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Author Topic: Will Litecoin ever see prices reach $1000?  (Read 3479 times)
Dafar (OP)
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December 14, 2013, 09:02:34 PM
 #1

Let's be honest here, most of us missed the Bitcoin boat... it's unlikely it'll go through another insane exponential growth like it has in the past 2 years. But who knows, one can only hope. Sad

But does anyone here think Litecoin will have its own exponential growth? Is anyone investing in litecoin? Apparently it's gaining popularity in China and there will be a bigger volume of mining in the coming months.




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adam9317
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December 14, 2013, 09:03:53 PM
 #2

Let's be honest here, most of us missed the Bitcoin boat... it's unlikely it'll go through another insane exponential growth like it has in the past 2 years. But who knows, one can only hope. Sad

But does anyone here think Litecoin will have its own exponential growth? Is anyone investing in litecoin? Apparently it's gaining popularity in China and there will be a bigger volume of mining in the coming months.

I'm sort of thinking the same thing, I can either buy bitcoin or litecoin and I think I am going to go for litecoin.

I'm very hopeful but I would like to hear others opinions.

Reece523
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December 14, 2013, 09:04:57 PM
 #3

Litecoin already has increased in value exponentially. It was 7 cents in February of this year -- have a look for yourself: http://www.ltc-charts.com/ (I was watching Litecoin back then and foolishly chose not to invest since money was tight!).

I wouldn't place a limit on its future potential Smiley
digicoin
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December 14, 2013, 09:06:56 PM
 #4

Invest into Diamond - DMD  Grin Litecoin is hard to get such a high price

PS: I own several hundred Litecoin already
exstasie
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December 14, 2013, 09:08:20 PM
 #5

If Bitcoins take off, then Litecoins probably won't be too far behind in terms of that!  I'd say is very likely!

Yurizhai
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December 14, 2013, 09:09:22 PM
 #6

All cryptos have a long way to go. Invest in LTC, PPC, or NMC and you're sure to get huge returns relatively safely.
bobbahope
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December 14, 2013, 09:15:26 PM
 #7

I've sold most of my Litecoin, because while I think the price will rise, I don't think that the price will rise in relation to Bitcoins price.

Mainly because I don't see it ever managing to capture more than 10-15 percent of the market for cryptocoins, which when you take in its 4x bigger total coin supply means it'll probably have a maximum value of inbetween 0.02 and 0.04. Note this is pure speculation.

cudjex
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December 14, 2013, 09:15:33 PM
 #8

Maybe $ 300 - 400

As you can see, Btc is so variable. So people afraid of coins according to me.
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December 14, 2013, 09:20:00 PM
 #9

LTC can have 84 mil in circulation, much bigger than BTC. Therefore LTC price can not follow BTC in a long run.

If you want to get a huge gain in altcoins, please invest in another coin (mine is WorldCoin-WDC and especially Diamond-DMD). LTC price is high already. Very high
Yurizhai
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December 14, 2013, 09:21:29 PM
 #10

LTC can have 84 mil in circulation, much bigger than BTC. Therefore LTC price can not follow BTC in a long run.

If you want to get a huge gain in altcoins, please invest in another coin (mine is WorldCoin-WDC and especially Diamond-DMD). LTC price is high already. Very high

No one asked if LTC will match BTC, only follow it and I think it can for a long time.
Nano Fiber
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December 14, 2013, 09:23:34 PM
 #11

Just last year if you had asked this question, I would have told you that you were aiming way too high. After seeing the ridiculous gains of all the altcoins this past year, though, I'd say you're aiming way too low Tongue
adam9317
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December 14, 2013, 09:27:10 PM
 #12

What time frames are you talking about for litecoin?

Like where will it be by April 2014?
Where will bitcoin be by this time?

GigaCoin
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December 14, 2013, 09:32:25 PM
 #13

Let's be honest here, most of us missed the Bitcoin boat... it's unlikely it'll go through another insane exponential growth like it has in the past 2 years. But who knows, one can only hope. Sad

But does anyone here think Litecoin will have its own exponential growth? Is anyone investing in litecoin? Apparently it's gaining popularity in China and there will be a bigger volume of mining in the coming months.

Yes Litecoin is v undervalued, once major exchanges implement USD --> LTC we will see $500+

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December 14, 2013, 09:32:33 PM
 #14

It seems somebody knew LTC market will be extended on Cryptsy. Now you can buy LTC with much higher price if you wish. And your bigger sell will likely cause big fall in price. What about this?



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guybrushthreepwood
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December 14, 2013, 09:33:58 PM
 #15

It needs some merchants behind it. It will keep rising as Bitcoin rises and people jump onto the 'next best currency'.
adam9317
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December 14, 2013, 09:35:30 PM
 #16

Do I buy it now or wait for the price to drop a little?

Yurizhai
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December 14, 2013, 09:40:17 PM
 #17

Do I buy it now or wait for the price to drop a little?

You'll get more bang for your buck if you wait until it drops but miss out on far more if it goes up instead of down. Remember to grab some PPC and maybe some NMC too.
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December 14, 2013, 09:41:16 PM
 #18

Do I buy it now or wait for the price to drop a little?

I'd buy now. Price has been pretty steady overall.
adam9317
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December 14, 2013, 09:47:01 PM
 #19

Do I buy it now or wait for the price to drop a little?

I'd buy now. Price has been pretty steady overall.

Thanks, there are sooooo many different types of coins.

Dafar (OP)
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December 14, 2013, 09:48:48 PM
 #20

Do I buy it now or wait for the price to drop a little?


I'm thinking of buying now...it was around $41 but now it's at $29... I'm pretty sure it'll at least go back to $41 sometime soon. Mt. Gox is about to open up their platform for people to trade LTC too. And I'm sure Coinbase will open up their service for Litecoin too, maybe not soon but definitely sometime since the creator of Litecoin works at Coinbase. I can exchange one bitcoin for a bunch of LTC right, I think i'll do that today or tomorrow.

Invest into Diamond - DMD  Grin Litecoin is hard to get such a high price

PS: I own several hundred Litecoin already

You're the 2nd person to mention DMD in this thread... can you tell me more about it or show me where to get info? I think I want to invest in LTC and one or 2 other atl coins too. Namecoin sounds pretty interesting.




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