Scorpion_91
Open Trade
BNB Holder
Occasional Trader
4.3 Years
8 Following
36 Followers
50 Liked
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Good day to all, dear readers 🤝
I decided to share with you one idea (strategy) for the long term 😉
Please do not judge harshly, this is not financial advice, it is just my opinion.
Explanation:
My idea is to work with coin #BNB
The plan is designed for a long-term period, at least until 2030, that is, until the next boom.
As you already know, 50 #launchpool from Binance will happen soon, which could not attract the attention of people who want to get freebies. Rewards will be accrued for Staking BNB, FDUSD. And this usually increases the demand for BNB, which leads to its growth. I think that many people will agree with me that the Binance exchange is the leading exchange in the cryptocurrency market and no matter what anyone says, it worked as it did and will continue to work independently, no matter what fables people say about it. And BNB is its main blockchain, which also develops over the years and only increases its price and demand. Binance also realized that with the help of Launchpool, it increases the demand for its coin and the listed coin, as well as encourages and delights the users of its platform, so Launchpool will continue to be held.
For those who are interested in the course of my thoughts, I will publish the idea itself in the next publication.
I decided to share with you one idea (strategy) for the long term 😉
Please do not judge harshly, this is not financial advice, it is just my opinion.
Explanation:
My idea is to work with coin #BNB
The plan is designed for a long-term period, at least until 2030, that is, until the next boom.
As you already know, 50 #launchpool from Binance will happen soon, which could not attract the attention of people who want to get freebies. Rewards will be accrued for Staking BNB, FDUSD. And this usually increases the demand for BNB, which leads to its growth. I think that many people will agree with me that the Binance exchange is the leading exchange in the cryptocurrency market and no matter what anyone says, it worked as it did and will continue to work independently, no matter what fables people say about it. And BNB is its main blockchain, which also develops over the years and only increases its price and demand. Binance also realized that with the help of Launchpool, it increases the demand for its coin and the listed coin, as well as encourages and delights the users of its platform, so Launchpool will continue to be held.
For those who are interested in the course of my thoughts, I will publish the idea itself in the next publication.
See original
Factors Affecting the Price of BTC
Demand and Supply
Bitcoin has a limited supply – a total of 21 million coins. Currently, approximately 19.83 million BTC are in circulation, and the mining of the remaining coins is slowing down due to the halving mechanism (periodic reduction of rewards for miners). If the demand for BTC continues to rise while the supply remains limited, its price may increase rapidly.
Competition Among Cryptocurrencies
Although Bitcoin remains the dominant cryptocurrency, its market share is decreasing due to the growing popularity of Ethereum (ETH), Solana (SOL), Cardano (ADA), and other digital assets.
Mining Costs
The process of mining new BTC requires significant computational power and high electricity costs. The more complex the mining (due to rising network difficulty), the higher the cost of one coin. Factors affecting mining costs and the price of BTC include:
Electricity Prices. Rising energy costs make mining more expensive, which can raise the minimum economically viable price of BTC.
Regulation of Mining. Changes in rules or bans on mining in key regions (e.g., China) reduce the number of miners and the network's hash rate
$BTC
Demand and Supply
Bitcoin has a limited supply – a total of 21 million coins. Currently, approximately 19.83 million BTC are in circulation, and the mining of the remaining coins is slowing down due to the halving mechanism (periodic reduction of rewards for miners). If the demand for BTC continues to rise while the supply remains limited, its price may increase rapidly.
Competition Among Cryptocurrencies
Although Bitcoin remains the dominant cryptocurrency, its market share is decreasing due to the growing popularity of Ethereum (ETH), Solana (SOL), Cardano (ADA), and other digital assets.
Mining Costs
The process of mining new BTC requires significant computational power and high electricity costs. The more complex the mining (due to rising network difficulty), the higher the cost of one coin. Factors affecting mining costs and the price of BTC include:
Electricity Prices. Rising energy costs make mining more expensive, which can raise the minimum economically viable price of BTC.
Regulation of Mining. Changes in rules or bans on mining in key regions (e.g., China) reduce the number of miners and the network's hash rate
$BTC
See original
Bitcoin (BTC) Price Forecast 2025-2050
$BTC
Bitcoin (BTC) continues to dominate the cryptocurrency market, having evolved from an experimental asset to 'digital gold' with a market capitalization exceeding $2 trillion. In May 2025, BTC reached a new all-time high of around $109,400 (capitalization ~$2.16 trillion), temporarily surpassing companies like Amazon in market value [coindesk.com]. The sharp price increase occurs against the backdrop of another post-halving cycle: following the April 2024 halving, a bullish trend resumed, supported by a decrease in the influx of new coins and growing investor interest. Historically, each halving (the reduction of rewards for miners, occurring approximately every 4 years) has created a supply shortage and has been a precursor to the rise in Bitcoin's price. However, precise forecasting of the exchange rate is complicated by numerous factors—from macroeconomic conditions to technological trends and regulatory uncertainty. Below, we will explore the key factors affecting BTC's value and present Bitcoin price forecasts for 2025, 2030, 2040, and 2050 based on current data and expert opinions.
$BTC
$BTC
Bitcoin (BTC) continues to dominate the cryptocurrency market, having evolved from an experimental asset to 'digital gold' with a market capitalization exceeding $2 trillion. In May 2025, BTC reached a new all-time high of around $109,400 (capitalization ~$2.16 trillion), temporarily surpassing companies like Amazon in market value [coindesk.com]. The sharp price increase occurs against the backdrop of another post-halving cycle: following the April 2024 halving, a bullish trend resumed, supported by a decrease in the influx of new coins and growing investor interest. Historically, each halving (the reduction of rewards for miners, occurring approximately every 4 years) has created a supply shortage and has been a precursor to the rise in Bitcoin's price. However, precise forecasting of the exchange rate is complicated by numerous factors—from macroeconomic conditions to technological trends and regulatory uncertainty. Below, we will explore the key factors affecting BTC's value and present Bitcoin price forecasts for 2025, 2030, 2040, and 2050 based on current data and expert opinions.
$BTC
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New month, new opportunities 😃
The sending company from Pay is already working at full capacity and this month is giving out the BONK coin 😉
Who needs it 👉798-28🤟991👈 good luck to everyone 🤑
The sending company from Pay is already working at full capacity and this month is giving out the BONK coin 😉
Who needs it 👉798-28🤟991👈 good luck to everyone 🤑
See original
DESIGNATION
To shorten, the abbreviation BTC is often used instead of the word 'Bitcoin'. This notation is similar to currency codes; however, a similar code has not been assigned by the international standard ISO 4217. On October 7, 2014, the Bitcoin Foundation published plans to achieve standardization of the code for bitcoins. The notation BTC contradicts the accepted system in the standard — naming 'global goods' starting with X (for example, gold has the code XAU). The option XBT is considered as a candidate.
When referring to BTC or XBT, it means the unit of account, not the network, set of algorithms, or any other thing that belongs to them. The Bitcoin sign has been approved for inclusion in the planned Unicode standard version 9.0, and it has been assigned the number U+20BF[5]. Sometimes the symbol ฿ — the Thai baht sign is used, but it is not compatible with all encodings and fonts. The URI scheme 'bitcoin:' is officially included in the WHATWG specifications for HTML5. Bitcoin is also planned to be added to the list of currencies in Microsoft Excel 2016
#TradingAnalysis101
To shorten, the abbreviation BTC is often used instead of the word 'Bitcoin'. This notation is similar to currency codes; however, a similar code has not been assigned by the international standard ISO 4217. On October 7, 2014, the Bitcoin Foundation published plans to achieve standardization of the code for bitcoins. The notation BTC contradicts the accepted system in the standard — naming 'global goods' starting with X (for example, gold has the code XAU). The option XBT is considered as a candidate.
When referring to BTC or XBT, it means the unit of account, not the network, set of algorithms, or any other thing that belongs to them. The Bitcoin sign has been approved for inclusion in the planned Unicode standard version 9.0, and it has been assigned the number U+20BF[5]. Sometimes the symbol ฿ — the Thai baht sign is used, but it is not compatible with all encodings and fonts. The URI scheme 'bitcoin:' is officially included in the WHATWG specifications for HTML5. Bitcoin is also planned to be added to the list of currencies in Microsoft Excel 2016
#TradingAnalysis101
See original
DESIGNATION
To shorten, the abbreviation BTC is often used instead of the word "Bitcoin." This notation resembles currency codes; however, such a code has not been assigned by the international standard ISO 4217. On October 7, 2014, the Bitcoin Foundation published plans to achieve standardization of the code for bitcoins. The BTC notation contradicts the accepted system in the standard — to designate "global commodities" starting with X (for example, gold has the code XAU). The option XBT is being considered as a candidate.
When specifying BTC or XBT, it refers to the unit of account, not the network, set of algorithms, or any other entity related to them. The Bitcoin sign has been approved for inclusion in the planned Unicode standard version 9.0, and it has been assigned the number U+20BF[5]. Sometimes the symbol ฿ — the Thai baht sign — is used, but it is not compatible with all encodings and fonts. The URI scheme "bitcoin:" is officially included in the WHATWG specification for HTML5. Bitcoin is also planned to be added to the list of currencies in Microsoft Excel 2016
$BTC
To shorten, the abbreviation BTC is often used instead of the word "Bitcoin." This notation resembles currency codes; however, such a code has not been assigned by the international standard ISO 4217. On October 7, 2014, the Bitcoin Foundation published plans to achieve standardization of the code for bitcoins. The BTC notation contradicts the accepted system in the standard — to designate "global commodities" starting with X (for example, gold has the code XAU). The option XBT is being considered as a candidate.
When specifying BTC or XBT, it refers to the unit of account, not the network, set of algorithms, or any other entity related to them. The Bitcoin sign has been approved for inclusion in the planned Unicode standard version 9.0, and it has been assigned the number U+20BF[5]. Sometimes the symbol ฿ — the Thai baht sign — is used, but it is not compatible with all encodings and fonts. The URI scheme "bitcoin:" is officially included in the WHATWG specification for HTML5. Bitcoin is also planned to be added to the list of currencies in Microsoft Excel 2016
$BTC
See original
Pools
To reduce randomness and achieve a more uniform distribution of bitcoins, miners use specialized web services – pools (from English: Pool – common fund). Each participant searches for their version of a block and sends the results to the pool.
The pool receives rewards like a powerful solo miner. The bitcoins obtained are distributed among participants according to the rules set by the pool owner.
Standard client programs are oriented towards working with a complete transaction database. The client program can operate completely autonomously, like a full-fledged network. This mechanism ensures the network's operability without a dedicated server and central agent, but it requires maintaining a huge archive of all transactions. As of June 2015, the database size was over 42 GB. After the first launch, obtaining, analyzing, and storing the transaction database may take more than a day. If the number of transactions increases to levels comparable to currently popular payment systems, the problem of data storage and transmission may make it impossible to use standard software clients on most home computers.
#BitcoinPolicyShift
To reduce randomness and achieve a more uniform distribution of bitcoins, miners use specialized web services – pools (from English: Pool – common fund). Each participant searches for their version of a block and sends the results to the pool.
The pool receives rewards like a powerful solo miner. The bitcoins obtained are distributed among participants according to the rules set by the pool owner.
Standard client programs are oriented towards working with a complete transaction database. The client program can operate completely autonomously, like a full-fledged network. This mechanism ensures the network's operability without a dedicated server and central agent, but it requires maintaining a huge archive of all transactions. As of June 2015, the database size was over 42 GB. After the first launch, obtaining, analyzing, and storing the transaction database may take more than a day. If the number of transactions increases to levels comparable to currently popular payment systems, the problem of data storage and transmission may make it impossible to use standard software clients on most home computers.
#BitcoinPolicyShift
See original
DESIGNATION
To shorten, the abbreviation BTC is often used instead of the word "Bitcoin." This notation resembles currency codes; however, a similar code has not been assigned by the international standard ISO 4217. On October 7, 2014, the Bitcoin Foundation published plans to achieve standardization of the code for bitcoins. The BTC notation contradicts the accepted system in the standard, which names "global goods" starting with X (for example, gold has the code XAU). The option XBT is being considered as a candidate.
When referring to BTC or XBT, it means the unit of account, not the network, set of algorithms, or any other entity belonging to them. The Bitcoin sign has been approved for inclusion in the planned Unicode standard version 9.0, and it has been assigned the number U+20BF[5]. Sometimes the symbol ฿ — the Thai baht sign — is used, but it is not compatible with all encodings and fonts. The URI scheme "bitcoin:" is officially included in the WHATWG specifications for HTML5. Bitcoin is also planned to be added to the list of currencies in Microsoft Excel 2016
$BTC
To shorten, the abbreviation BTC is often used instead of the word "Bitcoin." This notation resembles currency codes; however, a similar code has not been assigned by the international standard ISO 4217. On October 7, 2014, the Bitcoin Foundation published plans to achieve standardization of the code for bitcoins. The BTC notation contradicts the accepted system in the standard, which names "global goods" starting with X (for example, gold has the code XAU). The option XBT is being considered as a candidate.
When referring to BTC or XBT, it means the unit of account, not the network, set of algorithms, or any other entity belonging to them. The Bitcoin sign has been approved for inclusion in the planned Unicode standard version 9.0, and it has been assigned the number U+20BF[5]. Sometimes the symbol ฿ — the Thai baht sign — is used, but it is not compatible with all encodings and fonts. The URI scheme "bitcoin:" is officially included in the WHATWG specifications for HTML5. Bitcoin is also planned to be added to the list of currencies in Microsoft Excel 2016
$BTC
See original
A gateway is any person or organization that allows users to deposit money into or withdraw money from the Ripple liquidity pool. The gateway accepts currency deposits from users and issues balances in the Ripple distributed ledger. Additionally, gateways redeem currency balances according to the ledger they hold when the currency is withdrawn. In practice, gateways are similar to banks, but they are connected by one global ledger known as the Ripple protocol. Depending on the type and degree of user interaction with the gateway, the gateway may have anti-money laundering (AML) or know your customer (KYC) policies that require verification of identification, address, nationality, etc., to prevent criminal activity. Popular gateways as of 2017 include: Bitstamp, Gatehub, Ripple Fox, Tokyo JPY, Mr. Ripple, RippleChina, and The Rock Trading.
Trustlines and Rippling
Users must "extend trust" to the Ripple gateway holding their deposit. This guide to creating a trustline procedure shows the Ripple network that the user is comfortable with the counterparty risk of the gateway. Additionally, the user must enter a quantitative limit on this trust and create similar limits for each currency deposited in this gateway.
$XRP
Trustlines and Rippling
Users must "extend trust" to the Ripple gateway holding their deposit. This guide to creating a trustline procedure shows the Ripple network that the user is comfortable with the counterparty risk of the gateway. Additionally, the user must enter a quantitative limit on this trust and create similar limits for each currency deposited in this gateway.
$XRP
See original
The development of the platform began in 2015, and the use of the platform started in 2017. The platform was developed by Charles Hoskinson, who was also a co-founder of Ethereum and BitShares.
The cryptocurrency Ada debuted with a market capitalization of 600 million dollars. By the end of 2017, it had a market capitalization of 10 billion dollars, and in 2018, it reached 33 billion dollars. As of 22:28 on 03.02.2023, the capitalization of the cryptocurrency stands at 13.9 billion dollars, making it the eighth-largest cryptocurrency by this metric.
The cryptocurrency Cardano uses its own blockchain called Cardano Settlement Layer (CSL). CSL is a distributed ledger layer for supporting transactions with cryptocurrency wallets. The second layer, called Cardano Computation Layer (CCL), will support smart contracts and decentralized applications. This multi-layered architecture allows for the simplification of protocol upgrades.
Financial state regulators are usually skeptical about the use of anonymous cryptocurrencies in the traditional financial system. To combat this phenomenon, the Cardano platform can optionally include metadata secured by cryptographic methods in the blockchain.
$ADA
The cryptocurrency Ada debuted with a market capitalization of 600 million dollars. By the end of 2017, it had a market capitalization of 10 billion dollars, and in 2018, it reached 33 billion dollars. As of 22:28 on 03.02.2023, the capitalization of the cryptocurrency stands at 13.9 billion dollars, making it the eighth-largest cryptocurrency by this metric.
The cryptocurrency Cardano uses its own blockchain called Cardano Settlement Layer (CSL). CSL is a distributed ledger layer for supporting transactions with cryptocurrency wallets. The second layer, called Cardano Computation Layer (CCL), will support smart contracts and decentralized applications. This multi-layered architecture allows for the simplification of protocol upgrades.
Financial state regulators are usually skeptical about the use of anonymous cryptocurrencies in the traditional financial system. To combat this phenomenon, the Cardano platform can optionally include metadata secured by cryptographic methods in the blockchain.
$ADA
See original
New month, which means new opportunities and promotions from Pay company 😉
This time a DOGS coin is being given as a reward 🤑
So let's help each other 😉
Let's go to the comments and leave our **
$DOGS
This time a DOGS coin is being given as a reward 🤑
So let's help each other 😉
Let's go to the comments and leave our **
$DOGS
See original
Hello everyone, friends 👋🤝
Good news, Binance has announced a new launchpool for acquiring the RED coin.
And do you know what that means?
It means that the price of the BNB coin will definitely not fall but will only rise, so this is a great opportunity to go long and earn a few USDT 😃 I think they won't be unnecessary for anyone 😉
$BNB
#LaunchpoolRED
Good news, Binance has announced a new launchpool for acquiring the RED coin.
And do you know what that means?
It means that the price of the BNB coin will definitely not fall but will only rise, so this is a great opportunity to go long and earn a few USDT 😃 I think they won't be unnecessary for anyone 😉
$BNB
#LaunchpoolRED
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Hello everyone 👋
Has anyone already received the IR reward?
Please respond, I need help.
Has anyone already received the IR reward?
Please respond, I need help.
See original
Ethereum (from English Ether [iːθə] - "ether", code ETH), Ethereum, (often simply "ether" or "ether") - a cryptocurrency and a platform for creating decentralized online services (DApps) on the blockchain, operating on the basis of smart contracts. Implemented as a single decentralized virtual machine. The idea was formed by Vitalik Buterin in 2013. ETH works as a transaction fee for miners on the network.
Ethereum is a pioneer in the use of smart or intelligent contracts based on blockchains. When running on a blockchain, a smart contract becomes similar to a self-contained computer program that automatically executes when certain conditions are met. On a blockchain, smart contracts allow code to work exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. It can facilitate the exchange of money, content, property, shares or any other value.
The Ethereum network went live on July 30, 2015, with the issuance of the first 72 million Ethereum. Because Ethereum greatly simplifies and reduces the cost of blockchain implementation, it is being implemented by both large players such as Microsoft, IBM, Acronis, the banking consortium R3, and new startups.
#VIRTUALWhale
Ethereum is a pioneer in the use of smart or intelligent contracts based on blockchains. When running on a blockchain, a smart contract becomes similar to a self-contained computer program that automatically executes when certain conditions are met. On a blockchain, smart contracts allow code to work exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. It can facilitate the exchange of money, content, property, shares or any other value.
The Ethereum network went live on July 30, 2015, with the issuance of the first 72 million Ethereum. Because Ethereum greatly simplifies and reduces the cost of blockchain implementation, it is being implemented by both large players such as Microsoft, IBM, Acronis, the banking consortium R3, and new startups.
#VIRTUALWhale
See original
Ethereum (from English Ether [iːθə] — "ether", code ETH), Ethereum, (often simply "ether") — a cryptocurrency and platform for creating decentralized online services (DApps) based on blockchain that operate on the basis of smart contracts. Implemented as a single decentralized virtual machine. The idea was formulated by Vitalik Buterin in 2013. ETH serves as a transaction fee for miners in the network.
Ethereum is a pioneer in the use of smart or intelligent contracts based on blockchains. When a smart contract is deployed on the blockchain, it becomes similar to a self-executing computer program that automatically runs when certain conditions are met. On the blockchain, smart contracts allow code to run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. It can facilitate the exchange of money, content, property, shares, or any other values.
The Ethereum network launched on July 30, 2015, with the release of the first 72 million Ethereum. As Ethereum greatly simplifies and reduces the costs of blockchain implementation, it is being adopted by both major players such as Microsoft, IBM, Acronis, the banking consortium R3, and new startups.
$ETH
Ethereum is a pioneer in the use of smart or intelligent contracts based on blockchains. When a smart contract is deployed on the blockchain, it becomes similar to a self-executing computer program that automatically runs when certain conditions are met. On the blockchain, smart contracts allow code to run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. It can facilitate the exchange of money, content, property, shares, or any other values.
The Ethereum network launched on July 30, 2015, with the release of the first 72 million Ethereum. As Ethereum greatly simplifies and reduces the costs of blockchain implementation, it is being adopted by both major players such as Microsoft, IBM, Acronis, the banking consortium R3, and new startups.
$ETH
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The difficulty of calculating Litecoin is set in such a way that, on average, one block is generated every 2.5 minutes, which is four times faster than Bitcoin, allowing for quicker transaction confirmations. A transaction is generally considered complete after 6 blocks, or 15 minutes.
The issuance of Litecoin is algorithmically limited. The maximum amount of litecoin that will enter circulation exceeds the maximum number of bitcoin by 4 times (84 million versus 21 million). The initial reward for each block is 50 litecoin. The generation rate of litecoin is halved every 840,000 blocks, which is 4 times more blocks than Bitcoin. Since litecoin blocks are formed 4 times faster than bitcoin blocks, this means their issuance and reward rates will be similar. For example, by 2020, about 3/4 of all litecoin will have been generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Transactions predominantly occur on online exchange platforms. Reversible transactions (for example, via bank cards) are usually not used to purchase Litecoin due to concerns about chargebacks, as transactions involving the transfer of the actual Litecoin are irreversible.
#GasFeeImpact
The issuance of Litecoin is algorithmically limited. The maximum amount of litecoin that will enter circulation exceeds the maximum number of bitcoin by 4 times (84 million versus 21 million). The initial reward for each block is 50 litecoin. The generation rate of litecoin is halved every 840,000 blocks, which is 4 times more blocks than Bitcoin. Since litecoin blocks are formed 4 times faster than bitcoin blocks, this means their issuance and reward rates will be similar. For example, by 2020, about 3/4 of all litecoin will have been generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Transactions predominantly occur on online exchange platforms. Reversible transactions (for example, via bank cards) are usually not used to purchase Litecoin due to concerns about chargebacks, as transactions involving the transfer of the actual Litecoin are irreversible.
#GasFeeImpact
See original
The difficulty of mining Litecoin is set in such a way that, on average, one block is generated every 2.5 minutes, which is four times faster than Bitcoin, allowing for quicker transaction confirmations. A transaction is typically considered complete after 6 blocks, or 15 minutes.
The issuance of Litecoin is algorithmically limited. The maximum amount of litecoin that will be in circulation exceeds the maximum number of bitcoin by 4 times (84 million vs 21 million). The initial reward for each block is 50 litecoin. The rate of generation of litecoin is halved every 840,000 blocks, which is 4 times more blocks than with Bitcoin. Since Litecoin blocks are formed 4 times faster than Bitcoin blocks, this means that their issuance and reward rates will be similar. For example, by 2020, about 3/4 of all litecoin will have been generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Exchanges primarily take place on online trading platforms. Reversible transactions (e.g., via bank cards) are usually not used for purchasing Litecoin due to concerns about chargebacks, as transactions involving the transfer of Litecoin itself are irreversible.
#GasFellImpact
The issuance of Litecoin is algorithmically limited. The maximum amount of litecoin that will be in circulation exceeds the maximum number of bitcoin by 4 times (84 million vs 21 million). The initial reward for each block is 50 litecoin. The rate of generation of litecoin is halved every 840,000 blocks, which is 4 times more blocks than with Bitcoin. Since Litecoin blocks are formed 4 times faster than Bitcoin blocks, this means that their issuance and reward rates will be similar. For example, by 2020, about 3/4 of all litecoin will have been generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Exchanges primarily take place on online trading platforms. Reversible transactions (e.g., via bank cards) are usually not used for purchasing Litecoin due to concerns about chargebacks, as transactions involving the transfer of Litecoin itself are irreversible.
#GasFellImpact
See original
The difficulty of calculating Litecoin is adjusted so that, on average, one block is generated every 2.5 minutes, which is four times faster than Bitcoin, allowing for quicker transaction confirmations. A transaction is generally considered complete after 6 blocks, or 15 minutes.
The issuance of Litecoin is algorithmically limited. The maximum amount of litecoin that will enter circulation exceeds the maximum number of bitcoin by four times (84 million vs. 21 million). The initial reward for each block is 50 litecoin. The rate of generation of litecoin is halved every 840,000 blocks, which is four times the number of blocks compared to Bitcoin. Since litecoin blocks are formed four times faster than bitcoin blocks, this means their issuance and reward rates will be similar. For example, by 2020, about 3/4 of all litecoin will be generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Exchanges predominantly occur on online trading platforms. Reversible transactions (such as through bank cards) are generally not used for purchasing Litecoin due to concerns about chargebacks, as transactions involving the transfer of Litecoin itself are irreversible.
#WalletActivityInsights
The issuance of Litecoin is algorithmically limited. The maximum amount of litecoin that will enter circulation exceeds the maximum number of bitcoin by four times (84 million vs. 21 million). The initial reward for each block is 50 litecoin. The rate of generation of litecoin is halved every 840,000 blocks, which is four times the number of blocks compared to Bitcoin. Since litecoin blocks are formed four times faster than bitcoin blocks, this means their issuance and reward rates will be similar. For example, by 2020, about 3/4 of all litecoin will be generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Exchanges predominantly occur on online trading platforms. Reversible transactions (such as through bank cards) are generally not used for purchasing Litecoin due to concerns about chargebacks, as transactions involving the transfer of Litecoin itself are irreversible.
#WalletActivityInsights
See original
Litecoin's computational complexity is chosen so that, on average, one block is generated in 2.5 minutes, which is four times faster than Bitcoin, which allows for faster transaction confirmations. A transaction is usually considered complete after 6 blocks, or 15 minutes.
Litecoin's emission is algorithmically limited. The maximum number of litecoins that will enter circulation exceeds the maximum number of bitcoins by 4 times (84 million versus 21 million). The initial reward for each block is 50 litecoins. The rate of litecoin generation is halved every 840,000 blocks, which is 4 times more blocks than Bitcoin. Since litecoin blocks are formed 4 times faster than bitcoin blocks, this means that their emission rates and rewards will be similar. For example, by 2020, about 3/4 of all litecoins will be generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Exchanges are mostly done on online exchange platforms. Reversible transactions (e.g. via bank cards) are usually not used to buy Litecoin due to concerns about chargebacks, as Litecoin transfer transactions themselves are irreversible.
#TokenMovementSignals
Litecoin's emission is algorithmically limited. The maximum number of litecoins that will enter circulation exceeds the maximum number of bitcoins by 4 times (84 million versus 21 million). The initial reward for each block is 50 litecoins. The rate of litecoin generation is halved every 840,000 blocks, which is 4 times more blocks than Bitcoin. Since litecoin blocks are formed 4 times faster than bitcoin blocks, this means that their emission rates and rewards will be similar. For example, by 2020, about 3/4 of all litecoins will be generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Exchanges are mostly done on online exchange platforms. Reversible transactions (e.g. via bank cards) are usually not used to buy Litecoin due to concerns about chargebacks, as Litecoin transfer transactions themselves are irreversible.
#TokenMovementSignals
See original
Litecoin's computational complexity is chosen so that, on average, one block is generated in 2.5 minutes, which is four times faster than Bitcoin, which allows for faster transaction confirmations. A transaction is usually considered complete after 6 blocks, or 15 minutes.
Litecoin's emission is algorithmically limited. The maximum number of litecoins that will enter circulation exceeds the maximum number of bitcoins by 4 times (84 million versus 21 million). The initial reward for each block is 50 litecoins. The rate of litecoin generation is halved every 840,000 blocks, which is 4 times more blocks than Bitcoin. Since litecoin blocks are formed 4 times faster than bitcoin blocks, this means that their emission rates and rewards will be similar. For example, by 2020, about 3/4 of all litecoins will be generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Exchanges are mostly done on online exchange platforms. Reversible transactions (e.g. via bank cards) are usually not used to buy Litecoin due to concerns about chargebacks, as transactions to transfer Litecoin itself are irreversible.
#ActiveUserImpact
Litecoin's emission is algorithmically limited. The maximum number of litecoins that will enter circulation exceeds the maximum number of bitcoins by 4 times (84 million versus 21 million). The initial reward for each block is 50 litecoins. The rate of litecoin generation is halved every 840,000 blocks, which is 4 times more blocks than Bitcoin. Since litecoin blocks are formed 4 times faster than bitcoin blocks, this means that their emission rates and rewards will be similar. For example, by 2020, about 3/4 of all litecoins will be generated.
Litecoin can be exchanged for both fiat money and other cryptocurrencies. Exchanges are mostly done on online exchange platforms. Reversible transactions (e.g. via bank cards) are usually not used to buy Litecoin due to concerns about chargebacks, as transactions to transfer Litecoin itself are irreversible.
#ActiveUserImpact
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