Litecoin cleavage will benefit Bitcoin more

In Litecoin, the countdown to the half-time block awards will be reduced by half. The crypto money forecast will be reduced to 12.5 LTC, which is currently 25 LTC on August 6, 2019.

Litecoin has been pricing this expected for some time now. LTC, which declined to $ 20 in December 2018, increased by 300 percent to $ 80 in the four months that passed.

According to the news in AMB Crypto, Vays, speaking at a meeting in Philadelphia, suggested that the split would lead to a decline for Litecoin and a rise for Bitcoin.

Vays, Bitcoin In the case of Litecoin, the scarcity is not an important factor, he said, adding that the half-heel often reminds the miners of scarcity and that this raises the price.

The Litecoin split should remind the market that Litecoin mining has no value in the current market. Ist Vays believes that the Bitcoin split will create opportunities for miners

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