wait around at a cash register if you're using Bitcoin to pay for groceries, as we have documented. More From Business Insider. In addition, Litecoin is not subject to the arms race currently seen among Bitcoin miners looking to corner the market on acquiring large amounts of Bitcoin. All Time High 375.29 USD (Dec 19, 2017 all Time Low.11 USD (Jan 14, 2015) 52 Week High / Low 182.88 USD /.82 USD 90 Day High / Low.77 USD /.13 USD 30 Day High / Low.77 USD /.66. You may be wondering whether there were ever any mainstream users in the first place. . Coinmarketcap lists about two-dozen ones whove seen their prices increase in the past few months. Market Rank #4, market Cap 3,613,508,498 USD 24 Hour Volume 1,756,110,974 USD, circulating Supply 60,988,186 LTC, total Supply 60,988,186 LTC, max Supply 84,000,000 LTC.
Although in theory this has no practical effect on its value if the Bitcoin economy truly takes off thanks to demand remaining consistent, that fixed amount will help keep prices elevated. We've updated it to reflect price changes. Digital currency users appear to have grasped Litecoin's utility relatively swiftly. "It's more abundant, and more lightweight" than Bitcoin, he says. It's now worth more than 25, a 400 gain in just a week. "I didn't fix Bitcoin. For a Bitcoin transaction to be completely processed, it must receive a number of confirmations from other users who've located the transfer on the Bitcoin's master ledger, the Blockchain. 3,613,508,498 USD 897,776 BTC 1,756,110,974 USD 436,306 BTC 60,988,186 LTC 84,000,000 LTC, litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. So although the odds of a temporary confirmation not being confirmed on the Blockchain are minuscule, Litecoin eliminates the problem entirely. "I think Satoshi Nakamoto, Bitcoin's pseudonymous creator is great, and Bitcoin is awesome Lee said in a recent interview with. quot;s delayed at least 20 minutes.