[LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast

[placebo]

 fortresscrypto is interested in the coin. Will be hard to move this size of coin. GML is now also dropping, so the question is will LTCD hold the current levels or will it drop like GML?

[voodoo1967]

from what I understand is that a fork will follow and a new wallet will have to be out. Trollbyfire has been running test that he quoted the other days so it could be anytime. But that's just my opinion and don't want to start the rumour mill going lol .

this is what trollbyfire said the other day
LitecoinDark v1.1.2 (released Wednesday) DOES NOT contain hard fork code.  Has not, and will never.  This means until I push the next update, there will be no reward drop.
LitecoinDark v1.2.2 (to be released tonight hopefully unless something dire happens) DOES contain hard fork code and will cause the block reward to drop.

I have not stated anywhere a target block or when the drop will occur. - This information will be outlined clearly when 1.2.2 is released.

[placebo]

from what I understand is that a fork will follow and a new wallet will have to be out. Trollbyfire has been running test that he quoted the other days so it could be anytime. But that's just my opinion and don't want to start the rumour mill going lol .

this is what trollbyfire said the other day
LitecoinDark v1.1.2 (released Wednesday) DOES NOT contain hard fork code.  Has not, and will never.  This means until I push the next update, there will be no reward drop.
LitecoinDark v1.2.2 (to be released tonight hopefully unless something dire happens) DOES contain hard fork code and will cause the block reward to drop.

I have not stated anywhere a target block or when the drop will occur. - This information will be outlined clearly when 1.2.2 is released.

If reward drops but hashrate drops too, then it will not have any effect on the price. I remember Klondike KDC, they also drop the reward hard, and it was the end of the coin.

[kcanup]

from what I understand is that a fork will follow and a new wallet will have to be out. Trollbyfire has been running test that he quoted the other days so it could be anytime. But that's just my opinion and don't want to start the rumour mill going lol .

this is what trollbyfire said the other day
LitecoinDark v1.1.2 (released Wednesday) DOES NOT contain hard fork code.  Has not, and will never.  This means until I push the next update, there will be no reward drop.
LitecoinDark v1.2.2 (to be released tonight hopefully unless something dire happens) DOES contain hard fork code and will cause the block reward to drop.

I have not stated anywhere a target block or when the drop will occur. - This information will be outlined clearly when 1.2.2 is released.

Thanks mate, reply much appreciated 

[EcoChavCrypto]

no big sells look like people are holding for better price or long term investment nice to see

Voodoo. Thanks for every half an hour trade updates, but I think we can see it ourselves when we need it ;-)

30 mins is to long, I expect them every 15 minutes. 

[willpv2]

no big sells look like people are holding for better price or long term investment nice to see

Voodoo. Thanks for every half an hour trade updates, but I think we can see it ourselves when we need it ;-)

30 mins is to long, I expect them every 15 minutes. 

I'd like every 8-10

[jahl]

from what I understand is that a fork will follow and a new wallet will have to be out. Trollbyfire has been running test that he quoted the other days so it could be anytime. But that's just my opinion and don't want to start the rumour mill going lol .

this is what trollbyfire said the other day
LitecoinDark v1.1.2 (released Wednesday) DOES NOT contain hard fork code.  Has not, and will never.  This means until I push the next update, there will be no reward drop.
LitecoinDark v1.2.2 (to be released tonight hopefully unless something dire happens) DOES contain hard fork code and will cause the block reward to drop.

I have not stated anywhere a target block or when the drop will occur. - This information will be outlined clearly when 1.2.2 is released.

If reward drops but hashrate drops too, then it will not have any effect on the price. I remember Klondike KDC, they also drop the reward hard, and it was the end of the coin.

thats why i realy think we need POS by then, but as mentioned above, that might be the case

[voodoo1967]

hell we need a ticker here to monitor the price and news we could go like cnn back to you at the desk. Heck we have reporters form around the world lol 

[GailSan]

BUY BUY BUY! xD

I guess some of us were lucky for buying in at 989 Sats.

These people who wants to sell cheap are stupid or what???

I guess so. I mean, quite seriously with a very serious face, why would you sell so cheap before it halves? Seriously? Do they not think they could get more possibly tomorrow or tonight depending on their timezone? We already saw how BTCD exploded, so, da fuke is going on with them?

http://www.fortresscrypto.com/news/breaking-news-litecoindark-ltcd-hard-fork/

Wallet 1.2.2 will be Released Tonight US time: BLOCK REWARD  REDUCED from 400 to less than 24

WTF

Well, if it does get decreased to 24 LTCD, that's even better for the value and I'm not going to lie.

Why is halving a good thing for the price.
Can someone tell me?

[TrollByFire]

Why is halving a good thing for the price.
Can someone tell me?

I'm not a market guru, just a lowly developer, but generally speaking at a halving increased coin supply diminishes with respect to demand pushing the price upward.

[chicken65]

Meaning to mine them becomes harder?
It would make sense if there are to many coins around.

[voodoo1967]

well the less coins coming out the harder to mine so you should want more for them and not give them away at a low price when there was a lot more available mining. supply and demand . Demand as been really high just a few days ago it was like 10 buys for every sell and someone was able to keep the market low by dumping some coins below the asking price so they could buy cheap and load up. We already seen a 4 plus btc sell wall eaten up today at 1500

[koralon]

Why is halving a good thing for the price.
Can someone tell me?

I'm not a market guru, just a lowly developer, but generally speaking at a halving increased coin supply diminishes with respect to demand pushing the price upward.

Is there any coin whose price has actually went up after halving?

[jahl]

me personally i'm only expecting a rise in price when getting neat features released, which i'm sure we'll get.
So i'm not focusing on price and just bagholding.

[acs267]

Meaning to mine them becomes harder?
It would make sense if there are to many coins around.

 I'm pretty sure mining becomes harder depending on difficulty. Halving means to divide the current block reward in half and that becomes the new block reward. Such as, if it was at 12, it'd halve down to 6.
 Decreasing the block value to 24LTCD means that you get a lower block reward than you used to, meaning that essentially the demand goes up due to the block reward, or, let's just say supply goes down lower per block.
 To be honest, I'm not too keen on Difficulty but I'm pretty sure it's when finding a block grows harder and this depends heavenly on the difficulty re-target or the algorithm of the difficulty. This is much more different than the coin's algorithm, since, it just controls the difficulty and things pertaining to it. One of the popular difficulty algorithms is KGW, but there's also other ones, for example, XPM/Primecoin's.

Why is halving a good thing for the price.
Can someone tell me?

I'm not a market guru, just a lowly developer, but generally speaking at a halving increased coin supply diminishes with respect to demand pushing the price upward.

Is there any coin whose price has actually went up after halving?

Most of the well-known ones have. Or ones with fairly good communities. The biggest example is Bitcoin, of course, possibly even Doge and others.

[voodoo1967]

flyl me to the moon ooops sorry just thinking out loud lol

[willpv2]

basically halving involves miners getting only half the coins they used to get per block. with less "new" coins available the price per coin is expected to rise quite a bit as fewer new coins are added.

with this coin that is topped more because of the major release scheduled for the 18th which is HUGE.

[jahl]

flyl me to the moon ooops sorry just thinking out loud lol

you're just sayign wht everyone else thinks/wants 

[voodoo1967]

hockey tonite boys and girls nice 

[Cryptofi$h]

hockey tonite boys and girls nice 

Go Canucks Go!