LTC Segwit is over 70%

[Fragbait]

WE need a frigging crypto version of Batman......no law out here in the ASIC wilderness.....

You could always go visit Jiyhann, Lucy style.

[Nathan047]

LTC slightly down right now. When will we see 12-13usd again?

Potentially. LiteCoin will probably either get SegWit and we will see a big boost in Litecoin, or LiteCoin will crash and we will see a big dump. I guess we’ll see soon.

[JGoRed]

LTC slightly down right now. When will we see 12-13usd again?

We should probably see a 20$+ of LiteCoin if Segwit is activated, otherwise it'll probably only continue it's decline.

[mr.mister]

Where is the Litecoin leadership, and what are they saying? It looks like there is starting to be a lack of organization. What are their official plans for the currency? It does not appear That they can sustain 75% for not even a few days, so what is the plan? Are they just going to take it in the rear from Jihan Wu, or will they stand up to him and do something??? I see no official word anywhere. It doesn't look like a good sign.

[Nathan047]

Well, Litecoin SegWit is at 65%. I am honestly pretty surprised that it didn’t drop very much, but then again there were probably not many people expecting LiteCoin to pass SegWit on the first go.

[JGoRed]

Segwit is at 69%, prepare for some cheap coins everybody. Looks like the manipulators are still manipulating , although I don’t think anybody didn't see that coming.

[MontyK]

If the miners stay above 81% (currently 89%) for the next 26 hrs then it's all green lights.


I expect Jihan to come in and smash it though!

[Searing]

If the miners stay above 81% (currently 89%) for the next 26 hrs then it's all green lights.


I expect Jihan to come in and smash it though!

Unless he gets other pools..then the big ones he had before it is unlikely....at this stage..imho
due to the direct relationship of this surge in LTC price ($15.30) connected it seems to them
all holding hands and resolving  with this seg witness annoucement ...to wrap this up.

He and Bitmain ..imho....would not have enough to stop seg witness my concern is he just KEEPS the pre-order
miners he used to stop seq witness (or try to) and just send everyone $$$ back that
he upsurped the last month....ack...I have 4 L3+'s May 5th batch ..that would suck....

Hell ...going full evil ...its what I'd do...maybe......you'd have to toss in a 'trophy wife' but I could be bought...

then again 75% of my scrypt pow LTC mining is ROI'd KNC Titans...so I'm conflicted.....on the other hand ..seems MAYBE my ass is covered if it goes either way

(seems like a lot of FUN to go full evil... BFL/KNC/Bitmain....they all seem such 'happy' evil souls when it works )

must resist......argggh.....................the dark asic side of the force......


hmmmm....thats a trap too......utterly confused on wtf is going on Mind can not function....

I"m sorry ...frigging $15.30 LTC has me completely befuddled...it will take me week
or so to accept the fact ...this is all not just a fevered asic dream

I mean it was $4.15 LTC less then 2 months ago right???

crypto always drama.....then trama

[MontyK]

I'm trying to work out if he's actually got all those borrowed machines deployed to LTC or not.

He only needs to push it down to 80% atm and its all over

[Searing]

I'm trying to work out if he's actually got all those borrowed machines deployed to LTC or not.

He only needs to push it down to 80% atm and its all over

Hmmmm...I was under the impression 75% was what was needed....

NOT saying he could not do so..but WHY...he mined what 25% of the LTC hash rate for 1 month with
others peoples $$$ (say 1/2 of that hash was pre-orders)....he got his way on the agreement on block size increase...
and likely NOW that he went "to the light" he is probably selling more ASIC LTC machines then
he can keep up with..the grand plan also probably involved months before where he hoarded LTC
to dump at the right time (info is power)

as a diversify way to win/win/win I see no downside for Bitmain...for the next few months at least

On the other hand, he could just be so rich and so evil he has reached 'super villian' status
and just does not give a F*ck any more....(the let it all burn approach)

After this month, I'm flabbergasted.......so no clue on future madness by all involved
blindsided by all this ..and managed not to buy overprice asic equip by pure luck only....taking
a break (whew!)

[MontyK]

75% is correct as the overall target to lock in segwit.  It's at about 72%.  The signalling for the last blocks need to maintain 81% or better to achieve 75%.

ANything under 80% and Jihan wins

[MontyK]

Goodbye Asicboost for LTC 

[Dobmader]

75% is correct as the overall target to lock in segwit.  It's at about 72%.  The signalling for the last blocks need to maintain 81% or better to achieve 75%.

ANything under 80% and Jihan wins

Jihan also supports SegWit.

[Searing]

Goodbye Asicboost for LTC  

Maybe Bitmain found a 'work around' ..in that I heard ASIC Boost is done at the "pool end' so no one would know.

Sure would explain the 'about face' better from Bitmain on Segregated Witness. (er I guess that is a hidden slam against Bitmain's motives thou)

[emdje]

Looking great now, last 24 hours the support was well over 95%. If it stays that way it will be accepted

[pedrog]

More 1346 blocks signaling SegWit and it gets "locked_in" status in this activation period, we can get can SegWit activated in the next 18 days or so.

Hodl your hands!

[Nathan047]

More 1346 blocks signaling SegWit and it gets "locked_in" status in this activation period, we can get can SegWit activated in the next 18 days or so.

Hodl your hands!

I sure hope so. If SegWit is activated than I am sure we will all have a few extra bucks worth of LiteCoin.

It does really look like we’ll get SegWit, but then again those whales are tricky.

[Hatat]

More 1346 blocks signaling SegWit and it gets "locked_in" status in this activation period, we can get can SegWit activated in the next 18 days or so.

Hodl your hands!

I sure hope so. If SegWit is activated than I am sure we will all have a few extra bucks worth of LiteCoin.

It does really look like we’ll get SegWit, but then again those whales are tricky.

It is activated. I think the price will rise further.

[JGoRed]

It is activated. I think the price will rise further.

I sure hope so.

It's currently looking like it's on an uptrend so I'm holding onto most of my Litecoin, but I did sell some of it because I'm still not convinced that this pump will continue.