Litecoin drops to $55.20 while bitcoin escalates to $6372 all time value
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Litecoin dropped to 55.20 from $69.28 over the weekend while the infamous Bitcoin continues to escalate now to an all-time value of $6372 USD per coin.
Did you know? LiteCoin’s creator is a former Google employee and MIT graduate named Charlie Lee. He wanted LiteCoin to be the “silver” to Bitcoin’s “gold”.
Bitcoin keeps escalating every day but why aren’t people investing in this gold rush currency? Bitcoin is risk capital and you only invest if you’re prepared to lose. It’s relatively new on the market and has only shed a few years having been invented by an unknown programmer with a pseudo-Japanenes name Nakamoto.