Quote from: calandra78 on November 03, 2019, 01:27:14 PM

Quote from: tenakha on November 03, 2019, 11:59:14 AM

The price of LTC is lower than its value, but by the end of this year $1000 has been a huge claim. Even BTC's reach of 20k will not help LTC. The current price is around $58 and the price should be increase almost 19x, even if it is LTC. It is likely that prices will rise until halving, but I think it will not be that much. This is not a newly created coin, this is the LTC with a daily volume of over 3 billion. I think, do not trust your source too much.

LTC can return its value if the developer makes updates to convince the community and find new investors for greater adoption. some people have already switched to other assets because they might be disappointed several times when the halving isn't working as expected. LTC increases and then falls back and it is difficult to get up. the effect of the market downturn is very large and it is difficult for LTC to rise if the market is not in good condition.

They did just have their own block halving right? So I guess we could consider that as an update already.

However, many people are disappointed because they are waiting for the price to go up by this time, unfortunately the bear market has took its toll and no one is willing to risk and put their money on Litecoin even though it just had the momentous event.

But I still believed that it can have a good bounce, that is following it's big brother - bitcoin halving in 2020. To be fair here, its just not litecoin who's waiting for bitcoin's bull run, everyone is the alt market so that chances are, they could benefit from that bitcoin halving.