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And whenever I tweet about Litecoin price or even just good or bads news, I get accused of doing it for personal benefit. Some people even think I short LTC! So
by thisisit 9y ago
And whenever I tweet about Litecoin price or even just good or bads news, I get accused of doing it for personal benefit. Some people even think I short LTC! So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence.
And that is why CEOs or lead developers of public companies don't tweet their plans. Generally, there are a quarterly meetings or investor relations day when stuff is announced. To top it every buy/sell by a designated insider (read highl level executives) are reported to the SEC for transparency sake. Announcing that he has sold everything without disclosing where and how is rather disingenuous, if there is a need to instill some transparency.
Still I do agree with him on this:As you can see, some people even think I’m pumping Bcash for my personal benefit. It seems like I just can’t win.
Cryptocurrency FUD crowd will always find a reason.
- raverbashing 9y agoYes and the "FUD" goes both ways, on the "this is completely worthless" and also on the mania side, of "mortgaging the house to buy bitcoin" not to mention the infighting between BCH and BTC and other coins
- oelmekki 9y agoIn the other way, it's called FOMO :) (fear of missing out)
- lawn 9y agoCryptocurrency FUD crowd will always find a reason. If you've been following Bitcoin's history you will find Charlie has been very active in that department. His usage of "Bcash" is a nice example.