Post
Topic
Board Speculation (Altcoins)
Re: LTC relation with BTC as of husband and wife :)
by
cosmofly
on 20/11/2020, 14:21:05 UTC
LTC relation with BTC as of husband and wife Smiley

LTC is considered to be the silver of Bitcoin, where do you see the LTC price next to bitcoin in the future? I think it will hit $256 at the end of this year
Yes, I also found Litecoin's mechanism of action to be very similar to Bitcoin. But it certainly cannot be equal to Bitcoin even though Litecoin's technology is better, since Litecoin has a regulator and Bitcoin is not.
So Bitcoin is considered as Digital Gold, and this makes Bitcoin different and stronger than Litecoin even though both have gone through the Halving. I still believe that Litecoin is still a copy and it won't be able to grow 500% later this year. It may only increase by about 50% this year as Bitcoin's growth will drag the top coins along. Wink