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Topic: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio - page 39. (Read 56899 times)

newbie
Activity: 10
Merit: 0
The dev's were pretty present here the first days. Very quiet now suddenly. Anybody heard something from them lately? Or is this dying here just like LCC itself?
They are more active on Twitter and Discord.
newbie
Activity: 27
Merit: 0
The dev's were pretty present here the first days. Very quiet now suddenly. Anybody heard something from them lately? Or is this dying here just like LCC itself?
jr. member
Activity: 70
Merit: 3
Just an observation about current price....high power mining pools can mine LCC @ 0.15 USD per LCC.  This should set the near term bottom--dont think they will mine at loss.  Recent support point of about 0.47 was broken by 1 seller of 34000 LCC at market rate that wiped out all buy orders from 0.38 to 0.5

The following are needed to build price:. the foundation needs to roll out a partnership or unique utility, the miner pool needs to become large enough that 2 miners don't dominate, the yobit situation needs a better answer (very negative overtones), need large speculative buyers who may appear at 0.15.  

Unfortunately, the Charlie Lee scam comments have impact with no rebuttal.  This guy seems to say negative things about every other coin and he himself was accused  of scamming in LTC.  I don't quite understand his logic as his coin is in the pool of coins that copied Bitcoin model. yes, LTC has different and useful specifics, but concept wise, LTC is not different than LCc.

With regard to various comments about listings on a large exchange, logically that would not happen until a good performance baseline is made.   If you are running an exchange, would you list a coin that shows weak demand and went from 8 on yobit (closed fishy exchange) to 0.3 in 1 week (when traded on open exchanges).

full member
Activity: 392
Merit: 102
When majority will have done with selling on small exchanges at about no price then real action will start. I think listing on couple of big exchanges will explode the price though purpose of the creation of this coin is pump and dump style making money. I still think it will stay here and will not die this quick as many people are expecting to happen.

Is there a reason for you saying this? Just wondering if you know anything about this project that will give it long term value.

sr. member
Activity: 826
Merit: 250
When majority will have done with selling on small exchanges at about no price then real action will start. I think listing on couple of big exchanges will explode the price though purpose of the creation of this coin is pump and dump style making money. I still think it will stay here and will not die this quick as many people are expecting to happen.
newbie
Activity: 10
Merit: 0
When will LCC be listed on bigger exchanges? Any chance anytime soon on brittrex?
They were asked on Twitter, "Why you dont list on big exchanges?"
They answered, "We are working on it, but that takes time. Remember that the project is just few weeks old."
newbie
Activity: 126
Merit: 0
When will LCC be listed on bigger exchanges? Any chance anytime soon on brittrex?
member
Activity: 133
Merit: 11

I said old hardware that is almost useless at btc.. S3 per day BTC  just under $1 per day @ 500gh/s.. 

S9 on ebay 3k....
S9 Bitmain $2330 + 105 PSU - $2435

S9 14TH
Mined/month
Ƀ 0.03512 - $363.20   ROI 7 Months! (assuming the diff stays the same)  This is not factor electricity or DIFF..

LCC is early stages you can't expect Moon right away.. or then again stick to BTC no one if forcing you.



Old or new hardware it is still better to mine btc, after mining BTC than you should exchange for lcc. Profit is x4 if you mine btc and exchange to lcc.
Your logic doesn't make any sense, if it will moon?? This way you can mine Myriad or Crown, you will mine them also with a loss... Same with LCC...
If there were slight difference like between BTC and BCC I would say go for it but x4 difference, man...
sr. member
Activity: 443
Merit: 250
I just completed lcc synchronisation. I have 1000 lcc less then I should have. The history shows that just before the hf 1000lcc were send to another wallet (not mine). I didn’t made that or any other transaction on my LTC core wallet, so it is a false transaction. How is it possible? I double checked it on my ltc wallet, where no similar transaction is done.

It's really weird because if someone had authorized access to your wallet that someone wouldn't only have transferred half but all of your coins. So highly unlikely that was happening, probably a different (hopefully solvable) problem.
Most likely a change address.

Maybe but isn't it quite unlikely that exactly half would be send from / to a change address (given it was exactly half)?
jr. member
Activity: 42
Merit: 4
<3 BTC
Mining this is far better than mining BTC at the moment if you have hardware less powereful than say S7 its worth running it on LCC chain..
Say you have S3 or S4 kicking about.. Mining LCC is the better option.  + the every block diff adjustment is a good feature and quick block times.

How did you come to this conclusion, please tell me???
With 36Ths I mine approx 31usd value of BTC per day (18usd profit + 13 usd electricity), and with the same power I mine approx 30lcc per day. That is roughly 18usd with average price that is 0.6usd on Tradesatoshi. So when you deduct electricity costs you get 5usd per day.

Been there done that, but went back to BTC after few days.

So please give me your numbers so I can go back to mining LCC  haha

Or your calculation is based on Yobit prices  Grin



I said old hardware that is almost useless at btc.. S3 per day BTC  just under $1 per day @ 500gh/s..  

S9 on ebay 3k....
S9 Bitmain $2330 + 105 PSU - $2435

S9 14TH
Mined/month
Ƀ 0.03512 - $363.20   ROI 7 Months! (assuming the diff stays the same)  This is not factor electricity or DIFF..

LCC is early stages you can't expect Moon right away.. or then again stick to BTC no one if forcing you.

Your also thinking of the now not the future Smiley

member
Activity: 133
Merit: 11
Mining this is far better than mining BTC at the moment if you have hardware less powereful than say S7 its worth running it on LCC chain..
Say you have S3 or S4 kicking about.. Mining LCC is the better option.  + the every block diff adjustment is a good feature and quick block times.

How did you come to this conclusion, please tell me???
With 36Ths I mine approx 31usd value of BTC per day (18usd profit + 13 usd electricity), and with the same power I mine approx 30lcc per day. That is roughly 18usd with average price that is 0.6usd on Tradesatoshi. So when you deduct electricity costs you get 5usd per day.

Been there done that, but went back to BTC after few days.

So please give me your numbers so I can go back to mining LCC  haha

Or your calculation is based on Yobit prices  Grin

sr. member
Activity: 686
Merit: 320
Any news about yobit? When can we deposit??
I suspect they'll open up deposits once it's price falls to around what the other exchanges are at (and/or the other move up closer to Yobit).
sr. member
Activity: 431
Merit: 250
Any news about yobit? When can we deposit??
jr. member
Activity: 42
Merit: 4
<3 BTC
Dont dump Ltc just get Some free money out of this coin, if you have the illusion that this shit coin Will beat the real Ltc dream on

Why would people dump LTC?  they get LCC for free 10:1 ratio??  I think it may be you who is dreaming Smiley
member
Activity: 252
Merit: 11
Dont dump Ltc just get Some free money out of this coin, if you have the illusion that this shit coin Will beat the real Ltc dream on
jr. member
Activity: 42
Merit: 4
<3 BTC
Mining this is far better than mining BTC at the moment if you have hardware less powereful than say S7 its worth running it on LCC chain..
Say you have S3 or S4 kicking about.. Mining LCC is the better option.  + the every block diff adjustment is a good feature and quick block times.
member
Activity: 161
Merit: 12
(0.65% 0f 840x10^6 is 5,460,000 coins)

     If this premine was somehow able to be placed on Yobit before the fork and slowly sold off at roughly 5 bucks per LCC.  (Lets just say 25 million bucks)

     Actually - it wasn't slowly.  

     The volume placed LCC in the top ten of cryptos on it's second day (with volume roughly 135 million), and the volume now is something around $500,000 and.

     That's quite a haul.

     This is almost like an "invasion of the body snatchers" scam.   "They look like people, sound like people....."  The dev team did everything by the book.  I am (grudgingly) sort of happy that most exchanges passed on this.

     If there are any bits of evidence to this it would be with YoBit.  Were there discussions beforehand about delaying the wallet code to prevent outsiders (you and me) from selling?  

     I personally think that the withholding of the wallet code for withdrawals and deposits was evil genius "Ocean's 13" sort of brilliant.   Hopefully this will be a dying trend due to compliance and weary jaded investors.  

    
LOL so much fud.
The premine is sitting at the devs address. better put my tinfoil hat on.

You're probably right but not quite tinfoil hat right.  Also no dumping at this point - where's the volume for dumping? Also the scenario that I pointed out would have worked quite well if it was done.  (Wanna start a coin?  Ethereum Cash?)
sr. member
Activity: 686
Merit: 320
I disagree that the pre-mine is huge. From looking at the address provided above, it is the same as stated in the original post: 5,5 milions LCC. Again, with the address provided above, we can see that under 8 thousands of those has been spent so far. I don't see any problems with that situation, it is as stated and spent accordingly to what the developer said so far. The pre-mine address above may give a false impression as it shows that over 200 milions were transferred (sent/received) but it looks like they just resend the change address to the original pre-mine address... nothing unusual or shady there.

1% is HUGE.

Some of my rig... I mine BTC with old KFC Neptunes .. I make 1% of a BTC every month.. .it's a huge amount.
 Tongue

1% of the total supply of LCC is more like a huge amount
Yeah, premines, ICOs etc etc etc. They're all just bullshit coins regardless of what happens with them as they're simply developed to make the developers rich. Every so often some coin comes along that doesn't do any of that and usually stays under the radar. Few years ago I came across spreadcoin on the day it launched and it didn't have any of that shit. Was even able to cpu mine for awhile. Course that eventually changed but it was a good start. There's another coin I found the other day that's going under the radar right now as well and you can sort of cpu mine. Just gotta search for that sort of stuff.
sr. member
Activity: 2254
Merit: 258
A fork of litecoin is very interesting. While watching the project, maybe I'll take part. So it looks like the prospect is. The coin is quite possible it could take off. I think many will be interested.

Like all the other fork where there is a big dip or dump at the beginning of the trade but I prefer to hold my coin until it reaches where I will a good profit, this is an airdrop coin so I will have nothing to lose if I did not sell it right now.
sr. member
Activity: 826
Merit: 250
So what are all those trades on YoBit if they don't allow LCC deposits?  Huh
People had LTC on Yobit and so they got their LCC on there. Thus, they can trade. If you like conspiracy theories, Yobit themselves could have used "their" LTC->LCC to also trade. And they could very well have deposits working for themselves, devs etc and so are able to trade. We'll never know.


If they used other people's LTC to get LCC that would probably be theft. But then again is it possible to prove that? I guess not right?
If that was true, then every bank in the world is stealing out money. i.e. they all take our money and lend it out to others in order to make interest on it for themselves. And no, don't see how it could be proved that they were doing that.

In fact you are making a very true point here. Do you feel fairly treated if the bank pays you zero interest rates or even asks you to pay money in order to be allowed to deposit into your bank account, while they are taking your money to do business with it? It's indeed a type of theft.
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