Segwit helping BTC - page 3. | Bitcointalksearch.org

alyssa85

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Quote from: DustyRah on August 27, 2017, 04:33:00 PM

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.

Quadast

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Quote from: Herbert2020 on August 28, 2017, 01:42:33 AM

Quote from: DustyRah on August 27, 2017, 04:33:00 PM

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?

for most of the altcoins that activated SegWit (i believe there is at least half a dozen of them) it was just a temporary hype to pump the coin. they got pumped 200%-300% in less than a week and then they came back down to their previous old price.

for litecoin things were different. price went up fast and just had a little drop of correction and in the end price stayed up. that is because litecoin has some usages and it has always moved with bitcoin. upwards. and with LN and the atomic swap i am expecting this to be even more noticeable.

as for bitcoin, things are very different. SegWit for bitcoin was like a turning point where the old days of nonstop debate and war ended and there is no longer anything negative that can keep bitcoin back. with the negativity lifting slowly, the price will continue rising. and from now on we will just see good news after good news (with the exception of S2X) and that will only bring more rises.

Almost every crypto currency has a period when its price becomes higher by several times. It is a pity that it is very difficult to choose a coin that can bring such growth. And it is more difficult to wait for this growth and not to sell a coin before take-off

Herbert2020

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Quote from: DustyRah on August 27, 2017, 04:33:00 PM

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?

for most of the altcoins that activated SegWit (i believe there is at least half a dozen of them) it was just a temporary hype to pump the coin. they got pumped 200%-300% in less than a week and then they came back down to their previous old price.

for litecoin things were different. price went up fast and just had a little drop of correction and in the end price stayed up. that is because litecoin has some usages and it has always moved with bitcoin. upwards. and with LN and the atomic swap i am expecting this to be even more noticeable.

as for bitcoin, things are very different. SegWit for bitcoin was like a turning point where the old days of nonstop debate and war ended and there is no longer anything negative that can keep bitcoin back. with the negativity lifting slowly, the price will continue rising. and from now on we will just see good news after good news (with the exception of S2X) and that will only bring more rises.

Eric Cartman

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Or maybe the question isn't why LTC went from $4 to the moon, but why it went to $4 at all?

davis196

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Quote from: DustyRah on August 27, 2017, 04:33:00 PM

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 that the litecoin price increase has something to do with the atomic chain swap between litecoin and bitcoin.Is this related with Segwit?I don`t know.The lightning network will boost the bitcoin price in the short term because there are many investors who don`t understand the offchain transaction risks and they think that btc transactions will become faster and cheaper,which isn`t guaranteed.

Seansky

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Quote from: DustyRah on August 27, 2017, 04:33:00 PM

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?

For sure we see bitcoin stable at a good price because of segwit's implementation. If not for segwit maybe bitcoin's price is still under 4000$ by now. In altcoin's case IMO segwit is not the only factor that helped it go to 64$ price from 5$, it is just normal that ltc would gain pump after long days of it being stable at a low price. I can certainly say for now that we still doesnt see the support from segwit the slow price rise probably is just getting started.

Latviand

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Quote from: DustyRah on August 27, 2017, 04:33:00 PM

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?

Of course because it not only make the price pump it makes also bitcoin transaction faster than before. I know there will be another good news that bitcoins will have a forked again this few months i don't know only when it is.

CryptoBry

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Quote from: fabiorem on August 27, 2017, 07:05:54 PM

Litecoin is the best crypto around, fastest I've ever seem, and very undervalued. I think it would not happen the same with bitcoin, due to the fork and the ego war.

SegWit is supposed to make all transactions fast and at a lower fees compared to what is imposed now. Hopefully, SegWit will be of benefit to Bitcoin though admittedly there is an ongoing battles in the Bitcoin community right now as there are those who don't fully agree with the way things are and they have their own version of what supposed to be done...hence there can be hard forks along the way.

Hopefully by next year 2018, things can be getting better for Bitcoin and it can finally be able to see its full potential unfolded. We have to stop all the infighting and squabbles and learn to compromise our rigor stand on many issues so that Bitcoin can move on and soar high!

DaMut

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indeed Segwit boost the price for every coin,
it happen because of 'the lightning network' which is boosting the investor morale.

Quote from: DustyRah on August 27, 2017, 04:33:00 PM

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?

look at right now,
when was the time it's activated ? and what price it's back then ?
right now we're hitting $4000++ because of it i guess.

Quote from: fabiorem on August 27, 2017, 07:05:54 PM

Litecoin is the best crypto around, fastest I've ever seem, and very undervalued.

I think it would not happen the same with bitcoin, due to the fork and the ego war.

i don't think so mate,
because the fastest coin i ever see is Dogecoin.

fabiorem

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Litecoin is the best crypto around, fastest I've ever seem, and very undervalued.

I think it would not happen the same with bitcoin, due to the fork and the ego war.

DustyRah

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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?

Topic: Segwit helping BTC - page 3. (Read 1841 times)