LTC will hit 500++ on july 15 2019

[mercedes321]

halving is in august 2019, here is the explanation what that means: https://cryptomining-blog.com/tag/litecoin-halving/

i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.

so lets say it will be 110 x 5 not x7= 550 usd, then it will stablize at 220.

This is estimated price. I personally think it will hit 680 on july 15.

your thoughts?

[YuginKadoya]

A hype because of the halving can have a different outcome, It can also decrease its value, But speculation can be a bit dramatic and it end out that it doesn't support any claims but a past outcome happen on a recent halving of litecoin, We may never expect what may happen on july 15 and its gonna happen next year, if its gonna increase x5 or x7 lets hope it is a bull run on that year we may even see a bigger increase in litecoin when that happen.

[cellard]

halving is in august 2019, here is the explanation what that means: https://cryptomining-blog.com/tag/litecoin-halving/

i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.

so lets say it will be 110 x 5 not x7= 550 usd, then it will stablize at 220.

This is estimated price. I personally think it will hit 680 on july 15.

your thoughts?

My thoughts are evident: Why bother if you don't include the price in BTC? LTC it may go to 500 USD, but BTC may go way higher, and the net result would be that you lost money if you exchanged your LTC for BTC.

A coin must perform better than BTC. At the end of the day you want to increase your BTC holdings, not USD holdings.

And fundamentals wise, even if you are focusing in USD.. why would LTC even pump? LTC pumped back in the day because it was used as a testnet for segwit. If it wasn't for this, I doubt it would have pumped as much. So it must have some special use case in the future for it to pump.

There's a possibility it pumps during a super BTC bull market due inertia but also a possibility people just start dumping alts to be exposed to BTC only.

[mercedes321]

btc dominance topped at 54%, 70% of the alts gonna outperform the BTC, so will the LTC. LTC was one of the best performers in past year, not many cripto is in bull if you looked 1 year back. BTC is up 50%, LTC just 20, riple 85%, eth just 6%, NEO -35% etc etc...

I think that on december BTC will hit 11.300 usd, if SEC doesnt confirm the ETF, if it confirmes it it will hit 16.800 USD.

I personaly dont think it will confirm it.

LTC/BTC will hit 16600 satoshi on june 15.2019, and july it will top at 24.600 satoshi.

i know ONT, NEO, ETH, ICX, ADA, and plenty others will do more, but not between june 2019 and july 2019. thats when the LTC will do his thing.

lets see.

[bitcoin31]

There is no specific date when the litecoin hit that price. But for sure this year and even this year that coin is possible to become thousand dollars each litecoin and I hope that is really happen to earn more money.

[tabas]

This speculation is for Litecoin and it belongs to Speculations (Altcoins). Well if it reaches $500, is Charlie Lee still has some Litecoins on hold? or he sold all of it to after his declaration to make it decentralized?

[jrrsparkles]

halving is in august 2019, here is the explanation what that means: https://cryptomining-blog.com/tag/litecoin-halving/

i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.

so lets say it will be 110 x 5 not x7= 550 usd, then it will stablize at 220.

This is estimated price. I personally think it will hit 680 on july 15.

your thoughts?

Tired of speculations but nothing works for now,since the prices of crypto currencies were digging the ground after every small recovery and the coins other than bitcoin falling more.

On the other hand anything can be possible here so it may hit $500 in the next year but at that time bitcoin may reach very higher value or it won't be possible since the movement of bitcoin prices highly influencing other cryptos as well.

[Kemarit]

I doubt that it can get to $500. As cellard has explained, LTC was the guinea pig for Segwit implementation, that's why you will see occasional pumped on that coin. And halving doesn't make a strong case for a pump. IMHO.

@tabas - Charlie Lee himself confirmed that he has sold everything back in December 2017 (https://bitcoinist.com/charlie-lee-on-selling-his-litecoin-it-just-feels-like-its-not-the-right-decision/)

[Samarkand]

...
i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.
...
your thoughts?

The problem with this argument is that much more capital is needed
for a x7 price move at the current price level than in 2015. I agree that the block
reward halving should cause a price rise, but I doubt that it will have the same
magnitude as in 2015.

Besides, I fail to see what could be a new catalyst for another
LTC bull run. LTC pumped after the rumors and after the actual addition to Coinbase.
Nowadays LTC is trading at all the major exchanges, so another exchange
listing at a big exchange isn´t really possible. The main use case for LTC
is still being a testnet for BTC innovations and this demand can also be satisfied
when LTC is trading for less than a single dollar.
There is simply no real need for LTC to trade in the hundreds of dollars when
there is no real use case apart from being a testnet for Bitcoin.

[Slow death]

your thoughts?

If it is a question of altcoins and especially the LTC it will be very possible increase 2x not 7x, something I observed in the world of altcoins: " any good news can cause the price to increase more than 2x if the altcoin has a big community and a great team " so I believe it to be possible.When I invested in Verge I had a profit of 3x in a few weeks and I made a lot of profit in another currency that I invested so I realized that the crypto world is only dominated by the news to cause the price increases or decreases

[InvoKing]

I doubt the litecoin price will rise to $500 in less than a year honestly!
Getting +$200 is quite a good initial step around the halving?
Anyway, as said by tabas, you have to move the topic to altcoins speculation sub.

[mercedes321]

i add a poll, pls vote. I aint gona give it to alt coin bcs i dont know how to.

[BitcoinNewbie15]

I am a large hodler of LTC, finally a thread about LTC speculation. I don't know if $500 will be possible around July, but I am certain we will see $500 within the next two years. It's hard to say how the halving will affect the price this time around. Last time the market was much smaller and it was largely speculation. I think about 6 months after the halving, the market will react to the smaller amount of BTC being dumped on the market. Obviously the demand for litecoin will grow over the next two years, it has no reason not to. There is a very bullish future for Lite IMO.

But seriously, this thread does belong in the altcoin speculation sub-forum. This speculation sub-forum is purely for Bitcoin.

[Herbert2020]

first of all this is bitcoin speculation board not altcoins. we have another board for that.

second, you say it will be in July 2019 which is nearly a year from now! there is no point in speculating about something that is too far away.

and finally you have to remember that the halving hype always begins in a couple of months prior to the halving and the pump comes by that time not any sooner. so even if you wanted to buy and make profit from that pump you should start doing so in May or June 2019 which is still a far away target. and the price will depend on what the price will start at in those months. for example if it starts at $250 it can go up to $500 but if it is lower like being at $100 there is so little chance to do a 5x pump.

[mercedes321]

halving is in august 2019, actually it will happen at specific block,  and yes i agree its far way, and it will top a month before halving then it will stablize x2 in 2 weeks before halving and stay there, thats how it was in 2015.

[thovig26]

I think Top10 coins will grow insane in one year. I believe that and I hold my coins with LTC but I dont have enough LTC around 4-5 LTC that I have. If ı earn extra cash money i will invest to LTC and other altcoins. Cryptocurrency are reds again but we will overcome these red days dont worry just HODL.

[kingzpro]

Im not a big fan of pr3dictions anymore as most of the predictions uptil now this year have been washed away badly, i do know that when bulls will come.and dominate the market all steong coins will grow and ride the bull wave but when that bull run will start we cannot predict.

[Wasii]

Why are you so specific about this price,  do you have an insider information or you are just guessing,  I've got some few units of Ltc it will be awesome if Ltc can truly reach $500

[georgemamat]

How does the price of the LTC fall so much? If he drops a little more, what will he do? Now the market needs to give recovery signals. I think that's a little.

[Inkdatar]

No assurance that price could hit that amount by year 2019. When their is halving we don't know yet what would be the results can happen. The outcomes can be good that price may grow and may decreases a lot.