Once Lightning Network is broadly available, Bitcoin will skyrocket again - page 2.

pawel7777

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Quote

Once Lightning Network is broadly available, Bitcoin will skyrocket again

How so? Can you, or anyone else, explain how LN will make the price skyrocket? How will you use bitcoins once LN is ready and what prevents you from doing that right now.

Does LN bring any ground-braking use-cases that will create enormous demand?

If there's nothing more than just cheap and fast transactions, then the future looks bleak for LN.

blocklancer8

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ye hope this soon happen to bitcoin and other coins as well, because i have some coins that i still hold. nothing is impossible for bitcoin to rise again and people will be optimistic again to him.

Mia Wallace

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The lightning network is seen growing in the crypto space . BTC is a peer to peer electronic cash system introduced by Satoshi Nakomoto by the year 2009 and it should be able to handle large amount of transactions without any delay and without transaction fees all over the world ,Among all cryptocurrencies Bitcoin price depends on the demand for Bitcoin since the demand increased previous year the price of Bitcoin hiked unimaginably.The lightning network can regain the lost ground in the market place,

melted349

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Quote from: steampunkz on July 12, 2018, 01:37:42 AM

Quote from: Prayservice Thomas on July 11, 2018, 08:38:38 PM

Just think about the possibilities, this will make look december 2017 like nothing.

Its incredible when talking with no-coiners, how they seem to not understand what will happen in the close future.
Now they are like "i dont need bitcoin" and once the bullrun is in full motion they will be like "i should have bought before".

Oh well i guess this is old news to the veterans here, but i still wanted to bring it here.

Also im curious on what this will do to altcoins like litecoin, their strenght is the faster and cheaper transaction. Bitcoin will have these strenghts then too.

Some other says that bitcoin will recover again and will skyrocket to 20- 25k dollars before the end of the year, Meaning it will take more months for bitcoin recover again. I hope the prediction is right. But still, 6k$ of bitcoin is good for me as of now.

What is the meaning that you saying that it's a good for you as of now? Or this is your opportunity to buy bitcoin in a lower price? Yes that's right most of people here are saying that before the end of the year it will recover and will be more expensive. Lighting network can be affect the price of bitcoin to rise, well let see what will happen in this coming few months.

NeuroticFish

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Speculation doesn't care too much of the development, as long as there's one. Lightning Network sounds great, but there's still a lot of work to be done to see it a stable network everybody can use.
Let's hope that Bitcoin will recover before LN, okay?

zenrol28

copper member

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When will it be? I don't think it will just happen instantly. There will be process for this LN to become usable globally.

Why do care with the no-coiners? Let them stick to what they believe.

Since bitcoin is open source program, probably these alt coins can also adopt the LN. It's just whoever will become successful in implementing LN.

steampunkz

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Quote from: Prayservice Thomas on July 11, 2018, 08:38:38 PM

Just think about the possibilities, this will make look december 2017 like nothing.

Its incredible when talking with no-coiners, how they seem to not understand what will happen in the close future.
Now they are like "i dont need bitcoin" and once the bullrun is in full motion they will be like "i should have bought before".

Oh well i guess this is old news to the veterans here, but i still wanted to bring it here.

Also im curious on what this will do to altcoins like litecoin, their strenght is the faster and cheaper transaction. Bitcoin will have these strenghts then too.

Some other says that bitcoin will recover again and will skyrocket to 20- 25k dollars before the end of the year, Meaning it will take more months for bitcoin recover again. I hope the prediction is right. But still, 6k$ of bitcoin is good for me as of now.

xindoa

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i don't think it will skyrocket immediatly but i hope it does. we need a new inflow of money to get going again. bear marking can still hold on for a while lets hope end of year is even better then last year.

Kakmakr

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The Lightning Network will forever change the scaling limitations that Bitcoin had in the past. It is already taking momentum and a lot of Software developers are writing new and very innovative applications that are based on the LN.

Alt coins like LiteCoin will still survive, because it is very similar to Bitcoin. Some of the other Alt coins like Bitcoin Cash will fade away, because it did not implement SegWit and it has huge scaling problems that cannot be solved with bigger Block sizes.

Other Alt coins like Dash and Monero with better anonymity features will also survive, because they have a specific target market. Roll Eyes

pooya87

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bitcoin will skyrocket again before Lightning Network is broadly adopted, then it will skyrocket again when LN is adopted.... that will take years. it is not something that can happen in a couple of months. but the bitcoin rally can come a lot sooner than that. we have already hit the bottom, you can't expect price to stay at the bottom for years!

Quote from: bitmover on July 11, 2018, 09:05:31 PM

It will probably make the money move from the altcoins to bitcoin. Specially BCH lol

i disagree, the money that is in altcoins will remain there because the reason why it is there is to make profit. that money is mostly bitcoin. in other words people are investing their bitcoins in pump and dumps shitcoins like BCH, ETH, XRP, DASH,... to earn more bitcoin. even newbies who are losing money there are there because of the hope of the profit and the false promises.

hatshepsut93

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Lightning is mostly already priced in, and some part of the last year's growth can be attributed to SegWit and Lightning progress, as they demonstrate that Bitcoin keeps improving, despite the false claims of altcoiners that it's "outdated" and "broken". Lightning's development is a pretty public process, so some very savvy investors will be buying more and more as Lightning gets closer and closer to official release, so don't expect a huge price surge during the event, it will most likely be just a small bump, like it happened with the halvening. After that the growth of LN and its user will be contributing to the price growth, but it will be a slow and steady process.

bitmover

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It will probably make the money move from the altcoins to bitcoin. Specially BCH lol

But I don't think we will hit more than 20k soon...

Prayservice Thomas

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Just think about the possibilities, this will make look december 2017 like nothing.

Its incredible when talking with no-coiners, how they seem to not understand what will happen in the close future.
Now they are like "i dont need bitcoin" and once the bullrun is in full motion they will be like "i should have bought before".

Oh well i guess this is old news to the veterans here, but i still wanted to bring it here.

Also im curious on what this will do to altcoins like litecoin, their strenght is the faster and cheaper transaction. Bitcoin will have these strenghts then too.

Topic: Once Lightning Network is broadly available, Bitcoin will skyrocket again - page 2. (Read 380 times)