Litecoin could reach $1,000 in a couple of years from now

[Abiky]

Litecoin being considering by many as "Silver" to Bitcoin's "Gold", hasn't experienced much gains lately. With a total supply of only 84 million coins, and a halving every 4 years, it's likely that Litecoin will have a much higher price than now within the future. Litecoin's biggest advantage over Bitcoin, is that it's much faster and cheaper for everyday transactions. It has many of Bitcoin's goodies like SegWit and Lightning Network, so there's a chance that it'll become extremely valuable within a couple of years from now. I'm going for $1,000 per coin in just 5 to 10 years from now, as it's a more realistic target for LTC.

Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts?

[jossiel]

Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts?

I think that it will take some time now. Before, I'm very optimistic about Litecoin but due to some unprecedented changes from the top of its developers up to now. Everyone expected that the halving will bring it into fruition.

But I guess, we're too quick enough to speculate but still hoping for that positive effect of it.

[andreibi]

A lot can happen in 5 to 10 years, heck, even with Bitcoin. Bitcoin could be gone in 5 to 10 years, although it is just a remote possibility because more good news is going for it. While Litecoin hasn't really made any meaningful upgrades or updates. Its developers are not well-known like Ethereum or Bitcoin. Maybe in five years, Litecoin could be forgotten.

[CjMapope]

Litecoin being considering by many as "Silver" to Bitcoin's "Gold", hasn't experienced much gains lately. With a total supply of only 84 million coins, and a halving every 4 years, it's likely that Litecoin will have a much higher price than now within the future. Litecoin's biggest advantage over Bitcoin, is that it's much faster and cheaper for everyday transactions. It has many of Bitcoin's goodies like SegWit and Lightning Network, so there's a chance that it'll become extremely valuable within a couple of years from now. I'm going for $1,000 per coin in just 5 to 10 years from now, as it's a more realistic target for LTC.

Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts?

i totally agree with this man, i have also been quite positive about LTC lately. i have been buying my ass off any chance i can get since it went under 80
i think its only gotten stronger since Charlie lee stepped back too
The only thing with LTC is just it's PoW, new tech could come at anytime, or some sort of asicboost for LTC, and we could see alot more miner sell pressure
1000$? i dont think so, but 250$ for sure by 2020 imo

[Abiky]

A lot can happen in 5 to 10 years, heck, even with Bitcoin. Bitcoin could be gone in 5 to 10 years, although it is just a remote possibility because more good news is going for it. While Litecoin hasn't really made any meaningful upgrades or updates. Its developers are not well-known like Ethereum or Bitcoin. Maybe in five years, Litecoin could be forgotten.

That's certainly true, mate. Even if LTC's developers are not well-known like those working on Ethereum or Bitcoin, they have done a great job of maintaining the project. Litecoin's founder (Charlie Lee) is still active on the crypto community after all these years. This may be an indication that the cryptocurrency will survive for many years to come. While prices are quite low these days (compared to 2017's ATH of $375.29 per coin), Litecoin could experience an upsurge in price within its next halving. Additionally, the next crypto bull market will positively affect not only Litecoin but other cryptocurrencies too.

The target price of $1,000 may seem far from becoming a reality anytime soon as LTC is still hovering within the $55 - $60 range. But in this uncertain world of crypto, anything could happen. If you take a deep look at Litecoin's developments, you'll notice that it greatly resembles Bitcoin in every way. I believe that Litecoin serves as an "experimental grounds" for testing out new features on the BTC blockchain. With Mimblewimble coming soon within LTC, I believe that there will be "FOMO" across people in the mainstream world, resulting in higher prices over the long term.

Nonetheless, it may take a while before we could experience $1,000 per Litecoin across the crypto market. I think it's best to accumulate LTC while it's below $100, to cash out within the next bull market. Aside from profits, Litecoin has been performing well as a cryptocurrency for censorship-resistant payments after all these years. Just my thoughts

[NathanJB]

Well, if it is at least 5 years from now, it is very possible. But if you say that Litecoin will reach $1,000 in a couple of years from now, I cannot say that it is going to happen. Litecoin is less than a hundred USD as of now. The year will hopefully end with Litecoin hitting $150 or $200. So probably it will reach around $500 in the following year and the next year will have Litecoin reach around $700 or $800.

[Ridwan Fauzi]

I believe that litecoin is a form of bitcoin perpection. I haven't found if there is an altcoin which has a halving event except litecoin.

From the all time high that had been reached at 2017 ago its price almost reach $400. So, I'll predict that litecoin is able to reach $1000 but I don't know when it comes.

[sulis sudibyo]

that can happen if bitcoin is flying high, maybe if bitcoin can reach 50k within 5 years, ltc can at the price of 1k. because all the anomalies on the crypto market are caused by bitcoin, like ATH a few years ago, or the market crash last year, all caused by bitcoin. so just hope that bitcoin doesn't fall again for the next few years. If it comes true it's not just ltc but all altcoin will rise from the dead.

[Pearls Before Swine]

Litecoin being considering by many as "Silver" to Bitcoin's "Gold

That used to be the case up until about 2015 or so, perhaps a bit later, but it's not really true anymore.  Bitcoin is still the 'gold' but other coins like Eth and a couple of others have kind of taken the place of that 'silver'.

Litecoin more or less tracks the price of bitcoin, so unless bitcoin goes to $100,000 or thereabouts I wouldn't think ltc would go to $1000 on its own.  It's possible there could be a pump by investors with a lot of money, but if that were the case the price wouldn't stay that high that long.  I don't dislike ltc as a coin, and it actually does have merchants that accept it...but it's not my kind of coin as far as investment goes.

[Darooghe]

Litecoin is a copy and paste of Bitcoin with a couple variables changed, and don't expect too much for a bitcoin testnet. It doesn’t do anything unique to separate itself from the thousands of other crypto, this is why it has to spend money on advertising rather than development. It’s not the fastest, it’s not the cheapest, it doesn’t scale, it has the exact same problems as BTC. Overall there is nothing protecting it from being replaced.

I think Litecoin needs to once and for all die off because it serves absolutely no purpose. this is coming from someone that supported it for a while, but not anymore. furthermore the whales hugely inflate it's market, so until it breaks $200-$300 again I would be hesitant to buy or HODL. maybe you lose a few dollars but way better than buying or HODLing now. i am still very pessimistic long-term. be careful of sudden changes in trends by a few people with a lot of chips like the late one, Charlie Lee.

[Shasha80]

Many people are pessimistic lately about altcoins, including Litecoin for now investors are increasingly forgotten. But I still believe
in the potential of Litecoin, as we know the growth of the crypto world is very fast. If the market is currently sluggish, it's only natural
considering the long bearish market. But soon it will enter in 2020 a lot of good news that supports the progress of crypto currency,
therefore I believe in 2020 is crypto awakening points include Litecoin. My predictions are very realistic if the target is 5-10 years in
the future Litecoin prices can reach $ 1,000. Because Litecoin in 2017 touched prices above $ 300, so a few years from now Litecoin must
rise and the price will reaches $ 1,000.

[Jating]

I guess everything is really possible in this cryptosphere.

We don't know, if there are bull run starting in 2020 then possible that it can reach 4 digit as the OP suggested. Just look at bitcoin, who would have thought that it can reach as high as $20k in 2017? The highest that I saw early in 2017's prediction is $5k, but we all know that happen next.

The thing with Litecoin is that gamblers are still using it, similar to Doge. Because transaction is very quick and fees are not that high. So there's still a bright future for this coin, maybe down 5-10 years as others have suggested.

[DaMut]

It is not about being a "silver" to Bitcoin "gold" but it is all about adoption, regulation, and utility. a lot of things can happen in 5 years or even 10 years, as long as it is accepted by public and can be used legally in real life, not to mention $1,000 even $10,000 is possible for litecoin to reach. but again, will people and the government support it in the future?
for now, I do not see we are going anywhere near that. it needs time to grow and nobody knows when will this going to happen.

[Pelunize12]

litecoin is one of top cryptocurrency, i think it is very possible to reach $ 1000 in the next altseason
otherwise there is no altseason, i doubt it would happen, bcz we all already know almost 2 year without altseason most of crypto going down
if you believe altseason will happen, then buy and hold it

[sikke]

Highly unlikely, unless BTC itself has a significant bull run that drags up all alts.

LTC's heydays are over, and even though it still provides significant utility in facilitating cheap transactions and segwit integration, it no longer has the demand from the market like it used to - especially without smart contracts.

It seems very unlikely that it'll be able to climb in value so drastically, unless the entire crypto market sees a pump like 2017.

[slaman29]

i totally agree with this man, i have also been quite positive about LTC lately. i have been buying my ass off any chance i can get since it went under 80
i think its only gotten stronger since Charlie lee stepped back too
The only thing with LTC is just it's PoW, new tech could come at anytime, or some sort of asicboost for LTC, and we could see alot more miner sell pressure
1000$? i dont think so, but 250$ for sure by 2020 imo

I also entered but actually before it reached $80, so I was very happy when $300 came. I still held on because I wanted it to be $500 and I still have hopes now, more than disappointment since I would never have sold anyway.

I still add every now and then, but not buying my ass off. Bitcoin will always be the big choice, no matter how much I actually do like LTC;)

[novaprime]

Litecoin being considering by many as "Silver" to Bitcoin's "Gold", hasn't experienced much gains lately. With a total supply of only 84 million coins, and a halving every 4 years, it's likely that Litecoin will have a much higher price than now within the future. Litecoin's biggest advantage over Bitcoin, is that it's much faster and cheaper for everyday transactions. It has many of Bitcoin's goodies like SegWit and Lightning Network, so there's a chance that it'll become extremely valuable within a couple of years from now. I'm going for $1,000 per coin in just 5 to 10 years from now, as it's a more realistic target for LTC.

Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts?

In my opinion, this coin must first return to the uptrend as soon as possible and must wait for LTC to return to the highest price it has ever reached in the past. It is difficult to talk about the future of Litecoin but the possibility of reaching $1,000 is very low and should not be optimistic early during this period. Of course we have the right to hope but it is best to only predict when this coin starts to rise again.

[arwin100]

i totally agree with this man, i have also been quite positive about LTC lately. i have been buying my ass off any chance i can get since it went under 80
i think its only gotten stronger since Charlie lee stepped back too
The only thing with LTC is just it's PoW, new tech could come at anytime, or some sort of asicboost for LTC, and we could see alot more miner sell pressure
1000$? i dont think so, but 250$ for sure by 2020 imo

I also entered but actually before it reached $80, so I was very happy when $300 came. I still held on because I wanted it to be $500 and I still have hopes now, more than disappointment since I would never have sold anyway.

I still add every now and then, but not buying my ass off. Bitcoin will always be the big choice, no matter how much I actually do like LTC;)

Well you lose your possible profit on the past volatility since there so many upside down happened and provably there are so many people earned with it but I cannot blame you to uphold since maybe you are at lose if I'm not wrong if you sale it these days. Maybe in future if good things maybe we can see it reach to 300$ up to 1000$ each .

And also better to ride on with ETH since the probability to get profit is still high and the price is so cheap these days.

[PuertoLibre]

It is not easy to predict the price of LTC in the next bullrun but highly unlikely it will hit the ATH. The market patterns repeat we can observe this on the different altcoin charts included LTC. There is smelling of potential altcoin season in the crypto markets, Litecoin can only aim to climb $1000 under the bull market conditions. IMO, the first reaching the $200 price level is the first entrance for tracking to the mentioned price levels.

[Doell]

$1,000 in 5-10 years from now that might happen but litecoin must grow prices in bitcoin around 0.04 btc/litecoin it will be easy for litecoin to reach 1,000 or even more but I cannot conclude now because in a year the market may change quickly larger adoptions must be realized in public to make this possible