Ninjastic
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Board Altcoin Discussion
Re: Will Litecoin die?
by
aeternus
on 02/01/2018, 23:16:42 UTC
Quote from: goodGuyGreg on January 02, 2018, 07:07:51 PM
According to the internet ( http://mashable.com/2017/12/20/litecoin-charlie-lee-cryptocurrency/#4wvTq4wUvqqw ) the Litecoin creator sold all his assets of his own currency.

I think this might be a bad sign for the long term price development, what do you think?
Yes, he sold his litecoin, and yet the market did not react that much, so it is safe to say this news did not had a short term effect on litecoin holders, we do not know the long term effects, but it is safe to say that if there was going to be a run against litecoin the perfect moment was when he sold and in my opinion nothing significant happened so litecoin is going to be fine.