will bitcoin activate segwit as litecoin price peaks at 30USD?

[DoublerHunter]

Of course bitcoin will activate segwit because based on the article that i read few weeks ago, the litecoin segwit is just a trial for bitcoin to see what will be the effect if the segwit will be applied to litecoin and if it will be a good then bitcoin will also applied it and we can see that the price of litecoin already goes up very high from $3-4 then i'm sure bitcoin will also activate segwit.

[Victorycoin]

I believe segwit activation on litecoin is to test the network as a whole. If everything goes right, I am sure bitcoin will be the next coin to activate segwit. However, I feel that litecoin price increase is not just because of the segwit, rather for the increase in trading volumes and market cap. This price is hollow and soon will go down to an optimum level.

But I have no doubt that if Segwit is activated in bitcoin, the price will increase to the next level. So an an investors of bitcoin, I hope to see the positive news coming in soon.  

We have to see that this surge in the price of Litecoin for exactly what it is and it is the proponents of segwit pulling strings by pumping Litecoin, so to make a case that segwit is the proven way Bitcoin should also follow.. These increases in price are too sudden and we should expect a reversal sooner than later, because the whole idea is to pass a message across for segwit.

[iram3130]

Of course bitcoin will activate segwit because based on the article that i read few weeks ago, the litecoin segwit is just a trial for bitcoin to see what will be the effect if the segwit will be applied to litecoin and if it will be a good then bitcoin will also applied it and we can see that the price of litecoin already goes up very high from $3-4 then i'm sure bitcoin will also activate segwit.

Imagine the same for Bitcoin. The fluctuations are very high right now and it's getting clingy everyday. Yes, litecoin is getting segwit for the purpose of experimentation so that they can check the outcome and predict the output of segwit on Bitcoin. Let's hope it'll be good for both litecoin and Bitcoin.

[pereira4]

This is nothing. Litecoin will shoot up to $100 as the first news of the first successful lightning network transactions happen outside of a testnet. Litecoin will have the first mover advantage on this and will go down in the history books as the original Lightning Network coin.

Meanwhile BTC will be battling miners and trolls that block segwit into endless drama.

So I say, buy a good chunk of LTC and hold both BTC and LTC.

[Slark]

Meanwhile BTC will be battling miners and trolls that block segwit into endless drama.

It will be a problem for little while.

Bitcoin miners aren't stupid, even Bitmain will realize that huge price increase will help them much more than exploiting ASICBoost or AntBleed of whatever they have hidden within their ASICS.
We have first sign of Chinese mining pools interested in switching sides - ViaBTC recently hold a poll on their twitter. They asked what community think of SegWit activation. SegWit received 83% votes.

[OliynyK]

I think it is time for them to do something to retain this kind of level in the price of bitcoin and if they could activate segwit now we could see another rally above $2600 and above. I think we could see a small correction before another rally,hoping for the best and expecting a good return.

[jonald_fyookball]

Err..

Litecoin IS Bitcoin.. just without the annoying miners blocking everything.

Miners are the reason Bitcoin works.  Please learn the basics. 

[jonald_fyookball]

miners really aren't that impressed by whats going on in litecoin....and they are still feeling burned from HK agreement.  they wont activate segwit as soft fork...only HF with base increase.  true story.

how is it that they are not "impressed". SegWit is just locked_in. there is still a day and 9 hours left to the real activation of SegWit on litecoin.

apart from that, the SegWit support on litecoin from miners was a full on 100% support, so i would say they were pretty "impressed" that they adopted it like this!

I meant that Bitcoin miners don't really care

[thejaytiesto]

It will be a problem for little while.

Bitcoin miners aren't stupid, even Bitmain will realize that huge price increase will help them much more than exploiting ASICBoost or AntBleed of whatever they have hidden within their ASICS.
We have first sign of Chinese mining pools interested in switching sides - ViaBTC recently hold a poll on their twitter. They asked what community think of SegWit activation. SegWit received 83% votes.

Here is why I think otherwise:

Jihad Wu and Roger Ver have an army of brainwashed people in /r/btc that will follow anything they say.

If they finally give up and accept segwit, their entire community will collapse within itself and they will be no longer seen as "saviors of bitcoin" by those idiots.

Having a bunch of people aligned within your agenda is a very useful power. They know that they will lose this, if they give up and adopt segwit. So they have something to lose.

Sure they will gain acceptance by the rest but they will always be seen as people you can't trust by everyone else outside of the /r/btc community.

And while all of these game theories interact and create drama, LTC has all the technology needed to deal with mainstream adoption.

It is then reasonable to buy and hold LTC for the time being.

[ProzCoin]

IT is hard to know. Those Chinese lunatics do not have a decent decision in this topic and I dont think that Pool's owners will easily activate it. They always want to control Bitcoin. That is Chinese. Want to control everything on this planet

[Slark]

It will be a problem for little while.

Bitcoin miners aren't stupid, even Bitmain will realize that huge price increase will help them much more than exploiting ASICBoost or AntBleed of whatever they have hidden within their ASICS.
We have first sign of Chinese mining pools interested in switching sides - ViaBTC recently hold a poll on their twitter. They asked what community think of SegWit activation. SegWit received 83% votes.

Here is why I think otherwise:

Jihad Wu and Roger Ver have an army of brainwashed people in /r/btc that will follow anything they say.

If they finally give up and accept segwit, their entire community will collapse within itself and they will be no longer seen as "saviors of bitcoin" by those idiots.

Having a bunch of people aligned within your agenda is a very useful power. They know that they will lose this, if they give up and adopt segwit. So they have something to lose.

Sure they will gain acceptance by the rest but they will always be seen as people you can't trust by everyone else outside of the /r/btc community.

And while all of these game theories interact and create drama, LTC has all the technology needed to deal with mainstream adoption.

It is then reasonable to buy and hold LTC for the time being.

I agree with everything you said here. That explanation is perfectly coherent and sensible. Just one question:
Then why Jihan Wu allowed SegWit for LTC and at the same time AntPool for BTC is supporting BU?

IT is hard to know. Those Chinese lunatics do not have a decent decision in this topic and I dont think that Pool's owners will easily activate it. They always want to control Bitcoin. That is Chinese. Want to control everything on this planet

If they continue with this mindset all they will continue in the future will be a dead coin and piles of useless mining equipment.

[Victorycoin]

This is nothing. Litecoin will shoot up to $100 as the first news of the first successful lightning network transactions happen outside of a testnet. Litecoin will have the first mover advantage on this and will go down in the history books as the original Lightning Network coin.

Meanwhile BTC will be battling miners and trolls that block segwit into endless drama.

So I say, buy a good chunk of LTC and hold both BTC and LTC.

Yeah the successful implimentation of segwit on Litecoin will shoot its price up, though I don't know how you arrived at $100 per Litrcoin, but the suggestion to mop up the market for Bitcoin and Litecoin looks like a smart way to stay hedged in the market while we await segwit yes or no.

[cellard]

It will be a problem for little while.

Bitcoin miners aren't stupid, even Bitmain will realize that huge price increase will help them much more than exploiting ASICBoost or AntBleed of whatever they have hidden within their ASICS.
We have first sign of Chinese mining pools interested in switching sides - ViaBTC recently hold a poll on their twitter. They asked what community think of SegWit activation. SegWit received 83% votes.

Here is why I think otherwise:

Jihad Wu and Roger Ver have an army of brainwashed people in /r/btc that will follow anything they say.

If they finally give up and accept segwit, their entire community will collapse within itself and they will be no longer seen as "saviors of bitcoin" by those idiots.

Having a bunch of people aligned within your agenda is a very useful power. They know that they will lose this, if they give up and adopt segwit. So they have something to lose.

Sure they will gain acceptance by the rest but they will always be seen as people you can't trust by everyone else outside of the /r/btc community.

And while all of these game theories interact and create drama, LTC has all the technology needed to deal with mainstream adoption.

It is then reasonable to buy and hold LTC for the time being.

Good points.. didn't realize that they would indeed lose his anti-segwit fans if they end up surrendering and accepting segwit.

Honestly I got no idea how this situation is going to resolve. Maybe bitcoin stays as it is forever? But forever is too strong of a word. Eventually all things change, but the question is how this will change happen...

LTC hit $36.3 today, all this money could be going into BTC..

[spartacusrex]

LTC hit $36.3 today, all this money could be going into BTC..

^^ THIS! x10,000 motherf***ing times!

BTC WIL DIE AT THIS RATE. Don't kid yourself.

Jhonny - let me ask you 1 simple question please.

If the choice was SegWit OR Bitcoin dies - would you back it then ?

( because that's EXACTLY what is happening now.. this price pump is artificial. All the other coins have gone up 10x not a measly 70%.. And once any coin tops BTC for market cap.. game over. To be fair - it may be too late already.)

[johnwest]

This is nothing. Litecoin will shoot up to $100 as the first news of the first successful lightning network transactions happen outside of a testnet. Litecoin will have the first mover advantage on this and will go down in the history books as the original Lightning Network coin.

Meanwhile BTC will be battling miners and trolls that block segwit into endless drama.

So I say, buy a good chunk of LTC and hold both BTC and LTC.

Yeah the successful implimentation of segwit on Litecoin will shoot its price up, though I don't know how you arrived at $100 per Litrcoin, but the suggestion to mop up the market for Bitcoin and Litecoin looks like a smart way to stay hedged in the market while we await segwit yes or no.

I also think that after successful lightning network transactions, LTC will definitely shoot up as users will think that segwit is successful and will be a good future for crypto's. It may shoot up to 50$ max I guess.

[Stedsm]

The Segwit-BU duo seems ended as there had been no more news coming up by the miners decided to switching over BU and they are already going to switch to SegWit because if they won't, they will regret. Prices for Litecoin has touched new ATH because I think these big competing alts have always reached ATH whenever Bitcoin got pumped.

[cellard]

LTC hit $36.3 today, all this money could be going into BTC..

^^ THIS! x10,000 motherf***ing times!

BTC WIL DIE AT THIS RATE. Don't kid yourself.

Jhonny - let me ask you 1 simple question please.

If the choice was SegWit OR Bitcoin dies - would you back it then ?

( because that's EXACTLY what is happening now.. this price pump is artificial. All the other coins have gone up 10x not a measly 70%.. And once any coin tops BTC for market cap.. game over. To be fair - it may be too late already.)

Well no need to claim bitcoin is going to die... bitcoin is hitting ATH pretty much a daily basis, you can't claim it's going to die when the asset is doing so good. BTC is still the king so don't get confused.


But... this doesn't mean LTC isn't a great investment that will go up long term, it's going to keep going up as lightning network and the endless innovations start materializing.

So hold both LTC and BTC. BTC goes up against USD, LTC goes up against BTC, win win.

[azguard]

The Segwit-BU duo seems ended as there had been no more news coming up by the miners decided to switching over BU and they are already going to switch to SegWit because if they won't, they will regret. Prices for Litecoin has touched new ATH because I think these big competing alts have always reached ATH whenever Bitcoin got pumped.

This may be true, cuz it could be same effect on bitcoin like on litecoin. This battle between SEG and BU it pointless and maybe they need to resolve this once it for all. Think that they monitored very closely what happen to price of litecoin, and that they calculating every possible scenario good and bad for this implementation.

[Dux2K]

My opinion on this is to activate it,  this may result price going double at least from what was accomplished with activation on ltc. This may be really good oopportunity for this.

[danconia]

How achievable is 95%? It honestly seems like a possibly unattainable number. Bitcoin is known for having plenty of contrarians... plus SegWit on Litecoin isn't being tested *that much* since LTC currently doesn't have scaling issues, right?

Don't get me wrong I want SegWit acitvated on BTC sometime soon but the road to getting to that point seems like it could be a long one.