The Litecoin founder Charlie Lee is going to be the guest in the upcoming podcast by Dan Gambardello, the founder of Crypto Capital Venture soon. The latter has been asking the community what topics he should discuss with Lee.
I’m having Charlie Lee on the channel this week— Crypto Capital Venture ⚡ (@cryptorecruitr) October 2, 2019
Comment below some unique & original questions that you’d like Charlie to answer
I repeat: UNIQUE & ORIGINAL questions lol@SatoshiLite
Gambardello’s followers started offering their questions and Charlie Lee began answering them right in the comment thread.
Among other things, he stated that Litecoin is always profitable for trading on exchanges since LTC rakes in high profits for them.
It makes business sense for exchanges to list Litecoin as LTC is highly traded and brings in a lot of revenue to the exchange. This is not always true for other coins.— Charlie Lee [LTC⚡] (@SatoshiLite) October 2, 2019
The community asks about Binance listing, LTC mining, Confidential Transactions, etc
Here are some of the other questions that crypto fans asked the Litecoin founder on Twitter, ahead of the announced podcast.
1) How much did you pay to Binance to list LTC?
I didn't pay anything for that.— Charlie Lee [LTC⚡] (@SatoshiLite) October 2, 2019
2) When did you stop mining Litecoin personally?
When Litecoin became GPU mineable, I stopped CPU mining.— Charlie Lee [LTC⚡] (@SatoshiLite) October 2, 2019
In 2016/2017, both Bitmain and Innosilicon gave me one of their latest machines for free. I mined with those and donated the mined coins to @LTCFoundation.
3) If LTC implements CT does that mean it will deviate from Bitcoins code/implementation? If yes, will Litecoin be completely independent from Bitcoin's code base?
If we do, it will deviate a bit. But we will make sure to do it in a modular way such that we can still easily merge in Bitcoin improvements.— Charlie Lee [LTC⚡] (@SatoshiLite) October 2, 2019
4) Did you ever talk to Satoshi?
Sadly, no. By the time I got into this space, Satoshi was already gone. So I haven't talked to him as far as I know of.— Charlie Lee [LTC⚡] (@SatoshiLite) October 2, 2019
‘Pray for Litecoin’
As reported by U.Today earlier this morning, things are not looking good for ‘digital silver’.
A crypto trader CryptoThies has shared a chart which shows that LTC has entered a bearish figure “Head and Shoulders”.
Recently, after a massive BTC sell-off, when its price collapsed, Litecoin was forced to move to position #6 on Coinmarketcap with Tether taking spot number 4 on the top ten line of digital currencies.