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The use of virtual currencies has skyrocketed since a few weeks ago. Bitcoin that has triggered its daily quotation during the last few days. With 1,000 dollars of quotation and almost reaching the price of gold. Something surprising considering that they only have 4 years of life.
What is certain is that there are coins like Litecoin, Peercoin, Namecoin, Primecoin, Feathercoin ... with which we can be creating a new bubble, similar to the real estate that we have lived recently.
The litecoin, a coin almost the same as bitcoin, has been created by a former Google worker, but with improved improvements according to the creator. It presents the same cryptography system, but it is much more accessible than bitcoins. Something that can be incetive for money launderers and mafias.
One difference is that Litecoin has an issuance of $ 84 million units over which Bitcoin, which became an amount approximately in 2040. Litcoin is used for transfers and daily purchases. Another difference is found in the creation of a litecada every 2 minutes compared to 10 minutes of bitcoin. The literary coin, created two years ago by Charles Lee, has 23 million coins in circulation, for 12 million bitcoins today.
Each litecoin is bought on the market a month ago at 4 dollars. In a few days it increased its price to 30 dollars, raising its capitalization to 650 million dollars. On the other hand, the Bitcoin raised its price to $ 1,200.
However, virtual currencies have suffered several losses in the last week that have caused a significant reduction in their prices. The most relevant has been the prohibition of the Chinese Central Bank to financial institutions in the country to operate with bitcoins. Experts in virtual currencies attribute the explosion of bitcoin to public awareness of a variety of new currencies, and an increasing number of supporters who hope to make quick money with these new currencies.
