A lot of people are wondering; what’s the deal with the litecoin? Isn’t one Cryptocurrency enough? Well, no. In the real world there are thousands of different fiat currencies. So why won’t there be different Crypto currencies as wel? Here below a video from a guy who explains the main differences between Bitcoin and Litecoin. Some people are already speaking of Litecoin as the silver to the gold (which is Bitcoin). Since the Bitcoin mania broke out last week and the price of BTC rose to $145, the price of Litecoin has also risen significantly.