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Topic: In some ways isn't Litecoin a "scam coin" too? - page 2. (Read 1710 times)

full member
Activity: 238
Merit: 100
agree, so don't say who is scam
sr. member
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
Ofcourse, maybe the biggest one ever. Remember how LTC was supposed to be GPU and ASIC resistant, yet they chose an N-Factor that needs very little RAM, resulting in an "easy" to code GPUminer and an "easy" to develop ASIC. Some crazy people even say the devs knew that there was no GPU resistance and coded their own GPU miner.  Wink
full member
Activity: 140
Merit: 100
The biggest scam of them all is fiat so I would not worry so much Smiley

Litecoin is doing some good development work with Bitcoin OMG and bringing those features into Litecoin itself. I'd be more cynical of coins that do absolutely nothing and simply disappear after hitting an exchange. Litecoin does not deserve to be called a scam considering their efforts, they are better than the majority of new coins.
legendary
Activity: 1246
Merit: 1000
I get tired of the scam accusations against numerous coins so i'll throw one out there. Isn't it a conflict of interest that Charlie Lee's brother owns the world's biggest Bitcoin exchange? What better way to enrich themselves than to create a coin, market it as the "silver" to Bitcoin's gold, hype it up for a year to get people wondering when it will hit BTC China, then finally unleashing it and making huge profit off the sale of it?

See how this game is played?
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