In 10 years BTC and LTC will be used just like how we use VISA and MC today, to make purchases. BTC and LTC are commodities and can be interchangeable. Prices of LTC will need to reflect the acutal equilibrium. LTC is way undervalued and should be at around 8K to reflect economic equilibrium with BTC. Of course during a mania, everyone is tunnel visioned and continue to create a bubble that is not beneficial to a stable market. Thoughts? ...
if btc is used everywhere to buy commodities, how can the government continue to print money to pay the benefit for the poor? at some point when btc becomes the real threat, the government will act to protect themselves.
BTC will not be used ...who in there right mind would buy a make believe coin that would fluctuate over 20% on any given week or even a single day....this coin will collapse again and it will be more epic than the rise up.
Crypto needs to stabilize and the only way that can happen is if Litecoin increases to 8K, then it will reach equilibrium to Bitcoins market cap.
At the end of the day, people will realize that Litecoin and Bitcoin will be the same thing only difference being there is 21 million Bitcoins and 80 million Litecoins. Do you want to get paid in 100's or 20's?
Cause I want to drop real dollars on a coin with no intrinsic value thats now being moved in unwarranted direction because now everyone wants in on the hype...watch when it drops over $10,000 in a single day, there is no use for something that is speculative and in a hyperbolic bubble....
Yeah and invention. Let's go back to that VISA comparison: Max. transactions per second: VISA 24 000 BTC 7