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You and I are living in a time that no one will ever be able to live in again. As it stands today 14,400 Litecoins are produced every day..
In 10 years from now...
216 Litecoins will be produced per day. Globally... no matter who you are or how bad you want to accumulate Litecoin in 10 years from now world will have to fight over 216.
How much do you own today?
Perspective: the 14,400 make up $1,152,000 of value in coins per day.
If there was only the same demand that is out there today.. Litecoins value would be traded at the price of $5,333 per coin.
$1,152,000 / 216 = $5,333
Enjoy these times because the supply will never be this plentiful. Ever
I’ve been thinking about this for a while and how it relates to price . Simply put , in the future it will be a supply/demand issue which will increase the price a lot
Demand over the next 10 years will be beyond what it is today. The supply will be cut by 98.5% even if demand dropped by 98.5% and only 1.5% of the current demand existed you would still see an $80 price.
I’ve been wanting to get into litecoin forever, it’s just so expensive! I should just pull the trigger I guess and try to get a whole one :/
Life is long but our mindset on investments are short interestingly enough. I have told everyone that if crypto still exists in 10 years or 20...the supply’s will be very limited
You don’t need to buy full coins. You can simply by .25 coins every paycheck which currently would equate to $20ish in USD. Or less. Or more. Whatever you feel you can afford to lose and be comfortable with.
Unless you mean expensive in the sense that the coin is over valued and you’re waiting for a further drop, in which case maybe you’re right and maybe you’re wrong. Who knows.
Might as well do it now while I can. I’m just having such a difficult time deciding which coin to grab!
Litecoin and Vechain :)
Just don't get sand in your Vechain
Buy alt coins! XVG TRX BCN DGB KIN all good!
The supply of litecoin is limited, the supply of coins is unlimited.
Yes however if a coin existed in the future that had a high market cap in the billions. If they utilized the coin in exchange for litecoin the supply still remains very low. If the crypto market is in the trillions in ten years even with altcoins it is a very good thing for litecoin.
Posts like this really make me question Litecoin. Said the same think yesterday to the same poster. SMH