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Topic: Litecoin halving effects on price - page 2. (Read 284 times)

jr. member
Activity: 227
Merit: 2
August 03, 2019, 12:25:50 PM
#1
Litecoin halving will occurred this Monday that means mining reward going to reduce by 50% how will this effect on price of LTC, let's look back to 2015 when LTC halving occurred a few weeks ago before the halving ltc price pumped , and at the time of halving block it's came back to it's recent price and halving cause drop in miner and increase in difficulty by 15% and now it is obvious that miners number will decrease because reduction in reward may not meat the expenses and difficulty may increase with high rate.
For price point of view, price of LTC increased a couple of months ago and if it repeats the history it'll may came for 50 to 60$, but remember the btc price important as ltc will move like btc price. What do you think about LTC in coming 2 months?
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