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Author Topic: Will Litecoin ever reach $1k?  (Read 841 times)
Abiky (OP)
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August 20, 2021, 10:30:16 PM
 #1

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley

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August 20, 2021, 11:08:00 PM
 #2

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley

Despite of how fast and cheap litecoin is, their developers has no further improvements on their network, unlike with other promising altcoins. There's a lot of altcoins who continuously growing even though it was left behind because of Bitcoin's popularity. Old traders divert back to btc after they've seen such pumps during recovery period.
Litecoin price still sustain very strong, but most importantly demand is really an important factor to consider before that $1 becomes reality.


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August 21, 2021, 10:24:27 AM
 #3

Every time all the cryptos go up, I adjust the % column and see which top 10 coin is doing best. It's almost always litecoin. My lead investment by far, I am amazed by the hatred for it. People love to hate on litecoin.
For me Litecoin is one of the best cryptocurrency i've ever buy and no one will change my mind. Dependable, cheap, low low fees, super fast.

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August 21, 2021, 11:06:08 AM
 #4

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley

Despite of how fast and cheap litecoin is, their developers has no further improvements on their network, unlike with other promising altcoins. There's a lot of altcoins who continuously growing even though it was left behind because of Bitcoin's popularity. Old traders divert back to btc after they've seen such pumps during recovery period.
Litecoin price still sustain very strong, but most importantly demand is really an important factor to consider before that $1 becomes reality.
And also cryptonians are now having second thought supporting litecoin after what had happened in the management years ago.
when time that Litecoin is on its peak ? when this was the ranked 3rd currency in the market?
after selling what happened , this coin almost died and abandoned , now like me who once known the coin and supporter?
having a issue trusting this again.

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August 21, 2021, 12:07:52 PM
 #5



Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley
it's not possible for litecoin to reach that value, but for now it's too far and as you can see litecoin can't even jump to make all time high values despite of the situation that mostly are on hype..such cardano, xrp wherein an old coin as well in the market.. Perhaps its not the right time for litecoin, but of course yes time will come in the future, indeed its still very promising so its not possible in my personal opinion.

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August 21, 2021, 04:15:48 PM
 #6

It only has to do 5x-6x.

That's possible. If bitcoin continues to skyrocket, it is going to affect most of the altcoins and Litecoin will also be affected by it.

But there's no timeframe for it, we can only say that there's the possibility but we don't know how much bitcoin should be and when.

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August 21, 2021, 07:09:44 PM
 #7

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley

It's possible that Litecoin's price will reach $1k, but we'll have to wait 3 to 5 years. Since the current price will certainly change, even I think the crypto market will dump. I think the crypto market will last until the 5th month of 2022. Although our hope will continue as it is today.

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August 21, 2021, 07:48:16 PM
 #8

~
It's possible that Litecoin's price will reach $1k, but we'll have to wait 3 to 5 years. Since the current price will certainly change, even I think the crypto market will dump. I think the crypto market will last until the 5th month of 2022. Although our hope will continue as it is today.
What do you mean by that, what happens to the cryptocurrency market after May 2022, are you suggesting that we see a major correction. If that is the case i am expecting a major correction well before that.

There is never a no when it comes to the cryptocurrency market, it is possible that the price would reach $1k but for that to happen there must an hype in the market about any major changes in the network  Grin.
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August 21, 2021, 09:11:24 PM
 #9

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley
I almost forgot this coin because I almost never bought it...

Litecoin is one of the oldest alternative coins but the development is not that great. currently, the litecoin rating is down to 15 based on CMC, I'm not sure litecoin will ever touch $1000.

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August 21, 2021, 10:43:34 PM
 #10

I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.
Cheap fees means nothing for now. There are bunch of smartcontract platforms that will let you to send amount with stabibility and cheap fees just like less than 1 cent for each transaction.
People were migrating from litecoin to the another coin that give them all more utility usage.


Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley
I don't think it's possible for litecoin to reach 1k in the future. The word of silve already gone. This is not a silver again.
Litecoin didn't have interesting thing to be used by the holders. These days people care about functionality and when a coin can't give it and then people will not FOMOing it.
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August 21, 2021, 10:48:31 PM
 #11

of course it can happen, just not in the near future, because in my opinion the journey for the price of Litecoin can reach $1k is still a long way, but it can be one of your choices to be made as an investment in the long term, because currently the price of Litecoin is still very cheap, so of course if the price of Litecoin reaches $1k, then you will get a lot of profit from investing in Litecoin at this time.
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August 21, 2021, 10:49:46 PM
 #12

I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.
Cheap fees means nothing for now. There are bunch of smartcontract platforms that will let you to send amount with stabibility and cheap fees just like less than 1 cent for each transaction.
People were migrating from litecoin to the another coin that give them all more utility usage.


Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley
I don't think it's possible for litecoin to reach 1k in the future. The word of silve already gone. This is not a silver again.
Litecoin didn't have interesting thing to be used by the holders. These days people care about functionality and when a coin can't give it and then people will not FOMOing it.

This is the reason why it seems litecoin is being left behind. There are now new platforms that can offer cheap fees with other services. Whereas, ltc is still the same old alt. We are not seeing any updates to what they are up to. If we will not see updates or any developments in the future, I don't think this old alt will further increase its value. Reaching $1k is still very far from its current price. Before we see that price level, we need to see some updates from the ltc dev team. Are they still in continuous innovation on this network?
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August 21, 2021, 10:59:52 PM
 #13

Litecoin is one of the old altcoins that still survives today, indeed litecoin is growing very stable, but has huge potential in the future, if you look at its current movement, I believe that litecoin has a great opportunity to reach $ 1K,  but not anytime soon.
As long as I know Litecoin, I have never seen any wow surprises through Litecoin, although in general Litecoin is a good coin and not bad in potential, but if you play with Litecoin, then you have to have extra patience in waiting for the increase.



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August 22, 2021, 07:47:57 AM
 #14

The possibility of hitting the $1K price in the future lies with Litecoin as Litecoin's journey in the crypto market falls into the good and rare category. The highest price Litecoin has ever reached is $378. If Litecoin finds it difficult to break the $1K price, I think LTC will stay at $250.
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August 22, 2021, 08:48:08 AM
 #15

The possibility of hitting the $1K price in the future lies with Litecoin as Litecoin's journey in the crypto market falls into the good and rare category. The highest price Litecoin has ever reached is $378. If Litecoin finds it difficult to break the $1K price, I think LTC will stay at $250.
I think Litecoin have a chance to break $1k but it will not be easy to lift the price to the high price because Litecoin price needs to break $500 and that is the first target price after the last ATH. Maybe Litecoin will break on that price in the next bull run, but it needs more time to reach $1k. Hopefully, this month and the next months will be better for Litecoin so the price can increase high and will break $1k.

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August 22, 2021, 09:10:34 AM
 #16

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley

Its really possible but they need to create new marketing like improving their network. Im actually holding some ltc coins since 2016 but i never seen any big improvements since then but im not going to lose hope since i can actually use ltc coins because its really hassle free

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August 22, 2021, 10:47:11 AM
 #17

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley

Its really possible but they need to create new marketing like improving their network. Im actually holding some ltc coins since 2016 but i never seen any big improvements since then but im not going to lose hope since i can actually use ltc coins because its really hassle free
What are you saying? no improvement since 2016? obviously you are shiting here in this thread .Litecoin reached the ATH last May 10 2021 , so where is the Non Improving there? you are only shitposting here pretending to be a Holder but the truth is eacsh Bounties you earned are spent right away.

last may Litecoin recorded a price of more than 400$ and this is enough reason to sell if you really holds since 2016 but of course , that is just a story to tell .

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August 22, 2021, 11:41:07 AM
 #18

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley
if we look at the rarity he could have touched the $1000 mark but it will be difficult because of the lack of people holding this coin it takes some to make him rare

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August 22, 2021, 01:21:29 PM
 #19

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley

Observing the development of the crypto market, I bet on the growth of the Litecoin price precisely for 2021, since I believe that it will be 2021 that will be similar to 2017. My opinion is based on the theory of the cyclical nature of the crypto market, each cycle of which is four years. So in the first stage of growth, LTC could not show rapid growth, which means there is still hope for the second stage of growth, which should peak at the end of 2021. However, it is difficult to say whether the price of LTC will be able to reach $ 1000 per coin, perhaps the price will be able to get closer and sotvazyvat $ 800 for 1 LTC. But no matter how it was, there is not long to wait for the result, and soon we will all find out what price peak Litecoin will have.
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August 22, 2021, 01:31:35 PM
 #20

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you Smiley

Observing the development of the crypto market, I bet on the growth of the Litecoin price precisely for 2021, since I believe that it will be 2021 that will be similar to 2017. My opinion is based on the theory of the cyclical nature of the crypto market, each cycle of which is four years. So in the first stage of growth, LTC could not show rapid growth, which means there is still hope for the second stage of growth, which should peak at the end of 2021. However, it is difficult to say whether the price of LTC will be able to reach $ 1000 per coin, perhaps the price will be able to get closer and sotvazyvat $ 800 for 1 LTC. But no matter how it was, there is not long to wait for the result, and soon we will all find out what price peak Litecoin will have.
I'm not so sure anymore with the much-talked-about analysis based on the 4-year crypto market cycle.
many people assume that the situation will be the same as in 2017. but I still believe the situation will remain different.
we don't go back to those days. we're in a new trend that is better, I'm sure of it.
LTC has been waiting for the moment to rise again. but not yet seen because now the focus of the market I think is split into popular assets and new assets.
market confidence in new assets has also increased. this is good for investment and there will be growth in the market. hopefully, LTC can follow suit.

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