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When will Litecoin be mined completely (How much was Litecoin worth at the beginning)?

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When will Litecoin be mined completely? When will Litecoin be mined completely?

When will Litecoin be mined completely (How much was Litecoin worth at the beginning)?

When will Litecoin be mined completely? When will Litecoin be mined completely?

Litecoin founder Charlie Lee: LTC is the most profitable coin this year, currently priced close to $1. Before December 19, 2017, I estimated that everyone felt like they made money (because at that time the price of Bitcoin exceeded $20,000). But as the market developed, many people began to see it as a gambling tool. And now we also see many people buying some altcoins in order to chase higher prices. They use these altcoins to pay for electricity and mining fees but because their costs are very low, they won’t invest in altcoins. Therefore, there is a great demand for altcoins, and if there is not enough investment, they will not have any further room for growth.

So, in this bull market, are people too optimistic about Bitcoin? The answer is definitely yes, and I believe that in the next few years, it will rise as fast as it is now. Therefore, whether you believe in Bitcoin or other cryptocurrencies, whether it is a good thing or a bad thing, it should not be taken lightly because many projects in this industry actually do not have much technical strength. They just feel that they cannot solve some practical problems. (The above content is for reference only and not for trading purposes).

How much was Litecoin worth at the beginning?

According to Bitstamp data, the price of LTC was $90.04 (about $63,700).

Litecoin is the world’s first blockchain-based currency. Its issuance purpose is to solve some problems existing in the current market. Firstly, Litecoin is a new type of cryptocurrency that allows users to transact with fiat currencies, digital assets, and other virtual commodities without a bank account. Secondly, Bitcoin as a means of payment can also be used for payments and transactions through smartphones. The third is Ethereum, which makes its proof-of-work mechanism more environmentally friendly.

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