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Topic: Litecoin halving and BTC price (Read 3434 times)

legendary
Activity: 918
Merit: 1000
September 29, 2015, 03:40:21 PM
#32
My statements:

If the stored number of coin is more then the 2 times of the daily average, the halving of the supply do not have a solid affect.

If the stored number of coin is less then double of the daily average volume the halving has a positive affect.

If the stored coin is >2 times of average daily volume there will be a time interval before the sharp move.Sharp move can be to the both sides, RELATED to the diffuculty.

After the halving volatility will decrease.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 22, 2015, 05:54:04 PM
#31
It goes to show that a halving on its own is pretty much irrelevant. If the demand is there then it does count. If it ain't then it's not going to have much or any effect on things.
legendary
Activity: 918
Merit: 1000
September 22, 2015, 01:35:30 PM
#30
The supply is halved however the demand is almost one forth of the last year's demand.Still according to the chart the price may increase.

Would I invest to LTC only the chart is profit promissing without any fundamental motivation? NO.
legendary
Activity: 1218
Merit: 1000
August 22, 2015, 11:51:53 AM
#29
well the litecoin prices are going down slowly so markets might not have that much of a reaction at all to the halving lol Cheesy
sr. member
Activity: 252
Merit: 250
August 21, 2015, 10:13:32 PM
#28
Less than 4 days until halving. 

http://www.litecoinblockhalf.com/
sr. member
Activity: 244
Merit: 250
August 19, 2015, 02:26:52 PM
#27
I bout .5 Btc worth of Ltc a while back. Think Ltc was worth .95$ or so. Cashed out today. Almost 4x profit and uncertain about halving price movement.
sr. member
Activity: 252
Merit: 250
August 19, 2015, 01:27:06 PM
#26
Halving in about 6 days people so about 5pm eastern on Tuesday I believe.

I don't think there will be any immediate fireworks, but I did trade in one of my BTC for about 67 LTC a couple weeks ago. I want to be exposed b/c I think the risk is to the upside after the halving. Plus BTC halving price fluctuations will likely drag LTC around with it so if BTC halving causes a spike I'd like to own some as well.


Basically, I bought LTC for the fun of it and view it as a leveraged BTC without interest. Although I plan on exchanging it back to BTC at some point.
legendary
Activity: 1120
Merit: 1000
https://cryptoworld.io
August 19, 2015, 11:16:40 AM
#25
I can't any correlation between  Litecoin halving and  Bitcoin price

apart from those speculating for profit.........or loss Grin

Me either, and I don't think ther'll be much price movement.
legendary
Activity: 1120
Merit: 1000
August 18, 2015, 01:11:49 PM
#24
No effect.

LTC will be dumped after the halving and people will put their money elsewhere, but I think most of them will just move to another altcoin, so I think no effect for BTC
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
August 18, 2015, 10:57:23 AM
#23
Its market is too weird to predict. It straddles the line between outright pump and dumpage yet it also has long term holders, it's mined widely, is on a ton of exchanges and China loves it too. I think it's a bit of a law unto itself.

Bingo! Fundamentally LTC ain't exciting, but the market's like it and for the moment that's enough until either something happens to prove it's value, or the penny drops and the arse falls out of it. Until then, it's a source of volatility and traders will like it for that alone.
hero member
Activity: 722
Merit: 500
August 18, 2015, 10:27:12 AM
#22
I can't any correlation between  Litecoin halving and  Bitcoin price

apart from those speculating for profit.........or loss Grin
sr. member
Activity: 490
Merit: 250
August 18, 2015, 07:31:28 AM
#21
With Litecoin halving due on Aug. 25th, what would be the impact on the BTC price?
It would be interesting to see how things advance for litecoin after the halving. I don't think though that the bitcoin price will be affected by it.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
August 18, 2015, 06:28:42 AM
#20
Are the miners selling all of their LTC to pay for electricity? I thought POS was supposed to solve that.

If they aren't then the inflation rate does not affect it as much as with Bitcoin's PoW.
sr. member
Activity: 378
Merit: 250
August 18, 2015, 06:23:54 AM
#19
I don't think litecoin is a player anymore.
I can imagine a small amount of btc being sold for ltc quickly before the halving.
Maybe people sometimes forget those halvings are accounted for in the value long before it actually happens.

I dont either.  I bought into the hype that it was the next best thing as btc, (at $40/ltc).  Now i've smartened up and stay away from any and ALL alt-coins.  I mean if btc is havig a hard enough time gaining usership, then why would anyone start taking these alts?

That's a very good point. When's the next halving anyways?
hero member
Activity: 560
Merit: 500
August 18, 2015, 06:21:49 AM
#18
Dogecoin halving had no effect on prices. And this happened when Dogecoin was .. doing better...
I don't expect anything to happen with Litecoin, though, it's a good moment for a pump-and-dump...

Isn't that about all crypto is good for these days?

People fully expect pumps & dumps, then come defend btc as a "real" currency
legendary
Activity: 3668
Merit: 6382
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August 18, 2015, 05:45:36 AM
#17
Dogecoin halving had no effect on prices. And this happened when Dogecoin was .. doing better...
I don't expect anything to happen with Litecoin, though, it's a good moment for a pump-and-dump...
hero member
Activity: 560
Merit: 500
August 18, 2015, 05:29:31 AM
#16
I don't think litecoin is a player anymore.
I can imagine a small amount of btc being sold for ltc quickly before the halving.
Maybe people sometimes forget those halvings are accounted for in the value long before it actually happens.

I dont either.  I bought into the hype that it was the next best thing as btc, (at $40/ltc).  Now i've smartened up and stay away from any and ALL alt-coins.  I mean if btc is havig a hard enough time gaining usership, then why would anyone start taking these alts?
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
August 16, 2015, 06:17:37 PM
#15
Its market is too weird to predict. It straddles the line between outright pump and dumpage yet it also has long term holders, it's mined widely, is on a ton of exchanges and China loves it too. I think it's a bit of a law unto itself.
hero member
Activity: 898
Merit: 1000
August 16, 2015, 05:38:14 PM
#14
I think LTC might get dumped immediately after the halving but then get bought up aggresively and we see a rally. I don't know if there will be much affect on BTC price.
sr. member
Activity: 364
Merit: 250
August 16, 2015, 05:04:55 PM
#13
I believe that it will have nearly zero impact as it is not used really widely though we can see a small increase in price as people will start buying lite coins for bitcoins
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