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Following an unprecedented day of trading for Litecoin at a higher daily USD volume than bitcoin, suspicions of a ‘pump-and-dump’ scheme in China have arisen following a correction in price.
There has been a great deal of talk online about the supposed “death” of Litecoin, mainly because of its steep price decline over the last few months.
On July 7, Charlie Lee, creator of Litecoin (LTC), wrote a post on Reddit to offer a fix for the current spam attack to the Bitcoin network.
Charlie Lee about Litecoin, other Altcoins, Bitcoin, and “next-gen” Blockchain related projects.
The 24-hour Litecoin trading volume is edging close to overtaking that of Bitcoin, as traders and developers investigate alternatives to BTC's backlog, while fears of a pump and dump rise.
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Analysis of Litecoin’s price since the launch of trades in 2012 till now. What prospects does Litecoin have in 2016?
When it comes to talking about altcoins, there is one cryptocurrency that simply cannot be ignored, as it is the “mother” of all altcoins. Litecoin was originally designed to be the complementary cryptocurrency to Bitcoin, but it has achieved much more than that.
Litecoin users are bothered by global environmental problems and were able to raise 10000 dollars to provide solution to a vital problem of Madagascar.
The situation on the cryptocurrency market seemed to be rather stable during the past week. The main competitor, Bitcoin, has not suffered any severe attacks, and has avoided any major price fluctuations.
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