Don't know about media attention but this coin is far from Dead. Price today went up with 50-60%
Trading volume is 3 times higher then EFL.
Every Day there are comming more things that support this coin.

So why is it dead in you're upinion?

trying to pick up the prize and i got btc and guldencoin on the website! pleas help!

ik ben de prijs omhoog aan het halen! kom ook helpen!

I would like to reply to this with url: http://quoteinvestigator.com/2013/04/06/fish-climb/

NLG is not EFL and EFL is not NLG.

I do not see why there needs to be a competition in this way. Time will tell more then what anyone can scream. In a way it's nice to see the EFL supporters post so many good things about EFL. It means more to me that the people supporting NLG don't feel the need to post these things.

Let's try not to throw dirt on each other. In five years we will see what Bitcoin made it into the cash register and which one didn't.

whahahahah damn you're stupid.

Heyguys, u can get coins for free easily.

just follow this steps.. i already got like 1000 coins.

1. go to this site and enter some random numbers at the right side of the website. Press convert and you get a random IBAN number.

https://www.iban-converteren.nl/

2. When filling in a email adres on the guldencoin.com website use this email generator to fill in fake email adres.

http://www.fakemailgenerator.com/

3. Use a proxy because your IP get blocked if u try it multiple times.

Just press: "Ontvang 100 Guldencoin" and it will appear in your wallet
Nice Fair distribution if u ask me

Yes, it's not doable really. Because it will literally require EVERYONE on board to work, otherwise it won't work. If I can buy LTC-scrypts prior to the fork and find even one exchange to sell them back after the fork, then I can have free LTCs for dumping on the LTC-x11 fork. And chances are there will be more than one exchange where I can sell back scrypt LTCs.

Yes, you are right: The question is really how can LTC-x coinholders be protected from the dumping that is possible from cloning LTCs of the main fork.

Let's say the fork is on 5th April 16:00 GMT.

1. On April 5, 15:00 GMT, I go on cryptsy, sell 10 BTC for 400 LTCs, send the 400 LTCs to my wallet.

2. 16:00 GMT- => Fork happens using the blockchain info up to that point.

3. On 17:00 GMT I send my 400 LTCs back to cryptsy and sell them for 10 BTCs. So I have my 10 BTCs back.

4. I now have 400 LTCs on the LTC-x fork which I'm ready to dump whenever it hits an exchange.

This is too exploitable.

Actually that's a different issue because we are really talking about two different coins where the LTC-x will have as "premine" the exact situation of the LTC blockchain up to block number <to be determined>.

Normal hardforks are one fork pulling ahead and making the other obsolete by virtue of 51% hashpower on the exact same network. There will be no hashpower competition in two different algorithm networks. What will be, is two different coins where one is trying to obsolete the other, but that will, in itself, be in a very vulnerable position for an economic attack.

Non-LTC stakeholders have nothing to lose by buying a few LTCs prior to the fork, cloning them automatically to the alternate fork which will use the same blockchain, selling the LTCs they bought on the main fork, and then waiting for a few months to see if LTC-x is ever adopted in some exchange so that they can dump the heck out of it with the cloned LTCs.


I'm a DRK / X11 fan as well, and I understand the miner's love towards X11. Thing is, and LTC devs have a point there, if something is GPU mineable = it is ASICable. Whether it's X11, Scrypt, Scrypt-N etc etc. It's all the same really, except the price perhaps: X11 asics can be more affordable for regular people as they will require less ram - so the "ASICs are great for the network" and "X11 is actually easier to ASIC" combined with the higher mem prices = epic win through affordable X11 ASICs The time involved is probably not even 1 to 2 years, but more like a few months for designing and manufacturing. Bur right now, yes, X11 is practically ASIC-resistant as it doesn't have any ASICs chasing it down. And with electricity prices being what they are, and heat being an issue, X11 will probably be the summer choice for north hemisphere.

As for Hirocoin vs DRK, Hirocoin is competing in the transparent market vs other altcoins.

The transparent market is a monopoly right now of 10bn market cap value where Bitcoin is the undisputed leader. Darkcoin is creating a new market and providing a new choice: Do you want your transactions and your money to be tracked, or do you want privacy?

So, just as you have one shop and everyone goes there (100% market) and then another one opens and the marketshare is shifted towards the new choice, it's the same situation with Darkcoin.

By presenting a new choice, people will now be able to choose on whether they want public or private cryptocurrencies. If even 1% of the transparent market opts for privacy, we are talking about 100 mn market cap. If 10% goes for the private market, we are talking about a billion USD.

I don't know how Hirocoin, or any other plain altcoin can have a better "this is the coin to watch" prospect than DRK. The fundamentals are very strong.

I just have one question for you. What technical research have you done on the algos used in x11? Did you miss the FACT that each and every one of them is designed to be ASIC friendly as that's one of the requirements to be SHA3 candidate? Or you're looking to "secure" LTC short term and hardfork each time ASIC manufacturers deem it profitable to build one?

so there will be no hardfork. no more worries
if all exchanges and pools switch at the same moment the confusion will only be short: but its still very unlikely to happen

You never considered that people that want to ruin Litecoin completely (because of interest/investment in other coins) may vote Yes to fork Litecoin - just because they all know that such a fork will create chaos and make Litecoin become less popular?

Isn't it also likely that most of the people voting Yes never had a chance to read the offical response from the Litecoin team? I think most people that first think "oh, I don't like asic for some reason, I must vote yes here because some random guy on the Internet say so", actually would change their opinion if they read the very good arguments for not changing to X11.

In addition to all that, there are probably many people that consider this to be a joke and don't even bother to vote. After all, X11 is more ASIC friendly and Botnet friendly than Scrypt, so none of this makes much sense.

You should also explain to kids that voted for hardfork, that investors will lose trust in LTC, LTC will lose value, and mining wont be profitable at all, for anyone, and all those coins they mined over years will be worth nothing... so what ur really doing is trying to destroy LTC, simple as that. If you have problem with ASICs, make your own coin and do whatever you want with it, and leave LTC to DEV team who proved themselfs and have community support.

Who are you? What have you done for LTC so far anyways?

Your ANN post looks like every other scam coin post, no detailed explanation, no plans, no nothing. And bunch of retarded kids following "hey, my GPU still good!!! YAY!!!", clueless how much harm you will do.
  

Hey X11 team, would you be willing to make a post to respond to our posts? https://litecointalk.org/index.php?topic=18166.0
Specifically:
- Who are you and why are you hiding behind the user Beeker?
- X11 is possibly less ASIC-resistant than even Scrypt. So why X11?
- Would you just switch algorithm again when ASIC is ever built for X11?
- Are you not concerned about splintering the Litecoin userbase with this controversial change?
- How do you plan to convince the exchanges to switch to your fork when you don't have the support of the Litecoin developers, the Litecoin Association, and have no influence within the community (I'm assuming this since we don't know who you are), and have no control of litecoin.org and other litecoin websites?
- Are you willing to not use the name Litecoin/LTC so as to not cause mass confusion?

Looking forward to your reply.

And when you do reveal yourself. Please please convince us why your development team will do a better job than the current Litecoin development team moving forward. What kind of development work have you done on Bitcoin, Litecoin, or any other alts. And lastly, if your motivations are to save Litecoin, than why have you not contributed to the Litecoin codebase previously and joined our team?

LTC is not just about mining anymore... people have invested $ into LTC, so  how will u explain to average Joe, that his 10000$ worth of LTC is lost, cause he send them to the LTC wallet that doesnt exist. Go and create your own "ASIC resistant" coin, build infrastructure around it, do whaveter you want... and leave LTC to DEV team and community behind them.

What exactly would prevent the new algo from having an ASIC developed for it? Surely it's impractical to fork every time ASICs come on to the scene?

I'm all for forking, and people starting projects to work on but I think keeping the name will cause confusion and hurt Litecoin rather than help it.

@Beeker, please address my question from earlier in the thread about whether you are using someone else's forum account for these discussion.

You clearly are not the same person evidenced by your posting history.

So the question remains, why are you using somebody else's account?

Thanks for your reply.

We have thought about this.

Our group is small right now, 2 developers and 3 people (including myself) for PR and communication.

User Beeker is involved in this too and we use his account for the first weeks of communicating to the Bitcointalk community.
2 of us are well known hero members on Bitcointalk but won't yet disclose our identity until we think there's enough community support to get into the next phase of this project.

We understand the challenges ahead and we hope to get the main LTC team on our side, one they realize what LTC is facing.

To battle Bitcoin we need progressive thinking and a long-term vision for LTC.