There is an interesting discussion going on about the head guys of Paycoin and Litecoin! Questions have arisen following statements made by Andrew Vegetablile and others about GAW’s new ownership of Coin-Swap. In response to all the commotion, Paycoin leader, Josh Garza, has challenged Andrew Vegetabile of Litecoin to a friendly debate.
Here is another topic, not yet surfaced (until now): Is Litecoin Director Andrew Vegetabile trying to position his new cryptocurrency exchange, Koinyx by displacing Paycoin and Coin-Swap? I believe the information about to be revealed here is paramount for everyone to see the truth and what Andrew Vegetabile is not being transparent about.
Here is what you should know about Andrew Vegetabile, the questions I have for him, and the community.
The new scandal
Andrew Vegetabile is in the same exact position he is “concerned” about GAW being in. He is both the director of Litecoin, and the CEO of a cryptocurrency exchange (Koinyx). This is a situation where the “black pot calls the kettle black”. Andrew also said the fact GAW created Paycoin and now owns Coin-Swap raises concern for price manipulation.
“I believe that they crossed a significant ethical boundary by creating a coin then taking ownership of an exchange which can then be utilized as a way to control the prices of said coin. They are belittling the hard work of honest and ethical developers of all coins by their actions.” (CCN )
A new flame in the fire
Andrew Vegetabile announced on October 4 2014, Litecoin’s plans to launch Koinyx. And who is the CEO of Koinyx? Andrew Vegatabile himself. Vegetabile raises speculations of GAW and CEO Josh Garza for launching Paycoin AND also owning a currency exchange…whilst Vegetabile is a leader of Litecoin, planning HIS launch of a currency exchange. (Some people may not have realized this and that’s why we are bringing it up.)
To Andrew Vegetabile:
1. What is the real reason for your statements about GAW and their acquisition of Coin-Swap?
2. Are you planning to manipulate the price of Litecoin on your new currency exchange?
To the Community:
1. Are you concerned about Andrew Vegetabiles’ statements or his motives?
2. Do you think Andrew is positioning himself to manipulate the price of Litecoin?
3. Is Andrew trying to displace Paycoin and Coin-Swap with controversy?
What are Vegetabile’s true motives?
Maybe if we are lucky, Andrew Vegetabile will clear this up for us. I would hate to think that Andrew and Litecoin have bad intentions, not only for Paycoin and GAW but for the community. Perhaps we should consider whether they are they planning to manipulate the price of Litecoin with their new exchange? This is what Andrew deviously implied might occur if a cryptocurrency leader simultaneously owns an exchange!
Is this an attempt to debase Paycoin and vilify GAW, for the gain of Litecoin and their upcoming currency exchange?
What does everyone think about Andrew Vegetabile’s implied accusations?
Does Andrew have bad intentions? Is he trying to manipulate the price of Litecoin by starting a new exchange?
Leave your comments below!