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/biz/ - Business & Finance

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5253161 No.5253161 [Reply] [Original]

LTC founder sells all his coins
>teehee dont worry guys I will make sure this is going to be the best coin ever despite having zero skin in the game!

>> No.5253182

>>5253161
https://twitter.com/SatoshiLite/status/943383615466979328

Link to official twitter

>> No.5253205

>>5253161
link to offical (((leddit))) post

>> No.5253364

>>5253161
this isn't news? lol

>> No.5253764

>>5253161
bump for relevant fucking news you stupid faggots

>> No.5253793

>>5253161
Segwit opens your coins for theft.

Someone pushed segwit on him like they did to Core.

>> No.5253856

>>5253161
bubble about to pop.

>> No.5253858

>>5253793
I... what?

>> No.5253910

>>5253856
Perhaps, smart move on his part to sell at ATH lol. Maybe he'll get his $20 entry

>> No.5253927

>>5253858
Miners can fake transactions using segwit.

Why do you think he sold all his coins?

>> No.5253953

>>5253927
because he's a fucking scammer?

>> No.5253970

>>5253953
He had no choice perhaps.

>> No.5253988

Should I sell? I'm all in.

>> No.5254031
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5254031

>>5253161
Charlie Li actually cashed out. he was at the top of the Ponzi kekekekek leaving you bagholders holding heavy bags

>> No.5254041

>>5253988
F
>>5253970
LOL sure buddy
Imagine i'm the CEO of a company and I sell all my equity in the company. REALLY INSPIRES FAITH

>> No.5254048

>no more skin in the game

SELL SELL SELL

>> No.5254063
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5254063

>>5253953
and TA FAG can you give me a quick rundown on ETH, what is the current floor and ceiling and so?

>> No.5254119

WHAT THE FUCK

>> No.5254152

>>5254031
>Doesn't simply misuse the Ponzi meme
>Actually has no idea how a Ponzi works.

The level of brainlet required to think that the top cashing out is what topples the system....

>> No.5254171

>>5254041
Faith?

He said it was going to crash 80% you brainlet.

>> No.5254182
File: 181 KB, 1763x880, www.tradingview-8.png [View same] [iqdb] [saucenao] [google]
5254182

>>5254063
ok fine because of the qt3.14 desu

Looks fucking amazing mate, will probably retest the previous pump high
Such a clear uptrend, I should have longed.

>> No.5254195

Why would you hold useless shit that's only a little bit better than bitcoin in the peak of a bubble, anyone with an iq above 90 doesn't hold litecoin

>> No.5254198

Just sold 50. See you guys at sub 300 when the normies wake up

>> No.5254250
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5254250

>>5254152
kekekekekek coping litefags. see you at $3 fagots. I advise you to invest a real coin with real world applications
>>5254182
thanks TA fag, you are an amazing tripfag. you make /biz/ amazing

>> No.5254251

>>5254182
ooh ooh!

Do verge!

>> No.5254280

>>5253161
Yeah, so?

>> No.5254315

>>5254251
TA is useless on things that have gone up 300%

>> No.5254329
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5254329

>>5254171

>> No.5254399

>>5254329
he might finally get his entry LOL

>> No.5254413

>>5254399
K

>> No.5254417
File: 334 KB, 1080x1920, Screenshot_20171220-013046.png [View same] [iqdb] [saucenao] [google]
5254417

I like Charlie

>> No.5254424

>>5253161
Hey TA fag, thoughts on what will happen to BCH and BTC in the upcoming hours?

>> No.5254429

Of course he did it, his last p&d failed and Bitcoin up trend is over

>> No.5254494

>SO WAIT HOLD UP
Meteoric LTC growth
>WAIT SO DAT MEAN
#1 figure behind LTC publicly drops bags
>NAW FOR REAL
Scam scam scam is the new feint within feint within feint
>BUT MUH EARLY ADOPTER
>BUT REAL BUBBLE HASN'T EVEN BEGAN
>BUT UH REAL WORLD ADOPTION

Ready the life boats captain, women and children first. Bagholders go down with the ship

BTW:
>checkem

>> No.5254507

LTCs creator no longer has any incentive to make LTC a success which is the whole point of POW, staking, holding - that those who do have a stake are strongly incentivized to make the coin a success, it's the very foundation of crypto.
Even Charlie Lee sees the writing on the wall for BTC/LTC (as they're strongly intertwined) and clearly he never held the belief that crypto will revolutionize money and that LTC will become money one day - that's as clear an admission of a pump & dump as you can get as that's the whole value proposition of crypto.
He just pumped the price so he can cash out into fiat and now leaves the poor suckers holding the bags.

>> No.5254527

>>5254424
I'm super tired so i'll keep this brief
It all depends on how the media spins this whole thing. There is no clear superior coin and I would rather them both coexist peacefully (even though I have sold all my BCH) but these BTC fees are getting out of hand. Withdrawing 6btc or so from bitmex cost me like 100 USD.

>> No.5254536
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5254536

Thank you for making me billionaire, fishes. <3 Charlie

>> No.5254605

>>5254527
> here is no clear superior coin
That's not the point, Core team was bought to sabotage BTC.