LitecoinClassic = High risk High reward

in bitcoin •  7 years ago  (edited)

With the recent fork of Litecoin, one of the best performing coins of 2017

 


Comes Litecoin Classic, promising NO MORE MINING!, far faster transactions and solving the scalability issues


The only question is : Can they deliver or are they scamming us?
 

The dev team are doubling down on their promise even offering 0% fees, and if they can get half of what they promise to become true we could be seeing one of the most promising coins for everyday use

Right now 2 of the biggest critics towards Bitcoin are :

  • The big fees any transactions takes (also the waiting time for transactions)

  • The massive amount of electricity that is used Worldwide to mine Bitcoin (combined with ETH around 0.19% of the world's supply of power)

So is understandable that Litecoin Classic would try to solve them and get a lion's share of the market as a result
Can they do it? the devs have remained anonymous so we can only wait and see their work.

Litecoin Classic is at 4.0 USD at yobit :
https://yobit.net/en/trade/LCC/USD

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Lion's share sounds good to me!

We just need to see if they are kittens or lions

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thanks ! :D

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin11819.500$6.2%36.71%
ETHEthereum937.003$-1.04%10.67%
LTCLitecoin245.090$8.95%54.6%

Hey there little bot!
I was actually referring to
BCC
ETC
LCC