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Topic: [ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio - page 45. (Read 56899 times)

newbie
Activity: 21
Merit: 0
Smooth as hell, no trouble at all with this fork. Impressed with the LTC team on telegram despite getting quite a bit of stick. maybe litecoin cash will do well.
copper member
Activity: 2898
Merit: 1465
Clueless!
Remember guys:

     If you don't fork over proper patronage to major exchanges - your fork will die.  

     (Wasn't there a Japanese movie in the 50's with Toshiro Mifune about improper patronage?)

no idea what you mean? I'm just letting my LCC sit on my LCT blockchain, like I do with BCH on my BTC blockchain

no fuss, no muss

want to wait 1 year and a day...not big on paying 40% capital gains if less than that and 10% to my state taxes, = 50% (the IRS is not found of money

falling out of the sky...how my CPA says IRS will see this, if I cash out before that 1 year and 1 day....)

am I off on this? not a slam..just how I play it



Lol you US guys are fucked by taxes, you should move to other country, there are a lot of places with no evil taxes  Grin.

Some traders just move to thailand and other paradise places.

YOU CAN'T move to another country in and not claim taxes as a USA citizen...indeed.you have to give up some part of your wealth now for the gov't to even allow you

to renounce your citizenship......(I should google that)...so alas...no recourse


edit: here is a link..yep...except for moving to Puerto Rico below...you are correct US citizens be screwed...the 'exit tax' would apply..

https://www.cnbc.com/2016/05/17/exposing-the-hidden-tax-costs-of-renouncing-us-citizenship.html

However, a couple years ago, you could move to the US Territory of Puerto Rico and I think this still holds and if you stayed in Pureto Rico 180 days out of the year

you could sell and have NO CAPITAL GAINS..it was to spur the economy there and investment gimmick. You do pay a local/territory tax..no idea what that is...

so I suppose I could do that......(not sure a Minnesota Boy could handle Puerto Rico...biggest wind storm I'd ever seen is 50mph gusts...I assume the first hurricane

and I'd cry and wet myself like a small child) Sad

But other than that option (if it still is in play) yeah...US Citizens be screwed...

jr. member
Activity: 309
Merit: 2
sr. member
Activity: 686
Merit: 320
Anybody saying something in favor of LCC?
They haven't been in this thread for the last 6 days. So what do you think? Pretty unprofessional to have an announcement thread and then not even show up in it once a day or so to give some sort of update on what's going on with things and to respond to some posts. It's the sort of thing you see amateurs doing.
newbie
Activity: 90
Merit: 0
Anybody saying something in favor of LCC?
newbie
Activity: 47
Merit: 0
The bids are drying up on Crypto Bridge.

The volume is drying up on Yobit.

I think the developers got their premine out at the much higher prices on Yobit.

Doing a Google search of Yobit results in many "scam or not?" pages.

My guess is that LCC will drift down on Crypto Bridge to the 30 cent range, the true price.

The real coin Litecoin is up 10% in the last 24 hours.  Shocked
legendary
Activity: 986
Merit: 1001
Remember guys:

     If you don't fork over proper patronage to major exchanges - your fork will die. 

     (Wasn't there a Japanese movie in the 50's with Toshiro Mifune about improper patronage?)

no idea what you mean? I'm just letting my LCC sit on my LCT blockchain, like I do with BCH on my BTC blockchain

no fuss, no muss

want to wait 1 year and a day...not big on paying 40% capital gains if less than that and 10% to my state taxes, = 50% (the IRS is not found of money

falling out of the sky...how my CPA says IRS will see this, if I cash out before that 1 year and 1 day....)

am I off on this? not a slam..just how I play it



Lol you US guys are fucked by taxes, you should move to other country, there are a lot of places with no evil taxes  Grin.

Some traders just move to thailand and other paradise places.
copper member
Activity: 2898
Merit: 1465
Clueless!
Remember guys:

     If you don't fork over proper patronage to major exchanges - your fork will die.  

     (Wasn't there a Japanese movie in the 50's with Toshiro Mifune about improper patronage?)

no idea what you mean? I'm just letting my LCC sit on my LCT blockchain, like I do with BCH on my BTC blockchain

no fuss, no muss

want to wait 1 year and a day...not big on paying 40% capital gains if less than that and 10% to my state taxes, = 50% (the IRS is not fond of money

falling out of the sky...how my CPA says IRS will see this, if I cash out before that 1 year and 1 day....)

am I off on this? not a slam..just how I play it

full member
Activity: 462
Merit: 118
Yobit closed LCC deposits and CryptoBridge has three times lower price. Any idea when Yobit will open deposits and is CryptoBridge safe?

YoBit hasn't allowed deposits or withdrawals since the fork.  They did quickly honor the LTC to LCC "forkdrop" on existing YoBit LTC wallets, but that amazing dream of selling all that wonderful newly minted LCC was exactly that - a dream.

I wonder if the Devs had a bunch of LTC parked on YoBit for exactly this purpose.  Supposedly they have a large premine for development and I don't know if they can sell it for going YoBit prices.  That would be quite the haul and worth the pretense of a legitimate seeming fork if they did arrange that!

Cryptobridge is fine



 
Thanks for your answer. Yeah its kinda dream at the moment. You have some free coins to sell but you can't. Will wait until they open it(if they will at all...). The only option is now Cryprobridge to sell at lower price

That is why CryptoBridge's price is so low everyone is unloading there. The price is not bad around the one dollar mark. No one can complaint they are free.

ltrash isn't worth more than $0,10

It is 68 cents now. Not sure if it eill go to 10 cent though.
hero member
Activity: 717
Merit: 501
Yobit closed LCC deposits and CryptoBridge has three times lower price. Any idea when Yobit will open deposits and is CryptoBridge safe?

YoBit hasn't allowed deposits or withdrawals since the fork.  They did quickly honor the LTC to LCC "forkdrop" on existing YoBit LTC wallets, but that amazing dream of selling all that wonderful newly minted LCC was exactly that - a dream.

I wonder if the Devs had a bunch of LTC parked on YoBit for exactly this purpose.  Supposedly they have a large premine for development and I don't know if they can sell it for going YoBit prices.  That would be quite the haul and worth the pretense of a legitimate seeming fork if they did arrange that!

Cryptobridge is fine



 
Thanks for your answer. Yeah its kinda dream at the moment. You have some free coins to sell but you can't. Will wait until they open it(if they will at all...). The only option is now Cryprobridge to sell at lower price

That is why CryptoBridge's price is so low everyone is unloading there. The price is not bad around the one dollar mark. No one can complaint they are free.

ltrash isn't worth more than $0,10
full member
Activity: 434
Merit: 107
If I keep my LTC in FreeWallet.org, Will I get my LTC Cash or not? Their checker shows me a new address but the balance is zero, wtf?
sr. member
Activity: 588
Merit: 264
I have tried the balance checker from website and i got this message: Not a Litecoin address!
My LTC address is: 31srH3LnptE3ZN7AbN69TqU4jEUJWL3Zpt
I think I should converted it into L legacy address. am I right? if yes, where can i do that?
hero member
Activity: 717
Merit: 501
Shitcoin is already dying and dumping hard. Price on YoBit is artificial, its trading for like $0,50 on crypto bridge. Lol.
member
Activity: 161
Merit: 12
Remember guys:

     If you don't fork over proper patronage to major exchanges - your fork will die. 

     (Wasn't there a Japanese movie in the 50's with Toshiro Mifune about improper patronage?)
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
im still waiting for a working exchange, yobit is only for "yobit holders" i cant deposit there... And definitely i dont sell or trade at crypto-bridge prices
full member
Activity: 392
Merit: 102
Im so glad I claimed it so fast to just hold onto it from having no choice

I sense some sarcasm with this last comment but true words .  😉
Just remember.... Right now almost everyone who got forked coins are in the same position. Waiting. You are in good company!

The question is how long do I keep checking my yobit lcc wallet 5 times a day for.
member
Activity: 392
Merit: 13
Im so glad I claimed it so fast to just hold onto it from having no choice

I sense some sarcasm with this last comment but true words .  😉
Just remember.... Right now almost everyone who got forked coins are in the same position. Waiting. You are in good company!
member
Activity: 284
Merit: 10
Im so glad I claimed it so fast to just hold onto it from having no choice
sr. member
Activity: 686
Merit: 320
-snip-
Yeah, I can't really see it going anywhere either. It's the sort of coin that would have come out years ago, not in todays environment when you consider new tech in things like etherium, iota etc etc.

I'd love to see some huge pool/miner just hammer it with massive hash (which is possible given it's using the bitcoin algo) just to see what would happen. Or even try and do some things like double spends etc. It's been a long time since those sorts of things were done as a means to test out how solid a coin design was.
copper member
Activity: 2898
Merit: 1465
Clueless!
Yobit closed LCC deposits and CryptoBridge has three times lower price. Any idea when Yobit will open deposits and is CryptoBridge safe?

YoBit hasn't allowed deposits or withdrawals since the fork.  They did quickly honor the LTC to LCC "forkdrop" on existing YoBit LTC wallets, but that amazing dream of selling all that wonderful newly minted LCC was exactly that - a dream.

I wonder if the Devs had a bunch of LTC parked on YoBit for exactly this purpose.  Supposedly they have a large premine for development and I don't know if they can sell it for going YoBit prices.  That would be quite the haul and worth the pretense of a legitimate seeming fork if they did arrange that!

Cryptobridge is fine



 
Thanks for your answer. Yeah its kinda dream at the moment. You have some free coins to sell but you can't. Will wait until they open it(if they will at all...). The only option is now Cryprobridge to sell at lower price

That is why CryptoBridge's price is so low everyone is unloading there. The price is not bad around the one dollar mark. No one can complain they are free.

Coins from the fork are free, those that are mined are not. So the low price is only "good" if it's giving miners a decent profit.


Good point...however, (as I have no sha-256 miners so bare with me) I can't see with the amount of coins LCC is gonna kick out.. 10x total of LTC....it making enough for a 'legit' say a

Bitmain S9, and as the future difficulty rises in the future, to matter pointing worth poining equipment to the LCC coin.....the price, (again...not a slam here, just my observer IMHO) Also,

is that not enough exchanges yet, to get the 'real' price of this LCC and see, IMHO, so I think the price may be as much as 5x too high.....again IMHO.

So very unsure if LCC, if it has 'legs' or not...or just gonna 'pump an dump' and perhaps make the devs a bit of coin on the pre-mine.....

so from the bleachers here, the 'jury' is still out...

As I do have, supposedly, 4,400 LCC as of the fork, I'd 'LIKE' LCC to have some 'legs' but w/o ASIC mining of this coin working, again not a slam, IMHO...I just don't see

how that boat can float...

I plan on "hodl'ing" the LCC for a year and a day, simply because I realize the 'true limits' of my 'cluelessness' on forks. My first post on Bitcoin Cash (BCH) was that it would

peak at 12c ...thus, I have plenty of $$$ 'supposedly' on BCH, BCD, BCG, etc and now LCC.....so will let it ride 1 year and 1 day to keep the IRS and state/local tax folk happy

....but I don't expect ANY of the paper profits above to pan out.....I suspect all forks will $$$$ fall out of the air to rent/reside on my 'whatever flavor BTC or LTC' block address

...seems 'iffy' as hell, so I will ignore all forks, till after 1 year and 1 day...and then 'freak out' about whether to sell or not after that point in time....to keep my CPA happy....

but, back to the main point

I just don't see any fork of any flavor of any coin as working without it at least being equivalent if not more so to mine than the main coin it forks off of...now a case can be

made that BCH has hit that mark with bitmain and others....mining wise....sorta...but as to LCC vs Litecoin or just mining BCT or BCH with sha-256 on this fork...well...it

seems a long shot..which means my 4,400 LCC is also a long shot...so ..except for 'what if' posts (guesses) like this post......I've little or no control on how this plays out...

so will watch from the sidelines....I'd likely be 'more' conflicted ..if I had something that made sense to 'mine' LCC...but probably better off without the angst/drama Smiley

But again, I hope it works for the miners...then it works quite well for my 'forked' LCC hoard...so a win/win...but just not seeing it as likely, hopefully, that is likely yet...

Again, not a slam on LCC per say..but "if wishes were horses, we'd all take a ride' Smiley



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