Bitcoin Vs Litecoin: How The Winning Crypto Will Influence Travel – Luxury Travel Diary – News – Luxury Travel Diary
Related: Bitcoin, Litecoin
You voorwaarde have heard of Bitcoin, it’s meteoric rise and all the enviable crypto millionaires that it has created like Mr Bitcoin who travels the world for free. You may not have heard of Litecoin, but this month, Litecoin has picked up the rhythm and has hammered Bitcoin with the largest price rise of any cryptocurrency te 2017. Litecoin may even win the wedloop.
Why Bitcoin and Other Crypto Currencies Should Be On Your Radar
When you spend abroad, most credit cards charge around 3% te fees and often an unfavourable exchange rate on vacation spend and hotel and flights. It is daylight robbery.
Now imagine a world where one or more cryptocurrencies can be used anywhere. No more foreign exchange fees make crypto payments very appealing.
Already you can pay for flights, hotels, transfers and private jets with certain travel agents including our own luxury travel concierge. Wij are some way off from paying for everything with crypto coins. Most people are buying and holding them spil an investment, at least for now. But, sometime ter the not too distant future, you will be able to pay for your drinks, shop purchases and everything you need when you are abroad, with a currency that does not need to be exchanged.
Which Currency Will Win?
Well, isn’t that the billion dollar question? Bitcoin is looking somewhat clunky when compared to rivals like Litecoin and Bitcoin Specie, so it is more than possible that the winner will not be Bitcoin at all. Certainly, Litecoin has massively enlargened ter popularity this year:
This tweet from Charlie Lee, Litecoin creator says it all:
“Forget # Bitcoin, its fourth-biggest rival is up almost Five,800 procent this year
Will Litecoin Win?
Litecoin has a charismatic figurehead, lower fees and is quicker than Bitcoin. Waterput simply, ‘Litecoin is a quicker, cheaper Bitcoin’.
If you ache envy at those who bought Bitcoin at $300, you can presently pick up a Litecoin at around the $300 mark. There is a limited supply of Litecoin, just 4x the amount of Bitcoin, which surely values this coin at one quarter that of Bitcoin. One quarter of $17,000 is $Four,250. If this is a fair way to estimate values, $300 for a Litecoin looks vastly underpriced.
Litecoin, known spil the silver to Bitcoin’s gold, is certainly a contender challenging Bitcoin’s lead. It is very possible that Three or more coins will win the crypto-race.
Should I Buy Now?
There is a telling. There are two best times to plant a tree. The very first wasgoed Ten years ago and the 2nd best time is now. The Director of Payal, this millionaire and this pro all predict Bitcoin will be worth $150,000 te a year or two.
Litecoin should be identically lucrative (perhaps more considering it’s current valuation and limited supply). Certainly, the very rich BK recommends Litecoin:
[email protected] just added another cryptocurrency to his crypto-portfolio pic.twitter.com/a94VKfoyLk
If you do determine to buy Litecoin or Bitcoin, make sure you set it up using a coinbase referral listig like mine. Once you buy or sell $100 USD (?76) of digital currency or more, you will get $Ten USD (?7) of free Bitcoin (spil will your referrer, which on this verbinding would be mij). To the moon…
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