Topic: [ANN][FORK][AIRDROP] LITECOIN PRIVATE - LTC fork /w Privacy and Smart Contracts - page 2. (Read 20636 times)

I second that [while slow clapping in respect].  Bravo.

Nice work, nliban. Nice work.

Well remember my old post on page 13 when I pointed out the scam around the fake website http://ltc-private.org


I found strange the similitude between Chad Matthew the guy who posted the video on youtube and Cryptochadder, the guy who came here to share the link in a way he thinks smart.

Let's see now this post where SmokeAndMirrow thanks him for the video.


Polite right?

But not smart at all. I looked at their profile and their posts.

The 2 profiles was created on February 24, 2018, 07:26:38 PM and February 24, 2018, 07:24:49 PM. Just 2 minutes between the two creations.

Look now at their old posts. All the topics are about forks and airdrop with the same methods (by giving the chainCode). And everytime, those 2 scammers (or just 1) are posting on the same topic, fake thanking each other.

See on this topic https://bitcointalksearch.org/topic/litecoin-hard-fork-can-i-get-it-to-exodus-wallet-3354430 this time cryptochadder ask for help and SmokeAndMirrow give him the same youtube link.


When you look at the other topics, always the same methods.

And, remember eosdac where they took the team pics? Here is eosdac again :


And again, chainCode.

And again, on BTC private topic, same kind of videos on youtube about how to claim https://www.youtube.com/watch?v=eT8gHBqJwWo by Chad Campbell this time.

Just today, they posted link again on a topic about Monero Fork... https://bitcointalksearch.org/topic/111-3414772

Same approach "I'm fucking new...... need help" "oh this is the link to help you"...

For the guys who lost their LTC, you know now who got them.

Good point


Nice.  Scandal.


Always, my friend.  Good luck to you.

Again, I'm just pointing out some facts and as I've already said, everyone has to do his own research and can make his own conclusion, I'm just trying to give some warnings and try to let people know that crypto is not always as legit as it seems to be. I saw it thousands times on Twitter, with those scammers offering back ETH as giveaway for the ones who send first 0.5 ETH. You will say it's too big to be scammed like that but you will be surprised to see how much they get on their wallet.



The problem is not about starting with an ERC20 tokens, it's about the distribution. A fork is not an ICO, so why an airdrop? If it's real, giving more LTCP to regular people for free than the LTC holders is wrong.



The idea is great. But I don't know what happened exactly. Maybe it is a scam from the beginning, maybe the devs exit during the project.. But read my previous post, it's easy to know, just ask Paul Miller (the supposed CEO) on Twitter if he knows about this project..

Also, I've done some more research and I can say now that 2 of the scammers are posting on this topic (even if I think it's the same person, using 2 different usernames). And I can give the details. So be careful and don't trust anyone without checking anything by yourself first.

Agree.  For me personally, this is one of the biggest red flags of all.  However, starting as an ERC20 token and moving to their own coin is not unheard of.  It's just very unusual for an idea that hasn't established itself yet.


That's possible and maybe even likely.  Maybe the reason the new twitter account disappeared is because the news didn't do anything.  LTCP is down a few more sat today.  I don't think it's been green at all since 4/20.


For anyone that doesn't know, I hope they take the time to read this post you made more than anything else.  I can't believe there are still people investing real and hard earned money into crypto that don't know how easy it is to do this.

Again, I feel terrible for the good people who get scammed.  Especially new people who are still trying to learn.  I know people have been told a million times but, DO NOT INVEST MONEY YOU CAN'T AFFORD TO LOSE.  This is a dirty game right now and it's only going to get dirtier until people learn lessons the hard way by getting scammed.  People need to use their heads more and emotions less.  Especially greed.

All of that said, I absolutely see the points you're making and they make sense.  I just don't think this is a scam.  I think it's a terribly run, unorganized great idea.  If it should somehow get to $10 I will be very happy all the way to the bank.  If it gets to $1 I'll be happy.  If it is a scam and goes to 0 sat I will say, "Oh well" and move on because it's so dirt cheap that it's not worth stressing over.  So, I guess I'm kind of looking at this project as a can't lose...even if I do.

Ok so just think with me.

Litecoinprivate account follows a Paul Miller tech guy. But this Paul Miller doesn't follow Litecoinprivate. Why not.

On his twitter account, he never talks about LTCP or saying something about crypto (I've looked at all the 2018's tweets). And I've checked his LinkedIn account too. He is a senior cloud computing analyst.

So, litecoinprivate CEO is Paul Miller but Paul Miller doesn't even mention it anywhere. He has 13K followers so litecoinprivate might have just followed him too.

A funny fact, Litecoinprivate follows 6 accounts. One of them is Victoria Lavoie (yes Victoria not Victor).

For whom who remember, Victor Lavoie was one of the supposed LTCP devs....

Everyone can make his own conclusions here, but those people has nothing to do with LTCP for me. They have followed them to try to make the project looks more true. But it is easy to check, you can just send him a message on twitter to ask him.

Look at who the original Twitter is Following.

And for anyone who wants to know, It takes literally 20 mn to create his own ERC20 token. So anyone without a real project can do this and pretend there is a project behind.

I am on the Telegram group from weeks, and believe me, some people thought they will be. And buy a lot.


I hope it is legit and I will buy back. But for now, any news goes wrong, we have to admit it too.


A dream is not a goal lol, just a dream. Litecoin Cash went to 7USD so...


It was the goal. But people get scammed anyway...


I haven't seen the answers lol


Remember, they talked about a big news. All of us wait for it. Never came. Why he has left the telegram group? And if he had reasons to leave, why he didn't come back?


Yes, that's the point. A fork need some things before to be done and we got any of them. Especially the snapshot. And yes LTCP pumped few days before the fork, cause some people still believe in the fork and some people just follow I think. Also, it's the first time I see a fork starting with ERC20 tokens. A fork generally give coins to the holders of the forked coins. If someone who hold 1000 LTC (so a big holder), get 1000 LTCP, why you and me or anyone here would get 4200 LTCP for free and without holding anything? It's still strange for me.



When the devs sold the tokens and dump the price before their exit, they got a maximum of 5 or 7 BTC. So it's not worth at all at the first place to scam people. If they had wait, maybe they would have got more. I think the different scam are made by the same peoples. So little by little, they can get a lot. And of course, by saying the forked coins will be distributed in 7 days on Yobit, people will buy and the price would pumped.

I feel terrible too for those who lost their LTCP, I asked the same question. Why risking 6 LTC to get 6 LTCP??


Thanks. I just want to give people informations to help them thinking. And at the end, everyone is free to do whatever he wants.


Lol right, but I've seen people crying. Some have bought a lot at 170 sat and when the devs dumped the price at 3 sat, sure they lost a lot of money.

Thanks to respect my opinion.

I don't force people to do anything, it's just a warning, everyone has to do his own research, but some are new in crypto and follow without thinking.

I saw one guy who lost 5.67 LTC trying to get 5.67 LTCP worth 125 sat. No one can accept that.

I've defended this project before you, and I'm disappointed by the main team and now by the scammers. I hope I'm wrong but every news is bad and add a new red flag. I'm not spreading fud, I've no interest, I'm just giving fact and asking questions. If you have details about this Paul Miller, please show them to me. He seems to be a ghost on internet.

Its not just about believing in a project, the project is good. But try to understand how a fork is done and you will understand automatically the problem here.

Without being in a fight, and saying you said this, you, I would say that the project is very interesting, we have to help DEV develop it .

I doubt anyone thinks they're going to get rich quickly off of LTCP.  If they do, they shouldn't.


Agree.  The fact remains that IF this is legit, the idea seems great.


I'd say $10 is a very unrealistic goal as it would have to nearly 5000x, but yes, TONS of red flags.  No doubt.  


True


You most certainly did.  That was great info and would've saved some a great deal of money and aggravation if they'd bothered to read it.  I know I'm glad I did.


The questions you asked were answered.  Maybe not to your satisfaction or even correctly, but they were answered.


Agree

 Yes.    Yes.    Yes, but notified in advance (I think.  Could be wrong).


Fork had already been announced.  Lots of deadlines can be missed and explained away.  Not that one.  


Great question.  I wondered that too.  I would guess too busy trying to meet the fork deadline, but it wouldn't take much time at all to visit (here especially) and slam out a 2 minute reassurance that this thing was going to happen.  The follow up question I would ask is whether anyone would have believed anything different about the project had he responded at all in those three weeks. There still was no "announcement", there was no wallet, etc.  Those things were all supposed to come before the fork and didn't so I don't think responding to anyone would've established any more faith than exists anyway.  LTCP still hit the ATH before the fork with no information given at all.


Answered above


IF it was hijacked, who would delete it?  Why would they care?  I quit watching so I have no idea.


Don't know.  Good question.


Yes, you could.  But the question I've asking all along is WHY?  Why would anyone go through all of this trouble and work to scam people out of a token that's not even worth 1/4 of a US penny.  Without proof at this point that the project is legit, no amount of twitter accounts or websites or ANYTHING is going to pump the price of this token.  It would be a wholly useless scam.  I feel terrible for the people that lost LTC, but I'm not even sure why anyone would have tried to claim the fork yet.  It costs more to move the LTC properly than the free coins are worth.  Why would I risk 1 LTC : 1 LTCP when I can go on yobit and buy LTCP for a quarter of a cent?


Please do.  You seem to be pretty good at research.  After all, (I think) we are all here to help each other out as much as possible.


Well for $10 you can get like 4000 LTCP so if anyone's crying over the price of lunch they probably shouldn't be getting involved in an unregulated crypto market.

I'm suprised how people can be so blind when they think they can be rich with something.

I'm not against any project, I'm against scammers.

I had LTCP and I dreamed like you now to see it at 10$. But there are facts, a lot of red flags, and you don't want to see the truth.

The main team is gone. Now, other peoples are trying to take advantage from guys like you. I came with proof after my research about the http://ltc-private.org fake website. And now, I'm asking questions about the new twitter account. If you can't give me the answers, so don't tell me what I have to do. And I've already sold my LTCP.

All of this don't make any sense.

First, he left the Telegram group and said that devs sold all the tokens and don't answer him.
Then a fake website to steal LTC from people.
And just now, a new twitter account, day after the fork, and already deleted after I asked the same questions on twitter.

OK the old twitter was hacked a few days ago? Why he was absent those 3 last weeks? Why he didn't create the new twitter account sooner to give news to people or came here to talk? And why this twitter account is now deleted? And the old one still there without the Taylor Swift retweets?

And how they can fork a coin without giving any instruction about the snapshot?

I can create a twitter account now with Paul miller name and pretend it's me.

So buy if you want, and I will give my opinion if I want. Thats how a forum works. You can even come here to cry in few days if you need it.

Do you mean what underlying deficiency in the bitcoin world does LTCP improve?  If so...


Or do you mean what is the underlying deficiency of LTCP?  If so...

Poor communication and repeated odd occurrences have established little to no trust in it's legitimacy.  Plus, there's no source code anywhere (that I'm aware of) to review.

What is the underlying deficiency of the Private Litecoit system in bitcoin world?
Good feedback can make a system more perfect than ever.

I am very happy with this project and I am very optimistic. I see this project has a great team and I have no doubt that we have a great future ahead of us.

Yep.  Exactly, this.

I too believe this sounds like a very promising project.  Frankly, I bought some super cheap and sold most of it right before the fork and might even get more now that it's cheap again.  So, even if it's a scam I've lost nothing.  It may well be a scam, but if it is it's the most unorganized and clumsy scam I've ever seen.
From what I can gather from twitter, here and a few other things I've found here and there, it looks like this could be a very good idea with (so far) bad implementation.  It looks like they were on track until the beginning of April when there was a large dump on Yobit,  there were screenshots on @liteprivate showing that Paul Miller was unable to contact the rest of the team and no one would respond and the telegram group disappeared.  There was no contact or information regarding anything up to the fork, but on 4/20 there was a point where (if I remember correctly) LTCP hit close to 200 sat. It would seem if it was a scam, that would've been the time to dump and disappear.  I would guess (pure speculation here) that Paul Miller may have been roped into something without realizing it and had worked hard enough on the project that he wanted to see it through.  With only a couple of weeks to the fork, I'd imagine the development team turned into him and maybe a buddy or two.  If that's the case there's not a lot of time to be answering questions on twitter or bitcoin talk when you've got a huge deadline to meet in a short period of time.  In this scenario, they meet the deadline, Paul Miller celebrates with some drinks and a cigar and hits twitter the next day to let everyone know the good news.  He's been very active on twitter and answering a lot of questions.  Some of them (understandably) not very nice.  His twitter is in fact down and I can't check it now because it's gone, but I'm pretty sure he said within the past day or two that it would be, as would the website, until everything with security had been sorted out to avoid any situations like had just happened with the @liteprivate twitter account.  Something about wanting to under promise and over deliver or some such thing.  This makes sense to me as the folks that hijacked the @liteprivate account were (supposedly) former team members and would probably be privy to a lot that would need to be changed from twitter to website or even code depending on what position they help.  Another reason I think it might be true is the new @lite_private account only had about 50 followers and Paul Miller was following every one of those.  Possibly to notify us right away when the everything was back up and available.  He was also asked and seemed very agreeable about providing the source code once he was sure any security issues elsewhere were taken care of and implantation of the wallet was done.
So, sure there's tons of red flags.  Hell, ERC20 token to stand alone coin is enough to be skeptical.  But in defense of this project, unless they're playing 3d chess here in the most twisted and confusing scam in the history of crypto, I'm willing to wait it out and see what happens.  

TLDR...Crypto scams don't NEED to be this complicated to work.  I think the project got f-ed up and he's trying to fix it as quickly and on point as possible  Might work.  Might not.