Litecoin Price to hit $25?

[Pokerfan]

Litecoin doesn't make any sense, but it's been here for a long time and just doing great. What do I know, it might really go high!

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[STT]

If it lasts long enough, inflation will make it a certainty.   Wont mean its worth any more, because the price of everything is set to rise considerably

Sterling halved in less then twenty years.   At the rate they are printing now I think ten or even less is feasible in dollars, sterling many others.  yen lost 25% since xmas, someone post LTC paid out in YEN

[Its About Sharing]

Just as a prelim - I think it is dangerous to rely on any one money system (Be it precious metals, Govt. Fiat, cryptocurrency, etc.) We could have a potential central point of "failure" - that can be in many many ways depending on the currency.

I think that if we had a cryptocurrency come out that really was better than Bitcoin, bitcoin would just incorporate it's advantages (if possible). If this is about developing a new money system type (in cryptocurrencies) then we shouldn't really approach this like a pure investor with a "jump ship" sort of mentality, but also look at the government, public and business aspects as well. They are not going to want to jump ship unless something really better comes out and would rather just wait for implementation imo. It basically looks like BTC is pretty close to being all that you need in a cryptocurrency, at least by todays standards, and as we need more we just add to it, rather than replace it. We need a killer app, if another cryptocurrency comes out with one, we follow it's lead.

Now, that said, I am sure there will be (and needs to be) more than one cryptocurrency. Having a few cryptocurrencies really can have it's advantages:
- It can help to avoid tax in certain situations. Where as moving from cryptocurrenies to regular fiat requires taxes if a profit was made of course (in most situations and countries). (e.g. Germany is cool in that it doesn't charge capital gains on coins held more than one year.) But moving between LTC and BTC does not require a profit/loss statement to be needed. If I'm wrong, please tell me as I'm sitting on a small loss anyway.
- Choice is involved. That means power struggles can be more easily mitigated by having options. Less fear of monopolization. We decide on what we want.
- Political - It is getting scary regarding the increasingly serious intelligence agency scandal and law breaking. All our eggs in one basket is probably not too smart. A bit of an out for people.


As far as a LTC projection. If there are 2X as many LTC's as bitcoins (for the next 5-10 years or so, depending on adoption, some increase in LTC integration following BTC, etc.), then I can imagine that LTC can be anywhere from $5-$30 or so over the next year or so (With BTC between say $100 and $300 - just a somewhat educated guess - hard to know). And it is hard to really make a prediction much beyond a few months anyway. As we really are in the eye of the hurricane with these cryptocurrencies. We are sitting relatively close to the even horizon, and we just can't see past it of course. Cryptocurrencies can potentially have HUGE effects on how we do money in the future. And that affects Governments, Institutions, People, etc. And the synergy between the internet, cryptocurrencies, raising awareness in people, etc. The changing, adding, etc. of these "variables" can have dramatic effects. Do not lose sight of the enormity that we are "sitting" on.

At this point, I think putting a small to low percentage of your BTC into LTC and/or other cryptocurrencies is both a nice hedge and investment to make.

IAS

[Nerman]

Sorry but i was just reading old posts   .

We all know the price of litecoin today.

If i only knew cryptocurrency on year 2013 most likely i am a millionaire today LOL.

[MMysterious]

Sorry but i was just reading old posts   .

We all know the price of litecoin today.

If i only knew cryptocurrency on year 2013 most likely i am a millionaire today LOL.

Same here dude, I would've been so rich right now when I knew the cryptoworld much earlier. But it's never too late though, I still have a couple of Litecoins left in my wallet today and I'm holding on to them for a few more years more.

[iluvbtc]

AHAHAH, this thread is GOLD, thanks for bumping...

[rodik888]

Sorry but i was just reading old posts   .

We all know the price of litecoin today.

If i only knew cryptocurrency on year 2013 most likely i am a millionaire today LOL.

Same here dude, I would've been so rich right now when I knew the cryptoworld much earlier. But it's never too late though, I still have a couple of Litecoins left in my wallet today and I'm holding on to them for a few more years more.

Fuck man, same here. I sold the concept of Bitcoins & Blockchain to so many people, but didn't get into it until a few months ago myself. Still no regrets, we're still the under 1.5% of the population who is taking this seriously. Let's wait until mass adoption in the next 10-years ... That 1Btc or 10Ltc will be just $$$$$$$$$$$$$$$$$$$$$$

But then again there's the problem of it going up and essentially the world shifting to crypto currencies which may or may not wipe out FIAT or devaluate it so much no one cares anymore.... 

[ukboss]

Why you thing Litecoin Price to hit only $25? You check before bitcoin history what happened about bitcoin in 2009 and now bitcoin price. No one can told me that how many hit Litecoin in 2018 Litecoin is a Bright future it will be a great change in a short time.

[TheAndy500]

There will be 4x as many Litecoins as there are Bitcoins.

Would it stand to reason that the price of Litecoin would ultimately hover somewhere around 1/4 that of Bitcoin?

Therefore when Litecoin hits mainstream .... such as the first step - MtGox adding it .... its price may very well hit $25?   (1/4 of BTC)

Or is that just a bunch of malarchy

-Burger-

People gave more attention to it last weeks so it could go higher... you should look at it and focus on pumps.

[divowok]

I think ETH has much better potential than LTC personally, I think the demand for ETH hasnt been as high because ICO risk-taking hasnt been quite as present for a little while.
Not sure why though as there are many fantastic ones out there, a few i'm personally looking into are Daostack IO, Muirfield IP, and TIP Blockchain.

TIP Blockchain aims to create the most user-friendly and easy to use platform in the cryptocurrency economy, that connects businesses to end users, and removes the technical barriers that users face today when using cryptocurrency.

Daostack IO powers decentralized companies, funds and markets to make fast and innovative decisions at scale. Basically an operating system for collective intelligence.

Muirfield IP is an opportunistic private equity real estate investment firm leading the effort to reinvent and improve private equity investing through the use of blockchain technology.