Post
Topic
Board Altcoin Discussion
Re: Litecoin SegWit will be activated in less than 11 days
by
kiklo
on 23/04/2017, 06:33:46 UTC
it is getting too hard to follow what is going on with Litecoin's SegWit activation these days, i imagine Charlie Lee running around door to door, talking to everyone and convincing them about SegWit. Smiley

anyways i changed the title to TBD (to be determined) since it has been well below 75% for some time and we don't know when that is going to change.

the good news is that price doesn't care about it apparently Cheesy


Market never did care about deadwit.

It is the direct LTC to FIAT Wallet on Coinbase , that is what matters and when it activates.   Cheesy




 Cool



Then please explain why litecoin is going up? Of course it has something to do with segwit. Why do you keep telling it is not? Are you trying to make us believe that it is not or are you in denial?


If you bothered to look at the Markets,
you would see the US & Europe are the ones Pushing up the Price and LTC is running a few dollars cheaper on EVERY Chinese YUAN pairing.
http://coinmarketcap.com/currencies/litecoin/#markets

The Direct Coinbase LTC/US$ wallet is all the US / Europe merchants care about,  after it is setup BTC will have zero advantage over LTC in the merchants eyes.
Cheaper fees and faster transactions with no capacity problems.  No one but the BTC Core Trolls give a shit about segwit, because it will not improve LTC at all,
they don't need crappy Offchain Counterfeit Transactions , when they have plenty of Actual Onchain Verifiable Transactions Capacity available.

Look at GDAX it has one of the highest prices for LTC     GDAX   LTC/USD    $8,969,610    $15.42    
Because the rich guys are buying it up , in preparation for the direct coinbase LTC wallet.

Segwit is completely irrelevant and a non issue, shrills push it matters because they want to trick BTC into activating it.
Make up your own mind , from observations of the markets, not unsupported shrills.  Tongue


 Cool

FYI:
https://twitter.com/SatoshiLite/status/855157402290671616
Charlie Lee @SatoshiLite Apr 20
Which do you think will happen first?
63%  LTC on Coinbase
37%  LTC locks in segwit