Bit Coins Vs Lite Coins

[donbu7]

Do you think lite coins will ever cost the same as bit coins? what is the difference betwen them, and the pros and cons of each one.

Regards

[branehans]

Lite coin will never be like bitcoin, bitcoin is mainstream digital currency

[El_Happy]

I don't think so, litecoin is a good coin, but bitcoin is better and taken a lot of time to the people start to trust it, that's why bitcoin is now in $300 bucks.

[windgypsy]

Litecoin was released to the public 33 months after Bitcoin and has a currency dilution four times
that of Bitcoin, that must be absorbed by the market place.
I suspect Litecoin to take a minimum of eight years to reach the market maturity and public acceptance
that Bitcoin has reached so far.

[Steveia]

Litecoin was released to the public 33 months after Bitcoin and has a currency dilution four times
that of Bitcoin, that must be absorbed by the market place.
I suspect Litecoin to take a minimum of eight years to reach the market maturity and public acceptance
that Bitcoin has reached so far.

I suspect you are right.

[MineNerd]

I just don't see it ever reaching the same value as bitcoin. However, it wouldn't surprise me at all if it hit $25-$50 someday.

[rednazbtc]

I would be surprised.

[monbux]

Do you think lite coins will ever cost the same as bit coins? what is the difference betwen them, and the pros and cons of each one.

Regards

Nope.  Litecoin is modeled FROM bitcoin, it would be quite ironic if it were to surpass it.
The highest I see it going is a few bitcents.

[Gator-hex]

Litecoin is Bitcoin v2.0 with all the bugs worked out.

No 51% attack vulnerability.
Lower/quicker transaction cost.
No FPGAs & ASICs (the printing press remains in the hands of the people with a bog standard PC)

Litecoin is a better crypto-currency, it just doesn't have the market awareness right now.

There's a possibility that mining power centralization will eventually kill Bitcoin as big players, like the Winklevoss Twins, move in. Then there's a chance Litecoin will become the crypt-currency communities new champion.