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

[scambust]

If the Litecoin dev team adopts Mimblewimble, then it'll be a game-changer for the privacy of its underlying blockchain network. This would allow Litecoin to distance itself from Bitcoin in every way. There will be "FOMO" across the crypto market, because of LTC's newly adopted privacy feature.

That's a big "IF." Mimblewimble is a completely different algorithm, with completely different set of rules. If LTC adopts Mimblewimble, there would be a coin swap I imagine. Theymos likes Grimcoin too.

[jarhed]

LTC is unlikely to reach $1,000 in a few years, because LTC technology is already outdated and it is unlikely that LTC will ever reach $1,000.

[deathcode]

LTC is unlikely to reach $1,000 in a few years, because LTC technology is already outdated and it is unlikely that LTC will ever reach $1,000.

Because halving has occurred and there is no effect of the update on LTC prices does not mean that it will not increase. that's the point of future updates. although it is outdated, but if there are updates that can make requests increase in the future, 1000 is not an impossible problem. remember the market mates are always on the move and we never know what will happen in the future.

[FairUser]

Nothing can be certain and helping LTC to reach $ 1000 in the next few years, The current LTC is like a dead altcoin and the price keeps going down. I also gave up holding LTC in 2018 because it has no future, their CEO gave up on the project because so we should not care too much about this project, there are many other projects better than LTC that are operating and also very cheap, we should invest in them more.

[johnwest]

It will definitely take more than a couple of years. Once the crypto market is saturated and other alts start implementing in the real world then we may see projects like ltecoin going boom. 1000$ is really optimistic and will definitely take more time. 

[Pelunize12]

LTC is unlikely to reach $1,000 in a few years, because LTC technology is already outdated and it is unlikely that LTC will ever reach $1,000.

Because halving has occurred and there is no effect of the update on LTC prices does not mean that it will not increase. that's the point of future updates. although it is outdated, but if there are updates that can make requests increase in the future, 1000 is not an impossible problem. remember the market mates are always on the move and we never know what will happen in the future.

the last LTC ATH was just $ 300, it means LTC needs more than 3x to get $ 1,000
yes I know that LTC is one of good coin. LTC's price is $ 40 now, so it needs so much amount to get $ 1,000
I can't imagine how much money to flow in crypto to get LTC to $ 1,000

[Ikouwais]

No demand for this coin - my charts show a slow steady decline below $10 and a painful drop out of the top 20. It's about time we move away from speculation and not have coins which are simply a copy and paste jobs of Btc.

[Bezobraznike]

No demand for this coin - my charts show a slow steady decline below $10 and a painful drop out of the top 20. It's about time we move away from speculation and not have coins which are simply a copy and paste jobs of Btc.

   There is demand for Litecoin, and Litecoin has a great community. Many people trade with Litecoin, using it for paying, or
gambling. It's around for years, and it's first after Bitcoin.
   Every coin with limited supply have potential to cost a lot one day. If demand rises to sky, limited amount of coins in
circulation are like guarantee that coin will rise it's value. Is Litecoin one of them, we will see in several years. I
personally think that this prediction is too optimistic.

[ecnalubma]

I have faith in Litecoin just like Bitcoin, I believe this coin is still undervalued and could take a break anytime soon,

LTC is unlikely to reach $1,000 in a few years, because LTC technology is already outdated and it is unlikely that LTC will ever reach $1,000.

Were talking about few years not months, the price can still soar. Crypto will keep surprising us, if Litecoin will improved its usability, price may rise inevitably.

[shoreno]

I have faith in Litecoin just like Bitcoin, I believe this coin is still undervalued and could take a break anytime soon,

LTC is unlikely to reach $1,000 in a few years, because LTC technology is already outdated and it is unlikely that LTC will ever reach $1,000.

Were talking about few years not months, the price can still soar. Crypto will keep surprising us, if Litecoin will improved its usability, price may rise inevitably.

but even if months or weeks , the price can also shock us  . seems like you already forgot what happen on the past when all of the cryptos are climbing like hell  . ltc is already a good coin and has a good usage but improvements is always welcome  and who wont like the coin to improve more ? no one i guess  .  ltc is not outdated but ltc is competing and still on the main stream nowadays  but unfortunately  ltc is know to be a fast coin and suitable for paying purposes so i dont think ltc will rise too much

[aioc]

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'm hoping it will I have an account on Cryptotalk and I am getting paid with satoshis for posting but when I am withdrawing my earnings I trade it to Litecoin because of its low fee and fast transactions, I'm holding Litecoin, Ethereum and Bitcoin and I believe I have the right coin in my portfolio.

[naikturun]

yes that can happen, and also litecoin has a high daily volume, ath litecoin is highest at 375 $ I think it will not be difficult for ltc to reach new ath when market conditions start to improve maybe 5-10 years.

[Gheka]

yes that can happen, and also litecoin has a high daily volume, ath litecoin is highest at 375 $ I think it will not be difficult for ltc to reach new ath when market conditions start to improve maybe 5-10 years.

I believe that market conditions may improve in the coming years but that is probably not a reason for litecoin to go up, it may even be a reason for litecoin not achieving the price we expected because the highest price litecoin can achieve, it is quite dependent on market manipulation, and the requirement for manipulation is the need for more whales to coordinate and boost capitalization. If the market continues to grow and become more popular, the whale's manipulation will diminish as a lot of capitalization is split into multiple places and countered whales, permanent litecoin will not be able to achieve the high price or breakout

[d3nz]

There is a possibility that it could happen just like Ethereum it hits ATH at more than the value of $1,000 and I think if that will happen then everything including some altcoins could reach more than the value we were expecting and this could only happen when Bitcoin pumps up at the value between the range of $30,000 - $50,000. But, it might take some time.

So, we just need to accumulate as long as we can and take advantage and develop our skills on trading when the time comes.

[slaman29]

I kind of agree with Abiky about tried and tested. I know a lot of purists will always see Litecoin as a stupid speculative currency that really has no potential for big prices, and I think I can agree partially. But LTC has never pretended to be anything other than a lighter and faster alternative to BTC, so I think the holders are happy with that comparison. 1k though? Only if Bitcoin breaks a new ATH.

[sniveling]

yes that can happen, and also litecoin has a high daily volume, ath litecoin is highest at 375 $ I think it will not be difficult for ltc to reach new ath when market conditions start to improve maybe 5-10 years.

I think that in 5-10 year, LTCs will be able to move out of the top, because LTC uses already outdated blockchain technology.

[Ikouwais]

Ltc is an outdated and unused shitcoin that will eventually head out of the top 50 imo...

Read

https://cryptobriefing.com/novogratz-bitcoin-ethereum-overtake-bitcoin/

Litecoin, for example, has a “very vibrant community,” according to Novogratz. “But it’s a community of speculators,” he said. “There’s no one building anything on the Litecoin blockchain.”

“ To me,” he added, Litecoin has “no future. “

Wakeup and stop investing in dead coins.

Ltc ratio will likely get a reaction against Btc at 5200 but it will be shortlived... this looks like a long bleed down to 4490 and then 3170 at some point.

As for the dollar peg...I will not be surprised to see a single digit Litecoin in the future.

I believe we are experiencing and dotcom type cleansing where this horrible apocalypse is far from done.

[Oilacris]

I kind of agree with Abiky about tried and tested. I know a lot of purists will always see Litecoin as a stupid speculative currency that really has no potential for big prices, and I think I can agree partially. But LTC has never pretended to be anything other than a lighter and faster alternative to BTC, so I think the holders are happy with that comparison. 1k though? Only if Bitcoin breaks a new ATH.

Outdated or not then it would really vary on each person but if we do talk then its clearly outdated but how we do consider other alt platforms?
You are right that LTC never pretended to be anything.I havent expect that there were lots of criticism for this coin though and talking about
reaching 1k price in couple of years will really vary on market condition.

[Abiky]

It will definitely take more than a couple of years. Once the crypto market is saturated and other alts start implementing in the real world then we may see projects like ltecoin going boom. 1000$ is really optimistic and will definitely take more time. 

Exactly. The current situation of the market, tells us that it will take quite some time before Litecoin will be able to reach a price of $1,000 per coin. Bitcoin needs to rise in price first, for altcoins to follow. Usually, the top 5-10 coins in market cap experience higher gains than the rest of the coins on the market. Litecoin is among the coins in that list, with a high potential of increasing in price for the foreseeable future. In order to increase demand for the cryptocurrency, developers need to implement new features that are sure to attract people in the mainstream world. They've already announced the possibility of adding Mimblewimble into Litecoin, yet everything is still the same. Maybe this new privacy tech could boost Litecoin's price across the market. After all, the cryptocurrency will be able to distance itself from Bitcoin by adopting privacy solutions like the one that was mentioned previously.

In the meantime, it's best to buy Litecoin while it's still below the $100 range. $50 per Litecoin seem to be a bargain nowadays, if you consider the cryptocurrency's total supply relative to Bitcoin's. No one knows what will happen in the future. But the volatile nature of the crypto market could make even the most insignificant cryptocurrencies extremely valuable in a blink of an eye. Time will tell us if Litecoin will be able to achieve $1,000 per coin or not. Just my thoughts

[romero121]

In a thread it was asked whether one need to wait until Litecoin falls to $30. Looking the market it can happen, but what we have right now itself a good price for buying. Right now it is around $40, investing now and if left for profiting it'll surely give a big return because someday. Even on reaching its ath itself a big price, and halving from Litecoin is expected to make a big change, but nothing big happened. Hope the upcoming year to give a big change.