Bitcoin Forum
June 15, 2024, 01:04:45 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Litecoin Projections  (Read 1287 times)
KommandoComputers (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
December 27, 2013, 04:41:18 AM
 #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?
bitcoinguru42
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
December 27, 2013, 04:51:06 AM
 #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.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!