Quote from: thejaytiesto on April 16, 2017, 06:10:07 PM

Quote from: iamnotback on April 16, 2017, 05:52:14 PM

Quote from: thejaytiesto on April 16, 2017, 05:44:11 PM

I believe some sort of moon is possible, but I feel like Jihan is planning something nasty. I think he calculated how much hashrate he needs to keep the segwit at around 75%, and then by the end of the signaling period, he has to raise it a for a short while to make the average <%75 and the whole signaling period is lost at a small cost for him.

Thoughts on this?

I think if Jihan keeps fucking around he will undermine investor's patience.

Hey may but that is ~2 weeks from now when we get near to the final tally on SegWit. Currently the tally is 78 - 80% with more than 10% of the blocks completed.

The BTC crash is I think ~3 days from now.

The charts don't lie. The uptrend line is going to intersect between April 19 and April 22. Then the price must go up (else the entire uptrend is broken and we go back to $4 which seems ludicrous to me).

I just don't see how he will not. What does he gain if segwit gets activated, vs letting the price grow for 2 weeks, set a short and profit bigly?

I don't care. I can sell before 2 weeks if I compute that the percentage of activation is failing.

Also remember I think Jihan's only reason for blocking SegWit on Litecoin (he will always block on Bitcoin), is only temporary while he needs time to ramp up production of ASICs. Perhaps May 15 is enough time for him (remember activation is 4 weeks total).

Also even without off chain scaling, Bitcoiners are going to be forced to use Litecoin for payments as Bitcoin's transaction fee rises too high. Litecoin has 4X more block size on chain than Bitcoin.

Also I think Jihan will support some form of off chain scaling for Litecoin. He wants the price to go up (just not too much faster than the rate he can increase ASIC production/efficiencies).