Charlie Lee of Litecoin announces that the Litecoin team is working hard with companies to support Litecoin. They have nothing to announce yet, but here's what's in work.
- Merchant processor
- Popular online wallet
- Goods trading platform
- One HUGE unexpected surprise
Some speculate Litecoin will collaborate with Amazon. I don't know, and I don't think Litecoin should announce and say too much before they have anything.
Recently Einsteinum announced "mind blowing news" which resulted in a huge pump. But when the news came
Which resulted in the funniest thread ever
https://twitter.com/einsteiniumcoin/status/943212988458082304
And of course the price of Einsteinum to dump hard.
Anyway. Litecoin devs is working on some great things, and I believe Litecoin still have some growth potential. But remember, all these coins, Bitoin, Ethereum and Litecoin has all ready gone up 10-20,000% in a year. Those are huge gains. While EOS, IOTA and many others have "only" seen 500% or 1000%. Many of these coins still have 10-20,000% gains left in them the coming years.
So I hodl my Litecoin and Ethereum for the most part, but I am not buying more. Not at these levels. Although, I have no problems seeing Litecoin over $500 and Ethereum over $1000, but I wouldn't expect them to go to $5000 and $10,000 - at least not in 2018.
@scandinavianlife Did you see that article saying Charlie sold/donated all his LTC? Claiming so he can promote LTC without sounded like a pump, what are your thoughts?
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Charlie can't win for losing on that.
No matter what he says, people will think he's trying to manipulate the coin. The thread on his announcement is full of people giving him a hard time about it.
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I don't know..I think he owned a whole bunch and then sold with something like 10,000% profit. He sold now, so that he can try to announce things without being called out to pump Litecoin, AND he gives away some to charity (tax deduction) before christmas. Just very convenient for him to sell probably. And he will be compensated economically from his work with Litecoin anyway.
I think he has so much money and power and is probably invested in a bunch of other more up and coming coins, so it doesnt matter to him.
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Yes, just because he got out of LiteCoin, doesn't mean he isn't using the profits to ride the waves of other coins.
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With the timing of BCH being added to coinbase and him being the ex-director of coinbase I have a feeling he just made out like a bandit. But as long as he kept a lot of the profits in other coins and not fiat I can't hate, make your money man.
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When doing my FOMO of the Day, I find that there is a lot of duplication of people behind the coins.
Start something like STEEM, then after a wave and making a few million, move onto something like...oh..EOS, to make more.
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Just riding one wave to the next not a bad way to do it, threw you a follow. Happy riches!
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are you planning on purchasing IOTA or investing in other crypto?
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Oh, I did a long time ago. I bought IOTA and EOS in September, and still hodling most of it. I have invested in about 50 different cryptos now, so you can say I'm diversified. I'm ready for a lot of 10-20,000% gainers in 2018 :)
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wow. you must be smiling your way to the bank i suppose! :D haha
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I am my own bank fortunately :)
And no, not really..just more things to be concerned about. I'm most happy when I put it away and just play with my kid or go for a run.
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right. I should correct it. You are smiling your way to your digital wallet! :D
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As far as Charlie Lee calling out the anonymous maker of BitCoin to sell all of his BTC. I'm guessing that would crash the market, since the rumor is, he still owns half of the BTC mined or something. I don't know, because sometimes John "I'll eat my dick" McAfee says some crazy shit.
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If the LTC signs a partnership with Amazon, it will explode. I really believe in the LTC as a means of paying small sums because of low fees.
I saw analysis that predicted a LTC at over $ 800 early in the year
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No one would be happier for that than me!
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The EMC2 dump was stupid. Anyone who bought in at the 30% discount is laughing their asses off at the idiots who sold. If EMC2 can get on ATMs in 2018, then they will be in very rare company.
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Litecoin is one crypto to watch out for, it's likely coming out in 2018 with a big bang. The time to invest is now.
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This post has received a 4.39 % upvote from @buildawhale thanks to: @scandinavianlife. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
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Charlie Lee recently sold all his Litecoins and donated proceed to charity. I think CEOs of large companies, especially Jeff Bezos and Mark Zuckerberg, are more likely to collaborate with him, which will be huge for Litecoin.
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