Bitcoin Forum

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Just wondering, if BTCX really were a girl, you think she'd be pretty?  :)

It's not altchains without the drama.

Old proverb... when the elephants start to get frisky, the ants get the fuck out of Denver. Looks like anywhere but downtown LTCville is the place to be for the next several days. I expect a nice refreshing drop in the difficulty level once this has all sorted itself, and the pools will gulp down the resultant flood of hashes on the new thread.

The more things change the more they stay the same... now Rapist is the sock-puppet of choice to attack BTCX (although I remember when she was just our darling little BCX, without the pesky "T"). And yes, obviously she is pretty... if you know anything at all about California Girls, well, if you don't know your ignorance shall be your bliss.

I'd do Cameron Diaz.

You would have to be nerve dead from the neck down, or seriously hot for Tom Cruise to not do her. Of course, the day Cameron throws a pity bop horizontale to a broke down grumpy old bastard like me it will probably signal the end times on December 21.

Definitely a girl. Good looking too I guess.

Id eat her sandwiches any day.

 :)

There are no girls on the internet.

 ;D ;D ;D

Couldn't this be easily stopped if there was a limit on the difference between two blockchain heights was put into effect? because as far as I know the litecoin client currently accepts the longest chain as the most valid one. So this would prevent something I would call "chain hopping" on the client.

The only way to stop it is to do what solidcoin  did and have "tyrant nodes" where they need to sign the blocks to be valid but unfortunately that is a centralised solution.  :)

quick question: why ?

It will be ironic if litecoin gets taken down and solidcoin is still going.

 ;D ;D ;D

Is that mean SolidCoin is not really as bad as people said ?

A Cameron Diaz pity lay is my hedge against the Mayan Apocalypse. I'll come out ahead either way.

How is none of this illegal  ???

You need to trust the lead developer which defeats the purpose of cryptocurrency in the first place.

I assume the partyvan havent been notified yet  :)

Because you "plan" to have more than 50% of the network. But this would stop the current miners from moving to your chain, would it not?

I'll fucking do it. People here are too lazy and are shitting in their pants.

But there's no way any alternative cryptocurrency can repel 54% attack

coblee will set a check point.  if the chain gets forked, it can be rolled back to that check point and we'll lose three or four days of ltc history i guess.

Yes. It's quite simple.

Find this line in your code

bool static Reorganize(CTxDB& txdb, CBlockIndex* pindexNew)

and change it into this

// bool static Reorganize(CTxDB& txdb, CBlockIndex* pindexNew)

That was somewhat what I had in mind.


I think trusting the developer isn't that of an issue. You all doing that every day by not reading the whole sourcecode and every commit the whole time.

They need to be merge mined with bitcoin which i dont think you can do with litecoin.

Namecoin at least has the usefulness of domain name registration.

It will be ironic if litecoin gets destroyed that solidcoin will still be going.

Perhaps an open source version of the 51% protection mechanism from sc might work but I doubt it.

BCX once threatened to take down sc but has failed at that threat which I bet really pisses them off.

What if someone make another alt-crypt algorithm that run very poorly on Tesla card ?
Will this prevent that 54% attack ?

BCX didn't expect the hive.

The hive expected BCX.

Been building for a while now.

Time to drop anchor and board her ship.

Simple logic. There is no law against making statements through pseudonyms on message boards about applying computing power in an asymmetrical manner to the solution of SHA-256 encryption. Saying that one is going to do an act is different than the actual doing of the act. And in this case even the act itself, while a nuisance and an affront to our sensibilities, is not per se "illegal". So the 13 or 14 active market makers on a couple of minor exchanges will be inconvenienced for a few days, and will not be able to play out their dreams of financial glory until the weekend? How is this even worth talking about?

Isn't he DDoS'ing things too?

Yes the litecoin pools. I expect BCX is paying btherders in russia or something.

You tell us... is SHE DDoS'ing? Can you provide evidence that IP's controlled by this specific person that you are accusing are committing these attacks?

bit hard when she claims the attack will start FRIDAY to prove proof of anything before then.

oh actually she told someone she was
https://bitcointalk.org/index.php?topic=95126.0
:)

Already bought the popcorn, so let me see if I understand.

you are starting the new chain at noon gmt and you are going to release the new chain on friday? So there is nothing to see untill friday?

You need the hashpower only on friday because you can mine the new chain with very low diff? Or  you need to mine the chain at same high diff because the client is rejecting a longer chain with lower diff?

I saw that you have a reputation in this forum, so if you fail, you will be in almost at the same level as Coinhunter for his scamcoin and (Artforz + Coblee) for the "litle missunderstanding" saying that litecoin cannot be mined with GPU.

You must be very confident about that 51% atack, since you are risking your +1600 post reputation.

If you fail LTC will be the queen, same technology fatster transaction times.

One more thing if you do not mind, you alert de LTC devs to put a "curren lock" so if they implement it they make you fail? So why are you warning them to make you fail? And if they cannot stop you why bother implementing the lock or warning them?

I think there are a lot of people like me wandering about this.

My email do not support or condem you. Just a courious guy on the internet wandering what is happening and a interested investor wandering if someone can really do this and if bitcoin is at the same risk.

Best Regards,
Max

Dude, do you like being a cunt?

Wow, you're some big guy aren't you, with all your GPUs and botnets and EC2 instances?  Faggot bitch. 

you're forking crazy.

Suddenly next week comes and some internet hacker just made a fucking fortune by trolling Litecoin exchanges into dropping rates and selling when everyone realized everything was okay.

Man, everyone's freaking out about this, but an attack like this was bound to happen sooner or later. BCX may be an asshole, sure, but it's better for this to happen in the open rather than having it just suddenly be sprung out of nowhere to kill the chain.

Hell, even the fact that this attack is being publicly pre-announced should be enough to tip most of you off that this may not be nearly as big a threat as people are making it out to be.

And out of curiosity, what laws will BCX have broken by doing something like this?

Why don't you post under your real username? Mr.< 50 posts.

LOL

Well, go for it.  But fork it knowing that this is helping me pay rent.  Go ahead.  Do it cause you can.  

Yep.

I would like to wish you good luck too. ;D

*grins* :D

Because I've only recently started actually doing anything more in the bitcoin community than mining and hoarding coins. It's flattering that you assume I'm someone more experienced, though!

Nice. Slander homosexuals and women at the same time. Classy stuff.

Enjoy miss BCX but I hope for you youll can find then a pool BTC to mine if they are all down as a LTC lover decide to do some shit too ;) want a war let see :)

Lets hope BCX doesnt get ASIC's before anyone else or she will do this to bitcoin too.  :)

Instead of whining here, ask your favorite BTC pools to dedicate some mining power to keep this loser BCX at bay.
And if you know anyone in large data centers, ask them to check for unusual activity. Lets find this shit bird and and take him down for good.
Idiots like BCX belong behind the bars with other idiots. Enjoy your rectal exams, BCX.
 

BTC mining is fundamentally different from LTC mining.

lol.

FYI p2pool is reporting 12MH atm. The chart is wrong.

Lots of solo miners. And you would be stupid to mine on the main chain gonna increase your own difficulty as well :)

 :)  ::)  ;D

Blah blah blah...... and I'm gonna fuck a Super Model

Just get it over with already. I am so fucking tired of this threat, that I am about to fucking SHOOT MYSELF....WAS THAT YOUR PLAN ? To get ME to shoot myself ?

I'll tell you what - there's a better chance of THAT, than you taking over Litecoin, now get back to your retarded kid, disability, or whatever it was that Coinhumper dug up on you way back when he DOX'd you, that got under your skin initially, to make you such a Public Forum Douche Nozzle.

Yup. Looking at a bunch of SOLO MINERS (myself included)......what's your fucking point, RETARD ?

Have you forgotten how a 51% attack works, or are you just trying to make some LTC holders panic?

You have me looking at a Network Hash Rate Distro Chart and seem to be trying to WORRY users, by silently taking claim of the current UNKNOWN 61% of the Network ?

You don't stand a chance. Sorry....and NONE of that hash power is you.

With the power of Jesus and Doosh-jr's cock inside of you from behind, you still couldn't pull it off, regardless of the 'donations' that you were 'accepting'...LMAO

Is everyone BEHIND YOU for this ? are they really ?....IN BEHIND YOU ?

What bothers me most about you, all politics aside, is the fact that I don't think you would even have the common courtesy to offer any of them a reach-around when all was said and done.

In the Pool-X network chart are missing pools.
ltcmine.ru - currently at 41.58 Mhash
litecoincash.com - currently at 9.4 Mhash
A LOT of solominers also are reported in the "Unknown" area

The network hasrate 257 Mhash hasn't move from yesterday.

I don't get your point by showing chart with not much usefull data in it.

To try and fool people into thinking she already brought 61% of the sandwiches.

https://bitcointalk.org/index.php?topic=44149

Lets do the math here:

OZCOIN - 28.48 MH/s
litecoincash.com - 9.93 MH/s
Pool-X.eu - 7.85 MH/s
Ecki.Net - 0.8 MH/s
NuKing - 1.34 MH/s
Xurious - 5.56 MH/s
ltcmine.ru - 44.46 MH/s
Coinotron - 44.67 MH/s
burnside - no info
P2P pool - no info

total: ~ 144 MH/s in pools from ~250 MH/s Network

That leaves about 106 MH/s Unknown.

If there is no one solomining, then it is BCX attacking the LTC, but still no near to 51%...  8)

It seems like most you don't even understand how she is going to attack.  51% here, 51% there.
When the pools go down, the story will change.
Looking forward to it.

Yes the second chain wont touch the network so the hashing power wont be shown.

I don't understand other humans^^

Its a demonstration of nothing.

I say BTCEX is fakin'

Just sayin'

While I applaud the effort in crafting a good attack post... I would like to point out the awkward physical impossibility of the receiver in this description providing a "reach-around"! The reach-around is best served up by the driver at the rear, availing themselves of the unused cock left unserviced while the penetration is happening.

...or they might just appreciate a finger in the ass ?

BCX,I'm curious to know what do you hope to achieve by doing this 51% attack against LTC? To encourage the dev to improve security? Or for other reasons? Can users still mine like before on this 'new' chain of yours? or will the landscape change completely?

Nothing changes except all transactions that occurred between the point his attack chain started and when his longer chain is released to the network may be reversed/altered/double spent. From then on the new chain will be mined on by everyone as normal.

Some fat fugly got called on by someone else for having an abortion.  Everyone gets riled, a lot of people seem in on it, and suddenly prices drop and go up consistently making people earn modest profits for destroying confidence and months of peoples' work.

It doesn't make sense to give a warning.
The details have changed several times just in this forum.
Litecoin is doing very well/healthy in network speed.  It would be costly/difficult.
DDoS'ing websites is illegal.  Why risk legal trouble over forum disputes?

Non of this makes sense unless you think, how could I make money on a Litecoin market that previously only went up and down by .0001 daily?  Hope you idiots enjoy the few hundred dollars you might get out of this.  If you would have put that effort towards promoting Litecoin, your shares might have gotten more value that way.  

Wow, the price has been going up since BCX made this announcement.  Talk about falling flat on your face.  

I bet someone could really make some good cash selling tin foil hats for Litecoins right about now...

But in all seriousness, just don't move any litecoins around for a few days and this whole thing should hardly effect you if it does happen.

Really?  Is sc still going?

Smart advice Vorksholk :)
I'll keep hold of my LTC then so this won't really affect me.

That makes sense. If you think BCX will succeed and are immoral, then the way to profit at the exchange's expense is transfer a lot of LTC in to an exchange and sell them for BTC during the fork.

If the attack is successful then the LTC deposit is rolled back and you can sell them again. Assuming there is somebody still willing to buy them.

In any case, lots of buying before the attack then lots of selling while the fork is being created is the pattern I would expect to see. Of course, that is the same pattern as a plain pump-and-dump scheme...

I can't imagine that BTC-E isn't already thinking hard about this question right now. I'm sure they aren't willing to leave themselves holding imaginary coins.

This guy is a schmuck and anyone who takes his threats without proof seriously can join him under that banner.

He can DoS some sites? Big deal. That promotes him from anonymous coward to script kiddie.

People need to calm down, solo mine or join a private pool to keep the LTC network healthy.

That being said, for those who are worried still, I'm selling DoS Proof 51% Preventer Tin-Foil Hats for 100LTC. PM me if interested. ;)

Real question is, why hasn't the exchange halted trading then if they stand to lose?

They still might.

They'll lose only if someone transfers LTC to/from exchange's account. Trading inside an exchange is safe.

Well... relatively safe...

Funds deposited into the exchange during the forking period, may become invalid, so the exchange ends up with more LTC trading in the system, than it took in through deposits, post-fork.

Since we're talking a 3-day period that is being attempted, and the fact LTC's value is still so low, they may not think of that as a big enough deal to audit it, and just balance it out themselves with their own funds.

My opinion if I was in their position... .. .

-- Smoov

ps: need a failover? feel free to add my public node, below. I've set the fee to 0% for the time being. There are a few other public LTC p2pools, can be found on the p2pmine (http://nodes.p2pmine.com/) list and the P2pool Server List (https://bitcointalk.org/index.php?topic=66182.0) thread.

use your LTC address that you want coins generated to, as your username... password can be anything.

I'm surprised why the Admins even let BitcoinEXpress post here. They should ban his account indefinitely. On a side note, there are numerous people that have either invested money via electricity and depreciating hardware costs or people that have purchased Litecoins on the market. Why would you impose any hardship on these people? Any money that people have invested believed that they could have a decent return. You are essentially stealing from them and there families in hopes of what; making your future brighter. At what time does your moral code/compass or ethics tell you what your doing is wrong?

I for one think he's just trying to instill panic. Stand firm Guys

Just because people are putting money in does not mean it is worthwhile. Lots of people had invested money in Bernie Madoff for instance.
Litecoin stands or falls on its design, not on what people wish it could be.
Would you keep your money in a bank that left it lying on the floor, depending only on internet forum posts to deter thieves from taking it? Of course not.

It looks like the value of Litecoin has outstripped it's hash-rates ability to defend the block chain. The proper response for people who have invested in Litecoin is to engage more hash power to defend their value store or sell their Litecoin to reduce it's value. Either action make it less attractive to attack the block chain.

+1

...and all those delusional bcx sock puppets, please see a specialist and take your pathetic master with you!

FYI every the LTC network does 0.238 GH that's x1100 about 260 GH in the Bitcoin world. If you look back what BTC was worth when hashing power was at that value LTC is safer than BTC was back then.
According to this calculation (which may be off because LTC mining performs different on Tesla GPUs which are used for the attack) BTC would only need 53x more funds to be attacked this way, right now.

using a rough estimate, let's say all hardware for mining bitcoin costs about $10 million today.  so to 51% attack, it would require investment of $10 million (using today's technology, well actually much less as pools can be ddos'd to require a lesser amount of equipment) -- an amount beyond the range a sole actor would likely have access to.  a bigger factor, is that the amount of equipment needed (again, using technology that is readily available today) couldn't be acquired without there being knowledge that this is happening, well in advance.

even if there wasn't the benefit to the attacker where the pools get ddos'd, the hardware for reaching 51% on litecoin could be obtained  with a little over a $100k investment.  that's within the reach of a single individual, and that amount of hardware is readily available.  because litecoin can mined using temporary resources purchased as-needed from the cloud, the actual cost is much, much less.

this doesn't mean bitcoin is invulnerable.  an asic developer willing to piss away the investment could do a 51% attack.   fpgas are available in sufficient quantity
to do a 51% against bitcoin.  the market is saying because there isn't an economic incentive to do so (no chance to profit by double spending after reaching 51%) , the risk of this occurring can be discounted.

this alleged attack against litecoin isn't being done for economic benefit.  the value of all litecoins at the current market exchange rate totals under $50k, $400k so there's not much incentive to do an attack with the intent to double spend.   and it wouldn't be announced in advance if double spending with the intent to defraud was the reason for the attack.

bitcoin got a free pass simply because it was the first.  there is the desire by people that would like to see bitcoin go down, but there's not millions of dollars worth of this desire.  litecoin isn't as fortunate.

koin you are out by a factor of 10 its about 400k ltc market cap

You need to look at how many BTC were in existence and multiply that by how much they were each worth and then determine hashes defending per dollar of cryptocurrency. That is the true cumulative worth of the block chain (from an attacker's point of view). Also, BTC had the advantage of being the first. The only people who put any store in it's value were people who believed in it. Now that BTC has paved that road, other cryptocurrencies cannot rely on being under the "hackers radar" when they launch. They either need additional protections to defend against a 51% attack early in their lifecycle, or they need to have very little value to discourage people from attacking the chain until there is enough hash power & resources to defend it.

Your comparison of hash strength of the two chains is also off since it has been shown that GPUs performance on LTC mining is not well bounded.

No matter the outcome, the proponents of Litecoin need to be prepared to spend money to put hashes behind their blockchain. Otherwise, it is vulnerable to bad actors and thus not a proper value store.

if that capacity is working on a fork of the blockchain, shouldn't that capacity have dropped out by now?  the start time on the fork was hours ago.

The estimations in a previous posts for the costs are something like 1200x2.2$/hour which makes this x24x3=190,080$ which corresponds with your post. It is said that BTC will be used to finance it, that's 22k BTC atm, looking at the markets I haven't noticed any sale like that.

As long as this doesn't happen I don't think we ought to take the threat as serious as it is made out to be.

^-- this x 1000

this threat is nothing more than paranoia. all he's been able to prove is that he has (or his other script kiddie friends) have access to some bandwidth to throw a couple DoS's.

the amount of fear and misinformation being circulated is staggering.

http://fiorentina.theoffside.com/files/2012/04/Keep-Calm-and-Carry-On.jpg

Is the BitcoinEXpress woman? Ябывдyл!

YOU MUST BE AN UGLY BITCH... YOUR MOMMA MUST BE SHAMED

:o :o :o

isn't this the same thing coinhunter was ranting about a few months ago?  iunno i just remember a bunch of FUDand litecoin x links.

History repeats itself.....

Also known as DDOSing the pools in order to make everyone's miners fallback to solo mining so that you can claim a large portion of the newly increased unknown portion of the network? Yeah... no.

Hahahahahaha

https://bitcointalk.org/index.php?topic=47417.msg1055265#msg1055265

What would happen if BCX didn't let us know about the attack?

PS: Will this change in the code help us against an announced attack?

Nope. If BCX indeed forked the chain hours ago, this checkpoint would cause his fork to not be accepted by the people that have upgraded.

The normal defense for a 51% attack is just having more hashpower than the attacker. I do not think BCX can match the current network hashpower, but to play it safe, I'm adding a checkpoint.

What will happen if the 74.3% at http://pool-x.eu/net will not have this upgrade?
Will it infact make the 51% attack easier?

If some people have upgraded and some have not and BCX releases his fork, we will effectively have a forked network. For those that are on the BCX fork that want to switch to my fork, they can delete their block chain and download and run the new client.

If this happens, I will make a post about what to do.

How interesting though. A forked chain, any chance two chains could co-exist down the road? Could some people just stay on one, and have a separate Lite economy?

You can probably stay on a separate chain. Nodes on the other chain will start banning you because you keep sending them invalid transactions. So you will eventually only be talking to nodes on your chain. But if the pools and exchanges are on the other chain, you may not be able to do much with your coins.

A forked chain by BCX is same like solidcoin chain which cant be seen by original litecoin client.
Their will be original chain & forked chain both running, the new client by coblee will take the original chain & those who running old client will take bcx chain.
After everyone upgrades to new client, bcx chain will become dead, unless some one keeps on running old client.

You can keep on running forked chain forever, but whatever coins it makes or transaction it does wont be accepted by original chain.

I hope i am saying correctly.

Then I guess the question is, if the damage that comes from a successful 51% is mitigated, does BitcoinEXpress have any motivation to continue trying to attack? Of course his initial purpose was to prove he had the power, but does this not significantly detract from the point of continuing at all? Besides a hit to his reputation, seems like a waste of time at this point. If you have all that mining power on-hand, you might as well just hope on the chain and at least through the difficulty through the roof and publish your hash rate, so at least you prove you had the power.

BitcoinEXpress only wants bitcoin to exist.
No other alternative coin to bitcoin.

Same like Microsoft want to be monopoly & kill Linux.
but here bitcoin in not centralized or run by one person.

+1

If any of you actually know this loser personally, please be a good human being and take him/her to see a specialist. (s)He needs your help now!

I'm not sure how well that attack would actually work. As soon as the 51% fork hits the network, the existing miners will immediately start trying to reinsert any non-conflicting transactions it rolled back. You'd basically need the co-operation of the 51% attacker in some form or another to make sure that your transactions conflicted and couldn't be re-introduced.

New binaries released:

Windows (zip): https://github.com/downloads/litecoin-project/litecoin/litecoin-0.6.3c-win32.zip
Windows (exe): https://github.com/downloads/litecoin-project/litecoin/litecoin-0.6.3c-win32-setup.exe
Linux (tgz, 32/64-bit): https://github.com/downloads/litecoin-project/litecoin/litecoin-0.6.3c-linux.tar.gz
Mac OS X: https://github.com/downloads/litecoin-project/litecoin/litecoin-0.6.3c-macosx.dmg

It depends on your perspective.

From an accounting perspective this is very true. All the information still exists in the Blockchain, in the orphaned blocks, to accurately reconstruct the attack. The problem is that account (address) credits will be less than their debits.

This transaction condition is enforced by the Bitcoin Client as "not valid." You must always have tx inputs larger than tx outputs.

However from a pure accounting perspective, the account would show a negative balance. This happens a lot in the real world, and there are established ways to deal with it.

This is why I consider the attack to not be a "rewind" attack because it does not destroy the information, it only suppresses it because of the way the Bitcoin client is written.

Thank you for weighing in Gavin.

Is BlowHardEXpress going to ever shit  ? ...... or does someone need to throw it's ass off the pot once and for all ?

700 Amazon EC2s - You go Girl/Guy/Hermy !

Can we see more statement like that more ?
Gavin's statement make litecoin drop to 0.005 yesterday.
Price is too fucking high now, I need more cheap coins.

Fake statement is fine too, a staff can come in and confirm that he's been invited to see the Amazon book in progress  ;)

I still think the price is too high now at 0.006btc.

No services...no merchants...pure speculation.

I love the fun of speculation. I just refuse to buy at these prices.

Made my profit for now.

Have at it guys! ;D

Explain the logic underlying that conclusion.  Is that why there was lots of warning to the forum about the 51% attack?  Is that why all this effort was made which in the end will strengthen litecoin? 

As an enthusiast of block chain currencies I say thank you to BitcoinEXpress.  The more attacks, especially made in such a benevolant manner, the better off we become at resisting attacks and understanding the strengths and weaknesses of the network.  Keep up the good work! 

 

I think the following posts answers your question.





You can search & find more.

Well, pointing out vulnerabilities makes a system stronger, right? 

I'd much rather any critical vulnerabilities emerged sooner rather than later.  The only way to really gain confidence in the system is to have people attack it, thus demonstrating resilience.  This is also an important role for alt coins to play in my opinion,  after all scaling up the attack by whatever factor and you have the same thing on the BTC network.     

So far the output of this drama:

1) some more work by dev to create a new version
2) a lot of people talking about dangers of 51% attacks and pool DDOS attacks and alerting miners to options
3) slightly higher prices for ltc

Here's another question for you:  when somebody with 1000 times the resources does this to bitcoin and doesn't pre-announce intentions, what is going to happen? 

Already US & other powerful countries have resources to bring down Bitcoin.

The point i said is about BitcoinEXpress & the way he/she does.

BitcoinEXpress never want to attack Bitcoin.
And he always attacks other coins.
He/she is the one said coinhunter or realsolid scammer.... & never accepted LTC can mine by GPU's.
& now he/she is using the same GPU's & other resources to attack Litecoin.
I already asked to attack Bitcoin also, so all the world see it & decide the future of Bitcoin.

Why BitcoinEXpress don't want to attack Bitcoin?

Every time in the past when ever Deepbit pool get more than 51% network hashes, many start asking or telling deepbit to block some users or reduce hash power....

Why not let Deepbit to attack & we all see what results we get?
So we all will know the weakness of Bitcoin.
Why not test it?
Don't say we don't have resources.
If all the major pools combine, they will bring down Bitcoin.
Actually we all trusting Bitcoin, coz the bigger pools say what the block chain they solving is the real one.

Riddle me this kids:

What if BCX actually wanted to bring about an INCREASE in the value of ltc? By making threats, she has caused a huge upswing in attention, the market has now gone up, hundreds more are flocking to the exchanges to get a piece of the action. Wonder if perhaps she hasn't been selling into the hysteria?

This is entirely possible. The other thought of mine was that she scares all the kiddies into panicking, to then, herself, buy at a lower price. When the attack was announced, there was almost an immediate halving of the price on BTC-e, about 200k in volume selling.

Most of the exchanges stopped deposits & withdrawals.
So, no one can buy or sell, unless they already filled LTC in their account in exchanges.
They can only speculate with the coins they have in their account.

Actually, BTC-e stopped deposits for about 24 hours. Then Coblee added the checkpoint to the client, and apparently told them it was safe to allow deposits again (Possibly a bit premature if you ask me), so they are open once again, and the (possible) fork has yet to be merged to the existing chain.

I'm sure most of you have seen this, but for those who may have missed it:
https://bitcointalk.org/index.php?topic=95832.0

Here is the icing on the cake....
https://bitcointalk.org/index.php?topic=95927.msg1057781#msg1057781

Haha, I love that! "I'm not trying to kill LTC"
                         "but, when I'm done, LTC will be dead!"

You know? She said in the shout box over there at BTC-e, that she wasn't going to double spend on their exchange. Then they open deposits back up, and she even said "this exchange is going to be in a double spend nightmare" due to people (other than her) depositing coins that may/may not end up invalidated once the fork is merged. BTC-e opened themselves up to this now, and many of the guys over there can't wrap their tiny minds around how this works. I, for one, won't be buying LTC until there is confirmation, one way or the other. Those who buy now, will lose their BTC or USD, and some or all of the LTC they are buying. Anything sent to the exchange in the last 3 days will be reverted (if the fork does in fact get merged)

hmm.. you forgot about our new miner application  :D
Don't worry, all those miners automatically switch over as you insist.  ;)

What's not in what code.. ? ???

It all sounds so sinister!  Even if this does happen, I'm still investing in LTC.  Don't care.  I just want this over with.  Jeez...

Edit: BTW, I can't believe you aren't on chat.  You love this attention and you know it. https://btc-e.com/profile/765

BCX still haven't heard from you: https://bitcointalk.org/index.php?topic=95948.0

You should tell that to 66% of bitcoin node ;)
https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures

I have been trying to explain the seriousness of this attack to the boys on the shout box for three days now...They just don't get it, and they don't want to here it. I guess ignorance IS bliss.

Then BTC-e is just shooting themselves in the foot by allowing three days worth of mined coins to enter the market. There are going to be a LOT of pissed off people after this.

Though,I do believe that LTC will live on.

How is your phantom Fork coming along anyway ?

Are you still fighting the good fight, like the Soldier Girl that you sometimes pretend to be ?

Yeah okay.

price is already dropping  :-X

It's been holding steady for a little while.  There was an initial dump, nothing major, yet.

Spoken like a true "little girl".  :D

Well this is boring.  I actually thought I'd see something.  At least a pool ddosing.  Nothing!

I'm also bored...

Did I miss something ?

yeah i was thinking fireworks and thunder and bcx being all smug and gloating.  This attack fails imo.

Sums it up perfectly.

Nothing happened.  Not even one pool went down as far as I know.

I want my money back.

The attack is unnoticeable until the chains are merged! What is so hard to get about that?
The fork is being hashed offline. Once it is of sufficient length/difficulty, it will be merged by syncing with the nodes of the network. This is because the nodes accept the longest chain by default.

The ddosing of the pools would have to come first.  It has not.

That is the last step before merging the chains, just to make damn sure it merges without a hitch.
If she says it's coming, I wouldn't doubt it, even if only because of her past successes.

Already the hash rate gone up & the hash rate for unknown is less than 42%
That means no attack can be done now.

http://i46.tinypic.com/2a94l89.png

You are admitting that you are organising a denial of service attack on pools ? Im surprised you would admit this in a public forum as you say your identity is well known.

Wouldn't that assume, that his fork, was being built within the same group that graph detects?

Since he was doing it isolated, intending to merge it later, I don't see any reason why he'd show up on it.

The attack can still happen, we don't know how much hash power is working on the fork.

-- Smoov

edit: P2Pool is still incorrect. It should be showing between 10-12MH/s.

He needs more than 51% hashrate to merge & make it work.
He needs to Ddos all pools & bring their hashrate to low & make his hashrate higher than 50%
If he does that then we can all see the unknown hasrate going more than 51% , if no one is mining solo & only he is mining as unknown or more than 55%- 70% if many are mining solo & he also mining.

Else he needs to ADD his hashpower to network which makes total hashrate to increase, which also can be seen by us.
How much he needs to add?
~239 MH/s, if all the unknown is solo mining and not BitcoinEXpress
or less than 150 MH/s if the unknown is BitcoinEXpress & he is been solo mining for more than some 10 days without telling anyone.

We can all see it in total network hash rates & individual pools hash rate.

The attacker's hashrate wont show while they are building a fork.

LTC difficulty is low enough to solo mine it, therefore, it should be expected that one would NEED to exceed the full network speed for this attack to be a guaranteed success. So, maybe at some point, we should be looking for a doubling of total hashrate.

Yes, but it must show when he attacks & i think he already said he started attacking.

Well considering it's been two hours since they've last been active and they've had 3 days to prepare.  I'm about ready to call bullshit and go to bed.  This is fail.

Bolded timeline, I added the red (She said PST in another post).
This was posted almost 3 hours ago! Could start any time now!

I doubt you'll see it, until he has actually rejoined the network, and either the reorg has completed, or the reorg failed and we resume mining on whichever chain has won.

-- Smoov

first he need to join network, increase his hashrate, this can be done by ddosing pools or by adding his hashrate.
Whatever he needs to get his total hashpower more than 50%.
If he does this, we can see the network hashrate going weird.
Then he needs to add his forked blockchain & since he has 51%, the network will take his block chain as correct one, all will have his blockchain.
Then he needs to play with the network & do what he wants.

You don't need to see hir hashrate ever. Just hir "longest" (hardest work) chain.

-MarkM-

um, no, he'd have to get the hashpower down first, and THEN join the network.

All joining first, and then trying to get the hashpower down, will accomplish, is to begin the reorg before he is ready, and his chain is likely to fail at that point. Assuming he doesn't already have what would end up being 51% when he finally does rejoin. If he already has it, then he has no need to DDoS the pools to give it to him.

In either case, by the time we see that graph change significantly, the attack is under way at that point. Either from the reorg, or the pools going down (and no idea how responsive the graph is. since p2pool is so under-represented from what its actual rate is, I question its accuracy as well)

-- Smoov

Time at the next click is
10:03 AM
Saturday, July 28, 2012
Standard Time +0000 UTC

I think early Saturday is in between 4-8 am

Obviously BCX time is the same as Matthew N Wright time  :D

BCX claimed Pacific time, right now that would be 3:21 AM.