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.