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| comment | | "parent_author":"",<br>"parent_permlink":"cryptocurrency",<br>"author":"babylino",<br>"permlink":"a-quick-look-at-cryptocurrency-9-litecoin",<br>"title":"A quick look at cryptocurrency #9 Litecoin",<br>"body":"![litecoin.jpg (https:\/\/steemitimages.com\/DQmQmbAdoErxzix8rmyARsTJ3Q6JsMi9pGjNThDyWV5cwpY\/litecoin.jpg)\n\nToday we're going too look at Bitcoin's brother - Litecoin. That coin was created to solve some problems that original Bitcoin has.\n\n- Litecoin's block is created every 2,<br>5minutes (Bitcoin 10 minutes) which means,<br> that Litecoin's transactions are way faster and cheaper - transaction costs around $0.12\n\n- It has its' own official wallet (Litecoin core - phone,<br> coinwallet - PC)\n\n- Apart from Bitcoin,<br> it has the biggest investment into mining machines\n\n- Proof of Work feature (basically what mining is)\n\n- Litecoin has a fundation (most miners decided to give a part of their rewards for the further development of this project)\n\n- Its' technology is way better than most of the \"OldBoys\"\n\nLet's move to your favourite part,<br> price:\n![chart.png (https:\/\/steemitimages.com\/DQmeyWptzzUamyvnDVoYQvbgLv4Yx1bPmT9pxNDNNv7j6pt\/chart.png)\n\n- Date of release 28th April 2013\n- Starting price $4.30\n- Lowest price $1.20\n- Highest price $171.55\n- Current price $163.01\n\nInvestment aspect:\n\n- Litecoin used its' jetpack recently,<br> so I don't predict the same spike in a month or so,<br> but long-term it's one of the most interesting cryptos for sure\n- Being developed to this day,<br> which means,<br> that there still could be some news that would make the price go even higher\n- One of top10 cryptos - those are the ones,<br> that 90% of NEW money flows into - which boosts the price on a stable level\n\nLitecoin is the old guy that still stands strong and doesn't intend to go away. What are your thoughts? Let me know!",<br>"json_metadata":" \"tags\":[\"cryptocurrency\",<br>\"crypto\",<br>\"money\",<br>\"technology\",<br>\"litecoin\" ,<br>\"image\":[\"https:\/\/steemitimages.com\/DQmQmbAdoErxzix8rmyARsTJ3Q6JsMi9pGjNThDyWV5cwpY\/litecoin.jpg\",<br>\"https:\/\/steemitimages.com\/DQmeyWptzzUamyvnDVoYQvbgLv4Yx1bPmT9pxNDNNv7j6pt\/chart.png\" ,<br>\"app\":\"steemit\/0.1\",<br>\"format\":\"markdown\" " | | comment_options | "author":"babylino",
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