RE: LiteCoin (LTC): BREAKOUT!!

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LiteCoin (LTC): BREAKOUT!!

in litecoin •  7 years ago 

Litecoin is having a fork, some call it a scam, do your due diligence.

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Maybe it is a sign that the coin is mature and worth duplicating. 🤔

I don't get why people call it a scam. It is open source code and some developers have decided to try and take the coin in a different direction. How is that different from Bitcoin Cash ? In that scenario it wasn't the main developers forking a new coin but again some developers wanting to take it in another direction.

That being said I like Litecoin because it uses a different algorithm and is lightning fast, so prefer the original, but free crypto is free crypto !

Some have also called Bitcoin Cash a scam. True or not, some people have their minds made up and are hodling to their version of the truth (and their approrpriate coin ;-) )