[ANN][LCC] Litecoin Cash | SHA256 LTC fork @ block 1371111 | 10:1 claim ratio

[Trastormborn]

believe in this project, just wait, we cannot make good money over the night, this time next year...

nah, I don't think we have to wait that long. BCH skyrocketed from $300 to $3000 in 3months, so who knows...

As for the fork coins, if they could stand at 1/10 of the original coin value, that's goal for the fork coins.

So basically, LCC has more room for growth. My prediction is LCC value will be around $20 or more within 3 months.

[kagami_]

The Litecoin owner Charlie Lee  says in twiter that, Litecoin Cash is a scam!  So, tell me, what kind of idiot you have to be, buying it or investing money mining it?  

How the hell listed price at youbit is 5-6$ , when there are no real buyers and sellers? Me too have litecoin cash, i can give it to you with 50% discount! Want to buy?  

Charlie Lee's mad LCC has 90% cheaper transaction fees then LTC. People that got free LCC in dump like you don't want it and sell for $1. LCC aiming long term for 1/10 price of LTC.

Reading scam supporters always is punishment for me! You calling Litecoin owner a lier?

People like you and Charlie need to be more careful with throwing around buzz words like scam. Truthfully he's probably mostly mad their using the word litecoin in the fork. Charlie is calling LCC a scam because he thinks LCC is trying to confuse people into thinking it's LTC. LTC can not be mined with bitcoin miners using sha256 algo they are different coins. I am not calling him a lier, but just because he says something doesn't necessarily mean it's true.

Exactly. Even if the devs dump and then disappear (which you could then say it was a "scam"), as long as there could be a community takeover, the coin could last awhile if people keep mining it. I don't see much of a real future for this though other than something to trade and make some money from. It offers no solutions to the major issues of all cryto.

I disagree entirely that it doesn't address any issues with cryptocurrencies. For one, the only SHA-256 coin worth mining atm (assuming you don't want to mine BTC due to extremely high fees, difficulty, time to transfer, etc,) because the only other SHA256 coins are truly "scams" or coins with old irrelevant code that's no longer the industry standard. This coin gives us updated code with the best difficulty adjustment algorithm available integrated into it. It's an easily and cheaply tradable SHA256 alternative with fixes to things like difficulty, blockchain size, block time/transfer time. There is no better SHA256 coin available right now other than BTC and BCC, neither of which have the updated difficulty adjustments and low transfer fees. There's no reason that SHA256 should become obsolete and before this coin, it had practically had become obsolete. Also, in my opinion the fork is a great way to distribute the coin in a fair manner.

It's just a solid coin in my opinion, regardless of whether or not it's SHA256 compatible. It's just made better by the fact that it is minable with SHA256.

[Viper1]

The Litecoin owner Charlie Lee  says in twiter that, Litecoin Cash is a scam!  So, tell me, what kind of idiot you have to be, buying it or investing money mining it?   

How the hell listed price at youbit is 5-6$ , when there are no real buyers and sellers? Me too have litecoin cash, i can give it to you with 50% discount! Want to buy? 

Charlie Lee is not the owner of Litecoin.

Bitcoin Core people also call Bitcoin Cash a scam.. 'scam' is a word very lightely used in the crypto world. as soon as someone opposes sometthing, it is quickly labeled 'scam'. Bitcoin Cash being a scam or not (i do not like it), it still has its own use, its community, its blockchain, its value...

Crypto is by nature permissionless. the value derives from the support that the communitty is willing to give to it.

Litecoin Cash have issues with wallets, issues with network and no open deposits at yobit or anywhere. Dev was very active here till date of fork, then no word from him last 6 days. So , 0% trust for coin, 0% support.

I heard somewhere that you can deposit LCC at crypto-bridge.org so you might want to check that out. Apparently devs are active on Discord but yeah, not being in here at least once a day isn't very professional IMO.

I've never heard of many of these exchanges though so no idea of it's history.

[luxMiner]

The Litecoin owner Charlie Lee  says in twiter that, Litecoin Cash is a scam!  So, tell me, what kind of idiot you have to be, buying it or investing money mining it?   

How the hell listed price at youbit is 5-6$ , when there are no real buyers and sellers? Me too have litecoin cash, i can give it to you with 50% discount! Want to buy? 

Charlie Lee is not the owner of Litecoin.

Bitcoin Core people also call Bitcoin Cash a scam.. 'scam' is a word very lightely used in the crypto world. as soon as someone opposes sometthing, it is quickly labeled 'scam'. Bitcoin Cash being a scam or not (i do not like it), it still has its own use, its community, its blockchain, its value...

Crypto is by nature permissionless. the value derives from the support that the communitty is willing to give to it.

Litecoin Cash have issues with wallets, issues with network and no open deposits at yobit or anywhere. Dev was very active here till date of fork, then no word from him last 6 days. So , 0% trust for coin, 0% support.

fair enough point... we'll have to wait it out and see.

there is already quite a bit of hashpower allocated to mining LCC, and there are a number of single miners putting in close to 10 PHs. they either know something we don't, or they are gamblers with very deep pockets....

[rgsnedds]

Code:

TLDR

(assuming you don't want to mine BTC due to extremely high fees, difficulty, time to transfer, etc,)

It's just a solid coin in my opinion, regardless of whether or not it's SHA256 compatible. It's just made better by the fact that it is minable with SHA256.

BTC fees are actually very low currently at 1sat/byte. I have no problems moving BTC and paying my tx fee, currently.

And the only thing good about LCC being SHA256, is that it might take a few PH/s off BTC network.

[Viper1]

Code:

TLDR...

the coin could last awhile if people keep mining it....

i have free electric and i'm not mining it.

just saying.

Given all your posts in this thread that doesn't surprise me at all. But I'm sure many others will as long as it's profitable.

If it were profitable, my nicehash earnings would have gone up?
I'd like to know exactly where it can be sold for a profit?

Apparently there's a couple places. Don't know if a profit could be made though. You're the sort of person who cries, moans and bitches about things but you'll stop saying anything if the price goes up and it could be sold for a good profit. What does it all matter really though. This place is so filled with scams etc that you just have to get in and out quickly and move on to the next piece of crap. You roll your dice and take your chances.

OK, fair point, to which I will concede. And it is the case that there have been so many of these types of fork over the years that people are allowed to get annoyed by them... being the first fork off LTC, posed a huge opportunity for the developers... but DAMN, that pre-mine.

I have a small amount of LCC but i'd rather be mining BTC, is really where I am at the moment.
Going SHA256, I feel was also a mistake... should have been scrypt2, similar to Verium, which is completely ASIC resistant (for now) and can only be mined via CPU.
If you want to start a marathon race at the start... then don't begin the race with contestants who own rocket-packs.

Massive mining operations got in on this unfortunately it's no not just the pre-mine that can be expected to be dumped at any time - this only serves to ensure anyone who wants to make money from LCC, really has to sell off right away.

Yeah, the few changes they made to the coin are pretty much meaningless and things like SHA256 just makes one think they just want to throw their existing miners at it. The whole premise of this coin is ridiculous but hey... het some money out of it and move on. That's what I did with litecoindark a few years back.

[jt101jt101]

The Litecoin owner Charlie Lee  says in twiter that, Litecoin Cash is a scam!  So, tell me, what kind of idiot you have to be, buying it or investing money mining it?   

How the hell listed price at youbit is 5-6$ , when there are no real buyers and sellers? Me too have litecoin cash, i can give it to you with 50% discount! Want to buy? 

Charlie Lee's mad LCC has 90% cheaper transaction fees then LTC. People that got free LCC in dump like you don't want it and sell for $1. LCC aiming long term for 1/10 price of LTC.

I think it is acceptable as to why Charlie's mad about LCC but the real reason haters hate is cos they failed to sell at $10 ATH !! plus they don't like LCC's Roger https://litecoinca.sh/img/lcc.mp4....lol 

[amerrigan]

Is anywhere actually allowing us to trade them yet?

[rgsnedds]

Code:

TLDR...

the coin could last awhile if people keep mining it....

i have free electric and i'm not mining it.

just saying.

Given all your posts in this thread that doesn't surprise me at all. But I'm sure many others will as long as it's profitable.

If it were profitable, my nicehash earnings would have gone up?
I'd like to know exactly where it can be sold for a profit?

Apparently there's a couple places. Don't know if a profit could be made though. You're the sort of person who cries, moans and bitches about things but you'll stop saying anything if the price goes up and it could be sold for a good profit. What does it all matter really though. This place is so filled with scams etc that you just have to get in and out quickly and move on to the next piece of crap. You roll your dice and take your chances.

OK, fair point, to which I will concede. And it is the case that there have been so many of these types of fork over the years that people are allowed to get annoyed by them... being the first fork off LTC, posed a huge opportunity for the developers... but DAMN, that pre-mine.

I have a small amount of LCC but i'd rather be mining BTC, is really where I am at the moment.
Going SHA256, I feel was also a mistake... should have been scrypt2, similar to Verium, which is completely ASIC resistant (for now) and can only be mined via CPU.
If you want to start a marathon race at the start... then don't begin the race with contestants who own rocket-packs.

Massive mining operations got in on this unfortunately it's no not just the pre-mine that can be expected to be dumped at any time - this only serves to ensure anyone who wants to make money from LCC, really has to sell off right away.

Yeah, the few changes they made to the coin are pretty much meaningless and things like SHA256 just makes one think they just want to throw their existing miners at it. The whole premise of this coin is ridiculous but hey... het some money out of it and move on. That's what I did with litecoindark a few years back.

A binary chain, linking to LTC at 1/10 would have been worth forking... at least that would have tied in the correlated pricing structure. Although it's not been achieved just yet, the VRM/VRC team are taking the right approach on it... a long term project with a competent team of developers who release nothing until it's 100% ready and tested on every testnet available.
However.. i'm way off topic now, so i'll stop... still not convinced I should point my miners at LCC though.

[rgsnedds]

Is anywhere actually allowing us to trade them yet?

cryptobridge seems like the best current option.

[Viper1]

The Litecoin owner Charlie Lee  says in twiter that, Litecoin Cash is a scam!  So, tell me, what kind of idiot you have to be, buying it or investing money mining it?  

How the hell listed price at youbit is 5-6$ , when there are no real buyers and sellers? Me too have litecoin cash, i can give it to you with 50% discount! Want to buy?  

Charlie Lee's mad LCC has 90% cheaper transaction fees then LTC. People that got free LCC in dump like you don't want it and sell for $1. LCC aiming long term for 1/10 price of LTC.

Reading scam supporters always is punishment for me! You calling Litecoin owner a lier?

People like you and Charlie need to be more careful with throwing around buzz words like scam. Truthfully he's probably mostly mad their using the word litecoin in the fork. Charlie is calling LCC a scam because he thinks LCC is trying to confuse people into thinking it's LTC. LTC can not be mined with bitcoin miners using sha256 algo they are different coins. I am not calling him a lier, but just because he says something doesn't necessarily mean it's true.

Exactly. Even if the devs dump and then disappear (which you could then say it was a "scam"), as long as there could be a community takeover, the coin could last awhile if people keep mining it. I don't see much of a real future for this though other than something to trade and make some money from. It offers no solutions to the major issues of all cryto.

I disagree entirely that it doesn't address any issues with cryptocurrencies. For one, the only SHA-256 coin worth mining atm (assuming you don't want to mine BTC due to extremely high fees, difficulty, time to transfer, etc,) because the only other SHA256 coins are truly "scams" or coins with old irrelevant code that's no longer the industry standard. This coin gives us updated code with the best difficulty adjustment algorithm available integrated into it. It's an easily and cheaply tradable SHA256 alternative with fixes to things like difficulty, blockchain size, block time/transfer time. There is no better SHA256 coin available right now other than BTC and BCC, neither of which have the updated difficulty adjustments and low transfer fees. There's no reason that SHA256 should become obsolete and before this coin, it had practically had become obsolete. Also, in my opinion the fork is a great way to distribute the coin in a fair manner.

It's just a solid coin in my opinion, regardless of whether or not it's SHA256 compatible. It's just made better by the fact that it is minable with SHA256.

The problem with allowing ASIC mining for any coin is that it can lead to centralization. Why do you think almost every other coin out there tries to make themselves ASIC resistant. There are coins out there where the developers have clearly stated that if ASICS are ever developed for them, they will implement a new algo to prevent that because they know keeping the mining in the hands of the masses via CPU/GPU mining is the only way to ensure decentralization. That issue is one of the biggest problems with crypto. Another one, which we see all the time with bitcoin, is using a "fixed" fee. It's fine when the coin isn't popular but when it gets a lot bigger and the price goes up, the fee is far too large. I really don't understand why coins (there might be a couple that do this actually) don't just use a percentage of your transaction amount. There are many other problems with crypto but this coin has done nothing to address them. They've just done what others have done but use litecoin as the base.

[kagami_]

Code:

TLDR

(assuming you don't want to mine BTC due to extremely high fees, difficulty, time to transfer, etc,)

It's just a solid coin in my opinion, regardless of whether or not it's SHA256 compatible. It's just made better by the fact that it is minable with SHA256.

BTC fees are actually very low currently at 1sat/byte. I have no problems moving BTC and paying my tx fee, currently.

And the only thing good about LCC being SHA256, is that it might take a few PH/s off BTC network.

I just withdrew 2 days ago and it costs me a tiny bit more than 4 days of profit per month assuming I withdraw once per week. That's too high for my liking. And then it takes forever to go through either way.

[halfmil]

believe in this project, just wait, we cannot make good money over the night, this time next year...

nah, I don't think we have to wait that long. BCH skyrocketed from $300 to $3000 in 3months, so who knows...

As for the fork coins, if they could stand at 1/10 of the original coin value, that's goal for the fork coins.

So basically, LCC has more room for growth. My prediction is LCC value will be around $20 or more within 3 months.

If LCC reaches $20 that would mean I'm mining $215 per s9 a day right now. I'm willing to take that chance. There is no reward without risk.

[Hendrikclaasen]

believe in this project, just wait, we cannot make good money over the night, this time next year...

nah, I don't think we have to wait that long. BCH skyrocketed from $300 to $3000 in 3months, so who knows...

As for the fork coins, if they could stand at 1/10 of the original coin value, that's goal for the fork coins.

So basically, LCC has more room for growth. My prediction is LCC value will be around $20 or more within 3 months.

If LCC reaches $20 that would mean I'm mining $215 per s9 a day right now. I'm willing to take that chance. There is no reward without risk.

+1

[desarpenteur]

The fact that this first release of the windows Litecoin Cash wallet make Avast antivirus rise a red flag is not very professional.

[kagami_]

The fact that this first release of the windows Litecoin Cash wallet make Avast antivirus rise a red flag is not very professional.

All wallets do that buddy. That is, set off antivirus. Has absolutely nothing to do with LCC.

[Viper1]

The fact that this first release of the windows Litecoin Cash wallet make Avast antivirus rise a red flag is not very professional.

A lot of coins (including versions of litecoin), have had antivirus programs flag them. The people then in charge of those programs submit a review request to the antivirus companies and those companies put in an exclusion for them if there's really nothing bad in them. I ran virustotal on the downloadable exe and it only had 1 thing flagged out of 66 and it was that stupid baidu thing which seems to flag almost everything. There are reputable coins out there that still get flagged as a virus by some programs.

[desarpenteur]

The fact that this first release of the windows Litecoin Cash wallet make Avast antivirus rise a red flag is not very professional.

All wallets do that buddy. That is, set off antivirus. Has absolutely nothing to do with LCC.

Absolutely not. I have had to add no exception for the Litecoin and Bitcoin core wallets.

[Viper1]

The fact that this first release of the windows Litecoin Cash wallet make Avast antivirus rise a red flag is not very professional.

All wallets do that buddy. That is, set off antivirus. Has absolutely nothing to do with LCC.

Absolutely not. I have had to add no exception for the Litecoin and Bitcoin core wallets.

You must be new to all this. Here's just one example of litecoin having this issue in the past.. https://bitcointalk.org/index.php?topic=1586507.0

bitcion has also had this problem at times.

[kagami_]

For those still calling this a scam and that haven't seen this quote:

“We're using the Litecoin Cash name simply because it has become customary in recent months for a coin which forks a blockchain to prefix its name with the name of the coin being forked. This practice has become a widely understood convention. We're not associated or affiliated with Charlie Lee or any of the Litecoin team in any way; we are big fans though.”


P.S. I believe it's the Bitcoin Core wallet that sets off antivirus', probably an older forked version that was modified but never updated for the fix (if there even exists one, I haven't looked ...)