Author

Topic: Litecoin reward halving will be on 25 August 2015 - What do you think about it? (Read 1190 times)

newbie
Activity: 3
Merit: 0
Could explain the sudden drying up on different exchanges.  Huh
Theoretical is should double in price. Smiley

Not true.  The outstanding coins are not being halved, the rewards are being halved.  So looking at it from a pure supply/demand perspective, it should take a long time to have any impact on the price.  Of course it is not this simple, but I don't think it is as simple as the price doubling either.

Yup... you just need to look at the Bitcoin price before and after the reward halving in 2012 Smiley before halving: around $10 after halving: high on $1000 x)

And btw... next bitcoin reward halving will be in about 1 year Smiley

Is now the right moment to buy low Litecoin and Bitcoin???
legendary
Activity: 3164
Merit: 1003
Could explain the sudden drying up on different exchanges.  Huh
Theoretical is should double in price. Smiley

Not true.  The outstanding coins are not being halved, the rewards are being halved.  So looking at it from a pure supply/demand perspective, it should take a long time to have any impact on the price.  Of course it is not this simple, but I don't think it is as simple as the price doubling either.
Yes, I see your point.
sr. member
Activity: 322
Merit: 250
Could explain the sudden drying up on different exchanges.  Huh
Theoretical is should double in price. Smiley

Not true.  The outstanding coins are not being halved, the rewards are being halved.  So looking at it from a pure supply/demand perspective, it should take a long time to have any impact on the price.  Of course it is not this simple, but I don't think it is as simple as the price doubling either.
legendary
Activity: 3164
Merit: 1003
Could explain the sudden drying up on different exchanges.  Huh
Theoretical is should double in price. Smiley
newbie
Activity: 3
Merit: 0
Could explain the sudden drying up on different exchanges.  Huh

Maybe...
legendary
Activity: 3696
Merit: 2219
💲🏎️💨🚓
Could explain the sudden drying up on different exchanges.  Huh
hero member
Activity: 574
Merit: 500
I think it is wrong section for this topic.
newbie
Activity: 3
Merit: 0
Hey everyone,

Litecoin reward halving will be in about 20 days (25-08-2015):

http://www.litecoinblockhalf.com/

https://www.youtube.com/watch?v=BPxq8CgMooI

What do you think about it?
Jump to: