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RE: Coinbase Launches BCH & Trades At $9,500? / Charlie Lee Sells All His LTC / Monero On Ledger Wallet

in #dtube7 years ago

This is getting outta control now! Apologies for the self promotion, but I just posted this.

Anyone with money invested in crypto needs to be on high alert when a founder and developer of a coin "calls" the top.

https://steemit.com/bitcoin/@peoplefrosty/litecoin-founder-dumps-the-lot-who-s-right-and-who-s-wrong-about-crypto

What I'm really concerned about is who people are listening to. I'm all for crypto, but Bitcoin is literally controlled by a small group of people - just watch any video on YT with Dan Larimer. The reality is that Bitcoin is not as de-centralized as people think and that there are some very "bad" people out there who have access to a financial instrument that will allow them to take profits on the buy AND sell side now that BTC futures are here.

Peace and love folks - but be careful with this now.

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He didn't call the top. It's impossible to know what all of his motivations were.