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Topic: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio - page 108. (Read 56831 times)

sr. member
Activity: 686
Merit: 320
Explain if it is not a scam just taking the name?

- It's become customary in recent months that when a blockchain is hardforked, the new coin takes the name of the old as a prefix.

We're not saying it's a great convention, but it's instantly understood by people as "oh it's a Litecoin hard fork".
No. It's generally understood that a coin is co-opting the name for other reasons such as to mislead people and try and gain a level of "respectability" they have not earned. Last time there was a lot of this sort of thing if was "Dark" stuff. i.e. BitcoinDark, LitecoinDark, DogeDark, DarkDoge and so on and so forth. So those that have been around awhile, do not view any coin using another's name in a favorable light.
sr. member
Activity: 896
Merit: 290
Any idea if this will be supported by Coinbase at all? I am not very familiar with Litecoin wallets, but I checked https://litecoincore.org/ and it re-directed me to https://litecoin.org/ (where there is a downloadable version for Mac). Would this wallet work as well? Thanks!

I highly doubt it....

One thing that is interesting though is all the bitcoin forks though, could coinbase somehow be in some sort of consumer obligation to honor everyone's bitcoin gold, bitcoin god, super bitcoin ect ect ect

member
Activity: 119
Merit: 10
So if I understand correctly the intentions behind this fork, they are mostly to get people use there old miners since there are no choices in top 100 coins for SHA256 algo? And you are creating this fork to easily get placed into top 100 using somebody else's credibility? Wow...!

If you think you can get there, get there on your own. This is anyway a brand new coin and has nothing to do, absolutely nothing, with LTC.

Would you rather them just glossy up a nice ANN and ask for 40million in an ICO where there is literally no working product yet??

There are choices for sha256 but they are few and far between for old miners....would you rather mine a litecoin fork where there are already established holders and code base or mine a coin that hasnt been updated in years?

I cant believe the sentiment in here given all the bitcoin forks we have seen in the past year...one litecoin fork and people freak out. why fuss about free coins??

Absolutely lost when reading your reply. Why call it a fork first of all if its not. Why not create a brand new SHA256 based coin and make it big? Why even ask 40 million with ICO? I don't buy and believe in ICOs. If I am missing on 1 opportunity of great ICO after buying 100s, then its not worth it. I would rather wait and buy when I see real potential.

Just by calling something a fork doesn't make it one... Sad


Oh boy, you seem to have reading comprehension problems.


Litecoin Cash, what would be the price in USD if the fork happens? I have 2 Litcoin in exchange, can I leave them there or would it have to put in a wallet windows?

No one will know exactly what the price will be but expect it to be a small price, in the $10's of dollars not $100's, since the distribution will be 10-1 per litecoin you hold it will bring litecoin cash's supply WAY higher than litecoin....high supply = lower price.

I would bet they get atleast 1 exchange to honor the fork, but to be the safest you should get your coins to a wallet you control like exodus or litecoin electrum, a wallet where you can find your private key.

Wow! So for this shitty fork you are already assuming the same price as LTC (10:1)! LTC took 10 years to reach to where it is today and someone cooks some code in their moms basement and becomes $100!?

Yup, you DO have reading comprehension problems.

Please, read each of those posts again, take your time to think and analyze what they are saying, and then reply. Because you DID NOT understand their point at all.
member
Activity: 250
Merit: 10
🆃🅾🅻🅶🅰
Litecoin core qt, is it appropriate to keep it?
full member
Activity: 602
Merit: 107
copper member
Activity: 79
Merit: 10
Official LitecoinCash account
Explain if it is not a scam just taking the name?

- It's become customary in recent months that when a blockchain is hardforked, the new coin takes the name of the old as a prefix.

We're not saying it's a great convention, but it's instantly understood by people as "oh it's a Litecoin hard fork".

None of the Bitcoin forks are connected to the Bitcoin dev team, and we're not connected to the Litecoin dev team.

In other news, this weekend we're testing our full launch procedure to make sure that we can bring you the wallet as soon as humanly possible after the fork block Smiley
newbie
Activity: 13
Merit: 0
Any idea if we'll just be able to set up a pool with p2pool in bitcoin mode and point it at the Litecoin cash wallet rpc as it's using sha256 or will it require some modification?

newbie
Activity: 21
Merit: 0
Explain if it is not a scam just taking the name?
member
Activity: 155
Merit: 10
Why is Roger a unicorn ?

You can't trust unicorns.

I instead trust unicorn they can fart rainbow .

Anyway out of unicorn question .... there are Exchange that will support fork Huh  it should be updated on main site/ twitter/ telegram etc...  for a upcoming fork and no exchange support  Huh
member
Activity: 197
Merit: 11
But if we move our Litecoins to a new address the "old" address to claim our Litecoin Cash will be empty 0 balance? so how the lcc will know how many coins to give us if the balance is 0  Huh

what matter is, if you have original Litecoin (LTC) prior the fork (which will take place at block number 1371111).
after that block number, you can transfer your original LTC to other controlled address of your.

then claim this free money, probably sell afterward and  buy the original.
full member
Activity: 420
Merit: 110
Any idea if this will be supported by Coinbase at all? I am not very familiar with Litecoin wallets, but I checked https://litecoincore.org/ and it re-directed me to https://litecoin.org/ (where there is a downloadable version for Mac). Would this wallet work as well? Thanks!
member
Activity: 148
Merit: 12
CryptoWorld!
But if we move our Litecoins to a new address the "old" address to claim our Litecoin Cash will be empty 0 balance? so how the lcc will know how many coins to give us if the balance is 0  Huh
newbie
Activity: 2
Merit: 0
OK, how do we call this one? LCash? Huh Undecided

Can you read it? It's called "Litecoin Cash" and symbol will be LCC.

Dude, saracasm.
hero member
Activity: 688
Merit: 506
CryptoCurrency Evangelist
So if I understand correctly the intentions behind this fork, they are mostly to get people use there old miners since there are no choices in top 100 coins for SHA256 algo? And you are creating this fork to easily get placed into top 100 using somebody else's credibility? Wow...!

If you think you can get there, get there on your own. This is anyway a brand new coin and has nothing to do, absolutely nothing, with LTC.
Said Bitcore supporter Cheesy  Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
newbie
Activity: 94
Merit: 0
So, when will the forking be taking place?
Block 1371111 approx Feb 18

Will the new forked LCC coins be available on my Trezor?
I'd like to know this too, LCC will post info about how to get if we keep LTC on Trezor pls?
full member
Activity: 408
Merit: 100
Why is Roger a unicorn ?

You can't trust unicorns.
newbie
Activity: 26
Merit: 0
So, when will the forking be taking place?
newbie
Activity: 84
Merit: 0
Will the new forked LCC coins be available on my Trezor?
jr. member
Activity: 71
Merit: 1
How can you decide a price without any exchange supporting this??
Will i sell litecoin cash in the future locallitecoincash.com?!


They aren't...

At the point of the hard fork, and, if you held a LTC balance in a (non-exchange) wallet you will be able to then claim (like those with BCH/BCG) LCC. The amount of LCC credited will be 10:1

  • Make sure you have LTC in a wallet
  • Wait for Hard fork
  • Transfer LTC to new wallet (so empty)
  • Import the (now empty / swept) private key in LCC wallet
  • Get 10x LCC of original LTC balance


newbie
Activity: 14
Merit: 0
How can you decide a price without any exchange supporting this??
Will i sell litecoin cash in the future locallitecoincash.com?!
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