WTF! Litecoin headed to "zero"?

[cheezcarls]

Twitter user WhiteRabbit (@WhiteRabbitBTC) has made the bold assertion that Litecoin was going to eventually drop “to zero.” To support the claim, WhiteRabbit showed the last 6 months of hash-rate data and referenced the idea that Litecoin shows no price movements in connection to its scarcity.

The statement comes in the form of a sarcastic thank you to Litecoin users everywhere, claiming that their coin has helped Bitcoin by proving that the stock-to-flow (S2F) model doesn’t apply to “shitcoins.” This is a reference to views held by another user, PlanB (@100trillionUSD), who has been vocal about the fact that Bitcoin follows the S2F model, but most other coins do not.

Source link here

Look guys! I know there's a common term here called "Everyone is entitled to their opinion", right?

But WTF? Did this idiot really think that Litecoin is really heading towards zero? I just don't know if Charlie Lee's aware of WhiteRabbit's tweet? Hmmm.....