just joking i hold LTC too
Topic: Litecoin halving is near, will the price increase after halving? - page 2. (Read 3262 times)
the price will be the half
just joking i hold LTC too
just joking i hold LTC too
Yes of course the price will rise near halving and not because of the halving but because of the whales controling the market.
Hi. Stinking newbie user here!
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.
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.
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!
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. 
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.
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no it will dump hard a couple days before halving
The crypto-currency hive mind is a contrarian indicator.
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.
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.
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.
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.
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.
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.
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
Yes, that
Sorry. I just had to say something. I'm making my run for full member here.
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.
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
Yes, that
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.
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.
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
When is the halving?
In around 1 month.
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.
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.
So after it does happen, there may not be much change.
I expect the litecoin price to eventuality stabilize around 0.01 btc.
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 aphysiological psychological one if people en masse fail to realise the math behind what I just pointed out.
Edit: typo
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
Edit: typo
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.
People will sell after the halving, because after that there would be nothing about litecoin to look forward to.
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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