[ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio - page 109.

crafty

full member

Activity: 336

Merit: 111

Bitcore (BTX) - The Future is Now

Quote from: bitChipper on February 09, 2018, 10:43:03 AM

Quote from: lutche on February 09, 2018, 09:40:13 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!?

crafty

full member

Activity: 336

Merit: 111

Bitcore (BTX) - The Future is Now

Quote from: bitChipper on February 09, 2018, 10:38:17 AM

Quote from: crafty on February 09, 2018, 09:46:21 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... Sad

bitChipper

sr. member

Activity: 896

Merit: 290

Quote from: lutche on February 09, 2018, 09:40:13 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.

amerrigan

jr. member

Activity: 71

Merit: 1

Quote from: Rapidement on February 09, 2018, 10:38:37 AM

The cost of a Antminer S7 in $300 - $400 more expensive than building a 6 GPU mining rig, with 1060s. Also the GPU mining rig can mine many algorithms.

Also GFX card hold good value for resale, believe it or not you can actually play video games on them.

Rapidement

jr. member

Activity: 103

Merit: 6

In case the Litecoin Cash developer did not know. Bitcore (BTX) has already solved absolutely every problem they claim to be approaching. ASIC miners are power hungry machines, and GPU mining was developed to decentralize mining. There are not too many crypto investors who care to even purchase ASIC miners anymore. The cost of a Antminer S7 in $300 - $400 more expensive than building a 6 GPU mining rig, with 1060s. Also the GPU mining rig can mine many algorithms.

Bitcore (BTX) has solved the block speed problem a long time ago. Far before Bitcoin Cash, Bitcoin Gold, Bitcoin Radium, and all the other shit forks, BTX has literally fixed all of the crypto problems.

Just when I thought the time for shit coin forks was over, these idiots go and fork the great Litecoin. With these bogus claims, to fix problems that have already been fixed.

https://bitcointalksearch.org/topic/annmain-bitcore-btx-datacarriersize-up-to-220-bytes-1883902

bitChipper

sr. member

Activity: 896

Merit: 290

Quote from: crafty on February 09, 2018, 09:46:21 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??

fl1pp3r

newbie

Activity: 14

Merit: 0

wich exchangers will support this?

crafty

full member

Activity: 336

Merit: 111

Bitcore (BTX) - The Future is Now

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.

lutche

newbie

Activity: 59

Merit: 0

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?

LitecoinCashOfficial

copper member

Activity: 79

Merit: 10

Official LitecoinCash account

Hey all, a huge interview with Tanner just dropped, where many of the above questions about "what's wrong with LTC", "why SHA256" are answered. Check it out!

andonevris

newbie

Activity: 1

Merit: 0

What is the point of this, Litecoin is already fast and cheap?

Sounds like a load of BS to me

amerrigan

jr. member

Activity: 71

Merit: 1

Seems to be a lot of shitposting about Litecoin cash from brand new accounts, hmmm

wetspyder

newbie

Activity: 8

Merit: 0

Quote from: Fenboy on February 09, 2018, 03:18:47 AM

Quote from: wetspyder on February 09, 2018, 03:08:55 AM

You guys know there is a ltc cash right?

http://www.ltccash.org/

https://bitcointalksearch.org/topic/ltca-cash-new-announcement-2668787

Your links are LTCcash - LTCA

This is Litecoincash - LCC

Yeah, my point is it's hardly original.

Fenboy

newbie

Activity: 84

Merit: 0

Quote from: wetspyder on February 09, 2018, 03:08:55 AM

You guys know there is a ltc cash right?

http://www.ltccash.org/

https://bitcointalksearch.org/topic/ltca-cash-new-announcement-2668787

Your links are LTCcash - LTCA

This is Litecoincash - LCC

eXpl0sive

hero member

Activity: 574

Merit: 502

waiting to explode

More free money. I will dump this for real LTC as soon as I can. Thanks for paying my house rent for this month!

wetspyder

newbie

Activity: 8

Merit: 0

You guys know there is a ltc cash right?

http://www.ltccash.org/

https://bitcointalksearch.org/topic/ltca-cash-new-announcement-2668787

amerrigan

jr. member

Activity: 71

Merit: 1

Quote from: Khurram Bin Kamal on February 08, 2018, 10:15:36 PM

Quote from: LitecoinCashOfficial on February 08, 2018, 03:53:58 PM

Hi all, we are happy to reply about Charlie Lee's posts.

We don't want to engage on Twitter and protest our innocence, etc. He is absolutely correct to be skeptical.

We are absolutely, 100%, NOT an "official" Litecoin-endorsed project.

EVERYONE is correct to be skeptical. Skeptical is a sensible default state! If you like, consider us a tutorial level for LTC forking. Practice safe forking and never import a private key that still has live coins on it into ANY wallet or website -- including ours.

And remember, you don't have to claim right away; your LCC won't go away. Wait and see how others find the process. Nothing stopping you making sure your LTC are on a key you control for the fork block, in case you ever decide to claim in the future.

Oh, and we're definitely not bitmain!

So can you please elaborate that why did you change the algorithm from scrypt to sha 256

Probably to use ASIC's to get an initial horde before the difficulty gets too high.

chickenfried12

legendary

Activity: 1120

Merit: 1003

Quote from: LitecoinCashOfficial on February 03, 2018, 04:18:23 PM

We're forking Litecoin... and making it SHA256. Yep!

Details

thanks for this good informations , and alos supporting tthat fork like I supported the others forked

n1que

member

Activity: 197

Merit: 11

Quick cash from thin air? I agree.

I will use this fork coin to buy the original, sure. Kiss

Khurram Bin Kamal

full member

Activity: 200

Merit: 100

Quote from: LitecoinCashOfficial on February 08, 2018, 03:53:58 PM

Hi all, we are happy to reply about Charlie Lee's posts.

We don't want to engage on Twitter and protest our innocence, etc. He is absolutely correct to be skeptical.

We are absolutely, 100%, NOT an "official" Litecoin-endorsed project.

EVERYONE is correct to be skeptical. Skeptical is a sensible default state! If you like, consider us a tutorial level for LTC forking. Practice safe forking and never import a private key that still has live coins on it into ANY wallet or website -- including ours.

And remember, you don't have to claim right away; your LCC won't go away. Wait and see how others find the process. Nothing stopping you making sure your LTC are on a key you control for the fork block, in case you ever decide to claim in the future.

Oh, and we're definitely not bitmain!

So can you please elaborate that why did you change the algorithm from scrypt to sha 256

Topic: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio - page 109. (Read 56831 times)