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. 
Topic: Segwit helping BTC - page 2. (Read 1841 times)
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.
Coinbase add is what got ltecoin to $61, not segwit. 
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?
Litecoin has surged because people are using it to move money to avoid bitcoin fees. Nothing to do with segwit (no-one uses segwit on the litecoin network).
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Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.
If we think according to how Litecoin spiked from 5 to 65 in a matter of time after the activation of SegWit then Bitcoin should also see a minimum of 50k this year or till the end of next year itself but everything is hypothetical and so results will differ for sure. But it can be seen that the number of unconfirmed transactions decreased gradually and the speed of the network is taking off once again making me feel like it's the rebirth of Bitcoin - kinda Bitcoin 2.0 or Bitcoin Transforming Clash (BTC). 
Sole thing that's scary atm is the fee these wallets are charging but (few) exchanges are still fine with it. I hope that once everything settles completely and all the miners have SegWit adopted and implemented, we might see some huge drops in fee amounts.
Sole thing that's scary atm is the fee these wallets are charging but (few) exchanges are still fine with it. I hope that once everything settles completely and all the miners have SegWit adopted and implemented, we might see some huge drops in fee amounts.
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?
We cannot argue that the lightning network is indeed necessary for Bitcoin since we experienced bottlenecks on the past transactions in Bitcoin. But will it really affect the price of Bitcoin? For me, it's a yes. If the users or new comers noticed the improvement of Bitcoin when it comes to transaction, then more and more people will be engaged in Bitcoin, thus increase in the demand. As a result, we can see significant increase on Bitcoin's price.
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?
I personally think lightening network will be ultimate upgrade bitcoin need to have within next few months, if it will be successfully activated than bitcoin will be first choice for payment because it will be cheaper and faster again. I think we will easily see price of over $10k per bitcoin when lightening network will be activated.
However I'm afraid that SegWit also won't help BTC in the long term, as 2nd layer solutions will be needed for that.
Lightning Network fits nicely in that category. I personally will not have any sort of use for LN, but I am sure others that are primarily focused on convenience and ultra low fees, will love it. I am a fairly simple user that is more interested in the store of value and decentralization aspect. I adapt to every situation - if I need to pay fees of 0.001BTC, I'll do it. If it's 0.002BTC, I'll do it too. But I fit in the minor group of users who think and operate like that. In that regard, I hope that the majority will get what they are looking for in LN. Low cost transactions is a massive selling feature after all.
Do we have a roadmap for LN? I've seen that the first tests have already been conducted on BTC testnet but didn't find any estimates on when the first mainnet transactions will be made.
I personally also am more interested in BTC as a digital store of value, however I love using BTC as a currency. Unfortunately with the current fee market that's hardly viable, so I'm really looking forward to LN and being able to use BTC like in the old days.
However I'm afraid that SegWit also won't help BTC in the long term, as 2nd layer solutions will be needed for that.
Lightning Network fits nicely in that category. I personally will not have any sort of use for LN, but I am sure others that are primarily focused on convenience and ultra low fees, will love it. I am a fairly simple user that is more interested in the store of value and decentralization aspect. I adapt to every situation - if I need to pay fees of 0.001BTC, I'll do it. If it's 0.002BTC, I'll do it too. But I fit in the minor group of users who think and operate like that. In that regard, I hope that the majority will get what they are looking for in LN. Low cost transactions is a massive selling feature after all.
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?
Litecoin has surged because people are using it to move money to avoid bitcoin fees. Nothing to do with segwit (no-one uses segwit on the litecoin network).
Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.
True. Bitcoin fees are just unbelievable these days.
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.
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
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.
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 helped the bitcoin a little bitcioin, But the litecoin get a lot of impact caused by the price of bitcoin. But the next segwit hasn't yet finished and forget to think about the off-chain development if the on-chain development still hasn't finished. That will take a long time to go for the lightning network. 
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?
Let's hope that will happen because when it comes to bitcoin, it seems everything that is expected to work the right way tends to work otherwise and I won't be surprised if the case of SegWit will be any different but at the same time, there is nothing wrong in being optimistic about the scheme of things and hope for the best because at this time, that is the o my thing I see us doing with all the challenges around.
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?
Litecoin has surged because people are using it to move money to avoid bitcoin fees. Nothing to do with segwit (no-one uses segwit on the litecoin network).
Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.
I don't think it's "too complicated" for users, today's 1% is mainly due to:
- no major exchange/online wallet have move to segwit address yet;
- Major hardwallet has just released beta version of segwit; I personally only being playing it around, not yet put 100% of fund into a new segwit address, it takes time;
Future is very bright:
- for advanced users, % fee reduction is enough for them to jump on the boat;
- when exchange and online wallets start to use segwit address, it will also boost % of segwit adoption;
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.
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.
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?
I think it would. The more features bitcoins receive, the more it will become popular. Since there would be more applications that can be made using bitcoins then it would get a lot more popular. Then you have to factor in the fact that the network will speed up once segwit activates for real. Right now there have been a lot of controversies whenever the memory pools gets filled.
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 that occurred some time ago has indeed made the price of bitcoin increased. Unlike a preliminary estimate which states that segwit can destroy bitcoin prices. In fact today bitcoin prices continue to rise. I think segwit has made things even better. Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.
There's hardly any SegWit enabled wallets yet, only some that offer it as beta feature. That's why you see so few SegWit transactions. Once wallets use SegWit by default it won't be "too complicated" for users anymore. On the surface the only noticable change will be the changed address format, it's not like using Bitcoin turned into rocket science all of a sudden.Given that all the wallet providers have known for over a year that segwit was going to be activated, it's pretty poor they didn't prepare and have things ready to go when it locked in.
Lightning Network will definitely assist Bitcoin's price, because then (hopefully) the scaling debate will be done with once and for all, as they road will be paved for a non-linear scaling solution that doesn't require any additional hardforks in the future.
Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.
There's hardly any SegWit enabled wallets yet, only some that offer it as beta feature. That's why you see so few SegWit transactions. Once wallets use SegWit by default it won't be "too complicated" for users anymore. On the surface the only noticable change will be the changed address format, it's not like using Bitcoin turned into rocket science all of a sudden.Or maybe the question isn't why LTC went from $4 to the moon, but why it went to $4 at all?
The long, long bear market will do this to a coin. Especially since next to nothing happened in LTC development until SegWit came along earlier this year.
yes.LN will help bitcoin price increase.Knowing that your bitcoins will be instantly transferred to the other party over the trust less channel will help increase the demand of bitcoin as people are more likely to use bitcoin more often.I have read the white paper of LN and it's promising.a network capable of dealing with millions of transactions per seconds is wonderful.
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