Post
Topic
Board Speculation (Altcoins)
Re: Litecoin halving 2019 in 2 month
by
snakey
on 28/09/2019, 09:24:36 UTC
Litecoin completely down
This harrowing price trend goes against the community’s sentiment that halvings drive up the price of cryptocurrencies. You see, halvings are a negative supply shock to the market of a cryptocurrency, and should thus lead to an appreciation in price if demand for said digital asset grows.
Halving will add no merit to the litecoin current market situation, People will eventually dump it. Litecoin offers no extra notable features than bitcoin.
The litecoin future was already down when Charlee dumped his substantial holding back previous year.