01-10-2018, 12:00 AM
(This post was last modified: 01-10-2018, 12:57 AM by JackOfHearts.)
(01-09-2018, 08:37 PM)Determined Wrote: To be fair, publicly he can't say his real reasons for selling as it would induce fear and panic. The crypto market is driven largely by public perception and if he were to openly say he feels the Bitcoin Lightning Network were a threat to Litecoin, it would cause Litecoin prices to drop.
He sold his Litecoin at $350 which would make him very rich anyway. He also sold all his Bitcoin Cash at the same time (both the BTC forks). I'm presuming he knows something that we don't hence his behaviour.
I'd feel more assured that he was interested in growing LTC if he had a stake in it and if he was interested in becoming rich. Without his personal interest, they're just words.
I agree, it's important to look behind the words hence why I'm skeptical. If he's saying he sold all his LTC so he could grow the company in value and not make any money for himself - I'd be skeptical of that too.
I know he is not lying as it match what I predicted, it doesn't seem to be a coincidence. ( should have said there is a high probability he isn't lying)
Also they are better ways to get rich quick than what he did, it doesn't make sense if he was attracted to money.
