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Author Topic: If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on  (Read 584 times)
josebcn (OP)
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June 29, 2020, 02:47:08 AM
 #1

If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysis
by Joseph A. Christian April 24, 2020

https://www.europeworldnews.com/if-bitcoin-hits-100000-after-halving-litecoin-may-be-worth-3000-based-on-analysis/

The experts' predictions about Bitcoin's halving point out that the price of the cryptocurrency may exceed $ 100,000, and this valuation is capable of benefiting other projects like Litecoin . An analysis posted on Twitter predicts that altcoin will hit $ 3,000 after Bitcoin's halving in 2020.

Just as the market expects Bitcoin to appreciate in the coming months, other cryptocurrencies also tend to increase with the halving expected to occur on May 8.

According to the Apple App Review profile that published the analysis on Twitter, Litecoin is one of those cryptocurrencies that may experience a wave of appreciation triggered by Bitcoin's price surge after halving.

If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysisIf Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysis
The publication looks at the possibility of altcoin trading at $ 3,000 in a scenario where the Bitcoin price reaches $ 100,000. Called the “sleeping giant,” Litecoin has a chance to break price records with Bitcoin going through its halving.

Litecoin listed at $ 3,000 for Bitcoin halving
Bitcoin halving will take place in 18 days, after the market has waited four years for the event to repeat. On this day the reward in Bitcoin mining will be cut in half, which can affect the entire cryptocurrency market.

One of the effects of halving is the rise in the price of Bitcoin, and other cryptocurrencies may follow this wave of appreciation.

There are predictions that the price of Bitcoin will hit $ 100,000 after halving. According to this forecast, the profile of the Apple App Review says that the price of Litecoin can be quoted at $ 3,000.

“Litecoin is the sleeping giant that is about to wake up. We could see that the price of Litecoin reaches $ 3,000 when Bitcoin rises to $ 100,000.”

The altcoin would be “asleep” waiting to go through an appreciation that could mean a growth of up to 6,900% in the price, considering the current Litecoin price that is trading for about $ 43 in the market.

In addition to citing the hypothesis related to the price of $ 100,000, the Twitter profile creates other elevated scenarios for the Litecoin price based on what Bitcoin can achieve with halving.

At a value of $ 25,000, for example, Litecoin is typically priced at $ 750, according to the comparison posted on social media. On the other hand, Litecoin was trading at $ 375 at the time that Bitcoin had its highest price on the market.

“In the latest high market followed by Bitcoin halving, Litecoin cost $ 375.”

Litecoin will outperform Bitcoin in 2020/2021 Bull market and here's why!

Jan 2018
bitcoin = $ 19,500 / litecoin = $ 375

July 2019
bitcoin = $ 14,500 / litecoin = $ 145

March 2020
bitcoin = $ 10,500 / litecoin = $ 85

Bitcoin = $ 25,000 and Litecoin = $ 750 #btc #bitcoin #ltc #litecoin

– AppleAppReview (@AppleAppReview_) April 20, 2020

Bitcoin can exceed $ 100,000
With the arrival of halving, numerous forecasts are emerging in the market that Bitcoin will grow soon. According to Cointelegraph, experts bet there is a chance that the price will rise to a million dollars.

For former Facebook executive Chamath Palihapitiya, for example, there is a chance that Bitcoin will be trading up to a million dollars after halving. The expert explains that there is a 5 to 10 percent chance that the cryptocurrency will touch this figure.

Another of these forecasts belongs to PlanB that brings the analysis of the cryptocurrency market on Twitter. This profile made correct guesses about the 2012 and 2016 halvings and believes the Bitcoin price will be trading above $ 100,000 after the 2020 halving.

Bitcoin needs to establish this value in the market for Litecoin to reach $ 3,000. Only then will the cryptocurrency have the opportunity to trade at this price.

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June 29, 2020, 08:02:58 AM
 #2

Then I will be a very happy man indeed if 1 LTC = 3000$!

I have dreamt of this scenario a lot but actually to a much lower scale of 1000. Which is why I always aimed to have at least 10 LTC (not yet achieved) and 5 ETH (even less achieved) right after I get my 1 BTC (almost half achieved).

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June 29, 2020, 12:53:55 PM
 #3

Then I will be a very happy man indeed if 1 LTC = 3000$!

I have dreamt of this scenario a lot but actually to a much lower scale of 1000. Which is why I always aimed to have at least 10 LTC (not yet achieved) and 5 ETH (even less achieved) right after I get my 1 BTC (almost half achieved).

That's pretty much awesome mate, possibly if bullrun comes we might see $3k per LTC. For now it remains a big dreams for all of us, and waiting is really a biggest challenge that we'll going to face meanwhile. Always keep your coins at safe storage and avoid any sort of panic decisions, because you might regret in the end if you lost it all for nothing; choose to hold rather than being an early seller.
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June 29, 2020, 01:15:33 PM
 #4

We can say that most of the high market cap cryptocurrencies out there almost always move together where Bitcoin is moving but it doesn't mean that it will almost and always be the same movement. There are times where Bitcoin is the only crypto in the market who is moving upwards while the others started falling this is mainly cause by these altcoins own investors offloading their hodlings of that crypto in order to participate Bitcoin's massive bull run. This scenario can always happen anytime and we cannot assume that if Bitcoin's price is this then the other Altcoin will move proportionally to that one we also need to analyze other factors such as the volume of the crypto itself when that happens because maybe another massive offloading will happen.
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June 29, 2020, 01:49:36 PM
 #5

But we can't even feel the effect of Halving meaning this is impossible to happen?

The price of Bitcoin is struggling to Even hit 10k again and now we are talking 100k here?

Litecoin is a good coin but i think the support from the dev is not that clear thats why it fells from the number 3 rank now to below number 5.

Then I will be a very happy man indeed if 1 LTC = 3000$!


I also happy in this level,so i can sell mine and convert to Bitcoin after while.
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June 29, 2020, 02:02:10 PM
 #6

If it is true that will be good news with an increase in the price of BTC $ 100,000 and LTC $ 3,000, then the price of ETH will also go up because I always expect prices to soar, maybe everyone also expects that increase.

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June 29, 2020, 10:49:27 PM
 #7

If it is true that will be good news with an increase in the price of BTC $ 100,000 and LTC $ 3,000, then the price of ETH will also go up because I always expect prices to soar, maybe everyone also expects that increase.

i'm sure, thats a hope from all crypto believer
because when bitcoin price growing, a lot of altcoin will growing too my friend

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June 29, 2020, 10:53:10 PM
 #8

But we can't even feel the effect of Halving meaning this is impossible to happen?

The price of Bitcoin is struggling to Even hit 10k again and now we are talking 100k here?

Litecoin is a good coin but i think the support from the dev is not that clear thats why it fells from the number 3 rank now to below number 5.

Then I will be a very happy man indeed if 1 LTC = 3000$!


I also happy in this level,so i can sell mine and convert to Bitcoin after while.

yes, because even the predictions from an expert will not always right,
all we can do is only how to manage the risk of our investment in cryptocurrency

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June 29, 2020, 11:46:55 PM
 #9

Then I will be a very happy man indeed if 1 LTC = 3000$!

I have dreamt of this scenario a lot but actually to a much lower scale of 1000. Which is why I always aimed to have at least 10 LTC (not yet achieved) and 5 ETH (even less achieved) right after I get my 1 BTC (almost half achieved).

Everyone do hopes for those prices that we havent reached before, not only limited to LTC but in all coins that we've been holding for too long but to look or basing up to those numbers then it is just likely a dream.
Yes, it can happen but this one would require full scale adoption before we do able to reach out those numbers. $3000 for LTC just because you do presume out that it will go along with btc numbers?
I dont think so since alts wont correlate from time to time and talking into that time where btc able to reach reach that spot then most people do focus mainly with btc and as always, alts will be lagging behind.

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June 30, 2020, 06:17:43 PM
 #10

Then I will be a very happy man indeed if 1 LTC = 3000$!

I have dreamt of this scenario a lot but actually to a much lower scale of 1000. Which is why I always aimed to have at least 10 LTC (not yet achieved) and 5 ETH (even less achieved) right after I get my 1 BTC (almost half achieved).

That's pretty much awesome mate, possibly if bullrun comes we might see $3k per LTC. For now it remains a big dreams for all of us, and waiting is really a biggest challenge that we'll going to face meanwhile. Always keep your coins at safe storage and avoid any sort of panic decisions, because you might regret in the end if you lost it all for nothing; choose to hold rather than being an early seller.
I think people are greatly overestimating the profits that LTC can produce, if bitcoin were to bull run now and reach 100k that will be an 11.11x increase in its price but in order for LTC to reach 3k from its current price of 41 dollars that will be a 73.17x increase, do you really think that litecoin is going to grow so much especially when investors are more aware of the limitations of altcoins? If anything I will be surprised if LTC can keep up with bitcoin during the next bull run.
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June 30, 2020, 06:29:43 PM
 #11

Then I will be a very happy man indeed if 1 LTC = 3000$!

I have dreamt of this scenario a lot but actually to a much lower scale of 1000. Which is why I always aimed to have at least 10 LTC (not yet achieved) and 5 ETH (even less achieved) right after I get my 1 BTC (almost half achieved).

That's pretty much awesome mate, possibly if bullrun comes we might see $3k per LTC. For now it remains a big dreams for all of us, and waiting is really a biggest challenge that we'll going to face meanwhile. Always keep your coins at safe storage and avoid any sort of panic decisions, because you might regret in the end if you lost it all for nothing; choose to hold rather than being an early seller.
I think people are greatly overestimating the profits that LTC can produce, if bitcoin were to bull run now and reach 100k that will be an 11.11x increase in its price but in order for LTC to reach 3k from its current price of 41 dollars that will be a 73.17x increase, do you really think that litecoin is going to grow so much especially when investors are more aware of the limitations of altcoins? If anything I will be surprised if LTC can keep up with bitcoin during the next bull run.
Good common sense. NO reason for Ltc to jump 70x and btc to jump 11x.

More likely btc hits 20-30k and ltc hits 400-500 usd.

BTW

  here is  free advice for any believer in LTC.   Doge will rise it is at $0.0023

I see it going to 0.01 by 2021.

I hold over 400,000 Doge coins I hope to get to 1,000,000 doge by 2021

This is philipma1957 alt. Do not conduct business  with this account
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June 30, 2020, 06:49:35 PM
 #12

So be prepared from now on. If what you say is true then you have to prepare now. Because not everyone has the opportunity to see this kind of bull run. I think very positively about crypto. So for the last few years I have been trying to deposit some $ every month in my crypto wallet. So it is better for me if the bull market starts from now.

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July 03, 2020, 12:11:45 AM
 #13

So be prepared from now on. If what you say is true then you have to prepare now. Because not everyone has the opportunity to see this kind of bull run. I think very positively about crypto. So for the last few years I have been trying to deposit some $ every month in my crypto wallet. So it is better for me if the bull market starts from now.

$1000 per LTC would make happy but $3000 would be a dream. Grin

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July 03, 2020, 05:30:41 AM
 #14

So be prepared from now on. If what you say is true then you have to prepare now. Because not everyone has the opportunity to see this kind of bull run. I think very positively about crypto. So for the last few years I have been trying to deposit some $ every month in my crypto wallet. So it is better for me if the bull market starts from now.

$1000 per LTC would make happy but $3000 would be a dream. Grin
I am sure if that happens, many of us will be millionaires since I guess they already bought litecoin at a low price, and they will make sure they can wait for that time to comes. When litecoin have time to increase, that will be good news for us, especially for litecoin holder because they want to make a big profit from litecoin as before. We are waiting for the next bull run that will comes in the crypto market.

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July 03, 2020, 11:04:01 AM
 #15

So be prepared from now on. If what you say is true then you have to prepare now. Because not everyone has the opportunity to see this kind of bull run. I think very positively about crypto. So for the last few years I have been trying to deposit some $ every month in my crypto wallet. So it is better for me if the bull market starts from now.

$1000 per LTC would make happy but $3000 would be a dream. Grin
I am sure if that happens, many of us will be millionaires since I guess they already bought litecoin at a low price, and they will make sure they can wait for that time to comes. When litecoin have time to increase, that will be good news for us, especially for litecoin holder because they want to make a big profit from litecoin as before. We are waiting for the next bull run that will comes in the crypto market.
A lot of crypto enthusiast will be a millionaire but i dont see that happen now even when the bullish market start to be incase such thing happen in flthe future i believe the OP calculation about Litecoin will be incorrect because LTC havent  implemented lightning Network Daemon v0.10.1, released Core 0.18.1 and power up with Atari when LTC make the price listed.

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July 04, 2020, 01:16:45 AM
 #16

I am sure if that happens, many of us will be millionaires since I guess they already bought litecoin at a low price, and they will make sure they can wait for that time to comes. When litecoin have time to increase, that will be good news for us, especially for litecoin holder because they want to make a big profit from litecoin as before. We are waiting for the next bull run that will comes in the crypto market.
A lot of crypto enthusiast will be a millionaire but i dont see that happen now even when the bullish market start to be incase such thing happen in flthe future i believe the OP calculation about Litecoin will be incorrect because LTC havent  implemented lightning Network Daemon v0.10.1, released Core 0.18.1 and power up with Atari when LTC make the price listed.
Yeah, the bullish market will not happen now, but we hope it will happen this year. The first thing that litecoin needs to do is lift the price to break $75-$100 because that is hard to do, especially if bitcoin price does not increase so high. Maybe soon, the litecoin developer will announce something so that it can bring a positive sentiment. If the market sentiment is high, that can make the price slowly increase and break the high price.

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July 04, 2020, 03:23:53 AM
 #17

Litecoin has no chance of hitting that value because this currency has been dropping for long time now.
From top 3 currency in 2017 now it falls to rank 7 and still falling.

Once i am a supporter of LTC but these days?i withdraw my support in the end of 2018 till this day.

So be prepared from now on. If what you say is true then you have to prepare now. Because not everyone has the opportunity to see this kind of bull run. I think very positively about crypto. So for the last few years I have been trying to deposit some $ every month in my crypto wallet. So it is better for me if the bull market starts from now.
Have you invested In altcoin also?or Litecoin rather?

actually i consider doing the same in past when i am buying small amount of Bitcoin every payday.
and those are my long term now.

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July 04, 2020, 09:50:35 PM
 #18

I am sure if that happens, many of us will be millionaires since I guess they already bought litecoin at a low price, and they will make sure they can wait for that time to comes. When litecoin have time to increase, that will be good news for us, especially for litecoin holder because they want to make a big profit from litecoin as before. We are waiting for the next bull run that will comes in the crypto market.
A lot of crypto enthusiast will be a millionaire but i dont see that happen now even when the bullish market start to be incase such thing happen in flthe future i believe the OP calculation about Litecoin will be incorrect because LTC haven't implemented lightning Network Daemon v0.10.1, released Core 0.18.1 and power up with Atari when LTC make the price listed.
Yeah, the bullish market will not happen now, but we hope it will happen this year. The first thing that litecoin needs to do is lift the price to break $75-$100 because that is hard to do, especially if bitcoin price does not increase so high. Maybe soon, the litecoin developer will announce something so that it can bring a positive sentiment. If the market sentiment is high, that can make the price slowly increase and break the high price.
Every investor wish is to see the crypto he invested in experiencing uptrend but that doesn't mean we have to ignore the fact about the market season which is why i believe innovation announce now by the Litecoin dev will only bring positive sentiment which won't last a month.
Do you know how many projects put on hold the plan who brings positive sentiment to their project because this is not the right time?

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July 05, 2020, 04:42:30 PM
 #19

I think people are greatly overestimating the profits that LTC can produce, if bitcoin were to bull run now and reach 100k that will be an 11.11x increase in its price but in order for LTC to reach 3k from its current price of 41 dollars that will be a 73.17x increase, do you really think that litecoin is going to grow so much especially when investors are more aware of the limitations of altcoins? If anything I will be surprised if LTC can keep up with bitcoin during the next bull run.
Good common sense. NO reason for Ltc to jump 70x and btc to jump 11x.

More likely btc hits 20-30k and ltc hits 400-500 usd.
I get why people get excited about the prospects of litecoin in the future, but as you say it is common sense, altcoins have been performing poorly for years now and every single time there is a recovery bitcoin grows even faster, which could be considered odd as it is so big compared to any other coin, however when we think about that probably most of the real transactions made in this market are done with bitcoin then it makes sense that if the next bull run is caused by the average person buying some coins in order to protect his assets that bitcoin will be the coin they will buy.
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July 05, 2020, 06:39:54 PM
 #20

When bitcoin's price touch a higher price we will see another altcoin's price are increased as well. Like a few years before when bitcoin price touch $20.000 we have seen ETH price touched $1500 which I think the high price that I ever seen because ETH price was only has a cheap pricr before the touched $1500.

So, we can expect it, just hope bitcoin will touch $100 000 and we will really confident that LTC price touch $3000. Let took an imagine, if bitcoin price touch $100.000 it means there will be many people who will look a coin that has similiarities with bitcoin and I think litcoin has been created to complete the bitcoin's function,so many people who will use it especially new investor.
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