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Topic: LTC Segwit is over 70% (Read 12000 times)

full member
Activity: 210
Merit: 100
May 04, 2017, 09:31:03 AM

It is activated. I think the price will rise further.
I sure hope so.

It's currently looking like it's on an uptrend so I'm holding onto most of my Litecoin, but I did sell some of it because I'm still not convinced that this pump will continue.
newbie
Activity: 57
Merit: 0
May 02, 2017, 02:39:31 PM
More 1346 blocks signaling SegWit and it gets "locked_in" status in this activation period, we can get can SegWit activated in the next 18 days or so.

Hodl your hands!
I sure hope so. If SegWit is activated than I am sure we will all have a few extra bucks worth of LiteCoin.

It does really look like we’ll get SegWit, but then again those whales are tricky.

It is activated. I think the price will rise further.
sr. member
Activity: 504
Merit: 250
April 24, 2017, 11:11:22 AM
More 1346 blocks signaling SegWit and it gets "locked_in" status in this activation period, we can get can SegWit activated in the next 18 days or so.

Hodl your hands!
I sure hope so. If SegWit is activated than I am sure we will all have a few extra bucks worth of LiteCoin.

It does really look like we’ll get SegWit, but then again those whales are tricky.
legendary
Activity: 2786
Merit: 1031
April 24, 2017, 09:02:34 AM
More 1346 blocks signaling SegWit and it gets "locked_in" status in this activation period, we can get can SegWit activated in the next 18 days or so.

Hodl your hands!
hero member
Activity: 686
Merit: 500
April 23, 2017, 12:34:04 PM
Looking great now, last 24 hours the support was well over 95%. If it stays that way it will be accepted Smiley
copper member
Activity: 2898
Merit: 1464
Clueless!
April 23, 2017, 07:14:34 AM
Goodbye Asicboost for LTC  Undecided

Maybe Bitmain found a 'work around' ..in that I heard ASIC Boost is done at the "pool end' so no one would know.

Sure would explain the 'about face' better from Bitmain on Segregated Witness. (er I guess that is a hidden slam against Bitmain's motives thou) Sad

full member
Activity: 165
Merit: 100
April 23, 2017, 06:54:07 AM
75% is correct as the overall target to lock in segwit.  It's at about 72%.  The signalling for the last blocks need to maintain 81% or better to achieve 75%.

ANything under 80% and Jihan wins

Jihan also supports SegWit.
newbie
Activity: 25
Merit: 0
April 23, 2017, 06:07:30 AM
Goodbye Asicboost for LTC  Undecided
newbie
Activity: 25
Merit: 0
April 23, 2017, 05:47:45 AM
75% is correct as the overall target to lock in segwit.  It's at about 72%.  The signalling for the last blocks need to maintain 81% or better to achieve 75%.

ANything under 80% and Jihan wins
copper member
Activity: 2898
Merit: 1464
Clueless!
April 23, 2017, 05:23:47 AM
I'm trying to work out if he's actually got all those borrowed machines deployed to LTC or not.

He only needs to push it down to 80% atm and its all over



Hmmmm...I was under the impression 75% was what was needed....

NOT saying he could not do so..but WHY...he mined what 25% of the LTC hash rate for 1 month with
others peoples $$$ (say 1/2 of that hash was pre-orders)....he got his way on the agreement on block size increase...
and likely NOW that he went "to the light" he is probably selling more ASIC LTC machines then
he can keep up with..the grand plan also probably involved months before where he hoarded LTC
to dump at the right time (info is power)

as a diversify way to win/win/win I see no downside for Bitmain...for the next few months at least

On the other hand, he could just be so rich and so evil he has reached 'super villian' status
and just does not give a F*ck any more....(the let it all burn approach) Smiley

After this month, I'm flabbergasted.......so no clue on future madness by all involved
blindsided by all this ..and managed not to buy overprice asic equip by pure luck only....taking
a break (whew!)

newbie
Activity: 25
Merit: 0
April 23, 2017, 03:43:30 AM
I'm trying to work out if he's actually got all those borrowed machines deployed to LTC or not.

He only needs to push it down to 80% atm and its all over
copper member
Activity: 2898
Merit: 1464
Clueless!
April 23, 2017, 03:20:34 AM
If the miners stay above 81% (currently 89%) for the next 26 hrs then it's all green lights.


I expect Jihan to come in and smash it though!



Unless he gets other pools..then the big ones he had before it is unlikely....at this stage..imho
due to the direct relationship of this surge in LTC price ($15.30) connected it seems to them
all holding hands and resolving  with this seg witness annoucement ...to wrap this up.

He and Bitmain ..imho....would not have enough to stop seg witness my concern is he just KEEPS the pre-order
miners he used to stop seq witness (or try to) and just send everyone $$$ back that
he upsurped the last month....ack...I have 4 L3+'s May 5th batch ..that would suck....

Hell ...going full evil ...its what I'd do...maybe......you'd have to toss in a 'trophy wife' but I could be bought...

then again 75% of my scrypt pow LTC mining is ROI'd KNC Titans...so I'm conflicted.....on the other hand ..seems MAYBE my ass is covered if it goes either way

(seems like a lot of FUN to go full evil... BFL/KNC/Bitmain....they all seem such 'happy' evil souls when it works ) Sad

must resist......argggh.....................the dark asic side of the force......


hmmmm....thats a trap too......utterly confused on wtf is going on Smiley Mind can not function....

I"m sorry ...frigging $15.30 LTC has me completely befuddled...it will take me week
or so to accept the fact ...this is all not just a fevered asic dream Smiley

I mean it was $4.15 LTC less then 2 months ago right?Huh??

crypto always drama.....then trama



newbie
Activity: 25
Merit: 0
April 23, 2017, 01:04:18 AM
If the miners stay above 81% (currently 89%) for the next 26 hrs then it's all green lights.


I expect Jihan to come in and smash it though!
full member
Activity: 210
Merit: 100
April 20, 2017, 02:56:29 PM
Segwit is at 69%, prepare for some cheap coins everybody. Looks like the manipulators are still manipulating Sad, although I don’t think anybody didn't see that coming.
sr. member
Activity: 504
Merit: 250
April 20, 2017, 02:29:05 PM
Well, Litecoin SegWit is at 65%. I am honestly pretty surprised that it didn’t drop very much, but then again there were probably not many people expecting LiteCoin to pass SegWit on the first go.
full member
Activity: 299
Merit: 100
April 20, 2017, 01:27:16 PM

Where is the Litecoin leadership, and what are they saying? It looks like there is starting to be a lack of organization. What are their official plans for the currency? It does not appear That they can sustain 75% for not even a few days, so what is the plan? Are they just going to take it in the rear from Jihan Wu, or will they stand up to him and do something??? I see no official word anywhere. It doesn't look like a good sign.
full member
Activity: 210
Merit: 100
April 19, 2017, 11:45:40 AM
LTC slightly down right now. When will we see 12-13usd again?
We should probably see a 20$+ of LiteCoin if Segwit is activated, otherwise it'll probably only continue it's decline.
sr. member
Activity: 504
Merit: 250
April 19, 2017, 11:11:43 AM
LTC slightly down right now. When will we see 12-13usd again?
Potentially. LiteCoin will probably either get SegWit and we will see a big boost in Litecoin, or LiteCoin will crash and we will see a big dump. I guess we’ll see soon.
full member
Activity: 205
Merit: 100
April 19, 2017, 10:11:31 AM
WE need a frigging crypto version of Batman......no law out here in the ASIC wilderness.....

You could always go visit Jiyhann, Lucy style.


sr. member
Activity: 873
Merit: 268
April 19, 2017, 12:31:05 AM
LTC slightly down right now. When will we see 12-13usd again?

Look at the activation treshold progress and you'll find the answer: probably not too soon. It's going under $10 right now.. but I still believe it will rise one day and it will be unstoppable.

We will see +$15 as soon as Jihan will stop using the miners his customers would have received and Segwit will succeed. Until then... Nobody knows.

he is making miners to replace the miners he is using to stop seg witness we paid for...so 2 months down the line we will get miners..they
won't be the ones we ordered and difficulty will be 2x more then it is now

so hard to see how we are not gonna go to $4 ltc again..with bitmain doing a 'coup de ta' and turning LTC universe into Venezuela Sad

hope I'm wrong but not to damn optimistic...by killing LTC bitmain assures asic boost (33% edge) and ONLY real equip mnfg for scrypt and sha-256
so sacrificing LTC and killing the coin is a small price to pay to get all this ....with a power play to save where their real equip and money is made
bitcoin

LTC is say a rook in chess to sacrifice to win the bitcoin network game .cheakmate.small price to pay..and until it is down to $4 coin they are
taking the majority of the $$ in mining and equip so what the hell

I see NO downside for them on any of this ...ESPECIALLY if what I suspect is true....in that they have screwed all their customers from the largest
distributors (eastshore mining for example) down to the guy who got 1 L3+ to mine that they are keeping

they LIKELY imho will just go FU to all of scrypt miner to the public and just go private with their next generation of chips..like KNC did
so ...not even a way to slap back at them if they frigging just leave town

well played bitmain ...well played




WE need a frigging crypto version of Batman......no law out here in the ASIC wilderness.....

That meme made me laugh searing... also they been accumulating Litecoin from October 2016 - march 2017 before they announced L3+ in my rough calculation they accumulated over 1.2 million litecoins or little less which they sold off in the rally having a lot of investor holding them at current prices.

They converted those Litecoins probably to BTC or Ethereum, or some other Blockchain based stable Alt currency they can manipulate and control next. Even DASH, since they might come out with x11 based asic miner or just straight out buy BAIKAL since they have the money to pay for it.
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