Topic: Litecoin after SegWit (Read 2169 times)

a great way to waste a few million dollars in legal fees when it's obvious it's gonna be a no.

Have to agree that using the word microscopic for a payment seems a little odd. Yes, since you can send a small payment (or larger) in a fraction of a second  you could buy a cup of coffee.

ETF? Lets leave that to the folks pumping ETH right now, I've been occasionally looking at the SEC website for the rejection notice.

It seems to have found a nice bottom. Better hurry before the bounce lololo

YES ME TOO BRO

LTC should apply for ETF. What exactly is a microscopic payment? Is that like a payment to buy a cup of coffee?

"... the first Lightning payment on Litecoin, sending a microscopic payment not normally possible or economic on a blockchain, fully settled in a fraction of a second."

https://www.blockstream.com/2017/05/11/lightning-on-litecoin.html

Looking forward to this being fully integrated into LTC wallets.

I hope it dumps so I can buy some cheap 

When Bitcoin goes down, Litecoin will rise

SegWit on litecoin goes well. next step: SegWit on BTC

I hope it does not drop too far but I would hope that it will stay at least over 20 USD per LTC. I would be shocked to see it go down to pre 20 USD levels and it would be unwise to dump LTC so far down. I only have 10 LTC but I prefer to hold them for long term growth.

We will likely see the price retreat from now on, but I think a lot of investors will be willing to hold until Litecoin gets some progress regarding Lightning Network.

Yeah I think it will drop because the hype is over and people sold on the news. now it will drop and it's over.

TBH i only bought LTC because i knew there would be a pump. I exited at 33$. It might go to 40$ with more LN hype and such, but might aswell go to 25$ range. Plus the miners are selling everything because now with the price increase from 4$ to 30+ in a few months is making them alot of profit, so with the news being over and the pressure going, it will most likely drop.

I dont only think, but now can surely know that LTC at $48 in 2013 was a huge hyped pump. Value of LTC at that time was way lover then $48. Market corrected that latter on.

I appreciate your comments on NEM. Great run so far but I'll always have a problem with coins mostly owned by developers and friends. This is an unfair distribution model and I find the POI concept completely crazy.

I prefer to stick to classic POW coins like BTC, LTC, MONA but I may be wrong.
Let's talk again in 2 years!

We say a big dump because people sold the news, after the activation a lot of people expected this to happen, now it's a long term game to see what's going to happen. Good news will keep going up and we are going to see a price of 0.02+ in the next months as a new floor.

For now... maybe big dips can happen, good buy points coming.

I'd say XEM is more the coin they are excited about in Japan, aside from a silent group of people here who vote for it in polls to be the next big coin but never say much about it.   Although only bitcoin is really seeing transaction delays and no altcoin really needs the type of raw speed XEM's upcoming Catapult code can provide, it's tech really is heads and tails about Litecoin with segwit.  Litecoin with segwit is sufficient to handle transaction volume on an exchange like poloniex, but XEM can handle the type of transactions a financial institution would deal with, with it's hand written, proof of stake code, low fees, fast block times, much lower electricity costs, good transparency, security, etc.

Always fun to look at the unconfirmed transactions bitcoin has.. up around 125K right now.. don't expect your low fee transaction to make it through in a day or three...

https://blockchain.info/unconfirmed-transactions

On the other hand XEM's transactions are a low, fixed number that is idiot proof. I was trying to wrap my head around ETH's algo that uses gas and whatnot and it's a bit complicated. haha. No guesswork with XEM, it calculates the fee for you.  1 XEM for up to 19,999 XEM, and 1 more XEM per 10,000 XEM, capping at 25XEM, with messaging adding to the cost, and that cost might be reduced down the road. We want average joes to be able to use it without thinking (as much)

Mona looks like a proof of work clone that brings nothing new to the table, to me. Proof of work is not the future of crypto for large scale adoption. A bunch of big mining operators here or clonecoin pumpers might tell you otherwise, though.   ETH is transitioning to proof of stake for a reason.

LTC is now the most advanced coin in terms of technology in the POW space.

To me, we are just at the beginning of the story:

1/ Big money has come in the crypto world recently and all coins will benefit from it.

2/ Tech coins will always have an edge over the others.

3/ The liquidity of LTC is adequate for large buyers.

4/ The inflation is already advanced and will be capped at 84 mln coins. Buyers will like the low inflation risk.

5/ With the recent surge of ETH and XRP, Litecoin will seem to offer better value for investors.

6/ Litecoin is big in China and it could potentially become a coin with concrete applications in mobile payments.

7/ Large exchanges like Coinbase and others in Korea & Japan now enable LTC trading.

If you like LTC, you should also consider MONA coin which is the Japanese Litecoin:
- Japan is getting big on crypto
- Advanced stage of inflation
- Segwit is in place
- Low market cap

Where can you even look at the roadmap of the Litecoin project?
I know there are development updates in the development section of their forum, but I can't seem to find anything about planned features.

it would've been very interesting to see what the price would've done if this hadn't happened in the middle of the biggest alt run so far. the train can't accelerate forever.