Litecoin Halving and Valuation Survey

[newb1]

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

[Sir Alpha_goy]

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[Ingatqhvq]

People were mining for $1.50 - $2.00 a coin.

After the reward halves the price only needs to double to maintain the miners.

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

[nickhiggins123]

People were mining for $1.50 - $2.00 a coin.

After the reward halves the price only needs to double to maintain the miners.

So then, BTC should double every halving.

[NattyLiteCoin]

People were mining for $1.50 - $2.00 a coin.

After the reward halves the price only needs to double to maintain the miners.

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

[Nas]

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

[Sir Alpha_goy]

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[Sir Alpha_goy]

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[swansong]

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.

[Snail2]

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.

[kelsey]

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.

[Mountain Jew]

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.

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.

[Snail2]

why? thats assuming every coin mined is immediatley sold.

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.

[lazi]

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.

Aurora Coin pumped to $100?

[swansong]

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.

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.

[nutildah]

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

[newb1]

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

[nutildah]

If halving is baked into the price, when did this occur?

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.

[Sir Alpha_goy]

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[nutildah]

If halving is baked into the price, when did this occur?

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.

I believe this is correct.

The only thing that would naturally bring the price of LTC up at the moment is BTC's price rising in fiat currency.

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.