The amount of available silver bullion (30,000 T) is roughly half that of gold bullion (60,000 T). Is the price of silver double that of Gold?
Based on these metrics why is the price of Silver 1/65th of Gold?
Total gold 166,000 T
Gold bullion 60,000 T
Gold Production 2,800 T /annually
Total Silver 777,000 T
Silver Bullion 30,000 T
Silver Production 30,000 T / annually
Total Silver 4.7x Gold
Silver Bullion 0.5x Gold
Silver Production 10.7x Gold
Gold Price ~$1300
Silver Price: ~$20
Gold/Silver Ratio: 65:1
Topic: Litecoin Price to hit $25? - page 6. (Read 12572 times)
There's only roughly double Litecoins than Bitcoins in existence. So that would be more like $50 if they were both in equal demand. That is the big if. Coin supply is only half the equation, coin demand is the other half 
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There will be 4x as many Litecoins as there are Bitcoins.
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Why would the ltc markets be equals to the btc one? No reason...
Didn't say equal. Said 1/4th. And why?
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There will be 4x as many Litecoins as there are Bitcoins.
An value of 1/4 Btc means equal in market cap to Bitcoin as there are 4 times more Litecoins.
Just as 8*1/4 = 2 and 2*1 = 2
Hint: It will not happen.
Will LTC replace BTC as number one?
Just make alchain with just 1 coin. You can sell it for many millions.
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There will be 4x as many Litecoins as there are Bitcoins.
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Why would the ltc markets be equals to the btc one? No reason...
Didn't say equal. Said 1/4th. And why?
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There will be 4x as many Litecoins as there are Bitcoins.
And Bitcoin has 4000X as many businesses that accept it.
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There will be 4x as many Litecoins as there are Bitcoins.
Quote
Why would the ltc markets be equals to the btc one? No reason...
Didn't say equal. Said 1/4th. And why?
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There will be 4x as many Litecoins as there are Bitcoins.
Bitcoin is petrol
Litecoin is diesel
forget 25$, it will hardly go upto 10$ this year.
Litecoin is diesel
forget 25$, it will hardly go upto 10$ this year.
No chance in hell to hit 25$ soon. Maybe when BTC is going to be 500$.
There will be 4x as many Litecoins as there are Bitcoins.
Would it stand to reason that the price of Litecoin would ultimately hover somewhere around 1/4 that of Bitcoin?
Therefore when Litecoin hits mainstream .... such as the first step - MtGox adding it .... its price may very well hit $25? (1/4 of BTC)
Or is that just a bunch of malarchy
-Burger-
Would it stand to reason that the price of Litecoin would ultimately hover somewhere around 1/4 that of Bitcoin?
Therefore when Litecoin hits mainstream .... such as the first step - MtGox adding it .... its price may very well hit $25? (1/4 of BTC)
Or is that just a bunch of malarchy
-Burger-
No.
Why would the ltc markets be equals to the btc one? No reason...
There will be 4x as many Litecoins as there are Bitcoins.
Would it stand to reason that the price of Litecoin would ultimately hover somewhere around 1/4 that of Bitcoin?
Therefore when Litecoin hits mainstream .... such as the first step - MtGox adding it .... its price may very well hit $25? (1/4 of BTC)
Or is that just a bunch of malarchy
-Burger-
Would it stand to reason that the price of Litecoin would ultimately hover somewhere around 1/4 that of Bitcoin?
Therefore when Litecoin hits mainstream .... such as the first step - MtGox adding it .... its price may very well hit $25? (1/4 of BTC)
Or is that just a bunch of malarchy
-Burger-
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