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Author Topic: LTC halving , what to expect?  (Read 759 times)
mikeywith (OP)
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July 25, 2019, 02:30:52 AM
 #1

 LTC halving is only 11 days 11 hours away, I started to see some FUD surrounding this event,  some people talk about price drop because of the decrease in security that is about to happen since many miners will leave the network after the halving, some go to the extent of saying LTC is going to be dead , some are bullshiting on the exact opposite side saying price will go to ATH right after the halving because supply will be decreased by half.


My thoughts on this are:

Nothing major is going to happen after the halving, neither price nor hash rate will be affected by much.


The reason why i think so, is simply because I am a believer in the theory of  "History repeats itself" and based on the previous halving, or the 2 halvings that BTC had, nothing out of the ordinary happened after any of those halvings !.

1- Price wise:


https://bitinfocharts.com/comparison/litecoin-price.html#log

After the previous halving ,price stayed leveled for many months then went up because BTC was going up and the crypto market in general was having a good time , the world did not care about missing 25 LTC every 2.5 mins after the previous halving , and the world most likely won't care about 12.5 LTC less every 2.5 mins 11 days from now


2-Hashrate wise:


https://bitinfocharts.com/comparison/litecoin-hashrate.html#log


Nearly the same exact thing as the price, hashrate kept it's normal progression and slowly increased, and since mining is profitability based, who cares if their rewards are cut by half as long as they are still making profit by the end of the day?

also the fact that LTC price is more likely than not going to increase in the long the run, adding to that the fact that more efficient gears should hit the market when price increases , it's almost certain that hash rate will only continue to increase, therefore - nothing about security is getting affected by the halving.


I could be wrong , but I place most of my thoughts on numbers from previous similar events, feel free to share your thoughts and correct me if I made a mistake somewhere.

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July 25, 2019, 12:51:49 PM
 #2

I think the main factor is that LTC is altcoin. And also the fact that it is BTC fork. Therefore, each halving will not have such a large impact on the price, as many expect. In addition, after each division in halving there will be less and less emissions. It also reduces the impact on the price due to the large number of altcoins, since the new money is scattered throughout the cryptocurrency market and there is not a large increase in demand for LTC.

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July 25, 2019, 01:28:00 PM
 #3

I disagree with your thoughts. You are an individual, and you are not mining Litecoin so you will not understand their influence.
If the price of Litecoin will not increase in the coming days, it is certain that there will be many miners from mining Litecoin -> the processing time of blocks will be longer and litecoin will definitely continue to decrease.
In order to improve this, Litecoin itself will begin to buy and push the price of the coin higher and offer certain events to increase purchasing power.
In fact, everyone is very interested in halving events, but litecoin is quite unfortunate when halving occurs at the time investors only focus on Bitcoin.

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July 25, 2019, 01:42:33 PM
 #4

and you are not mining Litecoin so you will not understand their influence.

It's funny how you assume that I don't mine LTC , I don't remember hiring you to manage my gears. Cheesy


Quote
If the price of Litecoin will not increase in the coming days, it is certain that there will be many miners from mining Litecoin -> the processing time of blocks will be longer and litecoin will definitely continue to decrease

I don't want to be mean, but really you need to educate yourself about basic mining concepts, things don't work like that.

With all due respect, almost everything you said is wrong , not because I think it is, but you are wrong about technical/mathematical facts , there is no way I can have a healthy discussion with someone who thinks block-time will be longer due to halving.


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July 27, 2019, 05:14:20 AM
 #5

Huge Hype one after the other until litecoin keeps losing value after the halving,litecoin halving wont have huge  benefit on crypto market like how bitcoin halving will,litecoin seem to surge in value only when big news is out for the coin or bitcoin bullrun drags it along

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July 27, 2019, 08:12:27 AM
 #6

 I totally agree with you. Litecoin only has the highest price of $ 135 and now it quickly falls to $ 94 and never grows because of the Halving event. everything has ended and it will be a bad thing for Litecoin's loyal miners.
In the near future, Litecoin will have to deal with their blocks when many miners will no longer exploit litecoin.
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July 27, 2019, 12:04:38 PM
 #7

I totally agree with you. Litecoin only has the highest price of $ 135 and now it quickly falls to $ 94 and never grows because of the Halving event. everything has ended and it will be a bad thing for Litecoin's loyal miners.
In the near future, Litecoin will have to deal with their blocks when many miners will no longer exploit litecoin.


Without any basis to prove your point is correct, Litecoin is also an altcoin top, it will also follow the trend of bitcoin. If someday in the near future, even the crypto market suddenly increases strongly from outside sources, Litecoin will also increase its price strongly. The insistence of litecoin is also a very important factor for it to increase in the future.
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July 27, 2019, 01:04:56 PM
 #8

Huge Hype one after the other until litecoin keeps losing value after the halving,litecoin halving wont have huge  benefit on crypto market like how bitcoin halving will,litecoin seem to surge in value only when big news is out for the coin or bitcoin bullrun drags it along
Every coin have their own hype, they needed that so LTC can survive. This halving is a great progress for LTC, we can’t know the future and the price of LTC can still go up. Though its cheap right now, I’m still confident for the future of the top altcoins like LTC.
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July 27, 2019, 05:22:36 PM
 #9

The success of these coins is not tied to all these conditions that we think they rely on. I remember some months back when many people were really hoping for this LTC halving to start affecting the price positively at least 2 months before the halving, but look at few days to the halving, it seems that LTC is even dropping more, which means that the halving may have no impact.

Rather than looking for all these artificial boost, we need to push the team of LTC to really make their technology a working product, they need more strategies that goes beyond the one they are currently applying in now, it is only when they keep coming up with different strategies that their products can continue to be recognized and used by the end users, only the end users can push the value of the coin to its peak.
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July 27, 2019, 05:25:19 PM
 #10

The success of these coins is not tied to all these conditions that we think they rely on. I remember some months back when many people were really hoping for this LTC halving to start affecting the price positively at least 2 months before the halving, but look at few days to the halving, it seems that LTC is even dropping more, which means that the halving may have no impact.

Rather than looking for all these artificial boost, we need to push the team of LTC to really make their technology a working product, they need more strategies that goes beyond the one they are currently applying in now, it is only when they keep coming up with different strategies that their products can continue to be recognized and used by the end users, only the end users can push the value of the coin to its peak.
Cant blame people yet anytime there that kind of event specially halving one then the mindset of most people would really be a tremendous price increase but
as said not all fundamentals or news that related to coin would be similar where it can give out positive impact and take a look on example with bitcoin price on last quarter each year where people hope or expect for price increase but it didn't happen.

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July 30, 2019, 05:55:28 PM
 #11

well the halving is already priced in nicely. i expect hashrate to fall after halving as it will become alot less profitable for miners to keep mining LTC.

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July 30, 2019, 06:26:00 PM
 #12

I just hope, with these halving the price maybe can drop first before make some fomo. Sometimes the party started can be late, i already sell my litecoin went i buy around 80-90$ at 120$ price. Waiting for a nice catch again at LTC.

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July 30, 2019, 06:57:48 PM
 #13

As for Litecoin Halving the price has been priced into the price already and is one of the coins this year that has outperformed BTC at some time, concerning the price dump, this could happen provided the price of the coin did not move or reflect the change in mining reward


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July 30, 2019, 07:14:38 PM
 #14

Probably may go in the right direction only we can expect the future of LTC because we are getting difficult situation in each and every time after the investment if people will not comfortable with what they are investing is not good for the project to be successful and valuable

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July 31, 2019, 12:03:45 PM
 #15

Many people hope that halving now will trigger a skyrocketing Litecoin price to reach its ATH, but until now Litecoin has not shown a positive trend and tends to follow market movements. I think it's very difficult to reach ATH, but hopefully there will be a pump that will happen in the near future.
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July 31, 2019, 12:55:56 PM
 #16

What to expect when a coin is doing halving it will go up for sure, just like what happened to bitcoin from its last halving the price go up. So litecoin will go onbthe same road like bitcoin.

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July 31, 2019, 04:23:44 PM
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Probably may go in the right direction only we can expect the future of LTC because we are getting difficult situation in each and every time after the investment if people will not comfortable with what they are investing is not good for the project to be successful and valuable
All LTC need is to create more awareness for them to get adoption. What I see about LTC is that it seems they are quite too stingy about their promotions, maybe they don’t want to spend money because I am basically not hearing much about them again, except this halving that people had already kept in their mind for a long period of time.


Everyone is hopeful that LTC will reward miners, and virtually has a very big positive effect on the value but till date, I have still not seen anything about LTC value that shows they are going on halving or shows that the halving activities will be favorable to them as we all think. Well, we should not keep all hope too much in getting any surprise from the halving of Litecoin, I belie there will still be not much difference.

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July 31, 2019, 05:17:47 PM
 #18

I believe that litecoin halving is going to create it bullish trend that may enable it to cross $200. Those thinking that litecoin is going to die because of halving has not been following events in crypto world. Some of us have been here for long terms and we can actually testify what happened to others coins why halving. The last litecoin halving bring significant increase in price and we are expecting the same thing to happen.
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July 31, 2019, 06:04:13 PM
 #19

 It seems that LTC has re-checked and many investors have bought Litecoin at high prices.
After this event, I saw the power of Bitcoin, it overshadowed the other great events that were about to take place.
Therefore, I think the price of Litecoin can only reach the highest of $ 100 in Q3.

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July 31, 2019, 06:33:21 PM
 #20

I think the real problem with Litecoin is that its fundamental value proposition has been completely eclipsed by better altcoins.
Charlie Lee always seemed content to market his project as primarily a cheaper payment method in comparison to Bitcoin...

It is unclear and highly doubtful that Litecoin can propose any other added value to the crypto space, and even as a cheaper form of payment, there are already various altcoins that accomplish this on top of offering many other functionalities and technological innovations...

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July 31, 2019, 09:49:21 PM
 #21

LTC increased until a few weeks ago, and going up was thought due to halving, but the decline of BTC has affected it recently too. Anyway, after that we may see a slight increase in price, but I believe there will be less increase after halving.
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July 31, 2019, 10:18:32 PM
 #22

There is only 4 days left until the LTC halving and it just does not look like she has what it takes to move up much. Its price movment has looked totally silent of any signals that it will move up much if anything at all. All eyes are on Bitcoin.


https://www.litecoinblockhalf.com
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August 01, 2019, 04:53:49 AM
 #23

There is only 4 days left until the LTC halving and it just does not look like she has what it takes to move up much. Its price movment has looked totally silent of any signals that it will move up much if anything at all. All eyes are on Bitcoin.


https://www.litecoinblockhalf.com
it looks like the speculation that has been made by chart has come true and the average transaction fees is increasing a lot. we will see the blockchain of litecoin will be very slow until next week.
The price is growing slowly and it doesn't need fast movement to the litecoin to growth.
The impact will take at least a quarter to happen.



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August 02, 2019, 08:48:37 PM
 #24

It seems that LTC has re-checked and many investors have bought Litecoin at high prices.
After this event, I saw the power of Bitcoin, it overshadowed the other great events that were about to take place.
Therefore, I think the price of Litecoin can only reach the highest of $ 100 in Q3.

Litecoin (LTC) will have its halving very soon. The mining rewards will be cut (in 2 times). After that, significantly fewer Litecoin tokens will enter the crypto market. Although cryptocurrencies can rise this week, a large increase might not happen due to price activity in the past six months, indicating that experienced traders predicted everything beforehand, and they were not expecting for something new.
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August 03, 2019, 01:53:25 AM
 #25

It is only 2 days away and no fireworks yet.


https://www.litecoinblockhalf.com/
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August 05, 2019, 02:49:29 AM
 #26

Seven and a half hours left until halving, and LTC is slipping heavily, currently at 0.0083 BTC.

You guys don't think that the halving will also drastically reduce hashrate as it becomes much less profitable to mine?
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August 05, 2019, 03:24:13 AM
 #27

I'm expecting it to pump before halving but I think it is impossible to happen now where it's only few hours away. Maybe the halving event would only reflect after some months after miner's adjusted. People's eyes is on bitcoin now as it begins to rally again above $11k.

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August 05, 2019, 03:38:57 AM
 #28

I don't know about a pump, it seems unlikely at this stage.  I think the pump happened in June, and after that it remains to be seem whether miners take the price up to make it profitable, or whether hashrate starts to fall...

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August 05, 2019, 11:20:08 AM
 #29

I don't know about a pump, it seems unlikely at this stage.  I think the pump happened in June, and after that it remains to be seem whether miners take the price up to make it profitable, or whether hashrate starts to fall...
It will not be easily reduced. When the market does not support Litecoin, businesses will have ways to make more investors buy LTC more.
because if the business gives its price less than $ 150, that means they don't want the miners to work either. therefore, business owners must be proactive in pushing prices. We should buy more now.
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August 05, 2019, 02:20:41 PM
 #30

Currently, the LTC has increased compared to July 25, so your judgment may not be right. I think that with Altcoin with large prices and lots of holders, it is always stable and challenging to make it fluctuate in a short time. I will still invest in LTC if it drops by 20% in a short time.
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August 05, 2019, 02:25:36 PM
 #31

It is only 2 days away and no fireworks yet.


https://www.litecoinblockhalf.com/
No firework yet, right, does Litecoin perform magic that I am not aware of? it will surprise a lot of people to see that halving will have no effect that much on it, for Litecoin value to be high, it is not halving that will perform the miracle or do the work, what will work more is the number of users that they have themselves, if they have lots of users, and those users continue to have things to do with their coin, then with or without halving, they will continue to grow.

I myself even indirectly see the halving as disadvantage to it, because it makes people to just not see the main benefit of Litecoin other than the hoping and expecting halving to do the miracle, anyway, anything can happen overnight, let us see what is going to happen to the vale after halving.

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August 05, 2019, 03:58:45 PM
 #32

Only 1,458 days until the next Litecoin halving event.  So much for the "reward".

https://www.litecoinblockhalf.com/
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August 05, 2019, 06:11:35 PM
 #33

Litecoin inflation rate per annum: 4.26%  is very close to 3.83% of Monero https://moneroinfo.herokuapp.com/ and 3.68% of Bitcoin.  But Monero one keep decreasing and Bitcoins will in a bit less then a year.
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August 05, 2019, 06:19:56 PM
 #34

I don't know about a pump, it seems unlikely at this stage.  I think the pump happened in June, and after that it remains to be seem whether miners take the price up to make it profitable, or whether hashrate starts to fall...
It will not be easily reduced. When the market does not support Litecoin, businesses will have ways to make more investors buy LTC more.
because if the business gives its price less than $ 150, that means they don't want the miners to work either. therefore, business owners must be proactive in pushing prices. We should buy more now.

What businesses are you talking about?  The market clearly shows what it thinks in the price. In my opinion, its not looking great for litecoin.

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August 06, 2019, 02:35:23 AM
 #35

The Litecoin halving event was a total flop.

PS, Litecoin is not really a "coin" anyways.  That says a lot doesn't it.
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August 06, 2019, 04:02:02 AM
 #36

The Litecoin halving event was a total flop.

PS, Litecoin is not really a "coin" anyways.  That says a lot doesn't it.


I view Litecoin as a live testnet for Bitcoin.

Apart from that, it really serves no purpose to exist.  Charlie Lee is such a flaky character too. Its a shame, he could easily have avoided all the publicity, but yet he chooses otherwise.
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August 06, 2019, 06:29:26 AM
 #37

when halving takes place, LTC has increased by more than 9%. But one sad thing is that many traders have sold out and made the price of LTC go down.
But I still believe that the miners will get the reward, the price will soon increase to $ 120.

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August 06, 2019, 06:47:52 AM
 #38

buy the rumors sell the news,
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
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August 06, 2019, 06:56:02 AM
 #39

when halving takes place, LTC has increased by more than 9%. But one sad thing is that many traders have sold out and made the price of LTC go down.
But I still believe that the miners will get the reward, the price will soon increase to $ 120.

bitcoin dominance going up and nearly hit 70%. Its mean many people keep on eye to bitcoin. Maybe this is another reason why holder sell LTC at the moment.

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August 06, 2019, 11:11:18 AM
 #40

Currently, I expect the price to first dump or correct due to the market condition of the sentiment of buying more of bitcoin than altcoins. Towards the end of the year, the price might double, I will do myself a good by trying to hold as my purchasing power entails.
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August 06, 2019, 08:24:25 PM
 #41

I view Litecoin as a live testnet for Bitcoin.

Apart from that, it really serves no purpose to exist.  Charlie Lee is such a flaky character too. Its a shame, he could easily have avoided all the publicity, but yet he chooses otherwise.
Nothing wrong in being a celebrity and Charlie Lee did reveal that he has sold all of his holdings in Litecoin when the market rallied last time, he started Litecoin by copying the source code of bitcoin and it was a fun project for him and he made his profits and he is happy with his creation, i am expecting the price to increase during the halving and the project is indeed like a testnet for bitcoin but some merchants and gambling sites are accepting Litecoin which gives them more valuation.
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August 06, 2019, 09:43:27 PM
 #42

I view Litecoin as a live testnet for Bitcoin.

Apart from that, it really serves no purpose to exist.  Charlie Lee is such a flaky character too. Its a shame, he could easily have avoided all the publicity, but yet he chooses otherwise.
Nothing wrong in being a celebrity and Charlie Lee did reveal that he has sold all of his holdings in Litecoin when the market rallied last time, he started Litecoin by copying the source code of bitcoin and it was a fun project for him and he made his profits and he is happy with his creation, i am expecting the price to increase during the halving and the project is indeed like a testnet for bitcoin but some merchants and gambling sites are accepting Litecoin which gives them more valuation.
What do you mean when you say "during the halving"?
In fact the halving has already been done https://www.litecoinblockhalf.com/
The next one is in 4 years, in august/summer 2023 so if you are waiting for a halving pump, I think it's too late now, it will not occur anymore... but a dip may occur... Be careful

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August 06, 2019, 11:26:12 PM
 #43

Currently, I expect the price to first dump or correct due to the market condition of the sentiment of buying more of bitcoin than altcoins. Towards the end of the year, the price might double, I will do myself a good by trying to hold as my purchasing power entails.
If you can make a wait before halving start again. But we really not sure of this halving that it will make a huge market jump or it will stay the same.
We know LTC isn't giving up even we have been experiencing market crisis and still been strong after all but never to expect that it will make another ATH this year rather than to stay at low.

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August 07, 2019, 05:40:16 AM
 #44

If we talk about what to expect from LTC halving, we want to see LTC price can back to the higher price and it is on the way to increase, but unfortunately, LTC needs to wait for more so the price can start increase. We need to wait and see when the price can increase and right now, we have more time to buy more LTC if we want. But don't forget that the increase in the price can happen at any time and we should prepare for the coming time, so we don't be late to sell the LTC.

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August 07, 2019, 06:06:56 AM
 #45

Its hard to say what will happen with the price. The halving effect might take days or weeks.

I would say if we were in a sideways market then most likely LTC would dump because the halving was nothing more than a "Buy the rumor, sell the news" kind of deal. And also the fact that everybody was assuming it would rally since less daily supply and since the retail traders think that it means the opposite will most likely happen.

However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.

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August 07, 2019, 01:28:41 PM
 #46

However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.
in fact it is the beginning of an increase in LTC. bitcoin rally is needed to strengthen the adoption of LTC, and when demand increases, the price of LTC will strengthen with reduced inventory due to halving. That won't happen instantly. the process is being done, we all have to be patient.

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August 07, 2019, 05:31:37 PM
 #47

However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.
in fact it is the beginning of an increase in LTC. bitcoin rally is needed to strengthen the adoption of LTC, and when demand increases, the price of LTC will strengthen with reduced inventory due to halving. That won't happen instantly. the process is being done, we all have to be patient.
As we can see it's the beginning of LTC dump. I saw the statistic that count of LTC miners didn't decrease after halving. It means that LTC leaves good for mine and hold. But for short speculation LTC is poor. Nothing interesting now
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August 07, 2019, 06:57:12 PM
 #48

buy the rumors sell the news,
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
What you said is really what is happening now. It is the reason why I completely depends on technical indicators whenever I have decided to invest into a coins! Litecoin halving has had it infect on the market before it  happens and since the day before yesterday we have been seeing it moving below $100. I was thinking that it should pump but it has remained within the prediction of the technical indicators.
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August 07, 2019, 07:00:58 PM
 #49

buy the rumors sell the news,
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
What you said is really what is happening now. It is the reason why I completely depends on technical indicators whenever I have decided to invest into a coins! Litecoin halving has had it infect on the market before it  happens and since the day before yesterday we have been seeing it moving below $100. I was thinking that it should pump but it has remained within the prediction of the technical indicators.


Halvings have fundamental influence on supply. They are not a rumor or news.  They will just help price of Litecoin to increase in future and also in recent past.
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August 07, 2019, 07:02:53 PM
 #50

However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.
in fact it is the beginning of an increase in LTC. bitcoin rally is needed to strengthen the adoption of LTC, and when demand increases, the price of LTC will strengthen with reduced inventory due to halving. That won't happen instantly. the process is being done, we all have to be patient.
As we can see it's the beginning of LTC dump. I saw the statistic that count of LTC miners didn't decrease after halving. It means that LTC leaves good for mine and hold. But for short speculation LTC is poor. Nothing interesting now

yes you're right, after a few months ago litecoin went up. normal if now prices start to fall. for now halving will not affect the price, so buying it won't be profitable for now either. but if you want for long-term investment is not a problem.

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August 07, 2019, 10:18:26 PM
 #51

buy the rumors sell the news,
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
You should consider how risky it was when planning on buying some altcoins when the price sharply drops it could not grow back the same as the last time you saw the price. But this coins is in the top market there's a huge chance that this will get back again but if it is in bullish you the chance that it would drop is small.

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August 08, 2019, 08:11:07 AM
 #52

If we talk about what to expect from LTC halving, we want to see LTC price can back to the higher price and it is on the way to increase, but unfortunately, LTC needs to wait for more so the price can start increase. We need to wait and see when the price can increase and right now, we have more time to buy more LTC if we want. But don't forget that the increase in the price can happen at any time and we should prepare for the coming time, so we don't be late to sell the LTC.
I bought LTC at $ 101 on the 6th and now the price has dropped to $ 90. Should I buy more or just hold and wait for its price to increase?
I lost more than 10% and now I'm quite confused. Please give me some advice, thank you.
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August 08, 2019, 06:55:37 PM
 #53

if seen as litecoin trends currently showing down. it seems that people still don't want to buy after halving. maybe this is the result of current market trials so people are not in a hurry to buy. even so for the long term, I think litecoin will eventually go up. so we'll just wait for what the future looks like.
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August 08, 2019, 07:00:19 PM
 #54

If we talk about what to expect from LTC halving, we want to see LTC price can back to the higher price and it is on the way to increase, but unfortunately, LTC needs to wait for more so the price can start increase. We need to wait and see when the price can increase and right now, we have more time to buy more LTC if we want. But don't forget that the increase in the price can happen at any time and we should prepare for the coming time, so we don't be late to sell the LTC.
I bought LTC at $ 101 on the 6th and now the price has dropped to $ 90. Should I buy more or just hold and wait for its price to increase?
I lost more than 10% and now I'm quite confused. Please give me some advice, thank you.

I suggest to sell it now. Litecoin prices have dropped to $88, if you still hold it longer than this maybe you will experience a big loss later. wait until the price falls deeper, then you can buy back. That's if you're still interested in holding ltc for the long term.

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August 08, 2019, 07:07:40 PM
 #55

Its hard to say what will happen with the price. The halving effect might take days or weeks.
I hardly agree with this line which theres no specific time on when the price would react on such halving event.People do usually expect for its price to boom up
a few hours before or even a few hours after such halving just like what happened on that BTC scenario but now it shows that not all halving will cause such hype for price increase.We wont know if this would go up or just moving on sideways.

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August 11, 2019, 01:35:15 AM
 #56

Quote
Nothing major is going to happen after the halving, neither price nor hash rate will be affected by much.

Many people thought that my prediction was stupid , I want everyone who thought so to come forward and explain to me what were they thinking?

LTC price did drop a few dollars/sats just like any other alt coin , price would have gone up if the overall crypto market did so, so in other words,the halving had almost zero impact on price.

and this will always be case, in fact the further we go from here the less the impact, simply because by the time the next halving happens , the supply would have been a lot more than the current supply which will make the supply drop almost unnoticeable.

I know many people did FOMO and thought price will go the moon after the halving, the purpose of this thread was to educate you on the very likely possible outcome, those who learned something , good for them, those who ignored the message, I hope they get it better next time around.

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August 11, 2019, 11:00:56 AM
 #57

I agree with you, honestly I don't think anything will change much after the halving
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August 11, 2019, 01:49:00 PM
 #58

Absolute nothing happened  Grin

I bought some LTC when the price was 80 and I wait for some prices between 130 to 150 USD, but nothing...

I'm still holding and LTC should be fine when BTC starts to rise again, but this was a surprise for me

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August 11, 2019, 02:27:59 PM
 #59

Absolute nothing happened  Grin

I bought some LTC when the price was 80 and I wait for some prices between 130 to 150 USD, but nothing...

I'm still holding and LTC should be fine when BTC starts to rise again, but this was a surprise for me

Usually when LTC is halving the price, nothing will happen but it is likely that in 1-2 months LTC will be up high because mining reduced reward.

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August 13, 2019, 03:29:15 PM
 #60

maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
Hope you are not aware that halving in litecoin already happened on August 5 Tongue. I was anticipating some market movement when i saw the trading volume going high before halving and i expected the market to rise but then it died down eventually, the general market sentiments was not that great during the halving and we might see some movement when the alt coin market rises other than that i do not see any individual rise.
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August 13, 2019, 03:58:34 PM
 #61

maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
Previous events are not like that. therefore many people expect an increase in the halving effect to occur soon. now we can see if the effects of the update don't always work quickly. this may indeed require a long process. we have to see how there is a next update that makes LTC adoption increasing. after that happens, surely the price will increase quickly.

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August 14, 2019, 11:13:33 AM
 #62

maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
Previous events are not like that. therefore many people expect an increase in the halving effect to occur soon. now we can see if the effects of the update don't always work quickly. this may indeed require a long process. we have to see how there is a next update that makes LTC adoption increasing. after that happens, surely the price will increase quickly.

    Supply is down, in future there will be more halving, supply will be even lower than it`s now. Effects on price will happen, in one point. Now we need
to wait for price rise and to hope that demand will be higher than it`s now. With lower supply and higher demand price will rise, it one of the laws in
economy.
    Expect the worst, hope for the best. One of the slogans I learned in dealing with crypto-currencies.



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August 14, 2019, 11:42:26 AM
 #63

Currently I still see the price of LTC being declining and investors are selling it day by day.
it is certainly a bad signal and I think halving events no longer have a big impact on investors.
they have focused on Bitcoin prices instead of Halving, Hardfork events. This is so weird Huh

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August 14, 2019, 12:24:10 PM
 #64

maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
too long, if you have to wait 1 year, a few days ago halving has occurred and now the effect has begun to be felt. although the price of bitcoin is falling, it's not Litecoin.

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August 14, 2019, 02:21:16 PM
 #65

as it turns out, nothing happen to litecoin price during halving event https://www.coingecko.com/en/coins/litecoin
not sure what we can expect for bitcoin when it halves next year
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August 14, 2019, 03:09:33 PM
 #66

maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong

Dream on my friend,,, Litecoin halving event is totally and completely priced in. I will agree that now is the right time to buy it because this weak affair of price will not stay long since it is to me a complete anomaly, same as Bitcoin. LTC will have its day again in the light for sure,,, only the patient will see that day!

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August 14, 2019, 04:46:15 PM
 #67

every halfing is happen the price is always grow up and it is so good time to sell.
look how LTC is grow so fast when it got some halfing.
i believe in 2020 when BTC is halfing, it will be a masterpice of cryptocurrency.
i believe with that.
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August 15, 2019, 01:30:54 AM
 #68

Currently I still see the price of LTC being declining and investors are selling it day by day.
it is certainly a bad signal and I think halving events no longer have a big impact on investors.
they have focused on Bitcoin prices instead of Halving, Hardfork events. This is so weird Huh

LTC is just a normal altcoin and after having earned a good profit, investors will tend to sell more than buy. I think this market should not trust anything because every good news is always risky and if you buy at the time of the price increase, you will easily get into the trap. I personally invest when the market starts to fall because it is a good time for you to buy a lot of cheap coins.

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August 15, 2019, 01:18:42 PM
 #69

every halfing is happen the price is always grow up and it is so good time to sell.
look how LTC is grow so fast when it got some halfing.
i believe in 2020 when BTC is halfing, it will be a masterpice of cryptocurrency.
i believe with that.

https://bitinfocharts.com/comparison/litecoin-hashrate.html#3m

What happened was that hash rate decreased for 20%.  Miners got half less coins so some of them stopped mining.  Halving can influence on two way, not just a price increase.
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August 15, 2019, 04:00:35 PM
 #70

maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
too long, if you have to wait 1 year, a few days ago halving has occurred and now the effect has begun to be felt. although the price of bitcoin is falling, it's not Litecoin.
Would you like to show me that effect that you mentioned here because I think Litecoin value has still not moved that much after the halving, though I am still trying to give it a month time frame before I can really conclude if the halving had any effect on it or not.

For bitcoin that was going down when you posted here, it was just still the normal correction and I am sure that it is just prepping itself for a great surge, so we are here to see what is going to happen, but for Litecoin, I am not even hoping on the halving to do something much, but I am hoping on altcoins bull run, what I am watching bitcoin ot for now, is to know when it starts to consolidate, so we can have some top altcoins that we have invested in start growing too in value.
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August 15, 2019, 04:27:38 PM
 #71

There is no news about the Litecoin halving or the fork of the blockchain officially. Earlier for ETH blockchain fork was came out but later it was proved fake news. So, do not drive for the fake demand of the Litecoin which may lead to unnecessary price increase. So, follows the natural pattern of the price movement.
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August 15, 2019, 06:57:10 PM
 #72

There is no news about the Litecoin halving or the fork of the blockchain officially. Earlier for ETH blockchain fork was came out but later it was proved fake news. So, do not drive for the fake demand of the Litecoin which may lead to unnecessary price increase. So, follows the natural pattern of the price movement.
on the official site LTC , does Havling?, you can listen to it at https://litecoin.com/en/news/litecoins-second-halving-is-now-less-than-one-month-away  even the famous crypto news site also posts news, please check at https://www.coingecko.com/id/explain/litecoin_halving

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August 15, 2019, 07:40:09 PM
 #73

maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong

Maybe, or maybe not. We have just speculations about future price of litcoin. Fact is that halving cut reward for miners, with lower supply they will be in problem if price don`t rise. Probably in next months we will see some pools quitting litecoin mining, same thing Charlie Lee said in one of his tweets. It will take time for network to stabilize, and only after that price of litecoin will rise again, that will happen in the next period, that period can last months or entire year, but price will start to rise again. I think litecoin is worth to be waited, and I will wait for that.

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