Segwit in LTC is almost here

[bbc.reporter]

The market is reacting positively as Segwit for litecoin nears. The price is going up in Poloniex and at the other exchanges and this might take the cryptocoin back to its rightful place in the top 3 and some loyalists would go far and say the silver to bitcoin's gold at top 2 in coinmarketcap.com.

Who here shares the same opinion?

Litecoin Moves Within 5% of its SegWit Activation Threshold



The litecoin network appears to be on the cusp of enacting a technical upgrade that would boost the capacity of its network.

At press time, just over 70% of litecoin's miners were signaling support for Segregated Witness, a technical innovation first pitched as a scaling solution for the bitcoin blockchain, but that has not yet seen similar levels of adoption from its miners.

With increasing support, litecoin is now just 5% shy away from achieving the 75% network consensus threshold required for activation. On bitcoin, by contrast, just 31% of miners are signaling that they would support the software upgrade.

Notably, litecoin first began offering miners the ability to flag support for the proposal on 3rd February, nearly three months after the code was released to the bitcoin network.

Going forward, two large mining pools have yet to signal their intention to activate SegWit, and thus could ultimately prove the deciding vote.

Read the full article http://www.coindesk.com/litecoin-blockchain-segwit-activation-threshhold-scaling/

[WarrEagle]

I was always hopeful of $LTC. Back when it was #2 I thought it was a solid investment. Then I lost my shirt on it over the next 6 months. LOL

[shinratensei_]

The market is reacting positively as Segwit for litecoin nears.

This a SegWit hype. The price Increased for fast. In my opinion, if this will give a reflection to the bitcoin market in the future about the scalability solution. The SegWit implemented on litecoin will teach a lot for the BTC markets about the advantages of SegWit.

The price is going up in Poloniex and at the other exchanges and this Might take the cryptocoin back to its rightful place in the top three.

To take the ripple's place and LTC must gain another $ 15 for its price, I mean the price of LTC must equal $ 25.

some loyalists would go far and say the silver to bitcoin's gold at top 2 in coinmarketcap.com.

as you can see a lot of the people believing LTC is the silver after the gold (bitcoin).

[bbc.reporter]

@shinratensei_. Litecoin at 25 dollars is not impossible. Dash and Ethereum has now shown us that giant increases in price to 50 - 100 are now very possible for an altcoin which was something considered very rare 2 years ago. I speculate we will see more of it in the next 3 years.

[prabakharras]

Oh, now that explains this https://www.coingecko.com/en/price_charts/litecoin/usd 

[e-coinomist]

The price is going up in Poloniex and at the other exchanges and this Might take the cryptocoin back to its rightful place in the top three.

To take the ripple's place and LTC must gain another $ 15 for its price, I mean the price of LTC must equal $ 25.

Ripple can always cheat by handing out some more coin supply. It's an unfair competition.

[animalroam]

Some coins like Syscoin have already implemented Segwit with little to no problems. It shouldn't be that big of a deal since LTC won't overtake BTC anyways.

[Nagadota]

Bitmain is going to do all they can to try and prevent this from happening so that Bitcoiners won't be affected by the positive change this brings to Litecoin.  I hope it can still reach the 75% threshold instead of hovering around it so that maybe SegWit's public support will rise and major mining pools will be forced to accept it.