And yet there are investment platforms like litecoininvest.com which do actually care about no scam policy, filtering out securities, chechking identities of security issuers and lots of more things, just to make sure that platform users would not be cheeted of their hard mined (our traded) coins.

(yes its a shamefull advertisement).
Neil of litecoininvest.com

because i know what keccak is and i know that you use different cgminer and i am not a noob. the cards perform at ~330Mhash each for keccack and about 620Khash for scrypt.
After switching back to my usual cgminer with my usual config where my cards get usual 620Khash per card i have 2 cards on each rig gpu1 and gpu3 underperforming drasticly. Plus I have quite fun connections established. Reboots and restores dont help, will need to reinstall.

Why people assume that whoever says anything is always idiot? I just put a fair warning of what happend to me. (No no extra downloads no nothing, everything was from single direct link on max.1gh.com)

Hi there everyone.
What I wanted to say now after battling this for 3 hours or remote on 3 of my rigs that I have put on Max mining with cgminer 3.6.6, that if you will want to switch back, he has your operating system and will take your hashes away.

Meaning: on each rig which was performing 620Khash at least per card on ltc mining, after I switched (and no I havent downloaded from some shady place, its original place) back to ltc mining at lest 2 of my cards report hashing of ~400 one and ~550 other. I could say that my cards are f... up if I wouldnt know how they were performing exactly 2 days ago, on all 3 rigs. And now on all 3 rigs its the same storry. I guess I will have to reinstall (not too lazy to search, not too bored, too busy to search deeper) to fight this cancer off.

So fair warning to all who tried to cgmine this coin: all you are mining after, he steal your hashes.. such hash, much power, so low, wow...

Thanks for thinking that we didn't consult with lawyers, but when we do business which we pour our heart and most important time into, we tend to cover all points. Yes, in Lithuania so far it is enough. And it will be enough till the point that EU will pass digital currency law and then within few years or so (based on last examples from the law) our country will adopt those in local laws.
Then we have 3 more options how to do it, one is registering as a financial institution, but we will postpone that as long as we can.

And yet still even after registering as financial institution we couldnt care less what 'Murica's fincen wants or puts any rulings. Lithuania has no tax bypass and no direct agreements with US so fincen can have all the fun they can, we took all preparations that we will benefit from any requests they will put in a big way.

Neil

Migrating ones are for free and new ones (taking a flat look at the explosion we have) we are capping on 0.3 for now (subject to change, when btc price moves up, this one moves down).

Neil

Its in the working schedule. Ant it will be done sooner then later.

Not with us, we have that covered. Our legals are very strong about it. Cannot say about other securities, especially based in UK.

Neil

Thus we have 3 more steps to follow to constantly keep us within legality. Our third point (when it comes to it) including registering us as a financial operation unit. That costs alot, as we will put it back for as far as we can (as you might understand we are fighthing for the market share and doing our best to provide everything to people who are doing business within our system), but when the final step will come (when necessary) it will be done.

The fact that we are operating on the current setup does not mean we are illegal, we are legal and when the system comes we have all the steps to go along.

Neil

For now it is, as we are operating legally. We are registred as a game creators and digital entertainers. We still have 3 steps to follow when our country laws will accept ltc/btc/cryptos as currency and will still operate as legal business. We are doing most for the security and double that for legal part.

Neil

Message taken, I totally forgot that we are announcing to the community that had no following to what we do.

Hi, my name is Narimantas 'Neil' Sakalys, I am CEO of JSC Sketis, which is working under Lithuanian (EU) laws.

More then half of year ago I opened mining security on the litecoinglobal which was bought out even before the IPO and we have been operating successfully since, clocking about 30% yearly increase.

After litecoinglobal declared its ending, I thought about my investors and found out the way for it. We have now a team of 5 (and one more comming within few days, to deal with marketing and PR) who instantly declared their dedication towards the community and declared our plans to open fully legal within our law jurisdiction LTC BTC and XPM investment platforms.

Since then we have opened LITECOININVEST.COM platform, which is operating over a month now and today (for my birthday) we have opened BTCINVE.COM platform for btc equivalent. On litecoininvest we have honored all securities who wanted to migrate from litecoinglobal, listing 7 securities migrated to this point, few more thinking and our own sketis.invest security which represents our security owning the exchanges.

To tell from the eyes of others
"Sketis represents the profits of Ethera's bitcoin, litecoin, and primecoin exchanges all wrapped up into one security. Ethera stated that 100% of the profit of these three exchanges is paid to Sketis stockholders in dividends. The Litecoininvest development team itself receives no salary. They own a majority stake in Sketis and their livelihood depends on the success of these exchanges, which is reflected in the value of Sketis Investment. Good luck with the project!"

As said, we are here for the community, with long term plans, dedicated team, huge list of to do, and most important, community to influence and shape the future of those exchanges.

We are welcoming all BTC securities from any platform to relist to our platform for free. Other platforms do bribe the securities to relist or promise of relist, we dont. We think that quality is above that.

Crypto is the future, lets build it together.

If you have any questions or remarks, please dont hesitate and tell us that!

Neil

Ladies and gentlemen,

Short introduction:
Hi, my name is Narimantas 'Neil' Sakalys, I am CEO of JSC Sketis, which is working under Lithuanian (EU) laws.

More then half of year ago I opened mining security on the litecoinglobal which was bought out even before the IPO and we have been operating successfully since, clocking about 30% yearly increase.

After litecoinglobal declared its ending, I thought about my investors and found out the way for it. We have now a team of 5 (and one more comming within few days, to deal with marketing and PR) who instantly declared their dedication towards the community and declared our plans to open fully legal within our law jurisdiction LTC BTC and XPM investment platforms.

Since then we have opened LITECOININVEST.COM platform, which is operating over a month now and today (for my birthday) we have opened BTCINVE.COM platform for btc equivalent. On litecoininvest we have honored all securities who wanted to migrate from litecoinglobal, listing 7 securities migrated to this point, few more thinking and our own sketis.invest security which represents our security owning the exchanges.

To tell from the eyes of others
"Sketis represents the profits of Ethera's bitcoin, litecoin, and primecoin exchanges all wrapped up into one security. Ethera stated that 100% of the profit of these three exchanges is paid to Sketis stockholders in dividends. The Litecoininvest development team itself receives no salary. They own a majority stake in Sketis and their livelihood depends on the success of these exchanges, which is reflected in the value of Sketis Investment. Good luck with the project!"

As said, we are here for the community, with long term plans, dedicated team, huge list of to do, and most important, community to influence and shape the future of those exchanges.

We are welcoming all BTC securities from any platform to relist to our platform for free. Other platforms do bribe the securities to relist or promise of relist, we dont. We think that quality is above that.

Crypto is the future, lets build it together.

If you have any questions or remarks, please dont hesitate and tell us that!


We are happy to announce our second trading platform, BTCINVE.COM a btc investment platform.

Features include:

Unified login system with litecoininvest (use the same loging/password for both platforms)
Triple security system (google 2fa, hot/cold walled system, DMZ system)
Feature work on system, catering to the needs and wishes of the community
All the features of the litecoininvest
A true pass through ltc/btc (planned in close future).

We are welcoming all the securities from btct.co for free relisting, serving the promise to the community.

Neil

edit: edited from the third post with remark which was brought to our attention in post nr2.

Actually his posts makes all sense. You claiming that someone has no idea how computers works just shows how childish you are (let me guess, around 16-21 age, no idea what you are talking about?)

I give a heads up for the guy, as the diff rising steep shows that the gpu computation did enter the scene.

Wow this is exciting times. Probably the first coin where cuda will have its share. Gamers will rejoice (IF he ever releases that to public. Heads down to him, GENIUS at the work.)

(disclaimer, i run a big amd farm for ltc but i can and do recognize when i see genius at work).

Neil

3 securities relisted from litecoinglobal.
Happy trading!

Neil

Tomorrow we should have few more listing at our platform.

As well would like to remind, if you are running charity, you are entitled to 10 shares. 90 Shares are left to be distributed this way.
If you want to apply send email to neil@litecoininvest.com with link to any resources about your charity.

Neil

Our own stock went live as well, and first 1% charity deal went live, a voting quantity was passed to SeansOutpost. We are for the people who do great jobs!

Neil

reminder, follow us on twitter @Litecoininvest

Thanks! We really believe we have what it takes in the long run to provide with secure and constant base for crypto investments. Within 12 hours our own security will be up for trading (Thou we will release very small percentage of shares, for people who want to be moderators of upcoming securities) as well as we will start distributing our promised 1% to charities.
We hope you enjoy our site and our teams dedication.

Neil

And we are live. First security is up, trading is up, the liteconinvest platform shares will be available tomorrow (not much, to differ approving people a bit). First charity giveaway to SeansOutpost (10 shares) will happen after going through the security.

Neil

SaltySpitoon the reason of litecoinglobal closure is that operator (burnside) was a citizen of US. That's why they could do everything. We are in compliance of our laws and acting legally, so no problems there.

Good day,

Edit for general discussion thread: this is an announcement, please provide questions or remarks in the forum topic in the marked section under "Securities". https://forum.litecoin.net/index.php/topic,6460.0.html

My name is Narimantas 'Neil' Sakalys and I am here to tell you, that after litecoinglobal announced shutdown we started working really hard on a counterpart, which crypto community needed so much. After a month of really hard work our team is proud to announce new Litecoin investment platform launching on monday, 21st of October 2013.

www.litecoininvest.com

For today and tomorrow we invite you to test out the platform on our test user: test/test with pin 1234 . Knock yourself out with testing all the features we implemented so far and read what is ahead on launch. On monday we will clear all data from datatables, enable the wallet integration and mails, launching the platform at 12.00 GMT (London time).

Litecoininvest.com features:

* Legal business JSC running all legal within the law
* Team which worked on lots of big projects
* Continues development with listening to community
* Free transfer of businesses from litecoinglobal.com (contact us by my mail narimantas.sakalys@gmail.com for your options)
* Double security (not in test) 2fa
* Hot/cold wallet integration for improved security
* Double server security (if first set of servers goes down for any reason, secondary site takes over).
* New technology trading engine, allowing realtime trades without collisions
* Low trading fees (0.2% per action)
* Dedicated team toward security checks of new securities creation
* Successful running business to prove credibility of the team
* BTC and XPM investment sites following shorty (within 2 weeks for both sites)
*US customers are welcome, in fact we had great help from few americans on this one.

We wanted to remind you, that this is the initial starting point, and our team will continue to work with same speed and dedication, to build this platform into something, that crypto world deserves.

So once again, please come in for a test drive, remember that there is few things not enabled (for obvious reasons) and that securities and some data is random generated. And remember we are launching live on 21st of October.

follow us on twitter @Litecoininvest

Neil
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