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RE: LTC price will be back to $80 for a 60% return within 6 months (or maybe within 6 weeks?)

in #litecoin7 years ago

I agree with most of your comment except one. Lee's vision is not to have rivalry with Bitcoin but to walk hands in hand with it.
People really get confused with all these advance coins and their implementation. Bitcoin has a currency value similar to gold and how often an individual deals in Gold on daily basis except few of them. It's a precious metal like Bitcoin ;).
Copper has more practical use in day today life so that doesn't mean it would take over Gold.
Yeah, Lee aka SatoshiLite will give this coin recognition it deserve through out the globe. Already Canada and other countries have started launching LTC ATMs along with BTC. I hope LTC would be worth 30LTC/1BTC at least.
Hope for the best. Cheers!!!

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I never stated that LTC was to rival BTC or that was Lee's vision.

Yeah; just got confused with your "LTC market cap, if Lee pulls off what he is trying to do, could rival BTC and even Gold." statement.
Though three cheers to Charlie Lee...

Sorry for the misunderstanding...yes I could have written that a bit better.

Three cheers for Lee because he might well make anyone holding LTC very rich.

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