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Author Topic: Litecoin will see 10$ and above 2016  (Read 36149 times)
Pasttimeuftor
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December 29, 2015, 08:49:58 PM
 #41

Litecoin will rise in price. But the price difference will be bigger between it and bitcoin.
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December 29, 2015, 09:15:13 PM
 #42

I think even above $40 is possible if BTC spikes, that money needs to go somewhere and Litecoin is the best candidate there

Best candidate?  Care to tell us why?  Is there some new development or adoption happening?  Anything?

All I see is stagnation.

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December 29, 2015, 09:35:13 PM
 #43

I'm counting on it. Judging by what happened in 2013 we might see the same reaction with the LTC price. I'm positive about that.
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December 29, 2015, 09:37:44 PM
 #44

the only way LTC goes up is if these chinese want it to go up.  END OF STORY.

$ADK ~ watch & learn...
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December 29, 2015, 09:43:15 PM
 #45

LTC still is the second biggest cryptocurrency network! So I bought some a while back ago and I'm pretty confident I'll be able to double my investment.
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December 29, 2015, 09:51:11 PM
 #46

LTC still is the second biggest cryptocurrency network! So I bought some a while back ago and I'm pretty confident I'll be able to double my investment.

Why?  "it's big, therefore it will get bigger" doesn't make sense.  Can anyone give me a real reason why LTC would increase in value?

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December 29, 2015, 10:42:16 PM
 #47

i dont think there will be such a huge increase in just one year
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December 29, 2015, 10:50:18 PM
 #48

I think litecoin will go under 1 dollar in 2016.

Like my expectation, really nothing happened in terms of development. The litecoin dev. team think they can outcompete bitcoin by doing... nothing :S
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December 29, 2015, 10:51:22 PM
 #49

I'm so excited. With BTC rise LTC can actually multiply making it the best investment  Smiley

You serious?

Nah you cant be. Litecoin is on its death bed right now, lol.

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December 29, 2015, 11:50:21 PM
 #50

You probably never will see LTC at 10$ unless it get pumped. Ltc is just to brandes as silver and BTC as gold. That means that you can rather use bitcoins than LTC. Pump and dumps happens but for LTC to stay at such high value then it has to do something that BTC cant do.
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December 30, 2015, 11:05:40 AM
 #51

the only way LTC goes up is if these chinese want it to go up.  END OF STORY.

i dont thinks so recent jump first occur in Europe markets this was first time Chinese follow
it might happen again latter with ltc but its hard to tell



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December 30, 2015, 04:26:03 PM
 #52

You probably never will see LTC at 10$ unless it get pumped. Ltc is just to brandes as silver and BTC as gold. That means that you can rather use bitcoins than LTC. Pump and dumps happens but for LTC to stay at such high value then it has to do something that BTC cant do.

What do you think will happen when BTC halves? To do something that BTC doesn't do? Like confirm transactions?


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December 30, 2015, 06:54:10 PM
 #53

I think litecoin will go under 1 dollar in 2016.

Like my expectation, really nothing happened in terms of development. The litecoin dev. team think they can outcompete bitcoin by doing... nothing :S

LOl yeah.
I don't see this happening either. Let them first have actually purpose for litecoin. These days is nothing better then any other altcoin.


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January 02, 2016, 12:20:40 PM
Last edit: January 02, 2016, 01:46:48 PM by virtualdn
 #54

we're still cryptocurrency pioneers... think long term like 5 or 10 years - how much will it be when bitcoin hits $5,0000 or 10,000 ??

1 BTC = 1 BTC
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January 02, 2016, 01:37:02 PM
 #55

Litecoin doesnt even have an ios wallet, its only meant for crypto nerds and traders. Its userbase for a coin with 100+M marketcap and excisting for years already is laughable. See here how poor it's doing in adoption https://bitcointalk.org/index.php?topic=1285762.0, its only interesting for trading it for btc and vice versa, not interesting for non traders at all.

Demand for litecoin has been going down in 2015, see how bitcoin is almost half the price from its all time high, if litecoin would be as interesting as in 2013 its price should be higher than its $3 now. This shows bitcoin going up doesnt guarantee litecoin to follow, cus bitcoin actually went up but litecoin didnt follow at all, u can see its price now its 0.008.
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January 02, 2016, 01:57:20 PM
 #56

LTC still is the second biggest cryptocurrency network! So I bought some a while back ago and I'm pretty confident I'll be able to double my investment.

Why?  "it's big, therefore it will get bigger" doesn't make sense.  Can anyone give me a real reason why LTC would increase in value?

I think you misunderstand the relationship between currency and technology. From a technological standpoint, LTC offers nothing better than any other coin out there and some could say the development curve looks more like a natural log curve rather than a logarithmic one. From a trust standpoint, litecoin offers the second longest sustained network in existence. After all, what is money? Its premise is based on trust, the belief that it in itself is a store of value. That is all you need to have a successful currency.

With that being said, the rise in btc/ltc will depend heavily on what happens in China this year. With a slowing economy, China will likely devalue the Renminbi to make exporting a better value for foreign entities but this will also scare investors who may look to move their capital outside the country. Digitial currency is by far the best way to move liquid assets around the world in a timely manner. If BTC moves back to the $1,000-$1,200 range you can expect LTC to move to $10-$12.
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January 02, 2016, 02:00:33 PM
 #57

Litecoin doesnt even have an ios wallet, its only meant for crypto nerds and traders. Its userbase for a coin with 100+M marketcap and excisting for years already is laughable. See here how poor it's doing in adoption https://bitcointalk.org/index.php?topic=1285762.0, its only interesting for trading it for btc and vice versa, not interesting for non traders at all.

Demand for litecoin has been going down in 2015, see how bitcoin is almost half the price from its all time high, if litecoin would be as interesting as in 2013 its price should be higher than its $3 now. This shows bitcoin going up doesnt guarantee litecoin to follow, cus bitcoin actually went up but litecoin didnt follow at all, u can see its price now its 0.008.

Your second argument holds true for every altcoin in existence. Remember when mastercoin was $160 a coin? That relationship went from 0.13 to 5 x 10^3.
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January 02, 2016, 04:23:03 PM
 #58

Litecoin doesnt even have an ios wallet, its only meant for crypto nerds and traders. Its userbase for a coin with 100+M marketcap and excisting for years already is laughable. See here how poor it's doing in adoption https://bitcointalk.org/index.php?topic=1285762.0, its only interesting for trading it for btc and vice versa, not interesting for non traders at all.

Demand for litecoin has been going down in 2015, see how bitcoin is almost half the price from its all time high, if litecoin would be as interesting as in 2013 its price should be higher than its $3 now. This shows bitcoin going up doesnt guarantee litecoin to follow, cus bitcoin actually went up but litecoin didnt follow at all, u can see its price now its 0.008.

Your second argument holds true for every altcoin in existence. Remember when mastercoin was $160 a coin? That relationship went from 0.13 to 5 x 10^3.

So if both were to go hand in hand with price rises then what coin is goint to give you more bang for the buck? Still bitcoin i would imagine? im still pondering on picking up a few lite but i might be as well just putting that cash into bitcoin.

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January 02, 2016, 06:48:47 PM
 #59

we're still cryptocurrency pioneers... think long term like 5 or 10 years - how much will it be when bitcoin hits $5,0000 or 10,000 ??

Well you are way to optimistic.
For bitcoin to increase, yeah likely!
For litecoin to go beyond 5 dollar again? No way that will happen.


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January 02, 2016, 10:05:40 PM
 #60

Litecoin doesnt even have an ios wallet, its only meant for crypto nerds and traders. Its userbase for a coin with 100+M marketcap and excisting for years already is laughable. See here how poor it's doing in adoption https://bitcointalk.org/index.php?topic=1285762.0, its only interesting for trading it for btc and vice versa, not interesting for non traders at all.

Demand for litecoin has been going down in 2015, see how bitcoin is almost half the price from its all time high, if litecoin would be as interesting as in 2013 its price should be higher than its $3 now. This shows bitcoin going up doesnt guarantee litecoin to follow, cus bitcoin actually went up but litecoin didnt follow at all, u can see its price now its 0.008.

Your second argument holds true for every altcoin in existence. Remember when mastercoin was $160 a coin? That relationship went from 0.13 to 5 x 10^3.

So if both were to go hand in hand with price rises then what coin is goint to give you more bang for the buck? Still bitcoin i would imagine? im still pondering on picking up a few lite but i might be as well just putting that cash into bitcoin.

Bitcoin will always have the best potential for highest rate of return. Demand drives speculative price increases and the masses that sit on their coins limit the available supply. I think $432 a coin is a really high valuation given the amount of coin in existence. As I said, China demand in 2016 will ultimately drive the price of bitcoin. Though theoretically, the next halving should further limit the available supply thus driving up the price as long as the demand is there. Time will tell. 
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