Bitcoincash & Litecoin

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Avatar for HappyBoy
2 years ago

The fact that Bitcoin is no longer serving the purpose for which it was created became known to many in the year 2011 and this led to the creation of Litecoin by Charlie lee. He wanted it to serve the purpose that bitcoin wasn’t serving- faster and cheaper. It became so popular, that many call it the “The silver to Bitcoin’s Gold”. Note this happened way back before the bitcoin-bitcoin cash fork. The term altcoin was still new then and sin6ce litecoin didn’t use bitcoin’s source code, it was classified as a brother to bitcoin.

BCH chart in the last year (image from coinmarketcap)

On the other hand, we all know how bitcoincash came into existence. Its purpose and how it’s been trying to maintain Satoshi's vision. However, over the last few years, there’s been a somehow identical price trend. The graph has been almost identical, when BCH falls, LTC also falls, vice versa.

LTC chart in the last year (image from coinmarketcap

Bitcoincash has been able to make great strides since its birth. Litecoin is hardly used for payment or exchange, hasn’t been able to dive into decentralized finance and NFT. All these we know bitcoincash serve despite the constant challenges faces. Most importantly, the while bitcoincash community continues to grow, litecoin supporters seems to be reducing- if they exist, they are not much vocal.

With all this one would expect bitcoincash to win polls pitting them against litecoin flawlessly, all the odds are against LTC but if the poll is on Twitter, there can only be one winner- LTC. It seems the people Bitcoincash is up against are many in their numbers. Back to the issue of similarities in chart pattern over the years, I can remember someone tossing the question at admin on noisecash sometimes back and he went on to explain how the market is manipulated just to make bitcoincash look like another LTC. Who are those behind this? I won’t want to point fingers but it’s an open secret that there are forces trying to sabotage the growth of bitcoincash. So many things have been done, arguments and debates but the hate and propaganda still exist.

I thought of how we can help bitcoincash grow after Pantera asked that question on noisecash. I answered but after that, I thought of how to implement it. I can remember getting into an argument with a guy on a telegram group once, he said so many things about bitcoincash and I tried to correct him. I tried as much as possible to be polite despite his constant use of provocative words but still couldn’t get him to understand me. I decided to stop reasoning with him when I wrote “Have fun staying poor…I said what I said”. Ever since that incident, I decided not to get involved in such arguments again. In my own little way, I’ll invite friends and family to readcash and noisecash.

However, after the aforementioned question by Pantera, I gave it a deeper thought. No one will see an opportunity to make good money and let it pass due to loyalty to a certain coin. SmartBCH presents so many opportunities to many, I know people who started with less than $100 and have over 12BCH right now. Ego aside people will hop into a profitable business. Bitcoincash has what Litecoin doesn’t have- decentralized finance. Checking the present TVL it’s obvious we are still a long way away from the other side-chains but that also shows that there’s room for more improvement, more people and more money.

The lifelong conspiracy will continue to exist, different communities trying to show they are better than the other but we need to know who the real enemies are. The bank and the Government are the ones whose main goal is to get rid of crypto, this semi-civil war is just aiding their plan. So instead of arguing or fighting others, when they throw punches at you, throw the opportunities SmartBCH present to their faces.

References

Coinmarketcap.com

Coinhouse.com

Thanks for Reading! 💚💚💚

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2 years ago

Comments

Bch is a bit better than litecoin, bch reached a peak where litecoin had never reached since it launch

$ 0.00
2 years ago

Yes friend you reach goal in bch. I hope bch not fall down n the ground.

$ 0.00
2 years ago

There are many malicious actors acting against BCH. They have no other purpose but to constantly slander and spam against Bitcoin Cash to a point it gets obvious they are not doing that to support BCH, or even to troll a BCH supporter. These are paid anti-BCH shills, and often will have plenty accounts supporting the nonsense arguments they make.

They have limited knowledge on blockchain, crypto, Bitcoin, but have a textbook of quotes they use for years. They usually spam the top accounts of advocates of Bitcoin Cash, like Roger Ver, Kim Dotcom, and also attack any influencer writing or talking in favor of Bitcoin Cash.

How do you defeat an army of thousands of spammers paid by Blockstream? You can't since it is unproductive and you have to constantly waste time responding to them, instead of adding value to the ecosystem. Just block them. Perhaps respond and instantly block them, not giving them the chance to respond but basically do this if they sound hateful. This works great against hate spreading trolls on Twitter.

$ 0.05
2 years ago

I notice their hateful comments on Roger ver and co tweet. Maybe that's the reason why most Bitcoincash influencers don't tweet a lot. Henceforth, i think i will also use the blockbutton more often now.

$ 0.00
2 years ago

It seems the LTC doesn’t even exist because this is my first Time of hearing and reading about it. Since when I’ve joined both readcash and noisecash I’ve earn on both and use it to earn more on SmartBCH and have alots of friends even with the people I don’t know.

$ 0.00
2 years ago

Well said HappyBoy. Why argue when we can cooperate. There is enough people for all the chains and everyone can use what they like, but majority of people still don’t understand anything about crypto.

$ 0.02
2 years ago

With its sudden fall from the top 10.. For sure there is sabotage behind it.

$ 0.02
2 years ago

The opportunities presented by SmartBCH is limitless. I say this because it is still at the infancy stage. Which means there are still many good things to come from it in the nearest future.

I hope you haven’t forgotten what we said about SmartBCH at the start of the year??? Winks.

$ 0.02
2 years ago

Sure brother, still intact and we'll reach the set goal before the year ends.

$ 0.00
2 years ago

My first time hearing the hits on BCH, I hope it never falls to the ground. I hope it withstand the troubles and rise again

$ 0.00
2 years ago

I spots bitcoin cash, it have a lot of profit and a stable value comparing litcoin becuase it's price is 350 almost and litcoin price is 200

$ 0.00
2 years ago