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Topic: Litecoin price increase after successful halving of block reward., thoughts. - page 2. (Read 380 times)

sr. member
Activity: 1316
Merit: 254
United Crowd
Historically, halving LTC will lead to pump prices, and after that there will also be a price decline, although this is largely dependent on the overall state of the crypto market.
but I am still not clear about the increase that occurred in LTC, whether the recent Litecoin spike was caused by halving events, or caused by bullish price movements on Bitcoin.
legendary
Activity: 2492
Merit: 1140
duelbits.com
Many people have noticed Litecoin halving from several moments ago and this has become special hype.
That is why many of us also feel and expect that this halving will really help LTC to have better value on the market.
We may be able to see the prospect and possibilities of the price increase of LTC in some days currently, it is not about how to increase the price and value but also to maintain and survive again.
Today, LTC really has great increase of plus 4.82%, after dropped time several days ago.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Nothing happened  Grin

I'm still holding my LTC, at least I bought with the range price of 80 USD, but I expected to be at 130-150USD at this time after the halving


The price is just started to pump, so its too early to sell because this success can go for a more expensive LTC again. Give at least a month and we can see the result of having is now paying off. Congratulations to those who anticipate this situation and bought a lot during the bottom of LTC, wait for the peak price before you sell.
member
Activity: 1008
Merit: 12
SAPG Pre-Sale Live on Uniswap!
Although price has not moved like most of the people expected it do but we need to understand that halving is not a quick pump and dump event, its impact is positive and bullish for the coin which can take time to establish.
legendary
Activity: 2478
Merit: 1516
Nothing happened  Grin

I'm still holding my LTC, at least I bought with the range price of 80 USD, but I expected to be at 130-150USD at this time after the halving

full member
Activity: 588
Merit: 103
Halving is just a technical part of the story. Hype about the halving is the factor that can boost the price. If people don't talk about it, price will remain the same.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
Well just to confirm my assumptions, Litecoin price growth is increasing proportionally to that of bitcoin and not due to the successful halving event. The having has no effect on the price (yet). Litecoin price just moved upwards to the $90 mark price per coin as bitcoin is also gaining some momentum. Fews day back it was trading around $80-$85 which was the trading price before halving so it makes no sense for we to assume its current price, is as a contribution from the successful halving of block reward instead it's just as always (Litecoin is benefiting from the success of bitcoin's price gain).
sr. member
Activity: 1274
Merit: 263
I thought the price of LTC was going up after the update. But I didn't know the climb would be so high. Soon LTC will please us even more with its price. Many institutions have already switched to this project. Since there are very few promising projects now. LTC shows good and dynamic growth. I think he can compete with Libra for investors ' attention.

the price just went up from $90~$95 to $105 and you said that was so high? that is nothing but bull trap. And look at it today, it just declined to $85 and you said it's dynamic growth?
and how it has something to do with Libra?
first of all, Libra is Stablecoin while Litecoin is an alternative coin, we can not compare it. Because both of them have a different vision.
full member
Activity: 335
Merit: 100
It increased quite a bit compared to the expectations of many people, as many analysts thought that LTC could hit $ 160 again after halving. But perhaps we need to wait when the BTC price is stable. I still believe LTC will increase to that price.
sr. member
Activity: 840
Merit: 250
I thought the price of LTC was going up after the update. But I didn't know the climb would be so high. Soon LTC will please us even more with its price. Many institutions have already switched to this project. Since there are very few promising projects now. LTC shows good and dynamic growth. I think he can compete with Libra for investors ' attention.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
Other top chains bleed when measure with bitcoins; Litecoins didn't. The halving contributed to price of ltc

That Litecoin didn't bleed doesn't mean the halving contributed. The last bitcoin surge in bitcoin it carried some selective few altcoins with him including Litecoin. And that how it has always been in this seasons bull run. Litecoin has always been a beneficiary of bitcoin's success, I don't think it's a coincidence that Litecoin also gain some prices as bitcoin did. Currently Litecoin is down to $100, you still think it's the halving effect playing it's role? I don't. Like you said the hype wasn't even there, bitcoin has everyone's attention. I'm of the thought the halving effect hasn't manifested.
member
Activity: 574
Merit: 14
Halving comes comes with a lot of hype, seem there was less for litcoiners in the last 24 hours, everything seem to have been overshadowed by the surge in bitcoin price in the last 48hours. That too certainly contributed to the current price of litecoin. Gains for litcoin and bitcoin again the USD has been similar in the last 24 hours. Litecoin will soar higher on account of the halving after the attention on bitcoin wanes a little. Doinance of bitcoin is 67.6 currently. Other top chains bleed when measure with bitcoins; Litecoins didn't. The halving contributed to price of ltc
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
Many community users might not be aware of this but Litecoin just successfully completed halving it's block reward at Block 168,000 to produce 12.5 LTC. Before now Litecoin was trading around $93 as the 5th largest trading cryptocurrenc based on Coinmarketcap's market capitalization statistics but currently it's trading at $102 and now the 4th largest trading coin. The question now is, do you think a major catalyst of Litecoin recent success is linked to bitcoin also experience a surge in price (since this has always been the usual from previous record) or this time, it was all due to Litecoin successful halving event?.

What's your thoughts and congratulations to litecoiners on a successful halving event, Bitcoin is up next.
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