Topic: EXPECTIONS FROM LITECOIN HALVING (Read 172 times)

As I've said before, there's isn't enough momentum to keep LTC's market prices afloat for a long time. The halving hype was short-lived because LTC's lack of development and innovation. It may have added the "Mimblewimble" privacy technique to distinguish itself from Bitcoin, but that's simply not enough to attract serious investors into it. Maybe adding a smart contracts sidechain will help?

At least, not all hope is lost. LTC has a lot of trading pairs, compared to newly-fond cryptocurrencies on the market. Not only that, but the Blockchain network is alive and healthy as ever. That's a sign LTC won't be going anywhere soon. Who knows if it outlives many of the altcoins we know and love today? Just my opinion

I expect LTC will tap $1300 a coin sometime in the next 3 to 4 years.

Price even slumped immediately after the halving. That's very disappointing to say the least. All the hype round it, mistakenly so, as many analysts drew their conclusion that there would be a spike from what past Bitcoin halving has been able to do for the market and expected that Litecoin would do same. Sadly, LTC fell short of expectations and now investors will have to wait longer than they though to take out any gains.

Well, nothing will happen before Bitcoin halving, like many times before... history repeats itself, or at least most of us believe it will repeat itself once again. I don't expect to see any significant changes in the near future. I guess we need to be patient for now, only after Bitcoin halving we will see some big changes when the crypto market enters a bullish period, and Litecoin will probably follow that uptrend.

It happened on the 2nd of August.
I just looked at Coingecko if there's any effect on it's price, but it seems like there wasn't any at all, and in fact it continues to decline like what other coins are doing right now.

It seems like in terms of news that's related to halving, only Bitcoin has an effect on it's price. Ohhh wait, Bitcoin's price a few days after the halving have little to no effect as well, and we will only see an increase price a few months after. Is there a chance that it might happen to Litecoin as well? Maybe there will be some investors who will think of the same with Bitcoin thus, they might buy Litecoin a few months after the halving.

I know that the popularity of Litecoin has declined significantly because of the lack of developments on the project, but I think it's still one of the best coins out there, and it has been in the top for a very long time though it's ranking in Coingecko, and Coinmarketcap is going down. Overall, I see Litecoin still as a good project, and still hoping for some developments towards the project, but even though I'm still a bit optimistic about the project, I will not hold any of it for mid to long term. Anyway, price of Litecoin will increase in the bull run like what other coins are doing, so maybe it's a good coin to hold, and sell during the bull run.

Nothing happened after block halving. The price of litecoin keeps slumped. https://watcher.guru/news/litecoin-halving-countdown-ltc-sees-last-minute-slump-in-value

As you can see that through weekly chart if the hype for the halving already gone. The price of litecoin be be going down even deeper than before the halving happened. It's time for people to leave from this coin and move to the a better coin.
People expected a big pump from litecoin halving but it's not even happening right now.

Litecoin halving will never give impact to the market.

we will see it happen if the ltc dev team will also give us a hint that they are doing something for this old alt. we can't expect traders to be active on this if they know there's nothing happening on this network. its existence in the market will be here but we can't speculate about the extent of its popularity among traders

Really, yes, every CEX that I have known and used, listed LTC as a trading pair. In the past, there was an exchange I bought some Altcoins from, and after a few weeks I was just able to get the little profit I expected, so I sold the coin and tried to withdraw in USDT, but the transaction fee was about $5, so I just abandoned it there for some days. It was when I complained to my boss that he asked me to trade the USD to LTC and withdraw in LTC, which I did before I could withdraw my funds in LTC with as low as $0.5 of fee, and the transaction was even fast.

I expect it to do well enough, not insanely well, but well enough. I think it will also take some time as well. We are going to see the price reach to about 150 to 200 dollar levels at the start of 2024 year, and by 2025 we are going to probably see it reach to over 500, near 700 levels as well.

Many people think that won2t happen but the reality is that we are going to see it happen one way or another. It is not going to be that easy and we will see it happen for sure. We just need some time for that to happen and it will take a bit of patience to see that. I hope that people can see this fact and they do not end up with anything that is crazy and it will not make them sell, because it is not suppose to go up now, it is going to go up later.

As I predicted before, either Litecoin is halving or not, the price will not increase.

Some users said Litecoin price will increase after the next few months or even in the next year, well you're not talk about the effect about Litecoin's halving, but that's time Bitcoin will halving. After all Bitcoin halving will affect most of altcoins price including Litecoin.

Yes, and again, even if Litecoin is like the small brother to Bitcoin, we can't really compare the two in terms of price action and support or consensus specially from this community alone.

We have seen that most members here are into Bitcoin, and as much as we want to put Litecoin into the top of altcoin as it is being used as sort of testing for Bitcoin like halving, it won't take ground and support is not going to be big. So maybe with the Litecoin's halving, it will have a good price, however, the real bull run will occur after the Bitcoin halving as it is the catalyst, and Litecoin halving has nothing to do with altcoin market.

Now we all witness how the Bitcoin block halving for the entire market, and even though there are some altcoins that behave like Bitcoin, they will not achieve the expected price action just like what Bitcoin is doing on every block halving.
So for me, I am more excited on the Bitcoin block halving because even block halving of Litecoin is already done, you will see price will be also affected once Bitcoin starts to rise.

In the past, Litecoin price rose a lot with its halvings but it's like Bitcoin halvings and price, we don't know when price will go up because of halving effects.

I expect Litecoin to rise more than $200 with its halving effects and with bigger effects from Bitcoin halving and bull run in 2024 year.

Litecoin is a good altcoin for investment and with its halving, I believe effects on price will be shown later. Invest in Litecoin and wait for halving effects to be reflected on price a few months later is very good choice. Especially if we take into account a possibility that the bear market is going to complete soon in coming months and a new big bull run will start soon.

Nothing expected with Litecoin halving, price drop drastically before halving time raise above $114 and current price right now drop to $83, I don't think with Litecoin bring positive side with halving like Bitcoin can make new all time high price. Not impact yet with Litecoin halving because can give positive side how to make Litecoin raise to higher price or move up above $200. But have rumor, usually Litecoin price impact up drastically after one or two months later from halving time.

Need more patience waiting one month later, will Litecoin have positive impact after halving or still going drop because have been long term holding with Litecoin since price above $200.

Nothing to be expected from litecoin halving. Guess if you have been motivated from bitcoin halving and that's why you saw that if litecoin halving gonna be huge like bitcoin halving while the fact that if this coin will give nothing other than a slightly increase.

Im never expect this coin to perform even better after the halving already done. It will always remain stable at this moment caused by the key was on bitcoin and not litecoin.
It doesn't even matter how many times litecoin will be doing halving and it will never give significant impact to the price of coin. Your expectation is very high for litecoin. My guess if you are litecoin holder.

Never try to put big expectation for your coin. Litecoin halving meant nothing for the crypto market. You shall not be over hyped for litecoin halving.

this is true, i wouldn't expect so much from litecoin halving, since i think even with the halving news litecoin will sometime just stuck, not gonna go up its just entirely different thing if compared with bitcoin halving, the thing with bitcoin halving is that it greatly motivates buying pressure as you said because the coin itself quite literally influences other coin market movements thats why its such a big deal.
i wouldn't say the same thing in regard of litecoin because I think the era of this coin has gone quite frankly speaking, better invest in other coins i guess.

Litecoin definitely has some good side to it. But the project don't have much development going for it. According to the official Litecoin repository ¹. the last update to core functionalities of the network were made years ago. Litecoin was a big deal back in it's early years but majority of the people that pushed it's narrative like Lee who was the founder sold off their bags. Right now, it's just "there". I had expected the price to make some positive moves but turns out, no one is feeling litecoin right now or maybe all preparations are geared for Bitcoin's halving event instead.

[1] https://github.com/litecoin-project/litecoin

This is not a Bitcoin halving anyway so expect less in the short term but if you’re a long term hodler, then this halving can be a big update for you. I also have LTC in preparation for the next bull run, actually many investors are looking forward to the bull market and not just on the halving, better to think for long term effect of this one and expect nothing for this year.

The market is still on a sideways trend so we might not see any bit impact of this halving.
Though many are already holding LTC for the purpose of halving but I think just like the previous halving, there will be no significant effect during the halving but expect to see a big change after that especially if we are going to enter bull market.

From the looks of it, it seems that LTC holders are just silently holding their coins.
There's not too much fuss about this halving, but there may be good developments on this old alt.
What I like about this old coin is that you can basically find this in any trading platform and with cheap tx fees.
But we haven't heard much about the progress on what's new with this project, hence, not so much talk about this.