LTC halving , what to expect? - page 4.

fullhdpixel

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Quote from: akram143 on July 30, 2019, 03:14:38 PM

Probably may go in the right direction only we can expect the future of LTC because we are getting difficult situation in each and every time after the investment if people will not comfortable with what they are investing is not good for the project to be successful and valuable

All LTC need is to create more awareness for them to get adoption. What I see about LTC is that it seems they are quite too stingy about their promotions, maybe they don’t want to spend money because I am basically not hearing much about them again, except this halving that people had already kept in their mind for a long period of time.

Everyone is hopeful that LTC will reward miners, and virtually has a very big positive effect on the value but till date, I have still not seen anything about LTC value that shows they are going on halving or shows that the halving activities will be favorable to them as we all think. Well, we should not keep all hope too much in getting any surprise from the halving of Litecoin, I belie there will still be not much difference.

fourpiece

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What to expect when a coin is doing halving it will go up for sure, just like what happened to bitcoin from its last halving the price go up. So litecoin will go onbthe same road like bitcoin.

knuckey

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Many people hope that halving now will trigger a skyrocketing Litecoin price to reach its ATH, but until now Litecoin has not shown a positive trend and tends to follow market movements. I think it's very difficult to reach ATH, but hopefully there will be a pump that will happen in the near future.

mikeywith

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Quote from: moynul2050 on July 26, 2019, 01:31:00 PM

I am not a Litecoin (LTC) miner. but I understand how things might happen if Halving happens. it seems that the OP does not fully understand why Litecoin prices will be pumped when Halving happens. this is not a tradition, this is a way to pump the price of Litecoin.

I posted numbers and data for you to see, yet you and a few others keep pulling stuff out of no where.!

in the OP I clearly mentioned.

Quote

the world did not care about missing 25 LTC every 2.5 mins after the previous halving , and the world most likely won't care about 12.5 LTC less every 2.5 mins 11 days from now

The current daily supply is 25*576 = 14,400 LTC

after the halving the daily supply will be 14,400/2 = 7200 LTC

current total supply = 62,870,750 LTC

so the daily reduction will represent only 0.01% of the total current supply ( that is based on today's total supply and it will only get less and less every 2.5 mins)

so 50% in block reward is more or less NOTHING ! , if it was 50% reduction of total supply then ya that would be something , but halving is really nothing , it won't have that impact on price on the short/mid term, what could happen however is

By the time the halving happens, the whole crypto market is moving upwards and LTC moves along with(Not because of the halving) , another possibility is that a few people like yourself and those who think smart money will flow in LTC will fomo and buy LTC , price rises for a while and then smart investors will dump it.

These are rather proven facts, things that happened before , these are not opinions , but I could be wrong, so let's wait and see , it's only 8 days to go.

akram143

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Probably may go in the right direction only we can expect the future of LTC because we are getting difficult situation in each and every time after the investment if people will not comfortable with what they are investing is not good for the project to be successful and valuable

disconnectme

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As for Litecoin Halving the price has been priced into the price already and is one of the coins this year that has outperformed BTC at some time, concerning the price dump, this could happen provided the price of the coin did not move or reflect the change in mining reward

Juse14

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I just hope, with these halving the price maybe can drop first before make some fomo. Sometimes the party started can be late, i already sell my litecoin went i buy around 80-90$ at 120$ price. Waiting for a nice catch again at LTC.

kabit9

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well the halving is already priced in nicely. i expect hashrate to fall after halving as it will become alot less profitable for miners to keep mining LTC.

Mahanton

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Quote from: barbara44 on July 27, 2019, 01:22:36 PM

The success of these coins is not tied to all these conditions that we think they rely on. I remember some months back when many people were really hoping for this LTC halving to start affecting the price positively at least 2 months before the halving, but look at few days to the halving, it seems that LTC is even dropping more, which means that the halving may have no impact.

Rather than looking for all these artificial boost, we need to push the team of LTC to really make their technology a working product, they need more strategies that goes beyond the one they are currently applying in now, it is only when they keep coming up with different strategies that their products can continue to be recognized and used by the end users, only the end users can push the value of the coin to its peak.

Cant blame people yet anytime there that kind of event specially halving one then the mindset of most people would really be a tremendous price increase but
as said not all fundamentals or news that related to coin would be similar where it can give out positive impact and take a look on example with bitcoin price on last quarter each year where people hope or expect for price increase but it didn't happen.

poldanmig

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Quote from: Dreamchaser21 on July 27, 2019, 09:04:56 AM

Quote from: Novatech8 on July 27, 2019, 01:14:20 AM

Huge Hype one after the other until litecoin keeps losing value after the halving,litecoin halving wont have huge benefit on crypto market like how bitcoin halving will,litecoin seem to surge in value only when big news is out for the coin or bitcoin bullrun drags it along

Every coin have their own hype, they needed that so LTC can survive. This halving is a great progress for LTC, we can’t know the future and the price of LTC can still go up. Though its cheap right now, I’m still confident for the future of the top altcoins like LTC.

it's true, but the LTC coin is not a low coin but a big potential coin like ethereum, so someday LTC will definitely be able to experience a tremendous price increase so the price will be quite expensive

barbara44

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The success of these coins is not tied to all these conditions that we think they rely on. I remember some months back when many people were really hoping for this LTC halving to start affecting the price positively at least 2 months before the halving, but look at few days to the halving, it seems that LTC is even dropping more, which means that the halving may have no impact.

Rather than looking for all these artificial boost, we need to push the team of LTC to really make their technology a working product, they need more strategies that goes beyond the one they are currently applying in now, it is only when they keep coming up with different strategies that their products can continue to be recognized and used by the end users, only the end users can push the value of the coin to its peak.

Dreamchaser21

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Quote from: Novatech8 on July 27, 2019, 01:14:20 AM

Huge Hype one after the other until litecoin keeps losing value after the halving,litecoin halving wont have huge benefit on crypto market like how bitcoin halving will,litecoin seem to surge in value only when big news is out for the coin or bitcoin bullrun drags it along

Every coin have their own hype, they needed that so LTC can survive. This halving is a great progress for LTC, we can’t know the future and the price of LTC can still go up. Though its cheap right now, I’m still confident for the future of the top altcoins like LTC.

Erickan

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Quote from: FrozenBit on July 27, 2019, 04:12:27 AM

I totally agree with you. Litecoin only has the highest price of $ 135 and now it quickly falls to $ 94 and never grows because of the Halving event. everything has ended and it will be a bad thing for Litecoin's loyal miners.
In the near future, Litecoin will have to deal with their blocks when many miners will no longer exploit litecoin.

Without any basis to prove your point is correct, Litecoin is also an altcoin top, it will also follow the trend of bitcoin. If someday in the near future, even the crypto market suddenly increases strongly from outside sources, Litecoin will also increase its price strongly. The insistence of litecoin is also a very important factor for it to increase in the future.

alan2here

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Quote from: moynul2050 on July 26, 2019, 01:31:00 PM

Quote from: SvonioneFromMangoCoinz on July 25, 2019, 09:28:00 AM

I disagree with your thoughts. You are an individual, and you are not mining Litecoin so you will not understand their influence.
If the price of Litecoin will not increase in the coming days, it is certain that there will be many miners from mining Litecoin -> the processing time of blocks will be longer and litecoin will definitely continue to decrease.
In order to improve this, Litecoin itself will begin to buy and push the price of the coin higher and offer certain events to increase purchasing power.
In fact, everyone is very interested in halving events, but litecoin is quite unfortunate when halving occurs at the time investors only focus on Bitcoin.

I am not a Litecoin (LTC) miner. but I understand how things might happen if Halving happens. it seems that the OP does not fully understand why Litecoin prices will be pumped when Halving happens. this is not a tradition, this is a way to pump the price of Litecoin.

After this event, the price of LTC will definitely decrease and there will be a lot of adjustments related to this coin because in my opinion this coin only increases when there is big news and if you know it early, the chance to earn very high profit. I have observed LTC volatility over the past year and this coin has a great attraction for all investors. Now LTC is still in very good prices but needs to wait more because I am sure this coin will continue to decline until the end of the year.

FrozenBit

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I totally agree with you. Litecoin only has the highest price of $ 135 and now it quickly falls to $ 94 and never grows because of the Halving event. everything has ended and it will be a bad thing for Litecoin's loyal miners.
In the near future, Litecoin will have to deal with their blocks when many miners will no longer exploit litecoin.

cryptonx

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Quote from: moynul2050 on July 26, 2019, 01:31:00 PM

Quote from: SvonioneFromMangoCoinz on July 25, 2019, 09:28:00 AM

I disagree with your thoughts. You are an individual, and you are not mining Litecoin so you will not understand their influence.
If the price of Litecoin will not increase in the coming days, it is certain that there will be many miners from mining Litecoin -> the processing time of blocks will be longer and litecoin will definitely continue to decrease.
In order to improve this, Litecoin itself will begin to buy and push the price of the coin higher and offer certain events to increase purchasing power.
In fact, everyone is very interested in halving events, but litecoin is quite unfortunate when halving occurs at the time investors only focus on Bitcoin.

I am not a Litecoin (LTC) miner. but I understand how things might happen if Halving happens. it seems that the OP does not fully understand why Litecoin prices will be pumped when Halving happens. this is not a tradition, this is a way to pump the price of Litecoin.

The halving event will slash the block reward in half, meaning that instead of 25 LTC, miners will then begin to receive 12.5 LTC per block
and in my opinion less reward will bring new demands, and the demands will make the price of litecoin shoot up mate

Novatech8

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Huge Hype one after the other until litecoin keeps losing value after the halving,litecoin halving wont have huge benefit on crypto market like how bitcoin halving will,litecoin seem to surge in value only when big news is out for the coin or bitcoin bullrun drags it along

moynul2050

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Quote from: SvonioneFromMangoCoinz on July 25, 2019, 09:28:00 AM

I disagree with your thoughts. You are an individual, and you are not mining Litecoin so you will not understand their influence.
If the price of Litecoin will not increase in the coming days, it is certain that there will be many miners from mining Litecoin -> the processing time of blocks will be longer and litecoin will definitely continue to decrease.
In order to improve this, Litecoin itself will begin to buy and push the price of the coin higher and offer certain events to increase purchasing power.
In fact, everyone is very interested in halving events, but litecoin is quite unfortunate when halving occurs at the time investors only focus on Bitcoin.

I am not a Litecoin (LTC) miner. but I understand how things might happen if Halving happens. it seems that the OP does not fully understand why Litecoin prices will be pumped when Halving happens. this is not a tradition, this is a way to pump the price of Litecoin.

mikeywith

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Quote from: SvonioneFromMangoCoinz on July 25, 2019, 09:28:00 AM

and you are not mining Litecoin so you will not understand their influence.

It's funny how you assume that I don't mine LTC , I don't remember hiring you to manage my gears. Cheesy

Quote

If the price of Litecoin will not increase in the coming days, it is certain that there will be many miners from mining Litecoin -> the processing time of blocks will be longer and litecoin will definitely continue to decrease

I don't want to be mean, but really you need to educate yourself about basic mining concepts, things don't work like that.

With all due respect, almost everything you said is wrong , not because I think it is, but you are wrong about technical/mathematical facts , there is no way I can have a healthy discussion with someone who thinks block-time will be longer due to halving.

SvonioneFromMangoCoinz

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I disagree with your thoughts. You are an individual, and you are not mining Litecoin so you will not understand their influence.
If the price of Litecoin will not increase in the coming days, it is certain that there will be many miners from mining Litecoin -> the processing time of blocks will be longer and litecoin will definitely continue to decrease.
In order to improve this, Litecoin itself will begin to buy and push the price of the coin higher and offer certain events to increase purchasing power.
In fact, everyone is very interested in halving events, but litecoin is quite unfortunate when halving occurs at the time investors only focus on Bitcoin.

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