Bitcoin Cash Added to Coinbase, Crypto Goes NUTS and Charlie Lee Sells All His Litecoin
Bitcoin Cash was suddenly added to Coinbase and GDAX, stirring rumors and accusations of insider trading, price manipulation and crazy market action with Bitcoin, Bitcoin Cash and many others. Seemingly everyone is mad at Coinbase now and the Bitcoin vs Bitcoin Cash drama is back on fire. Let's talk about what it all means, as well as Charlie Lee selling ALL of his Litecoin. Should you be worried if you hold LTC?
Brian Armstrong (CEO of Coinbase) post on Insider Trading Policies: https://blog.coinbase.com/our-employee-trading-policy-at-coinbase-1d4e860b7837
Charlie Lee's Reddit Post on Selling his Litecoin:
https://www.reddit.com/r/litecoin/comments/7kzw6q/litecoin_price_tweets_and_conflict_of_interest/
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I have even more faith in LTC now then I have ever had. Charlie Lee is a true legend in the crypto space and him removing any "perception" of financial gains from his tweets (which many accused him of pumping with), IMO will only strengthen what is already an amazing coin.
I have said it before, and I'll say it again, 2018 is going to be the year of Litecoin (MAST, LN, Confidential Transactions...). Just watch.
I agree, Charlie selling his whole stake is just a sign of transparency in a crypto world that lacks such transparency so much... Coinbase's recent activites are proving that we need more exchanges and individuals to be transparent and upfront about everything. Great post, thanks for sharing!
Until people are flying out upper-floor windows....yawn....
I remember Charlie Lee sold many LTC when it was 20 cents and then you know what happened.
Bruuuuhhhh that meme is golden!
Here's another one I made that might give you night-terrors tonight...
Sleep tight Bobby, sleep tight...
This is a proof of work “fraud” from Coinbase! Make sure you use your calculator before you make any transaction on this platform. Not only the calculated fee is higher than the displayed fee, in addition to that an entirely hidden charge will be revealed on top of all charges, if you are smart enough to spot it.
Leave your comment below, I am in search of a transparent place to buy cryptos and will share my experience with you guys so you can avoid these so-called trusted websites!
Noooo my eyes... Charlie Minaj!
yeah man, alot of mixed signals with that stunt he pulled, but i sold and invested in something w.more potential, like stellar lumen
I couldn't agree more!
A lot of people won't understand how powerful Litecoin is going to be until the end of 2018... their loss!
I am definitely excited about the future of Litecoin!
Haha, awesome! Love it. I think he is going to regret that decision though.
cool
I agree.
It has all Bitcoin has plus a leader that has proven to be the real deal.
One of the good guys.
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I would say that Coinbase listing BCH in the way they did smacks of revenge for the No2x movement that thwarted the fork.
Brian Armstrong and BitPay were really hoping for bitcoin to get bigger blocks, and they felt backstabbed by the way Core and their supporters weaseled out of the NYA agreement after Segwit was activated.
I remember Charlie Lee sold many LTC when it was 20 cents and then you know what happened.
Bitcoin Cash is the REAL Bitcoin!!!
By the way Bobby, you'll have to keep us updated on the fate of Johnny Core... did you put him up for adoption yet? LOL... All kidding aside, I love how in that analogy the wording you chose it sounded like you were the one giving birth to the 2 Johnny's... The future is now!
HAHAHAHAHA dooooood that is incredible
I'll meme you more often if you want (I usually just meme Omar (Crypt0) and Charlie Lee, but I can add you to my meme list if you want).
He makes great stuff, honestly LOL
Stop.
Stop being so awesome every day all over with the memes already.
We give up.
You win @budz82.
But to be honest I am a bit pissed at this platform lately. I spend a fair amount of time daily doing entertaining and interesting posts and almost never get any real payout beyond a few cents, meanwhile I see people blatantly stealing other peoples content and posting it on here and getting hundreds of dollars for each of their posts (which with the inflated SBD price right now is actually 10x what the post value says). For example there is a zerohedge user which has nothing to do with zerohedge, which gets ~$300 per post he steals and he posts ~4 posts a day. He is literally making 100k+ a month for 10 seconds of effort, while I try to scrape by a couple of cents spending 1000x the time of him. People like that are making more then I make at my full time job for literally doing nothing...
Needless to say Steemit is getting under my skin a fair bit recently but whatever I'll continue to do what I do each day and just accept it I guess...
Sadly my off button broke at birth..
Aka I'm defective.
That bitcoin cash thing was a huge surprise. What's the deal with the insider trading investigation at Coinbase?
LOL - this is one of my favorite comments ever.
No specific statements regarding the insider trading investigation yet, simply that were going to be conducting one. Will definitely stay on top of it, if something comes out.
As the market increases, I see wars battling between the big players. It is a game for world domination, no governments and freedom in all the universe, so the bet has high stakes and is for supreme domination. While, until now some of the markets were complementary, now they tend to cross the paths, intersect and thus the raise of some and fall for others.
bitcoin cash is supported by miners mainly in China, and people think its better than bitcoin in transaction speed and cost, but there are many other alt coins are better than bitcoin cash.
Yes, that's the idea that I've been seeing spread recently.
Love your vids brother I follow and subscribe keep up the great content. JD
Thanks Jake, super kind of you!
He is selling and accumulating which one USD or Bitcoin or Bitcoin Cash?
Just read, seems he has donated everything to charity. Wow! Nice man!