Litecoin Price

[Greenlee]

Hello guys, I have one question LTC is worth 3$ at the moment do you think will ever reach 20$ ?

[AzureEngineer]

No.

[joulesbeef]

yes

[pekv2]

Maybe, look how bitcoin turned out. 20-25>7>2>14>24>66>120>266>240>160>85>123>120

[neuroticjose]

Some say if more people would trade their LTC instead of hoarding, or more merchants accept it, then it will increase in value. $20 is just fool's gold.

[bitclock]

Maybe $10, $20 later on if it stays at #2. Ah, speculation...

[1Peter]

Not so long ago I would have said yes.. but now I think there's a decent chance someone will come up with a new coin that could overtake litecoin in popularity.. so I'm not so sure..

[nerihsa]

Litecoin was supposed to be CPU-only, but it didn't end well (meh.. GPU). But still it's 2nd (or 1st altcoin) and I think it's price will be going up slowly. If mtgox overcomes his problems and brings in LTC support, its price will peak. The reason it was steady in past few days it's likely because BTC GPU miners switched to LTC and everyone wanted to mine LTC while the difficulty was still low.

[BeneQ]

I'm nearly sure that  LTC will rise to  at least 6$  ,  roughly  2-3 month time
everything depend on popularity.

I think  there is no  CPU-only  coin  , just  smart people  letting us  mining only on  CPU miners 

[noobitcoiner]

maybe 

[GhanaGamboy]

Hello guys, I have one question LTC is worth 3$ at the moment do you think will ever reach 20$ ?

I think no, and I doubt it will ever be much supported by merchants. You may ask as well, when will someone come with Litecoin Qt 0.8x by modifying the 0.8x Bitcoin Qt client a bit ?

[TookTheRedPill]

my 2 cents;  i believe it will.  superstitions aside, i think that eventually they will rise once the Btc mining gets too competitive and gpu mining becomes obsolete.

[rqdxrocket]

I hope so but I have only been mining for approx. 2 weeks so I am still learning how this all works

[kodo]

Its a possibility

[r1nftw]

I think with the next difficulty rising, the price will be higher too.Just suggestions, I hope so.

[HD7970Cuda]

no posible

[sunce86]

I think it will.. in a few months time when btc diff raises enormly...

[queshadesta]

I'm nearly sure that  LTC will rise to  at least 6$  ,  roughly  2-3 month time
everything depend on popularity.

I think  there is no  CPU-only  coin  , just  smart people  letting us  mining only on  CPU miners 

I agree with your value estimate but I disagree with the time estimate. After the Bitcoin bubble don't you think 2-3 months is so short a time?

[CryptoJunky]

I still think Litecoin is a bit overvalued for the number of goods and services that are offered via it at the moment. With that said it's possible that it will hit $20 at some point but I wouldn't bet my life savings on it. John Vandivier did a pretty good analysis on the market price of Litecoin recently.

[rajamuffin]

I hope it goes up in value soon. After recent difficulty rises my profit has plummeted. I've been looking into mining some of the new alt-coins instead.