Topic: Should I invest in Litecoin now or invest in bitcoin? - page 6. (Read 577 times)
I think have the potential yes but to replace bitcoin in the future is not, but if to compete fiercely with ethereum may be. this will be very interesting, if you choose bitcoin investment or litecoin you should choose litecoin because the price is still cheap.
Litecoin was one of the first altcoins to appear so it was heavily inspired by the ideas behind Bitcoin. In fact, it is made to be the currency that will address the major drawbacks of Bitcoin. It is 4x faster (2.5 vs 10 minutes for releasing a block) and mining is somewhat easier.
It certainly has been over the years, even though there were short term fluctuations that are inevitable for any currency. But at the end of the day, it has always been in the top 5 cryptocurrencies.
It is traded on almost all reputable exchanges, so it’s very easy to get a hold of it. However with the current price at $151 only did you think it has a high probability of increasing in price drastically possibly competing with bitcoin in the future as a means of storing value??
It certainly has been over the years, even though there were short term fluctuations that are inevitable for any currency. But at the end of the day, it has always been in the top 5 cryptocurrencies.
It is traded on almost all reputable exchanges, so it’s very easy to get a hold of it. However with the current price at $151 only did you think it has a high probability of increasing in price drastically possibly competing with bitcoin in the future as a means of storing value??
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