LTC halving

[Natalim]

the fact that all coins do not follow rising trend of bitcoin tall one , including litecoin, litecoin increase independently, In my opinion, and the upward trend in year 2019 is very different from the rising trend in year 2017 yesterday

yes, that's what happened. LTC does its own pump, even when the market is in a downtrend. LTC can do the pump. it's because of halving that is heard by many people, which makes it even more believing that prices will increase. naturally, if the LTC demand on the market increases.

But this time around, it's no exception, BTC dump and other altcoins followed.
I can say it's really a bad day for crypto now, there is no green in the top 100, most of the coins are down over 10%.

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[passwordnow]

yes, that's what happened. LTC does its own pump, even when the market is in a downtrend. LTC can do the pump. it's because of halving that is heard by many people, which makes it even more believing that prices will increase. naturally, if the LTC demand on the market increases.

If the market will be the same until the halving of LTC, don't expect about it anymore and think of the pump once the halving is done.
The market is very unstable for the moment and it's volatility is again giving us a pressure and fear that the market can be down again.

[leea-1334]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

Had been waiting for this to happen since I have been holding my litecoin for long now

I don’t think that bitcoin will go together with litecoin because bitcoin halving will happen next year and I am looking for separate LTC growth just like ethereum in 2018 1st quarter

I knew everything was priced in already even last year when Litecoin was down from the ATH. For me,,, I am waiting again for $300 to happen. This time I will watch and wait for a new ATH, maybe sell exactly the amount I need to recover my initial investment, and then hodl some more until $1k happens. If ETH could do it, why not LTC an actual currency right?

[shulc7]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

Had been waiting for this to happen since I have been holding my litecoin for long now

I don’t think that bitcoin will go together with litecoin because bitcoin halving will happen next year and I am looking for separate LTC growth just like ethereum in 2018 1st quarter

Yes, BTC halving will happen next year, therefore, Litecoin halving might not affect Bitcoin price. nevertheless, it will affect altcoin itself. Last time, when we had LTC halving, its price went to the Moon. If the history repeats, we can wait for that Litecoin will grow to reach at least 350 dollars, which will be the joy of all cryptocurrency investors.

[akram143]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

yes I also feel like that the different situation also faced by the light kind so that I think it also had the same path like the development of Bitcoin and its developed independent only and more of the cryptocurrency and follow these development only with the unique way

[ryzaadit]

Need to wait went bitcoin on a sideways position, in the past a month. The pair of LTC/BTC & other cryptocurrencies not really good, they always crash because of bitcoin movement. But the price of fiat sometimes follow the bitcoin price, today the price of LTC/USD back to the same price with profit around 20-30% from last "All time lose". Just from my 2 cents, I think the movement will be on September/October. DYOR & DWYOR Please.

[juperos]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

I think it will increase independently. because it is a private event of Litecoin and other alts will not be relevant. And this growth will not be too high and it will not make the market green. We should expect it in Bitcoin Halving, the most powerful coin.

[imstillthebest]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

I think it will increase independently. because it is a private event of Litecoin and other alts will not be relevant. And this growth will not be too high and it will not make the market green. We should expect it in Bitcoin Halving, the most powerful coin.

btc is moving positively at most times so who knows , there is a possiblity or a co incedent rather that could happen during the ltc halving where btc could also increase on its own not because the help of ltc/halving but because of the demand alone   .

 and  how can you say that the price of ltc wont go high ? i disagree with that because alot of people are saying that havling can improve the price of a cryptos drastically  but your right that btc is still the most powerful coin and its halving can influence the overall crypto market  .

[Searing]

Again, Miners are underwater, I mean pretty much all of them unless you count the latest 2k and 3k Insilicon scrypt-pow miners for LTC.

Thus in less than 16 days and about 18 hours, that will become at $100 LTC now the equivalent of mining at $50 instead of $100 USD and thus

you are 2x underwater than you were before the halving.

LTC halving clock:

https://www.litecoinblockhalf.com/

To continue down this path, you also could say you need $200 LTC to make what you are making the next 16 days and 18 hours to break underwater

at the $100 usd LTC you have now. Thus, no worse off, but no relief either for miners even at $200 LTC.

Not really, sure that LTC POW mining can survive this. My logic goes like this. (Hope I am incorrect).

The other 'elephant in the room' is that MOST (I'd guess 65% plus) of all scrypt-pow miners are Bitmain L3+'s. Which under the above scenario

and prices now would be 'turned off' likely, as folks realize more $$$ are going in for electric than going out. This is to be expected. But because

so MANY of the miners are this particular (Bitmain L3+) model and have such a large percentage of scrypt pow, every time the price goes up (say $200) and these units, break-even in

price, even a little bit, blamo, they will go back up. We could be seeing some very odd yo/yo action on difficulty and price with this bit of equipment

banging in/out about the LTC mining ship, due to heavy seas. No new equipment worth making at difficulty and prices and old equip dumping in/out of a depressed

LTC market. Yech!

Only hope after halving for any action on LTC price, IMHO, is mimblewimble or some other innovations. Without that, Litecoin could be in some real

trouble on the pow mining front, sense of purpose, and of course the price after halving.

It is looking very, very ugly.

Brad

[bkbirge]

I suspect any price gains for LTC in the mid term related to the halving are already baked in. Maybe we'll get a tiny bump at the halving but I expect more of a dump around that time.

[arpon11]

I suspect any price gains for LTC in the mid term related to the halving are already baked in. Maybe we'll get a tiny bump at the halving but I expect more of a dump around that time.

I have to be sincere @bkbirge, litecoin is going to get pump in August. The coin is seriously in the eyes of investors and if you see yesterday pump that happen? You will agree with me that bitcoin gains more than every other altcoins and it was leading other coins in profit yesterday. The halving will favor holders more than traders and that is why people have started gathering litecoin before August. If you don't want to be left out then now should be the best time to buy as we come close to the end of July 2019.

[Searing]

I suspect any price gains for LTC in the mid term related to the halving are already baked in. Maybe we'll get a tiny bump at the halving but I expect more of a dump around that time.

I have to be sincere @bkbirge, litecoin is going to get pump in August. The coin is seriously in the eyes of investors and if you see yesterday pump that happen? You will agree with me that bitcoin gains more than every other altcoins and it was leading other coins in profit yesterday. The halving will favor holders more than traders and that is why people have started gathering litecoin before August. If you don't want to be left out then now should be the best time to buy as we come close to the end of July 2019.

Miners are underwater (a lot of them) at $100 coin, going to have to be one hell of a pump to fix this. $200 LTC just gets them at the loss they are making now vs difficulty.

(see my previous posts)

but then again, I hope you are correct.

A good start IMHO would be for LTC to go past Bitcoin SV in price. Then maybe, we could get some action price-wise passing that scam coin and fake satoshi pump and dump.

later

Brad

[rodel caling]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

Psossible if bitcoin increase their price it's big help for ltc or any other altcoins to pump up their price value in the coin market cap. So far so good the stablity of tough altcoin. So let's wiat the august month what will happen the result, because op comparing last all time high year 2017 start booming the price of crypto in the market after the segwit decision bitcoin increase their price into the including altcoins.

[freedomgo]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

Try to consider Price Graph Coinmarketcap. They move together, in the same style. That is, they are interrelated. If BTC grows, LTC also grows. So everything depends on BTC, because Altcoin is also exchanging with BTC. If the price of BTC rises, altcoin also benefits.

That's the trend that we suppose to see, however at this stage there's only few altcoins that are rising together with BTC and that includes LTC.
This means that the trend are changing and the strong coins like LTC and BNB can go with BTC but unfortunate for the majority as they are still bearish now.

[ethereumhunter]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

Try to consider Price Graph Coinmarketcap. They move together, in the same style. That is, they are interrelated. If BTC grows, LTC also grows. So everything depends on BTC, because Altcoin is also exchanging with BTC. If the price of BTC rises, altcoin also benefits.

That's the trend that we suppose to see, however at this stage there's only few altcoins that are rising together with BTC and that includes LTC.
This means that the trend are changing and the strong coins like LTC and BNB can go with BTC but unfortunate for the majority as they are still bearish now.

So once again, we need to wait for the time to comes so LTC can increase more than now. Maybe the next bull run for LTC will happen after the halving comes because LTC still have much time to increase and like the other coins, they all need the right time to see the next bull run. The other strong coins will also increase at the right time.

[flyer88]

At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

Many who assumed after halving happened then the price of LTC will soar high, I also believe like that.
So let's see and wait on August 8th later, and don't forget for those who have more funds to buy LTC starting from now.

[klaaas]

Maybe the next bull run for LTC will happen after the halving comes because LTC still have much time to increase

If the price already is calculated inn with the halving in mind by traders the last months the price will move sideways for quite a while after the halving. That was going on with the last LTC halving.

[Pipdips]

Maybe the next bull run for LTC will happen after the halving comes because LTC still have much time to increase

If the price already is calculated inn with the halving in mind by traders the last months the price will move sideways for quite a while after the halving. That was going on with the last LTC halving.

Can you show some candlestick charts from during that time frame?

[ðºÞæ]

Maybe the next bull run for LTC will happen after the halving comes because LTC still have much time to increase

If the price already is calculated inn with the halving in mind by traders the last months the price will move sideways for quite a while after the halving. That was going on with the last LTC halving.

Can you show some candlestick charts from during that time frame?

last halving time https://bitcointalk.org/index.php?topic=5157294.msg51674017#msg51674017

[Pipdips]

Okay.  I am not a fan of this chart because it is hard to read and has photos on it but this is all we have to work with.



The last LTC halving event took place August 25, 2015.  Look at the chart above.  It shows a big spike up during July 2015 and the a crazy plunge downwards in price.  It looks like the previous LTC halving was a disaster for anyone that invested in it?