Totally forgot about this, just going through my old posts and needless to say the 0.17 bitcoin this received back in the day (which I still have) is worth considerably more now; so a second thanks from me for being so generous back then.
How can you decide a price without any exchange supporting this?? Will i sell litecoin cash in the future locallitecoincash.com?!
They aren't...
At the point of the hard fork, and, if you held a LTC balance in a (non-exchange) wallet you will be able to then claim (like those with BCH/BCG) LCC. The amount of LCC credited will be 10:1
Make sure you have LTC in a wallet
Wait for Hard fork
Transfer LTC to new wallet (so empty)
Import the (now empty / swept) private key in LCC wallet
The cost of a Antminer S7 in $300 - $400 more expensive than building a 6 GPU mining rig, with 1060s. Also the GPU mining rig can mine many algorithms.
Also GFX card hold good value for resale, believe it or not you can actually play video games on them.
Post
Topic
BoardMeta
Re: Merit & new rank requirements
by
amerrigan
on 09/02/2018, 15:34:42 UTC
Is there a limit on the number of merits than can be sent in one hit?
I presume (hope) there are others like me, who are less interested in the monetary rewards than in the intellectual rewards from participating. Thus, perhaps decoupling the rank and the merit system, and only use the merit system to have influence on the monetary benefits, maybe that would be cleaner in term of incentives? It would certainly work for me.
I don't agree. Rank of the member should mean his "seniority" not only by number of posts, but also by quality of posts. I think that nobody wants Hero members that are posting shitposts in this forum. So i like the idea that members should qualify for a higher rank only if they post something meaningful. If you are more interested in intellectual benefits, then there is no need for the rank upgrade anyway..
The other thing is that currently it's quote difficult to get some merits. It looks like a very long journey to upgrade from Member to Full Member for example, even for users that are posting quality posts. I hope this will get better once there are more sMerits available from Merit sources.
Isn't this just another form of elitism though? Only those with sufficient rank can decide on who can progress through the system.
Isn't it is also far too easy for some of these "shitpost heros" to level up their own secondary/multiple accounts and not use the system as intended.
I think merit system will take a long time to come into effect as current merit generation is going on and Admins will need time to generate more merit to give it to the users, who actually deserve it.
One Suggestion:
As merit is the way to rank the post for the quality. Why don't you guys put in higher in the page. I mean give it preference, when user sees it.
I am Member waiting for promotion to the Full Member and I think Merit is worth what is stand for. I can wait for the promotion if it helps the community grow in the good way.
Yup me too, I've been a lurker on these forums for years only recently got back into crypto (TBH it was the Christmas price rises). I've just hit the "old" threshold today to become a "member" and wondered why I hadn't ranked up yet.
Now I know
Post
Topic
BoardMeta
Re: Merit & new rank requirements
by
amerrigan
on 09/02/2018, 12:01:28 UTC
Surely all the new system does is create an external marketplace for selling "Merit" (i.e. Fiverr etc)?
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN] Binary-Chain - VeriCoin and Verium - The First Dual-Blockchain Protocol
Hi all, we are happy to reply about Charlie Lee's posts.
We don't want to engage on Twitter and protest our innocence, etc. He is absolutely correct to be skeptical.
We are absolutely, 100%, NOT an "official" Litecoin-endorsed project.
EVERYONE is correct to be skeptical. Skeptical is a sensible default state! If you like, consider us a tutorial level for LTC forking. Practice safe forking and never import a private key that still has live coins on it into ANY wallet or website -- including ours.
And remember, you don't have to claim right away; your LCC won't go away. Wait and see how others find the process. Nothing stopping you making sure your LTC are on a key you control for the fork block, in case you ever decide to claim in the future.
Oh, and we're definitely not bitmain!
So can you please elaborate that why did you change the algorithm from scrypt to sha 256
Probably to use ASIC's to get an initial horde before the difficulty gets too high.