Charlie Lee: "interest groups" are trying to put pressure on the exchange rate Litecoin
Source:In the past few months traders, funds and "interest groups" exert pressure on the exchange rate Litecoin. This was stated by the founder of the coin Charlie does in his .
theWhen you grow up ?
According to Lee, the opponents of coin work to reduce rate of Litecoin in concert.
I'm talking about individual traders and funds that open short position against the coins and the people who think Litecoin threat. In response I'm trying to lose all this FUD and prove to investors that the token value.
1/ Recently, there has been a concerted effort to suppress Litecoin price by the people/funds that are shorting LTC and by groups that see Litecoin as a threat. I will clear up this FUD and show why Litecoin has tremendous value.
— Charlie Lee [LTC⚡] (@SatoshiLite)
Lee added that the Litecoin network is one of the most protected, and the miners have no incentive to attack, because then they would lose investments in the amount of $ 150 million.
In addition, the Money is very liquid: it is traded on all major exchanges, said the businessman. Among them are: Aliant Payment, BTCPay, Coinbase, CoinGate, CoinPayments, Globee, GoCoin, LTCPay and TravelbyBit. Network of coin processing transactions at 200 million dollars every day.
Fear of loss of value of Litecoin due to the network launch Lightning Network unfounded, continues Lee. The fact that a Lightning-customers remained loyal to LTC.
In the beginning of the week Charlie If another reason for the sales of all their savings in LTC. The deal allowed him to fully concentrate on the development of the project instead of trying to earn money for food.
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