Litecoin reward halving will be on 25 August 2015 - What do you think about it?

[Glumismera]

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?

[Sir_Astral]

I think it is wrong section for this topic.

[Timelord2067]

Could explain the sudden drying up on different exchanges. 

[Glumismera]

Could explain the sudden drying up on different exchanges. 

Maybe...

[tbearhere]

Could explain the sudden drying up on different exchanges. 

Theoretical is should double in price.

[jeannemadrigal2]

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.

[tbearhere]

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.

[Glumismera]

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???