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Author Topic: Litecoin is silver, will bitcoin remain the gold of crypto?  (Read 27085 times)

Offline elbans89

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #45 on: July 31, 2020, 04:32:16 PM »
Gold is a precious metal with an extremely limited supply, and silver is a precious metal, limited in supply, but not to the degree of gold. The historic gold/silver ratio is right around 16:1, meaning 16 ounces of silver would equal 1 ounce of gold. The current ratio of gold to silver is approximately 64:1, or 0.015625. Bitcoin was designed to be a digital equivalent of gold, and thus has an extremely limited supply, and is “mined” in a digital representation of gold mining. Litecoin is limited in supply, but not to the degree of Bitcoin. The designed ratio between BTC and LTC is 4:1, meaning that in the ultimate final count, there will be four litecoins for every one bitcoin. If this is true, can bitcoin remain the gold while other coin/token be silver and  diamond respectively? Thank you

Litecoin will to be gold at the end of this year. Today litecoin is still silver, but by seeing the litecoin progress on the market, I think litecoin will be gold like bitcoin.
Litecoin is more popular now and will be more popular again at the next year.
I have seen many predictions about it.
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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #45 on: July 31, 2020, 04:32:16 PM »

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Offline syedrasool2011

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #46 on: August 06, 2020, 10:32:05 PM »
Ltc is good coin  litecoin is already gold, because litecoin is so popular and really good for investment now
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Offline dekafee79

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #47 on: August 14, 2020, 08:51:38 AM »
Ltc is good coin  litecoin is already gold, because litecoin is so popular and really good for investment now

Yes I think litecoin has s already gold. Litecoin is so popular and many investors have invested in litecoin. I have read many people already liked this coin and believe this coin will have great future. I think litecoin will touch $ 57. I hope It will happen soon.

 

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