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Murloc
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January 25, 2018, 01:07:28 PM
 #1

Hey guys! I've just seen 2 tweets from 23 jan. made by Alex Bosworth where this guy could finaly buy a cup of coffee for bitcoins with a low fee fast transaction. It seems like the lightning network is successfully tested in the main net and soon we can expect to hear more details about its launch. Brace yourselves, better times are coming Smiley
Tweets:
https://twitter.com/alexbosworth/status/955870434230132736
https://twitter.com/alexbosworth/status/955964256331055104

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yaniman
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January 25, 2018, 01:10:19 PM
 #2

Good news ! This will makes BTC more usable in shopping. And also BTC will get a high value.

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January 25, 2018, 01:14:58 PM
 #3

Hopefully once the network is fully deployed and transaction speeds go up then bitcoin will gain wider general use adoption. Butt we still need to fix the price fluctuations before it can be seriously used to buy a coffee. Also We need to end the culture of HODLING bitcoin is a currency after all not an investment.
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January 25, 2018, 02:11:07 PM
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Hopefully once the network is fully deployed and transaction speeds go up then bitcoin will gain wider general use adoption. Butt we still need to fix the price fluctuations before it can be seriously used to buy a coffee. Also We need to end the culture of HODLING bitcoin is a currency after all not an investment.

Lightning Network will for sure change the things in the market. The transaction fees are presenting the main problem to the investors which cannot make small transactions without losing significant amount of the money. To some that amount is small to other it is high. Everything is dependable on the country of the residence the holder of the Bitcoin is living in. Different countries have different standards.
This new fee that will be implemented will for sure make the transactions equal for all. I am also thoroughly watching the progress of the ligtning network because I would also one day wanted to buy a coffee with the Bitcoin without the extra expenses. Investors don't need to worry about the fluctuation because when the Lightning network will be issued growth will be even bigger and I believe it will outstrip the highest growth it had in 2017.
Bitcoin is a decentralized currency and with this new lightning network system we are all hoping that people will also look at it as a currency and not just an asset for the profit gain.

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January 25, 2018, 02:15:50 PM
 #5

Lightning Network will revolutionize the crypto community, I guess. Especially with the lightning fast transaction speed and super cheap fees!
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January 25, 2018, 02:19:55 PM
 #6

Hopefully once the network is fully deployed and transaction speeds go up then bitcoin will gain wider general use adoption. Butt we still need to fix the price fluctuations before it can be seriously used to buy a coffee. Also We need to end the culture of HODLING bitcoin is a currency after all not an investment.
If no one will Hodl the price will surely dump, Hodlers play a huge part for the bitcoin price to rise, just imagine if everyone is selling and dumping would you think the price of bitcoin will go up?  Smiley

Lightning Network will for sure change the things in the market. The transaction fees are presenting the main problem to the investors which cannot make small transactions without losing significant amount of the money. To some that amount is small to other it is high. Everything is dependable on the country of the residence the holder of the Bitcoin is living in. Different countries have different standards.
This new fee that will be implemented will for sure make the transactions equal for all. I am also thoroughly watching the progress of the ligtning network because I would also one day wanted to buy a coffee with the Bitcoin without the extra expenses. Investors don't need to worry about the fluctuation because when the Lightning network will be issued growth will be even bigger and I believe it will outstrip the highest growth it had in 2017.
Bitcoin is a decentralized currency and with this new lightning network system we are all hoping that people will also look at it as a currency and not just an asset for the profit gain.

Should we prepare for more bull rushing now? Cool If everything goes smooth more and more people will be hooked up again with bitcoin and the price will be huge.  Smiley


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January 25, 2018, 02:21:27 PM
 #7

LN is long waited update but it might take few more months or even years to get activated just like segwit. Segwit was activated after lots of heated debates which resulted several forks last year. Same thing can happen when LN will be proposed by bitcoin core team.

Yes LN can change whole game and bitcoin might even get back its usual 50%+ dominance on market.  Wink


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January 25, 2018, 02:22:16 PM
 #8

Hey guys! I've just seen 2 tweets from 23 jan. made by Alex Bosworth where this guy could finaly buy a cup of coffee for bitcoins with a low fee fast transaction. It seems like the lightning network is successfully tested in the main net and soon we can expect to hear more details about its launch. Brace yourselves, better times are coming Smiley
Tweets:
https://twitter.com/alexbosworth/status/955870434230132736
https://twitter.com/alexbosworth/status/955964256331055104

Definitely a game changer for bitcoins! With low transaction fees and a lightining fast network transaction, bitcoins will now be viable for everyday use and most specially online and offline shopping! I do hope this pushes through to the end. Eventually, a lot more people will appreciate bitcoins more.

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January 25, 2018, 02:31:16 PM
 #9

The question is when it will be launched. There are rumors that it will just sit on "testing phase" and will never move on.
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January 25, 2018, 02:37:18 PM
 #10

Hey guys! I've just seen 2 tweets from 23 jan. made by Alex Bosworth where this guy could finaly buy a cup of coffee for bitcoins with a low fee fast transaction. It seems like the lightning network is successfully tested in the main net and soon we can expect to hear more details about its launch. Brace yourselves, better times are coming Smiley
Tweets:
https://twitter.com/alexbosworth/status/955870434230132736
https://twitter.com/alexbosworth/status/955964256331055104
very happy to hear this good news. I do expect a lot on this blockchain technology. I'm not satisfied if bitcoin is only used as an investment asset, but I want bitcoin really legal and can be used to transact around the world.
thanks for the informations ..
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January 25, 2018, 02:52:37 PM
 #11

Hey guys! I've just seen 2 tweets from 23 jan. made by Alex Bosworth where this guy could finaly buy a cup of coffee for bitcoins with a low fee fast transaction. It seems like the lightning network is successfully tested in the main net and soon we can expect to hear more details about its launch. Brace yourselves, better times are coming Smiley
Tweets:
https://twitter.com/alexbosworth/status/955870434230132736
https://twitter.com/alexbosworth/status/955964256331055104

Hail Lighting Network for saving the BitcoinCore 's assGrin Grin
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January 25, 2018, 03:08:19 PM
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 #12

Lightning Network is open for testing for some time even for ordinary users https://www.reddit.com/r/Bitcoin/comments/7kv04t/you_can_try_a_testnet_bitcoin_lightning/

Also at the end of last year there is first BTC payment using LN by Alex Bosworth with service Bitrefill : https://news.bitcoin.com/first-real-bitcoin-lightning-network-payment-completed-via-bitrefill/

So this news in nothing new,but it shows us that Alex Bosworth managed to buy coffee after he refill his phone on the same way.Next thing will be that he is pay newspaper or cigarettes with BTC using LN Smiley

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January 25, 2018, 03:13:59 PM
 #13

This is what we are waiting for, fast and cheap transaction.

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asdlolciterquit
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January 25, 2018, 03:17:52 PM
 #14

The question is when it will be launched. There are rumors that it will just sit on "testing phase" and will never move on.

why so negative man? we've just read a great news. Maybe is a small step, but on the right direction!

I think if we have a launch before the and of this year it would be great!
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January 25, 2018, 03:26:09 PM
 #15

If no one will Hodl the price will surely dump, Hodlers play a huge part for the bitcoin price to rise, just imagine if everyone is selling and dumping would you think the price of bitcoin will go up?  Smiley

price does NOT go up because people are holding bitcoin. price goes up because they are buying more bitcoin! if people only held bitcoin price would have stayed the same.

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January 25, 2018, 03:31:33 PM
 #16

Hi,

That's great. I would be curious to see it in actual use. Just because for the moment I cannot imagine to use bitcoin for my daily needs.

But that's great. And that's also great to see that technology still evolves, with the aim of allowing bitcoin to reach more and more users!

I really hope that the system is truly actionnable!

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January 27, 2018, 03:01:49 AM
 #17

The question is when it will be launched. There are rumors that it will just sit on "testing phase" and will never move on.

why so negative man? we've just read a great news. Maybe is a small step, but on the right direction!

I think if we have a launch before the and of this year it would be great!


No, don't get me wrong. I a bit more worried than being negative. I am also one of the people that hopes the Problems in bitcoin will be solved. Anyway, worrying won't give us anything so I'd be more positive about this.
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January 27, 2018, 03:52:18 AM
 #18

All this is not so simple. The network of lightning bolts is afraid to implement, because they are still afraid that with a massive introduction, it can fail. It also has low security and is recommended for use only for small payments. Transactions of the network of lightnings are not reflected in the transaction log and therefore they have not yet decided how to act. There are other problem points. After all, the lightning network is the property of Bitrefill, and has nothing to do with bitcoin developers.

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