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Topic: LTC halving , what to expect? (Read 776 times)

legendary
Activity: 3248
Merit: 1179
August 15, 2019, 03:40:09 PM
#73
maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong

Maybe, or maybe not. We have just speculations about future price of litcoin. Fact is that halving cut reward for miners, with lower supply they will be in problem if price don`t rise. Probably in next months we will see some pools quitting litecoin mining, same thing Charlie Lee said in one of his tweets. It will take time for network to stabilize, and only after that price of litecoin will rise again, that will happen in the next period, that period can last months or entire year, but price will start to rise again. I think litecoin is worth to be waited, and I will wait for that.
full member
Activity: 649
Merit: 100
August 15, 2019, 02:57:10 PM
#72
There is no news about the Litecoin halving or the fork of the blockchain officially. Earlier for ETH blockchain fork was came out but later it was proved fake news. So, do not drive for the fake demand of the Litecoin which may lead to unnecessary price increase. So, follows the natural pattern of the price movement.
on the official site LTC , does Havling?, you can listen to it at https://litecoin.com/en/news/litecoins-second-halving-is-now-less-than-one-month-away  even the famous crypto news site also posts news, please check at https://www.coingecko.com/id/explain/litecoin_halving
copper member
Activity: 798
Merit: 3
August 15, 2019, 12:27:38 PM
#71
There is no news about the Litecoin halving or the fork of the blockchain officially. Earlier for ETH blockchain fork was came out but later it was proved fake news. So, do not drive for the fake demand of the Litecoin which may lead to unnecessary price increase. So, follows the natural pattern of the price movement.
hero member
Activity: 2450
Merit: 605
August 15, 2019, 12:00:35 PM
#70
maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
too long, if you have to wait 1 year, a few days ago halving has occurred and now the effect has begun to be felt. although the price of bitcoin is falling, it's not Litecoin.
Would you like to show me that effect that you mentioned here because I think Litecoin value has still not moved that much after the halving, though I am still trying to give it a month time frame before I can really conclude if the halving had any effect on it or not.

For bitcoin that was going down when you posted here, it was just still the normal correction and I am sure that it is just prepping itself for a great surge, so we are here to see what is going to happen, but for Litecoin, I am not even hoping on the halving to do something much, but I am hoping on altcoins bull run, what I am watching bitcoin ot for now, is to know when it starts to consolidate, so we can have some top altcoins that we have invested in start growing too in value.
legendary
Activity: 2730
Merit: 1288
August 15, 2019, 09:18:42 AM
#69
every halfing is happen the price is always grow up and it is so good time to sell.
look how LTC is grow so fast when it got some halfing.
i believe in 2020 when BTC is halfing, it will be a masterpice of cryptocurrency.
i believe with that.

https://bitinfocharts.com/comparison/litecoin-hashrate.html#3m

What happened was that hash rate decreased for 20%.  Miners got half less coins so some of them stopped mining.  Halving can influence on two way, not just a price increase.
hero member
Activity: 1778
Merit: 504
WorkAsPro
August 14, 2019, 09:30:54 PM
#68
Currently I still see the price of LTC being declining and investors are selling it day by day.
it is certainly a bad signal and I think halving events no longer have a big impact on investors.
they have focused on Bitcoin prices instead of Halving, Hardfork events. This is so weird Huh

LTC is just a normal altcoin and after having earned a good profit, investors will tend to sell more than buy. I think this market should not trust anything because every good news is always risky and if you buy at the time of the price increase, you will easily get into the trap. I personally invest when the market starts to fall because it is a good time for you to buy a lot of cheap coins.
member
Activity: 574
Merit: 10
August 14, 2019, 12:46:15 PM
#67
every halfing is happen the price is always grow up and it is so good time to sell.
look how LTC is grow so fast when it got some halfing.
i believe in 2020 when BTC is halfing, it will be a masterpice of cryptocurrency.
i believe with that.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
August 14, 2019, 11:09:33 AM
#66
maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong

Dream on my friend,,, Litecoin halving event is totally and completely priced in. I will agree that now is the right time to buy it because this weak affair of price will not stay long since it is to me a complete anomaly, same as Bitcoin. LTC will have its day again in the light for sure,,, only the patient will see that day!
newbie
Activity: 602
Merit: 0
August 14, 2019, 10:21:16 AM
#65
as it turns out, nothing happen to litecoin price during halving event https://www.coingecko.com/en/coins/litecoin
not sure what we can expect for bitcoin when it halves next year
full member
Activity: 700
Merit: 101
BBOD Trading Platform
August 14, 2019, 08:24:10 AM
#64
maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
too long, if you have to wait 1 year, a few days ago halving has occurred and now the effect has begun to be felt. although the price of bitcoin is falling, it's not Litecoin.
member
Activity: 663
Merit: 10
https://streamies.io/
August 14, 2019, 07:42:26 AM
#63
Currently I still see the price of LTC being declining and investors are selling it day by day.
it is certainly a bad signal and I think halving events no longer have a big impact on investors.
they have focused on Bitcoin prices instead of Halving, Hardfork events. This is so weird Huh
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
August 14, 2019, 07:13:33 AM
#62
maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
Previous events are not like that. therefore many people expect an increase in the halving effect to occur soon. now we can see if the effects of the update don't always work quickly. this may indeed require a long process. we have to see how there is a next update that makes LTC adoption increasing. after that happens, surely the price will increase quickly.

    Supply is down, in future there will be more halving, supply will be even lower than it`s now. Effects on price will happen, in one point. Now we need
to wait for price rise and to hope that demand will be higher than it`s now. With lower supply and higher demand price will rise, it one of the laws in
economy.
    Expect the worst, hope for the best. One of the slogans I learned in dealing with crypto-currencies.
full member
Activity: 1120
Merit: 101
August 13, 2019, 11:58:34 AM
#61
maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
Previous events are not like that. therefore many people expect an increase in the halving effect to occur soon. now we can see if the effects of the update don't always work quickly. this may indeed require a long process. we have to see how there is a next update that makes LTC adoption increasing. after that happens, surely the price will increase quickly.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
August 13, 2019, 11:29:15 AM
#60
maybe 1 year after halving the price of ltc will go back up and actually now is the right time to buy and sell it before halving or keep it strong
Hope you are not aware that halving in litecoin already happened on August 5 Tongue. I was anticipating some market movement when i saw the trading volume going high before halving and i expected the market to rise but then it died down eventually, the general market sentiments was not that great during the halving and we might see some movement when the alt coin market rises other than that i do not see any individual rise.
full member
Activity: 574
Merit: 100
August 11, 2019, 10:27:59 AM
#59
Absolute nothing happened  Grin

I bought some LTC when the price was 80 and I wait for some prices between 130 to 150 USD, but nothing...

I'm still holding and LTC should be fine when BTC starts to rise again, but this was a surprise for me

Usually when LTC is halving the price, nothing will happen but it is likely that in 1-2 months LTC will be up high because mining reduced reward.
legendary
Activity: 2366
Merit: 1403
August 11, 2019, 09:49:00 AM
#58
Absolute nothing happened  Grin

I bought some LTC when the price was 80 and I wait for some prices between 130 to 150 USD, but nothing...

I'm still holding and LTC should be fine when BTC starts to rise again, but this was a surprise for me
member
Activity: 163
Merit: 10
August 11, 2019, 07:00:56 AM
#57
I agree with you, honestly I don't think anything will change much after the halving
legendary
Activity: 2338
Merit: 6509
be constructive or S.T.F.U
August 10, 2019, 09:35:15 PM
#56
Quote
Nothing major is going to happen after the halving, neither price nor hash rate will be affected by much.

Many people thought that my prediction was stupid , I want everyone who thought so to come forward and explain to me what were they thinking?

LTC price did drop a few dollars/sats just like any other alt coin , price would have gone up if the overall crypto market did so, so in other words,the halving had almost zero impact on price.

and this will always be case, in fact the further we go from here the less the impact, simply because by the time the next halving happens , the supply would have been a lot more than the current supply which will make the supply drop almost unnoticeable.

I know many people did FOMO and thought price will go the moon after the halving, the purpose of this thread was to educate you on the very likely possible outcome, those who learned something , good for them, those who ignored the message, I hope they get it better next time around.
hero member
Activity: 2730
Merit: 632
August 08, 2019, 03:07:40 PM
#55
Its hard to say what will happen with the price. The halving effect might take days or weeks.
I hardly agree with this line which theres no specific time on when the price would react on such halving event.People do usually expect for its price to boom up
a few hours before or even a few hours after such halving just like what happened on that BTC scenario but now it shows that not all halving will cause such hype for price increase.We wont know if this would go up or just moving on sideways.
full member
Activity: 1204
Merit: 102
August 08, 2019, 03:00:19 PM
#54
If we talk about what to expect from LTC halving, we want to see LTC price can back to the higher price and it is on the way to increase, but unfortunately, LTC needs to wait for more so the price can start increase. We need to wait and see when the price can increase and right now, we have more time to buy more LTC if we want. But don't forget that the increase in the price can happen at any time and we should prepare for the coming time, so we don't be late to sell the LTC.
I bought LTC at $ 101 on the 6th and now the price has dropped to $ 90. Should I buy more or just hold and wait for its price to increase?
I lost more than 10% and now I'm quite confused. Please give me some advice, thank you.

I suggest to sell it now. Litecoin prices have dropped to $88, if you still hold it longer than this maybe you will experience a big loss later. wait until the price falls deeper, then you can buy back. That's if you're still interested in holding ltc for the long term.
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