Countdown to Litecoin Block Reward Halving

[manfred]

If you a trader which one makes you money?

or another view

[coins101]

The halving is too closely related to the China financial crash to be coincidental.

I am sorry are you saying that Charlie Lee knew all CHinese financial crashes and decided to have Litecoin halve around those specified dates? This makes no sense.

No, I'm saying no such thing. That would be stupid.

Obviously, Litecoin halving has scared the markets and caused the crash.

Its not complicated people. Honestly 

[r4vani]

[NorrisK]

The same goes for all the other so called innovative coins... Mostly they ate just gimmicks to lure people in with poor implementation or yet to be released features..

[shanem]

It seems that Litecoin block reward halving comes together with the Litecoin price halving.
Litecoin keeps dropping when future supply is much lesser.

[manfred]

Gold and Silver have been valuable for thousands of years, where is the "innovation"?
In fact the reason PM have been valuable for so long is the fact They cant be doctored with.
XT does a lot of damage to crypto.

[koryu]

I am more curious to see what will happen to the hashrate than to the price.

How much will the hashrate drop? And to which crypto it will move?

[tiggytomb]

Oh dear, I thought it would be on the up in the opposite direction, hmmm

[Liquid71]

It seems that Litecoin block reward halving comes together with the Litecoin price halving.
Litecoin keeps dropping when future supply is much lesser.

New supply is "much lesser", but overall supply is growing every block. People were talking about the block halving in January, think about all the newly minted LTC since Jan.

Halving doesn't equal lower supply. However it will be interesting to see what happens to the mining hashrate with lower rewards at these prices. Halving for LTC had really bad timing.

[dodgecharger]

Neither of us can prove anything but i STRONGLY suspect LTC is rising because its halving is so close. Diminished supply = Increased price. It's simple economics.

[Liquid71]

Neither of us can prove anything but i STRONGLY suspect LTC is rising because its halving is so close. Diminished supply = Increased price. It's simple economics.

The supply isn't shrinking, and all the coins mined still exist. Only thing that diminished is the NEW supply. And simple economics is supply and demand, there needs to be demand for LTC for the price to rise.

I don't know what will happen,but the halving alone isn't going to be enough to drive litcoin prices there needs to be demand.  hopefully demand for all cryptos increases but for that we need more people to use crypto everyday for more than mining and trading.

[bitsire]

Oh dear, I thought it would be on the up in the opposite direction, hmmm

Same here, but I'm willing to give it some time to see how things play out.

[sana6801]

Obviously, Litecoin halving has scared the markets and caused the crash.
Its not complicated people. Honestly  

I don't agree! Normally the diminished supply will drive up the price! But IMO financial market and Bitcoin  crash may cause people panic selling! I know the true investors may look it as a good opportunity to buy up them!

[erre]

Like now, I'm halving my money 

[koryu]

The hashrate is going down as expected, -10% already.

[pabloangello]

The hashrate is going down as expected, -10% already.

Less mining for instant-sell purpose means less sell pressure from miners, am I right?

[koryu]

The hashrate is going down as expected, -10% already.

Less mining for instant-sell purpose means less sell pressure from miners, am I right?

sell pressure from mining is at least halved anyway.    interesting will be the change in hash rate distribution  https://www.litecoinpool.org/pools

[Marvell1]

The hashrate is going down as expected, -10% already.

Less mining for instant-sell purpose means less sell pressure from miners, am I right?

sell pressure from mining is at least halved anyway.    interesting will be the change in hash rate distribution  https://www.litecoinpool.org/pools

I expect the price to go up just enough to support 35gh or so so i'm thinking $4/ltc   all the older hardware like Zeus , Gridseed are bascially dead.  A2 and Alchemist hanging by a thread.

[casperBGD]

it is new halving now, four years ago it was expected that halving will bring price to 4USD, now 100USD hurdle shall be jumped over with this halving, it is expected in 13 hours and we will see will that happen

BTC will halve in almost a year, 287 days is estimation to be precise, and these ten months should bring bull market, what do you think

[joe50]

i wish we could go back to previous when some coins were very cheap