Latest Posts
BTC Price Chart Analysis – February 21, 2018 – BTC Crash Starting?
BTC Technical Analysis – February 21, 2018
Is this move lower the start of a BTC crash or just more consolidation? I give my technical analysis of BTC in the video above.
BTC Price Chart Analysis (+ ETC, LTC, XRP) – February 20, 2018
BTC Price Chart Analysis – February 20, 2018 (+ ETC, LTC, XRP)
BTC technical analysis on February 20, 2018. I break down the BTC charts and give my thoughts. Watch to the end to get analysis on ETC, LTC, and XRP.
NEW Scrypt (LTC) Asic Miner: Innosilicon A4+ (vs Antminer L3+)
Innosilicon A4+ Scrypt ASIC Miner
The Innosilicon A4+ Scrypt ASIC miner provides a jump in efficiency over previous version Scrypt ASIC miners hashing at 620 Mh/s @ 750W. How does it stack up against the Antminer L3+ scrypt ASIC miner? Check out the video to learn the results!
A4+ Specs
- Part Number:INNOSILICON A4+ LTCMaster
- Hashrate:620Mh/s (+-8% performance, can be over-clocked at user’s risk)
- Power Consumption:750W (+/-8%, normal mode, at the wall, with 93% efficiency PSU, 25°C temperature )
- Size:(L)350mm*(W)125mm*(H)155mm
- Net Weight:4.2KG (without PSU)
- Voltage:+12V
- Required rated PSU:1000W or above, 9 * PCI-E 6Pin
- Cooling:air-cooled with 2 fans
- Internet connection:Ethernet
- Power supply connection:2 PCIE port per power board.
Major BTC Technical Zone – Bullish? Bearish?
BTC Technical Analysis Feb 18, 2018
Bitcoin is in a major technical zone. Will BTC turn bearish? Stay Bullish? BTC technical analysis on Feb. 18, 2018
Litecoin Cash: Litecoin’s First Fork
Litecoin Cash: Coming February 2018
Litecoin Cash is the first hard fork of the Litecoin blockchain. This fork will occur around February 18, 2018. The jury is still out on if this is a legit project or just a money grab scam.
Litecoin Cash Fork Details
- Symbol: LCC
- Fork Block: 1371111
- Claim Ratio: For every 1 LTC you hold at the fork block, you’ll receive 10 LCC
- Max Supply: 840 Million
- Mining Algorithm: SHA256
- Block Time: 2.5 Minutes
- Segwit: Yes
- Lightning: Yes
Features of Litecoin Cash
There are a couple features of the LCC project that make it intriguing and will make mining LCC more fair.
The first is the mining difficulty recalculation algorithm. Litecoin Cash will use Evan Duffield’s DarkGravity V3 algorithm from DASH. This will provide a more predictable block time as well as add protection from multipool hopping.
The second is the slow-start control to mining. The block rewards will start at 1.25 LCC and grow to 250 LCC over the first 400 blocks after the fork to prevent early LCC miners from having an unfair advantage. The first 24 blocks after the fork will be mined at minimum difficulty. After this, the DarkGravity algorithm will adjust the difficulty based on observed block generation times. The halving of block rewards will occur at the same chain heights as Litecoin.
Litecoin Cash Premine
Litecoin Cash will employ a premine of 1% of the total supply at the time of the fork that will be paid to a development fund.
Charlie Lee Calls Litecoin Cash a SCAM
Charlie Lee, the creator of Litecoin, calls Litecoin Cash a scam saying on twitter “Since on the topic of scams, any fork of Litecoin, calling itself Litecoin something or other, is a scam IMO. Litecoin Cash, Litecoin Plus, Litecoin *… all scams trying to confuse users into thinking they are Litecoin.”
Since on the topic of scams, any fork of Litecoin, calling itself Litecoin something or other, is a scam IMO. Litecoin Cash, Litecoin Plus, Litecoin *… all scams trying to confuse users into thinking they are Litecoin.
This also applies to all Bitcoin forks trying to confuse.
— Charlie Lee [LTC] (@SatoshiLite) January 30, 2018
Charlie also says that this is not a fork from the official Litecoin team saying “The Litecoin team and I are not forking Litecoin. Any forks that you hear about is a scam trying to confuse you to think it’s related to Litecoin. Don’t fall for it and definitely don’t enter your private keys or seed into their website or client. Be careful out there!”
PSA: The Litecoin team and I are not forking Litecoin. Any forks that you hear about is a scam trying to confuse you to think it’s related to Litecoin. Don’t fall for it and definitely don’t enter your private keys or seed into their website or client. Be careful out there! https://t.co/qXbiIxp5Al
— Charlie Lee [LTC] (@SatoshiLite) February 4, 2018
Conclusion
Time will tell if this project is legit. If exchanges list LCC, it will be up to the market to set a price. As we have seen with BTC forks, some of these projects can have value. Before you claim your LCC, make sure the LCC wallet you lose is legit so you do not get your Litecoin stolen.
Litecoin Cash Links:
Litecoin Cash Website: https://litecoinca.sh
Litecoin Cash on BitcoinTalk: https://bitcointalk.org/index.php?topic=2876538.0
Litecoin Cash on Twitter: https://twitter.com/LitecoinFork
Litecoin Cash on Telegram: https://t.me/litecoincashofficial
Reddit: https://www.reddit.com/r/LCCofficial/
Litecoin Cash on Discord: https://discordapp.com/invite/F2nZXnW
Litecoin Cash on GitHub: https://github.com/litecoincash-project/
Binance Down – No Trading, Withdraws
Binance No Trading, Withdraws During System Upgrade
Binance will be down another 10+ hours for a system upgrade. No trading or withdraws on Binance during this time.
Binance says “Due to a significant increase in users and trading activity, Binance will need to extend the System upgrade and is expected to be completed by 2PM (UTC).
Our team is working hard to complete this upgrade as quickly as possible. We will make an announcement to all users if completed ahead of schedule.
Withdrawals and trading during this period will remain suspended. We apologize for any inconvenience caused and thank you for your patience.”
From Binance CEO Twitter
“We experienced a server issue on our replica database cluster, causing some data to be out of sync. Need to fully resync from master. Due the size of the data, it will take several hours. No data is lost. We appreciate your understanding and support.”
Crypto Pump and Dump – Ecoin Up Over 1000%
Ecoin Pump Before The Dump
Ecoin is ripping higher but this is a classic example of a crypto pump and dump. Do not buy!
How Low Will BTC Go – BTC Analysis Feb. 5, 2018
BTC Closing in on a Bottom?
The downside pressure in BTC is still strong but we are getting over extended. With the RSI oversold and price being far extended from the 20MA, will Wednesday which brings a red 9 on the time analysis bring a bottom or at the very least a bounce?
Nicehash Hack Repayment Program
Nicehash Hack Reimbursement
Nicehash will begin reimbursing hacked funds on Feb. 2, 2018. If you had a balance on Nicehash, you can enter the repayment program starting Febuary 2, 2018. Nicehash will move over your old balance to your current balance in parts.
