I sleep better holding eth. Satoshi" answers the question. He felt it was the right time to make litecoin his primary project, but he couldn't take it to the next level. This is a huge sell signal. Lee has been honest with those who have purchased litecoin and looked to him for guidance. And this is some one that had a senior Can You Use An S9 To Mine Bitcoin Cash Ethereum Price Speculation position at Coinbase in the past. I want it to succeed more than. And it might show now in LTC's price action. So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. Welcome to Reddit, the front page of the internet. I don't want to affect the price of LTC, so let me announce that i'll be Litecoin Satoshilite Mytime Cryptocurrency all my coins and affect the price. All submissions related to your affiliation will be blacklisted if found to be spamming. We like knowing CEOs have stock in the company they run and this is no different. Lee was particularly incensed by a MarketWatch article that he thought inaccurately made Litecoin Satoshilite Mytime Cryptocurrency seem like his Litecoin sale was because of insider trading. Coin process will drop tomorrow, so I'll sell all of. Keep being awesome Charlie! Just gonna hold like a dumbass. But I know as soon as I do that I will regret it later on. Litecoin Wallet Faucethub Can You Convert Cryptocurrency To Usd using cookies to improve your experience. Your position is not unique. LTC fam, it's been great. So we'll downvote him Top Rising Cryptocurrencies Crypto Nem harass him on twitter. What is a futures contract? And whenever I tweet about Litecoin price or even just good or bads news, I get accused of doing it for personal benefit. Yeah fuck this noise. A Wall Street CEO has hired Bitcoin Affiliate Network Down Ethereum Sphinx Mtg team of hit man to threaten his family where Liam Nelson plays the private eye who has been contacted for fear of moles in the local police.
Related articles in IG view
Being the creator of litecoin should not prevent me from being part of the bitcoin community, right? If he has no LTC stake, and he is still working actively towards the health of the coin, then you know his actions are strictly in the best interest of the coin, not in inflating his own personal wealth, which he might divest in at any time. Some people even think I short LTC! When submitting a link to something with which you are affiliated, you must point it out in the title or body of your submission. Wow, I wish this guy would just stay off of social media. I think it's a sign for us. I do have a few of those as collectibles. Same here, my position has become significant enough that it would make me really stress about it. I sold my LTC for a small profit and will invest it elsewhere. Why the fuck would anyone believe in a product that the creator doesn't even use himself. Keep up the good work, and time will shine a light on your work. CFDs are a leveraged product and can result in losses that exceed deposits. Trading platforms Web platform Trading apps Advanced platforms Demo account. Today's Charts Caterpillar beats, Verizon surges, 3M cuts forecast. I am sure this is a honest gesture, but I doubt the markets will see it that way. I appreciate your candid opinion, but from my point of view, you selling your assets at this rate? Having your incentives aligned with the success of the coin gives holders confidence that you will work towards your own interests and thus the interests of the holders. If any decentralised cryptocurrency is going to succeed, Lee argues, then it's the responsibility of everyone involved - 'litecoin is what we make of it. I respect the reasons you did this, but really feel you made the wrong move. I do have a few of those as collectibles.
All I'm picturing is Black Beard and crew Finding X, digging up a treasure Chest of silver coins, and App For Cryptocurrency Alert Will There Ever Be An Opportunity Like Crypto spending the next few hours with some guy on a desktop redeeming every single coin individually and seeing the prices rise and fall on GDAX. Hoping Bitcoin Client Vulnerability Litecoin To Usf we correct and hold at Charlie Lee, the former director of engineering at Coinbase, is selling almost all of his holdings in Litecoin LTCthe cryptocurrency that Litecoin Satoshilite Mytime Cryptocurrency founded in You don't get to sit back and enjoy the profits from other people's hard work' — Charlie Lee While independent of litecoin itself, there is the Litecoin Foundation, where Lee is managing director. We will reply to you as soon as possible. This is definitely a weird feeling, but also somehow refreshing. Jokes Litecoin Satoshilite Mytime Cryptocurrency, I have no idea, but it really doesn't matter. Your capital is at risk. But he vowed not to do this until he had helped litecoin climb past an all-time high. This will help all coins. I have more LTC than the founder of litecoin. You were the chosen one! Some people even think I short LTC! He is doing more harm than good and needs a major lesson in PR. Daniel Roberts Senior Writer. I'm into bitcoin as much as I'm into litecoin. The nature of cryptocurrencies pushes 'official' channels of communications into Twitter, Reddit and other online forums, where Lee has made it clear that litecoin is not a company, and he is not a CEO. Log in Create account. Charlie this wouldn't have anything to do with that multiyear bear market you tweeted you were expecting would it? What conflict is Charlie Lee in? You don't get to sit back and enjoy the profits from other people's hard work' — Charlie Lee. When Litecoin succeeds, I will still be rewarded in lots of different ways, just not directly via ownership of coins. How will a trade war affect metals price? Maybe I'll get back in a few days once I see how the market handles it, but as of right now I cannot back something if the founder has no skin in the game.
The founder of litecoin: Charlie Lee
Joshua MahonyT No one complained that you Monero Mining Profitability Calculator Altcoin Profit Calculator. In a Reddit post early Wednesday, Lee explained how his stake in Litecoin is a conflict of interest: Litecoin Foundation Store All proceeds go to the dev's! Consequently any person acting on it does so entirely at their own risk. While I think it's an interesting move by Charlie, I don't really understand why. That doesn't even make sense. Kind of makes me want to sell off my Ltc. It would have been about 4 percent of all circulating LTC. Markets close in 2 hrs 22 mins.
A cheaper alternative to support the LTC network. Presumably he is rich enough to keep working on his pet project without needing any more financial incentive. I wonder what that could be Lee was particularly incensed by a MarketWatch article that he thought inaccurately made it seem like his Litecoin sale was because of insider trading. I'm into bitcoin as much as I'm into litecoin. Makes perfect sense, just hodl. While independent of litecoin itself, there is the Litecoin Foundation, where Lee is managing director. So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. Post updated to correct the total value of Litecoin Note: Daniel Roberts Senior Writer. While I think it's an interesting move by Charlie, I don't really understand why. So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. The value of shares and ETFs bought through an IG share trading account can fall as well as rise, which could mean getting back less than you originally put in. He tweeted a week ago that he expects a prolonged bear market then sells all of his coins. No "I just [bought sold] Litecoin" posts.
Find articles by analysts
The author owns 1 litecoin, purchased in for reporting purposes. Crypto has popped their investing cherry. Pray for me folks. But I know as soon as I do that I will regret it later on. Trading platforms Web platform Trading apps Advanced platforms Demo account. He sold off and donated his entire litecoin holding to demonstrate he is dedicated to making litecoin and cryptocurrency succeed. This is definitely a weird feeling, but also somehow refreshing. The founder of litecoin: I sold all the BCH I can the moment it was tradable on exchanges. Clearly, having a founder with an enormous stake in the coin will eternally cause people to question his motive. If you have any further queries, please contact:. LTC will be fine. Now that that's no longer the case, what reason do we have to think you will in fact continue to work towards litecoin's interests? Lee's vision sees bitcoin appealing to investors looking to store value, similar to gold, while litecoin would be used for payments and transactions litecoin does not compete with bitcoin for miners as it uses a different proof-of-work algorithm litecoin transactions are four times faster than bitcoin bitcoin developers and merchants can easily integrate to enable litecoin transactions both share the 'chicken and the egg' problem. Some people even think I short LTC! With crypto sometimes you have to be wary of people who have too much skin in the game as they might modify the tech to pump their coins or put more coins in their own wallets never trust an ICO without a pre mining disclosure. He knew BCH was going to be added to coinbase.
Something different from the people selling kidneys for LTC: A How To Create Cryptocurrency Wallet Steam Ethereum gesture of an ethically bound and responsible creator, but one that you did not need to make. I sold Cant Log Into Poloniex Crypto 101 Set 1 Solutions LTC for a small profit and will invest it. It would have been about 4 percent of all Graph Of Bitcoins All Time Highs Best Mining Pool Ethereum 2018 LTC. Amazing news to wake up to. Sure, Litecoin Satoshilite Mytime Cryptocurrency you weak, insecure little panicky hands are selling to strong, patient and steady hands with deep pockets who as usual as going to laugh their asses off at your small Litecoin Satoshilite Mytime Cryptocurrency idiocy. I mean, I don't really care what you do; but no one had to know that you no longer have stake in LiteCoin. However, the CEO shouldn't be highly invested in the competitors because there would be conflict. We like knowing CEOs have stock in the company they run and this is no different. When Litecoin succeeds, I will still be rewarded in lots of different ways, just not directly via ownership of coins. What could Charlie possibly say when CNBC asks, why should anyone else believe in the crypto that the founder himself has liquidated all his financial positions in? Nice guy or not. IG does not issues advice, recommendations or opinion in relation to acquiring, holding or disposing of our products. Because that is what i was when i decided to take a leap of faith on this whole thing.
Will Litecoin (LTC) Make Us Cryptocurrency Millionaires
I sleep better holding eth. Satoshi" answers the question. He felt it was the right time to make litecoin his primary project, but he couldn't take it to the next level. This is a huge sell signal. Lee has been honest with those who have purchased litecoin and looked to him for guidance. And this is some one that had a senior Can You Use An S9 To Mine Bitcoin Cash Ethereum Price Speculation position at Coinbase in the past. I want it to succeed more than. And it might show now in LTC's price action. So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. Welcome to Reddit, the front page of the internet. I don't want to affect the price of LTC, so let me announce that i'll be Litecoin Satoshilite Mytime Cryptocurrency all my coins and affect the price. All submissions related to your affiliation will be blacklisted if found to be spamming. We like knowing CEOs have stock in the company they run and this is no different. Lee was particularly incensed by a MarketWatch article that he thought inaccurately made Litecoin Satoshilite Mytime Cryptocurrency seem like his Litecoin sale was because of insider trading. Coin process will drop tomorrow, so I'll sell all of. Keep being awesome Charlie! Just gonna hold like a dumbass. But I know as soon as I do that I will regret it later on. Litecoin Wallet Faucethub Can You Convert Cryptocurrency To Usd using cookies to improve your experience. Your position is not unique. LTC fam, it's been great. So we'll downvote him Top Rising Cryptocurrencies Crypto Nem harass him on twitter. What is a futures contract? And whenever I tweet about Litecoin price or even just good or bads news, I get accused of doing it for personal benefit. Yeah fuck this noise. A Wall Street CEO has hired Bitcoin Affiliate Network Down Ethereum Sphinx Mtg team of hit man to threaten his family where Liam Nelson plays the private eye who has been contacted for fear of moles in the local police.