Litecoin halving is near, will the price increase after halving?

[galbros]

Hi. Stinking newbie user here! 

As the title says, with the Litecoin halving time nearing, do you think its price will increase after halving? If yes, how much and also please explain your yes/no answers a bit.

Thanks. 

If it follows the pattern of many other coins I've seen the price will rise UNTIL the block reward reduction but not meaningfully afterward.

Of course, the real answer is that there is no way to know.

The key thing for Litcoin is if anything new is being added for it to be used for.  It used to be the undisputed alt coin king, but now I'm not so sure.  This price run up has been exciting however.

Good Luck!

[Derrike]

Yes of course the price will rise near halving and not because of the halving but because of the whales controling the market.

[X68N]

the price will be the half 

just joking i hold LTC too

[manfred]

Hi. Stinking newbie user here! 

As the title says, with the Litecoin halving time nearing, do you think its price will increase after halving? If yes, how much and also please explain your yes/no answers a bit.

Thanks. 

If it follows the pattern of many other coins I've seen the price will rise UNTIL the block reward reduction but not meaningfully afterward.

Of course, the real answer is that there is no way to know.

The key thing for Litcoin is if anything new is being added for it to be used for.  It used to be the undisputed alt coin king, but now I'm not so sure.  This price run up has been exciting however.

Good Luck!

https://bitcointalk.org/index.php?topic=1129854.msg11934293#msg11934293

[anderson00673]

Also, I would like to add that LTC seems to follow the price of bitcoin pretty closely as far as ups and downs, but also seems to change at a greater rate.  This does not necessarily mean it will always do so, but the price of BTC at or near halving may have a big effect as well.

[talkbitcoin]

price halving is most probably going to start before the halving and continure through it

[NorrisK]

No, Like to Dogecoin price will keep same for a time.

I know, right? When Doge was released I went to take piss and when I came back it was halving. I'm kind of confused as to why it didn't sky rocket.

Because the coins that were mined before aren't suddenly cut in half.. It only reduces the incoming new coins.

[manfred]

Also, I would like to add that LTC seems to follow the price of bitcoin pretty closely as far as ups and downs, but also seems to change at a greater rate.  This does not necessarily mean it will always do so, but the price of BTC at or near halving may have a big effect as well.

Yes it moves more thats why people trade it, easy money.

[Bitcoin Explorer]

Pretty much everybody expects the halving so I think people overvalue the immediate significance of it so it likely won't increase much.

From another perspective, every single day there are roughly 389 BTC worth of LTC being mined. But considering the daily volume (at the moment) is 16178 BTC or $4.5million , it's safe to say that even if that 389 BTC worth of LTC would get dumped everyday, the market could easily soak that up without it having any effect on the price. So halving that 389 BTC will only have any significant effect on the price is a physiological psychological one if people en masse fail to realise the math behind what I just pointed out.

Edit: typo

Fair enough.
However, don't you you think that the volum  will decrease ~1 month after halving? Since the  supply is decreasing, thwre has to be some fluctuation if not a major one.

[bathrobehero]

Pretty much everybody expects the halving so I think people overvalue the immediate significance of it so it likely won't increase much.

From another perspective, every single day there are roughly 389 BTC worth of LTC being mined. But considering the daily volume (at the moment) is 16178 BTC or $4.5million , it's safe to say that even if that 389 BTC worth of LTC would get dumped everyday, the market could easily soak that up without it having any effect on the price. So halving that 389 BTC will only have any significant effect on the price is a physiological psychological one if people en masse fail to realise the math behind what I just pointed out.

Edit: typo

Fair enough.
However, don't you you think that the volum  will decrease ~1 month after halving? Since the  supply is decreasing, thwre has to be some fluctuation if not a major one.

With the numbers from my quoted post the number of coins that won't be mined anymore after the halving amounts for 1.2% of the daily traded volume. The volume at the time of writing this is 7890 BTC which turns the same number into 2.46%.
So while the volume fluctuates a lot, I think a conclusion can be drawn; the halving should have a negligible effect.

However, I think the price will change a lot more than that but mostly because of psychological reasons and market manipulation.

I personally don't hold LTC as I think it's too scary to invest in it because it seems its market is heavily manipulated so while people are accumulating LTC and waiting for a prince increase, the whales might exploit that so we might see a price decrease.

I'm curious to see what will happen though.

[unholycactus]

Considering it's something that everyone knows and that is foreseeable, the price won't change.

In other words, the current price already reflects what we know in a foreseeable future.

[talkbitcoin]

nobody can foresee the future but with the amount of hype that litecoin has it is very possible to go up

[Bitcoin Explorer]

Pretty much everybody expects the halving so I think people overvalue the immediate significance of it so it likely won't increase much.

From another perspective, every single day there are roughly 389 BTC worth of LTC being mined. But considering the daily volume (at the moment) is 16178 BTC or $4.5million , it's safe to say that even if that 389 BTC worth of LTC would get dumped everyday, the market could easily soak that up without it having any effect on the price. So halving that 389 BTC will only have any significant effect on the price is a physiological psychological one if people en masse fail to realise the math behind what I just pointed out.

Edit: typo

Fair enough.
However, don't you you think that the volum  will decrease ~1 month after halving? Since the  supply is decreasing, thwre has to be some fluctuation if not a major one.

With the numbers from my quoted post the number of coins that won't be mined anymore after the halving amounts for 1.2% of the daily traded volume. The volume at the time of writing this is 7890 BTC which turns the same number into 2.46%.
So while the volume fluctuates a lot, I think a conclusion can be drawn; the halving should have a negligible effect.

However, I think the price will change a lot more than that but mostly because of psychological reasons and market manipulation.

I personally don't hold LTC as I think it's too scary to invest in it because it seems its market is heavily manipulated so while people are accumulating LTC and waiting for a prince increase, the whales might exploit that so we might see a price decrease.

I'm curious to see what will happen though.

because of psychological reasons

That is valid
I'm, eager to see how LTC performs in the coming few weeks. I'll be looking out for whales dumping :p

[NorrisK]

Pretty much everybody expects the halving so I think people overvalue the immediate significance of it so it likely won't increase much.

From another perspective, every single day there are roughly 389 BTC worth of LTC being mined. But considering the daily volume (at the moment) is 16178 BTC or $4.5million , it's safe to say that even if that 389 BTC worth of LTC would get dumped everyday, the market could easily soak that up without it having any effect on the price. So halving that 389 BTC will only have any significant effect on the price is a physiological psychological one if people en masse fail to realise the math behind what I just pointed out.

Edit: typo

Fair enough.
However, don't you you think that the volum  will decrease ~1 month after halving? Since the  supply is decreasing, thwre has to be some fluctuation if not a major one.

With the numbers from my quoted post the number of coins that won't be mined anymore after the halving amounts for 1.2% of the daily traded volume. The volume at the time of writing this is 7890 BTC which turns the same number into 2.46%.
So while the volume fluctuates a lot, I think a conclusion can be drawn; the halving should have a negligible effect.

However, I think the price will change a lot more than that but mostly because of psychological reasons and market manipulation.

I personally don't hold LTC as I think it's too scary to invest in it because it seems its market is heavily manipulated so while people are accumulating LTC and waiting for a prince increase, the whales might exploit that so we might see a price decrease.

I'm curious to see what will happen though.

because of psychological reasons

That is valid
I'm, eager to see how LTC performs in the coming few weeks. I'll be looking out for whales dumping :p

New whales are going to emerge.. This is the time to start gathering like no tomorrow

[anderson00673]

Also, I would like to add that LTC seems to follow the price of bitcoin pretty closely as far as ups and downs, but also seems to change at a greater rate.  This does not necessarily mean it will always do so, but the price of BTC at or near halving may have a big effect as well.

Yes it moves more thats why people trade it, easy money.

Thanks, those are some beautiful charts

[talkbitcoin]

i bought some litecoin in order to keep with the tide and earn the pump profit

[Derrike]

i bought some litecoin in order to keep with the tide and earn the pump profit

hmm wise decision. I hope that you make a decent profit off the pump .
Just don't be too greedy and sell ltc at the right time.

[shanem]

i bought some litecoin in order to keep with the tide and earn the pump profit

hmm wise decision. I hope that you make a decent profit off the pump .
Just don't be too greedy and sell ltc at the right time.

It looks like 0.017 is the peak for litecoin.
The halving was already priced in the last litecoin huge pump.

[Emperor of Man]

Looks like it DID increase. 

I didn't buy and now I'm crying! 

[o0‡0o]

i bought some litecoin in order to keep with the tide and earn the pump profit

hmm wise decision. I hope that you make a decent profit off the pump .
Just don't be too greedy and sell ltc at the right time.

It looks like 0.017 is the peak for litecoin.
The halving was already priced in the last litecoin huge pump.

What happened after Bitcoins halving time
https://i.imgur.com/7BDWmj1.jpg