Be very careful, I speculate LTC will potentially plummet after fork of LCC is completed since people who recently bought LTC will sell it back into the market watch it tank and then maybe buy it back much much cheaper. Watch the LTC market after Sunday after the fork....... I just became aware of this info this SAT morning on Feb 17, .. Fork will happen on FEB 18 SUNDAY..
The software from litcoin.org takes 3 days so if you try to get your free LCC I believe its too late since it will take 3 days for the dam software to download. On the other hand, I will watch LTC and potentially buy some when it tanks all the way to the bottom after this LCC (litecoin cash) fork..
Below are all the links so you can make your decision!
Just providing you guys with a link on how long the software from litecoin.org takes to download. This the wallet that will hold your LTC for the fork with a different address. The old address private keys with zero balance will the the one you send to claim your FREE LCC.. Lite Coin Cash after the fork!
Well, Yesterday I almost had a heart attack. When I sent 9k to the litecoin.org wallet , it wasn't showing up. Zero confirmations. Like it never left GDAX. I was sick to my stomach and didn't sleep for 40 hrs. Well, in the final end, I realized when I checked the status of GDAX their were specifically having performance problems wite litecoin specifically. So then I realized their was hope and felt my money wasn't lost in the blockchain 4 ever. 10 very long hrs later, the money showed up in my wallet. Wow! when I saw that I was hugging my wife and kids.. I thought i was doomed, since i also thought i would be late for the litecoin Cash fork which occured at 1:15pm my local time. GUys, I barely made the cut.. The money arrived at exactly 12:08 pm.. So I'll think Ill get my 400 LCC free coins after all. I dont know.. For now, I have to send the money back to GDAX, and that scares the crap out of me. I hate transporting money like this thru wallets. Ive heard all kind of horror stories.. Yesterday, I actually thought I was gonna become on of those unfortunate horror stories with a bad ending. Lesson learned, I will never execute a withdraw with just 24 hrs before a fork. Anything can actually go wrong. You really do have prepare for a fork at least 3 days in advance at the very minimum in my opinion. When I get my actual free LCC coins I will update ! Thanks CrytoBuzzAnalysis
Trade active
⋅
Finally , a decent block chain transaction . Funds went back normally to exchange without getting delayed or lost. What a fuckin relief... These blockchains are not entirely to be trusted. Anything can happen and you can loose your money sending from wallet to wallet or exchange to wallet for vice versa! This block chain technology is not perfected. I hope i don't ever have to go through the grief and waiting 10 hrs for a transaction to clear, like I had too recently. Live and learn. Be careful with transporting crypto through wallets. Now, I will let you know If I actually get the free airdrop coins from light coin cash in March as they promised , as that is yet to be seen!
Trade active
⋅
As, I predicated on this video LTC has completely tanked after the fork. LTC is now $211. Wow, I sold at at the very top at $250 , but then I made the huge mistake of buying again at $241. I was distracted painting my home and not watching markets and did not setup a stop loss..... So, now Im negative. Well that just sucks!!! So I have no choice but to stay in the market and ride this out! I've heard that litepay will come out Feb 26 which will be a game changer for litecoin. So, I hope that makes it bullish again so I can break even from my position at 241 or make another profit again! We well find out!
Correction: Charlie Reed CEO of LTC.... LCC has nothing to do with LTC. Its a separate company with separate actions. But the fork will affect LTC market in my opinion. Cuz u need LTC proof in order to get and obtain your LCC..
You can get a wallet on JAXX It will work for you to get the new LCC Only takes a few min
WilliamKutz
⋅
you cant download Litecoin cash wallet yet. Good luck with what ever your downloading.
CryptoBuzzAnalyst
⋅
@WilliamKutz, Correct, that will be in March. The one to download is the litecoin.org download before the fork...I have about 4 hrs to go . Total should be like 13 hrs.
CryptoBuzzAnalyst
⋅
Guys when you give your private keys you will have already moved out your LTC coins. We are not stupid. We would never give anyone our private keys with our coins in there. I am providing an update. Its seems I have 3 hrs to go for the full download. So in total if that is right it would have taken 13 hrs total. I hope it does, cuz then I will make the cutoff time for Sunday. I will drop 15 k in LTC then pull them back out and then follow the process so I can get about 600 coins of LCC for FREE! .. I hope nothing goes wrong here. I will test a 1/4 of LTC to make sure it goes into the wallet just fine before I do this.. But whats important is that I will then sell my LTC coins back in the market after the fork. Since I don't really want them at the current price. I will wait for the Plunge down and then buy some LTC on the huge dip I see coming! Wish me well, and good luck to all ! The Youtube video on my list says it all!
j3g
⋅
the site says: "After the fork, FIRST move your LTC to a new address, THEN use the private key from the "old" address to claim your LCC"
the site also states that you want the LTC off an exchange because they control the private keys ...you need to move your coins to a wallet
CashFlowCrypto
⋅
@j3g, rule#1 in crypto - NEVER GIVE YOUR PRIVATE KEYS TO ANYBODY!!!! NOT YOUR MOM, DAD, WIFE, GRANDPA, GRANDMA.....NOT EVEN YOUR DOG. Give up your private keys and the risk is on you.
arrie1992
⋅
@CashFlowCrypto, when the old wallet is empty theres nothing to worry about