Post
Topic
Board Beginners & Help
Re: Alt-Coins
by
Tun84
on 23/11/2013, 18:42:11 UTC
I've missed the bitcoin start-up days and i would like to ask you for a advice: it's worth investing in litecoins the days? Been watching the markets for 1 month now and in the past few days in jumped from 3-4 usd to 8-9. It really has the target of 0.25 bitcoin?

My two cents about this.  The target of 0.25 is possible but perhaps a bit high.  There are 4 times as many litecoins so assuming all else being equal between BTC and LTC then yes we could see a LTC value of 0.25.  BTC was first and will have that network effect going for it even if LTC was a better technology (not saying it is or isn't).  I think we could see LTC value of 0.10 someday.  We saw 0.05 or thereabouts last Spring and there has been a lot of good news for LTC lately.  If the excitement in these markets continues a little longer we could get a new record for LTC.  Going to be interesting to see what happens.