Segwit helping BTC

[DustyRah]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

[fabiorem]

Litecoin is the best crypto around, fastest I've ever seem, and very undervalued.

I think it would not happen the same with bitcoin, due to the fork and the ego war.

[DaMut]

indeed Segwit boost the price for every coin,
it happen because of 'the lightning network' which is boosting the investor morale.

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

look at right now,
when was the time it's activated ? and what price it's back then ?
right now we're hitting $4000++ because of it i guess.

Litecoin is the best crypto around, fastest I've ever seem, and very undervalued.

I think it would not happen the same with bitcoin, due to the fork and the ego war.

i don't think so mate,
because the fastest coin i ever see is Dogecoin.

[CryptoBry]

Litecoin is the best crypto around, fastest I've ever seem, and very undervalued. I think it would not happen the same with bitcoin, due to the fork and the ego war.

SegWit is supposed to make all transactions fast and at a lower fees compared to what is imposed now. Hopefully, SegWit will be of benefit to Bitcoin though admittedly there is an ongoing battles in the Bitcoin community right now as there are those who don't fully agree with the way things are and they have their own version of what supposed to be done...hence there can be hard forks along the way.

Hopefully by next year 2018, things can be getting better for Bitcoin and it can finally be able to see its full potential unfolded. We have to stop all the infighting and squabbles and learn to compromise our rigor stand on many issues so that Bitcoin can move on and soar high!

[Latviand]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

Of course because it not only make the price pump it makes also bitcoin transaction faster than before. I know there will be another good news that bitcoins will have a forked again this few months i don't know only when it is.

[Seansky]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

For sure we see bitcoin stable at a good price because of segwit's implementation. If not for segwit maybe bitcoin's price is still under 4000$ by now. In altcoin's case IMO segwit is not the only factor that helped it go to 64$ price from 5$, it is just normal that ltc would gain pump after long days of it being stable at a low price. I can certainly say for now that we still doesnt see the support from segwit the slow price rise probably is just getting started.

[davis196]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

I think that the litecoin price increase has something to do with the atomic chain swap between litecoin and bitcoin.Is this related with Segwit?I don`t know.The lightning network will boost the bitcoin price in the short term because there are many investors who don`t understand the offchain transaction risks and they think that btc transactions will become faster and cheaper,which isn`t guaranteed.

[Eric Cartman]

Or maybe the question isn't why LTC went from $4 to the moon, but why it went to $4 at all?

[Herbert2020]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

for most of the altcoins that activated SegWit (i believe there is at least half a dozen of them) it was just a temporary hype to pump the coin. they got pumped 200%-300% in less than a week and then they came back down to their previous old price.

for litecoin things were different. price went up fast and just had a little drop of correction and in the end price stayed up. that is because litecoin has some usages and it has always moved with bitcoin. upwards. and with LN and the atomic swap i am expecting this to be even more noticeable.

as for bitcoin, things are very different. SegWit for bitcoin was like a turning point where the old days of nonstop debate and war ended and there is no longer anything negative that can keep bitcoin back. with the negativity lifting slowly, the price will continue rising. and from now on we will just see good news after good news (with the exception of S2X) and that will only bring more rises.

[Quadast]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

for most of the altcoins that activated SegWit (i believe there is at least half a dozen of them) it was just a temporary hype to pump the coin. they got pumped 200%-300% in less than a week and then they came back down to their previous old price.

for litecoin things were different. price went up fast and just had a little drop of correction and in the end price stayed up. that is because litecoin has some usages and it has always moved with bitcoin. upwards. and with LN and the atomic swap i am expecting this to be even more noticeable.

as for bitcoin, things are very different. SegWit for bitcoin was like a turning point where the old days of nonstop debate and war ended and there is no longer anything negative that can keep bitcoin back. with the negativity lifting slowly, the price will continue rising. and from now on we will just see good news after good news (with the exception of S2X) and that will only bring more rises.

Almost every crypto currency has a period when its price becomes higher by several times. It is a pity that it is very difficult to choose a coin that can bring such growth. And it is more difficult to wait for this growth and not to sell a coin before take-off

[alyssa85]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

Litecoin has surged because people are using it to move money to avoid bitcoin fees. Nothing to do with segwit (no-one uses segwit on the litecoin network).

Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.

[Answerme2]

yes.LN will help bitcoin price increase.Knowing that your bitcoins will be instantly transferred to the other party over the trust less channel will help increase the demand of bitcoin as people are more likely to use bitcoin more often.I have read the white paper of LN and it's promising.a network capable of dealing with millions of transactions per seconds is wonderful.

[HeRetiK]

Lightning Network will definitely assist Bitcoin's price, because then (hopefully) the scaling debate will be done with once and for all, as they road will be paved for a non-linear scaling solution that doesn't require any additional hardforks in the future.

Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.

There's hardly any SegWit enabled wallets yet, only some that offer it as beta feature. That's why you see so few SegWit transactions. Once wallets use SegWit by default it won't be "too complicated" for users anymore. On the surface the only noticable change will be the changed address format, it's not like using Bitcoin turned into rocket science all of a sudden.

Or maybe the question isn't why LTC went from $4 to the moon, but why it went to $4 at all?

The long, long bear market will do this to a coin. Especially since next to nothing happened in LTC development until SegWit came along earlier this year.

[alyssa85]

Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.

There's hardly any SegWit enabled wallets yet, only some that offer it as beta feature. That's why you see so few SegWit transactions. Once wallets use SegWit by default it won't be "too complicated" for users anymore. On the surface the only noticable change will be the changed address format, it's not like using Bitcoin turned into rocket science all of a sudden.

Given that all the wallet providers have known for over a year that segwit was going to be activated, it's pretty poor they didn't prepare and have things ready to go when it locked in.

[gilangIDR]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

Segwit that occurred some time ago has indeed made the price of bitcoin increased. Unlike a preliminary estimate which states that segwit can destroy bitcoin prices. In fact today bitcoin prices continue to rise. I think segwit has made things even better.

[Qartersa]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

I think it would. The more features bitcoins receive, the more it will become popular. Since there would be more applications that can be made using bitcoins then it would get a lot more popular. Then you have to factor in the fact that the network will speed up once segwit activates for real. Right now there have been a lot of controversies whenever the memory pools gets filled.

[LiiVE2RAVE]

Nobody uses SegWit on Litecoin. It was just the hype around the "SegWit-News".

SegWit wont help BTC in the short term. it will need months until everybody uses SegWit (Like Wallets etc.).

I hope LTC will be obsolete one day, when BTC managed to scale.

[surix]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

Litecoin has surged because people are using it to move money to avoid bitcoin fees. Nothing to do with segwit (no-one uses segwit on the litecoin network).

Regarding bitcoin, stats show that only 1% of transactions are segwit, it's too complicated for users.

I don't think it's "too complicated" for users, today's 1% is mainly due to:

- no major exchange/online wallet have move to segwit address yet;
- Major hardwallet has just released beta version of segwit; I personally only being playing it around, not yet put 100% of fund into a new segwit address, it takes time;

Future is very bright:
- for advanced users, % fee reduction is enough for them to jump on the boat;
- when exchange and online wallets start to use segwit address, it will also boost % of segwit adoption;

[audaciousbeing]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

Let's hope that will happen because when it comes to bitcoin, it seems everything that is expected to work the right way tends to work otherwise and I won't be surprised if the case of SegWit will be any different but at the same time, there is nothing wrong in being optimistic about the scheme of things and hope for the best because at this time, that is the o my thing I see us doing with all the challenges around.

[asriloni]

Litecoin has gone to $64 all the way from $5. Segwit helped it happen. Will things like support for lightning network significantly assist Bitcoin's price?

Segwit helped the bitcoin a little bitcioin, But the litecoin get a lot of impact caused by the price of bitcoin. But the next segwit hasn't yet finished and forget to think about the off-chain development if the on-chain development still hasn't finished. That will take a long time to go for the lightning network.