Future Price of Litecoin ???

[portalufonet]

Guys, as we know, there are 4 times more than litecoins bitcoins. If one day the bitcoin reach $ 10,000 dollars per unit, so the value of litecoin will be around $ 2,500 dollars?

In short, there's still time for medium/long time get rich investing in litecoins now ?

Thank you in the comments
Best regards from Brazil

[one3cruzer]

I think it will depend on how the masses adopt both bitcoin and litecoin. Today it seems that the people of the internet are going bananas over dogecoin. So I really don't know what will happen in the future

[ShotgunSnipist]

I think it will depend on how the masses adopt both bitcoin and litecoin. Today it seems that the people of the internet are going bananas over dogecoin. So I really don't know what will happen in the future

Exactly what you said. It doesn't really matter what bitcoin hits. It matters which is more adopted. If everyone starts accepting litecoin, it could be worth more that bitcoin even though there are more of them.

[Bobbydiggital]

The LTC seems to follow the BTC trend for now but it doesnt mean if the BTC reach 10k that the LCT will worth 2.5k theres much more things to consider other than theres 4x LTC

[one3cruzer]

Looking at today's market we can see the ratio between Bitcoin and Litecoin, it is somewhere between 1:0.034-0.36 so if the price of Bitcoin reaches 10k we can assume LTC will be 350 ea.

[juggs]

I'm fairly new to this whole scene, but not unfamiliar with more traditional currency markets.

Bank of America has recently published a report stating that they believe a fair market value for Bitcoin is $1300 USD (http://www.forbes.com/sites/kashmirhill/2013/12/05/bank-of-america-analysts-say-bitcoins-value-is-1300/) - the actual report doc is on documentcloud but behind a regstration-wall.

With crypto currencies it's highly speculative to predict what heights or lows they will fluctuate between. Although Bitcoin and Litecoin are well established as far as crypto currencies go the whole sphere is in its infancy and subject to all manner of external influences e.g. ref the recent slump in Bitcoin valuation in response to China's announcements on it.

All things remaining equal, then yes Litecoin appears to track Bitcoin in its movements - but the 4:1 ratio is by no means guaranteed. Who knows what will happen tomorrow or in the next month - e.g. there are a number of companies purportedly working on FPGA and ASIC miners for scrypt coins (Litecoin being one), if any actually come to fruition then that could be a game changer for Litecoin.

Only someone running a pump and dump would stick their neck out and give you an answer of "yes, go long on X-coin, you can't fail to get super rich on the back of X-coin" - I hope there isn't actually an "X" coin, it's just meant as a catch all in that context!

This is a good and informative primer on these forums for trading:
https://bitcointalk.org/index.php?topic=262525.0


Hope some of that helps

[bitcoinmistress]

What are the chances of LTC replacing BTC? I think with so much infrastructure invested in BTC, it makes LTC harder to take over BTC. Someone's even sending a bitcoin node to outer space!

[bryant.coleman]

The future price of LTC will be between 1% and 5% of the BTC price. So if BTC crosses the $1,000,000 mark by 2020, LTC will be placed somewhere in the $10,000 - $50,000 range.

[litegold]

Hopefully $1000/ ltc one day 

[stompix]

Its demand that dictates the price of any coins , not the number of them.
There are coins which are more scarce than bitcoin and nobody gives a damn about their price.

Currently LTC/BTC is 0.03.

[desticy]

Although Bitcoin and Litecoin are well established.

[Necrowizard]

I think, in 2014(but not in december 2013) LTC will make a new record and grow to 0.05 btc and higher

[cerleo]

Well,we cannot say that the ltc price will surely follow the btc one.There may be kind of a link between them,however this doesn't certainly mean that this will go as a matter for the price.But it either way can increase its value.

[james1457]

just speculation, but

$0

[MANRAY1]

As a naturally cautious man my foray into LTC is a grave breach of character for some reason.

I am sure that there is a logical fallacy somewhere but now I'm a few thousand dollars in gpus and still haven't built it yet.

All my hopes rest on a boost in LTC. I have a lot to lose.

[portalufonet]

1 million USD in 2020? I will be rich with my 10 bitcoins!!!!!!!! yesssssssssss hahahahahaha!

The future price of LTC will be between 1% and 5% of the BTC price. So if BTC crosses the $1,000,000 mark by 2020, LTC will be placed somewhere in the $10,000 - $50,000 range.

[Crypto4me]

Wow.  Nice read.  Good opinions.

[GoldenFuture]

Based on where the price has been and the fluctuations, I'm going to predict a $40 LTC floor after Jan. 1 and a $60 LTC by June 1. I'm predicting a $1500-1800 BTC by the end of Summer 2014 so at .04 LTC/BTC, that would make each LTC worth $60-72. I think a $2000 BTC and a $100 LTC (or higher) could be possible in 2014 but I'm conservatively thinking $75 as a 2014 target.

[cerleo]

Yes,it can't be said exactly but it will likely continue to grow up.However,the price it will go to depends on a lot of factors which should first be considered.

[dogedealer]

If bitcoin would be banned somewhere (in China for example), I think LTC may take its place and will cost 500-600$.