LTC Segwit is over 70%

[boltz]

We could seen a breakout in price soon I think .

[Ayers]

Looks like it is not going to make Segwit  

Why do you say that??? It's currently at 82%

Because YOU do not understand the activation process. There must be 75% of an activation period of 8064 blocks. We are in period 5. There is no way it will activate in period 5 because there are not enough blocks left to achieve the required 75% activation.

Period 6 is where it CAN happen, if things stay the way they are. Do you think that is going to happen?

what do you mean with period 5 and 6? from what i have understood, segwit need to remain activate for 8064 block and we are at 7383 block, check this http://litecoinblockhalf.com/segwit.php, less than 700 blocks are left before activation

It needs to hit or exceed the 75% for the entirety of an activation window.  This window it was averaging in the high 60 percent for most of it so it won't hit the 75% overall needed.  Next window/retarget starts tomorrow, so it needs to stay at this 80+% for about two weeks starting then.

that site say that only 258 block are left until period end, litecoin have 576 block per day, this make us need only for half a day for this activation to happen, the two weesk have almost passed already, or that is a bad indicator?

[BitcoinHodler]

-snip-
that site say that only 258 block are left until period end, litecoin have 576 block per day, this make us need only for half a day for this activation to happen, the two weesk have almost passed already, or that is a bad indicator?

that is not how it works. that site should really make this clear with a little footnote or something so that people can easily understand it.

the activation period is the period between two difficulty adjustment times and that happens (edit apparently it has nothing to do with difficulty) every 8064 block (i believe it takes 2 weeks). and hash rate supporting the proposal has to reach above 75% before the adjustment (which already have ) and then it has to stay there for the whole next period.

in short this period is finished in 10 hours, 32 minutes and in 14 days SegWit will be activated if nothing changes!

[mr.mister]

BEWARE: FOUND WHAT'S BELOW ON ANOTHER BLOG.



currently Jihan Wu, or Jihad Wu as I like to call him, through his mines controls 27% percent of the hash power of Litecoin. He is currently voting for segwit, then when it gets close to all time high support, he is changing his signal, to pump and dump the price. He is also at the same time accused of secretly using ASICBOOST to cheat us all in the bitcoin sphere. He will fight to the end against segwit as it blocks his abilty to cheat us, and it renders alot of his hardware useless, which could bankrupt him.

Unless we can get 3% of the miners in pools for Lite coin to switch from pools in the control of Satan, and then hol for two weeks (bear in mind Jihad makes the machines and may have more standing by) the only possible way to get segwit is to use UASF, which is highly risky and never attempted.

Most of those statements are just patently false. Do you believe everything you read?

For example "renders alot of his hardware useless." Is just totally incorrect. He could still mine with that hardware, he would just lose his ASICBOOST 'advantage'. You should be more thoughtful before posting such drivel.

The one who lacks information, apparently is you.

Jihan Wu is probably using AsicBoost, besides on the antpool, his cloudmining operations. What if AsicBoost was taken away? That would be a major disaster for his cloud mining???

Why is the Antpool NOTORIOUS for producing empty blocks, a result of AsicBoost?

[rangedriver]

We could seen a breakout in price soon I think .

Yep.

We're certainly heading back up for an attack on 0.0112.

0.008 provided a healthy foundation for a 38.2% retraction (more or less).

I've been saying for years that Litecoin has permanently etched its legacy into the history books as one of the original classic cryptocurrencies. It now has reached an inertia which can only be built-upon.

As soon as people realise that:-

1. Litecoin will always be around.
2. Litecoin is massively underpriced.

... then you will see a huge seismic shift in the price.

For starters, a $100 Litecoin is entirely reasonable and achievable.

[kryptqnick]

We could seen a breakout in price soon I think .

Wasn't a break out already there about 2 weeks ago? I think the price for now on can only fluctuate for less than a dollar. Litecoin has made its breakthrough and now need time to stabilize at least here and even this will be hard since it looks like the price was actually pumped. Otherwise it is hard to explain one it suddenly grew up that much and that fast.
Well, I think litecoin is a good coin anyway and one day it will cost lots of dollars like bitcoin does. Especially if btc ends up being to expensive to use due to transaction fees.

[kelsey]

We could seen a breakout in price soon I think .

Wasn't a break out already there about 2 weeks ago? I think the price for now on can only fluctuate for less than a dollar. Litecoin has made its breakthrough and now need time to stabilize at least here and even this will be hard since it looks like the price was actually pumped. Otherwise it is hard to explain one it suddenly grew up that much and that fast.
Well, I think litecoin is a good coin anyway and one day it will cost lots of dollars like bitcoin does. Especially if btc ends up being to expensive to use due to transaction fees.

disagree,even very short term there's heaps of justified upside potential in the price of litecoin examples;
mining pools stopping playing games with segwit, more segwit certainty, chinese exchanges allowing litecoin withdrawal (which they don't atm and haven't so for over a month), chinese pump ie its not chinese pump atm as chinese exchanges are lagging on US etc exchange, coinbase listing of litcoin......list goes on

[wolfracer]

We could seen a breakout in price soon I think .

Yep.

We're certainly heading back up for an attack on 0.0112.

0.008 provided a healthy foundation for a 38.2% retraction (more or less).

I've been saying for years that Litecoin has permanently etched its legacy into the history books as one of the original classic cryptocurrencies. It now has reached an inertia which can only be built-upon.

As soon as people realise that:-

1. Litecoin will always be around.
2. Litecoin is massively underpriced.

... then you will see a huge seismic shift in the price.

For starters, a $100 Litecoin is entirely reasonable and achievable.

I totally agree with you I will try to buy all LTC I can, starting today. I know this is a risky bet but nobody makes money without risks.

[kelsey]

Sell all crypto-currency to fiat IMMEDIATELY. BTC will dive -30%. Altcoins will decline even more. SegWit and scaling has been defeated on both Bitcoin and (at least near-term) also Litecoin. Also there are macroeconomics things going on which will also hit gold and every asset except USD. Store your money in USD or altcoin USDT (dollar peg) temporarily until this dip has concluded.

https://bitcointalk.org/index.php?topic=1663070.msg18594538#msg18594538

yep saw the cup and handle form  but then the dish ran away with the spoon 

in all my years of trading, meeting trader form many flavor of markets all over the world one thing i've noticed; i'm yet to see a wealthy chartist  go figure

[OrangeP]

Sell all crypto-currency to fiat IMMEDIATELY. BTC will dive -30%. Altcoins will decline even more. SegWit and scaling has been defeated on both Bitcoin and (at least near-term) also Litecoin. Also there are macroeconomics things going on which will also hit gold and every asset except USD. Store your money in USD or altcoin USDT (dollar peg) temporarily until this dip has concluded.

https://bitcointalk.org/index.php?topic=1663070.msg18594538#msg18594538

yep saw the cup and handle form  but then the dish ran away with the spoon 

in all my years of trading, meeting trader form many flavor of markets all over the world one thing i've noticed; i'm yet to see a wealthy chartist  go figure

This. There is not a single technical trader in fortune 500. There never has been one.
SegWit has not failed. Litecoin will be user forked and shit bitcoin in the face.

[iamnotback]

Litecoin will be user forked and shit bitcoin in the face.

USAF will bankrupt everyone who enjoins it.

[vsyc]

iamnotback, what all these trolling does in LTC segwit thread or any other related LTC threads? Your overheated meth dumped brain creates quests "Find a thread to escape a collapse?"

Why 30% why not 80%, damn small games.

[bircoin]

Too late to buy, too early to sell. I did not trust Ltc very much. For definite results you have to be 80%. good luck

[loreRex]

Too late to buy, too early to sell. I did not trust Ltc very much.

Too late to buy? The pump has not even started yet...

[mr.mister]

Too late to buy, too early to sell. I did not trust Ltc very much.

Too late to buy? The pump has not even started yet...

I just bought 57 LTC coins.

[OrangeP]

Litecoin will be user forked and shit bitcoin in the face.

USAF will bankrupt everyone who enjoins it.

Why?
(this is a forum... always happy to hear other opinions.)

[JGoRed]

Too late to buy, too early to sell. I did not trust Ltc very much.

I'm sure we've got a lot more pumping to do soon. There's plenty of time to buy.

[Nathan047]

...
For starters, a $100 Litecoin is entirely reasonable and achievable.
...

Are you sure about that? I know it is defiantly looking like it will be pumped, but I don’t feel like we could easily get past about 60$, much less 100.
Then again, I’m no expert.

[Searing]

...
For starters, a $100 Litecoin is entirely reasonable and achievable.
...

Are you sure about that? I know it is defiantly looking like it will be pumped, but I don’t feel like we could easily get past about 60$, much less 100.
Then again, I’m no expert.

Ah..but remember any crypto will do exactly the right thing ..but always at the wrong time for you as an individual....its how it rolls...(why I hold)

[boltz]

guys guys guys that was just the start of the engines .