I made this website displaying theoretical values of litecoin based on different ratios in relation to bitcoin. It is tied to the current price of BTC and updates every five minutes or so. It utilizes the current number of mined coins from both chains as well as the theoretical market capitalization resulting therein. Hopefully this will serve to bring some clarity to the Litecoin market.
Some of you will find this a waste of time. Some of you will look at it and go, "humph". Others will hold it up as the holy grail.... or maybe not. Anyway, no need for nasty comments. I just want to contribute to the conversation and community. In reality these numbers dont mean anything any way. It was just a project for me to learn some javascript. They're just here to spark even more discussion and debate... and maybe even some hope.
I know there are all sorts of reasons why prices are what they are, but this website assumes all things are equal and that litecoin is just as useful and prevalent as BTC... which they are currently not. I personally believe that a boost in price is a direct reflection of the hard work put in to make litecoin usable and great.
Also, this is my first project involving javascript... and the calculations are updated via google spreadsheets... so it's a pretty crude way of doing things and not always failsafe, but it works... and without a server.
http://ltc.rynmln.me
