3/06 ANDY HOFFMAN (CryptoGoldCentral.com): Is Litecoin Starting To Discount the August 2019 Halving Already?

in #andyhoffman5 years ago

Capital markets typically “discount” future events six months or so ahead of time – thus, it makes sense that Litecoin is starting to rise roughly six months ahead of its August 2019 halving. There are myriad other factors involved in the cryptocurrency markets, of course – starting with the bear market that may or may not be over, that investors are still wary of, with good reason.

However, a halving of supply is a real physical factor to contend with – and if Litecoin’s recent surge is in fact predominantly due to this reason, it is a very positive development for cryptocurrency in general…particularly as the May 2020 Bitcoin halving is just eight months later.

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