Litecoin after SegWit - page 2. | Bitcointalksearch.org

ridery99

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Quote from: shyliar on May 10, 2017, 09:10:22 PM

https://bitcoinmagazine.com/articles/litecoin-has-now-deployed-segregated-witness/

"Perhaps even more important, some prominent Bitcoin projects — like .NET Bitcoin library NBitcoin and wallet mSIGNA — announced to port their work to Litecoin now that it has enabled SegWit. Even more notable, Lightning Labs will roll out a version of their lightning network implementation on Litecoin, while ACINQ has tested their lightning software on the altcoin, too. Similarly, Bitcoin Core developer Johnson Lau, one of the authors of SegWit, has indicated that he will realize smart-contracting solution MAST on Litecoin."

Didn't know that, thanks.

tokeweed

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Quote from: ridery99 on May 10, 2017, 01:25:56 PM

Let's talk about litecoin's future. After SegWit, what's next? Lightning Network?
http://www.coindesk.com/litecoin-successfully-activates-long-debated-segwit-upgrade/

Last time when BTC was $1100, LTC was $48 - Now BTC (with scaling issues, solved by LTC) is $1780 and LTC only $33.

What do you think? Tech and price.

I expect it to be quite underwhelming. Litecoin doesn't really need it and it woudn't feel as much of a breakthrough compared to if it was activated in Bitcoin. The latter needs it badly as its approaching a tipping point where it really has to scale right away.

As for the price, it could go on a correction but do we go back to 4 or 5 USD? I don't think so. 'The train has left' as they say.

ratatatat

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segwit is active. Time to sell.

noictib

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Quote from: ridery99 on May 10, 2017, 01:25:56 PM

Let's talk about litecoin's future. After SegWit, what's next? Lightning Network?
http://www.coindesk.com/litecoin-successfully-activates-long-debated-segwit-upgrade/

Last time when BTC was $1100, LTC was $48 - Now BTC (with scaling issues, solved by LTC) is $1780 and LTC only $33.

What do you think? Tech and price.

Ofcourse segwit always results into the profitable thing ( who bought before the came of segwit ) , For example the news about the segwit of doge coin results into increase in the price from 70satoahi to 144 satoshi then think what will happen after the launch of the segwit , but Currently it goes down to again 70 satoshi ( approx ) .
So it is only the news about the particular coin for segwit or any other things just make any altcoin as a viral news Wink

.
Here the down in the price is only due to the reason because the price of the bitcoin goes up that results into the price of litecoin down to balance the value of the litecoin ( there is also another factor that demand plays an important role for the increase in the price ) .

X-ray

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Quote from: ridery99 on May 10, 2017, 01:25:56 PM

Let's talk about litecoin's future. After SegWit, what's next? Lightning Network?
http://www.coindesk.com/litecoin-successfully-activates-long-debated-segwit-upgrade/

Last time when BTC was $1100, LTC was $48 - Now BTC (with scaling issues, solved by LTC) is $1780 and LTC only $33.

What do you think? Tech and price.

Ln will bring another hype for litecoin, But LTC can become an alternative for the bitcoin scaling issue. But looks more people are selling his coin for the news. After the implemented of segwit and hype will be finished.
That's just a usual thing on the crypto, you must understand too many people are hyping this update.

iamTom123

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I have a little LiteCoin too and am a little mesmerized because I was then expecting that after SegWit is activated in LC it would be jumping like a kangaroo in terms of value...as of now it is retreating a little bit...can it because many are feeling some apprehension what would happen next?

One thing for sure is nobody can predict 100% what can happen next in this very volatile cryptomarket we are in. Just holding my LiteCoin though...and hope to sell when it reached $50 (hope so!).

shyliar

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https://bitcoinmagazine.com/articles/litecoin-has-now-deployed-segregated-witness/

"Perhaps even more important, some prominent Bitcoin projects — like .NET Bitcoin library NBitcoin and wallet mSIGNA — announced to port their work to Litecoin now that it has enabled SegWit. Even more notable, Lightning Labs will roll out a version of their lightning network implementation on Litecoin, while ACINQ has tested their lightning software on the altcoin, too. Similarly, Bitcoin Core developer Johnson Lau, one of the authors of SegWit, has indicated that he will realize smart-contracting solution MAST on Litecoin."

XbladeX

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Quote from: NavySeals on May 10, 2017, 02:11:35 PM

Litecoin was only around $3 2 months ago. I really cannot understand this sharp increase. I've read something that I've found on the internet while surfing on. It was saying the target is located at much higer point for LTC. Personally do not find it serious.

Every alt had some sharp move up LTC needed trigger and segwit gave it.
In rality that was not even needed in LTC.
BTC is mostly use ase store of value than paypal2.0 so even with high fees people can live.
If there won't be scaling solution then centralized solutions will come some BTC backed banks

shyliar

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Considering the investment in developing the Lightning Network I expect it to be in operation before the end of May. It will be interesting to see the Marketing deployed as that rolls out. What will make it really interesting is if some large retailers accept payments via the LN.

NavySeals

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Litecoin was only around $3 2 months ago. I really cannot understand this sharp increase. I've read something that I've found on the internet while surfing on. It was saying the target is located at much higer point for LTC. Personally do not find it serious.

JNN337

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I think it's going to rise, but how far - don't know.

Yesterdays BTC spike, dipped ltc 1/3. Today it was pumped more and BTC rise/Segwit "news" crashed the price by 1/6. I'm expecting this to rise by tomorrow (gmt)
And when I take look other popular coins then they have way higher prices, however different technologies. Eg. dash, eth - so why not ltc?

European Central Bank

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ltc never had scaling issues. and i don't see how they can interact properly and seamlessly unless they both have segwit.

i dunno how willing people would be to make their own ad hoc lightning network by converting a certain amount of btc to ltc.

it's now up to merchants and payment processors to get going with litecoin. it must be easy enough for coinbase. i'd like to see if bitpay do anything with it.

ridery99

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Let's talk about litecoin's future. After SegWit, what's next? Lightning Network?
http://www.coindesk.com/litecoin-successfully-activates-long-debated-segwit-upgrade/

Last time when BTC was $1100, LTC was $48 - Now BTC (with scaling issues, solved by LTC) is $1780 and LTC only $33.

What do you think? Tech and price.

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edit. update

Quote

Perhaps even more important, some prominent Bitcoin projects — like .NET Bitcoin library NBitcoin and wallet mSIGNA — announced to port their work to Litecoin now that it has enabled SegWit. Even more notable, Lightning Labs will roll out a version of their lightning network implementation on Litecoin, while ACINQ has tested their lightning software on the altcoin, too. Similarly, Bitcoin Core developer Johnson Lau, one of the authors of SegWit, has indicated that he will realize smart-contracting solution MAST on Litecoin.

https://bitcoinmagazine.com/articles/litecoin-has-now-deployed-segregated-witness/

Topic: Litecoin after SegWit - page 2. (Read 2151 times)