Pages:
Author

Topic: f2pool starts signaling segwit for Litecoin. Will LTC enable segwit before BTC? - page 2. (Read 2840 times)

sr. member
Activity: 333
Merit: 250
Seems stuck at 57-58%

BTCC can probably push it over 75% when they are ready to make their move.

but they probably wonder if that Segwit will help LTC in price then it will be politically incorrect hurting BTC miners...
I bet some farms have bonds between each other and tey have buthurt what to do activate and sell expensive LTC or not and keep BTC in lower position that NO ONE wants segwit.

From fundametals LTC doesn't really need segwit for transaction this is just marketing push to show that they can act faster than BTC.
Some people will buy tht BS hahaha... I stay away from LTC (4000tx/day and it jumped only because people want to sell on current pump and exit )
same rime ETH is rising while BTC is falling in transactions.


I like that chart so much becouse is shows true value of crypto and its movement Smiley ...
Sadly BTC is falling while ETH is booming. Even from fundamental point of view ETH should with current circustamces surpass BTC at some point in year.


https://bitinfocharts.com/comparison/transactions-btc-eth-dash-ltc.html

this one is allso great...
https://bitinfocharts.com/comparison/sentinusd-btc-eth-dash-ltc.html


LTC nice jumped 10x in value transaction on pump so this is nicely dumping action going there.
Daily 20m$ of LTC is dumped on market

look like all $ transfer is booming on ETH network and that rise is not proportional to price but exponential
https://bitinfocharts.com/comparison/sentinusd-btc-eth-dash-ltc.html#3m

looks like people are using ETH to move fiat eth jumped from 0.1%ofBTC to 25%ofBTC....
THIS IS FUCKING HUGE...
If ETH won't fuck up in code somewhere and course big collapse it will go over BTC IMO hard data shows that.
Looks like 1/4 of market have switched already to ETH as fiat transfer
to be honest i think about it too becouse is faster and cheaper even with minimum fee its max 10min Smiley while in BTC it 10m block.

Realy if ETH wont broke in code it will take over BTC this is not my dream this is data.

sr. member
Activity: 336
Merit: 265
legendary
Activity: 868
Merit: 1006
Seems stuck at 57-58%


How long you guys expect until it grows to 75%?

What miner pools will switch first to join the majority and get us segwit in litecoin?

Can people buying ASICs really make a change?
legendary
Activity: 966
Merit: 1042
April fools is already over in China, the joke would be going too far if he switched off now, it would make a lot of people invested in LTC lose a lot of money. Apparently people has invested in scrypt mining gear too. If he pulls out now he's asking to get shot. Those kind of jokes have real life consequences.

The economics are not a joke. This is virtually a sure thing. Anyone not buying LTC right now is going to be butthurt and have less BTC than those who did.

Yup, I already converted a lot of what I had to litecoin. I'm sure it's going to see better rises than bitcoins, plus you know worst case scenario is that the amount you paid in bitcoins is the amount you'll get back if it crashes.
sr. member
Activity: 336
Merit: 265
April fools is already over in China, the joke would be going too far if he switched off now, it would make a lot of people invested in LTC lose a lot of money. Apparently people has invested in scrypt mining gear too. If he pulls out now he's asking to get shot. Those kind of jokes have real life consequences.

The economics are not a joke. This is virtually a sure thing. Anyone not buying LTC right now is going to be butthurt and have less BTC than those who did. However, SegWit signaling has stalled at 58% for the past hour or two.

The economics are such that which ever miners have a vested interest in keeping the LTC price down thus not signaling SegWit will gradually be debased within the hashrate because those who are buying up the old model A4 Scrypt miners are only profitable at this higher price. So they will signal SegWit as the supply of A4s becomes sold out.The new models which are twice as efficient are monopolized by those who want the price to go higher. This economics seems inevitable.
legendary
Activity: 1358
Merit: 1014
Ps: Pic is not photoshopped!

it is photoshopped because the site shows 49.31% Cheesy

but joking aside this April Fool joke and F2Pool is the hot topic of the day today. all over reddit they are talking about this, and it is not clear if they really signaled it or is it like their bitcoin signalling all the proposals at once!!

in any case i hope it is real and others join in too, we only have 25.69% to go.

April fools is already over in China, the joke would be going too far if he switched off now, it would make a lot of people invested in LTC lose a lot of money. Apparently people has invested in scrypt mining gear too. If he pulls out now he's asking to get shot. Those kind of jokes have real life consequences.
legendary
Activity: 4410
Merit: 4766
Agreed, Charlie Lee wants Segwit, users want Segwit, it's good for Bitcoin to trial Segwit, it's good for miners if price is higher if Segwit activates. I think there's a lot of momentum there at the moment and it would be a shame to see that wasted. If it's an April Fool it's just going to be pretty sad, really, and might kill the mood like a Cliff Richard song.

charlie wants segwit, due to him and his bro being funded by DCG
hero member
Activity: 680
Merit: 500
Agreed, Charlie Lee wants Segwit, users want Segwit, it's good for Bitcoin to trial Segwit, it's good for miners if price is higher if Segwit activates. I think there's a lot of momentum there at the moment and it would be a shame to see that wasted. If it's an April Fool it's just going to be pretty sad, really, and might kill the mood like a Cliff Richard song.
legendary
Activity: 1372
Merit: 1252
this has been great, ever since i heard the news i was buying litecoin again and now it is about 20% up and the volume seems to be picking up too.

i have been saying all month that if litecoin moves towards SegWit the price of it will go to the moon and right after we will see it activate on bitcoin and that goes to the moon too. hope some people listened at the very least.

I hope the price rises make miners see how market majority wants segwit activated.

I think litecoin's segwit activation is real, but im not sure if tomorrow f2pool will continue with bitcoin's segwit signaling. If they are fucking stupid they should.
hero member
Activity: 714
Merit: 501
this has been great, ever since i heard the news i was buying litecoin again and now it is about 20% up and the volume seems to be picking up too.

i have been saying all month that if litecoin moves towards SegWit the price of it will go to the moon and right after we will see it activate on bitcoin and that goes to the moon too. hope some people listened at the very least.
legendary
Activity: 1372
Merit: 1252
Ps: Pic is not photoshopped!

it is photoshopped because the site shows 49.31% Cheesy

but joking aside this April Fool joke and F2Pool is the hot topic of the day today. all over reddit they are talking about this, and it is not clear if they really signaled it or is it like their bitcoin signalling all the proposals at once!!

in any case i hope it is real and others join in too, we only have 25.69% to go.

I doubt miners are that stupid to play around with such a serious matter, this has to be real, at least for litecoin. Miners would see nothing but a lot of profits by activating segwit since the would explode (btw is already going up)
newbie
Activity: 78
Merit: 0
dint roger ver convienced f2pools to mine BTU?
hero member
Activity: 1470
Merit: 655
Ps: Pic is not photoshopped!

it is photoshopped because the site shows 49.31% Cheesy

but joking aside this April Fool joke and F2Pool is the hot topic of the day today. all over reddit they are talking about this, and it is not clear if they really signaled it or is it like their bitcoin signalling all the proposals at once!!

in any case i hope it is real and others join in too, we only have 25.69% to go.
legendary
Activity: 1204
Merit: 1028
Holy smokes, Litecoin's segwit is already at more than 48 percent:




can litecoin do what bitcoin failed to? I guess its time to buy some LTC.

Ps: Pic is not photoshopped!

http://litecoinblockhalf.com/segwit.php
hero member
Activity: 896
Merit: 500
On objective wear, LTC is easier to accept than BTC, it only needs a low 75% support, it's a lot lower than bitcoin, so I suppose LTC can decentralize, and LTC will deliver Grows a lot when that happens. LTC has been around for a long time, but it's not as popular with other currencies. Segwit is a good thing for LTC, it will help LTC to grow strongly in the future. I support segwit for LTC. However, it is too early to talk about that, I think we should check the accuracy of this news.
newbie
Activity: 37
Merit: 0
Great April Fool's joke from what it seems.
legendary
Activity: 1045
Merit: 1000
miners dont want segwit, or offchain scaling because they wont fees.

its time to cut them off by changing the algo
newbie
Activity: 12
Merit: 0
It may, if f2pool starts signaling segwit for bitcoin, bitcoin may have a SW first.
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair

Doesn't seem like a dupe, this thread is focused to the matter of Litecoin's segwit, and what happens if its reached, to Bitcoin.

I think it's great for Litecoin holders, I don't see how it can't go up in price, considering how all those altcoins pumped, LTC hasn't properly pumped yet.

Bitcoin miners may signal for segwit too, once they see the Litecoin beast awaken.

Scaling would actually destroy Bitcoin's store of value so you'd see its price trend towards <$5 within years basically nothing. But it wont happen directly with bitcoin as theres a million ways for scaling to be applied indirectly to bitcoin. Anyways, nothing will happen with Bitcoin and as each month passes and as more and more alts get scaling...it will be apparent that it matters not as bitcoin will not only remain KING of cryptos but become more dominant in price/market cap. The real store of value asset.
legendary
Activity: 1708
Merit: 1036
This is hilarious, everyone on Reddit is having a great laugh over it (cf https://www.reddit.com/r/Bitcoin/comments/62o1ws/for_litecoin_f2pool_signaling_segwit/)

 Best Bitcoin April Fools joke ever.

https://www.blocktrail.com/BTC/block/459816

:-)
:-)
:-)
Pages:
Jump to: