LTC will hit 500++ on july 15 2019 - page 8.

Samarkand

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Quote from: mercedes321 on August 16, 2018, 07:07:54 AM

...
i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.
...
your thoughts?

The problem with this argument is that much more capital is needed
for a x7 price move at the current price level than in 2015. I agree that the block
reward halving should cause a price rise, but I doubt that it will have the same
magnitude as in 2015.

Besides, I fail to see what could be a new catalyst for another
LTC bull run. LTC pumped after the rumors and after the actual addition to Coinbase.
Nowadays LTC is trading at all the major exchanges, so another exchange
listing at a big exchange isn´t really possible. The main use case for LTC
is still being a testnet for BTC innovations and this demand can also be satisfied
when LTC is trading for less than a single dollar.
There is simply no real need for LTC to trade in the hundreds of dollars when
there is no real use case apart from being a testnet for Bitcoin.

Kemarit

legendary

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I doubt that it can get to $500. As cellard has explained, LTC was the guinea pig for Segwit implementation, that's why you will see occasional pumped on that coin. And halving doesn't make a strong case for a pump. IMHO.

@tabas - Charlie Lee himself confirmed that he has sold everything back in December 2017 (https://bitcoinist.com/charlie-lee-on-selling-his-litecoin-it-just-feels-like-its-not-the-right-decision/)

jrrsparkles

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Quote from: mercedes321 on August 16, 2018, 07:07:54 AM

halving is in august 2019, here is the explanation what that means: https://cryptomining-blog.com/tag/litecoin-halving/

i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.

so lets say it will be 110 x 5 not x7= 550 usd, then it will stablize at 220.

This is estimated price. I personally think it will hit 680 on july 15.

your thoughts?

Tired of speculations but nothing works for now,since the prices of crypto currencies were digging the ground after every small recovery and the coins other than bitcoin falling more.

On the other hand anything can be possible here so it may hit $500 in the next year but at that time bitcoin may reach very higher value or it won't be possible since the movement of bitcoin prices highly influencing other cryptos as well.

tabas

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This speculation is for Litecoin and it belongs to Speculations (Altcoins). Well if it reaches $500, is Charlie Lee still has some Litecoins on hold? or he sold all of it to after his declaration to make it decentralized?

bitcoin31

hero member

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There is no specific date when the litecoin hit that price. But for sure this year and even this year that coin is possible to become thousand dollars each litecoin and I hope that is really happen to earn more money.

mercedes321

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btc dominance topped at 54%, 70% of the alts gonna outperform the BTC, so will the LTC. LTC was one of the best performers in past year, not many cripto is in bull if you looked 1 year back. BTC is up 50%, LTC just 20, riple 85%, eth just 6%, NEO -35% etc etc...

I think that on december BTC will hit 11.300 usd, if SEC doesnt confirm the ETF, if it confirmes it it will hit 16.800 USD.

I personaly dont think it will confirm it.

LTC/BTC will hit 16600 satoshi on june 15.2019, and july it will top at 24.600 satoshi.

i know ONT, NEO, ETH, ICX, ADA, and plenty others will do more, but not between june 2019 and july 2019. thats when the LTC will do his thing.

lets see.

cellard

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Quote from: mercedes321 on August 16, 2018, 07:07:54 AM

halving is in august 2019, here is the explanation what that means: https://cryptomining-blog.com/tag/litecoin-halving/

i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.

so lets say it will be 110 x 5 not x7= 550 usd, then it will stablize at 220.

This is estimated price. I personally think it will hit 680 on july 15.

your thoughts?

My thoughts are evident: Why bother if you don't include the price in BTC? LTC it may go to 500 USD, but BTC may go way higher, and the net result would be that you lost money if you exchanged your LTC for BTC.

A coin must perform better than BTC. At the end of the day you want to increase your BTC holdings, not USD holdings.

And fundamentals wise, even if you are focusing in USD.. why would LTC even pump? LTC pumped back in the day because it was used as a testnet for segwit. If it wasn't for this, I doubt it would have pumped as much. So it must have some special use case in the future for it to pump.

There's a possibility it pumps during a super BTC bull market due inertia but also a possibility people just start dumping alts to be exposed to BTC only.

YuginKadoya

legendary

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A hype because of the halving can have a different outcome, It can also decrease its value, But speculation can be a bit dramatic and it end out that it doesn't support any claims but a past outcome happen on a recent halving of litecoin, We may never expect what may happen on july 15 and its gonna happen next year, if its gonna increase x5 or x7 lets hope it is a bull run on that year we may even see a bigger increase in litecoin when that happen.

mercedes321

jr. member

Activity: 504

Merit: 1

halving is in august 2019, here is the explanation what that means: https://cryptomining-blog.com/tag/litecoin-halving/

i checked the price in 2015 a month before halving, it went x7, and it stablize x2 before halving date.

so lets say it will be 110 x 5 not x7= 550 usd, then it will stablize at 220.

This is estimated price. I personally think it will hit 680 on july 15.

your thoughts?

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