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WARNINGPSA: Charlie Lee and the Litecoin Foundation DO NOT endorse Litecoin Cash (self.CryptoCurrency)

submitted by deadlyturnipwhere'd all my money go?

IF you are buying LTC for the fork, DON’T. Charlie Lee (the creator of Litecoin) has stated that it is mostly likely a scam and the Litecoin Foundation DOES NOT endorse the coin.

The Litecoin Cash Team looks sketchy as fuck. Their public relations manager's photo is the fucking Unicorn emoji. You can't press on any of the developers pictures of find any information about them.

Whoever created the fork is a genius marketer who is playing on the similarities between Bitcoin and Bitcoin Cash (which AFAIK was endorsed by Gavin Andresen and others in the Bitcoin Foundation) and the branding of Litecoin. Don't fall for this trick.

I’m not saying the recent price increase is solely due to the fork. In fact, I’d argue that a lot of it revolves around Litepay. However, if you are buying LTC as a short-term move, please move forward with caution (at least until Sunday).

Furthermore, if you think you’re going to “time” the market and try and sell immediately after the block which the fork happens on you’re going to get burned. Literally thousands of other people have that same idea, and what’s going to happen is that Litecoin’s price will decrease significantly right after the fork (I think it will recover due to Litepay coming out and other promising progress). The bots are going to beat you to it. You'd be much better off taking profits before the fork on Sunday and then buying back when it inevitably dips.

NOTE: I know a lot of you are probably aware of this fact. However, I am in a Telegram group of about 60 people mostly composed of friends from college and their mutual friends, and I was amazed to find that several of them were hyping up the Litecoin Cash fork. I’ve also seen on some daily discussions over the past week discussing it.

I do not own any LTC I am just trying to make sure people aren’t making poor investment decisions

EDIT: DO NOT GIVE THESE PEOPLE YOUR PRIVATE KEYS OR ANYONE FOR THAT MATTER.

EDIT 2: Those of you saying I'm bringing attention to something pointless, good for you, just move along. Sadly there are people who will perceive this as the equivalent of Bitcoin Cash to Bitcoin and if they are left unaware that it is in fact not, they will get burned.

EDIT 3: I'M NOT HATING ON LTC, THIS ISN'T MEANT TO DETER LONG TERM HOLDERS. If you're planning on holding long term then don't bother with this post. There are people trying to play this.

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[–]BestServerNABronze | QC: CC 30 66 points67 points  (10 children)

Design lead's photo looks like a mugshot bruh

[–]Inder_R1Redditor for 11 months. 10 points11 points  (2 children)

looks like he is saying " Dont drop the soap"

[–]JamesPawnedRedditor for 9 months. 4 points5 points  (0 children)

looks like he'll drop the soap for you

[–]BestServerNABronze | QC: CC 30 3 points4 points  (0 children)

Could have sworn it was Vass from Far Cry 3 in grayscale 🤔

[–]Hara-KiriTin 1 point2 points  (0 children)

More like an advert to hire a Russian hitman.

[–]moooeaseCrypto Nerd | CC: 32 QC 1 point2 points  (2 children)

he looks like he was arrested for trying to smell children

[–]JamesTrendallSolar 4 points5 points  (1 child)

Is that illegal? Children get all the best smelling soaps tho. I just get this nasty minty stuff while kids get to smell like Sherbet and shit.

[–]BeltreCompany 0 points1 point  (1 child)

even has an aka "Scarlet", but people will still buy LTC to get LTCash.

[–]rockyrainyCrypto Nerd 1 point2 points  (0 children)

LTCash

  • Will LTCash team call Litecoin "Litecoin Core"?
  • Maybe LTCash will claim to uphold the true vision of Charlie Lee

[–]well___duh 0 points1 point  (0 children)

Also ironic their PR lead is the only one without a real photo.

[–]asymptotically508Panopticoin Opponent 62 points63 points  (18 children)

TIL that we had Litecoin Cash.

[–]blekais 13 points14 points  (0 children)

Same here. Didn't know this existed so this may actually promote the existence of it.

[–]throwawayTooFitRedditor for 9 months. 2 points3 points  (16 children)

I'm part of a large facebook crypto group that is going nuts over Litecoin, I've never seen anything like it. Every crypto community is different but this one is OBSESSED with LTC. My observations:

I have yet to find an exception, but they bought LTC from coinbase in 2017.

They are calling LTC, silver to Bitcoin's gold(they dont take it kindly when I called it fools gold)

This same group loves ICO pumps (but most facebook groups are obsessed)

"Litepay is going to change everything". No mention of adaptation, but rather everyone obsessed that the price is going up.

Price price price

They are especially uninformed with any crypto matters.

Lots of people claiming to be around since 2010, knowing what ICO is next, claiming to have bought things with LTC. Lots of BS.

Especially susceptible to scams (for obvious reasons), Litecoin Cash has been huge and no amount of knowledge is stopping people from trying to get it.

Coinbase really screwed people on Litecoin, after being a customer since 2011, I'm seriously considering pulling everything out. These people bought into Litecoin because of their own greed, but they simply didnt know the history of Crypto. They didnt know better.

[–]pjgfNew to Crypto 17 points18 points  (9 children)

they simply didnt know the history of Crypto.

You mean, of course, that Litecoin is one of the few altcoins talked about around here that has a real history, right? There is something to be said for a coin that has been around for a while and is proven technology with a proven community.

[–]jizzlewizardTin 7 points8 points  (1 child)

"Litepay is going to change everything". No mention of adaptation, but rather everyone obsessed that the price is going up.

Litepay IS adaptation. Not sure what your grudge against LTC is...

[–]runny6playCrypto Nerd 5 points6 points  (2 children)

Ltc has been pretty solid. One of the more stable coins and has always had good technology

[–]asymptotically508Panopticoin Opponent 0 points1 point  (0 children)

Sounds like a nice group to be in then...

[–]flickerkuuPlatinum | QC: DOGE 457, CC 34, BTC 23 | r/Politics 535 52 points53 points  (2 children)

So buy then?

[–]allineed777Redditor for 10 months. 9 points10 points  (0 children)

exactly

[–]YannFann 2 points3 points  (0 children)

You’re fired, you’re hired

[–]g4hendersonTin 19 points20 points  (13 children)

Why not just move the LTC from one wallet to another after the fork, then give them the private key for the now empty wallet. What's the worst the can happen? You get nothing? You get LCH and it turns out to be worthless? Who cares you've put in zero effort with zero risk.

[–]Crypto_DunkGold | QC: CC 62, ExchSubs 5 15 points16 points  (5 children)

At last, someone gets it. This is what they have said to do.

[–]I_am_Jax_accountETH hodler 3 points4 points  (4 children)

Yeah. I really don't get why the community is so hostile towards this project. They say not to give your private keys to them until after your coins are out of the wallet. They say they aren't trying to replace Liteoin. It could be free money. Or at worst nothing. What is there to lose or be mad about?

[–]All_Work_All_PlayPlatinum | QC: ETH 1237, BTC 492, CC 397 | TraderSubs 1684 7 points8 points  (0 children)

There's no good reasons to ask for private keys.

[–][deleted] 1 point2 points  (0 children)

I think its because we've seen about 100 fly by night scamforks of BTC already and its getting silly if not just malicious. Scammers are just having a field day with this space.

This is just a way for large holders to literally print money very easily by creating a barely altered chainfork and finding some junk exchange to list it, which also grants them a defacto large stake in the split with which they can easily manipulate the low-liquidity exchange to print even more money with pump and dumps. Old whales are learning new tricks.

(by "print money" of course I do not mean literally, just in effect by creating split token pump and dumps to fleece newbies)

[–]lickballsgates 1 point2 points  (0 children)

Because its bs. There website only talks about the profit you could make with the fork. When the founder of ltc is saying its bs then its bs.

[–]SAKUJ0 -2 points-1 points  (0 children)

You actually think that forking a blockchain leads to free money? Might I interest you in a concept called “fiat”? They industrially do this.

[–]RiverKingfisherGold | QC: EOS 101 1 point2 points  (0 children)

Why do they need the private key? Why not the public one, snapshot and send the coins?

[–]deadlyturnipwhere'd all my money go?[S] 2 points3 points  (0 children)

Because unfortunately there are people that won't remove their LTC's from their wallet and if it is a scam they run the risk of losing their LTC. Believe me there are lazy people who won't do that

This post wasn't meant for people like you who know these risks. I'm glad that there are people like you (hopefully the majority) who can profit/lose nothing by obtaining these LCC.

[–][deleted] 0 points1 point  (0 children)

This is exactly what you should do before claiming your forked coins. If your keys get compromised then they only have access to an empty LTC wallet.

[–]0bran0 / 608 🦠 0 points1 point  (0 children)

Which desktop wallet do you recommend, I have Nano Ledger but it is too complicated with hardware wallets.

[–][deleted] 0 points1 point  (0 children)

Better to make sure that you don't install anything on a computer that contains or uses other crypto wallets. It could be a virus that steals and mines for other things.

[–]OddElectron -1 points0 points  (0 children)

Mainly, because I'm lazy. If this Lite Cash does turn out to be something, I can do so, but until then, it sounds like more trouble than it's worth.

[–]SuttonXResident BAMF 8 points9 points  (5 children)

I bought Litecoin 4 days ago for LitePay, but if I end up getting free shit for already having Litecoin, I'm not gonna complain about it.

I'm not gonna make a different wallet or send my keys anywhere, though. I'll just let it automatically trickle down through Binance eventually (if ever).

[–]throwawayTooFitRedditor for 9 months. 1 point2 points  (2 children)

Btw this is entirely why hard forks fail.

Still waiting for Circle to give me Bitcoin Cash. Id love to make a quick $2,000.

[–][deleted] 1 point2 points  (0 children)

and why market cap for forks is so misleading. Most people don't even know they have bch let alone the lost wallets

[–]SuttonXResident BAMF -1 points0 points  (0 children)

I've had other forked coins randomly appear in my Binance account.

But I'm definitely not sending my keys to anyone or moving my currencies into some new wallet to "claim" anything, especially when the creator is saying they aren't affiliated.

[–]fugogugo0 / 0 🦠 -1 points0 points  (1 child)

not completely free

If you're keeping your coin on coinbase it's very unlikely coinbase will support this coin, practically no free coin

If you're keeping your coin in your wallet, you need to expose your private wallet to get your "free litecoin cash". that's very big sign of scam lol

[–]SuttonXResident BAMF 0 points1 point  (0 children)

It's on Binance at the moment. Like I said in the comment you replied to. They've handled fork distributions in the past with no action necessary from the customers.

[–]lep0327 8 points9 points  (4 children)

Didn't know about this and don't care. my LTC will stay where it always has

[–]deadlyturnipwhere'd all my money go?[S] 4 points5 points  (3 children)

That's fine. If you're holding long term it doesn't matter, I'm mostly concerned for people who are trying to either play the market or those who think Litecoin Cash is to Litecoin what bitcoin cash is to Bitcoin.

[–]Otphj5811Redditor for 5 months. 2 points3 points  (1 child)

It kinda is the same as bitcoin cash tbh it just won't have Roger shilling it

[–]kentuckysurprise-Platinum | QC: BTC 63, CC 28, CM 17 1 point2 points  (0 children)

Exactly.

load more comments (1 reply)

    [–]Bruglione0 / 0 🦠 31 points32 points  (3 children)

    But litecoin cash is the real bitcoin cash

    [–]itsjevansNANO 17 points18 points  (0 children)

    LiteCoin Cash is the only solution to Litecoins sky high transaction prices

    [–]99thoughtsRedditor for 7 months. 1 point2 points  (1 child)

    1 litecoin cash = 1 doge (= 1 doge)

    [–]buyhodlbuyRedditor for 5 months. 0 points1 point  (0 children)

    1 Litecoin cash (BCH) = 1 Dodge (BTC)

    [–]bambarastaRedditor for 7 months. 3 points4 points  (0 children)

    LITECOIN CASH IS REAL LITECOIN!!!!

    [–]Kamikaze_FailureWBSilver | QC: BTC 19 31 points32 points  (4 children)

    Inb4 "litcoin cash is the real bitcoin! litecoin!"

    [–]WhatATragedyyRedditor for 9 months. 22 points23 points  (0 children)

    inb4 "Litecoin is a store of value. Use Nano for commerce"

    [–][deleted] 4 points5 points  (0 children)

    I'm buying a bunch of Litecoin (LCC) ATMs.

    [–]danimalmidnightBronze | VET 9 | Politics 14 0 points1 point  (0 children)

    Yeah I feel some projection is going on here.

    [–]throwawayTooFitRedditor for 9 months. 0 points1 point  (0 children)

    I want this to become a thing.

    [–]hotr42Tin | CRO 12 | ExchSubs 12 2 points3 points  (0 children)

    Fuck it just bought 12 ltc

    [–]canadabolicRedditor for 7 months. 4 points5 points  (0 children)

    Buying for the moon not a fork

    [–]quantythequant 6 points7 points  (0 children)

    This is my first time hearing about this fork, and I wouldn’t wipe my ass with Litecoin Cash if you paid me.

    Sounds like a fucking scam by another shit head. Ver v2 much?

    Edit: Lol @ downvotes. Ok, so original comment was out of skepticism, but after digging into this a little more, I’ll stick to my original guns. Sketchy team, shitty value proposition, and no value add. Stay the fuck away from this shitty attempt at shitcoin marketing

    [–]Crap911Crypto God | QC: XRP 70, CC 68 1 point2 points  (0 children)

    This proves more that ppl don’t care much about the tech but how much money they are go by to make. The price of the coin goes up if the hardfork is coming because ppl want the free coins for selling to gain more fiat.

    [–]DavidScubadiverSilver | QC: CC 117, BTC 30 | NANO 119 | r/Investing 13 1 point2 points  (4 children)

    Fuck a duck. Is this why coinbase is now taking 8 days for LTC to be delivered so I can’t get my free coins or sell before the fork I had no idea was coming?

    [–]convalytics6 - 7 years account age. 350 - 700 comment karma. 1 point2 points  (0 children)

    Notice that the Litecoin Cash people are focusing on "security" by telling you not to share a private key. This masks the fact that they're asking you to download their wallet and transfer all of your existing Litecoin to it. Somehow making it safe to share your old wallet private key. No chance there's a backdoor on their wallet so they can sweep everyone's account???...

    [–]master2080 1 point2 points  (6 children)

    Litecoin Cash? What's next? Ethereum Cash?

    [–][deleted] 2 points3 points  (0 children)

    Etheruem Cash already exists, which is just a worthless basic ERC20 token someone created...on Ethereum.

    [–]Boogiewoo0Bronze 0 points1 point  (0 children)

    Would you be surprised?

    [–][deleted] 0 points1 point  (0 children)

    Ethereum Clashic.

    [–]fugogugo0 / 0 🦠 0 points1 point  (1 child)

    pretty sure it's already exist. lol

    https://coinmarketcap.com/currencies/ethereumcash/

    [–]master2080 0 points1 point  (0 children)

    ...

    [–]Richarkeith19844K / 4K 🐢 0 points1 point  (0 children)

    ProofofLitecashGoldclassic

    [–]citobass1 - 2 year account age. -15 - 35 comment karma. 1 point2 points  (0 children)

    Practice safe forking and there wont be a problem!

    [–]EmbecoBronze 1 point2 points  (0 children)

    Does not come come unexpected. Charlie Lee is one of the only founders to be taken seriously right now

    [–]fugogugo0 / 0 🦠 1 point2 points  (0 children)

    Tanner Development Lead With over 20 years commercial experience and active in the crypto scene since 2013, our dev lead Tanner has been involved in the development of multiple altcoins and numerous blockchain-based services.

    20 years commercial experience, face looks like 25 years old guy. lol

    [–]jdent77Redditor for 10 months. 1 point2 points  (0 children)

    I think the unicorn emoji adds a sense of credibility to the project.

    [–][deleted] 1 point2 points  (12 children)

    I bought 2 LTC at the beginning of the week and made a little profit. When do you think I should sell? This Saturday/Sunday?

    [–]OpblaasgeitBronze 17 points18 points  (7 children)

    just keep holding. The Sats value has increased drastically, when bitcoin is ready to restore, LTC will be launched to a new ATH.

    [–]deadlyturnipwhere'd all my money go?[S] 11 points12 points  (1 child)

    I agree. I think there's a lot of exciting developments coming out in its near future and with only 2 LTC would just hold, it's not worth it if I'm wrong about the price drop.

    [–][deleted] 2 points3 points  (0 children)

    Thanks mate

    [–][deleted] 0 points1 point  (0 children)

    Thanks mate

    [–]atworkmeirTin | r/Technology 18 0 points1 point  (1 child)

    Sats value?

    [–]OpblaasgeitBronze 0 points1 point  (0 children)

    Satoshi value, fast written.

    [–]Raja_RanchoPlatinum | QC: CC 495, BCH 123, ETH 16 -1 points0 points  (0 children)

    lol i aint giving up my ltc for shit. if it crashes i buy more and average out my value. they took my money already, no way they taking my ltc bitches

    [–][deleted] -2 points-1 points  (0 children)

    You mean BTC value, not sats value. That's like saying the penny value of something increased.

    [–]Sutanz1K / 1K 🐢 1 point2 points  (0 children)

    If you want to lock some profits. Sell some Friday night.

    [–]SAKUJ0 0 points1 point  (0 children)

    Selling to crypto could be a consideration (you have to cost average and bet on an ideal exit). Most people here wouldn’t sell for fiat, with the total market cap having taken a dive.

    [–]fugogugo0 / 0 🦠 0 points1 point  (0 children)

    two weeks

    [–]throwawayTooFitRedditor for 9 months. -1 points0 points  (0 children)

    This is everything that is wrong with Litecoin.

    • Users only following the Price pump

    • People excited about the technology(despite being flawed like BTC)

    • Almost all users bought LTC from coinbase in 2017.

    There is this weird demographic behind Litecoin. Like they dont understand cryptocurrency but they wanted in. Its the strangest stereotype I've seen in crypto.

    [–]lukegjpotterCrypto Nerd | QC: CC 41 1 point2 points  (2 children)

    We need a few "Charlie Ver" accounts for Lcash/Ltrash.

    [–]hellywellie 0 points1 point  (1 child)

    Plot twist: Maybe it's Roger who created LCC in the first place.

    [–][deleted] 0 points1 point  (0 children)

    This!

    [–]SoCo_cpp 1 point2 points  (0 children)

    If it wasn't for all these PSA's I'd have never heard of it.

    [–]grmpfpff1K / 1K 🐢 1 point2 points  (0 children)

    mmh, a few things:

    Of course the Litecoin team and Charlie don't endorse fork offs. They mean competition.

    Of course the Litecoin Cash team rides on the fork hype train. If people want to invest in that hype, why don't let them? Litecoin itself was a fork off from Bitcoin, remember that.

    Of course the unicorn picture is stupid, but there is at least some names and pictures. I've seen a lot of coins in the top 100 that are being developed by someone who is only known by pseudonyms

    The real question is, what is the intention of the fork? Is there a community following them? Does the Litecoin Cash team mine a few hundred thousand coins for themselves like the Bitcoin Gold developers did? If they do, then you can safely warn about a fork that has solely been created to fill the pockets of its inventors. If it doesn't, wait and see.

    FYI, I hold and mine Litecoin and I don't care about this fork so far. I will add them to my portfolio list if it turns out to have any value and might look into it at some point.

    In an open source world like crypto people are allowed to fork off though if they want to. If this fork will turn out to be a legitimate competitor to the original chain or just a scam has to be seen.

    [–]BTCMONSTERCrypto God | BTC: 49 QC | CC: 31 QC 0 points1 point  (0 children)

    Upvoted! I don't even think Charlie would.

    [–]akalizzyEthereum fan 0 points1 point  (0 children)

    It's like seeing the same movie over and over again, pff :)

    [–]Tommah 0 points1 point  (0 children)

    That unicorn video is creepy. I didn't know it was possible to make a unicorn creepy, but they did it.

    [–]DrArgh4 - 5 years account age. 500 - 1000 comment karma. 0 points1 point  (0 children)

    Can I suggest everyone sells the coins I don't own too while we're at it? Thanks.

    [–]noisylettuce 0 points1 point  (0 children)

    Another up and coming scam right here:

    http://www.ethereumcash.technology/

    I guess "cash" now means scam fork.

    [–][deleted] 0 points1 point  (0 children)

    Any cryptocurrency with cash in it is bad news

    [–]coopercrepsl 0 points1 point  (0 children)

    how do i get the fork? not buy just recieve it

    [–]dogemoonthrowawayRedditor for 3 months. 0 points1 point  (0 children)

    how about that ethereum cash?

    [–]Dockirby 0 points1 point  (0 children)

    But Normal Litecoin is meant to be the "Cash" version...

    I am going to wait until they make Litecoin Gold.

    [–]karljt 0 points1 point  (0 children)

    When is the fork?

    [–]butthurtsoothcreamCrypto Expert | QC: BTC 53, BCH 17 0 points1 point  (0 children)

    Didn't Lee sell out all his LTC? Guess he doesn't endorse that either.

    [–]niambhRedditor for 3 months. 0 points1 point  (0 children)

    Did any one claim their lcash? I'm probably one of the few who didn't. It just doesn't sit right with me.

    [–]earthmoonsunPlatinum | QC: CC 140, BCH 93 | Buttcoin 5 1 point2 points  (0 children)

    If Charlie Lee DO NOT endorse Litecoin Cash, does it mean LTCCash's price will rise?

    [–]Schwa142Your Text Here 0 points1 point  (8 children)

    There's no way I'd give them my private keys... How have I not heard about this yet?

    I wonder if the price will fall when all the people who bought, thinking they'd automatically get the fork, don't get anything.

    [–]deadlyturnipwhere'd all my money go?[S] 3 points4 points  (5 children)

    I wouldn't do anything, if you get the fork from your cold storage/paper wallets/LTC wallet then you got free LCC without doing anything (whether or not it's legit is another thing). I just wouldn't go near their wallet/ give them your private keys.

    [–]africanjesusCrypto God | QC: CC 93, NANO 82 3 points4 points  (3 children)

    Why not just hold until fork, move funds to new wallet, give them old private key

    [–]9eleven 0 points1 point  (0 children)

    Because they can't think for themselves, except listen to random dudes on the internet who they think has their best interest at heart. This is such an easy solution and also they don't really ask for your keys if you look on the website. Anyhow I am not invested in Litecoin nor will I ever invest because if even the owner has sold back to fiat then the whole point of a crypto currency disappears. Dude you were supposed to use your coin to buy shit, not use your coin to gain more fiat.

    [–]Crypto_DunkGold | QC: CC 62, ExchSubs 5 0 points1 point  (1 child)

    This is exactly what the LCC site says to do. Move LTC to your own new wallet after after the fork and then use the old wallet keys to claim LCC. Dont use that old wallet for anything else ever again. Nothing to lose really.

    [–][deleted] 0 points1 point  (0 children)

    unless their software is a virus, waiting and looking for any other crypto on your computer.

    [–]Games_sans_frontiers 0 points1 point  (0 children)

    If a crypto needs you to hand over your private keys to a third party to do anything then that crypto is broken imho.

    [–]DatDuckDoe 0 points1 point  (1 child)

    You won’t get the drop through an exchange like binance?

    [–][deleted] 0 points1 point  (0 children)

    Definitely not, most exchanges don't know/care about this fork.

    [–]LuxuriousThrowAwayCrypto God | QC: BCH 300 0 points1 point  (7 children)

    marketing genius

    Not seeing that. Not at all.

    [–]RyWhiteIversonRedditor for 5 months. 0 points1 point  (6 children)

    Marketing genius/scammer

    [–]LuxuriousThrowAwayCrypto God | QC: BCH 300 -2 points-1 points  (5 children)

    To me it doesn't look like a scam. They are not trying to trick anyone with half a brain. I think it's just a suddenly hatched audacious irreverent plan to have some fun, get some kick-ass experience in the space, and make some extra money. Bitconnect was contrived to fool dumb people. Scam. That skycoin video is contrived as hell to appeal to certain insecure people. Scam. Lcc just looks like a prank. No harm no foul. They're not doing anything Charlie didn't do 5 years ago.

    Because it looks so juvenile it probably won't go anywhere. If it were a malicious scam, if they were good marketers, they'd try harder to make it look important, like Bitcoin diamond for example.

    [–]jonbristowPermabanned 0 points1 point  (2 children)

    so which one of the devs are you?

    [–]allineed777Redditor for 10 months. 0 points1 point  (1 child)

    the unicorn

    [–]LuxuriousThrowAwayCrypto God | QC: BCH 300 -1 points0 points  (0 children)

    Haha. Yeah before I submit I was starting to think, "hmm I know these guys too well... Doesn't look good."

    Honestly just an observation. I also believe they're British. Kinda obvious. I'm not involved. Promise. I'm a bch fan, so (although they apparently haven't discovered the joys of BCH such as I have) I can think up a reason to be hostile to the LCC project but ultimately I just think these guys are funny and I'd do the same if I could (troll Chuck!). I don't think it will amount to anything because people have to think you're serious about long term support before they will buy something.

    [–]deadlyturnipwhere'd all my money go?[S] 0 points1 point  (1 child)

    Because people are stupid and you know there are people out there who are going to make the mistake of thinning that either

    A good or this will be as successful as bitcoin cash in comparison to bitcoin and

    B that this project is as respectable as Litecoin because it is "associated by name".

    The actual marketing of the coin outside of the name is trash but the name itself carries much more weight than anything else.

    [–]LuxuriousThrowAwayCrypto God | QC: BCH 300 0 points1 point  (0 children)

    Agreed. The name/concept surprised me. That in itself is clever. (the execution is a bit disappointing, but not completely lame.)

    This is the wild West. Have fun. Fork it! Don't lie to people's faces though (bitconnect). If you support it such that you get huge adoption, they will come. (I don't think that will happen with lcc, cdy, etcetera.) You can do it!

    [–][deleted] 0 points1 point  (0 children)

    litecoin cash?? WTF ????

    [–]_unpopular__opinion_ -4 points-3 points  (2 children)

    Buying into a pointless knock-off of Bitcoin, so it forks and I can also get a pointless knock-off of the pointless knock-off?

    Why not...sounds rather fun.

    [–]TommyofLeedsCrypto God | QC: EOS 61, IOTA 29, OMG 22 0 points1 point  (0 children)

    Redditor for 4 months and you think you know everything about crypto, lol.

    [–]throwawayTooFitRedditor for 9 months. -4 points-3 points  (0 children)

    Found the guy who has seen alt coins die.

    Why anyone would use a gen 1 coin blows my mind. Litecoin was literally a copy paste of Bitcoin.

    At least gen 2 coins have new tech.

    Litecoin is fools gold to Bitcoin.

    [–]YeuphSilver | QC: CC 62, PRL 30 | IOTA 46 | r/Politics 50 -3 points-2 points  (0 children)

    Tanner is the real Charlie Lee and he says that Litecoin Cash is the real Litecoin.

    People hating on Litecoin Cash simply don't care about Litecoin and aren't aware that Tanner is Charlie Lee.

    [–]allineed777Redditor for 10 months. -1 points0 points  (17 children)

    advice from Charlie Lee?

    Its that guy that created Litecoin and sold it 3 times at ATH, ahhhhhh this guy !

    [–]osoese219 / 217 🦀 -2 points-1 points  (14 children)

    This is the most important comment here. Charlie Lee sold out at ATH with some excuse that he couldn't promote litecoin if he owned it. I think LTC is great and he should have showed more confidence in his own creation. So what if there is a fork then, why should he care? Imitation is the most sincere form of flatter or something like that right?

    [–]allineed777Redditor for 10 months. 2 points3 points  (0 children)

    Everyone downvoting you is retarted

    [–]roox9111K / 4K 🐢 0 points1 point  (12 children)

    Except he didn't sell at ath

    [–]allineed777Redditor for 10 months. 0 points1 point  (2 children)

    I see there are a lot of stupid persons like you that upvoted you, because he did.

    he sold when it hits the first ATH early dec, the 2nd mid dec and the 3rd late dec.

    ALL 3 SOLDS were te actual ATH, do your homewerok before you comment shit and ur gayfriends that upvoted you aswell

    [–]roox9111K / 4K 🐢 0 points1 point  (1 child)

    "do your homewerok before you comment shit and ur gayfriends that upvoted you aswell"

    ... classy.. very classy. are you sure you are old enough to be investing in things outside of pokemon cards mate?

    [–]allineed777Redditor for 10 months. -1 points0 points  (0 children)

    just lol

    [–]osoese219 / 217 🦀 -2 points-1 points  (8 children)

    uh - he even tweeted that he sold at ATH so maybe just check your history a little lol

    [–]roox9111K / 4K 🐢 0 points1 point  (5 children)

    no he didnt.

    [–]allineed777Redditor for 10 months. 0 points1 point  (1 child)

    I really dont want to use „retarted people“ but its the best way to tell them straight in the face how retarted they actually are. It was allways the current ATH when he sold. He splited obvsl because he didnt know if it goes more and more up

    [–]jonbristowPermabanned -1 points0 points  (20 children)

    Upvote so these scammers get fucked

    [–]TechCynical151 / 3K 🦀 -4 points-3 points  (19 children)

    ???? its literally just a project that they just made to have fun with. They arent trying to scam anyone. litearlly says right there we arent trying to become a better litecoin its just a project we want to build.

    [–]hellywellie 0 points1 point  (5 children)

    If they are genuine and acknowledge they are not trying to become a better Litecoin, why the fuck call it Litecoin Cash?

    [–][deleted] 1 point2 points  (4 children)

    It's a fork of litecoin, is it not?

    [–]hellywellie 0 points1 point  (3 children)

    Litecoin is a fork of Bitcoin. It didn't call itself Bitcoin Lite.

    [–][deleted] 0 points1 point  (0 children)

    Well, Litecoin Cash is basically Bitcoin Lite as it swaps Scrypt for the original SHA mining algorithm, the same as Bitcoin.

    All of these forks are getting mind numbing.

    [–][deleted] -1 points0 points  (1 child)

    Irrelevant.

    These aren't trademarked companies we're talking about, this is free (as in speech) software.

    [–]hellywellie 0 points1 point  (0 children)

    point taken, it's not legally trademarked, you're right. I still think it's misleading to buyers and an attempt to create value out of nothing though.

    [–]jonbristowPermabanned -2 points-1 points  (12 children)

    lol seriously?

    a project which asks for your private keys is to have fun with?

    [–]TechCynical151 / 3K 🦀 1 point2 points  (9 children)

    dont ask me? theyre literally saying its not a serious project were just making a forked coin for lulz.

    [–]much_chum 1 point2 points  (8 children)

    I looked into creating a new temporary LTC address to store my holdings so that I could give them my private key for that (after the fork and once I had moved my LTC back onto my cold storage so the new address had 0 LTC)...apparently this would be safe but I’m a big sceptic and scaredy cat when it comes to sharing private keys. If LLC were the real deal I shouldn’t have to give my private key for any wallet to anybody. It’s right there on the blockchain how much LTC I have. I’m not an expert though so would welcome any insight.

    [–]hellywellie 0 points1 point  (7 children)

    How did it work with the BTC/BCC fork? Did you have to hand over private keys for that?

    [–]jonbristowPermabanned 0 points1 point  (6 children)

    you dont give your private key to the devs, but to the wallet (coinomi ie)

    [–]RexCollumSilvarum 0 points1 point  (5 children)

    If you hold your Litecoin on an exchange, what happens? Do you still get the forked Litecoin Cash? And what if you only own a fraction of a LTC?

    [–]jonbristowPermabanned 2 points3 points  (3 children)

    depends on the exchange. I dont think any exchange will support this

    [–]RexCollumSilvarum 0 points1 point  (0 children)

    Maybe I'll just sell my half a LTC while it's high and buy back in after the fork, then. Thanks!

    [–]TommyofLeedsCrypto God | QC: EOS 61, IOTA 29, OMG 22 0 points1 point  (1 child)

    What if you hodl on a trezor?

    [–]hellywellie 0 points1 point  (0 children)

    doesn't work on exchanges according to the litecoin cash website

    [–]itsjevansNANO 0 points1 point  (0 children)

    Just move to another address before testing to see if there's any LiteCoin cash there - sorted?

    [–]TechCynical151 / 3K 🦀 -1 points0 points  (0 children)

    Why are you taking this project seriously no one else is? Even the own dev team clearly states they arent trying to claim the litecoin name but rather just make a project to have fun with. What are you doing to yourself op?

    [–]seekerjuice -1 points0 points  (0 children)

    Lcash is using the same tired tricks as Bcash.

    The main hype right now is Litepay. People siting the fork are trying to make quick money from free coins and new faces. Dumping mine immediately, if this Ver-strategy shitcoin even happens.

    God damn I hate people that use others work. There are plenty of ways to make money is crypto NOT being a dick, why do forkologists, scammers, and Ver-min choose to ride on the backs of others? I'm guessing that they have real skills to offer the world, but are easily satisfied by a stack of easy cash.

    Worse than the fucking fed.

    disclaimer- not all forks or bcash users are shitty, just most.

    [–]Lu5ck -4 points-3 points  (0 children)

    Charlie Lee is also the one that sold all his ltc.

    [–]je-redditSilver | QC: ETH 242, CC 74 | NANO 35 | TraderSubs 112 -2 points-1 points  (3 children)

    Charlie Lee and the Litecoin Foundation DO NOT endorse Litecoin Cash

    It's obvious.

    Lot of people wasn't aware of this fork, now with your post they are...

    [–]deadlyturnipwhere'd all my money go?[S] 5 points6 points  (1 child)

    There's also people who are aware of the fork without being aware of what it actually is. If people become aware of it through this post and want to obtain some then they're stupid and I forewarned them, I can't protect people from themselves but I can at the very least educate them.

    [–]noisylettuce -1 points0 points  (0 children)

    Its made by the same scammers that own bitcoincash.org

    We're using the Litecoin Cash name simply because it has become customary in recent months for a coin which forks a blockchain to prefix its name with the name of the coin being forked. This practice has become a widely understood convention.

    Which makes the above line a complete joke.

    [–]parkufarku -1 points0 points  (0 children)

    anyone who invests money into a coin where the team doesn't even fully reveal their identity deserves to be scammed.

    btw, someone check if the rest of the photos really do belong to the persons

    [–]AceionicRedditor for 6 months. -1 points0 points  (0 children)

    That looks like a wink to bcash.

    [–][deleted] -1 points0 points  (0 children)

    Lcash is the real ltc. They are true to Charlie vision.

    [–]TheGreatCryptopo7K / 93K 🦭 -3 points-2 points  (1 child)

    The fact is you are getting 10 coins for each 1 LTC. And if BCH and BTG is anything to go by, you'll get a return on those freebies. How much I have no idea, but would you miss that chance? And on the price, any predictions on what it could be?

    [–]I_am_Jax_accountETH hodler 1 point2 points  (0 children)

    Yeah. I haven't gotten any answers on what the downside of claiming these coins would be. Just down votes. There's literally no risk. Use a throwaway wallet after the fork, move your coins first and then give them the private keys to claim the coins.

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