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Topic: Litecoin SegWit is Locked In - page 6. (Read 8689 times)

legendary
Activity: 1652
Merit: 1088
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April 18, 2017, 09:05:48 AM
#25
According to the following they're at 63.8% in the last 24 hours:

http://litecoin-segwit.info/

which is not great, but still retrievable.
legendary
Activity: 1610
Merit: 1183
April 18, 2017, 08:57:01 AM
#24
Still a long way to go, 10 days or 2 weeks depending on the hashrate. Anything can go wrong at any second. It peaked at 0.0019 satoshis today, and now, 0.0098 satoshis, im glad that I didn't buy, maybe we can buy back cheaper.
Your numbers are a little off: it peaked at .0107 and sits at .00985. Things are just getting started, much higher numbers coming.

I misplaced a zero, I meant to say .019, and as expected the price is going down because Jihan Wu is screwing up investors again with his anti-segwit policy. Thought luck for those still holding LTC. Only way is down now and who knows how low it will go.
legendary
Activity: 910
Merit: 1000
April 18, 2017, 08:34:58 AM
#23
The price may go up because of it. I personally hope that the coin goes down in value so I could purchase a bunch of it.
Yes, litecoin price is increasing trend up today and it will be more going up because of the activation of segwit on litecoin will happen, it is good news and innovations for litecoin.
You don't hope that the litecoin's price goes down, usually there is time to correction of price and you can buy litecoin on there, that is good time to buy litecoin because litecoin's price will goes down little.
hero member
Activity: 771
Merit: 521
April 18, 2017, 08:26:04 AM
#22
Litecoin will be added to the Blocknet Decentralised Exchange TODAY!

https://bitcointalk.org/index.php?topic=829576.6680
hero member
Activity: 532
Merit: 500
April 18, 2017, 08:17:58 AM
#21
So it seems it won't activate. jihanwu will stop segwit with the miners he was supposed to sell, so he delayed preorders and now he mines with the already "sold" equipment. 63% atm and dropping https://www.litecoinpool.org/pools
Supporting segwit on litecoin would harm his anti segwit position on BTC so that's why he's so adamant to stop it. I don't see how LTC can have segwit activated with 75% because bitmain has no competition in building asics.

USAF can't be done without 51% of mining power, preferably 75-80% for safety. And a POW change to dagger-hashimoto, aka asic resistant, something ethereum uses, would be dangerous because then charlie lee would have to fight every chinese miner aswell.
legendary
Activity: 1652
Merit: 1088
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April 18, 2017, 07:50:07 AM
#20
So if it spends 24 hours at 68% what are the implications ?
Seems like walking on egg shells at the moment.
The potential of what activation could mean if only people would wake up !
Happy to ditch BTC any day for some forward progress.

It'll need to go above 80% for a bit to make up for it in order to hit the target.
legendary
Activity: 2100
Merit: 1167
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April 18, 2017, 07:43:14 AM
#19
Good to see this happening. I do not think the activation will take the currency to fifty dollars or something, but the important thing is the benefits this will bring to the ecosystem, and to Bitcoin, of course.

I think if lightening gets implemented too then it will be bigger than many think.

Segwit for coins that nobody uses much is not a big deal but segwit and LN for ltc that is going to be much more of a big deal i think.

We will wait and see.
newbie
Activity: 11
Merit: 0
April 18, 2017, 07:23:45 AM
#18
Good to see this happening. I do not think the activation will take the currency to fifty dollars or something, but the important thing is the benefits this will bring to the ecosystem, and to Bitcoin, of course.
hero member
Activity: 1470
Merit: 655
April 18, 2017, 06:48:36 AM
#17
Happy to ditch BTC any day for some forward progress.

lol, we have all been so hyped up for litecoin because of SegWit but it is not magically going to become a good enough coin to leave bitcoin for!

If not bitcoin then ETH will have it own version LN - Bitcoin miners won't stop technology Cheesy...
ohhhw they can stop their profits by giving they profits to ETH miners now they get all most same $$$$

i'd rather use litecoin or even Dogecoin instead of eth with a huge ICO which everything about it is centralized. whenever i decided i want centralization i go to the banks and use fiat happily.

legendary
Activity: 2856
Merit: 1024
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April 18, 2017, 05:53:26 AM
#16
All in all what is it good for ? Litecoin was meant to be 4 times quicker than Bitcoin anyway to address the slow transaction problems Bitcoin has from time to time........

Whether SegWit adds more speed or not, SegWit offers developers a way in to add a multitude of transactional tricks, this is of more interest for many than speed of Lightening which it doesn't really need right now however if you watched the presentation by Charlie Lee he offered some use case in combination with Bitcoin.
Although the specific working numbers of LiteCoin do not match Bitcoin I see it as similar to Bitcoin as a solution handed out on a plate for all those who want an immediately cheaper, fast, programmatic system that could thrash VISA transactions.
LiteCoin has almost clinched the deal on having something Bitcoin desperately needs.
I've never checked the transaction speed, maybe it is 4x faster but really, to be something to compete with VISA 4x wont cut the mustard.

litecoin is 4x faster because the block tiem is 2.5 of what is bitcoin, if you reduce the block tiem to 1 minute you get more capacity, it's like you have the block at 10MB, because you have confirmation faster and can handle more transaction in the same time as bitcoin, now can you share what are those tricks that segwit can brign to bitcoin?
legendary
Activity: 1302
Merit: 1002
April 18, 2017, 05:47:28 AM
#15
***it is a check to see how SegWit and LN would work on bitcoin. ***

If not bitcoin then ETH will have it own version LN - Bitcoin miners won't stop technology Cheesy...
ohhhw they can stop their profits by giving they profits to ETH miners now they get all most same $$$$

legendary
Activity: 1372
Merit: 1032
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April 18, 2017, 04:59:53 AM
#14
Still a long way to go, 10 days or 2 weeks depending on the hashrate. Anything can go wrong at any second. It peaked at 0.0019 satoshis today, and now, 0.0098 satoshis, im glad that I didn't buy, maybe we can buy back cheaper.

what, 0,0019 sat ? when litecoin price hit this point ?
are you serious about this,, i think your typo is wrong or forget to delete one 0 (zero)

regards

well if you had an investment then you would have known and you should have cared, and if you didn't have any litecoin then why would you even care Smiley
besides you can always open a chart and check for yourself. what he said is simply a type with a misplaced zero. price went up to 0.0109BTC (0.01085BTC on polo)

All in all what is it good for ? Litecoin was meant to be 4 times quicker than Bitcoin anyway to address the slow transaction problems Bitcoin has from time to time........

it fixes malleability problem and then it also opens up way for lightening network.
but most important of all, it is a check to see how SegWit and LN would work on bitcoin. how the network and miners are going to be affected by this and a lot more. then eventually lead to a more definite decision on bitcoin.
newbie
Activity: 37
Merit: 0
April 18, 2017, 04:31:22 AM
#13
All in all what is it good for ? Litecoin was meant to be 4 times quicker than Bitcoin anyway to address the slow transaction problems Bitcoin has from time to time........

Whether SegWit adds more speed or not, SegWit offers developers a way in to add a multitude of transactional tricks, this is of more interest for many than speed of Lightening which it doesn't really need right now however if you watched the presentation by Charlie Lee he offered some use case in combination with Bitcoin.
Although the specific working numbers of LiteCoin do not match Bitcoin I see it as similar to Bitcoin as a solution handed out on a plate for all those who want an immediately cheaper, fast, programmatic system that could thrash VISA transactions.
LiteCoin has almost clinched the deal on having something Bitcoin desperately needs.
I've never checked the transaction speed, maybe it is 4x faster but really, to be something to compete with VISA 4x wont cut the mustard.
member
Activity: 66
Merit: 10
You had me at thanks...
April 18, 2017, 03:54:49 AM
#12
All in all what is it good for ? Litecoin was meant to be 4 times quicker than Bitcoin anyway to address the slow transaction problems Bitcoin has from time to time........
member
Activity: 96
Merit: 10
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April 17, 2017, 11:19:39 PM
#11
Still a long way to go, 10 days or 2 weeks depending on the hashrate. Anything can go wrong at any second. It peaked at 0.0019 satoshis today, and now, 0.0098 satoshis, im glad that I didn't buy, maybe we can buy back cheaper.

what, 0,0019 sat ? when litecoin price hit this point ?
are you serious about this,, i think your typo is wrong or forget to delete one 0 (zero)

regards

I think he meant LTC/BTC rate is 0.0019. Of course the price could never be below 1 Satoshi
full member
Activity: 327
Merit: 100
April 17, 2017, 09:59:56 PM
#10
Still a long way to go, 10 days or 2 weeks depending on the hashrate. Anything can go wrong at any second. It peaked at 0.0019 satoshis today, and now, 0.0098 satoshis, im glad that I didn't buy, maybe we can buy back cheaper.

what, 0,0019 sat ? when litecoin price hit this point ?
are you serious about this,, i think your typo is wrong or forget to delete one 0 (zero)

regards
hero member
Activity: 774
Merit: 500
Look ARROUND!
April 17, 2017, 09:53:46 PM
#9
The price may go up because of it. I personally hope that the coin goes down in value so I could purchase a bunch of it.
hero member
Activity: 728
Merit: 500
April 17, 2017, 09:25:41 PM
#8
This is an exciting time for litecoin and the community. Here is a question for all of you. If Segwit in bitcoin does not activate will the bitcoin developers who planned on setting up a Lightning Network work on a Segwit activated litecoin? Will they bring all their research and technology so that they will be of use?

https://twitter.com/SatoshiLite/status/852618190655860737
legendary
Activity: 3192
Merit: 1509
April 17, 2017, 09:14:52 PM
#7
This is an exciting time for litecoin and the community. Here is a question for all of you. If Segwit in bitcoin does not activate will the bitcoin developers who planned on setting up a Lightning Network work on a Segwit activated litecoin? Will they bring all their research and technology so that they will be of use?
legendary
Activity: 1288
Merit: 1087
April 17, 2017, 06:34:05 PM
#6
it's gonna be a bumpy ride. there's massive extra hashrate being flashed around. you'd be naive to think it's already in the bag.
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