Today - SegWit Starts on Bitcoin, Litecoin gets Lighting Network

in #bitcoin7 years ago (edited)

This is a big day for both currencies who we can call brothers.

1 Hour Till SegWit

Finally in 23 blocks from now Segwit will activate, so possibly from tommorow we will start getting cheaper fees while using BTC. There are many Segwit parties today all around the world.

Up here you can find local parties: http://segwit.party/

Lighting Network on LTC

Now what this gives is Instant payments, better privacy, smaller fees. Upcoming - Cross-chain swaps with other coins (ie BTC) and really nice Microtransactions. tldr - this is BIG.

Trade The News!

While you may not have enough funds to buy loads of LTC or BTC or you are afraid you can leverage trade on ie https://www.bitmex.com/app/trade/XBTUSD .
Deposit some BTC then with as little as 0.01 BTC you play and get fees of ie 0.07 (just example).

There is BTC LTC ZEC XMR and more to trade this way. I'm there since years and love that spot for fast actions on news.

Litecoin Markets

As you can see its mostly fiat exchanged into LTC now meaning the coin is raising in USD/CNY value not due to BTC dumps but due to new money flying into it.

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