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Topic: Litecoin will rise more? - page 24. (Read 3455 times)

hero member
Activity: 686
Merit: 500
April 29, 2018, 11:22:35 AM
#6
Just like a noob selling out on the first leg up. Tongue But seriously, he seems conflicted about whether it was a good thing or a bad thing. If he truly sold out to "avoid conflicts of interest" like he says, then it should have been the right decision.
member
Activity: 322
Merit: 10
April 29, 2018, 10:55:38 AM
#5
I think yes. Litecoin is the best due to the scarcity of coins, I believe 84 million max. And Charlie Lee really is striving to make Litecoin one of the most valuable cryptos simply through usability/utility. Litepay is rolling out which will allow for widespread adoption of the crypto and they the "big" surprise for 2018.
hero member
Activity: 882
Merit: 544
April 29, 2018, 10:00:16 AM
#4
This was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.
It would become a real decentralized cryptocurrrency if some few core developers of it stops following litecoin, and sells of all of their coins but the price movements at that point would depend solely on community alone.
What is your idea?
I think litecoin itself can survive even without it's developers(since it is one of the coins that are good to use for settling transactions fast) and has coinbase supporting it(making it more visible to people since coinbase is a well known crypto broker). For this two reasons, I think LTC can rise more.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
April 29, 2018, 09:42:54 AM
#3
Litecoin creator Charlie Lee sold all of his holdings in December last year.  He’s now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.

Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.

What is your idea?
litecoin team has made a big mistake by spread the bullshit rumour to create hype to the litepay.us, and litecoin gets rekt right now.
Charlie has sold all of his holdings, and it doesn' matter. The only main reason people are not feeling convenience again with it (litepay story).

You can see that how official twitter of litecoin team created an apology for their mistake overhyped to the  litepay. 
sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
April 29, 2018, 09:28:42 AM
#2
With Charlie out of it, there are very few core developers following it. Which would make it's further development lousy.
It doesn't have a huge community and userbase like bitcoin and has no proper team to lead any further. So, it just on its own.
newbie
Activity: 73
Merit: 0
April 29, 2018, 09:23:28 AM
#1
Litecoin creator Charlie Lee sold all of his holdings in December last year.  He’s now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.

Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.

What is your idea?
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