Litecoin founder Charlie Lee has sold all of his LTC

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Archived
Joined
Dec 2017
From
UK
Hey All,

What's your thoughts on today's news the Lee has sold his LTCs?

He got pretty roasted on Reddit and Twitter. I see the price is a little down but steady, so it doesn't appear to have hit the market hard.

Is he out as he knows LTC is running out of steam and peaked. Is he genuine? What now for LTC?

Cy
 

V4Vendetta

Moderator
Joined
Apr 2017
From
Texas
Hey All,

What's your thoughts on today's news the Lee has sold his LTCs?

He got pretty roasted on Reddit and Twitter. I see the price is a little down but steady, so it doesn't appear to have hit the market hard.

Is he out as he knows LTC is running out of steam and peaked. Is he genuine? What now for LTC?

Cy
I'm sure LiteCoin will be fine. They still have a bright future. He said he sold them so as to not have a conflict of interest. It seems ethical of him; he probably could have held them for another 5-10 years and sold them for way more, but I'm sure he holds plenty of other coins as well, so I'm sure he's not going broke anytime soon.
 
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