Every whale plays has a well planned strategy in his mind. This might be his. Why would anybody sell his cryptos when the market is bullish.
Seems like there is going to be another wave in the market .
Topic: Litecoin founder Charlie Lee sells his holdings in the cryptocurrency - page 2. (Read 262 times)
December 21, 2017, 02:53:24 AM
December 21, 2017, 02:47:20 AM
it turns out that if he sells all his coins, does it mean that the LTC will fall in price in many ways?
December 21, 2017, 02:40:36 AM
Since he can influence the price, and people always accused him of manipulate the LTC market for his own profit.
Hence he decided to sell off all LTC, and being transparent about it.
In future, those accusation would not be valid against him.
Hence he decided to sell off all LTC, and being transparent about it.
In future, those accusation would not be valid against him.
December 21, 2017, 02:33:21 AM
I think this is a smart move.
I'm not sure how much he had, but we don't want a satoshi like thing hanging over litecoin.
Also, by announcing it after he did it, he did not influence the market as the transactions already happened.
I'm not sure how much he had, but we don't want a satoshi like thing hanging over litecoin.
Also, by announcing it after he did it, he did not influence the market as the transactions already happened.
December 21, 2017, 02:26:29 AM
Its only a marketing strategy he wants you to sell our LTCs so he can buy it back with cheaper price,i heard some rumors that he will join Roger ver's team i hope he wont do that BCash is manipulated.
December 21, 2017, 02:23:25 AM
I do not think that has to do with the future, it is just his opinion, ltc has been doing really well recently so how can its developer can think negative about it?
December 21, 2017, 02:02:44 AM
https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html
(except for some physical ones he keep as collectibles)
Strange to sell his tokens for the reason he gives: he does not want to influence the market?
Or does he secretly believe his coin has no future?
Discuss.
(except for some physical ones he keep as collectibles)
Strange to sell his tokens for the reason he gives: he does not want to influence the market?
Or does he secretly believe his coin has no future?
Discuss.
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