/biz/ - Business & Finance

Remember Goyim: just SODL it

just hodl goyim

You know what time it is, it's to HODL!

> why is this piece of shit mooning?
Because BTC has finally resolved itself to commit suicide and LTC is viewed as a substitute that's supposed to be the "digital silver"? It doesn't matter how dumb it sounds, in crypto anything is possible.

Why is it called LTC Cash? It should be called LTC Bronze. LTC was created because BTC was minted only in 5kg bars, which is too expensive for some, so Charlie Lee then invented LTC for people who want digital gold in 1.25kg bars. Now LTC Cash is minting 0.125Kg bars and is the most affordable crypto!

1) "Litecoin Cash is a scam!"
Charlie Lee tweeted something like this out before the fork and that was apparently that for most folks but no one ever states HOW it's a scam, just that it IS one. The simple fact of the matter is that it's NOT. Why? Because they asked nothing of you, unlike an ICO where you are required to send funds to participate. In fact, the Litecoin Cash team has been VERY transparent about HOW and WHY you should move your coins first and then SAFELY participate in the fork. If you didn't follow the many many many directions and ended up losing your LTC then that is entirely your fault.
2) "There's only 1 exchange and it's locked! It's a scam!"
This one kills me. Yes, it's true Yobit was the first exchange to have LCC and yes, as of this post, their wallet is still locked down so we cannot deposit. This is not the fault of LCC it is the fault of Yobit, who has quite a history of lackluster performance and shady practices. Also, it IS currently possible to trade, deposit, and withdraw LCC at Meanxtrade, however the prices aren't near Yobit's so people are getting salty about "missing out on profits." Remember how these coins were free and cost you nothing? Relax, you're not losing any money plus they have stated numerous times that the other exchanges listed on the official website are currently in the process of configuring the wallet. These things take time, regardless of how quick you think YOU can do it.
3) "The dev team is never around and never responds!"
Highly untrue, perhaps you are looking in the wrong places for information? There is a very lively and active Discord channel which you can find listed on the official website. Join it, and ask your questions there. The dev team is regularly in the chat rooms but more importantly THEY HAVE DEVELOPMENT WORK TO DO so most of their time will not be wasted answering your questions that are likely already in a FAQ or posted somewhere to be easily found with a smidgen of due diligence.

>What are you guys going to do with your coins?
I'm gonna do as my master abode me: just HODL it. It's not like it's some copy-paste of the LTC code scam, it's a legit coin which changed a constant in the BTC code.

Instead of promoting and developing his own coin, he does nothing else but licking Bitcoin Core's ass in the most pervert way.

A copy-paste with one line of code change scam gives birth to another scam, isn't it like two negatives producing a positive? Only crypto provides such comedy gold.

Buy following the logic digital gold, Buttcoin, needs a digital silver, Blightcoin, isn't the conclusion a digital bronze needed too?

How dare you call my lightcoin a shitcoin, it's x4 better than Bitcoin because it has everything it has but one constant changed to 2.5 you evil hater.

How dare you call my lightcoin a shitcoin, it's x4 better than Bitcoin because it has everything it has but one constant changed to 2.5 you evil hater.

>>7789545
How dare you call my lightcoin a shitcoin, it's x4 better than Bitcoin because it has everything it has but one constant changed to 2.5 you evil hater.

Buy following the logic there's need to be for bitcoin the digital gold a digital silver, blightcoin, shouldn't there be digital bronze too?
Anyone who has observed the scene long enough can notice that it emulates pretty much everything from the real world. Physical gold coins, ICOs, 3 letter symbols, charts, QE (Tether!), proto-fedspeak (Vitalik!), "investing" etc.
Simulacra won't be complete without digital bronze, palladium, diamonds and so on. Only shitcoins need these analogies to recruit new bagholders.

By following the logic a silver version for the digital gold is needed, isn't a bronze coin needed too?

Just SODL this fake ponzi, and this is from the horse's mouth.

OK, to the people who are asking why LTC was created when BTC already existed, I'll explain exactly how it is:
BTC was minted only in 5kg bars, which is too expensive for some hodlers who don't have that kind of fiat money, but LTC comes in 1.25kg bars which is far more affordable and makes it easier to transact with for the common people and to use it in everyday life like for buying coffee.

>>7756894
Even your copy-paste guru dumped your shitcoin, Litebrainer.

The very definition of irony - Charlie tweeted how Lcash is a "scam" because it's using the brand name even if it's better. Explanation for noncoiners: LTC started as a scam, it didn't steal the name, but it stole all of the BTC code, it was a copy paste of BTC with a new ledger so Charlie Lee could mine all the cheap cheap coins, and only later it turned into a legit coin because it was endorsed by the all powerful company in control of BTC.

PS Lcash is not another scam, it's not a coin at all, it doesn't even have any fully articulated clear goal, the only thing it has is the word "cash" in the name - a choice the team never provided any explanation for, which only reinforces it's a PR stunt by Blockstream to ridicule BCH.

It's created to be digital silver, so it does exactly what bitcoin does except it's silvery - or to be more precise ... just buy it from me.

By following the logic a silver version for the digital gold is needed, isn't a bronze coin needed too?

The very definition of irony - Charlie tweeted how Lcash is a "scam" because it's using the brand name even if it's better. Explanation for noncoiners: LTC started as a scam, it didn't steal the name, but it stole all of the BTC code, it was a copy paste of BTC with a new ledger so Charlie Lee could mine all the cheap cheap coins, and only later it turned into a legit coin because it was endorsed by the all powerful company in control of BTC.

PS Lcash is not another scam, it's not a coin at all, it doesn't even have any fully articulated clear goal, the only thing it has is the word "cash" in the name - a choice the team never provided any explanation for, which only reinforces it's a PR stunt by Blockstream to ridicule BCH.

The very definition of irony - Charlie tweeted how Lcash is a "scam" because it's using the brand name even if it's better. Explanation for noncoiners: LTC started as a scam, it didn't steal the name, but it stole all of the BTC code, it was a copy paste of BTC with a new ledger so Charlie Lee could mine all the cheap cheap coins, and only later it turned into a legit coin because it was endorsed by the all powerful company in control of BTC.

PS Lcash is not another scam, it's not a coin at all, it doesn't even have any fully articulated clear goal, the only thing it has is the word "cash" in the name - a choice the team never provided any explanation for, which only reinforces it's a PR stunt by Blockstream to ridicule BCH.

Remember Goyim: just SODL it!