Charlie Lee just left Coinbase to focus on Litecoin development and vision full-time.steemCreated with Sketch.

in #cryptocurrency7 years ago (edited)

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Charlie Lee, creator of Litecoin, and known online on as coblee, has quit Coinbase to focus on Litecoin full-time.

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http://www.livebitcoinnews.com/charlie-lee-leaves-coinbase-focus-litecoin-full-time/

This bodes well for the future of Litecoin, as there will be a very competent engineer working on it with focus. As mentioned a few days ago in my previous article, Litecoin is predicted to go to $100 by the end of the year by many cryptocurrency analysts.

With Bitcoin facing a possible fork challenge and conversation on August 1st this year, Litecoin seems poised for a breakout.

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Litecoin, being silver to Bitcoin's gold, should start to trend closer to a ratio that uptrends as Bitcoin has been lately.

This coin could be one of the more undervalued on the market as of now. Implementation of Segregated Witness in May, and Lightning successfully tested as a fast transaction method makes Litecoin standout as a potential for quick transactions. This is key to merchant adoption, and greater usage.

As Charlie said on his Twitter earlier this week, Litecoin to the moon.

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This is good news for Litecoin.

One more good sign.

Interesting. Thanks for posting mate.

Welcome mate, as always.

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