Interesting article, but I cannot see why would someone compare physical commodities to a digital currency. Specifically, if you are about to do that, than why not take market cap. instead of price. Market cap. is by far more fair than comparing pricing of two completely different subjects. Just my opinion and a detailed explanation for our reasoning you will find in my article. Thank you for your link! @digicrypt
The article was really born out of the comparison some have made about Litecoin being the silver to Bitcoins gold.(I wrote it more for fun and to make people think differently) After writing the article I realized it may also have been better to analyze based on supply, the ratio of coins mined is 1:4. 21 million BTC and 84 million LTC. Using maarket cap would be another way to do it that could produce interesting results.
Interesting article, but I cannot see why would someone compare physical commodities to a digital currency. Specifically, if you are about to do that, than why not take market cap. instead of price. Market cap. is by far more fair than comparing pricing of two completely different subjects. Just my opinion and a detailed explanation for our reasoning you will find in my article. Thank you for your link! @digicrypt
The article was really born out of the comparison some have made about Litecoin being the silver to Bitcoins gold.(I wrote it more for fun and to make people think differently) After writing the article I realized it may also have been better to analyze based on supply, the ratio of coins mined is 1:4. 21 million BTC and 84 million LTC. Using maarket cap would be another way to do it that could produce interesting results.