Bitcoin Forum

On wikipedia's discussion page: http://en.wikipedia.org/wiki/Talk:Litecoin#Should_a_pump_and_dump_scheme_really_get_a_wikipedia_page.3F

He's spreading lies about litecoin all over the internet, calling it a scam.

If you want to know why he does it, connect the dots:

http://mineforeman.com/2013/04/02/luke-jr-shows-off-the-first-butterly-labs-asic-bitcoin-miner/

From just watching the cgminer bfgminer part i lost interest in luke.

Someone need to clean up the wiki for sure, unprofessional. I want criticism to be there too, but not in that way.

Luke-Jr., the "aborted babies go to hell" wannabe Christian, has Josh's dick so deep up his arse it's not funny any more.

Of course he has to defame Litecoin. He is a paid BFL shill. If everyone starts mining Litecoins, BFL can pack up and go home ......

I'd have thought it was a litecoin miner who was upset about all these bitcoin GPU miners abandoning ship in the face of ASICS and killing his litecoin difficulty trying to scare them back from whence they came ;D

Luke-jr may be wrong on Litecoins but you should all respect him and not badmouth him (Radacoin). Have you read the #bitcoin-dev log from the March 11/March 12 hardfork event?? Luke-jr was the guy taking the lead on the solution. He is the reason that you are still wealthy if any of you were smart enough to buy BTC at low prices! A thank you would be in order.

http://bitcoinstats.com/irc/bitcoin-dev/logs/2013/03/12 (http://bitcoinstats.com/irc/bitcoin-dev/logs/2013/03/12)

Why would Litecoin holders thank him? if anything he kept Litecoin from taking over, when Bitcoin hardforked. If the Bitcoin hardfork fiasco lasted a lot longer, Litecoin would have a chance to become the dominant currency.

Do you understand the word "if"?

Luke Jr holds over 1000 LTC      No joke ;D  (gave them to him myself)

But really, he is just jelly.

He is upset some new LTC miners have more crypto wealth than he has :/

Poor sap indeed. I feel sorry for that twisted boy.

What a shame...

Luke is right. The only reason people buy it is to make a profit off how volatile it is. Don't kid yourself in thinking it is as good as bitcoin. Think in terms of all of the COD clones, did they ever actually succeed in being the new popular game? No, because they brought nothing substantially new to the table. COD always won over the market, just like bitcoin does and will.

The god thing is: No one cares what you think. Or what I think. The market has no emotions, but is always right.

In 10 years from now we all know more  ;)

Why should anyone thank him for being a selfish douche? (I'm not saying he is one but it seems like that's what's being reported here) He is invested in BTC and faced with the possibility of his investment going down the drain he unintentionally helped everyone else invested in BTC by trying to save his own ass (it would be hard for him to increase the value of his bitcoins while everyone elses bitcoins somehow decreased in value).

If he really is going around spreading lies about litecoin and such just to line his own pockets (at the expense of litecoin miners) he doesn't sound like much of a philanthropist deserving of thanks to me.

Indeed. Don't get me wrong, I love litecoin. But I love it because ive made tons off it, not because I think it'll be the successor or rival of bitcoin.

Silver is not the successor or rival of gold either.

When Bitcoin was forked this litecoin user was still able to move crypto.

LTC is very much needed, will it kill BTC no? But BTC might kill itself.

Would you say the same about Satoshi? Do you even know who Satoshi is? Do you know who luke-jr is?

BTC = COD
LTC = Rainbow 6
FTC = Battlefield

All brilliant Games in there own right!


Edit: Also Killzone = PS3 only But a brilliant game IMO.

some of us know luke jr pretty well. this conversation is not about satoshi

this argument still going on? Wow.

has it even been an hour?

Seriously read the #bitcoin-dev (http://bitcoinstats.com/irc/bitcoin-dev/logs/2013/03/12) log from March 12 before spreading your (likely irrelevant) opinions on luke-jr. He is the guy saving Bitcoin! Most of the other devs were just messing around.

Just because he does some development with btc does not mean he is correct about ltc.

that is just silly.

I hate discussing with people who do not read my posts. It seems so counterproductive.

LTC is an altcoin, just like the rest aside from BTC. I honestly think Luke Jr has a valid point that there is no need for other currencies and that LTC to an extent is just that a 'pump and dump'. Limited adoption, tons of hype and highly imaginary underlying value. Hell, we are talking about a coin that went from 0.40 - $5 in literally 24 hours. Of course all the LTC miners are going to argue it's just 'hating' but then again, lots of people saying the same about Feathercoin, which is in my opinion the very definition of a overhyped, 'premined' scamcoin designed to relieve new miners of GPU power and BTC.

BTC went from 33 to 3, 260 to 70, 150 to 50, etc, all in 24 hours. LTC has been much more stable than BTC in the last few months.

Again, how volatile it is? You people need to seriously do some research before opening your mouths.

LTC is perfect for when BTC gets forked or has an unfixable bug.

people who hate ltc are just btc fan boys and are not true crypto bugs.

luke is just a btc fan boy

Are you aware that luke-jr has contributed to the development of litecoin?

http://pastebin.com/7UCqiwk6 (http://pastebin.com/7UCqiwk6)

Did you know that is why I tipped him 1337 LTC?

No. But I cannot see why you badmouth him so much if you appreciate his contribution to the development of litecoin.

The work he has done for LTC is not as significant as the damage he is trying to do to LTC. And what i have said about him are mostly facts, or my views about him.

He is clearly trying to protect his BTC interests at the cost of crypto coins.

If BTC breaks or forks again, LTC is our best shot!

Respect is earned from how one treats people, not for coding.

LukeJr lost my respect due to his inability to consider the opinions of others. To be honest, the dude strikes me as a bit of a narcissist.

and he cashed out into btc right after that,

He did good and we acknowledge it. That doesn't mean we shouldn't attack him for sullying Litecoin's reputation and attacking it for no good reason.

Hitler did a lot of good too, he built highways, he was one of the pioneers of animal rights; but he still gassed Jews.

I'm not saying Luke-Jr is like Hitler, obviously. I'm saying if you do some good it doesn't give you license to do evil.

You all are going to burn in hell.....talking like that about god himself  :P

no, they never moved.

He said on IRC now that he's keeping the LTC to "keep them out of circulation", after I asked him if I can have his "worthless" 1337 litecoins

sounds like all pump, no dump :)

No, Ask him to public destroy them by sending to an impossible LTC address.

He has always had it out for alt-coins, always will.

luke-jr is gay he and josh are lovers

Why would that matter in the context of luke-jr? At least you didn't say Hitler, lol.


I think the real question is do you even know who Satoshi is since your question implies that you do.

Last time I checked the identity of the person(s) known as "satoshi" remain unknown to the bitcoin world.

Who cares what anyone thinks... Bitcoin is gold 2.0 and Litecoin is silver.

It's more stable than bitcoin at the moment  ::)

For a quick pump and dump scheme it also seems to go pretty slow in cryptocurrency measurements.

Luke-Jr is a christian fundamentalist, people with imaginary friends tend to hate things for no reasons at all, I'm not even try to guess why he has something against ltc. Maybe it was written :P

ltc is better than his alt coin, the first alt coin tonal coin

ITT: ad hominem

If Luke didn't engage in it himself, he most likely wouldn't be on the receiving end.

LTC will succeed. I do not believe Luke can stop it.

https://en.wikipedia.org/wiki/Tu_quoque

We can discuss Luke-Jr till the end of eternity but this will change nothing in his behavior. He does only what voices in his head say.

FTFY.

I think Wikipedia has its own procedures in place to regulate its content.

TQ is an excellent tool in academia and the courtroom. As a function of reality, not so much.

You'll find that a lot of the internet is atheist.

Me included.

The only thing that surprises me is that LukeJr has time to sit around arguing on a Wiki talk page instead of actively developing Bitcoin.

Luke-Jr may be right. Why not? Litecoin is quite similar to Bitcoin and brings nearly nothing new.

BitCoin - Money
LiteCoin - Photocopied paper

Its unfortunate that someone so intelligent can be so... ah... Im searching for the right words here...ummmmmm....uhhh...... shortsighted.

+ ASIC resistance: --> so what? You lose to ASIC guys. No problem. You are out, someone in. Nothing bad.
+ faster confirmations: --> more network activity and bandwidth. Do you know that?
+ better security: --> how do you know it? Have you ever hacked or exploited a vulnerability of BitCoin? Are you kidding?

Yep, and if I would believe I would say I'm an atheist, who wants to spend eternity in the cold on a cloud up there when you can partying with the cool people in a nice warm place.  :P

That, and there's no such thing as ASIC resistance, sure it will be somewhat less efficient (more expensive and complex to build), but still very possible and profitable, if any of these alt-coins ever get the valuation that bitcoin has now, ASIC's will be developed just as with bitcoin, probably even faster because we've all been there.

an extremely good coder who happen to be a douchenozzle.

Agreed. I encourage people to mine LTC if it's profitable for them to do so, but it's sad that some people are actually investing in Litecoin. Litecoin and other near-exact Bitcoin clones have no chance of going anywhere, and it's a tragedy that people are spending time on them rather than Bitcoin or an altcoin that actually improves significantly on Bitcoin. There are so many interesting things that an altcoin could do, but people waste time on these tiny Bitcoin modifications...

From reading his ludicrous claims on the Wikipedia talk page, this guy apparently knows as much about how Wikipedia works as he does about Litecoin.  That is, SFA.


What a total douchenozzle.

They are simply different versions of the same concept of crypto-currency. Neither coin is "better", they are simply experiment with a different approach. You can't experiment if you're afraid of trying different things. Who knows what the results may be?

Also, some people have a warped sense of "free market" around here. It seems that free market is only good when you use Bitcoin. When (free) people decides to use Litecoin, now the concept of free market is bad and hurting Bitcoin? I think it's time for regulations to protect Bitcoin I suppose... ::)

The only people wasting their time around here are those attacking the work of others.

Do you know what "resistance" means? Try looking that up before you make yourself look like an idiot--again.

Luke-jr is one of the people controlling the Press Center and advocating against Matonis for being too "radical".

These people are making Press Relations decisions.

Wake up and smell the takeover. They (luke-jr, gmaxwell and jgarzik) think they are much much more than developers, they lord over bitcoin.org and make PR decisions now.

Clueless and dangerous

I personally don't care much for Litecoin, and probably won't have much if anything to do with it.  I think it might have a future, but I wouldn't be surprised to see it go belly-up either.  If any of the altcoins has any legitimacy, though, it is Litecoin, maybe Namecoin, maybe one or two others that have some purpose for exhisting.

I am a lot more suspicious of the proliferation of bullshit me-too-coins (BBQcoin I'm looking at you) that basically have no purpose or reason for existence.

That's a lot different than them being a scam.  Luke-Jr has no evidence whatsoever that Litecoin is actually a scam and is basically libeling anyone who participates in it.  Based on nothing.  At least if I say Luke-Jr is a scammer, I have plenty of evidence in the betsofbitco.in thread where he blatantly helped them rig a bet to help them steal money.  So he has no business calling anyone else a scammer.

Really? Really?

You dont think Litecoin significantly improves upon Bitcoin, even though its a lot faster, easier to mine, and is orders of magnitude more secure?

OK fine, you can have your opinion, we are all entitled to one. But dont forget, a lot of the most ardent LTC adopters have been BTC supporters for years and are happy to support a new currency while they continue to support Bitcoin.

The worst argument against LTC is that by somehow supporting both currencies, you are somehow detracting from Bitcoin. Thats patently ridiculous. Its like saying, because you like Vanilla, you are Anti-Chocolate. You know what kind of ice cream I like? A Neapolitan - its a blend of vanilla, chocolate, and strawberry. I hold stock from Apple, Microsoft, and Google.

Right now, in my view, there is no real Strawberry in the cryptocurrency world, but its pretty damn clear what Chocolate and Vanilla are. When a lightspeed Taco flavored currency is released onto the market, I will be the first to support it. But Im not interested in pyramid schemes, scams, pump-n-dumps, or flavors of the week - and Im sure many of you know what coins Im referring to.

Litecoin has no chance of going anywhere? O rly? RLY? Then how do you explain how Ive made more mining and investing in LTC than most working stiffs make in a year? Im investing in the infrastructure and starting a business that accepts Litecoins. Im trading them for fiat which Im spending at local businesses while I explain to them the benefits of cryptocurrency and why they should accept BTC and LTC.

Dont be be bitter than you wrote off Litecoin as some second class citizen. Its easily earned its place as the silver to Bitcoins gold. If you cant see that reality yourself, you have your eyes wide shut.

+1

he's really just making a fool of himself -

I read the section where he/she claimed that Scrypt is actually more prone to specific devices such as FPGA or ASIC, then when ask for an explanation/reference he asked for a reference as to why Scrypt was a feature? ?

and offered no further information ?

Although no professional but from what i have learned about the Salsa core function - the speed/cost $/# multiple is maybe 6X (maybe) even with an ASIC -

But then that would rely on getting the Memory on the board - and the latest memory.

The latest GPU cards (HD7970 etc) have DDR5 cutting edge transfer rates - and that is certainly part of the key to Scrypt Slasa function # speed on these GPU's

- so he probably should have tried to break that argument down in some way - but instead he essentially said - " I have no credibility " -

re-posted.

I hope someone does and soon , it will be a further part of the evolution .

but I think trying to pack DDR5 RAM on an ASIC board will hold people up for a little while $/# wise.

I hear they're prescribing tinfoil for that a lot these days.

I've been looking into gold foil myself...

Luke-Jr has a right to his opinions. He must genuinely believe what he says, because in fact, if he was just doing it for the profit, he would be encouraging people to move to litecoin - right now around 25-30% of the BTC mining population are GPU people, so the more of those that move to LTC mining, the lower the BTC difficulty gets and the more BTC he mines on his BFL Jalapeno.

I feel somewhat wary when expressing any opinion on the bitcointalk forums because I know it will be ripped to shreds by the voracious masses, nevertheless - my personal opinion is that the improvements in security and speed of confirmation is not enough benefit to outweigh the fact that litecoin's main weakness is that it is a lot easier to mine from a botnet, thus meaning that cryptocurrencies as a whole will get a load of negative press when the anti-malware industry starts blogging about litecoin bots (and there will be a TON of them).  Satoshi always said that he thought the future of bitcoin would be that it would move from most mining nodes being powerful 'farms' (I could probably find


Another overarching issue I have with litecoin (and in fact all alt-coins) is that I can't help but think they are created by people who feel that they 'missed the boat' on bitcoin.  I see the real benefits of bitcoin coming along when all the coins have been mined and it's used as a payment system - mining is such a small part of bitcoin, it happened to be the way that satoshi decided to distribute the coins (c.f. the way opencoin decided to distribute XRP, which is probably less fair, but they had to come up with something since they didn't want to support it through mining) and I think it's a very fair/inventive way of doing it.

On the subject of alt-coins, I think ppcoin/novacoin (depending on your view on the whole botnet issue) has some really interesting ideas with the proof of stake rather than proof of work - I'll put my line in the sand here in this post by saying it probably has the most potential (other than BTC - which will be successful due to adoption and Ripple - which will be successful due to the money/VC behind it) to be successful in the long term.

Anyway, now I'm rambling.  But my point is that you should respect Luke's opinions just as much as everyone else's - how about trying to come up with arguments why you disagree with him rather than ad hominem attacks.

Will (always regrets posting on this forum)

Couldn't agree more. You said the truth

In the real world, guys who want to get rich fast can make and distribute counterfeit money
In network connected world, guys who want to get rich fast can copy BitCoin without adding any real value to it and start mining

That's why I really respect the guy who creates PPCoin.

this plus 1 so much.

People who are only BTC and hate all other crypto coins are just BTC fan boy. They are only in it for the name brand, not the ideas behind it.

Luke Jr and Theymos will soon be calling for regulations on what crypto coin can be traded? Will they go to the govt and try to stop Mt. Gox from listing LTC as they have publicly said they would do? Wil they ask the govt to use violence to stop the free market and protect BTC's failing market share?

Man these guys are so but hurt it is not even funny.  

Free market for the win! Cryto coins for the win!

Don't be a hater guys, if you truly understand the ideas behind crypto coins you will not try to attack them.



Edit: I hope this never happens but if BTC breaks or has a hard fork and we all are forced to use LTC I will lol so hard at people like theymos. At least Luke-Jr has held LTCs for almost a year.

https://bitcointalk.org/index.php?topic=192401.0


that's all i want to say.

Sir, since I maintain the most used software that mines both, I strongly beg to differ on that point.

They all hate it because all the man hour is put into bitcoin, other coins just fork, adjust some params, or change a few algorithms, and compete with the original.

Maybe bitcoin needs a new license to prevent the clone from taking benefit from it.

Restrictive licensing? That'll improve adoption.

Hypocritical of Luke-Jr hey :) Complaining about a clone ...

Though I do wonder about the thread title "quick"
It's been around for quite a while.
But Luke-Jr does have his own definition of words given to him directly by a priest or maybe even the pope ...

Perhaps compare the speed to that of the Catholic church accepting new ideas.

That's the most retarded shit I've ever read. There's reasons why Bitcoin is open source.


He's stuck in 2011.


Indeed.

I'll just leave this here.

All I know is I see a lot of butthurt from very big names in the Bitcoin community.

Saving your words for after LTC hits Gox.  You do know it is going to Gox right?  

I believe this is where we are:

"First they ignore you, then they laugh at you, then they fight you, then you win."

We are about to move to win folks.  Cheers.

I've made a poll on the speculation sub for the LTC/BTC exchange rate on Gox.

https://bitcointalk.org/index.php?topic=192568.0

Please vote!

Cheers

+1 to that! 

Litecoin is a scheme to water down the value of Bitcoin by producing a 400million coins and then taking away the miners. Litecoin is an inferior coin because theres over 400 million.

Litecoin converges to a total of 84 million coins.  Maybe you're thinking of NVC/PPC, where coin generation is fairly random because it's based on network hash rate.

Wow! Talk about another uniformed person commenting on Litecoin!  Go figure!  Next you'll tell us LTC is a pump and dump because the bitcoin wiki says so!

LOL @ idiots.

The wiki only says that because Puke-Jr immediately reverts any change to his lies.

No word from Luke himself still, probably too busy reading his bible so he can misinterpret it as "alt coins are a threat to my wealth" :)

He might think the same thing about BTC to be honest. Just pump and dump.

Luke has at least worked on and helped improve LTC, he also holds LTC.

Theymos on the other hand lol! Sometimes it is better not to speak at all.  ;)

 Luke-jr is also the guy who maintain the bitcoin gentoo ebuild, and cgminer is the best miner I found ( and I use it for mining LTC ).

 I dont agree with him concerning litecoin, but I think we should all respect him for all his good work. Litecoin user or not we all need bitcoin, and luke is a useful guy in the community.

 Everyone is allowed to have an opinion in this community ! Lets all try to stay civil !

Er, cgminer is done by ckolivas.  Luke-jr is responsible for BFGMiner.  BFGMiner is a fork of cgminer, but Luke-jr is now trying to claim that cgminer has forked BFGMiner for trolling reasons.  I'm not even making that up, go check out his post about it: https://bitcointalk.org/index.php?topic=168174.msg1758702#msg1758702 (https://bitcointalk.org/index.php?topic=168174.msg1758702#msg1758702)

Luke jr is an asshole!

Vandalizing Wikipedia with libelous statements about other people isn't "civil."

That someone has done one or more good things does not give them some kind of magical immunity for all future despicable actions.

You make far too much sense for this forum. Watch out, I see the pitchforks heading your way.

This is the one where he himself said it was a fork when he did the fork ... and changed the donation address from ckolivas to himself ...
https://github.com/luke-jr/bfgminer/commit/b9df56511c7bd1a2e1f075e9c184c1a4b0f1ba20

He also recently moved his name to the top of the AUTHORS file ... lulz
https://github.com/luke-jr/bfgminer/commit/4be5066f373aadceae425c3ac45f01bd7cf3fce8
The most amusing part about that is how much code he still copies from cgminer for his releases.

The litecoin C code in cgminer was written by ckolivas and copied to the clone.

Go to http://LukeJr.com and/or http://Luke-Jr.com

fuck him

i loled.

after all he does hold 1337 ltc :)