Luckycoin: An oldie (but goodie) crypto gem

[Abiky]

If you've been in crypto since its very beginnings, you might remember one of the earliest altcoins that came into the fold after Bitcoin's inception. One of those coins is Luckycoin (founded in 2013) which served as a "cataclysm" for Dogecoin's creation. In fact, Dogecoin wouldn't had been possible without Luckycoin. For those curious, Luckycoin has a unique PoW mechanism which gives a random block reward to miners. It was long thought to be dead, only to experience a "revival" lately by the community.

At the time of this writing, 1 LKY = $ 0.26. It reached an ATH of ~$17 over a year ago. Maybe it will cross the "double-digits" again? One can only hope.

What do you think about this coin? Will it last for a long time? Do you think there will be renewed interest for the coin at some point in the future (hype)? Or will it join the ranks of other "meme" coins (worthless, zero future)? Are you currently mining or "hodling" this coin?

Your input would be greatly appreciated. Thanks.

[markm]

Its announce thread hasn't been bumped, sounds like the "fake revival" gang to me.

Chances are the coin was running fine all along and like so many others they likely made a fake one, maybe a fork of its blockchain or just a total fake.

Also no sign of activity from it other than your post, did you hear the claim of "revival" on one of many scam-spam sites or what?

Any idea what happened to their - as in that gang - various other fake "revival"s? Been following them?


-MarkM-

[Odusko]

So long the coin remained readable and still listed on the exchange since 2013 till date, this shows that we can give the coin so e thought, but note that for a coin that dumped really hard and pumped so much within that long period of time, you should be prepared for a long ride, if you are looking for investment, is better to buy some more recent coins that have not experienced any pumped.

[Ivystar5]

I don't know about this coin but it would be interesting to know it since it has lasted for some time now and they are trying to revive it and push it back to the space where it will be interesting yet only having to know what happens in the crypto space, buying such coin that has dumped so much but has not been erased from exchanges is only making an investment in the air hoping it's not blown awSy yet if you have strong courage you can hold an sevwhrre it goes.

[markm]

Searching back through Altcoin Announcements part of these forums I found the website claimed to be the current official website is telling us in effect that this is not in fact the real original Lucky Coin at all but rather a hijacking of its blockchain via timewarp.

It was forked from a block from 2013 whereas the original thread and the newer official thread started in 2014 make it clear the real chain already had 158000 blocks when it moved to a new block-explorer and that in 2014 it was close to reaching block 200000.

It also became clear it was still running fine in 2018.

So this a weird timetravel-highjack such as we have seen attempted or performed on various old classic coins in the last while, although it might be an early example of that gang of hijacker's work since they seem to have done the hijack back in 2024.

Not sure though as maybe the "recent" hijack attempt on FairBriX (FBX) was already that long ago by now even though it seems recent to me?

If anyone has the original blockchain up through 2018 or further it would be great if they would come forward, so we can look into a real continuance of the provenance of the coin...

Presumably the hijackers already dumped all their coins back in 2014 so felt it necessary to go back to 2013 when likely they had had coins, that many years later they decided they would like to re-spend...


-MarkM-

[Abiky]

Its announce thread hasn't been bumped, sounds like the "fake revival" gang to me.

Chances are the coin was running fine all along and like so many others they likely made a fake one, maybe a fork of its blockchain or just a total fake.

Also no sign of activity from it other than your post, did you hear the claim of "revival" on one of many scam-spam sites or what?

Any idea what happened to their - as in that gang - various other fake "revival"s? Been following them?


-MarkM-

I know. But I saw the foundation's official site back online with an announcement stating the coin was "revived" in 2024 after being halted in 2013. You can read all about it here: "https://luckycoinfoundation.org/

Of course, just because the coin is up and running again, doesn't mean it's worth the investment. Since it's an early coin, it won't have much attention from investors and traders alike. I wouldn't expect Luckycoin's value to rise anytime soon. The project does have historical significance. Without it, Dogecoin wouldn't exist. We'll see how long it lasts.

[Abiky]

Privacy coin will be great but we all know how scrutinized they are, even governments are pushing for privacy coins delisting it speaks a lot that there will be confrontation from the government.

As of now it seems governments are pushing stablecoin, japan is also pushing one called JPYC despite US with its massive USD domination in the stablecoin sector.
For now I think it's gonna be either BTC or stablecoin. The two will be the most utilized. Unless somehow governments support privacy coin.

Governments will never support privacy coins. They will force the use of CBDCs through the nose. Perhaps, people will make heavy use of privacy coins once cash is phased out of existence? It's a wild guess, since we can't predict what will happen in the future.

Worse-case scenario, all of the world's governments (or most of them) "ban" privacy coins, scaring away investors and traders alike. If that happens, adoption for privacy coins will be low. Without cash, I don't see any other alternative than privacy coins for people to enjoy true freedom and anonymity. We'll see what happens in the long run.