Zentachain1990 (OP)
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June 22, 2019, 03:17:57 PM |
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At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?
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rosezionjohn
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June 22, 2019, 03:27:54 PM |
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The dev team of both coins move independently from each other and have their own timeline or target to follow.
Or are you referring to the their price? if so, then I'd say it's the market that decides.
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mk4
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June 22, 2019, 03:32:38 PM Merited by kryptqnick (1) |
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Does Btc and ltc move together or does ltc increase independently?
It's mostly(not 100% of the time): BTC rises in price --> alts rise in price BTC drops in price --> alts drop harder alts rise in price --> BTC stays stagnant
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kissme09
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June 22, 2019, 03:51:33 PM |
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The market determines their prices, LTC, and Bitcoin all have their development directions. Currently, the Cryptocurrency community is concentrating on promoting Bitcoin prices, so its costs are rising rapidly over the past few days. I believe LTC will soon receive support from the community and its price will increase sharply in a short time.
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Pipdips
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June 22, 2019, 04:41:26 PM |
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At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?
I predict that Bitcoin's parabolic pattern could be finished before August 2019. If my prediction is true then now is not a good time to buy LTC. I plan to buy Litecoin before the LTC halving but only a few days before it happens. Then I will sell on top of the price bump. Either way, I am playing it safe and going to make a profit.
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shimbark123
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June 22, 2019, 04:50:46 PM |
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I didn't know that LTC has also a halving method? When bitcoin halves, its price increases. I remember the 2nd halve of bitcoin and I think that this 3rd halve will take place at 2020. Will LTC's price will increase also with its halve? And/or will it affect other cryptocurrency's price?
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jerald125
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June 22, 2019, 05:07:39 PM |
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ltc will grow but how and when no one knows
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boyptc
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June 22, 2019, 05:16:14 PM |
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It has increased on its own for the past months but I think it's now increasing together with bitcoin. Sometimes it does on its own and there are times that it don't. I didn't know that LTC has also a halving method? When bitcoin halves, its price increases. I remember the 2nd halve of bitcoin and I think that this 3rd halve will take place at 2020. Will LTC's price will increase also with its halve? And/or will it affect other cryptocurrency's price?
It might be and for the schedule --> https://www.litecoinblockhalf.com/
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leonair
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June 22, 2019, 05:31:58 PM |
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For me, Litecoin's price(actually almost all of the altcoins) is still dependent on Bitcoin because when you look at the price graphs of these two they're almost the same.
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partysaurus
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June 22, 2019, 05:44:44 PM |
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At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?
i dont think and it should not affect btc price since they are 2 diffrent cryptos, but this market has done crazier shit than that before so you never know, but as i said it should not affect it.
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Xirilcandy
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June 22, 2019, 05:57:30 PM Last edit: June 22, 2019, 08:11:19 PM by Xirilcandy |
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I personally don't care about price fluctuation, I stick to investing on a legitimate platform like https://allcoinvest.com which pays me double of my invested capital in 7 days or I buy hash power for mining using https://genesis-mining.com, all this have been doing for some years now and have helped me raised more than a million dollar i will recommend the same for everyone don't rely on just mooning get into investment, mining or trading you can earn in a few months what others will take years to earn waiting for the big moon
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kryptqnick
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June 22, 2019, 07:19:08 PM |
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Does Btc and ltc move together or does ltc increase independently?
It's mostly(not 100% of the time): BTC rises in price --> alts rise in price BTC drops in price --> alts drop harder alts rise in price --> BTC stays stagnant I think you are right about the correlations. But I'd like to add Bitcoin dominance into the picture. When altcoins rise along with Bitcoin, there's a tendency of BTC dominance getting lower. In general, lower dominance means bullish market. When Bitcoin goes down, alts are hit even more, because people trust in them even less than they do in BTC, and Bitcoin's dominance grows. And I am not sure about your last point. I think that when the dominance is low, the correlations become less regular and obvious, so Bitcoin can grow, stay the same or drop a bit while alts are going up.
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diazepam666
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June 22, 2019, 07:41:45 PM |
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At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?
Bitcoin halving will be occurs on September next year but I am not sure when the litecoin halving will fall. So prepare for it and make your investment on LTC as early as possible. Then I have heard they are planning to launch the debit card with the collaboration of some companies.
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Searing
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Clueless!
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June 22, 2019, 07:58:29 PM |
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At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?
Bitcoin halving will be occurs on September next year but I am not sure when the litecoin halving will fall. So prepare for it and make your investment on LTC as early as possible. Then I have heard they are planning to launch the debit card with the collaboration of some companies. Litecoin halving is in 43 days. Litecoin Clock below: https://www.litecoinblockhalf.com/My 'hope' is with mimblewimble anonymous protocol being added to the Litecoin Wallet and the halving from 25 LTC to 12.5 LTC in block reward and also "supposed" I heard today of an LTC 'debit card' in the works. That Litecoin will at least be above and stable over $200 USD. The reasoning is that Litecoin at $200 or above is NOT that far fetched when you consider the 'train wreck', IMHO, of Bitcoin Cash ($480.40) and Bitcoin SV ($239.19). Again, IMHO, you'd certainly think with the 'halving' and mimblewimble alone that Litecoin could sustain $200 to $300 price range on the block reward halving. So my logic goes in buying 343 LTC on such a 'bet' starting on 4/9/19. So far it is looking WAY better than I expected. Anyway, my long term HODL plan for LTC till halving and beyond. Brad
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Classica35
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June 22, 2019, 10:28:05 PM |
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Gradually LTC halving is having impact on its price, which is a sign of good omen that it will be well impacted as it is near. Investing in it now is more like an opportunity which one should not be lost and if lost, it might not be regained as supposed
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Gridness
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June 23, 2019, 04:35:21 AM |
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the ltc price will move independently and maybe only slightly affected fall and increase the btc price but that won't be too significant. and i am buy a little amount LTC before the halving.
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MIner1448
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June 23, 2019, 04:57:01 AM |
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once the payments are halved, the price of the token should grow, there will be less coins in circulation, the demand will remain the same or increase and the holders will increase the price accordingly.
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Pffrt
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June 23, 2019, 04:59:40 AM |
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Does Btc and ltc move together or does ltc increase independently?
It's mostly(not 100% of the time): BTC rises in price --> alts rise in price BTC drops in price --> alts drop harder alts rise in price --> BTC stays stagnant I would define it as other words although it's almost same as you define. BTC rise- Altcoin rise BTC drop- Altcoin drop as well BTC stable after rise- Altcoin get pumped. Both of the define is same though but altcoins get pumped once after BTC starts to get stable after a huge pump, BTC doesn't get stable because altcoin start to rise.
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thiscomm
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June 23, 2019, 05:18:54 AM |
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yes that's true, LTC is one of the families of BTC. they are both including crypto who serve the public but they have differences where the LTC services are faster than BTC.
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vladimirhf
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June 23, 2019, 07:03:00 AM |
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Does Btc and ltc move together or does ltc increase independently?
It's mostly(not 100% of the time): BTC rises in price --> alts rise in price BTC drops in price --> alts drop harder alts rise in price --> BTC stays stagnant sometimes btc rise at the cost of alts, when not much fiat is coming (total marketcap stagnant) alts rise in price and BTC stays stagnant when people are converting profits into alts.
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