Quote from: Snail2 on March 23, 2016, 02:54:55 PM

Quote from: OmegaStarScream on March 21, 2016, 04:04:39 PM

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.

With litecoin, the $8 peak was before the halving, and it was because of some huge Chinese ponzi scheme, after halving price went down from $3.3 to $2.8, and it has been moving around $3.