Author

Topic: Litecoin Projections (Read 1319 times)

newbie
Activity: 14
Merit: 0
December 26, 2013, 11:51:06 PM
#2
If there are 21 million scheduled Bitcoins and 84 million scheduled Litecoins does that theoretically make Litecoin worth 1/4 of a Bitcoin? I know that Cryptocurrencies are all subjectively valued, but I feel like Litecoin possesses qualities that could make it the preferred coin for everyday transactions. At this rate, is it a wiser decision to hold Litecoin instead of Bitcoin, assuming that Litecoin has at least ~21% growing potential?
Litecoin does nothing that bitcoin can't do it just hasn't yet, partially because these changes don't make much drastic improvements. You can't judge a crypto currency simply on how many scheduled units there are, then shitcoin and crapcoin could be worth 5 times the amount of bitcoin. Also crypto currencies are a new and small field and dividing the market caps aren't helping us.
newbie
Activity: 3
Merit: 0
December 26, 2013, 11:41:18 PM
#1
If there are 21 million scheduled Bitcoins and 84 million scheduled Litecoins does that theoretically make Litecoin worth 1/4 of a Bitcoin? I know that Cryptocurrencies are all subjectively valued, but I feel like Litecoin possesses qualities that could make it the preferred coin for everyday transactions. At this rate, is it a wiser decision to hold Litecoin instead of Bitcoin, assuming that Litecoin has at least ~21% growing potential?
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