nothing to say anymore about litecoin since the price is going down. luckily i am not invested my money into them.
BTC-LTC is a very important trading pair and it is going up. LTC-USD is falling, yes. But not as fast as BTC-USD is falling. Basically the priice of LTC is only going down because BTC is also going down.
It's never a good idea to buy a company's stock when that company's CEO and other executives are selling the stock. Generally that means they know something the public doesn't know and they're taking profits before the stock tanks. This whole business about Lee selling all his Litecoin is got me worried that something bad is coming
The key here is stake and motivation that comes from that. Agreed, there is some room for concern here. But... There is a huge difference if Charlie Lee (your average geek) sells or Roger Ver (your average CEO) sells. One is only motivated by pure greed, the other is not and actually enjoys the technology alone. I'll let you decide which is which.