Litecoin halving and BTC price

[ashour]

With Litecoin halving due on Aug. 25th, what would be the impact on the BTC price?

It would be interesting to see how things advance for litecoin after the halving. I don't think though that the bitcoin price will be affected by it.

[indiemax]

I can't any correlation between  Litecoin halving and  Bitcoin price

apart from those speculating for profit.........or loss

[YoYa]

Its market is too weird to predict. It straddles the line between outright pump and dumpage yet it also has long term holders, it's mined widely, is on a ton of exchanges and China loves it too. I think it's a bit of a law unto itself.

Bingo! Fundamentally LTC ain't exciting, but the market's like it and for the moment that's enough until either something happens to prove it's value, or the penny drops and the arse falls out of it. Until then, it's a source of volatility and traders will like it for that alone.

[Brewins]

No effect.

LTC will be dumped after the halving and people will put their money elsewhere, but I think most of them will just move to another altcoin, so I think no effect for BTC

[Scaccomatt0]

I can't any correlation between  Litecoin halving and  Bitcoin price

apart from those speculating for profit.........or loss

Me either, and I don't think ther'll be much price movement.

[natewelt]

Halving in about 6 days people so about 5pm eastern on Tuesday I believe.

I don't think there will be any immediate fireworks, but I did trade in one of my BTC for about 67 LTC a couple weeks ago. I want to be exposed b/c I think the risk is to the upside after the halving. Plus BTC halving price fluctuations will likely drag LTC around with it so if BTC halving causes a spike I'd like to own some as well.


Basically, I bought LTC for the fun of it and view it as a leveraged BTC without interest. Although I plan on exchanging it back to BTC at some point.

[Pathi]

I bout .5 Btc worth of Ltc a while back. Think Ltc was worth .95$ or so. Cashed out today. Almost 4x profit and uncertain about halving price movement.

[natewelt]

Less than 4 days until halving. 

http://www.litecoinblockhalf.com/

[srgkrgkj]

well the litecoin prices are going down slowly so markets might not have that much of a reaction at all to the halving lol

[gablay12]

The supply is halved however the demand is almost one forth of the last year's demand.Still according to the chart the price may increase.

Would I invest to LTC only the chart is profit promissing without any fundamental motivation? NO.

[gentlemand]

It goes to show that a halving on its own is pretty much irrelevant. If the demand is there then it does count. If it ain't then it's not going to have much or any effect on things.

[gablay12]

My statements:

If the stored number of coin is more then the 2 times of the daily average, the halving of the supply do not have a solid affect.

If the stored number of coin is less then double of the daily average volume the halving has a positive affect.

If the stored coin is >2 times of average daily volume there will be a time interval before the sharp move.Sharp move can be to the both sides, RELATED to the diffuculty.

After the halving volatility will decrease.