The Leyte currency fell sharply today
According to the domestic bitcoin, lightcoin trading platform bitcoin China and fire coin network quotation: at present, the price of lightcoin is about 58 yuan
recently, e to the FBI auction of bitcoin and the rumor that the Bank of communications will thoroughly investigate the account number of bitcoin trading platform and the impact of bitcoin core developers' outcry for stagnation in the development of bitcoin basic protocol, the prices of bitcoin and lightcoin have dropped. Among them, the price of lightcoin has not been affected by the rising price of bitcoin. The price is moderate and keeps growing slowly. When the price of bitcoin falls, lightcoin still falls
extended data:
design purpose
based on bitcoin protocol, but different from bitcoin, even at the present stage, it can efficiently "mine" through consumer hardware. Liteoin provides you with faster transaction confirmation (2.5 minutes on average). It uses hard memory and mining workload proof algorithm based on scrypt (an encryption algorithm). It is oriented to ordinary computer and graphics processor (GPU) used by most people. The litecain network is expected to proce 84 million currency units
one of the design purposes of litecoin is to provide a mining algorithm, which can be run simultaneously on the bitcoin mining machine. With the rise of application specific integrated circuits (ASIC) designed for bitcoin mining, litecoin is also closely following the technological evolution. But before the widespread use of litecoin currency, it is unlikely that there will be an application specific integrated circuit (ASIC) specially designed for litecoin
After a month long correction, the price of Leyte currency has directly dropped by about 50%. Fortunately, the currency has finally stopped the downward trend. Nevertheless, it is still hard to say whether this currency and other competitive currencies will start to rise or continue to decline in the next few weeks, and whether it is possible to break the rock bottom price
on the 1-hour table of Leyte to bitcoin, we can see more clearly that the recent breakthrough occurred near 0.083cong, and then brought a rapid rise of 15%. On the Maxx momentum indicator, the green bar chart clearly shows that the buying momentum has turned upward. The 50 day moving average is now touching the 0.088 Cong control point, which may bring the price back to this range in the short term
in the past 48 hours, the competitive currencies in the whole market showed some urgent rising momentum after continuously breaking the low point
the bank has analyzed for a long time, and it is very important to monitor the correlation between the price trend of lightcoin and bitcoin. The relationship is particularly useful when trying to measure market traffic and whether a competitor is really worth trading. Generally speaking, when bitcoin moves rapidly in any direction, whether upward or downward, it is difficult for competitive currencies to stabilize, because their volatility is far less than that of bitcoin. Therefore, when bitcoin consolidates and develops horizontally, it is the best way for competitive currencies to move higher
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has no real value, and the state does not recognize that it depends on speculation. In the end, it's nothing
according to foreign media reports, on Monday, the price of bitcoin fell to $2526.4, with a maximum decline of 14.5%, which created the biggest decline since January 2015. A few days ago, the price of bitcoin just broke the $3000 mark, a new record, but then plummeted by more than 30%. As of the 16th of this week, the market value of bitcoin has evaporated $10 billion, almost equal to the market value of social software Twitter's $12 billion
the other reasons for the sharp decline include the sharp decline of US technology stocks and the poor outlook of investment banks on the special currency. Morgan Stanley said that "the virtual currency is like the currency of the wild west", which needs to be regulated before it can continue to rise. The previous price surge may be caused by speculation and not easy to sell
it is worth mentioning that bitcoin is not the only one that has plummeted. It is said that the prices of other digital currencies have also fallen considerably
there are risks in investment, so you need to be careful when entering
According to the data of okcoin, a well-known digital asset trading platform in China, the price of bitcoin rose steadily from the opening of the market yesterday (August 1) to 14:00 p.m. in Asia, and there was no significant fluctuation in the market. After 15:00 p.m., the price began to jump up and down, and fluctuated violently. At 8:20 p.m., the first BCC was born, The currency price fell sharply, from the highest of 19848 to the lowest of 17750. The biggest drop in one minute was more than 2000 points, and then graally calmed down. As of today's press release, the currency price is still running near yesterday's low, with the latest trading around 18000{ RRRRR}
within the day, at the 4-hour level, the moving average system (5, 10, 20) is running in a winding state as a whole, and there is no clear direction. Compared with the previous rebound, the recent rebound strength has a more obvious attenuation phenomenon. At the same time, the MACD index multi head energy column is also shrinking, and the weak situation of this level will not change; In one hour level, the price continues to fluctuate at a low level after a pulse positive line, and there is still no direction to choose at present.
to sum up, the new round of price rebound after touching the support is obviously weak compared with the previous several times, and at the same time, the price has not been able to pull out the positive line at a low level, which itself shows that the market bulls are seriously short of sustainability at this stage, Therefore, it is not appropriate to participate blindly. Pay close attention to the 292 line of long short watershed in the day, do not intervene before this price has not effectively stabilized; Below can temporarily focus on 255 line support platform, prices fall again to this area, stop falling can be short-term light positions to participate in, strict stop loss