[ANN] Litecoin - a lite version of Bitcoin. Launched!

[germsite]

Who’s looking forward to Litecoin halving? Im curious how its gonna affect LTC price :O

https://coincodex.tv/videos/1589/will-litecoin-explode-before-its-halving

Halving mostly forces price moving up. However, the price of Litecoin have increased dramatically since its bottom back in late of 2018 (in both trading pairs, LTC/ BTC and LTC/ USD). Consequently, I think that it is time for Litecoin to witness its corrections, especially when all altcoins have fallen down due to bitcoin bull run. This fact is hard to accept for someone whom bought Litecoin at high, especially in LTC/ BTC pair. However, the positive thing is altcoin season will start some day, and Litecoin will have chance to rally with upcoming altcoin season.

When is the halving happens? I think price should grow more, like this was with BTC before and after halving in 2016. After halving we had a huge bullrun. So, probably we will have the same with LTC in this year.

You do know that there was an Ethereum fork that changed the miners rewards to 2/3? Do you recall anything like this happening? 600-700% rise in a few months? It only went up by a 10% until the fork.
BCH had a fork last November. It started pumping and pumping for 2 months and suddenly stopped a month before the fork. That was the BSV fork. It trapped people again for months as price fell almost 50% right before the fork. Do you think it is wise to hold and wait for the halvening? You will obviously get rekt.

I give you a safe financial advice so you won't be butthurt later -> SELL. It will go down to 20$ soon enough to rebuy if you still want to hold this coin for collector's value.

But this Ethereum and Litecoin in a little different situation. Ethereum had hardfork in a bear market. And meanwhile ETH has been growing too nowdays.
Now we seems have a little bullish market. So rewards decrease may have a more good affect for Litecoin...

Ethereum had the hard fork when it was relatively small. Today the hard fork would not work again I think.

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[lonesomestranger]

Litecoin Halving Causing Bullish Momentum | Interview Franklyn Richards, founder of Litecoin Haus & director of LTC Foundation

In this interview:
- Litecoins bullish momentum and the halving coming up in August
- Litecoin in Southeast Asia
- The meaning of currency
- Current and future state of blockchain

Watch video: https://www.youtube.com/watch?v=MbFeKMX7ivg

[bitcoin_age]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

[germsite]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

[zahidmoon]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

max supply increasing means new hope for miners, but max supply according to coinmarket cap is 84 million and circulating supply is 62.35 million still there is alot of coin for miners no need for increasing the max supply but in future it will be needed. but then price could be more high.

[cvdesty]

I don't see Litecoin ever making it as a currency. It is too volatile.

[CoinCodex]

Litecoin experienced a small drop while heading for a strong support level!

https://coincodex.com/article/3879/litecoin-price-analysis-ltc-falls-slightly-from-2019-high-with-strong-support-ahead/

[onecall123]

I don't see Litecoin ever making it as a currency. It is too volatile.

That doesn't matter for traders! A good time to buy litecoin, since halving is coming. As we get closer to the halving, I see a lot of ups and downs however a peak there. Looking to buy now and sell for a benefit soon after having.

[JasmineRose]

Wow... This ann since 2011. It's the best... I think litecoin is old coin. But when i see this tread. Litecoin born on here also. Nice very nice... I like litecoin. I hope litecoin price will jump so high

[kissubaby]

only 378 pages, after so many years

[Searing]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

If there is even serious discussion of Litecoin or any other Crypto including Bitcoin, getting rid of the 21 million limit, I will cash out to USD ASAP.

I mean, if that is the case, the jig is up and crypto is simply being manipulated like the usd currency by the Federal Reserve.

Again, I'd be so out so fast into USD.

Brad

[mindrust]

What do the TA experts  call this? Double top?



Whatever it is, it doesn't look too bright. 200DMA got breached which is alarming.

[bitpotter]

Wow... This ann since 2011. It's the best... I think litecoin is old coin. But when i see this tread. Litecoin born on here also. Nice very nice... I like litecoin. I hope litecoin price will jump so high

For older players, you certainly won't be surprised like you, but this is how the existence of Litecoin is a cheap version of Bitcoin, I always buy Litecoin for the long term because it is definitely safe and reliable.

[mindrust]

What do the TA experts  call this? Double top?



Whatever it is, it doesn't look too bright. 200DMA got breached which is alarming.

350DMA gone too. Sub 0.01 any time now.

[btcyoda]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

max supply increasing means new hope for miners, but max supply according to coinmarket cap is 84 million and circulating supply is 62.35 million still there is alot of coin for miners no need for increasing the max supply but in future it will be needed. but then price could be more high.

Yes, you are right miner are accurately mining the LTC and greater probability to increase the circulating supply in the market. Now the market is slowly recovering and huge chances to get awareness about the LTC, which miner will concentrate more on the litecoin mining.

[lonesomestranger]

Pay with Litecoin for Over One Million Flights and Hotels Around the World with TravelbyBit

The world’s first all-in-one cryptocurrency travel booking platform, TravelbyBit, is thrilled to announce a strategic partnership with the Litecoin Foundation. With an offering of over one million flights and hotels globally, TravelbyBit makes it simple for anyone to travel with cryptocurrency.

Check it out: https://travelbybit.com/Litecoin-Summit-2019

[kuduirt]

0.0096>0.0044>0.020 near halving date? ?

[mindrust]

What do the TA experts  call this? Double top?



Whatever it is, it doesn't look too bright. 200DMA got breached which is alarming.

350DMA gone too. Sub 0.01 any time now.

Sub 0.01 now.

0.009698 and going down. Targetting 0.007

[Sellman]

Sub 0.01 now.

0.009698 and going down. Targetting 0.007

As I expected weeks ago, after halving effects go away, Litecoin price will fall back to below 0.01 BTC, and even hit bottom where it started. It is a little bit difficult to see Litecoin reaches 0.005 BTC again, but I think the coin will fall to somewhere from 0.006 BTC to 0.007 BTC as you predicted. A massive massacre of altcoins have come, and we will see good price of altcoins to enter.

[kuduirt]

A massive massacre of altcoins have come, and we will see good price of altcoins to enter.

man what u think about halving date?thanks