It could take 6-24 months for Bitcoin to return to its level- Charlie Lee


#1

One of the cryptocurrency creators that had an early foresight on what cryptocurrencies will be to the world in the nearer future is Charlie lee, the former Google engineer who also worked with Coinbase, before leaving the later to focus on his created crypto litecoin, that could be mined. In recent times, he said that everyone should try and own at least one bitcoin and in another commented that was widely published online, he said that bitcoin is the gold of cryptocurrency which could suggest that he is a bitcoin fan.

In a chat he had with CNBC which has a good inclination concerning crypto coverage, he was asked some question about plans to buy back litecoin which he sold out late last year and early this year, due to criticism, bitcoin crash and his prediction when when to expect a bitcon rise.


#2

Charlie Lee is also the creator of Litecoin. He reverse engineered Bitcoin to create a lighter, faster, cheaper version of Bitcoin. I think with due time we will see a dramatic impact on the way we make transactions and send gifts and good to others.

One of the great things about Coinbase already is the ability to send Bitcoins to friends and family with the press of a few buttons. It seems like sending cryptocurrency is just as easy as sending email nowadays so I don’t foresee the growth stopping anytime soon.


#3

he was asked some question about plans to buy back litecoin which he sold out late last year and early this year. This is main point to focus out. what do you think?