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Author Topic: Litecoin Price to hit $25?  (Read 12560 times)
Adamlm
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August 30, 2013, 08:02:07 PM
 #21

Not 1/4, BTC is around $140 today and I doubt it will be under $100 again.
When more and more people start to mine and trade LTC services will come, it's natural.

Anyway, like the Russians say: Пoживём – yвидим

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August 30, 2013, 08:08:22 PM
 #22

When will LTC be accepted in MT.GOX?  Roll Eyes

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August 30, 2013, 08:11:55 PM
 #23

I think being accepted in mtgox would make litecoins price go up.
But I don't think it'll make it implode if it doesn't like someone said earlier.
Atleast I hope not, I like litecoins.
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August 30, 2013, 08:55:06 PM
 #24

How's that LTC "sure thing" working out? If you have been waiting on the MTGox fairy to increase LTC value you have missed multiple opportunities to increase your holdings. Just sayin...
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August 30, 2013, 09:03:11 PM
 #25

LTC doesn't hold onto bitcoin, but for the price to increase people would need to stop adopting it and accept it as payment and so on














 

 

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August 30, 2013, 09:58:16 PM
 #26

Nobody has a clue what litecoins are, the occasional person has heard of BTC but second place is no place in the big scheme of things.

You need an actual advantage for LTC over BTC.   Maybe the asics will achieve self awareness :p    Is there any flaw or impediment in either the other can do better

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August 30, 2013, 10:11:09 PM
 #27

Maybe 10%, merely because it's less cumbersome than BTC.

If Silk Road add LTC, then I would expect it to soar in value - so a 20% might not be too fanciful

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August 30, 2013, 10:17:41 PM
 #28

Maybe 10%, merely because it's less cumbersome than BTC.

If Silk Road add LTC, then I would expect it to soar in value - so a 20% might not be too fanciful

If Amazon and NewEgg started accepting Bitcoin I would expect BTC to soar in value.

The question you got to accept yourself is WHY would SR start accepting LTC?  SR exists to make money.  They make money when their merchants make money.  Why would accepting a less know currency with less liquidity and on which most exchanges requires an exchange to BTC before going to fiat help their merchants?

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August 30, 2013, 10:58:18 PM
Last edit: August 30, 2013, 11:14:02 PM by BittBurger
 #29

So you're expecting a coin that has almost non exsistant services to reach 1/4 of BTC.
I do believe there will be a jump when Gox adds it.  $2.50 is hardly a hefty price right now.

And a jump to $25 isn't that insane given BTC is now pushing $140.

Neither LTC nor BTC are exactly saturating the 'services' market.   

Both are operating purely based on supply and demand right now.

BTC is only starting to be included in business models for various companies.

So a jump when Gox adds it?  Yes.  

And another huge growth period if BTC saturates the market ?  Definitely.

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August 31, 2013, 12:18:30 AM
 #30

It's entirely possible within 12 months we will see a - $1000 btc and a $100 ltc - within the next 6 months I see regulatory issues being resolved, further momentum in adoption of primarily btc and ltc.

There will be a vastly smaller amount of available supply of litcoin than say 1oz silver coins, so it could be argued that litcoin should/could be worth much more than $25.

You could make an analogy that rhodium=Bitcoin and Litecoin=gold rhodium is 100 times rarer than gold yet 1oz of gold costs $1400 and 1oz of rhodium costs $1125.00 rhodium peaked a few years ago at over $10,000 per oz. So really anything is possible  Grin

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August 31, 2013, 12:36:01 AM
 #31

It's entirely possible within 12 months we will see a - $1000 btc and a $100 ltc - within the next 6 months I see regulatory issues being resolved, further momentum in adoption of primarily btc and ltc.

There will be a vastly smaller amount of available supply of litcoin than say 1oz silver coins, so it could be argued that litcoin should/could be worth much more than $25.

You could make an analogy that rhodium=Bitcoin and Litecoin=gold rhodium is 100 times rarer than gold yet 1oz of gold costs $1400 and 1oz of rhodium costs $1125.00 rhodium peaked a few years ago at over $10,000 per oz. So really anything is possible  Grin

If LTC hits $100 in 12 months, I'm going to drop out of college and buy my own private island Cheesy

 
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August 31, 2013, 01:20:41 AM
 #32

It's entirely possible within 12 months we will see a - $1000 btc and a $100 ltc - within the next 6 months I see regulatory issues being resolved, further momentum in adoption of primarily btc and ltc.

There will be a vastly smaller amount of available supply of litcoin than say 1oz silver coins, so it could be argued that litcoin should/could be worth much more than $25.

You could make an analogy that rhodium=Bitcoin and Litecoin=gold rhodium is 100 times rarer than gold yet 1oz of gold costs $1400 and 1oz of rhodium costs $1125.00 rhodium peaked a few years ago at over $10,000 per oz. So really anything is possible  Grin

If LTC hits $100 in 12 months, I'm going to drop out of college and buy my own private island Cheesy
Then what?
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August 31, 2013, 01:31:47 AM
 #33

It's entirely possible within 12 months we will see a - $1000 btc and a $100 ltc - within the next 6 months I see regulatory issues being resolved, further momentum in adoption of primarily btc and ltc.

There will be a vastly smaller amount of available supply of litcoin than say 1oz silver coins, so it could be argued that litcoin should/could be worth much more than $25.

You could make an analogy that rhodium=Bitcoin and Litecoin=gold rhodium is 100 times rarer than gold yet 1oz of gold costs $1400 and 1oz of rhodium costs $1125.00 rhodium peaked a few years ago at over $10,000 per oz. So really anything is possible  Grin

If LTC hits $100 in 12 months, I'm going to drop out of college and buy my own private island Cheesy
Then what?

Sit in front of my 500in 4k TV and fap

 
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August 31, 2013, 09:00:06 AM
 #34

It's entirely possible within 12 months we will see a - $1000 btc and a $100 ltc - within the next 6 months I see regulatory issues being resolved, further momentum in adoption of primarily btc and ltc.

There will be a vastly smaller amount of available supply of litcoin than say 1oz silver coins, so it could be argued that litcoin should/could be worth much more than $25.

You could make an analogy that rhodium=Bitcoin and Litecoin=gold rhodium is 100 times rarer than gold yet 1oz of gold costs $1400 and 1oz of rhodium costs $1125.00 rhodium peaked a few years ago at over $10,000 per oz. So really anything is possible  Grin

If LTC hits $100 in 12 months, I'm going to drop out of college and buy my own private island Cheesy
Then what?

Sit in front of my 500in 4k TV and fap
Have fun with the most boring lifeplans ever.

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August 31, 2013, 10:38:54 AM
 #35

Problem is that even if LTC hits 100$ you would not have kept it all the way up there. Most would take profits much earlier.
And even if you did you probably would be too greedy to see if it hits 120$. Only a tiny % would be sold on the top.
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August 31, 2013, 12:12:25 PM
 #36

Well while we discuss the price going up to 25$ or higher it is actually going down.

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August 31, 2013, 06:18:57 PM
 #37

Something to keep in mind, a coin has no use if everyone hoards it.

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August 31, 2013, 08:13:55 PM
 #38

Is LTC dev's active at all?

what are they working on these days?

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August 31, 2013, 08:44:00 PM
 #39

Is LTC dev's active at all?

what are they working on these days?
I'm pretty sure Charlie Lee who created litecoin is working at Coinbase right now.  I have no idea whether or not he is still actively working on litecoin. 

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August 31, 2013, 09:14:01 PM
 #40

Is LTC dev's active at all?

what are they working on these days?
I'm pretty sure Charlie Lee who created litecoin is working at Coinbase right now.  I have no idea whether or not he is still actively working on litecoin. 

So who develop litecoin now?

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