[ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio - page 108.

Viper1

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Quote from: LitecoinCashOfficial on February 10, 2018, 05:12:21 PM

Quote from: cryptoknight999121 on February 10, 2018, 03:36:58 PM

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.

bitChipper

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Quote from: allycn on February 09, 2018, 07:40:16 PM

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

GoldenOrder

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Quote from: crafty on February 09, 2018, 11:43:56 AM

Quote from: bitChipper on February 09, 2018, 11:38:17 AM

Quote from: crafty on February 09, 2018, 10:46:21 AM

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...

Oh boy, you seem to have reading comprehension problems.

Quote from: crafty on February 09, 2018, 11:45:26 AM

Quote from: bitChipper on February 09, 2018, 11:43:03 AM

Quote from: lutche on February 09, 2018, 10:40:13 AM

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.

Tolgatrz

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🆃🅾🅻🅶🅰

Litecoin core qt, is it appropriate to keep it?

Bytem3

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Here's an article explaining more about Litecoin Cash:
https://coincodex.com/article/1283/some-facts-about-the-forthcoming-litecoin-fork/

LitecoinCashOfficial

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Official LitecoinCash account

Quote from: cryptoknight999121 on February 10, 2018, 03:36:58 PM

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

jbuk1

newbie

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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?

cryptoknight999121

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Explain if it is not a scam just taking the name?

Provablefair

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Quote from: kaedcoin on February 09, 2018, 03:10:41 PM

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

n1que

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Quote from: elchavotravieso on February 09, 2018, 07:40:04 PM

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.

allycn

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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!

elchavotravieso

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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

drfaust

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Quote from: michelem on February 04, 2018, 08:20:44 AM

Quote from: drfaust on February 04, 2018, 06:49:50 AM

OK, how do we call this one? LCash? Huh

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

Dude, saracasm.

laris2

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CryptoCurrency Evangelist

Quote from: crafty on February 09, 2018, 10:46:21 AM

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

TalkBitcoinsCom

newbie

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Quote from: supracoinman on February 09, 2018, 02:11:04 PM

So, when will the forking be taking place?

Block 1371111 approx Feb 18

Quote from: Fenboy on February 09, 2018, 02:04:39 PM

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?

kaedcoin

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Why is Roger a unicorn ?

You can't trust unicorns.

supracoinman

newbie

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So, when will the forking be taking place?

Fenboy

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Will the new forked LCC coins be available on my Trezor?

amerrigan

jr. member

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Quote from: fl1pp3r on February 09, 2018, 12:49:21 PM

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

fl1pp3r

newbie

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

Topic: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio - page 108. (Read 56770 times)