FREE Litecoins

[bitcoinsarefun]

In the spirit of the bitcoin faucet, we've got a litecoin faucet drippin out litecoin. grab some free @ http://freelitecoins.appspot.com

[TravisE]

Thanks.    Funny, first place I ever went to get Bitcoins was the Bitcoin Faucet, yet I never even thought of going to the Litecoin one until now. 

[Anillos]

Thanks!

[bit-joker]

Isn't it better to stick to one currency? I know competition is good but having this litecoin that's easier to create doesn't sound like a good idea.

[ForceField]

Thanks for the free Litecoin!

+1

[ARapalo]

Hmm interesting. So Lightcoin uses the CPU to mine instead of the GPU? When it comes to bitcoins, the GPU is on magnitudes faster, so is there any way to get the GPU to mine lightcoins as well? What about using nvidia cards?

So how do I get a free lightcoin? 

[Remember remember the 5th of November]

Hmm interesting. So Lightcoin uses the CPU to mine instead of the GPU? When it comes to bitcoins, the GPU is on magnitudes faster, so is there any way to get the GPU to mine lightcoins as well? What about using nvidia cards?

So how do I get a free lightcoin? 

It was CPU only at first, but now it is also able to be mined with a GPU, many times faster than a CPU. Look for more information in the Alt currency forum.

[Xanax]

 Just tried to go to the site and got this error :

 

Error: Server Error
The server encountered an error and could not complete your request.

If the problem persists, please report your problem and mention this error message and the query that caused it.

[Xanax]

Just tried to go to the site and got this error :

 

Error: Server Error
The server encountered an error and could not complete your request.

If the problem persists, please report your problem and mention this error message and the query that caused it.

yeah, it looks like I hit my datastore quota ... checking it out

 Ok thank you. 

[blablahblah]

Isn't it better to stick to one currency? I know competition is good but having this litecoin that's easier to create doesn't sound like a good idea.

The market should (eventually) sort out the differences in pricing. Of course with variable difficulty in both types, there's really no fixed ratio of litecoins to bitcoins.

One possible advantage of having multiple currencies is that it becomes harder for malicious players in the finance world (Wall St banksters and so on) to destroy these currencies. If there's no ready alternative to Bitcoin, "someone" could spend a few million dollars creating an array of custom asics to perpetrate a severe attack.

Some people worry about 51% attacks and double spending. They need to learn to think like a criminal. How about getting free money from the US Fed, investing in a massive mining rig and accumulating millions of coins, then holding the bitcoin economy to ransom by stuffing up the inflation rate? Instead of a stable market, they make it ridiculously volatile by constantly dumping large numbers of coins and then buying them back randomly, so that the "little people" lose faith in bitcoin.

What is the solution to all this? Embrace multiple currencies! As long as the general idea and "value system" is compatible, they should be easy to exchange. This makes it more difficult for any dominant player to destroy the market with optimised hardware.

[Zubilica]

Well is offline,  maybe was a scam.

[Fred26]

Thank you =D

[bit-joker]

Isn't it better to stick to one currency? I know competition is good but having this litecoin that's easier to create doesn't sound like a good idea.

The market should (eventually) sort out the differences in pricing. Of course with variable difficulty in both types, there's really no fixed ratio of litecoins to bitcoins.

One possible advantage of having multiple currencies is that it becomes harder for malicious players in the finance world (Wall St banksters and so on) to destroy these currencies. If there's no ready alternative to Bitcoin, "someone" could spend a few million dollars creating an array of custom asics to perpetrate a severe attack.

Some people worry about 51% attacks and double spending. They need to learn to think like a criminal. How about getting free money from the US Fed, investing in a massive mining rig and accumulating millions of coins, then holding the bitcoin economy to ransom by stuffing up the inflation rate? Instead of a stable market, they make it ridiculously volatile by constantly dumping large numbers of coins and then buying them back randomly, so that the "little people" lose faith in bitcoin.

What is the solution to all this? Embrace multiple currencies! As long as the general idea and "value system" is compatible, they should be easy to exchange. This makes it more difficult for any dominant player to destroy the market with optimised hardware.

I thought having only one alternative (bitcoin) would be better for adoption but your explanation answer my doubt. Thanks.

[Jurema]

Thanks man!
The wallet is slow as hell for me though

[blablahblah]

I thought having only one alternative (bitcoin) would be better for adoption but your explanation answer my doubt. Thanks.

Well, it was just one opinion. I read somewhere recently (probably on these forums), indicating that an economy is inherently unpredictable. Say for example that someone creates an "all-encompassing" model that predicts the future, they (or someone else) might try to use that model to game the market, thus changing the result that they predicted in the first place.

In other words, there's no way of knowing for sure -- my opinion might easily be wrong and there might be some big advantages to having just 1 or 2 currencies that never crossed my mind. But when I do think of stuff, I think that having these ideas out in the open gives the community a natural advantage.

[Jurema]

Gimme some LiteCoins
nomnom

LTavjpBNnUjHcWjsRWqdC7CPdEbuZ2A9JN

[spoc]

500 Internal Server Error

[sjs1985]

500 Internal Server Error

Same error for me

[Alarmoz]

i love free stuff!

[zelmer]

litecoin? Time for more research. I only just heard of bitcoin.