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Topic: Litecoin halving is near, will the price increase after halving? - page 2. (Read 3199 times)

hero member
Activity: 672
Merit: 500
the price will be the half  Grin

just joking i hold LTC too
member
Activity: 84
Merit: 10
Yes of course the price will rise near halving and not because of the halving but because of the whales controling the market.
legendary
Activity: 1022
Merit: 1000
Hi. Stinking newbie user here!  Grin

As the title says, with the Litecoin halving time nearing, do you think its price will increase after halving? If yes, how much and also please explain your yes/no answers a bit.

Thanks.  Grin

If it follows the pattern of many other coins I've seen the price will rise UNTIL the block reward reduction but not meaningfully afterward.

Of course, the real answer is that there is no way to know.

The key thing for Litcoin is if anything new is being added for it to be used for.  It used to be the undisputed alt coin king, but now I'm not so sure.  This price run up has been exciting however.

Good Luck!
legendary
Activity: 1078
Merit: 1011
Reading all the comments, what I figured out is that the cryptocurrency hive mind believes that the price will increase, but not big time and not for long.  Wink

This part of the hive mind expects that outcome, yes. To be more precise I expect it to rise somewhat before the halving and then to fall.

I am not expecting a huge rise at this point, perhaps to $6, but who knows?

I also would not expect a huge decline once the halving has happened, perhaps it will settle in where it has been now for the past days, in the $3-$4 range. I can't help but think with the reward being cut in half, the quick buck miners will leave and the true believers will stay on, and not want to liquidate their coins so cheap.

Of course, this mindset fits well with how I have invested so far, so maybe it is all just wishful thinking, I guess we will all know in a month or so.
sr. member
Activity: 466
Merit: 250
Twitter Follow for no BS crypto: @SecretsOfCrypto
no it will dump hard a couple days before halving
legendary
Activity: 1316
Merit: 1014
ex uno plures
The crypto-currency hive mind is a contrarian indicator.
hero member
Activity: 886
Merit: 510
Reading all the comments, what I figured out is that the cryptocurrency hive mind believes that the price will increase, but not big time and not for long.  Wink
legendary
Activity: 1078
Merit: 1011
I think we can eek out a few more dollars before the halving, maybe to $6 again.

I don't know if the price will plummet afterward as the mining will need to stay somewhat profitable, combined with the fact that miners will have less coin to dump on the market everyday. Maybe the quick buck miners will drop out and the mine and hold types will stay keeping the price a bit higher.
sr. member
Activity: 308
Merit: 250
With the recent pump of litecoin, many think the halving is already priced into LTC.
So after it does happen, there may not be much change.
I expect the litecoin price to eventuality stabilize around 0.01 btc.

This is what I was thinking.  The halving push maybe already happened, but I do expect it to go up after the halving.  Just not a huge spike or anything.
hero member
Activity: 576
Merit: 503
Pretty much everybody expects the halving so I think people overvalue the immediate significance of it so it likely won't increase much.

From another perspective, every single day there are roughly 389 BTC worth of LTC being mined. But considering the daily volume (at the moment) is 16178 BTC or $4.5million , it's safe to say that even if that 389 BTC worth of LTC would get dumped everyday, the market could easily soak that up without it having any effect on the price. So halving that 389 BTC will only have any significant effect on the price is a physiological one if people en masse fail to realise the math behind what I just pointed out.

psychological Smiley

Yes, that Smiley

Sorry. I just had to say something. I'm making my run for full member here. Smiley
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
Pretty much everybody expects the halving so I think people overvalue the immediate significance of it so it likely won't increase much.

From another perspective, every single day there are roughly 389 BTC worth of LTC being mined. But considering the daily volume (at the moment) is 16178 BTC or $4.5million , it's safe to say that even if that 389 BTC worth of LTC would get dumped everyday, the market could easily soak that up without it having any effect on the price. So halving that 389 BTC will only have any significant effect on the price is a physiological one if people en masse fail to realise the math behind what I just pointed out.

psychological Smiley

Yes, that Smiley
hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
No, Like to Dogecoin price will keep same for a time.

I know, right? When Doge was released I went to take piss and when I came back it was halving. I'm kind of confused as to why it didn't sky rocket.
hero member
Activity: 576
Merit: 503
Pretty much everybody expects the halving so I think people overvalue the immediate significance of it so it likely won't increase much.

From another perspective, every single day there are roughly 389 BTC worth of LTC being mined. But considering the daily volume (at the moment) is 16178 BTC or $4.5million , it's safe to say that even if that 389 BTC worth of LTC would get dumped everyday, the market could easily soak that up without it having any effect on the price. So halving that 389 BTC will only have any significant effect on the price is a physiological one if people en masse fail to realise the math behind what I just pointed out.

psychological Smiley
hero member
Activity: 886
Merit: 510
newbie
Activity: 25
Merit: 0
When is the halving? I'd say probably not as there's not that much demand for litecoin really. Might see some people panicking and buying it beforehand though.
full member
Activity: 168
Merit: 100
With the recent pump of litecoin, many think the halving is already priced into LTC.
So after it does happen, there may not be much change.
I expect the litecoin price to eventuality stabilize around 0.01 btc.
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
Pretty much everybody expects the halving so I think people overvalue the immediate significance of it so it likely won't increase much.

From another perspective, every single day there are roughly 389 BTC worth of LTC being mined. But considering the daily volume (at the moment) is 16178 BTC or $4.5million , it's safe to say that even if that 389 BTC worth of LTC would get dumped everyday, the market could easily soak that up without it having any effect on the price. So halving that 389 BTC will only have any significant effect on the price is a physiological psychological one if people en masse fail to realise the math behind what I just pointed out.

Edit: typo
sr. member
Activity: 294
Merit: 250
I don't think a litecoin halving will have the same effect on price as a Bitcoin halving. Litecoin isnt really seen as an investment as much as bitcoin is, so a decrease in inflation might not mean much.
sr. member
Activity: 456
Merit: 250
People will sell after the halving, because after that there would be nothing about litecoin to look forward to.
member
Activity: 76
Merit: 43
My take is that it will fall afterward.  The excitement and interest comes prior to the halving.  After it, excitement dies out, slowing liquidity and taking the price down with it.
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