Litecoin Halving 2019
Litecoin is an open source and decentralized cryptocurrency like bitcoin which was designed by charlie lee the creator of litecoin in 2011. Some people believe that the halving is already priced in by the market and thus theres no expectation for the price to do anything.
Proyeksi Harga Litecoin Menyambut Halving 2019 Analisa Forex
Litecoin halving is quite similar to bitcoin halving for example its motive the underlying process and many morebut first what is litecoin halving and why are some people fearing it.
Litecoin halving 2019. The second halving event occurred on the 5th of august 2019 at block height 1680000. Litecoins halving will see the block reward miners receive for securing the network and validating blocks cut in half hence the halving name to just 125 ltc. The price of litecoin ltc broke below the 100 support level. Litecoin price might increase in the coming months due to its scheduled halving in 2019 and thats a perfect reason to invest in it. Mati greenspan at matigreenspan june 10 2019. But as the event itself has neared. As they have a positive correlation the rise of the former mean litecoin stands to expand. However it is early august litecoin halving that is drawing demand for the asset as investors prepare for scarcity. Recently the bears took over the market and all the top cryptos in the market plunged heavily. Hype around litecoins so called halving which has been trumpeted as a catalyst for reducing future supply helped more than quadruple its price this year. Hype and anticipation have continued to build ever since the markets reversal in january. Litecoins second halving is now less than one month away. Occurring roughly every four years litecoin halvings aim to preserve litecoins purchasing power. Such an event tends to offset supply and demand of the asset and is an event that investors front run in anticipation. One of them is bitcoins prices bottoming up.
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