Largely this. Anyone who thinks Litecoin would cheerfully sail towards Segwit without Bitcoin politics infecting it is on the naïve side. It's nothing to do with LTC and everything to do with BTC.

The more brazen they are the harder they'll eventually fall. Everyone in LTC apart from the usual Chinese cartels wants Segwit.

Largely this. Anyone who thinks Litecoin would cheerfully sail towards Segwit without Bitcoin politics infecting it is on the naïve side. It's nothing to do with LTC and everything to do with BTC.

The more brazen they are the harder they'll eventually fall. Everyone in LTC apart from the usual Chinese cartels wants Segwit.

So whats the update? There are some people in the forum saying that F2pool is trolling everyone. They say theres no clear reason why F2pool is starting to support Segwit and what their real motives are.

Do you think something could blow up on Segwit supporters' faces?

The government is the main obstacle that hinders bitcoin. The crimes are not caused by bitcoin, it is caused by people and they use bitcoin to make that crime, even fiat is not to be blamed so why blame it on bitcoin. Inflation is not a new thing. It has always been there since fiat exist and since bitcoin is like fiat in a way, then inflation will be there also. As for the security, bitcoin's security is strong enough to withstand attacks, wallets and exchanges are the one who are prone to attacks.

Going back to the government (in some countries), they impede bitcoin's progress and growth because of its anonymity and decentralization. We cannot blame bitcoin for being like that because bitcoin is bitcoin and that's that, the government just have to compromise and deal with bitcoin just the way it is.

regulation, come to my mind first, after all amazon and other are not accepting bitcoin because of no proper regulation, japan did experienced an increase after they regulated and accepted it as a payment

if every government follow what japan did, you can be assured that bitcoin will be successful

I hope this is true. With Wang Chun you never what you will get. He likes to troll and play the market as well.
But I agree that the majority wants SegWit and miners should finally accept that instead of stalling technological progress just for short term profits! Especially Jihan Wu is a very big problem in that regard.
And if SegWit should get activated we will easily move over $2000. However the way to go is still very long!

Care to provide a reference? Are you a miner on their pool and have this information this way?

I'm actually surprised that they started signaling for both btc and ltc as he was even reluctant to signal ltc a few weeks ago.

I guess it is ultimately up to the miners as they can choose to leave the pool at any point if they don't agree with the direction taken.

The question needs to be clarified before it can be answered.

By mainstream currency, do you mean fiat currency? If you do here's the reason it can't happen:


By mainstream currency, do you mean a regularly used means of exchange used by the masses? If you do then it depends on government regulations and acceptance.

Japan for example is becoming more open to Bitcoin than any other country. The U.S. treats Bitcoin more like a commodity and has stiff laws against making a competing currency. In the U.S. a man named Bernard von NotHaus was found guilty of counterfeiting charges for minting and distributing a form of private money called the Liberty Dollar. There are ways around that problem even in the U.S., during the Great Depression, local governments, businesses and individuals issued currency, known as scrip, to keep commerce flowing when bank closings led to a cash shortage. Scrip is legal but, by law, may not resemble federal bills or be promoted as legal tender of the United States. That's kind of where Bitcoin is now but people have always been hesitant to accept scrip as they would government fiat. It will take some time for wider acceptance to happen because trust must be established first.

You're right, Bitcoin could serve all the functions of money you outline. It could be a medium of exchange, a unit of account, and a store of value. Widespread use as those functions depends on governments regulation of Bitcoin (or lack of), the individuals willingness to accept scrip instead of their local fiat, and bitcoins continued evolution. Right now, today, Bitcoin isn't ready for the job.

I feel its more education than anything, honestly for someone like myself I heard of bitcoin way back in like 2010 or so, sounded interesting wanted to spend 20$ on buying some but opted not to (bad decision could have made some money).  The reason why I didn't? It was confusing as hell to understand how to even get started. Fast forward now to 2017, I'm only starting to get in on this, and why?  Because there are slightly more resources now to understand what in the world bitcoin actually is and how to actually get started. 

Maybe if one day from an early age if people's kids are taught how to use bitcoin and what it is, then it will become more mainstream.

I don't agree with him that bitcoin is overvalued in terms of price because we can't get to this price point if there is no real support from the users or investors of bitcoin. Bitcoin is a controlled free currency and its price is always depending in the market so there is no proof that bitcoin is really overvalued.

If bitcoin is overvalued then there is a lot of bitcoin users, holders and investors are doing panic selling because the price is not stable when overvalued. So i highly believed that bitcoin is not overvalued and it deserves what its current price now.

Who can say that Bitcoin price is overestimated? It's the market and the factors that influence it who deteremines the Bitcoin price. Price is volatile and changes all the time and despite some theories I don't think the price could be deliberately manipulated. Besides, I don't think that high value could harm Bitcoin.

the first mistake this guy is making is calling it a currency. it really isn't for now. for most people it's an asset.

Are you talking about Zhang Jian 
I think he is involved with ripple which was made for banks and are not truly decentralized project.

Doesn't this already achieved with bitcoin?

Now the cloud computing too acts something similar to what's been described by op. Personally I believe blockchain is an evolutionary technology that gets usage not only in the cryptographic sectors but found all over as well making an ease of usage serving as a cost effective solution.

Who can verify the news is factual? Or simply made up?


I have a member that was the head of a major mafia gang with global network. He managed the financials of this gang and at one time he was responsible to launder as much as 20% of the entire supply of Bitcoin available. It was no easy task. He had to use various means to spread (sort of) the Bitcoin allocation to various investment assets under the radar. Or course some of the means to do so includes using the services of localbitcoins.com and some unknown Bitcoin exchanges. Others include buying Bitcoin tokens from Chinese mining companies using Bitcoin itself. Today the gang has no more Bitcoin left. All successfully laundered into fiat. Do you believe this story? Who can verify as facts?

Even I can write fake news.

And by the way, did I tell you of a friend that is the step daughter of the ex-Phillipino prime minister? Apparently she is in ownership of some half a ton of pure gold bars.