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Charlie Lee is a scammer, a cancer to crypto and you should be aware of it.

Well, this is likely going to be down voted to oblivion, but I can't let it pass.

Charlie lee is nothing short of a bitconnect scammer.

He pretends to be a "nice guy", he uses his persona for personal gains while trying to shift focus out of him through hating over other projects and/or using infantile memes to gather attention from young audiences..

You should first start here: https://medium.com/@bitfinexed/coinbase-insider-trading-litecoin-edition-be64ead3facc

There are some pretty disturbing "coincidences" there.

Charlie not only started LTC opportunistically copying BTC and gluing together some pieces of code (that he managed to make worse than the originals - such as asic resistance), but he also have being absolutely flippant in everything he says about bitcoin.

He surfed the wave of being "silver to bitcoin's gold" since 2011. Suddenly, after managing to get listed in coinbase, he left it right after to "work on LTC" (all that time LTC had really near zero development). What was his work? To implement segwit, that was the only concrete thing that happened to LTC and it is highly debatable if that is even good. That's right, from 2011 to 2017, the only thing that happened to LTC was copying segwit from bitcoin core repo.

After he surfed the wave of "being a test bed for these awesome technologies", all of a sudden these "awesome technologies" apparently were not that awesome anymore, so he dumped all of his LTC.

Lets draw a timeline here:

2011 -- LTC is born from a major copy&paste event: https://bitcointalk.org/index.php?topic=47417.0 (notice that he edited the OP up to june 2014 to make it look better - hover over the date)

Up to 2017 nothing really happens, except mining. LTC is silver to BTC's gold, and LTC will succeed iff BTC succeeds. That's the narrative.

April, 2017, charlie lee leaves coinbase after he manages to list LTC there. LTC was DEAD and suddenly spikes violently in price right before listing is confirmed.

Until august, charlie lee only shills about LTC, segwit, LN and blockstream related things, posting infantile animes and cartoons. Goes to a TV show and says that LTC is like a token, for fun, embarrass himself. LTC community gets pissed and he replies to them saying that it is not his responsibility to pump their holdings.

Surprise! After 1st of august, he starts to slander BCH, call it a scam, getting pretty vocal and tweeting more shit than anyone can possibly tolerate and says that "he is done tweeting". Then he deletes several of his tweets. But comes back a couple of days after this bluff. A guy who doesn't stick to anything he says, never.

Suddenly his tweets are talking down BTC now, and shilling LTC alone, contradicting what he said to his followers in reddit, that he wouldn't shill LTC - remember: for over 5 years all he did was cheer-leading BTC and say "hey I'm the same but I'm the silver version". He continues to badmouth BCH without nothing to back it up. Even luke-jr, BTC core dev, gets pissed with him and calls his shitcoin out (https://twitter.com/LukeDashjr/status/923414550157938688), saying that he would rather use BCH (https://twitter.com/LukeDashjr/status/923435699084431360).

Charlie was often posting pictures of him with "HODL" shirts and etc. There is scant content to be found besides memes and other crap like that. Clear shilling.

December 2017, charlie lee dumps ALL his LTC he accumulated over 6 years of mining at the top of the hype (http://archive.is/l6Z6u). Not a part, but all, without further notice. I mean, there is nothing wrong in trading, but if you are a public figure and founder of the project, you gotta observe at least some responsibilities from a moral stand point.

The LEADER of a project and public figure can't simply dump everything after shilling it to hundreds of thousands of suckers, this is criminal level.

He then poses as a "nice guy", saying it was because of "conflict of interests" (supposedly the interest of getting rich after the pump and the interest of keeping hold of a future-less shitcoin.)

He also says he was so good that he donated part to LTC foundation, he is such a boy-scout! It turns out that he "donated" money to himself, since he controls the foundation, and DIRECTLY to his pals over there (confirmed by one of them). This much is of course for money launder (not defending taxes, but just stating the obvious.)

You think that bitconnect is a scam because it promised high returns and then bitconnecters sold on their supporters their bitconnect tokens. Also because of that carlos mattos ridiculous videos.

Fair enough, but charlie lee also conned people into buying LTC. His tweets are maybe not so obviously ridiculous like carlos mattos, but they are pure shill. His tweets display him with HODL messages, moon memes and other shill stuff. He then sells without telling anyone and invents some gullible crap to divert attention, also using FUD against BCH and other crypto to divert attention.

Who bought LTC? Charlie Lee followers in tweeter, his own community, and his reddit subscribers!! The listing of it in coinbase and other places, where he had obvious influence, was the pump he needed to eventually get rid of his coins. I know 8 months seem like a long time in crypto, but for a waiting of 6 years, it is really a very short time.

Now, the shameless lee is shilling Raiblocks/Nano. Let me be clear, I have technical criticism over Nano (for instance, laid down some here ), but I do not think the project launched as a scam, not really. I just think it doesn't work for the reasons pointed in the link above.

But you should be aware that now charlie is involved and using his social farms to down vote, censor and shill. He admitted having nano:

Charlie Lee: "Disclaimer: I own some NANO": >https://web.archive.org/web/20180301053624/https://twitter.com/SatoshiLite/status/968931625001140224

Now, let's be reasonable: isn't it very strange that this guy sold all coins of his own project, then when he thinks people already forgot he goes to a totally unrelated and (in principle) rival project to talk about it? And that, only after he got zillions of votes, reddit gold and visualizations, he says "hey, I have some nano, just saying".

WTF?! Does this seems like a healthy market to any of you? Do we really need this low level of manipulation to make money trading? I don't think so, we should call out the shit and we depend on good projects succeeding to go to the next level of adoption.

So I'm doing my part: be aware of the scam and trade carefully.

Shill Nano thread from Charlie archived.

https://np.reddit.com/r/nanocurrency/comments/80c6fg/questions_about_nano_from_charlie_lee/

[–]coblee[S] 950 points 1 day ago Someone I met tonight was really excited about it and urged me to look into it. I like what I see so far.

submitted by /u/rdar1999
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Charlie Lee is a scammer, a cancer to crypto and you should be aware of it. Charlie Lee is a scammer, a cancer to crypto and you should be aware of it. Reviewed by paksvideo on March 01, 2018 Rating: 5

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