Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: thejaytiesto on April 04, 2017, 01:11:13 PM



Title: Buy Litecoin Inmediately.
Post by: thejaytiesto on April 04, 2017, 01:11:13 PM
Batpool has joined the game. Segwit will be around 70% now. This means once Batpool's hashing power peaks we'll be sailing around 5% more to go only for segwit activation. At that point, smaller pools should join in. Network effect too strong. Only 5 points remaining is pretty much a done deal. How high it will go? Only one way to find out.


Title: Re: Buy Litecoin Inmediately.
Post by: aoluain on April 04, 2017, 09:20:35 PM
http://segwit.co/ltc.

Its reading 61.3% at the moment


Title: Re: Buy Litecoin Inmediately.
Post by: maku on April 04, 2017, 09:29:47 PM
http://segwit.co/ltc.

Its reading 61.3% at the moment
I don't know what your source is showing 61% while this: http://litecoinblockhalf.com/segwit.php (http://litecoinblockhalf.com/segwit.php) shows 68%
Either way, Op is totally right, with SegWit activated (even thought LTC didn't need it as bad as BTC needs it) effect on price will be huge.
It might be the biggest upward trend in the LTC history or... nothing will happen when people will realize that it is 'only' LTC.


Title: Re: Buy Litecoin Inmediately.
Post by: fkod on April 04, 2017, 10:03:06 PM
Yes buy at the high and then sell at a loss. The investors here are amazing.

I Agree. Too risky price at now as for me. Must be necessary to wait for more secure levels. Especially because of be a margin coin more attention needed.


Title: Re: Buy Litecoin Inmediately.
Post by: crypticj on April 05, 2017, 02:37:34 AM
So much hashing power coming online bye bye mom and pop miners.

Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.

Nice game hardware makers... almost 700ghz came online in 5 days.  that was equivalent to 30% of total hash oustanding.


Title: Re: Buy Litecoin Inmediately.
Post by: chineseprancing on April 05, 2017, 02:48:47 AM
Yes buy at the high and then sell at a loss. The investors here are amazing.

I Agree. Too risky price at now as for me. Must be necessary to wait for more secure levels. Especially because of be a margin coin more attention needed.
If you do not take the risk you do not get a good income, because if you do trading you must take risk by buying alt coin but it only lessen if you learn about the coin to be buy. If you see that you will gain income just buy it and do not hesitate because if the price would continue to increase you missed the opportunity to earn income.


Title: Re: Buy Litecoin Inmediately.
Post by: sherlock_h on April 05, 2017, 03:47:09 AM
I don't think this will pump like some scam coins, but this is something good for the cryptocurrency. At least this will not be dumped quickly and fall into oblivion.


Title: Re: Buy Litecoin Inmediately.
Post by: crypticj on April 05, 2017, 04:21:44 AM
Lite coin is here to stay i am just hoping difficulty doesn't rise too fast.


Title: Re: Buy Litecoin Inmediately.
Post by: aoluain on April 05, 2017, 05:51:08 AM
http://segwit.co/ltc.

Its reading 61.3% at the moment
I don't know what your source is showing 61% while this: http://litecoinblockhalf.com/segwit.php (http://litecoinblockhalf.com/segwit.php) shows 68%
Either way, Op is totally right, with SegWit activated (even thought LTC didn't need it as bad as BTC needs it) effect on price will be huge.
It might be the biggest upward trend in the LTC history or... nothing will happen when people will realize that it is 'only' LTC.


That link i was looking at was just showing ......

Segwit miner support (percentage of segwit blocks signaling within the current activation period)   1629 (62.01%)

I think?


Title: Re: Buy Litecoin Inmediately.
Post by: n0ne on April 05, 2017, 06:01:17 AM
Litecoin is getting a segwit activation signal. This probably takes the price and growth of litecoin as well other altcoins towards the next level. Buying now could help grab the profit once after activation as the segwit support is getting stronger and has crossed the range of 60%


Title: Re: Buy Litecoin Inmediately.
Post by: shamzblueworld on April 05, 2017, 06:24:46 AM
Yes buy at the high and then sell at a loss. The investors here are amazing.
Yes, I think it has been pumped already at a state that it is too much risky to buy at such a high value, so I'd wait for it to settle back to its previous normal value or at least close to it before buying.


Title: Re: Buy Litecoin Inmediately.
Post by: Pearls Before Swine on April 05, 2017, 06:25:32 AM
Yes buy at the high and then sell at a loss. The investors here are amazing.
Indeed, OP's suggestion is much like saying you should buy Dash right now.  People on this forum do so love buying high and then losing their boxers.  And then they start threads whining about it.   


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 05, 2017, 07:06:36 AM
http://segwit.co/ltc.

Its reading 61.3% at the moment

I don't know what your source is showing 61% while this: http://litecoinblockhalf.com/segwit.php (http://litecoinblockhalf.com/segwit.php) shows 68%

The lower one is counting all blocks since 5 days ago. The more accurate higher one is counting in the last 24 hours, which is the requirement for activation threshold.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 05, 2017, 07:09:52 AM
Yes buy at the high and then sell at a loss. The investors here are amazing.

I Agree. Too risky price at now as for me. Must be necessary to wait for more secure levels. Especially because of be a margin coin more attention needed.
If you do not take the risk you do not get a good income, because if you do trading you must take risk by buying alt coin but it only lessen if you learn about the coin to be buy. If you see that you will gain income just buy it and do not hesitate because if the price would continue to increase you missed the opportunity to earn income.
What you are saying is no risk no reward what I am saying is you don't fucking buy after the rise. Don't be stupid if it does rise more great you'll hold too long and dump at a loss anyways with your attitude.

The rise hasn't even begun. After we break $10, we are headed to $30, then $50.

A chart communicates better (https://bitcointalk.org/index.php?topic=1663070.msg18421588#msg18421588) than a 1000 words.

Bitcoin will never get (https://bitcointalk.org/index.php?topic=1663070.msg18459085#msg18459085) SegWit and Lightning Networks scaling. Never.

Litecoin is reaching its destiny. You can be part of it, or sit on the sidelines and be butthurt.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 05, 2017, 07:14:12 AM
So much hashing power coming online bye bye mom and pop miners.

Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.

Nice game hardware makers... almost 700ghz came online in 5 days.  that was equivalent to 30% of total hash oustanding.

Hashrate went up 30% but the price up 125%. I told you already (https://bitcointalk.org/index.php?topic=1506064.msg18461454#msg18461454) that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.


Title: Re: Buy Litecoin Inmediately.
Post by: crypticj on April 05, 2017, 07:27:17 AM
So much hashing power coming online bye bye mom and pop miners.

Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.

Nice game hardware makers... almost 700ghz came online in 5 days.  that was equivalent to 30% of total hash oustanding.

Hashrate went up 30% but the price up 125%. I told you already (https://bitcointalk.org/index.php?topic=1506064.msg18461454#msg18461454) that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.

I am very very skeptical i think hardware makers control a lot of supply of Litecoin and they can move/manipulate market by pumping Litecoin they know they can move Litecoin on one exchange by buying $100k worth of to create artificial constraint. Once they move the price by few bucks it has momentum and the community and speculators take over after that all they have to do is switch on hashing power mint more litecoin to bring there average cost per litecoin down and at the same time make a killing selling all the hardware @ $2000 a pop. once enough sales of hardware accomplished they can dump coin and release hardware.

the reason they do major release like available date of April 24th is so they can maximize there sales. where 1000s of l3 or A4 are sold and you have no idea how much hash is hitting the network because if you did you would know that you would not recover your initial investment in 6 months, as the difficulty spikes. Only Hope for Miners to recoup investment cost is to hope and pray that price per coin keeps rising.

enough rambling for tonight... time for sleep. GN>


Title: Re: Buy Litecoin Inmediately.
Post by: LoyceV on April 05, 2017, 07:31:07 AM
I've wondered (and asked) before why Litecoin would need SegWit, but never got an answer. For Bitcoin I get it: blocks are full, and transactions are slow and expensive. Current blocks have reached their limit.
Litecoin doesn't have any of these problems.

I've only found this on Reddit (https://www.reddit.com/r/litecoin/comments/5r562x/so_litecoin_is_adopting_segwit_now_when_what_does/):
Quote
And segwit opens the door to the Lightning Network + a ton of devs building on top of it. Pretty huge.
-- rw-stott
Is this really worth the hype?


Title: Re: Buy Litecoin Inmediately.
Post by: loreRex on April 05, 2017, 07:42:51 AM
At they show that the coin is moving...
I agree that It would be nice to have some technical explanation.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 05, 2017, 07:47:53 AM
I've wondered (and asked) before why Litecoin would need SegWit, but never got an answer. For Bitcoin I get it: blocks are full, and transactions are slow and expensive. Current blocks have reached their limit.
Litecoin doesn't have any of these problems.

Because:

Bitcoin will never get (https://bitcointalk.org/index.php?topic=1663070.msg18459085#msg18459085) SegWit and Lightning Networks scaling. Never.

And thus Litecoin will get all the volume that Bitcoin will lose because fees on Bitcoin will go too high for us to use it.

Bitcoin is for settlement amongst power brokers who will have no problem spending $100 per transaction fee. The small blocks on Bitcoin will get full with $100 transaction fee transactions. You won't be able to transact on Bitcoin any more. I think that is big fucking deal. Don't you  ???

Litecoin can not scale without SegWit and Lightning Networks.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 05, 2017, 07:48:51 AM
Don't get me wrong it might reach $12 but I'm not throwing my money in now but $50 nah, too many willing to dump and get out of what has been stagnant for years.

Don't be butthurt when LTC reaches $100, because suddenly Litecoin is relevant again and Blockstream is developing for Litecoin instead of Bitcoin. Your universe will be turned upside down.

Please do make your own decisions. Don't listen to me other than to make sure you understand my reasons.


Title: Re: Buy Litecoin Inmediately.
Post by: Searing on April 05, 2017, 07:57:07 AM
I've wondered (and asked) before why Litecoin would need SegWit, but never got an answer. For Bitcoin I get it: blocks are full, and transactions are slow and expensive. Current blocks have reached their limit.
Litecoin doesn't have any of these problems.

I've only found this on Reddit (https://www.reddit.com/r/litecoin/comments/5r562x/so_litecoin_is_adopting_segwit_now_when_what_does/):
Quote
And segwit opens the door to the Lightning Network + a ton of devs building on top of it. Pretty huge.
-- rw-stott
Is this really worth the hype?


Well there has been talk that IF the code for segregated witness is first on litecoin then they will proceed down the road for 'lightning network'

also the author of mimblewimble protocol on bitcoin may do the same..

so yeah..it is a big deal in price IF the above stuff is STABLE and works....and gets devs excited

my view is with the above and a coin/devs acting like adults with a bit of direction ...you easlily could see 15-40 buck LTC prices

You can also look at it this way

IF LTC was at $4 coin at $800 BTC and now is $9 coin at the current $1140 price with segregated witness hype...AND throw in the 'complication' that perhaps Bitcoin gets to
2,000 usd this year..just having LTC plug along as it has ...well it is not far fetched to consider LTC stable as an  $18 buck coin...

so it is looking pretty good from a logic point of view (not that logic has anything to do with crypto prices and use ec)

anyway my BET was a mess of L3's because the price floor I stated (bravest post of my life) was no less then $6....by taking that bet and making my self
post it on bitcointalk...I thus had to suck it up and buy miners....

when I posted this (2 days before all L3's sold out in the world I cut it real close!!!)

https://bitcointalk.org/index.php?topic=1802108.msg18413585#msg18413585 (https://bitcointalk.org/index.php?topic=1802108.msg18413585#msg18413585)

chump or champ

damn looking like champ so far ..choice wise :)

Anyway, the long game I'm playing. (Same game mining I've played since 2013 ..more or less rinse/wash/repeat) :)

heh ..the above 'bet' posted on april 1st 2017....so I pulled the trigger and got the L3's could not have got much closer till they sold out on April 3rd
did not expect 'vindication on my" $6 floor bet quite so soon :)





Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 05, 2017, 07:59:22 AM
So much hashing power coming online bye bye mom and pop miners.

Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.

Nice game hardware makers... almost 700ghz came online in 5 days.  that was equivalent to 30% of total hash oustanding.

Hashrate went up 30% but the price up 125%. I told you already (https://bitcointalk.org/index.php?topic=1506064.msg18461454#msg18461454) that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.

I am very very skeptical i think hardware makers control a lot of supply of Litecoin and they can move/manipulate market by pumping Litecoin they know they can move Litecoin on one exchange by buying $100k worth of to create artificial constraint. Once they move the price by few bucks it has momentum and the community and speculators take over after that all they have to do is switch on hashing power mint more litecoin to bring there average cost per litecoin down and at the same time make a killing selling all the hardware @ $2000 a pop. once enough sales of hardware accomplished they can dump coin and release hardware.

the reason they do major release like available date of April 24th is so they can maximize there sales. where 1000s of l3 or A4 are sold and you have no idea how much hash is hitting the network because if you did you would know that you would not recover your initial investment in 6 months, as the difficulty spikes. Only Hope for Miners to recoup investment cost is to hope and pray that price per coin keeps rising.

enough rambling for tonight... time for sleep. GN>

But why would the ASIC manufacturers want a lower LTC price in any case? The only acrimony is over those miners who want to block SegWit (i.e. Bitmain) and those who don't.

Even if they dump their coins and sell their hardware, if the price is rising faster than the supply due to Litecoin having an exclusive on Lightning Networks scaling because Bitcoin will never get it, then Blockstream is forced to develop for Litecoin instead of Bitcoin, then why wouldn't the LTC price fulfill the chart destiny which I showed to $50 and beyond?

P.S. I agree PoW mining is a manipulated mess.


Title: Re: Buy Litecoin Inmediately.
Post by: Searing on April 05, 2017, 08:10:10 AM
So much hashing power coming online bye bye mom and pop miners.

Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.

Nice game hardware makers... almost 700ghz came online in 5 days.  that was equivalent to 30% of total hash oustanding.

Hashrate went up 30% but the price up 125%. I told you already (https://bitcointalk.org/index.php?topic=1506064.msg18461454#msg18461454) that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.

I am very very skeptical i think hardware makers control a lot of supply of Litecoin and they can move/manipulate market by pumping Litecoin they know they can move Litecoin on one exchange by buying $100k worth of to create artificial constraint. Once they move the price by few bucks it has momentum and the community and speculators take over after that all they have to do is switch on hashing power mint more litecoin to bring there average cost per litecoin down and at the same time make a killing selling all the hardware @ $2000 a pop. once enough sales of hardware accomplished they can dump coin and release hardware.

the reason they do major release like available date of April 24th is so they can maximize there sales. where 1000s of l3 or A4 are sold and you have no idea how much hash is hitting the network because if you did you would know that you would not recover your initial investment in 6 months, as the difficulty spikes. Only Hope for Miners to recoup investment cost is to hope and pray that price per coin keeps rising.

enough rambling for tonight... time for sleep. GN>

But why would the ASIC manufacturers want a lower LTC price in any case? The only acrimony is over those miners who want to block SegWit (i.e. Bitmain) and those who don't.

Even if they dump their coins and sell their hardware, if the price is rising faster than the supply due to Litecoin having an exclusive on Lightning Networks scaling because Bitcoin will never get it, then Blockstream is forced to develop for Litecoin instead of Bitcoin, then why wouldn't the LTC price fulfill the chart destiny which I showed to $50 and beyond?


My logic with minning and what I have in such (scrypt pow) and what I just put in with L3's is more 'modest' ..even if Litecoin plugs along as it has kinda sorta to BTC's $1,000 price
at $4-$5 say ratio of say it stablizes at 0.006 ltc to btc and BTC hits $3k of coin price in say 1 year (as the pundits state) ..this is my $18 buck price...but this was before the
segregated witness looked likely and this last to $9 ltc price pump. MY above was just litecoin acting like litecoin as it has the last 3 years.....

with the hype /segregated witness/mimblewimble/etc and the excitement among crypto/devs/users..well you could make a 'conservative' imho bet of $25 coin with BTC at say
$2k to $3k :)

Boring also works. Not to mention at 0.077 elec for me and the amount of scrypt pow hash I could STILL hash my way out of a $5 or $6 LTC hole (with all my hash) and double
the difficulty ....even if after say 15-17 months I just traded $$$ to Equip to LTC mining back to $$$ and am even steven (traded oranges to oranges) ...ie only mined my way
even out of the hole I put myself in with equip and difficulty rise of everyone doing the same :(  Done that before in 2014..it sucked...but muddled thru :)

Anyway I like your 'views' better...of $25 to $50 LTC prices.....just saying even the above with my mining operation...scaling it back .becomes a fact..well that works just dandy as well :)





Title: Re: Buy Litecoin Inmediately.
Post by: crypticj on April 05, 2017, 08:14:49 AM
So much hashing power coming online bye bye mom and pop miners.

Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.

Nice game hardware makers... almost 700ghz came online in 5 days.  that was equivalent to 30% of total hash oustanding.

Hashrate went up 30% but the price up 125%. I told you already (https://bitcointalk.org/index.php?topic=1506064.msg18461454#msg18461454) that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.

I am very very skeptical i think hardware makers control a lot of supply of Litecoin and they can move/manipulate market by pumping Litecoin they know they can move Litecoin on one exchange by buying $100k worth of to create artificial constraint. Once they move the price by few bucks it has momentum and the community and speculators take over after that all they have to do is switch on hashing power mint more litecoin to bring there average cost per litecoin down and at the same time make a killing selling all the hardware @ $2000 a pop. once enough sales of hardware accomplished they can dump coin and release hardware.

the reason they do major release like available date of April 24th is so they can maximize there sales. where 1000s of l3 or A4 are sold and you have no idea how much hash is hitting the network because if you did you would know that you would not recover your initial investment in 6 months, as the difficulty spikes. Only Hope for Miners to recoup investment cost is to hope and pray that price per coin keeps rising.

enough rambling for tonight... time for sleep. GN>

But why would the ASIC manufacturers want a lower LTC price in any case? The only acrimony is over those miners who want to block SegWit (i.e. Bitmain) and those who don't.

Even if they dump their coins and sell their hardware, if the price is rising faster than the supply due to Litecoin having an exclusive on Lightning Networks scaling because Bitcoin will never get it, then Blockstream is forced to develop for Litecoin instead of Bitcoin, then why wouldn't the LTC price fulfill the chart destiny which I showed to $50 and beyond?

P.S. I agree PoW mining is a manipulated mess.

Man I don't know if i am sleepy or tired but you are starting to make more and more sense interms of Litecoin having real potential.

So I just bought 50 LTC 2 min ago and not going to sell the ones I have and the Ones I mine also converting some BTC to LTC more like .25 BTC.

Hope you are right... but you argument makes perfect and logical sense to me.

Here is to LTC to $50


Title: Re: Buy Litecoin Inmediately.
Post by: talkbitcoin on April 05, 2017, 08:25:01 AM
there are still a lot of weak hands in the litecoin market who are selling their short positions cheap and prevent the faster rise but overall looking at the charts, it is rising and analysis points to a higher price.

with this recent news about Segwit and batpool signalling it, i believe many things are going to change and the hype alone can cause a big pump as we have been expecting months ago when segwit first started on litecoin.

now the question is how much?
we have seen 0.03BTC for litecoin recently and with all the other altcoins getting dumped these days i say we can expect it again and even go up to 0.05BTC this time around.


Title: Re: Buy Litecoin Inmediately.
Post by: Bemerand on April 05, 2017, 08:25:57 AM
Ok im buying. Tell me when to stop!


Title: Re: Buy Litecoin Inmediately.
Post by: Kenny001 on April 05, 2017, 09:19:12 AM
Ok im buying. Tell me when to stop!


I am ready to.


Title: Re: Buy Litecoin Inmediately.
Post by: Ayers on April 05, 2017, 10:17:27 AM
it's unknown why bitcoin mienrs don't want segwit but litecoin miner liek segwit? they both would lose in fee right? why litecoin miners have decided to activate anyway, there is not blockstream for litecoin, this whole story doesn't make sense for me

At they show that the coin is moving...
I agree that It would be nice to have some technical explanation.

it's because litecoin is activating segwit, this the reason for the price rosing at the moment, but it's not a real pump look the price went from 0.005 to 0.007, to me it look like a price correction than a pump, but they are hyping it to make the pump start


Title: Re: Buy Litecoin Inmediately.
Post by: Sniper44 on April 05, 2017, 11:12:39 AM
it's unknown why bitcoin mienrs don't want segwit but litecoin miner liek segwit? they both would lose in fee right? why litecoin miners have decided to activate anyway, there is not blockstream for litecoin, this whole story doesn't make sense for me
i seriously doubt these two statements have anything to do with each other!
and it seems that you have forgotten who started signalling SegWit for litecoin a couple of days ago. it was F2Pool. and yes they are both big on litecoin and on bitcoin.
this may be a test to then move on stronger to bitcoin.

Quote
At they show that the coin is moving...
I agree that It would be nice to have some technical explanation.

it's because litecoin is activating segwit, this the reason for the price rosing at the moment, but it's not a real pump look the price went from 0.005 to 0.007, to me it look like a price correction than a pump, but they are hyping it to make the pump start


the price rise actually started before any change in segwit activation percentage and then it speed up after the increase in that percentage support (currently around 70%) and i believe it will speed up more when it passes 75% (the target) and then it will be easy rise.


Title: Re: Buy Litecoin Inmediately.
Post by: kelsey on April 05, 2017, 12:15:46 PM
it's unknown why bitcoin mienrs don't want segwit but litecoin miner liek segwit? they both would lose in fee right? why litecoin miners have decided to activate anyway, there is not blockstream for litecoin, this whole story doesn't make sense for me

because Coblee sold them the angle that it will significantly increase the value of the coins they have/will mine which will more then make up for any perceived fee loss (btw we are talking here not segwit but what comes after like LN etc).

like most economic models if you work for what benefits the whole it generally also works out to be whats best for you. but thats lost on so many facets of the bitcoin community.


Title: Re: Buy Litecoin Inmediately.
Post by: NorrisK on April 05, 2017, 12:48:15 PM
I agree that litecoin is a buy at this moment. apart from the initial bump in price, it hasn't made any big moves yet. These LTC/BTC ratios are still extremely low and it has been sustainably higher for long periods in the past.

I wouldn't be surprised if we went to 20 usd or more this month.


Title: Re: Buy Litecoin Inmediately.
Post by: crypticj on April 05, 2017, 04:59:52 PM
Smartest thing i did was to load up on Litecoin last night.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 05, 2017, 05:13:01 PM
It crossed 70% now!

About 1951 GH/s, or 70.4% of the network (352 out of the last 500 blocks).

The above is for the blocks in the past 21 hours, so it is slightly forward looking as compared to the 24 hour requirement.

The huge jump in price will be when the Bitcoiners realize that Bitcoin is never going to get scaling, thus they won't be able to transact any more on Bitcoin (will be too expensive) and thus Litecoin will become the transaction coin that everybody is using. This still hasn't sunk into their hard heads yet.


Title: Re: Buy Litecoin Inmediately.
Post by: darlidada on April 05, 2017, 05:18:34 PM
It crossed 70% now!

About 1951 GH/s, or 70.4% of the network (352 out of the last 500 blocks).

The above is for the blocks in the past 21 hours, so it is slightly forward looking as compared to the 24 hour requirement.

The huge jump in price will be when the Bitcoiners realize that Bitcoin is never going to get scaling, thus they won't be able to transact any more on Bitcoin (will be too expensive) and thus Litecoin will become the transaction coin that everybody is using. This still hasn't sunk into their hard heads yet.

How high in price you figure bitcoin will be when fees will be too expensive? like 100$ expensive; and btw, are you allin with all your crypto in LTC right now? I only have a few, bdcause allin seems risky but you always had a knack to do good bets based on fundamental analysis!


Title: Re: Buy Litecoin Inmediately.
Post by: youarewrong on April 05, 2017, 05:26:57 PM
Yeah, watch them dump on you haha.


Title: Re: Buy Litecoin Inmediately.
Post by: Chef Ramsay on April 05, 2017, 06:15:36 PM
$10.fiddy. ;) Keep procrastinating and then you'll panic fomo. Too bad that people couldn't see the writing (signaling) on the wall months ago about the direction that the LTC price was going to take. No vision means getting one's ass left behind unless you act accordingly, immediately.


Title: Re: Buy Litecoin Inmediately.
Post by: thejaytiesto on April 05, 2017, 06:21:22 PM
Big whale caught with a big ass wall:

http://image.ibb.co/jfdotv/walll2.png

Look at the 950k sats one

780 BTC that's insane

Pretty funny how I saw that wall disappear and appear a couple times.

Probably a whale with some short positions scared of the price going up and getting destroyed, or a whale accumulate under 0.001

So far it's holding pretty well

Edit: holy hell, just saw that wall get eaten in less than a minute

http://image.ibb.co/fbT23v/wall3.png


Title: Re: Buy Litecoin Inmediately.
Post by: joeydangerous on April 05, 2017, 06:26:18 PM
Big whale caught with a big ass wall:

http://image.ibb.co/jfdotv/walll2.png

Look at the 950k sats one

780 BTC that's insane

Pretty funny how I saw that wall disappear and appear a couple times.

Probably a whale with some short positions scared of the price going up and getting destroyed, or a whale accumulate under 0.001

So far it's holding pretty well

Edit: holy hell, just saw that wall get eaten in less than a minute

Coblee prolly eating his own coins.
lol jp

Let's go LTC! $11


Title: Re: Buy Litecoin Inmediately.
Post by: blade87 on April 05, 2017, 06:39:18 PM
Yeah, watch them dump on you haha.

https://www.drcarney.com/images/easyblog_shared/food/TooMuchSalt.w830.web.jpg


Title: Re: Buy Litecoin Inmediately.
Post by: thejaytiesto on April 05, 2017, 07:07:47 PM
0.01 BTC psych barrier was crossed, looks like maybe it's time to give it a rest and buy cheaper in a couple of hours? only one way to find out.


Title: Re: Buy Litecoin Inmediately.
Post by: kryptqnick on April 05, 2017, 07:19:09 PM
Ok im buying. Tell me when to stop!
Nobody can. Some think litecoin is a half-dead currency and just a clone of btc. Others think it is one of the best and will show how good it is when btc will become too expensive. I believe ltc is rather an investment for a long time and I'm thinking about buying some now since it's growing in price very FAST. And yet $10 is not that much, so it's a nice chance to buy some.
But again, creating a wallet, finding a nice website to do the thing.. I guess I'll never be a trader because mostly this is what stops me.


Title: Re: Buy Litecoin Inmediately.
Post by: lite on April 05, 2017, 07:41:19 PM
Ok im buying. Tell me when to stop!
Nobody can. Some think litecoin is a half-dead currency and just a clone of btc. Others think it is one of the best and will show how good it is when btc will become too expensive. I believe ltc is rather an investment for a long time and I'm thinking about buying some now since it's growing in price very FAST. And yet $10 is not that much, so it's a nice chance to buy some.
But again, creating a wallet, finding a nice website to do the thing.. I guess I'll never be a trader because mostly this is what stops me.
Price can also fall fast!! i bought at $9.5 and sold at $10.8 (didn't wanted to take risk) i made good profit lol. if price falls below $9 i'll be buying again few ltc and be holding for long term.


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 05, 2017, 08:50:54 PM
Get On Board. That's all I have to say.


Title: Re: Buy Litecoin Inmediately.
Post by: Frequency on April 05, 2017, 09:56:59 PM
Ok im buying. Tell me when to stop!
Nobody can. Some think litecoin is a half-dead currency and just a clone of btc. Others think it is one of the best and will show how good it is when btc will become too expensive. I believe ltc is rather an investment for a long time and I'm thinking about buying some now since it's growing in price very FAST. And yet $10 is not that much, so it's a nice chance to buy some.
But again, creating a wallet, finding a nice website to do the thing.. I guess I'll never be a trader because mostly this is what stops me.

I think it's time for you to check out for example KRAKEN.com ?  start there and later create a wallet with own keys?


Title: Re: Buy Litecoin Inmediately.
Post by: Fragbait on April 05, 2017, 10:04:12 PM
I've wondered (and asked) before why Litecoin would need SegWit, but never got an answer. For Bitcoin I get it: blocks are full, and transactions are slow and expensive. Current blocks have reached their limit.
Litecoin doesn't have any of these problems.

I've only found this on Reddit (https://www.reddit.com/r/litecoin/comments/5r562x/so_litecoin_is_adopting_segwit_now_when_what_does/):
Quote
And segwit opens the door to the Lightning Network + a ton of devs building on top of it. Pretty huge.
-- rw-stott
Is this really worth the hype?

Bitcoin holders have no reason to diversify to Litecoin without SegWit+LN because that can't solve the scaling either (4x the capacity is not solving the scaling). Without scaling solution Litecoin is useless. Without Bitcoin holders diversifying to Litecoin there won't be huge price surge. Litecoin miners need to demonstrate to investors and developers that they are agile and willing to progress so those frustrated with Bitcoin stalemate can move forward.

Speculation:
  • Bitcoin will stay as it is, an immutable blockchain with high fees unable to scale to daily use
  • Litecoin will have LN
  • Litecoin will have Mimblewimble
  • => LTC = 0.25 BTC

If we assume LTC will 25x against BTC, then if you diversify 4% of your current BTC holdings to LTC you have doubled your total BTC amount when that happens.


Title: Re: Buy Litecoin Inmediately.
Post by: btbrae on April 05, 2017, 10:19:04 PM
LTC actually has a few benefits to Bitcoin:

Better initial distribution, less Roger Ver types

Less hacks, most hacks 2011-2016 were for Bitcoin creating some shady bagholders, also the US Government

People new to cryptocurrency have a natural affinity to Litecoin as it is the underdog

Lead developer is Chinese and has political muscle

With Segwit+LN, there is literally no reason to be using Bitcoin for the short term as most places that accept Bitcoin also accept Litecoin. Because Bitcoin requires 95% to activate Segwit, then Litecoin will most likely be running Segwit+LN alone for most of 2017 or at least unless the Bitcoin price tanks and miners wake up.

The flippening could happen, but not with Ethereum as previously thought, but with Litecoin.

People love an underdog! Watch out...


Title: Re: Buy Litecoin Inmediately.
Post by: rokkyroad on April 05, 2017, 10:36:22 PM
LTC actually has a few benefits to Bitcoin:

Better initial distribution, less Roger Ver types

Less hacks, most hacks 2011-2016 were for Bitcoin creating some shady bagholders, also the US Government

People new to cryptocurrency have a natural affinity to Litecoin as it is the underdog

Lead developer is Chinese and has political muscle

With Segwit+LN, there is literally no reason to be using Bitcoin for the short term as most places that accept Bitcoin also accept Litecoin. Because Bitcoin requires 95% to activate Segwit, then Litecoin will most likely be running Segwit+LN alone for most of 2017 or at least unless the Bitcoin price tanks and miners wake up.

The flippening could happen, but not with Ethereum as previously thought, but with Litecoin.

People love an underdog! Watch out...

Good post. Ethereum never had a chance after exhibiting all it's flaws. 

This is like watching the good guy get knocked to the ground. Looks like he's out for the count but miraculously gets up and lays a beating on the bad guy.


Title: Re: Buy Litecoin Inmediately.
Post by: btbrae on April 05, 2017, 10:44:50 PM
I should also point out to users new to Litecoin that there is an Electrum wallet (https://electrum-ltc.org) available so that you needn't download the entire blockchain and one of the best ways to get started. Don't leave your coins on an exchange any longer than necessary.


Title: Re: Buy Litecoin Inmediately.
Post by: thejaytiesto on April 05, 2017, 10:58:18 PM
Ok im buying. Tell me when to stop!
Nobody can. Some think litecoin is a half-dead currency and just a clone of btc. Others think it is one of the best and will show how good it is when btc will become too expensive. I believe ltc is rather an investment for a long time and I'm thinking about buying some now since it's growing in price very FAST. And yet $10 is not that much, so it's a nice chance to buy some.
But again, creating a wallet, finding a nice website to do the thing.. I guess I'll never be a trader because mostly this is what stops me.
Price can also fall fast!! i bought at $9.5 and sold at $10.8 (didn't wanted to take risk) i made good profit lol. if price falls below $9 i'll be buying again few ltc and be holding for long term.

Looks like you fucked up. Price is going up convincingly and already past 12 dollars at BTC-E, and 0.0108 right now in Poloniex.

Im hoping for a further dip because I missed my latest buy order by a small amount fuuuck. I thin I stil can get in if the FOMO doesn't continue at this ridiculous rate.


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 05, 2017, 11:01:38 PM
I should also point out to users new to Litecoin that there is an Electrum wallet (https://electrum-ltc.org) available so that you needn't download the entire blockchain and one of the best ways to get started. Don't leave your coins on an exchange any longer than necessary.
Unless you like margin trading, then by all means profit at the exhange.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 05, 2017, 11:05:44 PM
@miscreanity what I see on those charts is that Bitcoin is making lower highs and lower lows after the $1280 (isn't that a double-top from the peak intraday price in 2013?), which is short-term bearish. And the candlesticks on Litecoin are forming a wedge pattern which about to breakout, either to the upside or downside (but normally such a pattern will continue in the direction it was on, so upside breakout).

Combine that chart understanding with the fundamental understanding of Bitcoin as Nash's ideal money (https://bitcointalk.org/index.php?topic=1837136.msg18422191#msg18422191), and that is why I posit that Bitcoin can't move higher until Litecoin catches up.

...

I am hypothesizing that BTC will be range-bound (eyeballing it perhaps $800 - $1150ish), until Litecoin has clearly signaled that it is resuming its relevancy and on the way towards an ATH.


That chart is clearly indicating that Bitcoin can't move higher until Litecoin catches up.

Litecoin's price is undergoing the same technology adoption as Bitcoin and all the rest, it is just that the first hump is very volatile (because silver is more volatile than gold for the reasons I have explained (https://bitcointalk.org/index.php?topic=1837136.msg18408976#msg18408976)). So this means Litecoin's price is going to $100+:

My prediction that BTC would remain range bound until LTC catches up, is so far proving to be true.

The simple reason for this is that the market is not stupid. The market knows that Bitcoin can't ever get any scaling improvements (https://bitcointalk.org/index.php?topic=1663070.msg18459085#msg18459085) to its protocol. Bitcoin will forever be relegated to small blocks, because it was intended that Bitcoin be the most reliable (i.e. no experimental shit) settlement layer for the power brokers of finance. As the fee per transaction rises to $10 on Bitcoin over this year (and let's guess $100 per transaction by 2019), then most of us will not transact on Bitcoin any more. We will transact on Litecoin. And Blockstream will transfer its efforts to Litecoin, which will give Litecoin legitimacy.

So Bitcoin can't move higher until it is assured that Litecoin will provide the scaling solutions that our ecosystem needs so that blockchains can begin to invade the mainstream world of payments systems and fractional reserve banking. Upthread I explained why Ripple is dogshit (https://bitcointalk.org/index.php?topic=1663070.msg18449535#msg18449535), so I expect once it becomes clear that Litecoin will have Lightning Networks coming, then Ripple will collapse. So the smart money should be moving from Ripple to Litecoin.

Note the current jump to $12 looks like it might be overheated and too fast, so I'd be cautious about buying too much too fast. Average in your buys in case we get a dip, but do get some now (nibble) if you don't have any because price can run higher yet. Yet I remain adamant that Litecoin is easily going to exceed $30 and probably $100 before the end of this year, unless somehow SegWit activation is defeated. At the moment SegWit signaling is at 70.8% for those blocks in the last 21 hours. We are very close.

Some myopic people haven't realized that Litecoin needs scaling because it will be receiving all the excess volume from Bitcoin that can't fit in Bitcoin's small blocks, and because the volume will increase exponentially with Lightning Networks enabling private fractional reserve banking and the banks will evangelize Litecoin ecoins to the masses. Litecoin either grabs this opportunity, else Ethereum will take this role with its coming Raiden clone of Lightning Networks. But Blockstream is not going to let that happen. Bobby Lee of BTCC is the brother of Charlie Lee the creator of Litecoin. BTCC will push SegWit activation over the 75% threshold with its GPU farm that is mining Ethereum, if need be.

Also myopic people don't realize that block size increases can't scale because due to the equation on orphan rate, orphan rates increases exponentially as block size increases. Exponential worsening is the antithesis of scaling for anyone who understands math and computer science. I also explained why Xthin is no solution to this dilemma (https://www.reddit.com/r/litecoin/comments/631ffe/pools_that_block_litecoin_development/dfr6db5/).

I was checking yesterdays trading  volumes and 22% of all crypto trading  was Bitcoin trading with fiat. 11% was Litecon trading with fiat.
If you take out bitcoin trading with alts, Bitcoin dont look that big anymore. 
and since talk in this thread was what LTC have that most other alts dont have is exactly this build infrastructure.

LTC would gain traction due to the centralists of the DCG
here is a list of those prominent services in DCG portfolio that have alot of sway of the whole crypt-onomy
-blockstream
-btcc(litecoin inventors brother)
-bitpay
-bitpesa
-changtip
-coinbase(litecoin inventor)
-coindesk (puppetmaster of propaganda owned by DCG)
-gyft
-kraken
-purse
-shapeshift
-xapo

plus many more

imagine if all of them (shh they are already becoming) start being LTC friendly. ETH wont stand a chance with being 'merchants accept' available


Title: Re: Buy Litecoin Inmediately.
Post by: NattyLiteCoin on April 05, 2017, 11:12:40 PM
It makes me happy that iamnotback loves the LTC.

👍


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 05, 2017, 11:20:27 PM
I opened a long at the low 700's and added to it at 880. Happy dance!


Title: Re: Buy Litecoin Inmediately.
Post by: mining1 on April 05, 2017, 11:30:06 PM
It even hit 13.5$ on kraken, so it seems the next 2-3 weeks untill segwit's activates the price will further increase. Apparently some people are also selling btc for ltc.

LTC's creator Charlie lee seems to think that the LTC price can increase up to 50$ and he casted a vote https://twitter.com/SatoshiLite/status/849695527268564992


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 06, 2017, 01:02:28 AM
One day it had 100k$ trading volume for 24H, and now it has fucking 21B$ trading volume on btc-e. Talkin about ltc obviously.

Don't enter from here or else you'll get burned. Fontas made a cumback it seems. Don't fall for it.

LTC is a good buy long term for this year but as of now it's bubbled, no way im getting back in under 0.009 hopefully by tomorrow we've corrected around there.

I traded the high 0.0113 and re-entered at 0.01. I am and have been 100% in LTC since $6.50. I invest based on fundamentals and my conviction. I am not really a trader.

I think it may push higher from here, but even if it dips to 0.009, I am happy holding this position, because all BTC holders who want to pay for goods & services have to come to LTC over the next year or so, else they won't be able to afford to transact. Speculation in BTC can of course continue on exchanges at low transaction fees because these aren't blockchain transactions, but if you hold your balances always on exchanges, eventually you will lose your money due to hacks and thefts.

LTC should rise over the next year or so to at least 0.05. It will likely overshoot to something ridiculous such as 0.2, due to way greater fool mass manias and speculation play out.

So 0.01 or 0.009 is splitting hairs. You run the risk of chasing it and never getting on board.

Bitcoin will never get SegWit, Lightning Networks, nor larger blocks. Anyone still talking/writing about that are wasting their breath/fingertips.

Right now we are in the attitude readjustment phase where Bitcoiners slowly pour cold water on their face and wake up to reality.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 06, 2017, 01:41:57 AM
And now finally we understand that indeed scaling can only happen on Litecoin:

Re: Well, well, well, now we know what Jihan Wu’s been up to.

Apparently, Jihan Wu has been covertly using some patented exploit called asicboost to gain 20%+ efficiency on his hardware that’s incompatible with SegWit. It all makes sense now. Hope he gets his ass sued off.

Shills care to chime in?

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-April/013996.html

Yup. Now everything is clear and now we know why everyone must buy LTC.

FUD.  Asicboost been known about for a long time and Bitmain holds the patent in China.

https://www.asicboost.com/patent

All ASIC manufacturing will be in China.

Sorry Bitcoin will never get SegWit nor LN, because Bitmain will block it on Bitcoin. And the whales of Bitcoin will always block larger blocks for the reasons I have explained else where.

But Bitmain is unable to block SegWit on Litecoin, even though they tried to.

Now we know why the other ASIC manufacturers are not against SegWit. They don't want to pay patent fees. Perhaps Baron Wu offered some deals to some others to get them to join his efforts.



Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 06, 2017, 01:44:54 AM
Now that Jihan and Bitmain have been outed as exploiting a vulnerability in Bitcoin's PoW and that SegWit would have made it impossible for them to continue exploiting this vulnerability the motivations for blocking SegWit and supporting BU have now become very clear. We're going to see a shift in SegWit support in Bitcoin very soon and LTC is also helping here by activating SegWit first. I can see some more room up for Litecoin until around 0.02 or $25, but this will change as soon as Bitcoin starts to make progress towards activating SegWit as well and people start moving back into BTC. If you think BTC will stay behind and never activate SW or LN you are sorely mistaken. Let's see what happens and see who turns out to be right.

We can't get 95% to activate SegWit on Bitcoin without Bitmain's approval. They have every right to protect their patent's value. Those who think Bitcoiners will rally to fight him are socialists and communists, who deny capitalism, game theory, and economic reality.

We can't lower the 95% threshold for Bitcoin, because it will cause too much risk and wild price swings.

Also we shouldn't be putting such experimental shit on Bitcoin. Bitcoin is supposed to remain reliable.

Sorry Bitcoin will remain unmodified, as Satoshi (aka Nash) intended its equilibrium game theory to be a clusterfuck of politics insuring the immutability of the protocol which is what gives Bitcoin its trust and value.

wait...
if his asicboost is rendered invalid, doesn't that make all his ASIC+asicboost hardware useless ( totally useless) ?

As I understand the whitepaper, yes it would because the logic gates for avoiding the optimization have been eliminated which makes it 20% more efficient.

All those who own Bitmain hardware for mining SHA2 coins, must fight SegWit.

If you fork and bankrupt miners who bought hardware, Bitcoin can never again be trusted. It means Bitcoin is run by democracy and not by immutability. Satoshi (Nash) will roll over in his grave.

The whales of Bitcoin will destroy any such fork. I guarantee you that!

Got LTC yet?  :P


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 06, 2017, 02:39:50 AM
^^ I never thought DASH would have hit .12 either. I wouldnt say LTC at $250 is impossible...just not this month.


Title: Re: Buy Litecoin Inmediately.
Post by: Karpeles on April 06, 2017, 04:17:58 AM
Litecoin price in dollars is more or less stable above 11.65, but Bitcoin is increasing, so the ltc/btc ratio is decreasing, from 0.011+ to 0.01 and lower only today.

Buy in the event(and not in the news, as recommemded) and while BTC price is recovering might not be advisable

Also the LTC dumps are really big when they happen


Title: Re: Buy Litecoin Inmediately.
Post by: ngocbkcse on April 06, 2017, 04:27:33 AM
I thought about doing the same recently. The price is about as low I I think it will be.


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 06, 2017, 04:51:21 AM
Litecoin price in dollars is more or less stable above 11.65, but Bitcoin is increasing, so the ltc/btc ratio is decreasing, from 0.011+ to 0.01 and lower only today.

Buy in the event(and not in the news, as recommemded) and while BTC price is recovering might not be advisable

Also the LTC dumps are really big when they happen

That's a good point, also another thing to consider is the possibility that long term bag holders will let this rise...I mean, why not?


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 06, 2017, 09:09:41 AM
You are high off your ass, there is no way you think that 1ltc will be worth $250+ anytime in the  near future, I say near because if longer then it would have to be worth even more as Bitcoin has a more stable growth.

Bitcoin can rise to $2500 in that time, especially if Litecoin has resolved the scaling problem for our ecosystem.

Why is LTC at 0.1 BTC implausible if LTC is the scaling solution for Bitcoin supporters?


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 06, 2017, 09:09:59 AM
The SegWit signaling has fallen back to 68 - 69%. One could postulate that all spare capacity for mining LTC was already brought onboard with the recent price increase. And that Bitmain will gradually eat away at that by producing more L3s which they keep for themselves to mine on LTC and block SegWit. The competitors may not have much resources as Bitmain, or just the fact that the L3 is twice as efficient as the A4 competition. I am not sure if that is the only scenario though. Maybe BTCC hasn't yet unleashed their GPU farm on LTC because perhaps they want to wait for a higher price. Maybe they want to stimulate one more price pump before making their move. There have been hacking attacks that have moved hashrate to different pools (https://bitcointalk.org/index.php?topic=1857162.msg18476366#msg18476366). So I don't know if a similar attack has been employed on LTC pools. I noticed some significant change in the LTC pool distribution compared to yesterday.

https://web.archive.org/web/20170406082911/https://www.litecoinpool.org/pools

https://web.archive.org/web/20170405041023/https://www.litecoinpool.org/pools

I had the thought that even if SegWit doesn't get activated, Litecoin has 4X more capacity in its blocks than Bitcoin, so it will have lower transaction fees. Yet I don't know if that would be compelling enough without real scaling.

Edit: Okay I was mistaken in thinking the activation period was only 24 hours. It is 2 weeks:

https://www.reddit.com/r/litecoin/comments/63nb70/how_long_does_it_need_to_be_over_75_before/

Edit#2: Ah I see it must be a specific retarget period!

Lock-in: If 75% of blocks within any retarget period signal support for segwit, it locks-in. SegWit transactions are now opt-in.

Activate: After another 8064-block (roughly two week) retarget period, segwit will activate, allowing miners to produce blocks containing segwit transactions on Litecoin’s mainnet.

Thus perhaps we can expect that BTCC won't throw its GPUs at LTC mining until the next block retargeting! Important find.

The next block retargeting begins in ~30 hours, and the following confirms the two week activation period:

Next block retarget (4 per activation period)

Since a retarget period is roughly 3.5 days, that means the prior 3.5 day retargeting period did not start with ~69% signaling.

So I conclude that we might see fireworks ~30 hours from now.



To be technical, ASIC miner CHIP manufacturing on the 14/16nm node is in either Taiwan (TSMC fab with input or part-ownership by Samsung) or New York State of the US (Global Founderies, ex-IBM fab) at this point.

Ah yes, I remember this from when I was researching mobile-CPU friendly PoW hash function designs in 2016, that Samsung had an advantage on 14nm chips for mobile.

Bitmain in particular has shown a LOT of issues with getting enough chips to make miners with- when you have LARGE companies like NVidia and AMD having availability shortages on their new cards that they plan to sell millions of, a small company like Bitmain has to settle for what capasity is left over (and keep in mind that AMD has long-term contracts locking in capasity at Global Founderies due to the ex-AMD fabs being part OF Global Founderies dating back to it's foundation and their sale TO GF by AMD - and a lot of the rest of GF capasity is locked into IBM for the SAME reason).

So doesn't this favor my hypothesis that Litecoin's price rise means ASIC supply is constrained thus hashrate will not rise as fast as price does, and thus older 28nm stock should come into mining and it should signal SegWit, because those guys want to remain profitable at higher prices.

I see that there are still a couple of KNC Titan Scrypt miners for sale on ebay. And as the price is rising the A2 Dominators are becoming viable to mine with. I see a shit load of A2s for sale on ebay at really cheap prices ($200, etc). You can practically but them for nothing and when the price rises enough you could flip then for a profit I bet. I haven't actually run the calculation to see at what price the A2s are generating enough profit.


Title: Re: Buy Litecoin Inmediately.
Post by: mining1 on April 06, 2017, 10:05:59 AM
@iamnotback, do you think ltc rise happens also because of bugs in bitcoin's POW protocol that are curently exploited ? ? They are exploiting it from all sides https://www.reddit.com/r/ethereum/comments/63pitn/new_exploit_in_bitcoins_pow_leads_to/

Also antpools mines empty blocks ( not sure to what end ).


Title: Re: Buy Litecoin Inmediately.
Post by: Vyrez on April 06, 2017, 10:14:01 AM
Get On Board. That's all I have to say.


Title: Re: Buy Litecoin Inmediately.
Post by: tiggytomb on April 06, 2017, 10:27:59 AM
I agree that litecoin is a buy at this moment. apart from the initial bump in price, it hasn't made any big moves yet. These LTC/BTC ratios are still extremely low and it has been sustainably higher for long periods in the past.

I wouldn't be surprised if we went to 20 usd or more this month.
Slowly creeping it's way back up to $50, it really could go further and there is no real reason it couldn't considering the price of bitoin, obviously it hasn't got the users or transactions currently that bitcoin is seeing daily but that just gives it more room for growth.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 06, 2017, 11:07:56 AM
Please tell me how is LTC not about to have a massive breakout to the upside (or to the downside?) within 6 hours or less?

https://i.imgur.com/h6yEeZ5.png

Odds are better than 50% for a upside breakout but can even be a false downside with a pullback to the upside:

http://thepatternsite.com/st.html

I sold my LTC. It broke down out of the symmetric wedge. Now we have to see if it is a false breakdown with a pullback. Otherwise it is headed back to 0.0075 or below. The market apparently is very doubtful, so maybe we have to pullback and reload.


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 06, 2017, 12:38:06 PM
Looks like a classic pullback to me so far. I think the mini dump was just the idiots trying to squeeze a couple dollars out of that BTC spike. That drops and LTC starts climbing again. So typical and one of the annoying aspects of crypto. Whiule I was typing this it climbed back into my triangle pattern.


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 06, 2017, 04:44:28 PM
Probably my last post on LTC:

^^ Do you watch buy support? It's been building from a low of 1600 this morning to over 2100 BTC now

Thanks I didn't and I should have. I'm not a professional trader. Otherwise I wouldn't have chickened out and sold. My acumen is on analysis of the technology, economics, and game theory. Also I am reasonably good at identify the major trends.

Any way, I re-entered LTC when it moved back above the bottom of the wedge. I am in a solid HODL stance now. I will stop looking at the chart. I will not trade it any more. To $50 or bust.



I posit a reason that Bitmain's surrogate pools will stop blocking SegWit on Litecoin soon (https://bitcointalk.org/index.php?topic=1857162.msg18481778#msg18481778).

If you read the entire linked thread, you will catch up on a lot of the details as to why I am nearly certain Bitcoin is going to remain small blocks and never get scaling.



as Satoshi (aka Nash) intended its equilibrium game theory to be a clusterfuck of politics insuring the immutability of the protocol which is what gives Bitcoin its trust and value.

What did I miss?

Nash?

I can't continue providing links to every thing I write all over the place. But one more time, go read this thread (https://bitcointalk.org/index.php?topic=1837136.msg18460434#msg18460434) and also this post (https://bitcointalk.org/index.php?topic=1837136.msg18459952#msg18459952).


Title: Re: Buy Litecoin Inmediately.
Post by: Monnt on April 06, 2017, 08:07:27 PM
Looks like a classic pullback to me so far. I think the mini dump was just the idiots trying to squeeze a couple dollars out of that BTC spike. That drops and LTC starts climbing again. So typical and one of the annoying aspects of crypto. Whiule I was typing this it climbed back into my triangle pattern.
I think it will go down soon, than it will go up, it will than go down again. You guys are focusing on too much fort he short term.
It is Litecoin we are talking about, as long as there is Bitcoin there will be Litecoin, they are now doing a great job and trying out segwith and LN, I think in the long term it will go even higher.


Title: Re: Buy Litecoin Inmediately.
Post by: tehMoonwalker on April 07, 2017, 10:18:46 AM
Yes buy at the high and then sell at a loss. The investors here are amazing.


This made my day hahhaa same like polo here


Title: Re: Buy Litecoin Inmediately.
Post by: TheFirstLady on April 07, 2017, 11:43:42 AM
Yes buy at the high and then sell at a loss. The investors here are amazing.

This is all because of emotions. Many people are very emotional and afraid to loose all money. This is how it happens usually


Title: Re: Buy Litecoin Inmediately.
Post by: Jumanji7 on April 07, 2017, 12:12:43 PM
I do not think it`s a good time to buy ltc because btc began going up and everyone will jump on btc train soon.


Title: Re: Buy Litecoin Inmediately.
Post by: FOMOFish on April 07, 2017, 09:11:55 PM
I do not think it`s a good time to buy ltc because btc began going up and everyone will jump on btc train soon.

Ltc dump is temporary. Ltc will be above 0.011 this month,


Title: Re: Buy Litecoin Inmediately.
Post by: acoco on April 08, 2017, 01:42:28 AM
I do not think it`s a good time to buy ltc because btc began going up and everyone will jump on btc train soon.

Ltc dump is temporary. Ltc will be above 0.011 this month,
What's with these speculations always being in bitcoin.Speculate in USD like every other damn investment. Bitcoin might be at $900 or $1200 at the end of this month.
Ltc have inflated on segwit, to fill there more people ... will fall a long time again at 0.004 I think


Title: Re: Buy Litecoin Inmediately.
Post by: Miketaz on April 08, 2017, 01:55:35 AM
I do not think it`s a good time to buy ltc because btc began going up and everyone will jump on btc train soon.

Ltc dump is temporary. Ltc will be above 0.011 this month,
What's with these speculations always being in bitcoin.Speculate in USD like every other damn investment. Bitcoin might be at $900 or $1200 at the end of this month.
Ltc have inflated on segwit, to fill there more people ... will fall a long time again at 0.004 I think

What do you mean by "Ltc have inflated on segwit, to fill there more people"?


Title: Re: Buy Litecoin Inmediately.
Post by: Herbert2020 on April 08, 2017, 06:09:43 AM
I do not think it`s a good time to buy ltc because btc began going up and everyone will jump on btc train soon.

Ltc dump is temporary. Ltc will be above 0.011 this month,
What's with these speculations always being in bitcoin.Speculate in USD like every other damn investment. Bitcoin might be at $900 or $1200 at the end of this month.
Ltc have inflated on segwit, to fill there more people ... will fall a long time again at 0.004 I think

What do you mean by "Ltc have inflated on segwit, to fill there more people"?

he is trying ti imply that because of the news about SegWit price of litecoin has gone up and it is pumped. but he is forgetting that the pump started before any change in SegWit adoption and because of the dump of Ether and Dash and all the money that came into litecoin outside of those pump coins.

SegWit started after the pump started. and yes litecoin may be a pump right now like other altcoins but it is not over and falling back to 0.004 is not going to be in the near future.

p.s. back up to 0.009BTC now.


Title: Re: Buy Litecoin Inmediately.
Post by: JessicaG on April 08, 2017, 01:08:38 PM
he is trying ti imply that because of the news about SegWit price of litecoin has gone up and it is pumped. but he is forgetting that the pump started before any change in SegWit adoption and because of the dump of Ether and Dash and all the money that came into litecoin outside of those pump coins.

SegWit started after the pump started. and yes litecoin may be a pump right now like other altcoins but it is not over and falling back to 0.004 is not going to be in the near future.

p.s. back up to 0.009BTC now.


SegWit hasn't started at all. It's signaling it. And it was already signaling such, before the pump.  ;)


Title: Re: Buy Litecoin Inmediately.
Post by: FOMOFish on April 09, 2017, 01:03:59 AM
Scaling into a ltc short to hedge my spot ltc. I believe ltc will see sub .008 this month with a 1250+ btc.


Title: Re: Buy Litecoin Inmediately.
Post by: prabakharras on April 09, 2017, 03:03:32 AM
LTC has finally woken up, and it is coming? https://www.coingecko.com/en/chart/litecoin/usd


Title: Re: Buy Litecoin Inmediately.
Post by: pereira4 on April 09, 2017, 10:07:45 PM
No chance to get segwit without UASF. The ones that sold this morning at a loss did a good job, I can see it going lower. Time to search for another altcoin to make some gains for the time being...


Title: Re: Buy Litecoin Inmediately.
Post by: hankyulpark on April 10, 2017, 12:41:51 PM
I believe that LTC is doing the job that an altcoin has to do. Offer a new feature that BTC doesn't have, gain the media that comes with it, the price pump that is inevitable and tries to keep part of both (media and money) explaining why it is a good option for a specific BTC's gap (in that case, SegWit). If LTC succeeds in doing this, the price level will remain in the long term. If not, most of the money will go away.


Title: Re: Buy Litecoin Inmediately.
Post by: oaks05 on April 10, 2017, 08:11:03 PM
I plan on picking me up some litecoin as soon as these funds clear takes forever sometimes but ohh well, wont be shorting just holding and seeing where it goes.


Title: Re: Buy Litecoin Inmediately.
Post by: Ctstrphy on April 10, 2017, 08:27:42 PM
I am planning to get some myself. I just started trading today and it is going pretty well. Where do you get all the news like this?


Title: Re: Buy Litecoin Inmediately.
Post by: lionheart78 on April 10, 2017, 09:29:21 PM
i do not think will go up. be careful

It will go up, the hype is strong to be ignored.  There are a loud noise saying LTC will increase in price soon. And we all know that whenever there is this loud noise over a coin in a positive way, people will get interested to the point of joining the club in fear of missing out.  It happen and will always happen. 


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 12, 2017, 02:03:59 PM
LTC hit .01 again. BW started signalling segwit. If it holds up segwit might activate. The problem I see is that there are only 1300 or so blocks left to mine during the activation window. If one of the pools stops signalling segwit will not activate.

Current hashing power is at %75. However blocks mined with segwit support is at 65.8%. For Segwit to activate there has to 75% of 8064 block window to activate. BW just joined in and Antpool has lost 3% of their miners in the past couple of days.

It's going to be close. If LTC1BTC were to activate we could see it. There are what appears to be 3 pools not signalling. LTC1BTC is the one that needs to activate.



Title: Re: Buy Litecoin Inmediately.
Post by: boltz on April 12, 2017, 02:34:51 PM
I don't think ltc will rise immediatly after segwit , it may take some months .


Title: Re: Buy Litecoin Inmediately.
Post by: oaks05 on April 12, 2017, 03:27:45 PM
Ltc has already risen 20% since mining the first segwit block, but i think u meant take off beyound that but ya at least until where we see where segwit is in a couple days when its time to mine the next round of blocks


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 13, 2017, 02:01:28 PM
It will not activate during period 5. Period 6 is a strong possibility. Plan your moves accordingly.


Title: Re: Buy Litecoin Inmediately.
Post by: Bemerand on April 16, 2017, 11:11:55 PM
Just a reminder to do as the title says. Big stuff is about to happen with ltc.



Title: Re: Buy Litecoin Inmediately.
Post by: reasv on April 17, 2017, 12:16:29 AM
Regret not getting back into LTC recently when I had the chance and it was half the price it is now.
Oh well, at least I'm not that late either.


Title: Re: Buy Litecoin Inmediately.
Post by: boltz on April 17, 2017, 12:49:21 AM
Just a reminder to do as the title says. Big stuff is about to happen with ltc.



Hope you are right mate .


Title: Re: Buy Litecoin Inmediately.
Post by: Bemerand on April 17, 2017, 12:50:05 AM
Just a reminder to do as the title says. Big stuff is about to happen with ltc.



Hope you are right mate .

Hope is for pussys. Just buy some and thank me in a few weeks.


Title: Re: Buy Litecoin Inmediately.
Post by: oaks05 on April 17, 2017, 01:19:33 AM
volume just went up the past few mins big time headups to everyone


Title: Re: Buy Litecoin Inmediately.
Post by: oaks05 on April 17, 2017, 01:32:40 AM
its calming down a little but its ok still bought a few mins before it made that lil pump, maybe just testing the waters lol


Title: Re: Buy Litecoin Inmediately.
Post by: Instamined on April 17, 2017, 01:35:18 AM
Litecoin is a FOMO cow that is being milked six ways to Sunday.


Title: Re: Buy Litecoin Inmediately.
Post by: oaks05 on April 17, 2017, 01:40:44 AM
Litecoin is a FOMO cow that is being milked six ways to Sunday.
ive been shorting another coin today and been using my litecoin funds temp than i saw it creeping up and fomo def kicked in lol


Title: Re: Buy Litecoin Inmediately.
Post by: Instamined on April 17, 2017, 01:48:15 AM
Litecoin is a FOMO cow that is being milked six ways to Sunday.
ive been shorting another coin today and been using my litecoin funds temp than i saw it creeping up and fomo def kicked in lol

Every idiot knows the segwit coinbase blah blah now. I was expecting something to bust some of the fomoers from earlier this weekend when it hit a similar price point... .009 .0085..

Who knows? Not me.


Title: Re: Buy Litecoin Inmediately.
Post by: thejaytiesto on April 17, 2017, 01:52:20 AM
Looks like it was a good idea getting in below 0.01.


Segwit signaling looks healthy, coupled with the Coinbase addition it's a good deal to hold. Of course we are always subjected to some dumb chink ruining the uptrend, but let's try not to think about that and enjoy the gains for the time being. I believe there is good enough traction to hit $20 and more if you like to gamble.


Title: Re: Buy Litecoin Inmediately.
Post by: oaks05 on April 17, 2017, 01:54:18 AM
Looks like it was a good idea getting in below 0.01.


Segwit signaling looks healthy, coupled with the Coinbase addition it's a good deal to hold. Of course we are always subjected to some dumb chink ruining the uptrend, but let's try not to think about that and enjoy the gains for the time being. I believe there is good enough traction to hit $20 and more if you like to gamble.
i checked the status yesterday on coinbase and under digital currencies it said litecoin operational, so they got to be getting close it has since been taken down but it looks like they def been testing it out to get it ready to go.


Title: Re: Buy Litecoin Inmediately.
Post by: oaks05 on April 17, 2017, 06:37:27 AM
Got to learn how to read these charts better been price watching all day still having a hard time following sometimes when theres gonna be a dip


Title: Re: Buy Litecoin Inmediately.
Post by: Herbert2020 on April 17, 2017, 06:43:36 AM
volume just went up the past few mins big time headups to everyone

as i said before, the short term (in minutes) volume is meaningless. and the volume when price moves (up or down) is also meaningless, that only shows people are selling or buying and that can already be seen on the candlestick charts as price not volume.

the volume that matters (you can speculate based on) is when price is not moving and the volume is still up.
for that take a look at daily or at least hourly charts (volume) if the price was with little to no change (like for the past week in litecoin) but volume is still up that means accumulation and leading to a rise.

otherwise it is way too obvious with price change volume rises. for example if i go on polo and dump something like 3x 10BTC worth of litecoin the volume is going to rise up to 200-300BTC while price panics to 0.0100BTC (example with a little exaggeration).


Title: Re: Buy Litecoin Inmediately.
Post by: iamnotback on April 17, 2017, 06:45:03 AM
How do you like my perfect timing on LTC yet again! That is twice that I said emphatically "buy now" right before the blast off in the price.

That shows you how much BTC on this forum is influenced by me. I have a wide following in our community, when measured by wealth.

I have been able to decipher the long-term recursive fractal pattern and have been predicting the moves precisely and piling up the BTC profits going long, then short, then long, etc.. Note I will not tell you the exact price levels, nor my secret method.

LTC will pullback a bit here, but it is going much higher. Feel safe to enter at 0.01035. And make sure you buy LTC before April 19 when BTC will begin its decline by -30% due to the Scalepocalyspe (and possibly some other event involved ing BitFUnix or such).

Note LTC will make a peak price some where far above 0.0106, then it will decline back to long-term support. Then over the next 2 years LTC will make a ATH (as priced in BTC) which is means higher than 0.04. So holding LTC after the pullback will mean quadrupling your BTC over the next 2+ years.


Title: Re: Buy Litecoin Inmediately.
Post by: WarrEagle on April 17, 2017, 12:35:41 PM
Just a reminder to do as the title says. Big stuff is about to happen with ltc.



Hope you are right mate .

Hope is for pussys. Just buy some and thank me in a few weeks.
You win the internet for today. Best. Comment. Ever.


Title: Re: Buy Litecoin Inmediately.
Post by: Ctstrphy on April 19, 2017, 12:54:27 PM
It's good to hold some but don't go all in. Maybe in a few days it will drop a little more and then rise up. It is really evident that something big will really happen.