Litecoin creator Charlie Lee sold all of his holdings in December last year. Hes now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.
Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.
What is your idea?
litecoin team has made a big mistake by spread the bullshit rumour to create hype to the litepay.us, and litecoin gets rekt right now.
Charlie has sold all of his holdings, and it doesn' matter. The only main reason people are not feeling convenience again with it (litepay story).
You can see that how official twitter of litecoin team created an apology for their mistake overhyped to the litepay.
I think that with the transfer of ownership, the rules certainly all change sometimes, so sometimes Litecoin users become uncomfortable with it. actually they hope that litecoin can grow again. but none of that happened.