecoin with much improve features and supply (that's what I know, not sure) They can just take a look at https://coinmarketcap.com/currencies/litecoin-cash/ to see the market cap and volume.

Or maybe, he's hearing that this coin is a scam owed to those who bought this coin at its ATH of about $4 way back in 2018, and now it is nowhere near to that price. And I don't think it will even go to $1. The trading volume is very small and I am guessing by next year, this will go down more. Unless, you've heard something from their dev team if they can revive this project. Most forks of popular alts are slowly dying because they have no reason to exist in the first place.

You hear a lot about the dev team.

Take a look:

https://www.reddit.com/r/LCCofficial/hot/

https://twitter.com/LitecoinCash

https://litecoinca.sh

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October 01, 2021, 07:20:30 PM
 #15

You can explain what reason that makes this shit coin was not a scam. https://coinmarketcap.com/currencies/litecoin-cash/markets/

I can say this is a scam coin. There are some reasons why i was calling this as a scam.

1. No liquidity

2. Traded on the shit scam exchange site like yobit

3. This is just another useless fork coin with no utility

Those reasons more than enough to explain why that's a scam coin. Feel free to hear what's your opinion about this shit scam coin. Investing in this scam? The worst thing that i have ever heard.

to 2. : The main exchanges for Litecoin Cash are HitBTC, STEX and SouthXchange.
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October 01, 2021, 07:32:30 PM
 #16

You can explain what reason that makes this shit coin was not a scam. https://coinmarketcap.com/currencies/litecoin-cash/markets/

I can say this is a scam coin. There are some reasons why i was calling this as a scam.

1. No liquidity

2. Traded on the shit scam exchange site like yobit

3. This is just another useless fork coin with no utility

Those reasons more than enough to explain why that's a scam coin. Feel free to hear what's your opinion about this shit scam coin. Investing in this scam? The worst thing that i have ever heard.

to 1. : There is no liquidity, cause people thought all the years it was a scam. But it was no scam look at my posts before in this thread.

to 2. : It is not easy to get on the big exchanges, but they are working on. The team is so hard focused on developing Litecoin Cash.

to 3. : Look at the Hashrate and other key factors and one day you are waking up and understand.

-

Nakarato

Your points doesn't count, if new projects can get listed on better exchanges in a year I don't see why litecoincash failed here, where every good altcoins are implementing new use cases like DeFI and NFT litecoincash Devs did nothing, I'm glad I sold the coin years back, big loss to those who bought at 4$ since 2018 cos even while BTC hit 65k this year the coin failed to move up, big failure IMO
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October 01, 2021, 07:41:37 PM
 #17

Your points doesn't count, if new projects can get listed on better exchanges in a year I don't see why litecoincash failed here, where every good altcoins are implementing new use cases like DeFI and NFT litecoincash Devs did nothing, I'm glad I sold the coin years back, big loss to those who bought at 4$ since 2018 cos even while BTC hit 65k this year the coin failed to move up, big failure IMO

Litecoin Cash is a store of value, like Bitcoin, Litecoin and Bitcoin Cash.

While Bitcoin hits 65k this year, Litecoin Cash makes more than 10x at this time and correlating with Litecoin  Wink

Take a look on Coinbase or CoinMarketCap.

Have still a nice day.

-

Nakarato
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October 01, 2021, 07:45:16 PM
 #18

to 1. : There is no liquidity, cause people thought all the years it was a scam. But it was no scam look at my posts before in this thread.
to 2. : It is not easy to get on the big exchanges, but they are working on. The team is so hard focused on developing Litecoin Cash.
to 3. : Look at the Hashrate and other key factors and one day you are waking up and understand.


Traders always like to take risks be it shitcoin, low volume, or something along those lines.

The fact that it isn't able to create good liquidity means it is far worst from being a shitcoin. If you truly believe in the project, then so be it. It's fine to spread awareness about a coin but while doing that, include your own educating stuff explaining the fundamentals of that coin.

And lastly, don't encourage anyone to invest. It's a form of shilling. Let them decide on their own. Saying a certain coin will reach 10x growth is a form of shilling already.

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..CASINO....SPORTS....LOTTERY..
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livingfree
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October 01, 2021, 09:04:41 PM
 #19

So you're answering this more than 3-year old article?

https://www.forbes.com/sites/karlkaufman/2018/02/27/the-creator-of-litecoin-sends-a-warning-about-litecoin-cash/?sh=6a528efe5487

It's Charlie Lee that has that feeling so prove it to him after going out when it's been said years ago.

Yes.

It is right, there are a lot of scams out there.
Charlie Lee want to be careful and had warned the people of scams.
And Forbes, CNBC and other magazines immediately devaluate Litecoin Cash as a scam.
But Charlie Lee only wanted to warn for Litecoin fake forks generally and people should be careful to tip the private key.

He could not guess that Litecoin Cash would be an amazing project without his team.
No one could guess that, everyone was careful.
That's why LCC was down for years.
And now, Litecoin Cash is becoming the little brother of Litecoin.
This is the reason why LCC was going 10x in May 2021.
And it is correlating with Litecoin since 2021.
People are waking up.

-

Nakarato
The comparison of LCC and LTC is like BTC and BCH.

Do you think that the community likes to have the fork as a brother of the main crypto? I don't think so. But anyway, if you've put much of your money on this coin.

Can't say anything to you but good luck.

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crzy
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October 01, 2021, 09:38:25 PM
 #20

Its not a scam but many believes a hard fork tokens are not that good since they just copy the name of the original and many believes this is a way to scam people, well you cannot blame them for thinking like this since everyone of us have our own standard on investing. Litecoin cash might not be a scam, but I’d rather but LTC alone than to its hard fork.
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