Bitcoin Forum

I have been curious to see how others might respond to some questions about the Litecoin halvening and about the valuation of Litecoin, so I created LitecoinLearner's first survey! Check it out and submit your responses at:

http://www.litecoinlearner.com/poll.asp

Feedback welcome @ LTCLearner@gmail.com

Best Wishes,
Newb1

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I don't think the price will double as no new comers.
                                               
                                                         

So then, BTC should double every halving.

Fuck it, I'll just double the amount of Titans I have. Makes complete sense, right?

I expect price to go up before halving. Not sure about after that though.

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Litecoin will hit $15 or $20 just before the halving. that is my prediction. and i am no newbie. I've seen a lot of crazy things like Aurora Coin pumped to $100 in 2 -3 days. So $15 - $20 for Litecoin is absolutely doable.

To keep LTC between $15-20 buyers should keep pouring 400-600K USD into LTC every day, just for maintaining the price. After the halving such a pump would be much cheaper, so the profit would be much higher.

why? thats assuming every coin mined is immediatley sold.

Nah, doubt it. There's not enough demand for ltc in my opinion, though I think the price will move upo but it will mostly be psychological as people anticipate it shooting up in price so buy more and it'll have a knock on effect.

Indeed. But this is the "worst case" scenario. You are right, maybe some of the big(ish) miners who don't need to cash out immediately will hold their coins, perhaps a lot of smaller miners who want to wait for the halving will hold too, but I think $15-20 per coin would be more than enough temptation for the majority to cash out.

Aurora Coin pumped to $100????

Yeah $110 or $115 more likely. but its an old news. 1 and half years ago perhaps i don't remember exactly.

Prediction: halving is already baked into the price, ala happens to stocks with stock news before it becomes "public."

If halving is baked into the price, when did this occur? This halving and all future halvings have been known from the start. It seems to me, prices are not only affected by predictable events but also actual events. While miner rewards have been known to halve, miners have not experienced it, so there has been no direct affect on their behavior.

Also.... There have been 130 responses to the survey thus far. Given the number of views in this thread alone, it seems many are choosing not to respond.

For those who have not... why not?


I would like to get as many responses as possible before publishing the first report. I may have time to report out this coming weekend, so... if you are willing to respond, please do so ASAP.

Thank you all.
Phil
A.K.A newb1

A couple months back, and its still occurring. Its quite possible it was "overbaked" a month ago and LTC is currently at its fair valuation.

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So far its taken quite a while to get non-nerds (aka almost everybody) interested at all in cryptocurrency, but perhaps the general trend is people are becoming more friendly to the idea of magical internet money, thus they would be more inclined to use it or see it as investment-worthy.

Most people are just happy to be alive, though, really. I know, its hard to believe.

This is an incomplete first draft of the survey report. I thought it better to share this as is, than to keep it hidden any longer.

I hope you find it as interesting as I do. Feedback and questions are welcome and especially so in the near term; as I will be able to consider this as I more deeply analyze the data and redraft. Big thanks to everyone who contributed responses!

Here's the report.

www.litecoinlearner.com/halvingsurveyresults.asp

Yes, this is my first infographic.

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Litecoin price has been stuck for a weeks. I think the price will slowly creep downwards to 0.014-0.015 before the halving.
There is too much supply at the moment. Litecoin halving will drop future supply.

for some reason I tend to think that LTC price will rise because of pumpers. I think it is quite good opportunity for whales to play a game. I also expect dump to go under current price, then slowly climb back.

price and valuation being two different animals........it'll be pumped before  :-X

pumpers have proved they like it, no better time.

If the majority thinks the price will go up (it already has btw), than usually the opposite happens.

I doubt the price will double or go significant up. never happened to any coin before if I remember correctly.

Just because something hasn't happened previously doesn't mean it wont this time or in the future. I think it's mostly just wishful thinking though, but supply and demand should apply but its a matter of how big the demand is (not much for ltc currently).