Dragonrage201
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November 19, 2019, 03:24:58 AM |
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If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.
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Fundamentals Of
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November 19, 2019, 03:29:31 AM |
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If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.
It is not too high a target for Litecoin but it will take more than a year or two probably. Litecoin is doubtless a good alternative coin, no wonder why it is considered the Silver of Bitcoin's Gold. But it is still highly dependent on the overall market performance. If the market will be bleeding then Litecoin cannot grow in the pace that the people are expecting. A safe way to make sure that you have your LTC by the time $1,000 arrives is to HODL them long term.
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alan2here
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November 19, 2019, 09:24:35 AM |
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If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.
I think the most important thing is the value of Bitcoin because if this coin goes up, then all the coins will start to follow or exceed price have reached in the past. In my opinion, with what is happening in this market, we should expect more and Litecoin can fully reach $500 in the near future. Now still quite far from reality but this market has a lot of surprises. Personally, I only invest when everything is clear and based on analysis to draw a final conclusion. Of course, risk in investment is possible but someday the crypto market will be the most powerful financial market on the planet.
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cryptoangel
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November 19, 2019, 11:11:53 AM |
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If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.
Litecoin growing is hard to see on next year, Because current status is just 56 USD only so no one is decide the 400 USD on next uptrend. Bitcoin investors are concentrate both altcoin also but everyone not choose the Litecoin only so we expect some normal hype on next year. Next year starting everyone understand what will happen on till May month.
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Abiky (OP)
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November 21, 2019, 04:43:28 PM |
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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.
That's certainly true, mate. Litecoin is not how it used to be within crypto's early days. Now it's just a pump-and-dump coin than anything else. While it works as an experimental grounds for Bitcoin to test out new features, it's not quite as useful as it used to be. There are now zillions of altcoins that are much faster and cheaper than Litecoin itself. Even Ethereum has been superior than Litecoin in every way. I guess the only thing that has kept Litecoin alive is its branding recognition. After all, Litecoin is one of the oldest cryptocurrencies in existence. It has a tried and tested blockchain ledger just like Bitcoin. Compared with other alts, Litecoin is much more secure and decentralized. As of now, each Litecoin is worth less than $100. The goal of $1,000 per coin may take longer than usual to reach, if Litecoin remains like this. There needs to be massive demand into the cryptocurrency to drive its price to the moon. The only way for Litecoin to reach such astronomical levels in price is if Bitcoin experiences new gains across the crypto market. The next bull run, would benefit not only Bitcoin itself but other altcoins as well (including Litecoin). Someday, we'll get to see the true value of Litecoin as the crypto industry evolves over time. With stable market prices, and an ample regulatory framework for Blockchain technology, Litecoin and other cryptocurrencies would remain stable in price for the foreseeable future. Nonetheless, it's hoped that the next block halving would increase LTC's price by a small margin. All the eyes are on Bitcoin, as once it increases in price, other altcoins will follow. Time will tell us if within a couple of years from now, LTC will reach at least $1,000 per coin or not. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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carlfebz2
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November 21, 2019, 04:51:26 PM |
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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? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Who knows? but pretty sure that it do really have potential.Its do sits up strong on top rank alts and we cant really deny that this one do really had the potential $1k price on 5-10 years time sounds really realistic but im not really foreseeing those times yet its too far away.If you are a hodler of this coin then it wont really be that an easy journey.Good luck!
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zeze18
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November 21, 2019, 04:57:22 PM |
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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? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Who knows? but pretty sure that it do really have potential.Its do sits up strong on top rank alts and we cant really deny that this one do really had the potential $1k price on 5-10 years time sounds really realistic but im not really foreseeing those times yet its too far away.If you are a hodler of this coin then it wont really be that an easy journey.Good luck! Maybe this would be happen if there are no new altcoin that will be born in the future, crypto projects are born almost every day and i'm sure in 5-10 years interval there must be some of those project that will be booming and many people hunt for it. So, old altcoins has lower chance to stand still and survive in the future
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Abiky (OP)
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November 28, 2019, 01:47:00 PM |
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Maybe this would be happen if there are no new altcoin that will be born in the future, crypto projects are born almost every day and i'm sure in 5-10 years interval there must be some of those project that will be booming and many people hunt for it. So, old altcoins has lower chance to stand still and survive in the future
That's certainly true, mate. Most people look for the newest projects in the crypto space, leaving old ones in the dust. But I believe that won't be the case with Litecoin, since it's a largely respected cryptocurrency within the Blockchain industry. Being close to Bitcoin in terms of development, has allowed it to survive for quite some time. In my eyes, Litecoin is a unique cryptocurrency that serves as experimental grounds for testing out new features for the BTC blockchain. People can use newly proposed features for the BTC blockchain right into Litecoin before they're implemented within the pioneer cryptocurrency. As of now, prices are gradually increasing but still far from 2017's ATHs. If Litecoin remains below the $100 range, it may take quite some time before it'll be able to reach $1,000 across the crypto market. Of course, 5 to 10 years from now is a lot of time for the Blockchain space to improve for the better. Perhaps, Litecoin could experience a massive upsurge in price with the adoption of Mimblewimble and certain other goodies. We'll just have to wait and see what happens with Bitcoin first, as it's the true indicator of crypto's market prices these days. After the next bull market, we could see positive gains for LTC. As long as you've accumulated LTC while prices have been in their very lows, you'll be able to reap a lot of money once it becomes valued at $1,000 per coin. Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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AjithBtc
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November 28, 2019, 02:32:08 PM |
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Litecoin was expected to experience a big growth this year based on the halving. To this no big growth took place, and price fell low. Truly Litecoin is much of a potential asset that gives assured profit, but this can't be predicted to happen at the time we expect. When Litecoin reached above $300, Litecoin's founder termed it a big success. This means they are more happy with the progress which keeps them forward on growth.
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Gheka
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November 28, 2019, 02:59:29 PM |
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Litecoin was expected to experience a big growth this year based on the halving. To this no big growth took place, and price fell low. Truly Litecoin is much of a potential asset that gives assured profit, but this can't be predicted to happen at the time we expect. When Litecoin reached above $300, Litecoin's founder termed it a big success. This means they are more happy with the progress which keeps them forward on growth.
Indeed, the halving event is expected to boost people's demand for litecoin but this event doesn't seem to be very well received by everyone, more precisely, the accumulation process is not big enough while the dumping process is stronger when many people in the past have bought litecoin at high prices but right now, the price of litecoin makes them so much disappointed, missing out on so many other opportunities in the market. Litecoin may be judged as potential but its age is over, it is no longer a very special product, $1000 is probably the price it never reached.
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wajik-tempe
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November 28, 2019, 03:14:12 PM |
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Way back to 2018, the Lee tweeted the dump news on social media pages because of the pressure of traders who ask the source of the huge dump with team funds. The owner of Litecoin just liquidated the holdings and price touched to the $100, IIRC. The positive expectations were estimated in the last halving but the market was already priced. My guess is $200 for the next year as ATH.
Yeah expecting 1k is neede more than 5 years or more because with the currenct price and with the market movement right now, it seems altcoin like litecoin will hard to climb to the top currency. Except BTC price pump hard to 100k USD maybe it will happen but not in near future
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TGD
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November 28, 2019, 03:30:34 PM |
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Way back to 2018, the Lee tweeted the dump news on social media pages because of the pressure of traders who ask the source of the huge dump with team funds. The owner of Litecoin just liquidated the holdings and price touched to the $100, IIRC. The positive expectations were estimated in the last halving but the market was already priced. My guess is $200 for the next year as ATH.
There is no big news upcoming for Litecoin anymore. Even Charlie Lee already dump all his holdings and halving didn't lift the price. A 200$ price is only posssible the price of BTC pump back to all time high again. This is the only hope of all altcoins that already established and out of gas for news to boost again the price.
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AakZaki
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November 28, 2019, 05:13:17 PM |
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If we look at the current price of Litecoin under $ 100 it is impossible to reach $ 1000 in a few years, from a technical point of view there are no indicators that indicate that it can reach that price. also from a fundamental point of view there is no news that can push that price. I am not pessimistic about Litecoin, only I am telling the truth of what I know. but it might be possible to reach $ 1000 if the price of bitcoin has reached $ 100,000.
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cryptothreads
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November 29, 2019, 01:36:52 AM |
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If we look at the current price of Litecoin under $ 100 it is impossible to reach $ 1000 in a few years, from a technical point of view there are no indicators that indicate that it can reach that price. also from a fundamental point of view there is no news that can push that price. I am not pessimistic about Litecoin, only I am telling the truth of what I know. but it might be possible to reach $ 1000 if the price of bitcoin has reached $ 100,000.
I agree with you. There is not much outstanding information about this coin and Litecoin development team has been very inactive recently so this coin is only good when the market starts to rise. Currently, people should only predict the value of Litecoin from $100 to $200 because it is a price that can be reached if the investment needs increase and surely $1,000 will never happen if the market maintains the downtrend. Currently, Litecoin is experiencing huge volatility and has dropped to $45 in recent days so it will be difficult to tell the future of this coin.
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Desscount
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ComboLabs
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November 29, 2019, 09:34:46 AM |
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If we look at the current price of Litecoin under $ 100 it is impossible to reach $ 1000 in a few years, from a technical point of view there are no indicators that indicate that it can reach that price. also from a fundamental point of view there is no news that can push that price. I am not pessimistic about Litecoin, only I am telling the truth of what I know. but it might be possible to reach $ 1000 if the price of bitcoin has reached $ 100,000.
I agree with you. There is not much outstanding information about this coin and Litecoin development team has been very inactive recently so this coin is only good when the market starts to rise. Currently, people should only predict the value of Litecoin from $100 to $200 because it is a price that can be reached if the investment needs increase and surely $1,000 will never happen if the market maintains the downtrend. Currently, Litecoin is experiencing huge volatility and has dropped to $45 in recent days so it will be difficult to tell the future of this coin. even though the price is still very cheap at $ 45, if the development of their project is still going on, I think investors and traders for Litecoin don't need to worry, especially Litecoin still occupies the top 10 position, so there's no need to be sad, just hold
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Sonu_titu
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November 29, 2019, 10:07:11 AM |
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If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.
If BTC pumps up then definitely alt coins will pump up and thus, it would not only LTC almost all top coins are good to invest.
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Pelunize12
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November 29, 2019, 11:28:30 AM |
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If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.
Litecoin growing is hard to see on next year, Because current status is just 56 USD only so no one is decide the 400 USD on next uptrend. Bitcoin investors are concentrate both altcoin also but everyone not choose the Litecoin only so we expect some normal hype on next year. Next year starting everyone understand what will happen on till May month. Dont you remember that Bitcoin can grow more than 40% just in a few day? it means that altcoins, which have lower marketcap, can grow 3-10x easily so, it is reasonable if Litecoin can grow to 400 USD furthermore, altseason makes altcoins super crazy. most of altcoin can grow up so hard. moreover, litecoin, which is well-known coin, can easily get high interested.
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Kasabus
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November 29, 2019, 01:04:09 PM |
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LTC is one of the favorite coins in the market, its been surviving through the test so definitely I will have to believe that it will rise more once the the market gets better. LTC is only valued at $48 now, but its not impossible in crypto for a coin to rise 100 times or more, so for sure in in years to come, we can expect that LTC will be valued at $1,000.
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Landak
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November 29, 2019, 01:21:30 PM |
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I personally doubt that, if the price of ethereum is discussed I can be very sure it can happen but can Litecoin be able to reach 1000$ in a few years? I don't feel so sure. If there really is an increase, my predict the highest price range is only around 500$. this case if the price of bitcoin does not touch the price of 20k usd, because if the price of bitcoin soars surely all doubts will turn out to be unexpected.
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HILIH KINTIL
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uray
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November 29, 2019, 01:41:47 PM |
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If BTC pumps up then definitely alt coins will pump up and thus, it would not only LTC almost all top coins are good to invest.
It is a expectation that the alt coin market will rise along the bitcoin market or after the rally in bitcoin will end the alt coin market rallies, we have seen that in the past but how sure we can be this time around is a big question, i like litecoin and i have a few coins because i used to mine and i am yet to sell majority of the top coins and i am also expecting a rally to clear everything and i am sure majority will be thinking the same. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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