Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Glumismera on August 04, 2015, 02:46:10 PM



Title: Litecoin reward halving will be on 25 August 2015 - What do you think about it?
Post by: Glumismera on August 04, 2015, 02:46:10 PM
Hey everyone,

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

http://www.litecoinblockhalf.com/ (http://www.litecoinblockhalf.com/)

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

What do you think about it?


Title: Re: Litecoin reward halving will be on 25 August 2015 - What do you think about it?
Post by: Sir_Astral on August 04, 2015, 02:47:06 PM
I think it is wrong section for this topic.


Title: Re: Litecoin reward halving will be on 25 August 2015 - What do you think about it?
Post by: Timelord2067 on August 04, 2015, 02:47:47 PM
Could explain the sudden drying up on different exchanges.  ???


Title: Re: Litecoin reward halving will be on 25 August 2015 - What do you think about it?
Post by: Glumismera on August 04, 2015, 03:04:42 PM
Could explain the sudden drying up on different exchanges.  ???

Maybe...


Title: Re: Litecoin reward halving will be on 25 August 2015 - What do you think about it?
Post by: tbearhere on August 04, 2015, 04:41:42 PM
Could explain the sudden drying up on different exchanges.  ???
Theoretical is should double in price. :)


Title: Re: Litecoin reward halving will be on 25 August 2015 - What do you think about it?
Post by: jeannemadrigal2 on August 04, 2015, 04:43:47 PM
Could explain the sudden drying up on different exchanges.  ???
Theoretical is should double in price. :)

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.


Title: Re: Litecoin reward halving will be on 25 August 2015 - What do you think about it?
Post by: tbearhere on August 04, 2015, 04:45:51 PM
Could explain the sudden drying up on different exchanges.  ???
Theoretical is should double in price. :)

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.


Title: Re: Litecoin reward halving will be on 25 August 2015 - What do you think about it?
Post by: Glumismera on August 04, 2015, 05:59:41 PM
Could explain the sudden drying up on different exchanges.  ???
Theoretical is should double in price. :)

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 :) before halving: around $10 after halving: high on $1000 x)

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

Is now the right moment to buy low Litecoin and Bitcoin???