Watch for Litecoin to rise — it costs less to use vs Bitcoin for a “cup of coffee”
bitcoin·@floridanow·
0.000 HBDWatch for Litecoin to rise — it costs less to use vs Bitcoin for a “cup of coffee”
Source: https://www.streetwisereports.com/article/2017/11/07/why-litecoin-is-massively-undervalued-vs-bitcoin.html  WHY LITECOIN IS MASSIVELY UNDERVALUED VS BITCOIN First of all I am not talking anybody out of bitcoin and this is NOT investment advice. Second I do think when the “masses of people move money” it will flow into Bitcoin vs the others...why? Because of “name recognition” and because Bitcoin Will be seen as a safe way to store your money — and it will appreciate over time as more and more money needs to move away from currencies that will be seen as not a good place to be. However, what happens when you want to USE your crypto to buy or send money? Did you know there is a transaction cost for that? Kind of like Western Union. Don’t get me wrong — sending Bitcoin vs Western Union is cheaper. But what about buying a “burger”? What about buying something under $10....would you use Bitcoin? As you can see in the chart below, the price for using Bitcoin in a transaction is “going UP”. The average fee right now is @ $.62....and of course it’s can be much more than this.....this may go up or down with network changes. You can see the trend.  Litecoin is technically similar to Bitcoin and is FASTER than BTC. Litecoin will have 84 million coins....BTC will have 21 Million coins mined Litecoin COSTS per transaction are much LOWER than Bitcoin ![04F624F7-60FE-4501-9963-F0D3FDF9A843.jpeg] As you can see below, there are more transactions in Litecoin vs similar less expensive cryptos. It looks to be the silver to Bitcoin being the “Gold” (https://res.cloudinary.com/hpiynhbhq/image/upload/v1512220318/ypqbubgpadzpwjlsbyxc.jpg)  Also — please note as the chart below suggests — as the price of Bitcoin goes up there are less transactions. Why? Would people want to spend BTC while the price is seeking a higher ground ? Maybe not. However, the price for Litecoin is @ $100 now. Many think it should be 25% the cost of Bitcoin. Overtime bitcoin will find a much higher price and Litecoin will finally catch up as more and more people see a cost effective crypto to use “everyday”. In the future, moving from BTC to LTC will be done in a nano second with wallets. People will move BTC to LTC for small transactions. IF Bitcoin moves to $40,000 by the end of 2018 — what will Litecoin be ? Could it be 10% of Bitcoin? If so , that would mean $4000....today Litecoin is $100...40 times increase IF that were to happen.  Bonus — look at the above chart — see how Ethereum price and transactions are in tandem. ETH is on the rise as well. Did you know that Ethereum has more transactions than any of the cryptos...???? See below. 