Searing
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July 31, 2019, 08:03:27 PM |
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Sry, i don’t get your Point. Profit from mining will be reduced but it’s still profitable? Even Bitcoin (and a lot of altcoins) has this “problem” in the past, they keep mining in hope one day the return of investment will be positive.
the overload will be too much IMHO if Bitmain L3's and L3+ units go off the network at these prices. The question is IF everything that mines even at above $150 price of LTC, can't justify the price vs electric..who is gonna mine? Never saw it this likely to lose 3/4 of hashing ON TOP OF the price vs difficulty as it is now. Just saying a variety of factors that are gonna make things worse in the short term Also, in the PAST new Scrypt-pow miners at better efficiency usually was an option around these kinda events, I don't see any investment in such at this time to mitigate the above either. Anyway, 3 or more effects combining to make this very 'interesting' on how all this will play out mining/cost of coin/and LTC in general again, hope I don't know what the F*ck I'm talking about, but looks 'sharp-edged' at every angle I can see in the short term at least for LTC price and adoption with above drama. Brad
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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DavethaMan
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July 31, 2019, 08:04:48 PM |
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The silver of crypto. Will always be a fan
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tbct_mt2
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August 01, 2019, 02:41:43 AM |
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Among top altcoins, Litecoin is one of the best performers last three days. When most of top altcoins fell due to sudden rises of Bitcoin, which brought it to above $10,000, Litecoin has still well maintained its price in the LTC/BTC pair. Personally, I am impressed with it. Maybe this performance is not most of Litecoin holders waited for, because it has still been too low compare to its recent peak, and investors' expected rises due to halving; but it is good enough if we compare with other top altcoins.
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for2na4all
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August 01, 2019, 09:05:04 AM |
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Hello Litecoin Community! With only few days left until the anticipated halving, I am ready to release the new Ltc video project. https://www.youtube.com/watch?v=9u2kfXWJAS8If you enjoyed watching, please like it and share with your friends.
Tipbox - ltc1quqdyrjdt8m86xtd5fvklp28ndjxfcqpy73w0ut Your donations will help with the development of this channel.
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boopy265420
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August 01, 2019, 05:27:23 PM |
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All focus in on upcoming halving event to see once a cut in production happens what happens afterwards. In current market situation apparently we have seen rise already and now in remaining days will most probably pass without major move. I personally expect a rally in post halving era because market reacts in contrary direction than sentiments. It was all fun and excitement which has pause and will resume sooner just hold on.
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Williams_Leo
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August 02, 2019, 09:18:50 AM |
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Among top altcoins, Litecoin is one of the best performers last three days. When most of top altcoins fell due to sudden rises of Bitcoin, which brought it to above $10,000, Litecoin has still well maintained its price in the LTC/BTC pair. Personally, I am impressed with it. Maybe this performance is not most of Litecoin holders waited for, because it has still been too low compare to its recent peak, and investors' expected rises due to halving; but it is good enough if we compare with other top altcoins.
Although litecoin is trying to maintain its value but that does not mean that in the next time, it can still be maintained like that, sometimes it is now very stable but in new stages, it may fall as it once did. The small ray of hope is probably the upcoming event of litecoin, this Litecoin Halving event can make litecoin that miners mined will become less, this means that litecoin will become rarer and may increase sharply, but if there is no positivity through that event, it will be a signal for us to abandon litecoin
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lobat999
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August 02, 2019, 01:40:26 PM |
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Current price on CMC - https://coinmarketcap.com/currencies/litecoin/ was a little bit late for rebound as compared with today's performers but I'm very positive it will rebound soon in a matter of days which coincide to its scheduled halving. So i guess "history will once again repeat itself " ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Searing
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August 02, 2019, 07:05:21 PM |
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Mr. Obvious here: LTC crypto miners are mostly all underwater at anything below $100 LTC. So according to this https://www.litecoinblockhalf.com/ in 2 days and 16 hours the LTC halving will occur. Thus those underwater now (IMHO, 80% of LTC miners vs electricity) at $100 bucks will be 2x the trouble after LTC halving. thus $100 LTC you mine now, after halving, will be the equivalent of mining LTC NOW at the $50 buck price for LTC. Ugly, Ugly, Ugly. Brad
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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sandrozc
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August 03, 2019, 06:20:36 PM |
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Searing
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August 04, 2019, 01:28:36 AM |
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The article above 9 days. Actually, as of this moment, it is below: https://www.litecoinblockhalf.com/ 1 day 8 hours 24 minutes and 31 seconds as I type this FYI Brad
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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IFCSHARE
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August 04, 2019, 10:31:20 AM |
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LTC will be halved in the immediate block, how the mining ecology develops, and look forward to the following performance ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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lonesomestranger
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August 04, 2019, 06:48:34 PM |
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BTSE Launches Litecoin Futures Trading''After launching Litecoin spot trading on BTSE.com on the 29th of July, we are excited to announce that starting today, you will be able to trade LTC futures as well! There are plenty of reasons to be excited about Litecoin, and they range from the August 5th mining reward halving to the upcoming addition of Confidential Transactions through Mimblewimble and extension blocks. '' Check it out: https://www.blog.btse.com/post/btse-launches-litecoin-futures-trading
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IFCSHARE
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August 05, 2019, 04:49:49 AM |
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Today, let us witness the halving of the Litecoin block reward. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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addicto
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August 05, 2019, 08:57:50 AM |
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LTC is ready to explode there are so many bullish sentiments which could turn the whole really interesting and it will touch to new ATH very soon. Current progress is looking very healthy and it moving into positive direction from my point of view there is still time to invest in it.
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mich
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August 05, 2019, 11:44:00 AM |
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https://www.coindesk.com/litecoin-just-halved-its-crypto-rewards-for-miners?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20Litecoin (LTC), currently the fourth-largest cryptocurrency by market capitalization, has just reduced its block reward for miners by half.
The litecoin blockchain reached the trigger block height of 1,680,000 at 10:16 UTC on Monday, according to the litecoin explorer from mining pool operator BTC.com.
The event marks a major threshold for miners, as the litecoin network is designed to reduce its mining rewards by half every 840,000 blocks (roughly every four years).
For this “halving,” the mining reward for every block has been reduced from the previous 25 LTC to 12.5 LTC.
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AlecMe
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August 05, 2019, 11:58:31 AM |
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Would this halving bring a surge in price or reduction in miners due to lack of profitability?
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Totscha
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August 05, 2019, 01:20:09 PM |
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Would this halving bring a surge in price or reduction in miners due to lack of profitability?
Yes!
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