Speculation Litecoin Prices Rises Higher Before Second Halving Reward

[putra goromo]

Reduced rewards for miners Litecoin (LTC) otherwise known as Block Reward Halving, on the upcoming August 8, 2019, is considered to trigger high speculation about the increase in LTC prices. Since the beginning of January 2019 the price of LTC has indeed risen to 264 percent from US $ 30.46 to US $ 111 per June 7, 2019.
Historically there has been no increase in LTC after halving occurred. The first halving of the LTC occurred in August 2015. At that time, three months before halving, LTC rose from US $ 1.5 to more than US $ 3 and peaked at US $ 8 in July 2015. In August 2015, after halving and the following months, the LTC actually fell more than 50 percent.

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[Metroid]

And it rose a lot. Litecoin real value price is 4 to 5x less x eth and at moment is almost 110% more than that, tech wise = $50 usd, it's overvalued. I would sell all right now hehe or exchange for eth.

[Beyerd17]

And it rose a lot. Litecoin real value price is 4 to 5x less x eth and at moment is almost 110% more than that, tech wise = $50 usd, it's overvalued. I would sell all right now hehe or exchange for eth.

Whatever real value something has is determined by the market, in other words supply and demand. It's clear you're a Ethereum fanboy and your post is basically pointless.

[Metroid]

And it rose a lot. Litecoin real value price is 4 to 5x less x eth and at moment is almost 110% more than that, tech wise = $50 usd, it's overvalued. I would sell all right now hehe or exchange for eth.

Whatever real value something has is determined by the market, in other words supply and demand. It's clear you're a Ethereum fanboy and your post is basically pointless.

You are right, value is determined by the market and market value is determined by tech value and speculation. At this moment ltc is at the speculation stage, ltc has very low tech value to be at this value, so as the speculation diminishes, ltc will start going back to its tech value. I do believe in dapps and that is related to eth and the future, so that is not about fanboyism, is about believe in something and see tech value in it, reason why even eos has a market cap closer than ltc at moment even though eos has a billion coins. LTC is overvalued as it only represents a very low tech value.

[FloppyPurpleGherkin]

And it rose a lot. Litecoin real value price is 4 to 5x less x eth and at moment is almost 110% more than that, tech wise = $50 usd, it's overvalued. I would sell all right now hehe or exchange for eth.

Whatever real value something has is determined by the market, in other words supply and demand. It's clear you're a Ethereum fanboy and your post is basically pointless.

You are right, value is determined by the market and market value is determined by tech value and speculation. At this moment ltc is at the speculation stage, ltc has very low tech value to be at this value, so as the speculation diminishes, ltc will start going back to its tech value. I do believe in dapps and that is related to eth and the future, so that is not about fanboyism, is about believe in something and see tech value in it, reason why even eos has a market cap closer than ltc at moment even though eos has a billion coins. LTC is overvalued as it only represents a very low tech value.

To be fair, He's right. I've been on these boards since '13 (other user names) and have seen you basically pushing ETH harder and harder for a long time, You clearly have a very large bag.. Was you silly and bought in at $1.3k+? 
I was even more silly and sold 1000's of ETH for $2-$5 but it is what it is! No amount of shilling by yourself on these sub-forums will bring eth back over $1k, It'l either happen or it wont (I personally believe it'll hit $5k before 2025)

Litecoin is not about the 'tech' behind it, More about the trust and widespread acceptance/usage, LTC was born over 10 years ago! ETH is not even 4 years old yet, ETH has proven it is NOT immutable (see ETC)
LTC is accepted as payment in millions of places alongside BTC, ETH is not accepted anywhere near on the scale of LTC/BTC and isn't as trusted as them either.

[starkovblue]

And what do you want to report this?
There is a price increase, but if you look at the complexity, it has even grown more. So the profit from mining at the moment fell a little.

[Metroid]

To be fair, He's right.

If you think he is right that ltc has a high the tech value then go and buy millions of it. That is how it works, like I said before I believe in dapps, not a coin per se.

[Lucky-marsik]

even the founder of the LTC coin sold all his coins. And I doubt it would have done if they were so valuable. Means this inflated the price all same

[jacafbiz]

And it rose a lot. Litecoin real value price is 4 to 5x less x eth and at moment is almost 110% more than that, tech wise = $50 usd, it's overvalued. I would sell all right now hehe or exchange for eth.

I don't understand the reason why people do not give Litecoin the due respect, Litecoin do not claim to be that or that, it is contented with it being the Silver to Bitcoin Gold, as long as Bitcoin exit, Litecoin will still be alive, I even rate it more than Ethereum this is IMO. Price will still go up the halving is on the way

[ashmodeus]

Litecoin is not about the 'tech' behind it, More about the trust and widespread acceptance/usage, LTC was born over 10 years ago! ETH is not even 4 years old yet, ETH has proven it is NOT immutable (see ETC)
LTC is accepted as payment in millions of places alongside BTC, ETH is not accepted anywhere near on the scale of LTC/BTC and isn't as trusted as them either.

yes like u say,because ETH still younger than LTC, and its just waiting for the time.
ETH will be accepted like LTC or BTC

even the founder of the LTC coin sold all his coins. And I doubt it would have done if they were so valuable. Means this inflated the price all same

yes, i remember when that happened,
instead he want to intend to focus on the project, but it looks like a personal benefit.

[Pagri]

And it rose a lot. Litecoin real value price is 4 to 5x less x eth and at moment is almost 110% more than that, tech wise = $50 usd, it's overvalued. I would sell all right now hehe or exchange for eth.

Whatever real value something has is determined by the market, in other words supply and demand. It's clear you're a Ethereum fanboy and your post is basically pointless.

You are right, value is determined by the market and market value is determined by tech value and speculation. At this moment ltc is at the speculation stage, ltc has very low tech value to be at this value, so as the speculation diminishes, ltc will start going back to its tech value. I do believe in dapps and that is related to eth and the future, so that is not about fanboyism, is about believe in something and see tech value in it, reason why even eos has a market cap closer than ltc at moment even though eos has a billion coins. LTC is overvalued as it only represents a very low tech value.

To be fair, He's right. I've been on these boards since '13 (other user names) and have seen you basically pushing ETH harder and harder for a long time, You clearly have a very large bag.. Was you silly and bought in at $1.3k+? 
I was even more silly and sold 1000's of ETH for $2-$5 but it is what it is! No amount of shilling by yourself on these sub-forums will bring eth back over $1k, It'l either happen or it wont (I personally believe it'll hit $5k before 2025)

Litecoin is not about the 'tech' behind it, More about the trust and widespread acceptance/usage, LTC was born over 10 years ago! ETH is not even 4 years old yet, ETH has proven it is NOT immutable (see ETC)
LTC is accepted as payment in millions of places alongside BTC, ETH is not accepted anywhere near on the scale of LTC/BTC and isn't as trusted as them either.

Personally, I see no justification for thinking that ethereum could hit $5K before 2025, do you have any basis to affirm this? And I agree with the fact that there are not enough reasons to be overly optimistic about the future of ethereum. New cryptocurrencies continually emerge that offer better alternatives to what at the time made ethereum an obligatory choice for investors, but even so I do not think Litecoin is more popular than ethereum at the moment, I would bet that ethereum has more daily transactions than litecoin, and there are many more exchange markets for ethereum than for litecoin, whose main advantage is to be one of the fastest and cheapest altcoins when making transactions, but not much more.

[Galantin]

And it rose a lot. Litecoin real value price is 4 to 5x less x eth and at moment is almost 110% more than that, tech wise = $50 usd, it's overvalued. I would sell all right now hehe or exchange for eth.

Well, here the price has obviously gone up. Big players, bots on exchanges. Perhaps someone wants to earn good money) Now they will overclock the price and spend the night, as usual, they will sell everything.

[Metroid]

I don't understand the reason why people do not give Litecoin the due respect, Litecoin do not claim to be that or that, it is contented with it being the Silver to Bitcoin Gold, as long as Bitcoin exit, Litecoin will still be alive, I even rate it more than Ethereum this is IMO. Price will still go up the halving is on the way

Silver to gold, litecoin to bitcoin is already buried in the past. Bitcoin already surpassed gold a long time ago, ltc also already surpassed silver a long time ago.

Okay so let me ask you, if you decide to buy something in the supermarket using crypto, you will likely have to use digital applications known as dapps, main form will be eth, that will be 15 seconds transactions, you can just touch your mobile in the barcode and wait your receipt, now I ask you , first, ltc, you cant do that, even if they find a way to and will be a lot of work and expect the fee to be huge because there is no compatibility and in the end you will have to wait 2.5 minutes or more in the line for the transaction to be processed and you have to be lucky. I can see the winner here and by a lot and soon eth will be able to process millions of transactions every 15 seconds.

See that is the problem about you trolls, you dont see the big picture, ltc is a dead coin, it will have no use other than pump and dump and remember if something better comes than eth regarding tech then eth will be a dead coin too and that means tech value is important than all the bullshit you trolls throw at. There is no coin better than eth at moment, period.

Also pay attention, nothing is going up at moment, so this ltc rise will not keep and when it crashes it will crash faster than other coins, now if bitcoin, eth and xrp keep coming up then ltc is safe for the time being.

[putra goromo]

Similar to the first halving, hashrate on the Litecoin blockchain also increases before this second halving. Since the last 3 months, the hashrate has risen from 250 TH / s to 349 TH / s. On the basis of speculation, too, with reduced rewards per block from 12.5 LTC to 6.25 LTC, it is estimated that more miners will mine LTC compared to other crypto currencies.

[Yoshinoya]

Actually there is more uncertainty in the world of crypto currencies, even though there are a number of possibilities that can be used as a reference before this LTC halving. However, miners are likely to continue to try their luck with halving this event and hope to book profits after mining and then sell more LTC while calculating money that can be withdrawn to cover their capital.

[Metroid]

Actually there is more uncertainty in the world of crypto currencies, even though there are a number of possibilities that can be used as a reference before this LTC halving. However, miners are likely to continue to try their luck with halving this event and hope to book profits after mining and then sell more LTC while calculating money that can be withdrawn to cover their capital.

Well their objective with this halving is clear, buy buy buy and exchange to other coins as other coins will rise in price too. XRP this time was the last coin to rise, last time was the second, ltc is no different, 30% pump and then stagnate. XRP from 0.22 to 0.35 in just 1 day, 50%+. ETH at the moment is the coin with the most potential to rise a lot and fast. ETH has been dead or so we speak for a while, nothing there hehe

[Kasperiko]

I think halving at the moment is already in the price. Yes, according to technical analysis, there is room to grow, but the main movement has already taken place. There is a lot more sense to keep funds in ethereum and mine, than they will wear it that it will repeat the growth of LTC.
Although of course this is a market and everything is possible.

[CryptoKush]

I think that people have too high expectations associated with Litecoin. I don’t think that Laitcoin will cost more than 0.02 BTC. I think that now buying Laitcoin is risky.

[gullu]

Its sure that the price of litecoin will rise after the halving. The same happened with btc too and the rest became history. I dont want to miss this. I know that it wont happen like btc but still there will be a good percentage of increase in price.

[Alpha0One1]

I like Litecoin. I recall converting BTC and ETH last 2017 when BTC and ETH network was clogged and the best way to transfer value is to convert to LTC and send where you want to send it.