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Litecoin Halving WATCH THIS:
Research finds Bitcoin and Litecoin halvings do not impact price
https://cryptoslate.com/research-finds-bitcoin-litecoin-halvings-do-not-impact-price/
The myth of cryptocurrency halving events: a deeper analysis
https://cryptoslate.com/the-myth-of-cryptocurrency-halving-events-a-deeper-analysis/
https://www.coindesk.com/litecoins-halving-is-months-away-but-traders-may-already-be-pricing-it-in
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If my intuition is right and the research wrong, should I ask the people who invested into the research to invest into my intuition instead?
My guts/intuition/instinct tells me that every major crypto would rise sooner or later after halvings, just like 5G is innevitable the price rise is too.
I think that halvin does impact the price, but if you have "100" people that keep ltc before halvin and "100" after, than there is not a bigger request of ltc… so why would the price change, if we would have "150" people after than the request is higher an the price can increase because if no one is asking for more that is just the same demand just with less ltc.
This article does not tell wether they used btc or usd as the base. My guess is that it is usd, thus, the BTCUSD pair is indirectly part of the price and then of course there is a strong similarity between all prices.
About LTC. What's it good for, anyway? Store of value? Yuck, just look at the ugly LTCBTC chart. Better choose BTC! Payments? Nah.
Interesting video ? There is usually a lag between the halving events and its effect on price (apart from the pre halving hype)
For example the Block reward halvings of 2012, 2015 and 2016 were followed by huge bull runs. The halvings have the same effect as if the production of gold, silver, oil or any other commodity was cut in half every four years. It can however take weeks or months for the effects to work their way down the supply chain. ⛱
D I G I B Y T E
It looks like people bought at the bottom in the $20s made the money. I bought on the way down, and sold some at $130. I am waiting for it to go up again and sell a portion, or just hold it. If Bitcoin goes to $20k by December then it would be safe to just convert Litecoin to Bitcoin. I really don’t know. August is a slow month in the market so I doubt anything major will happen, but I’m only guessing.
A stupid ‘Memo’ function could keep XRP stuck at 34cent or lower until it’s all figured out … BTC doesn’t deal with such shenanigans Lol
It's the supply shock that causes the price to rise. This doesn't reflect in the price immediately. The transactions are real on LTC just like BTC. If people feel that obtaining LTC is getting difficult, then the demand increases and that's when the price will rise IMO.If BTC clogs in the next run, then LTC definitely benefits off of that.Not financial advice.
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everyday it Drops im happy , so i can buy, hope it goes to 4,2k but chill ist soon at 22k than down again than buy again
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What other coins in the top 50 have halvings?
LTC – Put in my pocket and white!?