Post
Topic
Board Trading Discussion
Re: US people are buying LTC while the other world is avoiding it
by
stompix
on 26/11/2020, 17:44:18 UTC
US people are buying LTC while the other world is avoiding it

And you have a source for this claim? Or any proven data at all?

There are 6 billion people around the world, just eliminate the people who do not use the internet then there are 1 billion people atlest who use the internet which means that 1 LTC is for 119 people. If only an individual has the purchasing power of $1, we can say that LTC will hit $119 at least to be divided equally among all of the people.

How many things are wrong with this one? But just one:
You realize that 1 billion / 62,424,175 (circulating coins) is 16, so 1 coins for 16 people?
/end topic