1 LCC is one-thousandth of 1 Litecoin. If it goes to $2, it will still be one-hundredth of 1 Litecoin. Even at $10, it will still be only one-fiftieth of 1 Litecoin. There's potential, but it depends on how serious DEV team is to pump it and have it listed on major exchanges.
1 LTC = 10 LCC
You need to redo your math.
WTS 10 LCC for 1LTC
can we find an escrow or shall we use Bitrated?
That's what we got from the fork, for every litecoin we now have 10 litecoin cash.
That's what I was pointing out to previous poster, if LCC goes to $10 it means each pre-fork litecoin is worth whatever 1 litecoin is worth plus 10 x $10, it would put LCC more valuable then current bitcoin forks except for bcash.
no, your argument is flawed.
Care to elaborate?
the price of 1LTC does not equal the price of 10LCC.
you've gone full-retard on this one mate.
I believe you're missing the point.
Cold storage litecoins or pre-forks litecoins now worth 1 LTC + 10 LCC, because that's what we got from the fork.
So, if 1 LTC = $150 and 1 LCC = $10, it means 1 pre-fork litecoin is worth $150 + 10 * $10 which is equal to $250.
This would put the LCC network at $5.6 billion mcap, right below litecoin network at $8.5 billion and above all bitcoin forks except for bcash.
Previous poster wrote 'Even at $10, it will still be only one-fiftieth of 1 Litecoin' and I pointed out the problem with that because you need to have supply and mcap into account.
see previous response.
1LCC = 0.00002429 BTC
10LCC = 0.0002429 BTC
1LTC = 0.01631460 BTC
full retard.
1 LCC = 1 LCC
10 LCC = 10 LCC
1 pre-fork LTC = 1 LTC + 10 LCC
