LTC halving but price going Down

[Blawpaw]

LTC is about to come to its first halving. The natural outcome would be for the price to go up, however since a month ago after the pump and dump the price seem to be slipping downwards.

LTC has some features that make it far better than bitcoin so I personally think we should see it go up!

What's your take on Litecoin?

[Sir Alpha_goy]

.

[Melbustus]

As the crypto market matures (ie, becomes more rational), Litecoin will cede the #2 slot to a coin that offers material differentiation vs Bitcoin.

I'd be surprised if Litecoin is in the top 5 a decade from now.

[BitcoinMagician]

The price is going to go up steadily to a new normal. I think that it will ether go higher a few months after today (at about $7 by November) or stay at about these levels until the next halving ($3 -$6 range). But there's no way to know for sure. Only time will tell. Don't expect it to jump up immediately after the halving. It just won't.

[rokkyroad]

In crypto, expect the unexpected.

Many people bought because of the halving hype. It is "hype" that drives the market around here.

[Wapinter]

LTC is about to come to its first halving. The natural outcome would be for the price to go up, however since a month ago after the pump and dump the price seem to be slipping downwards.

LTC has some features that make it far better than bitcoin so I personally think we should see it go up!

What's your take on Litecoin?

I think with more and more new cryptos coming out everyday,prices of all established coins will go down.

[Blawpaw]

LTC is about to come to its first halving. The natural outcome would be for the price to go up, however since a month ago after the pump and dump the price seem to be slipping downwards.

LTC has some features that make it far better than bitcoin so I personally think we should see it go up!

What's your take on Litecoin?

I think with more and more new cryptos coming out everyday,prices of all established coins will go down.

Eventually yeah, some of the most reputable coins will go down and some even die. As new and improved coins with new features come out older models become obsolete. Just like model T!

So, in this approach we might simply say that Bitcoin will eventually be overtaken by another yet superior crypto. 

[Melbustus]

LTC is about to come to its first halving. The natural outcome would be for the price to go up, however since a month ago after the pump and dump the price seem to be slipping downwards.

LTC has some features that make it far better than bitcoin so I personally think we should see it go up!

What's your take on Litecoin?

I think with more and more new cryptos coming out everyday,prices of all established coins will go down.

Eventually yeah, some of the most reputable coins will go down and some even die. As new and improved coins with new features come out older models become obsolete. Just like model T!

So, in this approach we might simply say that Bitcoin will eventually be overtaken by another yet superior crypto. 

Coins with older tech, and critically, no threshold network effect, will be supplanted by newer coins. I think that's likely to be Litecoin's long-term fate.

Bitcoin is the only coin that has arguably achieved enough network effect to be have its ledger-state survive whatever evolutions may happen in cryptocurrency over the years.

[kelsey]

may not be perfect, but todate litecoin is the best we have.

never let 'perfect' get in the way of better 

[MicroGuy]

LTC is about to come to its first halving. The natural outcome would be for the price to go up, however since a month ago after the pump and dump the price seem to be slipping downwards.

LTC has some features that make it far better than bitcoin so I personally think we should see it go up!

What's your take on Litecoin?

The halving is already priced into the market's valuation.

I would look for LTC to trade in the $3 to $4 range for the foreseeable future.

[kelsey]

LTC is about to come to its first halving. The natural outcome would be for the price to go up, however since a month ago after the pump and dump the price seem to be slipping downwards.

LTC has some features that make it far better than bitcoin so I personally think we should see it go up!

What's your take on Litecoin?

The halving is already priced into the market's valuation.

I would look for LTC to trade in the $3 to $4 range for the foreseeable future.

lets be honest here, price points at any time in any crypto markets are far removed from any underlining fundamentals.

[kingscrown]

buy noiw, price will go up within 30 days and double ur money

[Blawpaw]

buy noiw, price will go up within 30 days and double ur money

What makes you say that??? I wish it could go to the levels we saw in 2013 

But In fact, I do believe Litcoin will maintaining its current price.

[ArticMine]

Litecoin has a similar max blocksize problem as Bitcoin. It also cannot scale without a hard fork.

[kingscrown]

buy noiw, price will go up within 30 days and double ur money

What makes you say that??? I wish it could go to the levels we saw in 2013 

But In fact, I do believe Litcoin will maintaining its current price.

thats my predictions

[BlueYozakuraBTC]

What was the price of LTC in 2013?

[katana]

Bitcoin's price is declining. LTC follows its trend! The supply is diminished. We can estimate it will increase again! It is a good time to buy more!

[G2M]

LTC is about to come to its first halving. The natural outcome would be for the price to go up, however since a month ago after the pump and dump the price seem to be slipping downwards.

You see, this logic is dumb. Miners don't dictate price, buyers do. Less to buy just means money can be spent buying other worthless shit. How do shitcoiners not understand that yet? Shitcoins are infinitely scaleable when it comes to creation, so WTF would anyone pay more because miners bring less to the market? WTF?

LTC has some features that make it far better than bitcoin so I personally think we should see it go up!

Um, no. LTC has one feature: it's not bitcoin. Up, fortunately, is not dictated by you, or people like me would be broke. But that would be insane for me to let you be rich, right?

What's your take on Litecoin?

My take on litecoin is to hold exactly enough to not GAF about what your take on litecoin is, get it?

[favdesu]

the natural outcome of a halving is neutral. the value won't magically double just because the reward halved.

[NorrisK]

the natural outcome of a halving is neutral. the value won't magically double just because the reward halved.

I think price will start to climb slowly because less ltc will be dumped on a daily basis by the miners. The only way price would magically double would be if the circulating coins were suddenly halved..