Litecoin experienced its second halving on 5 August 2019. This means that the rewards for producing a block on the Litecoin network are now 12.5 LTC, half of the previous 25 LTC reward. Halving on the Litecoin network occurs roughly every four years. What usually interests users is the overall effect that a halving has on a network. Hence, the question, what were the unexpected effects of the Litecoin halving?
Coin halving is usually a big occasion for cryptocurrency users, for miners and traders alike. The halving event is a major fundamental indicator to price and other elements within the network of the concerned cryptocurrency.

Pre-Halving Analysis of Litecoin (LTC)

Analyses and predictions come ahead of the halving of any given cryptocurrency. This was the same with Litecoin as many members of its community expected that there would be a surge in price for the first fork of Bitcoin.
Ahead of the event, even the creator of Litecoin (LTC), Charlie Lee, explained why he expected the price of Litecoin to go up after halving. Away from organic reasons, Lee tied his expectations to community sentiments. He explained how the behaviour of people will determine price movement, rather than actual economic factors of demand and supply.

He said;
“So a lot of people are buying in because they expect the price to go up and that’s kind of a self-fulfilling prophecy. So, because they’re buying in, the price does actually go up.”

So, did Litecoin price actually go up after halving?

At the beginning of 2019, LTC around $30. This was as a result of the general bear market that greeted the crypto industry after the ICO boom of 2017. From boom to present, Litecoin dropped from an all time high price of $375. As the market picked up after Q1 2019, Litecoin also joined the recovery trend trading around the $100 region before dropping below it ahead of the impending halving.

The Litecoin Halving Effect

Just before the halving, the Litecoin price was at $79. As the news broke of the halving the Litecoin price jumped to $100. This is the initial answer to the question “how has the halving affected Litecoin”. The surge did not last though, as soon afterwards, a retracement kicked in and overall market sentiments seemed to overshadow the effects of the halving.

Halving implies that the reward for miners in producing a bock drops by 50%. The amount of work involved does not change, nor does the electricity consumed. Therefore, many miners seem to go out of business when halving occurs. Some of the smaller miners who may not be able to keep up with the cost implications may go out of business and engage is selling off a part of their holdings. This could lead to a bear market in the short run.

A contrary view suggests that the decreasing supply of Litecoin in this case will create scarcity. By economic laws, this means that there will be increased demand for the Litecoin, hence engineering a hike in the price.

No matter your position on the argument, you must consider the overall market conditions as well, especially with respect to Bitcoin, the pioneer of cryptocurrency. For instance, a few weeks after the Litecoin halving, when a lot of people expected prices to soar higher, it fell below the pre-halving mark. At the time of writing, the Litecoin price is around $70.

What’s Next After The Unexpected Effects Of The Litecoin Halving?

The prevailing sentiment is that funds are currently moving away from altcoins into Bitcoin at the moment. Proof of which lies in the Bitcoin dominance which stands at 69%, at the time of writing.

In this industry, everything is usually factored into the price of the token; hashrate, mining difficulty, community sentiment and other elements. Therefore, if you want to understand the market conditions, you need to consider a robust approach that involves numerous factors.

Price is a product of demand and supply. However, other factors which most industry participants consider to be temporary have suppressed the Litecoin price so far. Many traders are using this opportunity to jump into the market, using peer-to-peer platforms like Vertex.Market to purchase Litecoin at its suppressed price. This is in anticipation of an eventual response to the natural forces of demand and supply.

In paying attention to the unexpected effects of the Litecoin halving, it is very clear that a wide perspective must be assumed, and the analysis must also consider a long term effect. Hence, at the time of writing, we may not assume that the effect of the Litecoin halving has fully kicked in. Until the Bitcoin dominance subsides, the crypto market will still maintain a partial lopsided outlook.

https://medium.com/@official_83664/the-unexpected-effects-of-the-litecoin-halving-a6c8fde3c62a

A veritable modern-day gold rush, the ICO fever has brought in swarms of new investors into the nascent cryptocurrency market. In just a couple of years the world has seen thousands of Initial Coin Offerings promising investors stratospheric returns like those experienced by early participants in Bitcoin, and being relatively affordable and accessible they have attracted new investors to two worlds where they have little experience: investing and crypto. Pseudo-pundits have sprung like wildflowers in the rain seeking to cash in on the crypto fever charging for so-called advice, while others seeking to make a quick buck have taken advantage of the lack of legal and regulatory framework to create fraudulent ICOs and escape with the proceeds. All the while, disciplined investors have been understandably watching from the sidelines, hesitant to participate in a market plagued with high volatility, misinformation, information overload, and nefarious actors. These three factors — amateur investors, untethered and unregulated ICO supply, and timid experienced investors — have created an environment where short term decisions reign and the information and transparency needed for a measured investment strategy are lacking.
https://medium.com/@official_83664/why-disciplined-investment-is-not-commonplace-in-crypto-655cf4640cf7

Why should every investor be using the Vertex marketplace?

With billions of dollars to be made and thousands of Initial Coin Offerings to invest in, it may be difficult to identify good investment opportunities. Numerous amateur investors are continually bombarded by information on why an ICO would yield returns, while recent institutional investors are confronted with a space that may have some of the traditional characteristics of venture capital, but is based on disruptive technologies and models which may take time and effort to make sense of. The Vertex token market, brainchild of a team of private equity and venture capital investors, is looking to make an investment in successful ICOs simple and accessible to all kinds of people. For investors big and small, old and new, here are the reasons to use the Vertex marketplace:

Disciplined investment

The cornerstone of successful investing is discipline. Vertex will offer select ICO tokens on its marketplace that have been reviewed by its investors and international experts. The Vertex team has deep knowledge about private equity and angel investing, and will thoroughly evaluate ICOs before participating in them using principles borrowed from traditional investing and those that have been developed in crypto-trading. These ICO tokens will then be made available to everyone through the Vertex token marketplace.

Preferential access

Users of the Vertex marketplace will not only be able to buy into ICOs that have been reviewed by disciplined investors, but they will also be able to purchase them at preferential prices. Through its asset management arm, Vertex will get early access and preferential prices in ICOs. It will then be able to roll those preferential terms over to the users of the Vertex Market.

Exclusive access

Many ICOs are now being sold out at presale or private sale. This is, in turn, making ICOs inaccessible to the average trader. Again, Vertex will leverage its capital to participate early in these ICOs, but rather than hold the tokens it will offer them in its marketplace. Through the creation of the first token aftermarket, Vertex is making ICOs available to investors that may otherwise not have been able to participate in them.

Information, information, information!

One of the biggest challenges for amateur and seasoned investors alike is to be able to cut through the fray of information that is out there on ICOs. The Vertex marketplace will feature analysis and information on the tokens and ICOs featured in it. Amateur investors will get digested information from experts, while seasoned investors will be able to participate in the world of crypto through a platform that speaks to them in a language which they are used to. HODLing & Using a true utility token
To participate in the Vertex market, investors will use the Vertex VTEX token. This utility token was designed as a vehicle to participate in the aftermarket and will be available in limited supply. As investors seek to grow their ICO portfolio, demand for the VTEX token will increase and so will its utility. More vetted ICOs on the platform will attract more users which in turn will allow for the development of an ecosystem underpinned by the VTEX token. As such, investors using the Vertex marketplace will experience this benefit as either a discount in the tokens they invest in, as a return on their initial purchase of VTEX tokens and as the usefulness of the token increases with usage.
The Vertex team has covered all the bases for investors seeking to participate in ICOs. Through the use of traditional investment practices combined with crypto knowledge it is ensuring disciplined investment, and through the creation of its aftermarket, it is making it available to all investors. By creating the VTEX token to underpin the whole process, Vertex is opening the ICO market to development it has never seen before.
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