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.
eth has hardfork with miner rewards thirdening in ~3 weeks boyo
James Campbell
you may not have noticed but it's one of the few coins with a value still measured in billions
Xavier Baker
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.
Jaxon Hughes
>thirdening Damn, that's an extreme difference. Sauce?
Looks like it might complete a rounded bottom on LTC/BTC.
Jayden Wright
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.
Luis Peterson
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?
Leo Lopez
/thread
Matthew Peterson
I'm a a brainlet, why are block rewards bullish? Miners get less rewards, isn't that bearish long term, But bullish short term?
David Hughes
less inflation, nothing bearish whatsoever
Nathan Roberts
Okay thanks, makes sense.
Jose King
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.
Lincoln Kelly
Bc. I dont care about fiat valuation.
Its all about the game to increase the stake in all coins as high as possibe
Wyatt Morales
why would it affect ltc price then?
Nathaniel Moore
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?
Benjamin Thomas
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....
Jayden Brown
Litecoin isnt used for anything. The founder dumped his load on you at ATH. It would be stupid to buy it now.
Charles Rivera
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.
Ayden Lee
u dumb af poor guy
Juan Edwards
Pump/hold now, sell & short right before the event.
Easton Bell
>no one uses litecoin >820 million dollars in trading volume >25k transactions per day >sub-penny median transaction cost
Jose Torres
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.
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.
Grayson Cox
what site/app is this?
Nolan Nelson
Imagine being so stupid that you didn’t buy Litecoin 6 months before halving. The absolute state of Jow Forums.
Asher Thompson
well i posted this some days ago
Justin Ward
maybe write more than 2 words and people will elaborate a bit further
Kevin James
alright...fuck it. Gonna buy me some LTC
Nathaniel Sanchez
Smart move, you won’t regret it.
Gabriel Lee
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.
Lucas Hill
Dumb move, you'll regret it
Kevin Flores
>pic i think if it does a spring, itll go lower than that trendline desu. but yea looks like some accumulation to me
Jack Nguyen
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.