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RE: MIT Surprise LiteCoin Project to Launch Same Day as UASF
I've also seen a forum where they are saying that students can create their own MIT URL and that someone is playing a pump and dump. Hype something on LTC to drive up the price and then dump it. I would be really surprised if the University would allow that to happen and LTC is too popular now for it to go under the radar.
I read the white paper on the Lightening Network and it's pretty interesting. Would enable micro transactions on a massive scale and basically solve any scalability issues.
an interior manipulation of the market prior to release of the project wouldn't surprise me at all. thanks for this info. :)
I heard the same rumour but it's been pretty heavily dismissed on Reddit. Apparently some professor or higher-up has to approve the web pages. Having just finished university I was never given the opportunity to randomly create a page using my universities URL. The branding backlash could have been catastrophic.
I didn't go to a uni anywhere near as good as MIT though, and the disproving of this came from Reddit, so make of it what you will, but I don't think it's a hoax.
Good post @bunabit
glad to have more info on this being posted. i'm excited for LTC this fall. thanks @jhcooper!