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Author Topic: Litecoin Likely to Double in Coming Months  (Read 1403 times)
moynul2050
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August 12, 2019, 03:05:01 PM
 #121

Halving is indeed a very awaited thing, but in reality now I do not see things that have an effect on Litecoin, even bitcoin has decreased from its highest price last week.
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August 12, 2019, 03:35:16 PM
 #122

I believe this is true and even when we recognize it.  crypto is a long-term investment and LTC will be one of them with strong trust.  After the round of Halving was successful last week.  The back will be the rise of LTC.  I expect Halving's BTC will roll the LTC towards the moon.

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August 12, 2019, 04:01:31 PM
 #123

Halving is indeed a very awaited thing, but in reality now I do not see things that have an effect on Litecoin, even bitcoin has decreased from its highest price last week.

We seen bitcoin declined a little percentage lately, but it doesn't mean we're going to expect it at worst. When there's fluctuations there's always a positive trend that's gonna happen surprisingly, so as unpredictable market goes through the actual market will prevail. Litecoins has always the potential to show it's capability to become more promising.

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August 12, 2019, 04:12:35 PM
 #124

Litecoin has seen almost no code development for much of this year.
"I dont very much care,"  says Charlie Lee.
LTC is trading at $86 per coin while the founder and only developer admits the project is dead.
Cypto is in for a huge wake up call.
Biggest exit scam in history & executed perfectly! It couldn't have been played better. Hat's off to Charlie Lee for a master class.
Walked off with an estimeted cool $300 million and no one batted an eyelid or questioned a thing.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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August 12, 2019, 08:06:47 PM
 #125

although halving already passed the lightcoin, it practically did not react to it. However, good growth is planned today at night, Dash set the direction, and the lightcoin picked up
The reaction might come few months from now. It's basically not going to be reacting in instant just like what majority has expected. It won't be so fast for litecoin to react just because the halving commenced.

I'm starting to have that idea on what will happen after bitcoin's halving. It can be the same as what happened to Litecoin though it just happened a week. But the positive effect of it, we've got to see it very soon.
Agree that the reaction will not happen immediately as the dream of many people, but at least, litecoin should have some signs of movement, it needs a good movement to break the gloomy atmosphere of the market, it is necessary to create credibility that enables the community to support more litecoin. But if litecoin still lives in the tranquility of the market, it will not be able to make good use of this event, which means that prices can only increase at not too high levels, cannot double, even become a trap to keep many people's capital
The sign that it has a good movement is that it has stayed as one of the major altcoin in the market. It has retained its position inside the top 10 and the current rank stands at rank 5. I've noticed that it became top 4 before but this market is very shaky and volatile so that's why it has moved to a lower rank these days.

Litecoin is good to be treated as a long term investment unlike other altcoins that has daily motion but at the end of it, you'll be losing a lot of money because you are just riding the hype.

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August 12, 2019, 10:16:57 PM
 #126

If Litecoin will increase its price this month, my hope is not to double or triple.  I want the price of Litecoin to go up x10 from now on.  For me, the Litecoin price is too cheap for a good Altcoin Litecoin class.  Litecoin prices should be able to compete directly with Ethereum Prices
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August 12, 2019, 10:59:10 PM
 #127

If Litecoin will increase its price this month, my hope is not to double or triple.  I want the price of Litecoin to go up x10 from now on.  For me, the Litecoin price is too cheap for a good Altcoin Litecoin class.  Litecoin prices should be able to compete directly with Ethereum Prices
The reality is that we can't be sure of anything to happen. LTC halving isn't an assurance for its growth, yes it may possible to have an inclining scheme and there is a possibility that it remains at low. We can expect that LTC will move higher any time and not just relying on halving to happen.
Investors still believing this certain coin and it is enough to hold its stand and remain as one of the potential coins in the market.   

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August 15, 2019, 07:09:14 PM
 #128

Most likely, this will happen, the lightcoin will remember in half and play this event as soon as a wave of positive events has accumulated and everything will grow.

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August 15, 2019, 08:08:35 PM
 #129

If Litecoin will increase its price this month, my hope is not to double or triple.  I want the price of Litecoin to go up x10 from now on.  For me, the Litecoin price is too cheap for a good Altcoin Litecoin class.  Litecoin prices should be able to compete directly with Ethereum Prices
Litecoin is one of the old coins and if you look at it price of $75 you will find out that it is seriously undervalued. Since the halving it have been going down and I seriously doubt now if litecoin is going to double in price before end of this month. It is now very clear that bitcoin is now the most important coins in cryptocurrency and investors has no any alternative to it and that is why coins like litecoin are finding it very difficult to gain on there own.



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August 15, 2019, 08:25:11 PM
 #130

yes, halving on litecoin will increase the demands and of course the demands will make the price increase
thats maybe the main causes why litecoin price will be doubled in coming months
Lol this will happen next year so expect no great pump from litecoin.

This coin use to be one of the most promising back in 2017 but I don’t know why in a sudden the blue goes down drastically and not cannot return back to top 3 following ethereum



Planning to buy litecoin before the end of the year and hoping to get good return next year

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August 16, 2019, 02:43:03 AM
Last edit: August 18, 2019, 03:32:00 AM by zacxavier
 #131

To bump this thread. Sadly things don't go according to plan. Even with the halving of rewards from miners who is keeping the network secure, just like what happened in the past halving, it is expected that the value would rise, BUT this time it ain't happening, With the technical's on set, the fundamentals which is the halving, value of litecoin didn't rise. With bitcoin dominance increasing, all the marketcap from altcoins is going to bitcoin which is making alts to bleed for the sake of bitcoin.
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August 16, 2019, 03:08:25 AM
 #132

unfortunately expectations are inversely proportional to reality.
that I almost understand in this market when people in the crowd want something, the opposite happens.

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August 16, 2019, 04:57:42 AM
 #133

 Its current price seems to have halved compared to the peak.
This is truly an unforgettable event and it will surely be saved in crypto history.
Halving => falling coin price.
I am quite disappointed by the price movements of Litecoin in recent days. hope it will soon rise again.

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August 16, 2019, 06:31:49 AM
 #134

After the halving, litecoin price still cannot increase higher, but I am sure that litecoin price will increase someday. Maybe we need to wait for more and still buy back litecoin while the price is at a low price. But remember, there is no guarantee for us to know when litecoin price can increase. I still believe that the price will be back to the higher price, and that will be a matter of time before we see the price reach the highest price.

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August 16, 2019, 08:18:41 AM
 #135

It is so funny right now when I saw many litecoin shillers in my telegram groups and in twitter cryptoverse saying that we should all prepare for the upcming litecoin halving but nothing really happened. Litecoin perhaps is not that significant anymore and the image that their holders want to make us see which is ltc is the silver of crypto does not really work. And besides the creator of the coin Charlie Lee has already exited so I don't see the point to follow it and HODL.
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August 16, 2019, 04:05:20 PM
 #136

It is so funny right now when I saw many litecoin shillers in my telegram groups and in twitter cryptoverse saying that we should all prepare for the upcming litecoin halving but nothing really happened. Litecoin perhaps is not that significant anymore and the image that their holders want to make us see which is ltc is the silver of crypto does not really work. And besides the creator of the coin Charlie Lee has already exited so I don't see the point to follow it and HODL.
       

   What happened is that reward for miners is halved. Mining reward for every block has been reduced from the previous 25 Litecoins to 12.5 Litecoins.
Reducing the mining revenue by half will lead to net loss for miners, at this price for many people who don`t have money to upgrade their miners.
   Charlie Lee sold his coins, he said he will continue to work on Litecoin for love, not for the money.
   You are disappointed cause halving didn`t affect the price. Halving never affect the price right after the halving! Be patient.



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August 16, 2019, 08:07:50 PM
 #137

litecoin, as well as other altcoins in general, is not in the best condition right now and most likely that is why litecoin did not respond to halving

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August 16, 2019, 08:19:10 PM
 #138

Halving is indeed a very awaited thing, but in reality now I do not see things that have an effect on Litecoin, even bitcoin has decreased from its highest price last week.

Halving did not have any effect as all were ready for it, and prepared for any changes. Thus, Litecoin did not choose its price dramatically. I gained well but due to other reasons, not connected with it. What I see is that LTC is standing almost still, but its market capitalization is slightly growing. Probably, it will manage to reach 100 dollars this year.
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August 16, 2019, 08:26:19 PM
 #139

Halving is indeed a very awaited thing, but in reality now I do not see things that have an effect on Litecoin, even bitcoin has decreased from its highest price last week.

Halving did not have any effect as all were ready for it, and prepared for any changes. Thus, Litecoin did not choose its price dramatically. I gained well but due to other reasons, not connected with it. What I see is that LTC is standing almost still, but its market capitalization is slightly growing. Probably, it will manage to reach 100 dollars this year.
From $75 to $100 isn't really that far but this one https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html

Do make me hesitate to fully support this coin.It might have some considerable volume but its founder already leave out his own project.So I don't see for it to be substantial for upcoming years.

R


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August 16, 2019, 08:32:04 PM
 #140

I have a Litecoin Koan.

"If Litecoin price doubles in a couple of months.?"

"Will not difficulty also go up enough to negate such?"

"Thus the sound of 'One hand clapping'?

"Deafening Silence, still, on Litecoin's future?

(ducks...don't throw stuff at me in Bitcointalk! It stings!)

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