Topic: LTC halving - page 2. (Read 1140 times)

Again, Miners are underwater, I mean pretty much all of them unless you count the latest 2k and 3k Insilicon scrypt-pow miners for LTC.

Thus in less than 16 days and about 18 hours, that will become at $100 LTC now the equivalent of mining at $50 instead of $100 USD and thus

you are 2x underwater than you were before the halving.

LTC halving clock:

https://www.litecoinblockhalf.com/

To continue down this path, you also could say you need $200 LTC to make what you are making the next 16 days and 18 hours to break underwater

at the $100 usd LTC you have now. Thus, no worse off, but no relief either for miners even at $200 LTC.

Not really, sure that LTC POW mining can survive this. My logic goes like this. (Hope I am incorrect).

The other 'elephant in the room' is that MOST (I'd guess 65% plus) of all scrypt-pow miners are Bitmain L3+'s. Which under the above scenario

and prices now would be 'turned off' likely, as folks realize more $$$ are going in for electric than going out. This is to be expected. But because

so MANY of the miners are this particular (Bitmain L3+) model and have such a large percentage of scrypt pow, every time the price goes up (say $200) and these units, break-even in

price, even a little bit, blamo, they will go back up. We could be seeing some very odd yo/yo action on difficulty and price with this bit of equipment

banging in/out about the LTC mining ship, due to heavy seas. No new equipment worth making at difficulty and prices and old equip dumping in/out of a depressed

LTC market. Yech!

Only hope after halving for any action on LTC price, IMHO, is mimblewimble or some other innovations. Without that, Litecoin could be in some real

trouble on the pow mining front, sense of purpose, and of course the price after halving.

It is looking very, very ugly.

Brad

btc is moving positively at most times so who knows , there is a possiblity or a co incedent rather that could happen during the ltc halving where btc could also increase on its own not because the help of ltc/halving but because of the demand alone   .

 and  how can you say that the price of ltc wont go high ? i disagree with that because alot of people are saying that havling can improve the price of a cryptos drastically  but your right that btc is still the most powerful coin and its halving can influence the overall crypto market  .

I think it will increase independently. because it is a private event of Litecoin and other alts will not be relevant. And this growth will not be too high and it will not make the market green. We should expect it in Bitcoin Halving, the most powerful coin.

Need to wait went bitcoin on a sideways position, in the past a month. The pair of LTC/BTC & other cryptocurrencies not really good, they always crash because of bitcoin movement. But the price of fiat sometimes follow the bitcoin price, today the price of LTC/USD back to the same price with profit around 20-30% from last "All time lose". Just from my 2 cents, I think the movement will be on September/October. DYOR & DWYOR Please.

yes I also feel like that the different situation also faced by the light kind so that I think it also had the same path like the development of Bitcoin and its developed independent only and more of the cryptocurrency and follow these development only with the unique way

Yes, BTC halving will happen next year, therefore, Litecoin halving might not affect Bitcoin price. nevertheless, it will affect altcoin itself. Last time, when we had LTC halving, its price went to the Moon. If the history repeats, we can wait for that Litecoin will grow to reach at least 350 dollars, which will be the joy of all cryptocurrency investors.

I knew everything was priced in already even last year when Litecoin was down from the ATH. For me,,, I am waiting again for $300 to happen. This time I will watch and wait for a new ATH, maybe sell exactly the amount I need to recover my initial investment, and then hodl some more until $1k happens. If ETH could do it, why not LTC an actual currency right?

If the market will be the same until the halving of LTC, don't expect about it anymore and think of the pump once the halving is done.
The market is very unstable for the moment and it's volatility is again giving us a pressure and fear that the market can be down again.

But this time around, it's no exception, BTC dump and other altcoins followed.
I can say it's really a bad day for crypto now, there is no green in the top 100, most of the coins are down over 10%.

yes, that's what happened. LTC does its own pump, even when the market is in a downtrend. LTC can do the pump. it's because of halving that is heard by many people, which makes it even more believing that prices will increase. naturally, if the LTC demand on the market increases.

the fact that all coins do not follow rising trend of bitcoin tall one , including litecoin, litecoin increase independently, In my opinion, and the upward trend in year 2019 is very different from the rising trend in year 2017 yesterday

Had been waiting for this to happen since I have been holding my litecoin for long now

I don’t think that bitcoin will go together with litecoin because bitcoin halving will happen next year and I am looking for separate LTC growth just like ethereum in 2018 1st quarter

Thank you for your answer bro very informative!  
When you talk about "seq witness" you mean segwit (Segregated Witness) I suppose...

I mentioned that they need to do that asap in a previous post on here. LTC Foundation has, IMHO, in the past 'tended' to kinda sit on their laurels and twiddle thumbs on

getting stuff like new versions of Litecoin Core out, in any quick manner. I hope you are correct, but they usually have a pretty big time to get it in lag, (with little followup IMHO in

between) from when they announce a protocol to when they get a protocol out. The exception was the seq witness compromise. So again, they step it up and get this out say, in the

next month or so and I'm good.

Brad

especially if we see who is the developer of Litecoin, that's charlie lee, where he is have huge name in crypto community and ex Coinbase director.
Litecoin still surviving and one of the old coin still live untill today beside Doge, Dash and etc

I believe the best base level of Bitcoin and litecoin growth in the time of halving will be same. If you are a trader or investor you don't need to wait for kindly take attension over litecoin and make your first investment in this cryptocurrency.
Independence growth of this coin will not perform alone definitely between support will be a great thing for them.

Well I think you're wrong because you forget they're implementing Mimble Wimble with the Beam team above LTC!

If I remember correctly the last halving Litecoin did not do much for a while, price-wise, etc. Soon after halving, as an example of the dates below.

August 2015, using the 8/31/15 date as to when Litecoin Halved, (from what I can tell) from the www.coinmarketcap.com site.

The end of August 2015 Litecoin was $3.81 USD.

From that date of 8/30/15 till say 3/1/17 the price was $3.80 USD.

That is almost exactly 1.5 years later, way after the halving!

Thus nothing really happened from the halving of any note, in that it almost exactly the same price, then the price went up, after that point in time!

So, I'd prepare for the same 'silliness' this time around. Could be whatever Litecoin price we have today is the same as the Litecoin price we will have 1.5 years from now.

Brad

We still have 1 month to achieve the peak price for LTC but if the price of bitcoin stays below the support level then I believe its too impossible for LTC to rise high. Altcoins depend on bitcoin but not always, we might see different trend after the halving but I’m not sure to see a big pump on LTC before the end of July because the market are down at the moment.

maybe litecoin will grow and hit more than $200 in value before the halving event my friend
and for sure bitcoin will grow to, so, my answer both crypto will grow together with others good altcoins project