Litecoin [LTC] Block Reward Halving - /biz thoughts?

>THIS

is what happend at the last halving of the Block Reward back in 2015.

-back then the crypto market was in a bear market, like this year.

The 2019[HALVING] is again around August.
The 2015[HALVING] was also set for August and the pump started in May2015.


Why we/I shouldnt risk a few Bitcoins and Ether betting on this scenario again?
I looks like its the most promising trade in 2019.

Currently LTC BTC is cheap, not really cheap but at least in a range where its likely that it hold its value.
So the downside risks are way smaller compared to the upwards potential.

Would you go with it.

Attached: ltc_halving_2015.png (1681x841, 124K)

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media.consensys.net/the-thirdening-what-you-need-to-know-df96599ad857
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A lot of LTC/ crypto - pairs look like LTC sets itself up for a explosion.

Found yesterday on tradingview: ( img )

LTC/ETH could easily hit >0.5 if it breaks out.

LTC/ADA LTC/XMR LTC/BCH all look like the same

Attached: 5AF17AE8-1E5F-4CCE-9EEB-21B5F668F709.png (1560x930, 148K)

Here is whats possible on the USD side

as long as the $35 resistance, isnt shoot through with big volume, it is headed under it. After this floor the way up to $60 is a easy going.

Attached: 12379C66-98B8-47C6-AFFE-4E7F5EEF0297.jpg (750x670, 72K)

It may be a bit of a self-fulfilling prophecy. Good thread, OP.

>talking about LTC in 2019

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eth has hardfork with miner rewards thirdening in ~3 weeks boyo

you may not have noticed but it's one of the few coins with a value still measured in billions

I've been in a long since .0085, looking to get out around here and get back in at .009 for another long, but probably gonna wait for the next futures contract on bitmex to get back in.

>thirdening
Damn, that's an extreme difference. Sauce?

media.consensys.net/the-thirdening-what-you-need-to-know-df96599ad857

Looks like it might complete a rounded bottom on LTC/BTC.

people don't care about litecoin. it's not special, or valuable, its just one alt out of thousands. it might pump, but there are a lot more alts today, so speculative money is spread out even more thinly.

Why chart pairs like this? When most of the volume for each individual coin is in fiat, isn't this just a proxy for the fiat pair, a few orders removed?

/thread

I'm a a brainlet, why are block rewards bullish? Miners get less rewards, isn't that bearish long term, But bullish short term?

less inflation, nothing bearish whatsoever

Okay thanks, makes sense.

This „pumps“ dont happen on the actual day or after.
If this would effect the price, it already would happen instead of waiting for the real event.

Bc. I dont care about fiat valuation.

Its all about the game to increase the stake in all coins as high as possibe

why would it affect ltc price then?

Why is this shit mooning now? My shorts are getting liquidated soon if this continues.. it was suppose to go down hard.

Litecoin is completely useless, ugly logo, stupid name, like Bitcoin's retarded little brother. Who the fuck is buying this and why?

Bc. LTC has a max coin supply like BTC and ETH not ( currently )
Therefore the halving on ETH has little to no effect at all.

Remember the days 3years ago, where the foundation claimed that approx 100m ETH supply is the maximum, bc. Then POS would already been active with a inflation ( block reward ) of less then 0.5% of the total stake.

Not happened yet and POS is still at least 2-3years away....

Litecoin isnt used for anything. The founder dumped his load on you at ATH. It would be stupid to buy it now.

Traders or whales dont care about the usability of coins its about the money.

Or do you really think coins below the top10 are worth/ usefull to any normal human out there. You must kidding.

u dumb af poor guy

Pump/hold now, sell & short right before the event.

>no one uses litecoin
>820 million dollars in trading volume
>25k transactions per day
>sub-penny median transaction cost

who literally cares about the usabillity of coins missed the entire point of crypto...

Anyway you foold yourself as of RAW blockchain data LTC is the fourth most used coin. But as I said, I dont care about this stupid, my coin is better thing, I am in for the money.

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Are you guys new to crypto? Its ALL about speculting and catching that its happening early. People are going to buy this early for the Halving AND because Charlie Lee is shilling this again. They are also starting to use buzz words like mimble wimble and privacy integration. Just look at Lees pinned tweet. GO long.

what site/app is this?

Imagine being so stupid that you didn’t buy Litecoin 6 months before halving. The absolute state of Jow Forums.

well i posted this some days ago

maybe write more than 2 words and people will elaborate a bit further

alright...fuck it. Gonna buy me some LTC

Smart move, you won’t regret it.

Yeah, it's going to be pretty fun.

>massive inflation in USD and EURO
>recovery from being oversold
>halving

It's going to give good returns 100% guaranteed and people will FOMO in en masse once it does. At which point we damp eet on them HON HON HON you didn't hear this from me t. anonymous source.

Dumb move, you'll regret it

>pic
i think if it does a spring, itll go lower than that trendline desu.
but yea looks like some accumulation to me

Do it in April.
0.1 is not a low ratio. It has been below 0.04 but last time above 0.025 was 5 years ago.

am i dumb? when will the halving happen?

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nvm

should I sell my EOS for ltc?

difference is that in 2015 there weren't really many good alts so LTC was one of the big ones. Now LTC is #6 and dying day by day