Litecoin is officially dead - page 47.

lightfoot

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Quote from: BitFinnese on April 15, 2017, 07:17:59 PM

Quote from: spatifilium on April 15, 2017, 02:39:52 PM

I think the price now stabilized from 10 to 12 $, a lot of people are angry due to high fees for transactions with BTC and look for another alternative and it could be the LTC so that the price could still could rise and if demand increases

Bitcoin users will not look for alternative, the main reason is that the site they are using does not accept LTC, so what is the point of shifting to LTC if it is not accepted elsewhere?

I guess this segwit activation will further increase the price of LTC. Remember after Segwit, there are lots of application to be added to LTC that is supposed to be for Bitcoin. This will create hype and couple with some pump = bullish LTC in steroid.

True, however most bitcoin ATMs for example can be easily programmed for Litecoin. One big problem with BTC is if you're trying to pay a hooker in Vegas do you really want to wait 10 minutes for your transaction to maybe confirm? You want a nice quick settlement so you can go out and get a burger at the Luxor.

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Quote from: spatifilium on April 15, 2017, 02:39:52 PM

I think the price now stabilized from 10 to 12 $, a lot of people are angry due to high fees for transactions with BTC and look for another alternative and it could be the LTC so that the price could still could rise and if demand increases

Bitcoin users will not look for alternative, the main reason is that the site they are using does not accept LTC, so what is the point of shifting to LTC if it is not accepted elsewhere?

I guess this segwit activation will further increase the price of LTC. Remember after Segwit, there are lots of application to be added to LTC that is supposed to be for Bitcoin. This will create hype and couple with some pump = bullish LTC in steroid.

shyliar

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Quote from: pereira4 on April 15, 2017, 09:35:37 AM

http://litecoinblockhalf.com/segwit.php

Currently it's at the edge of activation, I think it will go below 75% in a block variance event and the counter is reset back to 0 since as far as I know the signaling must be continued.

More hashrate is needed again, because of Jihan's anti-segwit signaling.

As long as 75 percent of blocks in a 8064 block activation period (6048 blocks) are mined as segwit blocks, segwit locks in. The counter does not reset as you think if it temporarily dips below 75 percent.

spatifilium

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I think the price now stabilized from 10 to 12 $, a lot of people are angry due to high fees for transactions with BTC and look for another alternative and it could be the LTC so that the price could still could rise and if demand increases

jjacob

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Quote from: pereira4 on April 15, 2017, 09:35:37 AM

http://litecoinblockhalf.com/segwit.php

Currently it's at the edge of activation, I think it will go below 75% in a block variance event and the counter is reset back to 0 since as far as I know the signaling must be continued.

More hashrate is needed again, because of Jihan's anti-segwit signaling.

We have to sustain this over a much longer period, before Segwit does get activated.
The positive is that even if the counter is reset, and the hashing power is over 75%, eventually it will be sustained for the required 6048 out of 8064 blocks.

pereira4

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http://litecoinblockhalf.com/segwit.php

Currently it's at the edge of activation, I think it will go below 75% in a block variance event and the counter is reset back to 0 since as far as I know the signaling must be continued.

More hashrate is needed again, because of Jihan's anti-segwit signaling.

azguard

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Quote from: Instamined on April 14, 2017, 12:02:53 PM

If / when (even if UASF is required) Segwit is activated Litecoin will have a monumental increase.

The problem is right now everyone is banking on the increase and the sell walls are too large for a whale to tackle without the gurantee of segwit. We will likely revisit last weeks lows at least once before the soft fork locks in.

Lot of people here talked of it that LTC is dead and finally here is the proof that lite is not dead and that he is far from it. He still have everything that one coin need to so in future he will have all the good of crypto and good support.

Instamined

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woah that's a lot of money

If / when (even if UASF is required) Segwit is activated Litecoin will have a monumental increase.

The problem is right now everyone is banking on the increase and the sell walls are too large for a whale to tackle without the gurantee of segwit. We will likely revisit last weeks lows at least once before the soft fork locks in.

monsanto

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..like bright metal on a sullen ground.

Quote from: monsanto on April 07, 2017, 02:24:56 PM

Quote from: Searing on April 07, 2017, 01:18:54 PM

Quote from: Geraldo on April 07, 2017, 12:54:34 PM

The fuck happened to litecoin? Is segwit dead? What happened while i was asleep?

F2 pool said it was not, as they prev said going to do seg witness. Market
Freaked. Charlie lee talked to the head guy at pool. Seems fixed now. Google it

Talk about manipulating a market cause you can skunk the coin.

Thus btc whale games come to ltc. Thus people are as disappointed as if the
Pope farted in church.

Reality of big price power games has consequences on adoption and price

FUD

https://www.reddit.com/r/btc/comments/63uus4/f2pool_ive_to_reconsider_segwit_on_ltc_it_makes/

FIX

https://www.google.com/amp/s/amp.reddit.com/r/litecoin/comments/63vjp4/f2pool_segwit_oktweet_proof_from_charlie_lee/

Good to know! Now that F2pool has closed their short they can go long again and adopt segwit. Of course someone else might decide they need a little more ltc or usd before the next push up, put in a short to accumulate funds, and say they want to think it over a little longer too Tongue

Shocker, it looks like this is what's happening... miners jerking everyone around so they can manipulate the market for maximum profits. Side note: I'd be curious to see Nakamoto's thoughts on market manipulation by drama like this, if he ever discussed that.

Quote from: FOMOFish on April 14, 2017, 05:05:44 AM

Quote from: ?? on ??

Quote from: papajamba on April 14, 2017, 12:44:29 AM

So after 2 weeks that segwit activates for ltc, will there be a substantial jump in terms of clients using ltc thus rise in value?

Not really. Segwit gets activated, and tested, and new apps developed and build upon it - it will be the new test bed for scaling Bitcoin!

LTC will remain silver to Bitcoin gold ...

Ltc will pump in the short term. When any cryptocurrency has this much hype and attention for so long, a strong pump is very possible. Despite miner drama, ltc has held a 90k+ range for the past few days and even if it reaches lower support level over the proceeding weeks while segwit is implemented, any dips should be seen as a buying opportunity. Ltc has been a stable coin relative to other cryptos, with consistant volume backed by the chinese and even if some chinese miners attempt to sabotage ltc UASF will activate segwit. Dont underestimate ltc volume or its community. Strong support imho. I am targeting $20-30 for this year.

The other thing to consider is core has a strong incentive to pump ltc during and after segwit adoption. For example, lets say ltc fully implements segwit successfully, do you think it would look good for core if the price then crashed? Core folks are already pointing at LTC price and saying "see! see! people want segwit.. it's good for the price!" Well, obviously this narrative isn't possible if the price doesn't pump impressively. And my guess is whales aligned with core have the means to do it.

FOMOFish

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Quote from: ?? on ??

Quote from: papajamba on April 14, 2017, 12:44:29 AM

So after 2 weeks that segwit activates for ltc, will there be a substantial jump in terms of clients using ltc thus rise in value?

Not really. Segwit gets activated, and tested, and new apps developed and build upon it - it will be the new test bed for scaling Bitcoin!

LTC will remain silver to Bitcoin gold ...

Ltc will pump in the short term. When any cryptocurrency has this much hype and attention for so long, a strong pump is very possible. Despite miner drama, ltc has held a 90k+ range for the past few days and even if it reaches lower support level over the proceeding weeks while segwit is implemented, any dips should be seen as a buying opportunity. Ltc has been a stable coin relative to other cryptos, with consistant volume backed by the chinese and even if some chinese miners attempt to sabotage ltc UASF will activate segwit. Dont underestimate ltc volume or its community. Strong support imho. I am targeting $20-30 for this year.

papajamba

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So after 2 weeks that segwit activates for ltc, will there be a substantial jump in terms of clients using ltc thus rise in value?

fitty

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Quote from: timk225 on April 14, 2017, 12:18:11 AM

Good thing I only paper traded Litecoin (see my post on the last page, page 114 on my pc).

If I had bought real LTC, I'd have bought near the peak, and I'd be super pissed right now.

So I am mildly happy now.

Following the trend doesn't always causes good thing. Especially if you buys when its price pumps. Litecoin is mainly used in gambling casinos nowadays so I think its price will soon regain its previous price since it has its uses. It is normal to the crypto- coins to stiff pump or dump its price due to some manipulation happening in the market but will regain its price in time. So just wait for it.

timk225

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Good thing I only paper traded Litecoin (see my post on the last page, page 114 on my pc).

If I had bought real LTC, I'd have bought near the peak, and I'd be super pissed right now.

So I am mildly happy now.

alani123

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Many people are cheering for litecoin for it proporting to adopt a technology developed Bitcoin. It now experiences a price fall of almost 7% after the market correntd from the news break out. The fact that litecoin could essentially become an extended testnet doesn't mean that it has any real world use other than being another alt.

BitcoinHeroes

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Every coin dies but does not die litecoin Cheesy

I am very serious. I think one day litecoin will come where it really deserves

Visin

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Quote from: CoinHoarder on April 06, 2017, 01:57:52 PM

The wait is pretty cruel to chickunz.
I want the price to go up though I kind of don't care if it does or not...mixed feelings.

I just want to watch the chart to see how this whole SegWit thing works with the price of Litecoin.

samasas

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Quote from: sidhujag on April 07, 2017, 06:55:27 PM

Quote from: thejaytiesto on April 07, 2017, 06:02:04 PM

Quote from: sidhujag on April 07, 2017, 11:07:46 AM

Perhaps we head back to under 1 dollar target now

I doubt it will fall that long. I think it may keep failing for the time being because being at around 67-70% of hashrate has lost his shock value. Coinbase news also are already priced in it seems since i see no reaction. We need something new. Next push will be 75% segwit reached I guess. Until then it's anybody's guess how low it will go.

Market will always be irrational longer than you will remain solvent. It will go lower than most ppl think if this is a true bull otherwise i think its a bearish pnd

In the short term, the litecoin price could rise.

sidhujag

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Quote from: thejaytiesto on April 07, 2017, 06:02:04 PM

Quote from: sidhujag on April 07, 2017, 11:07:46 AM

Perhaps we head back to under 1 dollar target now

I doubt it will fall that long. I think it may keep failing for the time being because being at around 67-70% of hashrate has lost his shock value. Coinbase news also are already priced in it seems since i see no reaction. We need something new. Next push will be 75% segwit reached I guess. Until then it's anybody's guess how low it will go.

Market will always be irrational longer than you will remain solvent. It will go lower than most ppl think if this is a true bull otherwise i think its a bearish pnd

thejaytiesto

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Quote from: sidhujag on April 07, 2017, 11:07:46 AM

Perhaps we head back to under 1 dollar target now

I doubt it will fall that long. I think it may keep failing for the time being because being at around 67-70% of hashrate has lost his shock value. Coinbase news also are already priced in it seems since i see no reaction. We need something new. Next push will be 75% segwit reached I guess. Until then it's anybody's guess how low it will go.

European Central Bank

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Quote from: Searing on April 07, 2017, 01:18:54 PM

Thus btc whale games come to ltc. Thus people are as disappointed as if the
Pope farted in church.

Reality of big price power games has consequences on adoption and price

anyone who thinks litecoin, or any alt for that matter, will somehow leave behind bitcoin's troubles simply because it's not bitcoin is in for a rude awakening when they start to cross the usual radars.

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