Is Litecoin Cash A Scam Or Legit Altcoin? You Decide but Steve will help!
Litecoin Cash has been on the market for about 8 trading days so far, but it has not been a good start for that coin. As expected, many of the Litecoin HODLers who had owned their LTC prior to block height 1371111 have decided to unload their LCC as quick as they could.
It's like getting paid dividends on your stock shares in a sense, but to many investors, Litecoin Cash may not appear to have the long-term credibility that they are looking for.
With a claim rate of 10:1, LTC holders could claim 10 LCC per LTC that they held at the time of block height 137111. But there are still some people out there who are having difficulty claiming or redeeming their desired Litecoin Cash.
Comment below what you think about this coin, and whether you think it is something worth buying now on its dip, or whether it's just going to be a failed project from the start.
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Please be careful making this type of videos... Most of the viewers have no sense of security and just started to look at the market.
You're making free publicity to a fork that you don't know if it is a scam and advising your viewers to claim the coins (at least you show your interest in claiming them).
As experienced youtubers, you know most people will not reach the end of your video where you talk how to claim the LCC tokens safely.
To claim the LCC you need to provide your private keys, so before doing it, people should transfer their LTC tokens to another address, to make sure you are not robbed.
From the moment you type your private keys on a website, they are not exclusively yours anymore.
I enjoy your work guys, but with big power comes big responsibility. Be careful.
Keep up the good work, please ignore the youtube trolls and start having nice debates on the comment section of Steemit (Could you pass this message to Jeff? Thanks).
I Think It's Legit! A Comeplete Pure Legit Scam...
Me to
Nice Post! It was very informative! I’m hoping in Litecoin cash. I think it’s a good investment!
I am doubtful it will be very successful as Litecoin is already doing the right thing and really didn't need a fork at this point. I place my trust on Charlie Lee and his team as they have Litecoin's best interest on hand at the moment. I will continue to monitor the fork but will make little effort to claim at this point in order to protect my Litecoin. Only time will tell if this is a legit project or a scam and/or whether it is worth using.
I had no intention of claiming my litecoin cash, but Coinomi supported it so I took it. Seeings how they're only worth about a dollar each I'll just hang on to them. If they ever spike in price you can bet your last Satoshi I'm dumping them.
Great informative Post Liked Resteemed