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After posting a 2019 high of $146 on June 22nd, Litecoin has plunged to a low of $84.88 on July 15th. That’s a drop of over 41 percent in less than a month. Litecoin Price May Crash Near Halving ...
In October 2011, he released Litecoin on Bitcointalk. [7] He had written the blockchain technology based on Bitcoin in his spare time while employed at Google. He released Litecoin to the public after mining only 150 coins. [5] Lee has stated that he did not intend to compete with Bitcoin but meant Litecoin to be used for smaller transactions. [6]
Garzarelli's fund, Smith Barney Shearson Sector Analysis, was established just before the crash. Thanks to all the free publicity she got from being interviewed as a prognosticator, investors soon poured $700 million into this fund. In 1988, Garzarelli's fund was the worst-performing fund among growth stock funds.
Skipping ahead to 2025, most analysts predict that litecoin will have a bright future. Changelly predicts that litecoin could go as high as $214.08, with a minimum of $182.44.
Financial astrology (also known as business astrology, economic astrology, and/or astro-economics) is a pseudoscientific practice of relating the movements of celestial bodies to events in financial markets.
Preparing for a crash In an interview with New York Magazine's Intelligencer last year,Spitznagel likened the Fed's “constant monetary intervention” to forest fire suppression.
The rise in mortgage rates made the housing market “depressed” and “more unaffordable,” Gary Shilling, an economist best known for correctly forecasting the 2008 housing crash, said in a ...
Kelly predicted in 2006 that property prices were going to crash by 50% based on empirical evidence of past property crashes. Kelly has garnered praise from fellow economists for his prediction of the collapse of the property market. [4] In July 2007, Taoiseach Bertie Ahern implicitly criticised Kelly for his articles predicting a property crash: