Post
Topic
Board Speculation (Altcoins)
Re: LTC halving
by
bitgolden
on 01/07/2019, 10:17:54 UTC
At the beginning of August, there is LTC halving. Does Btc and ltc move together or does ltc increase independently?

When BTC increases, LTC increases together i think, because halving will create more opportunity, and the demand will be more higher, so i believe there could a significant increase of the the prices of both coins instead.
Halving will decrease the inflation and i think the demand will be the same but with less inflation and people can buy more litecoin and this will significantly increase the price. The halving of litecoin has done its first increase and we are still waiting for the next phase of bullish for litecoin but that will not give any impact to the bitcoin.
Projects may do halving from now till eternity and it would still not have any effect on them if they don’t work so hard to always encourage people out there to continuously use their product, and the only way people can be encouraged to use such product is when they are able to really proffer solution to a problem that is most common with people.

The reason why some projects do fail is that they come up with solutions to problem that is just affecting or limited to few people, and they are not able to expand globally because their solution has no use to so many people that would have seen to the success of such project, so Litecoin should stop relying on halving to encourage people to invest, but they need to do better and upgrade their product to meet the needs of people globally and not the few people that are already in their circle.