We've reached the 75% threshold for activation of SegWit on Litecoin!
https://web.archive.org/web/20170412134213/https://www.litecoinpool.org/pools
Just need to hold that for 2 weeks. It should climb to 77% if Jihan doesn't increase his hashrate somehow.
Topic: Some more good news about Litecoin. - page 2. (Read 3691 times)
Well the markets seem to think it is happening - Litecoin price is up 20% today.
The litecoin subreddit seems pretty excited too:
https://www.reddit.com/r/litecoin/
The litecoin subreddit seems pretty excited too:
https://www.reddit.com/r/litecoin/
the social platforms like reddit subs for specific altcoins and this forum is always too excited when a rise or even a drop happens, that doesn't show much about the coin and its rise or drop.
but litecoin seems to be on the rise again. as i was kinda expecting, all the twitter theatricals ended when they wanted a rise. and here we are now.
now lets see how high we go before the actual activation of segwit hopefully in 2 weeks.
Well the markets seem to think it is happening - Litecoin price is up 20% today.
The litecoin subreddit seems pretty excited too:
https://www.reddit.com/r/litecoin/
The litecoin subreddit seems pretty excited too:
https://www.reddit.com/r/litecoin/
I do agree that the price will go higher, this new segwit adoption will see Litecoin trying something no other major coin has tried before.
However if it fails and doesn’t result with anything good for Litecoin that would also mean segwit may not be solution to bitcoin neither (low chance of it fail if you ask me) in which case it will push even lower. There is a short term price peak after Segwit tough that is for sure.
It will be interesting to see how quickly LN providers jump on board LTC. If that happens quickly even some of the more optimistic advocates of LTC might be surprised by the price increase.
https://www.litecoinpool.org/pools#segwit
Approximately 76.8% of the hashrate is now signaling for SegWit. BW.com just started signaling a few hours ago so the 24 hour average is rising and soon to surpass the 75% threshold for SegWit activation.
Litecoin will get Lightning Networks (LN) off chain scaling. Bitcoin will not. Thus Litecoin is highly undervalued at $12 and should soon make a new ATH above $50. I expect Litecoin above $100 in 2017.
I do agree that the price will go higher, this new segwit adoption will see Litecoin trying something no other major coin has tried before. Approximately 76.8% of the hashrate is now signaling for SegWit. BW.com just started signaling a few hours ago so the 24 hour average is rising and soon to surpass the 75% threshold for SegWit activation.
Litecoin will get Lightning Networks (LN) off chain scaling. Bitcoin will not. Thus Litecoin is highly undervalued at $12 and should soon make a new ATH above $50. I expect Litecoin above $100 in 2017.
| 42.2% | F2Pool |
| 9% | LitecoinPool.org |
| 8.4% | HappyChina |
| 6.4% | BW.com |
| 6% | Le6oriAMKX... |
| 2.6% | Batpool |
| 1.4% | Coinotron |
| 0.8% | Give Me Coins |
However if it fails and doesn’t result with anything good for Litecoin that would also mean segwit may not be solution to bitcoin neither (low chance of it fail if you ask me) in which case it will push even lower. There is a short term price peak after Segwit tough that is for sure.
If it drops below 75% after it's reached it, does the activation period stop until it gets back over 75%?
i think someone changed his mind on the last minute and remove his signaling for litecoin, it make much more sense, then thinking that there was a random return below 75%
The activation period consists of 8064 blocks. On Litecoin this takes 14 days on average. During the current activation period that is running for 11 days or so has 66% of blocks signaling for SegWit.
During the last 24h (576 blocks) 73% blocks have signaled. The number is growing because the last pool to join in did so less than 24h ago.
Hope this clears things up.
During the last 24h (576 blocks) 73% blocks have signaled. The number is growing because the last pool to join in did so less than 24h ago.
Hope this clears things up.
wasn't 76.8% why only 73%, if i understood you correctly we need to wait for the block time to have the last activation percentage?
1. An activation period is an activation period. Period. Every 8064 blocks there's a new one. This one (the 5th) has been running for 11,5 days and ends in about 2,5 days. It doesn't stop or start for anything. There's a new one every 8064 blocks. That's it.
2. For SegWit to activate the amount of blocks that have signaled support for SegWit (via a flag in the block) has to be over 75%. So during the next period (6th) at least 6048 blocks will have to include SegWit support flag.
3. The % jumps up and down daily like crazy. It's because of the mining variance or simply put it's just good/bad luck. Different sites use different methods, some show last 24h, some 20h, others show 576 blocks or 500 blocks, and last but not least there are the ones that compare current hashrate. So we are comparing very different numbers.
TLDR:
Daily % is BS! Number of blocks during a 14 day activation period is all that matters.
FYI, I took profits on this surge and wait to buy back again later, because I think actually attain activation is going to take at least 2 weeks and probably longer.
In the meantime, I have bought ETH. It is in a descending wedge pattern that is going to close within 24 hours. It looks like it has to break to the upside. Perhaps Ethereum will make some announcement on the Raiden (LN clone) upgrade coming. Looks like they will beat Litecoin to having a rudimentary beta of off chain scaling.
In the meantime, I have bought ETH. It is in a descending wedge pattern that is going to close within 24 hours. It looks like it has to break to the upside. Perhaps Ethereum will make some announcement on the Raiden (LN clone) upgrade coming. Looks like they will beat Litecoin to having a rudimentary beta of off chain scaling.
Insane volatility, but a great time to make money day trading. I sold ETH at a profit and reentered LTC before the wedge breakout!
It seems someone had a change of heart, we might have Segregated Witness in Litecoin after all.
https://twitter.com/f2pool_wangchun/status/852056453112377344
┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛
https://twitter.com/f2pool_wangchun/status/852056453112377344
┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛
Change of heart: No.
Change of public face: YES
this is what we can call a manipulation using the social media.
1. you start signalling SegWit and push the percentage up,
2. price goes higher than the initial pump.
3. you dump to take a big profit
4. you go on twitter and say something showing you are doubting your decision and create fear that you may stop at 74.9%
5. when price tanked you buy back with the money+profit
6. you say i changed my mind and will continue signalling!
7. price goes higher and now you have more litecoin than you had in step 1.
and by you i mean F2Pool and the gang of investors who dumped in that big down dive.
If it drops below 75% after it's reached it, does the activation period stop until it gets back over 75%?
i think someone changed his mind on the last minute and remove his signaling for litecoin, it make much more sense, then thinking that there was a random return below 75%
The activation period consists of 8064 blocks. On Litecoin this takes 14 days on average. During the current activation period that is running for 11 days or so has 66% of blocks signaling for SegWit.
During the last 24h (576 blocks) 73% blocks have signaled. The number is growing because the last pool to join in did so less than 24h ago.
Hope this clears things up.
During the last 24h (576 blocks) 73% blocks have signaled. The number is growing because the last pool to join in did so less than 24h ago.
Hope this clears things up.
wasn't 76.8% why only 73%, if i understood you correctly we need to wait for the block time to have the last activation percentage?
It seems someone had a change of heart, we might have Segregated Witness in Litecoin after all.
https://twitter.com/f2pool_wangchun/status/852056453112377344
┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛
https://twitter.com/f2pool_wangchun/status/852056453112377344
┗(°0°)┛ ┗(°0°)┛ ┗(°0°)┛
The activation period consists of 8064 blocks. On Litecoin this takes 14 days on average. During the current activation period that is running for 11 days or so has 66% of blocks signaling for SegWit.
During the last 24h (576 blocks) 73% blocks have signaled. The number is growing because the last pool to join in did so less than 24h ago.
Hope this clears things up.
During the last 24h (576 blocks) 73% blocks have signaled. The number is growing because the last pool to join in did so less than 24h ago.
Hope this clears things up.
But why here show 66.3% only ?
http://segwit.co/ltc
http://segwit.co/ltc
If it drops below 75% after it's reached it, does the activation period stop until it gets back over 75%?
can anyone explain how does the activation percentage work for litecoin because i though i understood it but it is a bit weird!
the activation period consist of 8064 blocks and out of this 4404 or 66.31% is signalling SegWit.
but looking at most sites they are reporting their main percentage based on the last 576 blocks which is 73-74%
so why is that?
the activation period consist of 8064 blocks and out of this 4404 or 66.31% is signalling SegWit.
but looking at most sites they are reporting their main percentage based on the last 576 blocks which is 73-74%
so why is that?
FYI, I took profits on this surge and wait to buy back again later, because I think actually attain activation is going to take at least 2 weeks and probably longer.
In the meantime, I have bought ETH. It is in a descending wedge pattern that is going to close within 24 hours. It looks like it has to break to the upside. Perhaps Ethereum will make some announcement on the Raiden (LN clone) upgrade coming. Looks like they will beat Litecoin to having a rudimentary beta of off chain scaling.
In the meantime, I have bought ETH. It is in a descending wedge pattern that is going to close within 24 hours. It looks like it has to break to the upside. Perhaps Ethereum will make some announcement on the Raiden (LN clone) upgrade coming. Looks like they will beat Litecoin to having a rudimentary beta of off chain scaling.
FYI, I took profits on this surge and wait to buy back again later, because I think actually attain activation is going to take at least 2 weeks and probably longer.
In the meantime, I have bought ETH. It is in a descending wedge pattern that is going to close within 24 hours. It looks like it has to break to the upside. Perhaps Ethereum will make some announcement on the Raiden (LN clone) upgrade coming. Looks like they will beat Litecoin to having a rudimentary beta of off chain scaling.
In the meantime, I have bought ETH. It is in a descending wedge pattern that is going to close within 24 hours. It looks like it has to break to the upside. Perhaps Ethereum will make some announcement on the Raiden (LN clone) upgrade coming. Looks like they will beat Litecoin to having a rudimentary beta of off chain scaling.
https://www.litecoinpool.org/pools#segwit
Approximately 76.8% of the hashrate is now signaling for SegWit. BW.com just started signaling a few hours ago so the 24 hour average is rising and soon to surpass the 75% threshold for SegWit activation.
Litecoin will get Lightning Networks (LN) off chain scaling. Bitcoin will not. Thus Litecoin is highly undervalued at $12 and should soon make a new ATH above $50. I expect Litecoin above $100 in 2017.
Approximately 76.8% of the hashrate is now signaling for SegWit. BW.com just started signaling a few hours ago so the 24 hour average is rising and soon to surpass the 75% threshold for SegWit activation.
Litecoin will get Lightning Networks (LN) off chain scaling. Bitcoin will not. Thus Litecoin is highly undervalued at $12 and should soon make a new ATH above $50. I expect Litecoin above $100 in 2017.
| 42.2% | F2Pool |
| 9% | LitecoinPool.org |
| 8.4% | HappyChina |
| 6.4% | BW.com |
| 6% | Le6oriAMKX... |
| 2.6% | Batpool |
| 1.4% | Coinotron |
| 0.8% | Give Me Coins |
Who ever doesn't on board the Litecoin rocket now, is going to be kicking themselves until they are butthurt:
Well, nobody can say they didn't get good advice from this thread
And sometimes perfect timing:
BW just signaled and LTC price hockey-sticking. Nope, just a coincidence. Not correlated at all!
BW.com made up their mind as we were expecting and they are signalling SegWit which has increased the support for SegWit on litecoin up to nearly 74% according to http://litecoinblockhalf.com/segwit.php
https://twitter.com/SatoshiLite/status/852039230150688770
and it also seems to have caused another jump in litecoin price up to 0.0095BTC again.
https://twitter.com/SatoshiLite/status/852039230150688770
and it also seems to have caused another jump in litecoin price up to 0.0095BTC again.
There are split speculation from some litecoin user, I think Litecoin finally show some good movement and suddenly a lot of people supporting litecoin, so I think with this support litecoin can survive and become better, I am going to invest a little and see how is the improvement in this few months, but I have a felling says that litecoin will revive again
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