Post
Topic
Board Speculation
Re: Getting closer to Halving but .. no increase ?
by
Snail2
on 23/03/2016, 14:54:55 UTC
Is it normal ? I wasn't here when the old halving block rewards happened before so I'm not sure how things work exactly but logically ... should we see a price increase (at least little bit) since we are getting closer and closer ?

Last time around the halving the price slowly went from $5 (2012 summer) to $12-13 (2012 dec.) but that was lower than the then ATH (~$24). After the halving it kept climbing slowly for months. The latest LTC halving was a slightly different pattern: from <$2 it went to >$8 then back to $2 finally stabilized above $3.