Litecoin vs Bitcoin

in #litecoin • 7 years ago (edited)

I am not a crypto currency or blockchain expert, however, I have done a little research. When comparing Litecoin and Bitcoin I do not understand the price gap?

They are basically the exact coin in design as far as I can tell. There are 4x as many Litecoins but Litecoin is also 4x as fast. Going forward in the future I think Litecoin might actually be more functional.

What I do not understand is why Litecoin does not trade at 25% the price of Bitcoin and currently be in the $600 - $700 range. Is Litecoin just that undervalued? Is it the popularity of Bitcoin and being the first in the block? Or is Litecoin due for a big jump up?

Can someone with more expertise explain the price gap to me between Bitcoin and Litecoin?

#bitcoin #crypto #currency
7 years ago in #litecoin by
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     7 years ago 

    why would it be .25 ?

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       7 years ago 

      I used the decimal for of 25% can change it

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