Ninjastic
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Board Speculation (Altcoins)
Re: 100 days before halving
by
shinratensei_
on 03/05/2019, 07:56:04 UTC
Quote from: roosbit on May 03, 2019, 06:56:16 AM
Quote from: Kang TB on April 28, 2019, 10:48:55 AM
-snip-
https://cryptoslate.com/upcoming-block-reward-halving-could-give-litecoin-a-boost

i'm sure this halving even could make litecoin price rising hard, and maybe this could be another sign from the bull
and now is the best time to collect more litecoin  Wink

In spite of this litecoin halving process having to reduce the rewards which theoretically means reduced supply, this can not have an immediate effect on price as demand isn't constantly there.

But we all expect a slight surge in prices.
It will not reduce the supply but less litecoin will have distributed to the market and that will decrease the inflation that prevents the price of litecoin to go up. A simple theory about that the miners will dump fewer coins to the market.