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Author Topic: Satoshi Lite is sabotaging BTC in advance of Litecoin  (Read 337 times)
justone123 (OP)
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November 02, 2017, 11:21:40 PM
 #1

https://steemit.com/bitcoin/@satoshibakery/satoshi-lite-is-sabotaging-btc-in-advance-of-litecoin

Charlie has mentioned it multiple times that he supports core due to their current roadmap - small blocks.


We know exactly what you are doing, Charlie.


So snake Charlie - the creator of Litecoin(he surely owns a LARGE LARGE amount of Litecoins, plus it's his own product so there is obviously a conflict of interest. Will Charlie decide in the favor of Bitcoin or will he sabotage Bitcoin if that's what it takes to bring Litecoin to the front.

What do you think? 183k followers on Twitter, one of the biggest if not the biggest person of influence when it comes to crypto. He is a developer, so surely he knows what's good about Bitcoin and since majority of the people know NOTHING on the subject because they lack the technical difficulties, they will just trust someone who they think is knowledgeable about the subject - who else than Satoshi Lite??

So Charlie Lee's plan - which has worked VERY well - was to stir up the biggest [no2x] vs [segwit2x] war and create as much drama that he could. All of this just for the advantage of Litecoin.

Proof:



Is Charlie Lee a bad guy. Is he sabotaging Bitcoin?
OgNasty
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November 02, 2017, 11:24:46 PM
 #2

Is Charlie Lee a bad guy. Is he sabotaging Bitcoin?

No.

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justone123 (OP)
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November 02, 2017, 11:28:10 PM
 #3

Is Charlie Lee a bad guy. Is he sabotaging Bitcoin?

No.
Good technical advantage of 1mb block?
Are we stuck with 1mb forever and even after?

If Bitcoin ever gets popular and even if lightning network pans out, the 1mb block limit still won't fit enough people, ending in enormous fees. Is that a good plan for Bitcoin?
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November 02, 2017, 11:43:03 PM
 #4

So Charlie Lee's plan - which has worked VERY well - was to stir up the biggest [no2x] vs [segwit2x] war and create as much drama that he could. All of this just for the advantage of Litecoin.

Is Charlie Lee a bad guy. Is he sabotaging Bitcoin?

Have you looked at the LTC/BTC price lately? It's been crashing for months, with fresh new lows earlier today. It topped in early July shortly before the Segwit2x drama began. And then it began crashing hard as soon as BIP91 signalling began. There was a relief rally in August but it was just part of a larger downtrend.

So, that leads me to ask: how exactly has this been good for Litecoin? Its price has dropped by over 60%.

Honestly, I think Charlie's musings on Twitter just go hand-in-hand with Litecoin's raison d'être: to copy literally everything Bitcoin does and nothing more. So he's just regurgitating the Core position. And that's all well and good.

He's kind of dumb and his game theory game is super weak. But I don't think he is sabotaging Bitcoin (not intentionally anyway).
justone123 (OP)
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November 03, 2017, 11:19:06 AM
 #5

Well what do i know..any other oppinions
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November 03, 2017, 11:25:20 AM
 #6

in which way should litecoin take advantage of this drama?
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November 03, 2017, 12:07:54 PM
 #7

everyone is entitled to their opinion.
and some people use their power to influence the market too. that is ok too. in the end none of it will change anything.
there have been lots of users calling bitcoin cash as real bitcoin from before August to this day. as you can see BCH is still an altcoin no matter how much they repeat the same thing. it gets pump and dumped but that doesn't change anything.

Holding Bitcoin More Every Day
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