Quote from: BrewMaster on April 02, 2017, 03:55:49 PM

Quote from: WarrEagle on April 02, 2017, 03:30:27 PM

All in in LTC. LOL its gonna moon if this guys analysis is accurate. Dash made .12 can LTC do it too?

i think 0.12 for litecoin at this point is a bit far fetched. it doesn't have SegWit yet and there is no other "good news" for it either. if there were we could see something happen but there needs to be some driving force apart from the pumpers pumping.

and so far pumpers pumping are the only force.

Until you realize there is no other choice for Bitcoiners. And once they realize they have a once-in-a-lifetime opportunity to increase their proportion of Bitcoins by a factor of 5X or 10X. The revaluation of Litecoin might be rather swift, maybe even a stampede.

There is some cognitive dissonance involved. Most Bitcoiners will be too late to come to the realization. But markets are always like that. The majority is always late.

Litecoin's rise may or may not be swift. There is a lot of apprehension and most don't yet understand what is going on. But I do think the reality will kick in and the economic decision will be made rather swiftly by the smart money. FOMO might kick in soon if Litecoin exceeds $10. Yet with Bitcoiners there is this like stubbornness to not invest in anything but Bitcoin, that sort of prevents them from the FOMO effect, yet enough of us peel away from the dumb majority and make fortunes trading back and forth.

Litecoin already pushed back up to $7.50 some 8 hours ago. The base is building and breakouts will be attempted and eventually it will breakout in earnest.

The speculators are so sensitive to this:

http://litecoinblockhalf.com/segwit.php

I thought they might wait for it to exceed 60%, but apparently they realized what I been writing about. (not meaning they got it from me, I mean the market figured it out)

This is a wall of worry, but the smart money understands there is no other option. I explained all the economic logic upthread.

The only other possibility would be that Blockstream dies. And I think that is not a very likely outcome. I already explained the economics of the mining ASICs on Litecoin and why it appears to be inevitable that SegWit will activate on Litecoin because of those economics.

Perhaps some other groups are fighting very hard to buy up A4s and not vote for SegWit, meaning they want to destroy their capital in order to prevent Litecoin from getting SegWit and scaling. Lol. Let's see how successful that will be for them, if that is the case. Unless the antagonists can earn enough to pay off the cost of the mining equipment during the pump! And that might be why the Chinaman has to keep the price capped until the SegWit support reaches a sufficient level (or they might be selling LTC to buy A4s Wink

). There are probably other game theories in play also, such as certain players might be incentivized to signal SegWit only at certain price levels, given implications on their other mining operations, i.e. at a certain threshold then they may calculate that LN is more profitable for them on Litecoin and than on Bitcoin (or preventing any scaling on Bitcoin or a clone).