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Question: How does the Litecoin price get affected by Litecoin halving?
LTC price increases - 12 (80%)
LTC price decreases - 3 (20%)
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Author Topic: How Litecon Halving will impact the price of Litecoin?  (Read 242 times)
Ana_crypto (OP)
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August 01, 2019, 04:32:48 AM
 #1

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.
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August 01, 2019, 04:37:57 AM
 #2

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.
if you know what halving is all about you should know that litecoin will surely increase in value but im not sure if the value increase will be for short term or long term,thats something we all have to wait for and see how things play out.

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August 01, 2019, 04:48:30 AM
 #3

Halving already shows its impacts on Litecoin price, in both LTC/BTC and LTC/USDT pairs. Now, let's take a look at two charts below.
     
You can easily see the facts that:
- In LTC/USDT pair: Litecoin rose from around $25 to about $140, then fell back and stood at $97 for today. I don't think it is a small increase from Litecoin.
- Next, in LTC/BTC paird: Litecoin rose from around 0.005 BTC to nearly 0.019 BTC, before decreased and stood at 0.0097 BTC, for now. Once again, I don't call it is small increase from its bottom.

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August 01, 2019, 06:32:33 AM
 #4

More miners will be going out, average tx fees increase, send litecoin takes more time to be validated or confirmed by the block and less litecoin will be distributed in the market.
This cycle will lead to the people think about to buy more and more litecoin consider only a few days before halving the time.
the last halving of litecoin had brought the price of litecoin goes more than a hundred percents and it was going to drop again but it was creating another high bottom value. A similar pattern will happen again.

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August 01, 2019, 06:47:01 AM
 #5

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.

I'm sure halving will have an impact, even though it's not big but we can already see the market price has gone up. and this could continue until halving is finished later. if you want to buy maybe now is the right time to buy.

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August 01, 2019, 06:59:26 AM
 #6

In general whenever Halving happens the price of the coin pumps up if we check the TA of LTC during last halving the price skyrocketed by over 500% 48 days after the halving.

Hoping to see the same kind of market changes this halving as well.

Quote
As we know, a decrease in supply leads to high price, hence many investors will price in the block reward event predicting that its supply might fall in the future. Some miners might exit the market when they realise their computing power can’t compete with others. When they exit, the difficulty decreases and price tends to decline.

Source: https://coinswitch.co/news/litecoin-halving-2019-countdown-know-everything-about-upcoming-ltc-halving

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August 01, 2019, 07:26:15 AM
 #7

increases or decreases that's up to the market to judge. There's plenty of coins out there that had halvening but still being dumped anyway. However this halving will create some kind of thoughts on so many people that Litecoin will become scarce due to the decreasing of block rewards.
But still, that doesn't necessarily guarantee the increase of price. If the coin has no demand then the halvening is as good as nothing.

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August 01, 2019, 07:28:59 AM
 #8

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.
I think Litecoin will no longer increase strongly in the coming days. Because of the price hike because halving only happened 2 months ago and at the close of the event, the price will be reduced because many investors sell off to make a profit.
Therefore, we should wait and not buy more litecoin now.

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August 01, 2019, 08:31:46 AM
 #9

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.

I think we have all seen the halving impact happen ALREADY,,, especially when we see how price moved so far up beyond $100,,, for me it is very difficult in the current market to see it growing even more just because of halving that happened AFTER people expected.

But like others say,,, it usually goes several times up a few months after halving, so maybe we see another ATH but ONLY if BTC also moves up aggressively.

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August 01, 2019, 08:36:40 AM
 #10

I think we have all seen the halving impact happen ALREADY,,, especially when we see how price moved so far up beyond $100,,, for me it is very difficult in the current market to see it growing even more just because of halving that happened AFTER people expected.

But like others say,,, it usually goes several times up a few months after halving, so maybe we see another ATH but ONLY if BTC also moves up aggressively.
This is what I pointed out above. Over-optimistic and over-expected on Litecoin halving on its price might cause unexpected loss if Litecoin won't rocket, that I believe it will.  Halving should help price increase two times, but what we saw is Litecoin already increased its price nearly four times from its bottom (or around five times at its recent peak, weeks ago).

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August 01, 2019, 03:22:32 PM
 #11

Price is already baked in. I expect a dump, though I'd be quite happy to be wrong.
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August 01, 2019, 05:42:22 PM
 #12

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.
According to BTC prices, after each halving event (2012, 2016), then 1 year later, the price of BTC will increase very strong. So I think the price of LTC will grow in 2020 after the upcoming halving event this month.
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August 01, 2019, 06:09:21 PM
 #13

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.

I hope the price, if it doesn’t grow, will at least be fixed at $ 90.
This will reinforce confidence in investors' coin, which will lead to possible growth in the future.
And if the coin starts to fall, then there is a chance to drop the coin to $ 30, which will drive the coin for many years into the bear market.
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August 02, 2019, 11:34:03 AM
 #14

increases or decreases that's up to the market to judge. There's plenty of coins out there that had halvening but still being dumped anyway. However this halving will create some kind of thoughts on so many people that Litecoin will become scarce due to the decreasing of block rewards.
But still, that doesn't necessarily guarantee the increase of price. If the coin has no demand then the halvening is as good as nothing.

Well, it's true because every halving will produce a reaction to sell on news to someone's mind. But from what I analyze the price of Litecoin will rise at halving this time. If we return to Litecoin's first halving in August 2016, we will be presented with a graph of litecoin increase for the past 3 months before halving plus then bitcoin also increases.

So I think litecoin this time will increase because the price of litecoin is also influenced by the price of bitcoin, and currently the bitcoin is in a bullish phase not quickly.

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August 02, 2019, 03:11:27 PM
 #15

reward per block will decrease after halving. so that means that coins circulating in the market will also decrease. if demand is still the same as before halving, there will be a price increase. regardless of the current market situation halving could make LTC prices go up.

so just pray after halving later people are still interested in holding Litecoin.

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August 02, 2019, 03:35:35 PM
 #16

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.
if you know what halving is all about you should know that litecoin will surely increase in value but im not sure if the value increase will be for short term or long term,thats something we all have to wait for and see how things play out.

Right now there's not much improvement on the price
$97.46 USD (-0.16%)  This halving is important we'll know if still get competitive in the market, there's so much hype on the halving but investors are not yet on a buying spree.

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August 02, 2019, 07:25:38 PM
 #17

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.
If you have used Litecoin if recent, you will notice that the transaction fee is already getting high, which means that there are lots of people performing transactions in Litecoin market already, and it was not like this prior to the halving. So, I believe that this is as a result of the fast approaching Litecoin halving and I also believe that this will surely have very positive impact on the value of Litecoin for the main time.

I am quite afraid that Litecoin is heading for a major dumping that is possibly going to make the value even drop lower than this after the halving because many people will be taking their reward and also exchanging their Litecoin into fiat to take the profit that came with the halving, so the increase will not be so long before it has it negative side too.

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August 02, 2019, 11:30:17 PM
 #18

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.
If halving, the price surely will increase because half reward and people dont want to sell low, but this is need time untill the price becomes so high, maybe over 5 months just my prediction. because in the market still so many people sell their litecoin will low price
The price of litecoin will increase but you shouldn't expect much increase in the price of the coin because most all altcoin supporter now focus on bitcoin and majority of crypto traders/investors are yet to totally trust much in the coin ever since till creator dumped all his holding.
Note: it surge in price will be determine by bitcoin price trend.

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August 02, 2019, 11:44:13 PM
 #19

Hey guys, countdown as started for Litecoin halving which is scheduled on August 6th, 2019. What do you think? Will this halving will impact on Litecoin price? Will the price of Litecoin decreases or increases? Please share your opinion on this.
Buy the rumours and sell the news  Wink
After halving the prices will go back if any news pre-pump price movement stimulates the news traders.  The impact will surely be positive but it will not live long from my experience. In my scenario, the price of Litecoin can increase by more than 10% in an hour.
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August 03, 2019, 01:09:19 AM
 #20

In my scenario, the price of Litecoin can increase by more than 10% in an hour.

Maybe it happen, if bitcoin doesn't dump. I don't think if halving will up ltc price if bitcoin unstable.

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