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Topic: Segwit helping BTC (Read 1841 times)

full member
Activity: 434
Merit: 100
September 19, 2017, 10:08:38 PM
#51
Segwit also worked to speed up bitcoin transactions, anyway since the fork bitcoin went to 4800 worth.
So now the bitcoin price is stable at 3500 is a good time to invest and wait for November fork.
The closer we get to the November the fork the more I’m doubting it is going to happen, the miners may support themselves and they may have the support of big business but most people are not supporting such a fork and I think it is going to fail if they try it.
member
Activity: 98
Merit: 10
September 17, 2017, 08:36:02 AM
#50
Segwit also worked to speed up bitcoin transactions, anyway since the fork bitcoin went to 4800 worth.
So now the bitcoin price is stable at 3500 is a good time to invest and wait for November fork.
sr. member
Activity: 532
Merit: 255
September 17, 2017, 08:29:29 AM
#49
Hopefully, segwit helps bitcoin value back uphill. Because, we are all already optimistic that this year bitcoin will look stunning again.
full member
Activity: 434
Merit: 100
September 16, 2017, 04:43:41 PM
#48
Nobody uses SegWit on Litecoin. It was just the hype around the "SegWit-News".

SegWit wont help BTC in the short term. it will need months until everybody uses SegWit (Like Wallets etc.).

I hope LTC will be obsolete one day, when BTC managed to scale.

Don't hate on BTC's little crypto brother! While I don't see many use cases for LTC that BTC doesn't already cover, it's an incredibly useful testbed. Also it's always good to have a backup Smiley

I agree with everything else you say though. However I'm afraid that SegWit also won't help BTC in the long term, as 2nd layer solutions will be needed for that.
I agree with this, I do not know why but despite all the love bitcoin receives in the forum, it seems litecoin does not get a lot of recognition, litecoin is great for the simple reason that it give to us a backup in case bitcoin fails.

Do you really see litecoin as the bitcoin alternative? Litecoin itself is just a bitcoin clon. It has no special features compared with bitcoin.

I like it too, but I never think it in this way.
I think the fact that Litecoin is a bitcoin clone to be a good thing, until recently we did not knew if bitcoin was ever going to activate segwit at all and litecoin was able to pass it, so if everything fail then litecoin can adopt all of the new technologies we want in bitcoin before bitcoin and see if there is something wrong with it.
full member
Activity: 217
Merit: 100
September 09, 2017, 05:08:45 PM
#47
Nobody uses SegWit on Litecoin. It was just the hype around the "SegWit-News".

SegWit wont help BTC in the short term. it will need months until everybody uses SegWit (Like Wallets etc.).

I hope LTC will be obsolete one day, when BTC managed to scale.

Don't hate on BTC's little crypto brother! While I don't see many use cases for LTC that BTC doesn't already cover, it's an incredibly useful testbed. Also it's always good to have a backup Smiley

I agree with everything else you say though. However I'm afraid that SegWit also won't help BTC in the long term, as 2nd layer solutions will be needed for that.
I agree with this, I do not know why but despite all the love bitcoin receives in the forum, it seems litecoin does not get a lot of recognition, litecoin is great for the simple reason that it give to us a backup in case bitcoin fails.

Do you really see litecoin as the bitcoin alternative? Litecoin itself is just a bitcoin clon. It has no special features compared with bitcoin.

I like it too, but I never think it in this way.
full member
Activity: 434
Merit: 100
September 09, 2017, 04:55:15 PM
#46
Nobody uses SegWit on Litecoin. It was just the hype around the "SegWit-News".

SegWit wont help BTC in the short term. it will need months until everybody uses SegWit (Like Wallets etc.).

I hope LTC will be obsolete one day, when BTC managed to scale.

Don't hate on BTC's little crypto brother! While I don't see many use cases for LTC that BTC doesn't already cover, it's an incredibly useful testbed. Also it's always good to have a backup Smiley

I agree with everything else you say though. However I'm afraid that SegWit also won't help BTC in the long term, as 2nd layer solutions will be needed for that.
I agree with this, I do not know why but despite all the love bitcoin receives in the forum, it seems litecoin does not get a lot of recognition, litecoin is great for the simple reason that it give to us a backup in case bitcoin fails.
Why bitcoin will be fail i think its impossible to happen they are always have a backup for bitcoin every time they are doing something they are testing and save the backup so that if there is something wrong about the upgrade they can be upload the save just to fix and get bitcoin normal again..
So i think LTC will be forever altcoin ..
I’m not saying that bitcoin is going to fail, what I’m saying is that the possibility is there, we cannot ruled it out and in case that happens litecoin is there just in case, that way we do not have to start over once again.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
September 02, 2017, 06:52:34 PM
#45
Nobody uses SegWit on Litecoin. It was just the hype around the "SegWit-News".

SegWit wont help BTC in the short term. it will need months until everybody uses SegWit (Like Wallets etc.).

I hope LTC will be obsolete one day, when BTC managed to scale.

Don't hate on BTC's little crypto brother! While I don't see many use cases for LTC that BTC doesn't already cover, it's an incredibly useful testbed. Also it's always good to have a backup Smiley

I agree with everything else you say though. However I'm afraid that SegWit also won't help BTC in the long term, as 2nd layer solutions will be needed for that.
I agree with this, I do not know why but despite all the love bitcoin receives in the forum, it seems litecoin does not get a lot of recognition, litecoin is great for the simple reason that it give to us a backup in case bitcoin fails.
Why bitcoin will be fail i think its impossible to happen they are always have a backup for bitcoin every time they are doing something they are testing and save the backup so that if there is something wrong about the upgrade they can be upload the save just to fix and get bitcoin normal again..
So i think LTC will be forever altcoin ..
full member
Activity: 434
Merit: 100
September 02, 2017, 06:31:54 PM
#44
Nobody uses SegWit on Litecoin. It was just the hype around the "SegWit-News".

SegWit wont help BTC in the short term. it will need months until everybody uses SegWit (Like Wallets etc.).

I hope LTC will be obsolete one day, when BTC managed to scale.

Don't hate on BTC's little crypto brother! While I don't see many use cases for LTC that BTC doesn't already cover, it's an incredibly useful testbed. Also it's always good to have a backup Smiley

I agree with everything else you say though. However I'm afraid that SegWit also won't help BTC in the long term, as 2nd layer solutions will be needed for that.
I agree with this, I do not know why but despite all the love bitcoin receives in the forum, it seems litecoin does not get a lot of recognition, litecoin is great for the simple reason that it give to us a backup in case bitcoin fails.
hero member
Activity: 737
Merit: 500
September 02, 2017, 01:38:13 PM
#43
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

After the fork, although the segwit has been moved, it also pushed the bitcoin to a higher value. This shows that bitcoin is completely capable of development as any other currency.
It seems the mentality of trader happy after receive a huge money from Bitcoin Cash.
Because after take profit from free money, they will buy altcoin or simple transfer to Bitcoin again and holding for continue the ride.
hero member
Activity: 1134
Merit: 517
September 02, 2017, 09:12:49 AM
#42
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?
Well it already is helping BTC a bit, and the plan of segwit was to help BTC all along so yes it will help BTC. Now already the transaction fees have lowered. But I think it's still too soon to decide if segwit is helping or not.
Segwit implementation on Litecoin was a lab test for Bitcoin and successfully activation left no one doubt, it was the path to take Bitcoin. The scaling turned from what to do, to how to implement Segwit. Yesterday both Litecoin and Bitcoin were at their best, making new ATHs. But for the possibility of the hard fork aspect of Segwit2x billed for November, would have sufficed to say the lunar trip is finally here.

Lowering of transaction fees and confirmation time are some of the attributes Segwit is bringing on board, it however would not be automatic.
full member
Activity: 564
Merit: 100
August 31, 2017, 01:40:43 PM
#41
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

After the fork, although the segwit has been moved, it also pushed the bitcoin to a higher value. This shows that bitcoin is completely capable of development as any other currency.
hero member
Activity: 1050
Merit: 529
August 31, 2017, 03:28:15 AM
#40
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?
Well it already is helping BTC a bit, and the plan of segwit was to help BTC all along so yes it will help BTC. Now already the transaction fees have lowered. But I think it's still too soon to decide if segwit is helping or not.
hero member
Activity: 588
Merit: 500
August 31, 2017, 03:04:12 AM
#39
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

Bitcoin has gone up a lot already, from $400 to $4600.

I don't expect the activation of segwit to negatively impact the price of bitcoin. I do think that it's probably going to drive bitcoin over the $5k mark in the next few weeks(given Segwit2x goes well, of course), however i wouldn't expect as big pumps as we have seen before.

Maybe another $1-2k pump, and the price will adjust.

Inside a bubble everything looks super nice, just remember that this is probably a bubble and it'll collapse eventually.
sr. member
Activity: 1148
Merit: 251
August 31, 2017, 03:00:48 AM
#38
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?
It already helped bitcoin, people are very happy with the upgrade in the network and the market cap has gone up all this month, so yes segwit helped the price of bitcoin.
This is what I believe though it helped bitcoin as it is now. As the bitcoin value now is becoming increasing and stronger. Then most holders are enjoying their profit.
full member
Activity: 434
Merit: 100
August 31, 2017, 12:45:37 AM
#37
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?
It already helped bitcoin, people are very happy with the upgrade in the network and the market cap has gone up all this month, so yes segwit helped the price of bitcoin.
legendary
Activity: 1288
Merit: 1000
August 30, 2017, 01:04:38 PM
#36
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?
You are right with SegWit for Litecoin - it boosted its price and rating of Litecoin - and LTC doesn't even need scaling upgrade nor SegWit that much.
Secondly, we don't have Lightning Network implemented and we won't have for a very long time.
Additionally, SegWit is not working properly without every device, wallets and basically everything which is not blockchain itself supporting it. It is placebo effect right now.
legendary
Activity: 1008
Merit: 1000
August 30, 2017, 12:55:14 PM
#35
Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?
SegWit just is a part of the scenario pump the price of Litecoin on crypto market. In my opinion, the main reason helps Litecoin increase up is Bitmain and other service want sell hardware Asic mining with high price, you also see after pumped Litecoin, have many order buy L3+ in that time.
sr. member
Activity: 256
Merit: 250
The Experience Layer of the Decentralized Internet
August 30, 2017, 11:46:47 AM
#34
we have just postponed the blocksize problem, because despite we are all hurrying behind segwit, we have just achieved only a part for a massive adoption of btc. blocksize will be again a problem and already we have high (TO HIGH) tx fees. so probably segwit helping btc in these days but in long run we can't see any "real" result.
there might be more segwit that will happen. It's a continuous process since almost everyday,there's an additiinal users that adds in btc demands to increase it's value. I think segwit can always help btc to support btc abilities.

other segregated withness? what you need to hide more? and even this solution how much space could provide to blockchain?
The really obstacle (as I can understand) is the block size. Even if btc would compete against industry of payment (like credit card, paypal and so on) need to process more tx with each block. Or btc could be adopted in another manner, (like off-chain and so on...) or other altcoins.

Just with the segwit implementation the growth took place abrupt, and this has lead to solve several issue starting from transaction fee, the block size issue as well the growth. Also when the segwit was to take effect every users were in panic whether the price peaking happens or not, but to the panic people got a positive response with the price increasing higher. Hope the same will happen in the upcoming days of segwit.

Tx fees are already bigger as usually. Block size was resolved ? How? 

Yes people is not anymore in panic, we have changed with this softfork btc! But what's next BIP?
hero member
Activity: 2310
Merit: 532
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August 30, 2017, 10:58:50 AM
#33
we have just postponed the blocksize problem, because despite we are all hurrying behind segwit, we have just achieved only a part for a massive adoption of btc. blocksize will be again a problem and already we have high (TO HIGH) tx fees. so probably segwit helping btc in these days but in long run we can't see any "real" result.
there might be more segwit that will happen. It's a continuous process since almost everyday,there's an additiinal users that adds in btc demands to increase it's value. I think segwit can always help btc to support btc abilities.
Just with the segwit implementation the growth took place abrupt, and this has lead to solve several issue starting from transaction fee, the block size issue as well the growth. Also when the segwit was to take effect every users were in panic whether the price peaking happens or not, but to the panic people got a positive response with the price increasing higher. Hope the same will happen in the upcoming days of segwit.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
August 29, 2017, 09:07:42 PM
#32
we have just postponed the blocksize problem, because despite we are all hurrying behind segwit, we have just achieved only a part for a massive adoption of btc. blocksize will be again a problem and already we have high (TO HIGH) tx fees. so probably segwit helping btc in these days but in long run we can't see any "real" result.
there might be more segwit that will happen. It's a continuous process since almost everyday,there's an additiinal users that adds in btc demands to increase it's value. I think segwit can always help btc to support btc abilities.

It can create more adoption and awareness of this coin, and Segwit is one of the most awaited event by speculators since I think majority of people believes that there's certain good thing will be happen on these days that's why we can see the domino effect of the price when BTC lock it. And for now we should expect more pump since I really think that we can earn more money by this time.
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