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Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 124. (Read 1467474 times)

newbie
Activity: 56
Merit: 0
CEO of LitePay, informing that he has ceased all operations and is preparing to sell the company.

https://litecoin-foundation.org/2018/03/announcement-on-litepay/

Is this really true? I wonder who will agree to buy it and how soon it will happen

Yes it's true. There is nothing of worth to buy. Nobody needs it.

I see, thank you. And what about those who already bought tokens?

Sadly the people who already bought the tokens, you got caught in a pump and dump scheme while Charlie Lee was hyping it with the fake LitePay stuff. Don't worry it's not his fault, he sold all his Litecorns a long way ago at the ATH.  Wink

Those are some serious accusations got any proof?
sr. member
Activity: 1022
Merit: 340
I can proudly say that this project will work and it will be successful because it is  useful to the people who are having a hard time of choosing other services that are of poor quality and not affordable.
That's at least something positive emerged, and everywhere only negative writing. I am pleased to see the confidence in the project. This is the most powerful thing a person, but otherwise without faith it is not worth investing, and so in any case. I will say to the hand, that this project will not die as long as there is a market cryptocurrency. Perennial community and extensive experience will further your cause.
hero member
Activity: 1276
Merit: 622
CEO of LitePay, informing that he has ceased all operations and is preparing to sell the company.

https://litecoin-foundation.org/2018/03/announcement-on-litepay/

Is this really true? I wonder who will agree to buy it and how soon it will happen

Yes it's true. There is nothing of worth to buy. Nobody needs it.

I see, thank you. And what about those who already bought tokens?

Those people have Litecoins. You trying to tell me there were people who bought Litecoins just so they could use them exclusively on LitePay? Strange...

That's like someone buying a motorcycle just to race on a specific racetrack. And then that track never opens. And they're asking themselves what will they do with the bike, since they can't ride it. Completely ignoring all the millions of km of roads around the world...
legendary
Activity: 1667
Merit: 1008
Stoned & Stranged
CEO of LitePay, informing that he has ceased all operations and is preparing to sell the company.

https://litecoin-foundation.org/2018/03/announcement-on-litepay/

Is this really true? I wonder who will agree to buy it and how soon it will happen

Yes it's true. There is nothing of worth to buy. Nobody needs it.

I see, thank you. And what about those who already bought tokens?

Sadly the people who already bought the tokens, you got caught in a pump and dump scheme while Charlie Lee was hyping it with the fake LitePay stuff. Don't worry it's not his fault, he sold all his Litecorns a long way ago at the ATH.  Wink
jr. member
Activity: 532
Merit: 1
CEO of LitePay, informing that he has ceased all operations and is preparing to sell the company.

https://litecoin-foundation.org/2018/03/announcement-on-litepay/

Is this really true? I wonder who will agree to buy it and how soon it will happen

Yes it's true. There is nothing of worth to buy. Nobody needs it.

I see, thank you. And what about those who already bought tokens?
hero member
Activity: 1276
Merit: 622

It looks like Litecoin is falling in prices day by day. Charlie Lee is still working on its developments or ditching this already? Litecoin is still a top coin and supposedly competing against the other top coins. I hope this recovers once the whole market stabilizes.

The whole crypto market is falling. This is normal. It has nothing to do with development. Inhale. Exhale. The bull market will return. Maybe in a month, maybe in a year or two. Find something to do in the meantime. Enjoy life. Thank me later Wink
legendary
Activity: 1076
Merit: 1006
Canary in the crypto mine!

... Charlie Lee ... ditching ...

Absurd accusation.
hero member
Activity: 868
Merit: 506

It looks like Litecoin is falling in prices day by day. Charlie Lee is still working on its developments or ditching this already? Litecoin is still a top coin and supposedly competing against the other top coins. I hope this recovers once the whole market stabilizes.
newbie
Activity: 182
Merit: 0
It's called litecoin... but the blockchain still grows forever.
A simple tweak to block generation is all I see for faster transactions.
So far all I've seen on alternative clients is simple tweaks. What happens if a new client actually contributes something significant and noticable..
newbie
Activity: 3
Merit: 0
As much as I want to hold and purchase more litecoin at these rock bottom prices, I can't just watch my money disappear. For now, I must find more stability until this news starts to settle down a bit. For others, don't get discourage. Litecoin is a rock solid project that may come back even stronger. I don't see it falling below $100 but it may still have a way to go before an uptrend. This is all just potential for us to make more money and spend it in the shadows.
full member
Activity: 770
Merit: 112
Wow, pretty sad what is happening to LitePay, Charlie Lee and the Litecoin Foundation have apologized for failing to conduct due diligence on LTC-based payment processing startup LitePay!!! And, unfortunately, I think this could affect LTC! Here's the sad news https://www.ccn.com/we-got-too-excited-charlie-lee-litecoin-foundation-apologize-after-litepay-vanishes/ !
Welcome to LitePay! Has LitePay been launched? Which services this one bring to Litecoin community and crypto-users.?

You should get an award for this question, but to answer you, LitePay it was over before it started! It would've brought many improvements in crypto debit card area, but it's never too late though!
full member
Activity: 770
Merit: 112
Wow, pretty sad what is happening to LitePay, Charlie Lee and the Litecoin Foundation have apologized for failing to conduct due diligence on LTC-based payment processing startup LitePay!!! And, unfortunately, I think this could affect LTC! Here's the sad news https://www.ccn.com/we-got-too-excited-charlie-lee-litecoin-foundation-apologize-after-litepay-vanishes/ !
Many fully believed that the foundation was involved, or Charlie was involved, etc. While it is important for the foundation and the community to encourage and support innovators within the space, giving a sense of approval causes too many to accept something without doing due diligence.

I didn't say this issue will kill LTC, Litecoin will do great with or without Litepay, I am aware of that and also I am a LTC fan, but it has a short term negative impact, I can't deny that!
full member
Activity: 504
Merit: 128
CEO of LitePay, informing that he has ceased all operations and is preparing to sell the company.

https://litecoin-foundation.org/2018/03/announcement-on-litepay/

Is this really true? I wonder who will agree to buy it and how soon it will happen

Yes it's true. There is nothing of worth to buy. Nobody needs it.
yes i have read a tweet about litepay of charlie lee
and you are right litepay is no more worth to buy
but maybe after sell the company the new buyer will start it from a new idea and apply new developments
but right now its big risk to get in litepay.
hero member
Activity: 1276
Merit: 622
CEO of LitePay, informing that he has ceased all operations and is preparing to sell the company.

https://litecoin-foundation.org/2018/03/announcement-on-litepay/

Is this really true? I wonder who will agree to buy it and how soon it will happen

Yes it's true. There is nothing of worth to buy. Nobody needs it.
jr. member
Activity: 532
Merit: 1
CEO of LitePay, informing that he has ceased all operations and is preparing to sell the company.

https://litecoin-foundation.org/2018/03/announcement-on-litepay/

Is this really true? I wonder who will agree to buy it and how soon it will happen
sr. member
Activity: 1092
Merit: 252
Dextrust.org #Defi
Wow, pretty sad what is happening to LitePay, Charlie Lee and the Litecoin Foundation have apologized for failing to conduct due diligence on LTC-based payment processing startup LitePay!!! And, unfortunately, I think this could affect LTC! Here's the sad news https://www.ccn.com/we-got-too-excited-charlie-lee-litecoin-foundation-apologize-after-litepay-vanishes/ !
this is the main cause of the decline in LTC prices in the last few days.
but because it was found the location of the problem, then as soon as Developer will fix it and we will enjoy the results later.
so , on this day is good time for buy LTC.
newbie
Activity: 80
Merit: 0
Charlie got the ideas ( LitePay, LitePal ), why not pursue it on their own and rest on others to do it ( and have another LitePay "inc" failure again ) ?
sr. member
Activity: 896
Merit: 251
That was a big plus for Lietcoin but if someone think whole project and market of LTC was running based on this is wrong in thinking. This will have its effect on LTC which can not be denied but it will recover from this surely. I even think before this announcement coming out surely behind the scene some alternatives were taken in consideration by SatoshiLite.
hero member
Activity: 1276
Merit: 622
Wow, pretty sad what is happening to LitePay, Charlie Lee and the Litecoin Foundation have apologized for failing to conduct due diligence on LTC-based payment processing startup LitePay!!! And, unfortunately, I think this could affect LTC! Here's the sad news https://www.ccn.com/we-got-too-excited-charlie-lee-litecoin-foundation-apologize-after-litepay-vanishes/ !
Welcome to LitePay! Has LitePay been launched? Which services this one bring to Litecoin community and crypto-users.?

Do you even?
member
Activity: 99
Merit: 10
Wow, pretty sad what is happening to LitePay, Charlie Lee and the Litecoin Foundation have apologized for failing to conduct due diligence on LTC-based payment processing startup LitePay!!! And, unfortunately, I think this could affect LTC! Here's the sad news https://www.ccn.com/we-got-too-excited-charlie-lee-litecoin-foundation-apologize-after-litepay-vanishes/ !
Welcome to LitePay! Has LitePay been launched? Which services this one bring to Litecoin community and crypto-users.?
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