I love the argument that LTC is "overvalued."
They have been saying that since it was just $0.008 per LTC in early 2012.
Since then, it has incrementally doubled itself, repeatedly, on virtually no other fact that it is literally
the 2nd virtual coin after Bitcoin.
And now that Bitcoin has continued to prosper, and has become more accepted and understood in the
mainstream news, Litecoin has itself become more recognized and risen in value even more.
2014 should be LTC's breakout year (like 2013 was for Bitcoin) for these reasons...
- LTC is a much cheaper way to invest in virtual currency than Bitcoin
- LTC does not have the taint of Bitcoin's dark side, i.e. Silk Road
- LTC has potential to be adopted by established BTC exchanges, (Gox, Coinbase, China)
- LTC has Charlie Lee, the LTC Dev now working for Coinbase, and his brother who owns BtcChina
- LTC is functionally more secure, faster and has 4x the quantity of Bitcoin
- LTC mining is now far more profitable than Bitcoin mining now
All I am saying is that the LTC boat has not sailed yet, and you can still get on.
Its just gonna cost you a little more. Like when you could of gotten bitcoin for $25 not too long ago...
![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
LTC hitting $50-$100 range by mid to late 2014, that's my conservative guess.
Stew