@marketingmonk That's right, Coinbase helped it skyrocket the past 36 hours or so. It also caused the site traffic problems! Huge wave on incoming investors. 2018 will be a huge year!

Those workers at coin base must be drunk, they were asking $9000 for BCH when all the other exchanges had a price around $3000. That's triple the actual price, I don't like coin base anymore, the IRS is all over them and they make big mistakes, which shouldn't happen, they are dealing with peoples money there is no room for error.

Well. I find it ludicrous that he is selling his LTCs. Cannot see any positive things about it.

Somehow I agree with you

Charlie sells ? have u seen ?

you can check his twitter profil.

He sold because people where thinking he had alot of ltc and was pumping the price or something along those lines

he not sold cause of this...he just say that he sold cause of this, this are two different pair of shoes...

Not for you. But maybe for him... https://steemit.com/litecoin/@the.privatier/litecoin-i-consider-charlie-lee-as-a-wise-man

Personally I love that he did that.
To me it shows great character and I give him my respect.

What do you see as the negatives about it @janusface?

Becoz it's negative.
...
Be honest !
If you don't hold LTC and knew what he did, you can interpret posively ?
A N D.
we loved the Charlie as a Pumper of his LTC not as a crypto developper.
Am i wrong?

now i can assume that..
bch has a huge potential in the upcoming days...

This is a headache that will help a lot of traders who have a great amount of bitcoin
From the exploitation of their drowning
This initiative or process will also contribute to the economy

Nice share :)

1) Conbase was never a bitcoin company. They'll sell you whatever will make them a profit.

2) Bcash is a centralized scam, designed to overtake success of Bitcoin by using propaganda to confuse newcomers.

Decentralization matter. Avoid both.

I can't even more agree with you.
Coinbase is the opposite of what blockchain is about.

BCH was a scary token before it born from BTC,, now I think BCH is going to compete with BTC anytime soon

you can be sure about this!

https://steemit.com/bitcoin/@the.privatier/my-newest-bitcoincash-chart-take-a-look

Mukemmel

Mukemmel

Mukemmel

Fevkalade bir site

Bu kadar sitw gezdim harika bir sey gercekten

Cok mukemmel bir site

Ay love you

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Inanilmaz bir sey mukemmel hayir dahi dahi

Fevkalade bir siteymis allah im mukemmel bir sey ya

Bitcoincash is just the first of many cryptocurrencies that will be added to gdax and coinbase for 2018.

a very nice site allah bune a beautiful site a promising site anyone would recommend

a very nice site allah bune a beautiful site a promising site anyone would recommend

a very nice site allah bune a beautiful site a promising site anyone would recommend

Bilgi icin tesekkurler marketingmonk.. dtube konusunda sen cok iyisin ve harikalar yapiyorsun..

This is a very exciting time for Bitcoin Cash. Getting accepted onto Coinbase is HUGE!!!

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.

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

nice post, charlie lee really is a good guy for selling his ltc, shows transparency from them

Say what? As in WTF? You would have had more confidence in Microsoft if Gates sold 100% of his stock in year 2? You would have had more confidence in Apple if Jobs had sold 100% of his stock in year 2?

It is VERY UNUSUAL and not a good sign when the main owner and innovator sells out.

LTC is dead !!!

Thanks for sharing.

"Ultimately he says it’s a conflict of interest for him to hold LiteCoin and tweet about it since he has so much influence, being the creator and all."

This is seriously concerning that he would say this. It seems like he doesn't even understand the concept of conflict of interest. In fact, this is the exact opposite of conflict of interest, it's just more incentive for the project to succeed. It's like saying the owner of a company has a conflict of interest because he wants the company to succeed.

I almost can't believe he actually wrote that. It simply boggles the mind.

I wonder why he didn't sell it when it was $100. Waited till it was $330 then sold the lot and it's simply to "do the right thing"? I think not.

Why should he feel this way? I dont see Bill Gates selling all his shares for the sake of Microsoft because the company is growing.

Yes I agree. Very odd move. Unless he thought the price was going to drop because Bitcoin Cash is now more widely available and it's faster and cheaper than Bitcoin.

Next year this same time I believe litecoin could be in the 4000

Before Charlie sold and before Bitcoin was unable to solve its scaling problems and the answer to this, BitcoinCash appears, it would be with you! Now i`m not...

The thing is, he dumped when the price was high. He said he will dump some time ago and now people forgot all about it and the price went up. Together with Bitcoin Cash pumping, he used the momentum and puimped from LTC pool as well, effectively raising the BCH price and making LTC price fall. I am a bit puzzled why Litecoin did not drop as it could (should?). I have a theory about it and perhaps I can make a post about it. I am sure he is connected to Cooinbase and I know this wasn't because he felt like he needs to go out of "his own" coin. He did that for his own profit.

Lol, had exactly the same thought with bill gates

He is just a wise man....be also wise....

https://steemit.com/litecoin/@the.privatier/litecoin-i-consider-charlie-lee-as-a-wise-man

Well, it could be a conflict of interest or maybe he doesn't know if it will succeed.

Moving Now he has more money to make other companies prosper that have better technology.

It's him paying it forward.

A conflict of interest is when your interests are negatively correlated to the interest of the entity or job you represent (in this case LTC). Charlie's interest were completely positively correlated with LTC and now they are not. In fact we no longer know what they are and his interests can, potentially, be against LTC. This excuse makes no sense. Maybe he's about to start a new crypto coin venture. Whenever a corporate CEO sells out his company shares in a massive exit, it is a bad sign.

If you believe that the face behind the coin needs to keep his stake in the game for it to succeed, you are missing the point of the movement. Charlie Lee is a visionary that understands that as long as he had an investment tied to the project, he would potentially hold back on risks vs rewards. He is also a firm believer in the decentralized nation of crypto. Everyone knows he created litecoin, so everyone thinks of him as the CEO or an ambassador. He saw litecoin as turning into another bcash and didn't want to be attached to the same sorts of conversations as Roger Ver. Litecoin will continue to grow with or without his holdings. That's the whole point of all of this after all. It's not anyone's business what he spends his money on. Didn't you buy your first bitcoin (now Monero, Verge or ZCash) to get away from people being able to monitor how you spend your money? Or just as an "investment" platform since it went mainstream. He doesn't owe anyone an explanation and I am sure litecoin will be just fine!

I never said "the face behind the coin needs to keep his stake in the game for it to succeed" or that he owes me an explanation. I'm not questioning his actions, I'm saying his explanation makes no sense. This is simply not a case of conflict of interest, as I said, and the fact that he said that it was is extremely concerning.

I see what you are saying about risks vs. rewards, but it cuts both ways - he could theoretically throw caution into the wind and try something super risky, because if it fails, it doesn't really matter to him that much.

He's not a close personal friend of mine, so I can't rebut other than what I read on his twitter feed, but litecoin seems to be very close to his heart from what I can tell. I don't think he will let any harm come to his baby. He never bad talks bitcoin either and knows where his coin stands in the marketcap listing as well. He is very humble, outspoken and blunt. He should be able to pull his litecoin out and make a profit from his work. I wasn't putting words in your mouth and didn't mean it to come off as such either. I was just inputting my opinion! Charlie Lee is free to do as he wishes with his money, and he shouldn't have to explain himself.

I agree 100%! I think it's great he can make (spendable) money from his work.

One of my all time favorite tweets from him. "If a single person's tweet can decline the price of an asset, it didn't deserve that price to begin with." He is humble and honest to a fault.

NO economic interest with LTC, no obligation to devote his efforts to LTC.
He's free.
i means that he can focus only on LTC's developement and also that he can leave from LTC like when he leave from coinbase. that's all.

It takes character to sell ltc now but it seems to be the right thing to do in this case.

your post is very good, very useful, your post is so inspiration for me and all users of steemit, I am proud of you ... I am amazed to you, you are very fantastic in making a post, hopefully triumph in the work .. Thank you 💏😘

BCH works, BTC doesn't.

Eventually, fundamentals win, even in the face of massive fraud.

About LTC, now BCH is on coinbase, LTC is fukked!!!

Thanks for this valuable post.

Sounds great but this is the dumbest thing I heard for a while.

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@marketingmonk Thanks for sharing. I still need to get my head around Bitcoin Cash and Bitcoin Shares and see whether they are worth investing in or should I just stick to traditional Bitcoin. I'm new to this but learning a lot from you.

I absolutely call shenanigans, because I saw no other exchange hit those prices.

Congratulations @marketingmonk, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 426 and the total pending payments to posts in this category was $9201.63. To see the full list of highest paid posts across all accounts categories, click here.

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Which one is good Bitcoin or Bitcoin cash? Bitcoin cash is trading in two symbols BCC and BCH. Can we transfer from BCC wallet to BCH and vice versa...

So someone actually bought at $9500. Damn I thought I was a bad trader...

Is Bitcoin's Largest Competitor Litecoin? There are some explanations Charlie Lee made about this issue. You can look at my profile . thanks for sharing @marketingmonk

i am Forex Trader follow me Freinds : https://steemit.com/@forexprediction

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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!

https://youtu.be/koyIsrKBuAc

Newbies who buy on coinbase pay HIGH fees. Your coinbase ID also gives you access to GDAX.com Fees are more reasonable if you are placing limit trades.

Else I have had success with bittrex.com

Thanks for the advice but when I want to place limit orders I prefer to do it on Bittrex ... anyway, Coinbase offers good rates too when the market is up trend, these issues happen when there is any fall ... so I made this video to inform some newbies even though we are all newbies here, even the entire crypto market is at its infancy...

they try to keep their

THE FUTURE IS BCCH AND BTC

Coinbase such an amzing crypto platform

Coinbase has decided to enable support for Bitcoin Cash, which has become the third largest cryptocurrency after Bitcoin and Ether in terms of market cap

I think this is a cause for concern. We will have to wait and see what happens to Litecoin price. If he does not have financial incentive , how long will he be interested in developing it and promoting it?

Coinbase has launched an internal probe to identify whether its employees engaged in insider trading of Bitcoin Cash shortly before the cryptocurrency was officially introduced to the exchange yesterday. Increased trading led to a spike in Bitcoin Cash’s valuation, and just four hours after its introduction, Coinbase suspended trading of the digital currency.

Coinbase’s ethics policy prevents employees from “trading on ‘material non-public information,’ such as when a new asset will be added to our platform,” wrote Coinbase CEO Brian Armstrong in a Medium post today. That includes sharing that information with friends and family. In the hours before Coinbase added Bitcoin Cash to its exchange, the price of the cryptocurrency had already begun to rise. The price for a single Bitcoin Cash coin soared past $8,000, or more than double its price a day earlier.

Armstrong warned, “If we find evidence of any employee or contractor violating our policies — directly or indirectly — I will not hesitate to terminate the employee immediately and take appropriate legal action.”

Coinbase’s swift shutdown of Bitcoin Cash support came in the midst of many on Twitter raising suspicions last night about the unusual spike of Bitcoin Cash prices.

Back in August, bitcoin split into two, creating Bitcoin Cash, in what’s called a “hard fork.” The fork was backed by one bitcoin group that wanted to combat bitcoin’s high transaction fees and the size limit that made mining larger blocks of data invalid. Bitcoin users who controlled their own private keys benefited from the split by keeping the bitcoin they had along with an extra amount of Bitcoin Cash.

When the fork occurred, several trading platforms like CEX.io offered support for the new currency. But to users’ chagrin, Coinbase rejected Bitcoin Cash, with the company’s director of communications writing in a Medium post that “it is hard to predict how long the alternative version of bitcoin will survive.”

Now, Coinbase has decided to enable support for Bitcoin Cash, which has become the third largest cryptocurrency after Bitcoin and Ether in terms of market cap. Although Bitcoin Cash has seen less extreme growth in valuation than Bitcoin, which skyrocketed past $15,000 per coin this month, Bitcoin Cash’s value has steadily risen. It’s currently worth around $4,154, up from $1,500 last month.

We’ve reached out to Coinbase for clarification and will update this story when we hear back.

You have been downvoted for copying and pasting from this article on The Verge: https://www.theverge.com/2017/12/20/16800940/coinbase-bitcoin-cash-fork-insider-trading-probe

Coinbase has launched an internal probe to identify whether its employees engaged in insider trading of Bitcoin Cash shortly before the cryptocurrency was officially introduced to the exchange yesterday. Increased trading led to a spike in Bitcoin Cash’s valuation, and just four hours after its introduction, Coinbase suspended trading of the digital currency.

Coinbase’s ethics policy prevents employees from “trading on ‘material non-public information,’ such as when a new asset will be added to our platform,” wrote Coinbase CEO Brian Armstrong in a Medium post today. That includes sharing that information with friends and family. In the hours before Coinbase added Bitcoin Cash to its exchange, the price of the cryptocurrency had already begun to rise. The price for a single Bitcoin Cash coin soared past $8,000, or more than double its price a day earlier.

Armstrong warned, “If we find evidence of any employee or contractor violating our policies — directly or indirectly — I will not hesitate to terminate the employee immediately and take appropriate legal action.”

Coinbase’s swift shutdown of Bitcoin Cash support came in the midst of many on Twitter raising suspicions last night about the unusual spike of Bitcoin Cash prices.

Back in August, bitcoin split into two, creating Bitcoin Cash, in what’s called a “hard fork.” The fork was backed by one bitcoin group that wanted to combat bitcoin’s high transaction fees and the size limit that made mining larger blocks of data invalid. Bitcoin users who controlled their own private keys benefited from the split by keeping the bitcoin they had along with an extra amount of Bitcoin Cash.

When the fork occurred, several trading platforms like CEX.io offered support for the new currency. But to users’ chagrin, Coinbase rejected Bitcoin Cash, with the company’s director of communications writing in a Medium post that “it is hard to predict how long the alternative version of bitcoin will survive.”

Now, Coinbase has decided to enable support for Bitcoin Cash, which has become the third largest cryptocurrency after Bitcoin and Ether in terms of market cap. Although Bitcoin Cash has seen less extreme growth in valuation than Bitcoin, which skyrocketed past $15,000 per coin this month, Bitcoin Cash’s value has steadily risen. It’s currently worth around $4,154, up from $1,500 last month.

We’ve reached out to Coinbase for clarification and will update this story when we hear back.

You have been downvoted for copying and pasting content directly from The Verge:
https://www.theverge.com/2017/12/20/16800940/coinbase-bitcoin-cash-fork-insider-trading-probe

Charlie Lee is a CON himself... Warren Buffet holds stock in his own company and he doesn't worry but only a con man like charlie lee would say something like that... He was recently talking crap about ADA.

Lee selling his LTC shows his transperancy and integrity but it's odd for a ceo to sell their ownership in a company they believe in. But the crypto world is another world so can't compare it to regular markets.

Great post! Real good.

I would definitely invest in a ledger nano s for next black friday. Can not wait for November to come sooner. Come on thanksgiving 2018. :/

As genuine as Charlie Lee sounded in his latest tweet, the timing of his sell off is certainly questionable. All founders innately have conflict of interest and it's not really an issue when a founder promotes his coin as better than others. It sounds more like a poor excuse to beautify his sell off to take profit at all time high price. No one knows if he really donated the profit to LTC Foundation, but even if he did, ultimately he's the managing director of LTC Foundation and so he's really just donating back to himself, albeit not "personally" per se. I would not be surprised if LTC tanks and he will buy back.

true

https://steemit.com/litecoin/@the.privatier/litecoin-i-consider-charlie-lee-as-a-wise-man

Please stop spamming the comments with links to your articles. You have been downvoted.

Are you fucking stupid? I not spamming you idiot! But i will take care that your spam will be handled now, fucking morron! Just cause u not like my opinion i not spam!

I bought in at 6000. Looking for the closest bridge to make my departure.

fuck my life

COIN BASE FREEZED BITCOIN CASH TRADE, LAUNCHES INSIDER TRADING PROBE

https://gizmodo.com/coinbase-freezes-bitcoin-cash-trades-launches-insider-1821460189

CHECK THIS OUT AND TELL ME THE FATE OF BITCOIN.

nice post ....@Resteem

Chrlie Lee for pres!
Seriously, I think that´s an incredably awesome thing to do! #respect

Very interesting post, resteemed!

You fucking spammer if you want to battle with me, the battle is open! You downvote me cause you not like my opinion? I will answer!!!

https://steemit.com/marketingmonk/@the.privatier/warning-for-user-marketingmonk

For all who get flagged by this professional spammer marketingmonk with his unprofessional articles that costs you money: Lets unite and make him finish! Completely! He has a Twitter account, i already informed twitter, lets take his spam business offline, this cryptokid has nothing to do with the cryptorevolution, he abuses crypto for posting spam just to raping the reward pool! People like this must learn it the hardway!

Great Post mate, i liked it, don't forget to check out my post about BITCOIN and the whole NSA rumors : https://steemit.com/bitcoin/@bardhylsllamniku/is-bitcoin-created-by-the-nsa-here-is-the-truth-that-should-worry-you

Charlie Lee is the man and I love what he is doing with LTC.

If only they would sell me some Bitcoin Cash, the option is there but temporarily out of service.

BCH, does what it says on the tin pretty much. Its bitcoin cash, low transactions fast. Maybe both can co-exists one doesn't need to die

What an intelligent post, thanks. You are great. I follow and upvote you. Pls. Do same for me.

Thank you for this woth content

I wonder why he didn't sell it when it was $100. Waited till it was $330 then sold the lot and it's simply to "do the right thing"? I think not.
I almost can't believe he actually wrote that. It simply boggles the mind.

So what about the rumors of multiple coins being added to Coinbase? I would assume bitcoin gold would eventually be added for the same reason cash was. So which others might find their way on Coinbase?

Ok ı love bitcoin but I want fast transactions so ı am with bitcoin cash. I want to use faster coins than the bitcoin.

I wish coinbase didnt do this