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Author Topic: Will Litecoin die?  (Read 1552 times)
cloud.runner (OP)
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December 26, 2017, 04:31:30 PM
 #1

The creator of Litecoin has sold out all his Litecoins, will it dies eventually?
beskid
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December 26, 2017, 04:40:01 PM
 #2

Over the past year, Litecoin has risen in price by 75 times. By market capitalization, it is among the five most popular crypto-currencies.
There was information that Bitcoin would no longer be used to conduct operations on a major Steam playground. This crypto currency will replace Litecoin. In this regard, it has increased demand.
itsmebigs21024
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December 26, 2017, 04:45:51 PM
 #3

I think litecoin has just begun think about it. Charlie Lee sold all his coins so it was not a conflict of interest. Lite pay credit card is coming also I hear facebook will be Makin king it possible to send and receive payments via litecoin
Sniar
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December 26, 2017, 04:48:05 PM
 #4

Nope, why should it die? It's still on the market and looks nice.
I don't think that something might change so rapidly right now.
Coinscouting
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December 26, 2017, 04:49:02 PM
 #5

Yes, Viacoin will eventually crush the souls of every Litecoin holder.
jerrysmith
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December 26, 2017, 04:49:38 PM
 #6

It is the system of increasing the demand and value of a currency.
Without any fluctuation no currency or digital assets increase their demand in the market  
jossiel
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December 26, 2017, 04:58:06 PM
 #7

The creator of Litecoin has sold out all his Litecoins, will it dies eventually?
It doesn't matter if Charlie Lee sold out his all litecoins.

He can tell that he sold it and look at the timing before he sold it, the price is up and after selling it everything went down in cryptocurrencies.

I doubt that he will not keep his own coin due to conflict of interest, we know on how they are playing well when it comes to their own game.
~Bitcoin~
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December 26, 2017, 06:23:34 PM
 #8

The creator of Litecoin has sold out all his Litecoins, will it dies eventually?
Lee might not have sold all his litecoin and there is no way he can prove that he is not holding any single litecoin right now.

I think that statement is basically part of big hype so that people will get into litecoin thinking that there is no any large holder who can dump when price will be at peak.

Lee might be making all those stories, I don't believe his words... Roll Eyes Grin

Saimabutterfly
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December 26, 2017, 06:47:53 PM
 #9

Thats nothing special, Litecoin is a community coin rather than an owner's coin. So it wont get affected by this.

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December 26, 2017, 06:48:58 PM
 #10

before i read this i thought that Lee is one of the honest in this crypto-coin-world. but now..
Shaour Zafar094
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December 26, 2017, 06:49:07 PM
 #11

The size of the market is so big that it cannot die but can fluctuate but it cannot die.
dead_m92
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December 26, 2017, 06:51:48 PM
 #12

Because the owner of litecoin sold all his litecoins it does not mean that this coin is going to die soon.
You really need to try to understand a little bit more about what is really happening instead of posting crap in here.

And no, he dumped his coins and he obviously said that they were not even more than 10000, he did not even changed the price of the altcoin, just check the charts and the moment in where he sold out his litecoins.

Came on, litecoin is not dying, and the price has increased by more than 70 times during this year.


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cryptamod
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December 26, 2017, 06:52:35 PM
 #13

The creator of Litecoin has sold out all his Litecoins, will it dies eventually?
LOL,its just a market strategy he wants us to dump our LTCs and then he will buyback.Any CEO/Founder of companies cant do that because the person next to him would have more power than him,if he sold all of his holdings the LTC price would go down exponentially which did not happened,

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passwordnow
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December 26, 2017, 06:55:22 PM
 #14

before i read this i thought that Lee is one of the honest in this crypto-coin-world. but now..
Yeah, with his activeness on twitter I thought that he is the man. But now with his movements, it shows that a person can be controlled by money and that what just happened to him. He sold all of his litecoin and keep on changing the minds of the people that there is some conflict of interest to his move. Only a person that really is ignorant on things when it comes to profiting will not notice that.

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December 26, 2017, 06:58:34 PM
 #15

Litecoin is Bitcoin made right.
No premine, unlike Bitcoin with Satoshi millions.
Fair launch, no ICO bullshit, even Charlee Lee has to buy his litecoins.
Made by real developer: MIT graduate, former google engineer, probably most competent developer in crypto space. Unlike bitcoin with magical "best programmers in the world" core team.
Real non anonymous founder you can talk to.
No Segwit drama, no transactions problem.
It just works.
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December 26, 2017, 06:59:33 PM
 #16

The creator of Litecoin has sold out all his Litecoins, will it dies eventually?
The solding of the creator's coins doesn't mean that this coin faces death. If it is perspective and needs the world it will grow in the future
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December 26, 2017, 07:01:29 PM
 #17

Die? Litecoin will die? Litecoin is just starting to bloom. If you actually read what Charlie Lee said about why he sold all his litecoin, he got his own points there.

Despite all the craps and bullshit everywhere, I will hodl strong to this coin. $1000 coming soon.

Smile
maeusi
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December 26, 2017, 07:03:00 PM
 #18

The creator of Litecoin has sold out all his Litecoins, will it dies eventually?
The creator gave away his Litecoins, because he is tired of suspicions,  he would dump and bump his cryptocurrency. He is still supporting Litecoin and it will not die. At beginning of the year it was on 8$ and look, where it is now. It will ever be the real Bitcoin Silver.
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December 26, 2017, 07:06:45 PM
 #19

The creator of Litecoin has sold out all his Litecoins, will it dies eventually?

in cryptoeconomics there are fundamental odds working against all coins:

1. the markets logic:

most attention highest value

2. loss of premine, no developers left and no one interested in promoting it except the coin owners,

3. higher value higher transaction costs lower useability.

regards

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December 26, 2017, 07:06:50 PM
 #20

Litecoin is very successful lately and it does not look like It's dying. However, announcements like Lee's do make people start worrying. But at first sight, it does not look  like it has affected Litecoin. Maybe it's part of the strategy, to create some buz around the brand and let's hope that Litecoin will keep going strong.

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