Quote from: kingofmoon on April 24, 2013, 01:49:28 PM

Quote from: blacksterchrome on April 24, 2013, 01:32:15 PM

Because litecoin mainly adopt the feature of bitcoin, there's nothing too revolutionary or innovative. So, the value of litecoin will not be as high or close to bitcoins. People will still use it though.

You do realize that the matter of how revolutionary a currency is doesn't matter. It is how much it is used and how good it preserves its value that counts.

This is true, and perhaps one of the saddest truths. Diamonds are a great example, in reality what are they used for? How many people truly need them? yet the price for them is astronomically high compared to their weight. It's all percieved value. In the end, that is the only way currency will ever work as well, it has to be percieved as being valuable. Thats where BTC and LTC come in, they are being more and more known as being worth something to more and more people. More places are accepting them as currency, and in the end I only see the prices of BOTH going up longterm.

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