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/biz/ - Business & Finance

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7992771 No.7992771 [Reply] [Original]

why is it dumping?

>> No.7992931
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7992931

>>7992771
Lite pay shit the bed, and Charlie has probably sold his bags for Nano.

>> No.7992937

LitePay delay

People chasing Nano

>> No.7992944

>>7992771
As expected Litpay overhyped and underdelivered
Always sell the news

>> No.7992949

Whales used it to transfer funds than sold it off?

>> No.7992952

sold my 1.6 BTC for LTC yesterday at 228

forever cucked

>> No.7993431

the master told you dumb fucks it going to $20

>> No.7993458
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7993458

>>7992771
Because it's not the king. It is lightening enabled at least.

>> No.7993694
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7993694

Good LN news. It works perfectly and now all the bitcoiners can buy coffee for 0.0001 fee like they always held their btc for.

>> No.7994167

>>7992952
>ucked
what the hell why would you do that? its was so obvious that people riding the train until litepay and then dropping the bags, you invested at the worst possible time in a coin with no future

>> No.7994223

Dumping because Charlie is shilling nano now, rip ltc

>> No.7994230
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7994230

>this is what /biz/ calls a "dump"

>> No.7994242

>>7994167
Because it was so strong for weeks and it looked like BTC price was holding it down

My logic was when BTC starts looking bullish LTC would explode

>> No.7994258

>>7994230
Not pumping with BTC

Also a 6% loss to me is $800

>> No.7994285

>>7992931
>>7992937
>>7994223
I also saw this in another thread.
Is it really true?
Did Charlie Lee sell all his Litecoin and bought Nano?
Might Litepay rebrand to Nanopay?

>> No.7994330

>>7994285
It's true that Litepay, like most major tech developments, has had a rocky start. Even though it has now officially launched, it's going to take some more work to get it truly up and running.

>Did Charlie Lee sell all his Litecoin
He posted on Twitter months ago that he sold all of his LTC. Yes, that much is true. He claims (and his actions since support this) that he sold so that he can continue working on and promoting LTC without being accused of being partial to the coin.
>and bought Nano?
NO. He was specifically asked about Nano on a Reddit AMA about Nano and he said something to the effect of, "I haven't fully researched it yet, but from what I do know, it's okay."

Of course, /biz/ has extrapolated and run off with this statement, either as FUD or an attempt to deceive people, and started spreading a rumor that Lee sold his LTC so he could go all-in on Nano. It's not true. All he said is that it's okay after he was specifically asked about it. That's it.

>Might Litepay rebrand to Nanopay?
No

>> No.7994608

>>7992771

https://themarketmogul.com/litepay-release-date-delayed/