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Thank you!

Right, exactly. The value of LTC dropped as well. I think that right now people tend to consider them too similar to really treat them differently.

I think there is still enough enthusiasm and support for Bitcoin that it will continue to do well for quite a while yet. The price is back up to where it was a few weeks ago and seems to be holding steady, so I think the worst is over for now. Whether Bitcoin will last longterm is of course unknown to anybody, but I see no reason it won't keep chugging along in the short-term.

This is of course no sound or definite truth, but to me, it seems like the exchange rate between Litecoin and Bitcoin is pretty consistent regardless of the exchange rate to the dollar. For example, the exchange rate on BTC-e during the Bitcoin crash the past few days hardly changed. It was around 0.02 BTC per LTC before, and it's around 0.02 after. What did change is the USD per LTC, which dropped from $4.60 or so before to the $1.90-ish yesterday and now $2.50ish today since Bitcoin's value is increasing again.

I actually traded about 0.5 BTC for LTC right before the crash, thinking it might be a good way to end up with more Bitcoins, but I think that was not a successful choice after all. At least those Litecoins they didn't really lose a lot of value (in terms of Bitcoins).

I know a couple months ago, a Litecoin was worth something like 0.002 Bitcoins instead of 0.02 like now, so obviously it varies. But, overall it seems like Litecoin tends to match Bitcoin rather than compete with it, in terms of value anyway.

I just downloaded it (using Opera) and it opened just fine in Windows Explorer. Maybe try another browser or something? MediaFire can be weird sometimes.

I don't know much other than what I've managed to figure out, but I've been successfully mining Litecoins on and off at burnside's pool (what you linked to) for a while now.

I'm not sure if you can mine on that pool with the Litecoin client program, but I would recommend downloading ScryptMiner GUI: https://bitcointalk.org/index.php?topic=62414.0

At the mining pool site, go to your account settings page, and at the bottom there is a table titled Workers. You need to add one to start with (if you haven't already). Pick any name and password (really doesn't matter, and doesn't really need to be that secure) and click "Add Worker". Workers represent the computers you have mining. If you had a second computer you wanted to mine with as well, you would make a second worker.

In ScryptMiner GUI, set RPC Server to "ltc.kattare.com", Username and Password to whatever you put in for the worker, and leave Port as 9332.

You'll have to experiment with the Threads and Scantime settings. I don't really know what Scantime means, but for Threads, you want to have as many as you have CPU cores or less. I have a dual-core i3 (with hyper-threading, if I remember, so 4 virtual cores), and I'm using 3 threads and a scantime of 4. I get about 13 kh/s speed. Open Task Manager and watch your overall CPU usage when you start the miner. I'd recommend keeping it under 99%, at the very least. If you max it out, your computer won't really be usable for anything else while it's mining, and you might find it locking up or even blue screening. Play around with it and see if you can find a good balance.

I also recommend this program to monitor CPU temperatures and so forth: http://www.cpuid.com/softwares/hwmonitor.html For a desktop, your CPU temps should be around 60 degrees C or less. If you're going over that, you could damage your CPU over time. So, watch the temperatures as well when you try different settings with the miner.

Let me know if that helps.

Hi, everybody! I've been into Bitcoins since December and am having a blast. I'm mainly in it for the investment, but I do think it's a promising idea, and I hope it succeeds long-term.