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k9quaint
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July 28, 2012, 08:17:52 PM
 #41

The check point is not the problem.
BitcoinEXpress already told coblee that he wont attack.

But nobody in their right mind would take what was said by BCX on faith alone.

He also said any coin he attacked so far is dead.
Maybe he attacked everything he said he did. Perhaps BCX was all smoke and mirrors and only took credit for the actions of others. Maybe he attacked some coins and not others. Without independent confirmation, I do not put any weight behind his claims.

So, if some one in future attacks then Litecoin also will die.
Maybe. This was an interesting experiment that brought to light some disturbing features of certain members of the LTC community. Threads like these are the ones that show up when googling for LTC. It was certainly entertaining to read and much popcorn was consumed.

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bitlane
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July 28, 2012, 08:21:33 PM
 #42

Neither Theoretical Math, Science nor Statistics are a strong suit for me.... so I usually write things off as simple coincidences when I encounter applicable circumstances.

Isn't that what most people do ? Call it a strange coincidence ? No proof, right ?

https://bitcointalk.org/index.php?topic=96247.msg1061214#msg1061214

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July 28, 2012, 09:02:40 PM
 #43

coblee know it, BCX know it, Thymos know it, btc-e know it, that Litecoin is not going to be attacked.
what you see here is CONTROL.
When ever they want they can attack any coin & if they like the coin they will promote it, increase the value.....
This is called decentralized & not controlled?

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passerby
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July 28, 2012, 09:05:45 PM
 #44

I dunno about yer, dishwara, but here in the barren wastes of Alaska this is called "market manipulation" and "insider trading".

Which are usually considered to be mean, mean things to do to your faithful followers.

Tsk tsk tsk, bad coblee, bad btcex!

bitlane
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July 28, 2012, 09:10:25 PM
 #45

I did not trade a single LTC during this time.
But the question remains......

Did Danny, Lainy, or that Wu chick... make any successful trades during this period ?

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July 28, 2012, 09:14:51 PM
 #46



I did not trade a single LTC during this time.

k9quaint
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July 28, 2012, 09:17:31 PM
 #47

According to http://www.litecoinpool.org/charts#market
The BTC/LTC market moved down substantially on 7/25.
There were two spikes of LTC/USD upwards, but there has been less than $50 worth of trades in that market for the past 2 days. So it was probably due to buying into a lack of liquidity.

I wish I could get transaction volume numbers. /sigh

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bitlane
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July 28, 2012, 09:19:05 PM
 #48

According to http://www.litecoinpool.org/charts#market
The BTC/LTC market moved down substantially on 7/25.
There were two spikes of LTC/USD upwards, but there has been less than $50 worth of trades in that market for the past 2 days. So it was probably due to buying into a lack of liquidity.

I wish I could get transaction volume numbers. /sigh


http://marketscry.info/?s=ltcbtc&t=1000

k9quaint
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July 28, 2012, 09:36:33 PM
 #49

According to http://www.litecoinpool.org/charts#market
The BTC/LTC market moved down substantially on 7/25.
There were two spikes of LTC/USD upwards, but there has been less than $50 worth of trades in that market for the past 2 days. So it was probably due to buying into a lack of liquidity.

I wish I could get transaction volume numbers. /sigh


http://marketscry.info/?s=ltcbtc&t=1000

Sweet. Thanks.

From 07-24 15:13:56 onward is a wave of selling that drove LTC down from 0.006 BTC to around 0.004 BTC at 07-25 03:06:06. A drop of roughly a third over the course of 12 hours. It looks from the transaction history that it was a wave of panic selling and not large blocks moving the market.

The price recovered back to 0.006 BTC early morning of 07-27.

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July 30, 2012, 08:18:02 AM
 #50

The check point is not the problem.
BitcoinEXpress already told coblee that he wont attack.
He also said any coin he attacked so far is dead.
So, if some one in future attacks then Litecoin also will die.

Bitcoin gaining trust.
Litecoin loosing trust.

Hang on, someone pulled an attack and destroyed part of the networks litecoins ?
This is even possible with litecoin ?

exactly how much did people lose thanks to this "experiment" ?
I like litecoin but if this indeed is the case I cannot support an alt currency.
I have a friend who lost 2k LTC , he sent them to BTC-ex during these shenanigans and they never showed (0 conf), looking at his address in block explorer it shows  the correct balance.

dishwara
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July 30, 2012, 09:03:58 AM
 #51

I asking to do EXPERIMENT on Bitcoin, if they have courage.
So far no one did it on Bitcoin, & if done, Bitcoin also may die.

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kano
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July 30, 2012, 09:28:51 AM
 #52

The check point is not the problem.
BitcoinEXpress already told coblee that he wont attack.
He also said any coin he attacked so far is dead.
So, if some one in future attacks then Litecoin also will die.

Bitcoin gaining trust.
Litecoin loosing trust.

Hang on, someone pulled an attack and destroyed part of the networks litecoins ?
This is even possible with litecoin ?

exactly how much did people lose thanks to this "experiment" ?
I like litecoin but if this indeed is the case I cannot support an alt currency.
I have a friend who lost 2k LTC , he sent them to BTC-ex during these shenanigans and they never showed (0 conf), looking at his address in block explorer it shows  the correct balance.
Nothing happened other than people making/losing coins on the exchanges ...

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
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mem
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July 30, 2012, 10:58:59 AM
 #53

The check point is not the problem.
BitcoinEXpress already told coblee that he wont attack.
He also said any coin he attacked so far is dead.
So, if some one in future attacks then Litecoin also will die.

Bitcoin gaining trust.
Litecoin loosing trust.

Hang on, someone pulled an attack and destroyed part of the networks litecoins ?
This is even possible with litecoin ?

exactly how much did people lose thanks to this "experiment" ?
I like litecoin but if this indeed is the case I cannot support an alt currency.
I have a friend who lost 2k LTC , he sent them to BTC-ex during these shenanigans and they never showed (0 conf), looking at his address in block explorer it shows  the correct balance.
Nothing happened other than people making/losing coins on the exchanges ...

Thanks Kano, traders losing money on an exchange is nothing new fortunately.

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