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Author Topic: LTC LITECOIN Foundation - Who and what is it ????????  (Read 816 times)
YipYip (OP)
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August 06, 2013, 02:13:43 AM
 #1

Goat has created this foundation...who is he and what does he represent as furthering the goals of LTC Huh

This is some background on his past activities going back to the NO 1 SCAM for the whole of CRYPTO

PIRATE40 PONZI

As a mark against the idea of him creating a running a
 closed ,
non trasparent,
un-stated goals
foundation for LTC let me remind you that he was involved in the theft of over 70000 btc this add s a lvl of loss of trust .....lolz

So GOAT is now stepping back out of from the shadows from where he was taking a % cut to funnel more BTC into the confers of Pirate & himself

When it all went pair shaped His response was "Its not my Problem "  apart from $$$$$$$ in commissions that he made

So the whole idea of having LTC represented by a QAUSI official foundation that is NOT transparent and run by a previous PONZI participant is a fucking joke !!

Who are the members,whose getting paid......no one knows but what we do know is that GOAT created it and runs it !

He said that Colbee (creator of LTC) supports his "FOUNDATION" Colbee was asked and stated this is totally unture !!

So why not trust goat ...well i just gave u 70000 btc reason to not do so !!!

To put this all in context to say he is doing all of this out of the goodness of his heart (NON PROFIT) is another FUCKING joke !!

2000ltc donation was a way to bribe his way back into the light from the shadows.... of working for/on  such a monumental PONZI scam (what about the ~3000 btc in commisions that he recieved ...were any of those paid back ? NO ...not his problem remember !! )

Since Pirate has now been indited by the SEC they may want to look at his accomplices in this SCAM .... let them see what implacability Goat has for that debacle  

So now u are all up to speed...the idea of letting somebody with this track record be the representation in a TOTALLY dictatorial fashion goes against everything that is crypto & LTC

BTW.. Check your facts b4 you fly off the handle...ask him about everything i have brought up  ....i.e the guy you may be working with for the last 12 months had a life b4 you have known him !!  

So if there was a vote about this foundation "I VOTE NO" but lets see there is not ...run by a ex-scammer who says that the foundation doors are sealed and locked "because it works better this way "  better this way for who ...him !!!

This is all a marketing exercise for him to fire up his operations under the total fucking lies of NON-PROFIT!!!!!

Honestly go make your coins thats fine but this foundation bullshit it FUCKING STINKS  and is being used as

A VEHICLE TO MAKE $$$  PLAIN & FUCKING SIMPLE !!!

OBJECT NOT FOUND
jasinlee
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August 06, 2013, 03:20:04 AM
 #2

Wow, good summary.

BTC 1JASiNZxmAN1WBS4dmGEDoPpzN3GV7dnjX DVC 1CxxZzqcy7YEVXfCn5KvgRxjeWvPpniK3                     Earn Devcoins Devtome.com
Walt Sobchak
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August 06, 2013, 03:56:30 AM
 #3

Do you have more info on this purported ponzi scheme? I'd like to find out more about it. If it's true then wow... not very dude at all.

Smokey, this is not 'nam, this is bowling. There are rules. Do as the dude would wish, and mine some Lebowskis! https://bitcointalk.org/index.php?topic=260311.0
Chronikka
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August 06, 2013, 04:01:30 AM
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Do you have more info on this purported ponzi scheme? I'd like to find out more about it. If it's true then wow... not very dude at all.

Google Pirateat40. Ran the biggest ponzi scheme in bitcoin history. He was just indicted for it too  Grin

"The true sign of intelligence is not knowledge but imagination"  -Albert Einstein
Walt Sobchak
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August 06, 2013, 04:05:03 AM
 #5

Do you have more info on this purported ponzi scheme? I'd like to find out more about it. If it's true then wow... not very dude at all.

Google Pirateat40. Ran the biggest ponzi scheme in bitcoin history. He was just indicted for it too  Grin

Reading up on it now

Smokey, this is not 'nam, this is bowling. There are rules. Do as the dude would wish, and mine some Lebowskis! https://bitcointalk.org/index.php?topic=260311.0
Cyberdyne
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August 06, 2013, 04:06:16 AM
 #6

IMHO, Occam's razor says that Goat got screwed by Pirate just as badly as everyone else did.

Having said that though, I don't see the need for an LTC foundation.

Just as I don't really see the need for a BTC one either.
Chronikka
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August 06, 2013, 04:12:43 AM
 #7

IMHO, Occam's razor says that Goat got screwed by Pirate just as badly as everyone else did.

Having said that though, I don't see the need for an LTC foundation.

Just as I don't really see the need for a BTC one either.


The bitcoin foundation is needed simply becasue its members consist of the people who control the Bitcoin source code. But your right there is no need for a Litecoin foundation. Its probably somebody (goat) taking advantage of the name more than anything else.

"The true sign of intelligence is not knowledge but imagination"  -Albert Einstein
dida
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March 20, 2017, 08:02:27 PM
 #8

IMHO, Occam's razor says that Goat got screwed by Pirate just as badly as everyone else did.

Having said that though, I don't see the need for an LTC foundation.

Just as I don't really see the need for a BTC one either.


The bitcoin foundation is needed simply becasue its members consist of the people who control the Bitcoin source code. But your right there is no need for a Litecoin foundation. Its probably somebody (goat) taking advantage of the name more than anything else.

Nope...look harder  Wink
mining1
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March 21, 2017, 11:38:29 PM
 #9

Seriously, not even ltc's creator cares about litecoin..whoever is buying ltc is basically someone on who chinese miners dump their worthless mined coins. 0% real usage, and no future.
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March 22, 2017, 11:12:09 AM
 #10

Seriously, not even ltc's creator cares about litecoin..whoever is buying ltc is basically someone on who chinese miners dump their worthless mined coins. 0% real usage, and no future.
Incorrect. Litecoin is actually the next currency to bitcoin by real adoption and usage.
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