Litecoin creator Charlie Lee also appeared on Bitcoin litecoin comparison Monday morning, possibly fueling interest in the obscure cryptocurrency. 100 mark before this week’s skyrocket in price.
British research firm recently estimated. Screen Shot 2017 12 11 at 3. Both Bitcoin and Litecoin are deflationary. Litecoin payment confirmations are faster. Litecoin is more adaptive to technical up-scaling. Both coins can compliment each other.
Comparing two stocks to find out the relatively better value buy is quite easy for a traditional research analyst who deals with equity market. The number of parameters available for comparison is wide and time tested, starting from a simple quarterly result’s net profit to complex ones like debt equity ratio, PE, trailing EPS etc. Stocks are categorized by its market capitalization and industry to make the study more focused. But when comes to crypto world, we don’t have any time tested parameters to filer out the naked ones from others which are promising and disruptive in nature. So an investor who decided to invest in crypto currencies have to overcome this black-hole by using some simple traditional techniques which requires normal IQ level only. Let us first discuss about the similarities between these two coins and then step in to future outlook of Litecoin.
These crux behind the deflationary nature is simple defined by the demand supply logic in basic economics. The supply of both these coins will be tapered in coming years and at the same time demand will be increasing if something catastrophic is not happening in crypto space. 4 times that of Bitcoin. Considering the fact that in early days, people gave little importance on secure storage, millions worth coins were lost which cannot be recovered by any chance.
This is the reason why both of these coins are considered deflationary in nature. The current supply of Bitcoin is nearly 16. 4 million whereas Litecoin has 51. 85 million coins in circulation. When I released Litecoin there were a lot of other cryptocurrencies that were pre-mined by founders wanted to be super rich. I preannounced Litecoin on Bitcointalk, so people could mine it from the get go. It was more widely distributed from the start than Bitcoin.