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Author Topic: Litecoin is silver, will bitcoin remain the gold of crypto?  (Read 27105 times)

Offline Bobcrypto

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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
« Last Edit: July 27, 2018, 02:46:59 PM by Bobcrypto »

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Offline jbc081475

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #1 on: August 01, 2018, 04:03:33 PM »
Litecoin is just a bronze for me because at the current currency,Litecoin is in the third rank.Ethereum is the Silver and Bitcoin will still be Gold.
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Offline Mbah Jenggot

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #2 on: August 01, 2018, 04:09:00 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


Yes I think bitcoin is still the best of crypto currency. Litecoin is also potential coin. I believe litecoin will be more stable at the coming year.

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #3 on: August 02, 2018, 09:33:44 AM »
There a probability that litecoin will be a gold of crypto because litecoin dont have any issue against its reputation than bitcoin.

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #4 on: August 05, 2018, 11:16:29 AM »
There a probability that litecoin will be a gold of crypto because litecoin dont have any issue against its reputation than bitcoin.

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #5 on: August 08, 2018, 12:46:57 PM »
Bitcoin, the father of all cryptos is the gold and will continue to be number one crypto currency for now and I believe ethereum rather will be the silver and probably bronze for litecoin.

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #6 on: August 09, 2018, 02:21:53 AM »
Why not it is not impossible if the groups of litecoin is silver and bitcoin will remain the gold of crypto it will be made as soon as the groups will unite that the coin will be stable or whatever they planned for the good of business.
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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #6 on: August 09, 2018, 02:21:53 AM »


Offline chinito

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #7 on: August 09, 2018, 06:54:02 AM »
I will not think Litecoin will be the silver in term of coin ranking.Ethereum are still gaining it's popularity than Litecoin.For me Ethereum is the silver and Bitcoin is the gold.
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Offline mojerjer

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #8 on: August 11, 2018, 08:58:21 AM »
Litecoin might just a bronze for me because Ethereum coin will be silver and Bitcoin will still remain the Gold.
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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #9 on: August 11, 2018, 09:40:36 AM »
Bitcoin is number one cryptocurrency in the cryptomarket. Bitcoin is high potential coin in this year.i think future still dominant Bitcoin because litecoin is a bronze.

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #10 on: November 14, 2018, 02:55:24 PM »
interesting enough I read the thread that you made, it seems correct, I agree that bitcoin will remain like gold and altcoin as silver.

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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #11 on: November 14, 2018, 07:20:34 PM »
I  think  the window of opportunity is gradually closing, and this is the right time to invest in cryptocurrencies such as LTC. Litecoin is set for a bullish run, and there is a high possibility it will move up to the $100 price mark in the next couple of weeks at max.
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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #12 on: November 15, 2018, 07:56:14 PM »
bitcoin will always be crypto gold and litecoin like silver which accompanies the bitcoin journey, but besides mentioning litecoin as silver there is ethereum which is better called silver.
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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #13 on: November 16, 2018, 07:30:07 AM »
For me Litecoin is only at 5th rank. Bitcoin is 1st, 2nd is Eth, 3rd is xrp, 4th is BCH than Litecoin. Litecoin’s technology or transactions speed,  network can’t compare to the rest
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Re: Litecoin is silver, will bitcoin remain the gold of crypto?
« Reply #14 on: November 16, 2018, 05:46:53 PM »
He points out that Litecoin is faster than Bitcoin and more agile because its corporate governance structure allows it to try new things and experiment more quickly. In that sense, Litecoin is like a ‘Petri dish’ for the more popular Bitcoin, or to use a sports analogy, it’s the ‘minor league’ farm team for the Bitcoin blockchain, where new ideas and tech improvements can be tested before being implemented by Bitcoin.

 

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