Bitcoin News

Story: Charlie Lee Founder of Litecoin (LTC) on Bitcoin sneezes and Crypto Market Catches a Cold

By Steven Anderson

1 / 15

Crypto is getting doubted since two people managed to crash the entire market easily. Many people are now swearing at the person who put this market in this position.

2 / 15

Some are like It's a correction. It is important to be patient.  “Don't be afraid of your fears. They're not there to scare you.

3 / 15

Seasoned investors don’t care about the dip.

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Charlie Lee tweeted:  “Bitcoin (BTC) sneezes and the crypto market catches a cold.”

5 / 15

Another onlooker stated:  Elon Musk Sneezes and Bitcoin gets COVID.

6 / 15

Some were asking: What is the possibility of getting smart contract capability on LTC? It is coming with a flare apparently.

7 / 15

My question is why doesn't LiteCoin have a strong community? And if they do why don't we hear from them? We here, we just don't like to spam on every ones tweets.

8 / 15

Is LTC ever going to become useful or are we still doing the whole gold to silver thing? Incident - when Charlie Lee was chief in Coinbase, listed LTC and then dumped it.

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Well, it reached new ATHs, over three years after he dumped. A neutral minded investor stated, I don’t know why people always hate on Charlie. Get over it.

10 / 15

Someone was trying to understand the whole situation:  Among 7000 coins. What will make a coin better than others in the future?

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What is the plan for LTC? Keep on following BTC steps, changing to PoS or anything crucial happening in a near future to LTC code? A De-Fi solution or Swap market on LTC?

12 / 15

Some left wondering:  Why LTC is not attracting investor interest despite its excellent fundamentals.

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Why do we need Litecoin when LN comes out in another 18 months? What's the ultimate goal?

14 / 15

Would love to get an update on how MWEB is being viewed / accepted by miners? Once MWEB is implemented, what does this mean for atomic swaps?

15 / 15

When asked what will regulators do about LTC when it has the privacy updates. Will LTC become a privacy coin and get banned from exchanges? This has already been answered.

The Currency Analytics

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