Bitcoincash & Litecoin
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.
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.
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! 💚💚💚
Bch is a bit better than litecoin, bch reached a peak where litecoin had never reached since it launch