carried out by supercomputers. After gaining more than 68 to hit a new record of 235 on Coinbase on Monday, litecoin prices continued to surge Tuesday morning in Asia. But over the years, the SHA-256 has made it more and more complex to get bitcoins through the mining process.
There is a fixed amount of litecoins in the world the volume of litecoins can never exceed 84 million. Investors are closely watching meetings of the Fed and the ECB this week. We expect to see a parabolic growth of online stores accepting crypto currencies with Litecoin being the primary coin of choice. Litecoins rapid increase in value comes after creator Charlie Lee even warned of the risks of buying litecoin, saying on Twitter: Sorry to spoil the party, but I need to reign in the excitement a bit Buying LTC is extremely risky. That being said, there are some ways in which Litecoin is different from Bitcoin. I have analysed many different coins but its when I come back to talking about Litecoin that I really get arize. So if you cant handle LTC dropping to 20, dont buy!