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RE: Is This Why Charlie Lee Sold His Litecoin?

in #bitcoin7 years ago

This is true that Market manipulation and fraud is going to be a big deal in this space going forward. The temptation to cash in and scam people is simply too high not to try and game the system to individuals' advantage.

Lee selling his coins and publicly calling out Satoshi Nakamoto to do the same and end the potential for a whale dumping his stash and bombing the market is another sign that the Litecoin Foundation is looking to go mainstream and take cryptocurrencies out of the 'hookers, drugs and guns' market and into the 'Coke and Starbucks" one.