Charlie Lee is moving from Litecoin to NANO

[cryptotitan]

He didnt say he will switch to NANO,the just want to express his support to a great coin like NANO,being a good man he doesnt mind if the coin is LTC's competitor and it shows that he is un-biased because most of the people wont do that to their competitors,what a great sportmanship that he has,we might see some merging of team if the NANO will postitively response to charlie lee.

[mangkanor]

Adopting is different from moving,we wont abandon his own coin because he knows what will happen to his team,the users of his coin.He is just showing some great sportmanship because it is really unexpected from a competitor to give commends to LTC's counter side.This is why i am loving this man,a great true cryptocurrency lover.

[cryptodrei]

He is really a good man,he will never be the same as others like Roger Ver which is clearly showing competitions with the other coin's .He will just adopt to NANO's technology because he is convinced to its potential,but the didnt say he will switch from LTC to NANO.He also have some NANOs because he truly believe it is a good coin,we will see how will NANO reacts to Charlie Lee's support.

[Visin]

He didnt say he will switch to NANO,the just want to express his support to a great coin like NANO,being a good man he doesnt mind if the coin is LTC's competitor and it shows that he is un-biased because most of the people wont do that to their competitors,what a great sportmanship that he has,we might see some merging of team if the NANO will postitively response to charlie lee.

So, that means the coin will get pumped then the money from NANO will be pumped into Litecoin. Not a bad strategy.

[makuhpal]

He just want to express his thoughts,supporting his coin's competitor is really unexpected but it shows how good he is,competition wont be the reason why he will disrespect other's project.He is not another Roger Ver,but he is a great man which i showing a good sportmanship with his competitor,we will see how this statement will affect NANO's price.

[bratbu]

What a clickbait,he isnt moving from LTC to NANO and he just express his thoughts about NANO,if he really appreciate something either its a competitor or not he will support it,the technology behind NANO is really promising and we could see how these two coin could make a better coin.I want to see LTC + NANO fork so that these two will be more massive.

[aoluain]

Q. Would this be classed as FAKE and MISREPORTED NEWS?
A. Yea

its always good to check a reliable source in these situations and in this
situation the source of the river is Charlie himself.
His twitter post from 40 minutes ago puts a dam across that river.

For those of you that are upset that I posted something positive about a "competitor", all I can say is too bad.
There's room for more than 1 coin. I call it as I see it. If you have been following me for a bit, you've seen that
I also like Monero & Decred. Now, back to Litecoin!

https://mobile.twitter.com/SatoshiLite/status/968977291748417536

[yugyug]

Charlie is not moving or leaving Litecoin in favor of NANO, he made countless effort to build his own cryptocurrency some years ago and it is stupid to leave what you own, but i think he is willing to give support to NANO project or try to merge this 2 technologies to make more innovative.

[ac2eugenio]

He is just showing a good spotmantship with his competitors,he is not like Roger Ver who are disrespectful to his competitors.Charlie Lee is a visionary and he knows how to handle things,a good technology will always be welcome to people like Charlie Lee,he doesnt mind if that coin is a competitor or not,the technology of the coin would be the reason why he shows support to it.

[peterthegreat]

Charlie is very postive about NANO and thinks the technology behind it is very good. It does not mean he is moving from litecoin to nano.

Maybe he will learn something new and add it to litecoin.

[Layonk]

Wow! This is unexpected, because NANO is a competitor of LTC. Many seriously consider NANO like a killer Litecoin. I think that NANO will soon increase in price.

I am sorry for my bad, by the way who is charlie Lee? Is he important guy in crypto?
If so, yes i am sure that the altcoin which he support will go to the moon. Maybe nano too.

[Crypt0m0nster]

I really admired Charlie Lee.He was one of the most influence person in Crypto world.I have 30% of my portfolio in LTC and i have more than 80+ coins/token including nano.

Charlie Lee is big pumper and scammer.
Not only him and every other crypto CEO/Creator/miner all(90%) scammers.
When he sold,LTC it was really brave and good decision.
Now admitting that he is holding Nano which is phishy.
If Google founder Larry page sales ALL his shares and buys yahoo shares.Commenting as "Yahoo has good technology and we need more than one search engine".
we were in bear market and BTC doing correction and other ALTs are going down including Monero,Dash,LTC,ripple or other or your fav alts.
Nano was pumping after massive 12% coin stolen.It was not proved as secure technology and it was not even more than year project.how is it pumping from almost $5-$6 to nearly $20 in week which is 400% with huge volume.

People like charlie Lee and Binance are making huge profits.

Crypto           = Drugs
CEO/Creators = Drug owners/Manufactures
Exchanges     = Drug Dealers
Miners           = Drug Transporters
Public            = Public

you tell me,Who is making more money with public.

I am                          = one in Public
What am i doing here  = believed in revolutionary technology Block-chain
Why am i still here      = just to make purely money like others.Here every one is so greedy and easy rich scheme by stealing money from
                                    others.

[JuniAiko]

Charlie Lee looked at NANO 2 days ago: https://np.reddit.com/r/nanocurrency/comments/80c6fg/questions_about_nano_from_charlie_lee/

And it look like he adopted it: https://twitter.com/SatoshiLite/status/968931625001140224 ... even though it is a completely different technology and a direct competitor to Litecoin (fast and cheap transactions)

What does it mean for Litecoin and Bitcoin (the coins he was strongly supporting) ?

Even Litecoin and BCash still suffers from scalability issues into the long term. Their strategy simply delays it; but their outdated architecture will never scale infinitely (limited only by internet bandwidth) like Nano could.

Also I really don't like how mining (that do not do any useful work, besides inefficient blockgeneration/validating and generating all that"waste heat") is so environmentally unsustainable too. Not something that I can support in the long-term.

[slaman29]

Er, I don't think NANO is a competitor to Litecoin, no more than Litecoin is a competitor to Bitcoin. If transaction speed and fees are what makes coins compete with each other, than they're all competitors in one big race, with the winner already being all the zero confirmation, zero fee coins.

Interesting move from one of my favorite developers though. Nano ready for a return to old ath?

[thepo1m]

I don't know why you are making mountain out of anthill here, what do you expect him to say, since he aknowledge the project is good he can't just be saying bad things about the project, alot of projects too have receprocate gestures like this to Litecoin and tat does not mean they are moving to Litecoin and vice versa

[Crypt0m0nster]

When all regulators will come after these so called crypto creator/CEO/Inventors.
News will be flashing all over again and again.
How they have involved in worlds biggest scam.

[redwhite037]

I think that this topic is just one purpose is to pump up the price of nano very high. 5 months ago. nano is only $ 0.1

[captain8]

Charlie Lee isnt moving anywhere, take the FUD and go buy yourself some LTC at these great prices, you wont regret!

[CryptoAlphaStar]

Yeah, probably he will sell it too at all-time high, with some bullshit reasoning like "avoiding conflict of interest". I don't see future for Litecoin. So, I would have done the same probably. But not citing some bullshit reason.

[crypto1010]

I read some news saying Charlie Lee sold all his litecoin and promised to stay with the project regardless, so not sure if this is true... and him investing in another project is a smart move as you simply cant rely on one basket to turn into gold.

Hope others learn from this and diversify their investments.