If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on

serjent05

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Quote from: LbtalkL on July 14, 2020, 06:55:53 PM

The question is "IF" bitcoin will reach $100, 000. We know that bitcoin has the ability to surge its price abruptly but I guess reaching $100k is not an easy road given we are experiencing and encountering a financial crisis due to this covid pandemic. Any asset could reach that price almost all altcoins are dependent on bitcoin So $3000 for litecoin can be reached if BTC reaches those heights too for sure someday.

Even so, I am still doubting that Litecoin will reach that amount. In the given prediction there are two things that seems impossible right now. Bitcoin reaching $100k and Litecoin even reaching $2k. So I guess that prediction is stated to stimulate the Litecoin market which I think has little to no effect at all. And I agree that they are independent from each other. A gain of Bitcoin does not mean a gain for litecoin and vice versa.

LbtalkL

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The question is "IF" bitcoin will reach $100, 000. We know that bitcoin has the ability to surge its price abruptly but I guess reaching $100k is not an easy road given we are experiencing and encountering a financial crisis due to this covid pandemic. Any asset could reach that price almost all altcoins are dependent on bitcoin So $3000 for litecoin can be reached if BTC reaches those heights too for sure someday.

samcrypto

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Quote from: Lordhermes on July 12, 2020, 05:01:09 AM

It might be that the article writer invested in litecoin that's why his indirectly urging crowd to buy Litecoin,. By the way, Litecoin and other altcoin moves and fluctuate with Bitcoin movements. Bitcoin is the carrier of altcoin that's a point to note. I may not doubt the poster but eventually it happens that way, Litecoin volatility is high to the extent that it surpasses so many altcoin. It can hit $3,000 of Bitcoin hit $100,000 in future.

That can boost the moral of LTC investor but looking at the predictions, maybe a decade to come before we finally see this kind of price with bitcoin and litecoin. However, the team of Ltc must continue from developing new things under Ltc technology, or else this price is just a big dream.

Altcoins keeps on rising despite of a bear market, but the demand is still low to reach that much level, so let’s wait for the mass adoption and if we are able to reach $100k with bitcoin, then let’s also give hope to the good altcoins like Ltc.

cafoo4161

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I believe that sooner or later we will reach top of the moon and bitcoin would see 100k USD in my opinion also it would be great for both LTC and ETH and my fav altcoins too. But firstly market needs to clean dead,fraud,scam project and token with them. For me LTC much more legit than Xrp BCH ADA BSV on top ten cmc ranking. I hope best of luck for litecoin in 2020 and next bull run.

Lordhermes

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It might be that the article writer invested in litecoin that's why his indirectly urging crowd to buy Litecoin,. By the way, Litecoin and other altcoin moves and fluctuate with Bitcoin movements. Bitcoin is the carrier of altcoin that's a point to note. I may not doubt the poster but eventually it happens that way, Litecoin volatility is high to the extent that it surpasses so many altcoin. It can hit $3,000 of Bitcoin hit $100,000 in future.

iv4n

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Quote from: bison on July 11, 2020, 10:09:49 PM

Quote from: Twinkledoe on July 11, 2020, 07:59:19 PM

Have you heard the rumours that the litecoin development team has stopped their developments already? I don't know how true is that rumour, but if there's a smoke, there's fire. So how can they cope up with the market if their development is lagging behind?

I have never heard that. I know that Litecoin has the latest update in halving what they do. it was not very successful but it would be very unfortunate if they had to stop developing and would only wait for bitcoin to pump up the market.

I heard about that, but it's not true. They are working as they did before, I don't know about what development we are talking about here, litecoin is good as it is, simple and easy to use. There's what litecoin should do, to be a mean of exchange, with cheap and fast transactions. Maybe you expect development like ethereum has, but ethereum is different story, like many other projects that announced big things, and they need to develop if they wish to follow their road map. Now open litecoin site and take a look what litecoin is all about, you can't expect miracles from every project!

bison

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Quote from: Twinkledoe on July 11, 2020, 07:59:19 PM

Have you heard the rumours that the litecoin development team has stopped their developments already? I don't know how true is that rumour, but if there's a smoke, there's fire. So how can they cope up with the market if their development is lagging behind?

I have never heard that. I know that Litecoin has the latest update in halving what they do. it was not very successful but it would be very unfortunate if they had to stop developing and would only wait for bitcoin to pump up the market.

Twinkledoe

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Quote from: crzy on July 11, 2020, 07:58:07 PM

Quote from: Oceat on July 10, 2020, 04:58:46 PM

You guys are getting fired up just for this? I don't want to ruin your expectations but even if we say Bitcoin actually hits $100k, still it doesn't actually means that Litecoin will pump equal as the previous price it had in the past, it all depends from the traders. And we don't know yet if Bitcoin would actually touch $100k next year, although we will going to see that soon but nobody knows when.

Altcoins should not depend on the pump of bitcoin and I agree that there’s no guarantee than if bitcoin pump, altcoins will follow especially litecoin. The price prediction is high and I don’t expect that to happen in the next 5 years. If Litecoin continues to grow then the pump will also be more profitable, the halving din’t bring good pump but we can still expect that in the coming years.

Have you heard the rumours that the litecoin development team has stopped their developments already? I don't know how true is that rumour, but if there's a smoke, there's fire. So how can they cope up with the market if their development is lagging behind?

crzy

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Quote from: Oceat on July 10, 2020, 04:58:46 PM

You guys are getting fired up just for this? I don't want to ruin your expectations but even if we say Bitcoin actually hits $100k, still it doesn't actually means that Litecoin will pump equal as the previous price it had in the past, it all depends from the traders. And we don't know yet if Bitcoin would actually touch $100k next year, although we will going to see that soon but nobody knows when.

Altcoins should not depend on the pump of bitcoin and I agree that there’s no guarantee than if bitcoin pump, altcoins will follow especially litecoin. The price prediction is high and I don’t expect that to happen in the next 5 years. If Litecoin continues to grow then the pump will also be more profitable, the halving din’t bring good pump but we can still expect that in the coming years.

Iyeman

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Quote from: Free1bitco.in on July 09, 2020, 11:32:39 PM

in fact, if the price of bitcoin does reach that price, the price of LTC can reach a price of $ 3k. it's just that, the general question is, can bitcoin reach that price? Well, if the increase can reach a price of $ 100k, not only LTC but also other altcoin prices will be very high.

The impact that caused by bitcoin will have affected the whole of market. This is a speculation that will never happen even until the next decade. Bitcoin needs to achieve its maximum supply to make it comes true.

Even the halving that happened a few months ago will show its impact may be a year after that

bttmember

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100,000 is an exciting figure and also a dream target for me as well but i have read expert opinions that expect the next peak to be way higher than that. Personally i will be really happy when market hits such a remarkable milestone, i do not have 1 whole btc yet still i wish everyone will be happy with such growth and obviously ltc and eth will also become expensive by that time. I hope ot will not take much longer now before we see these price levels.

Oceat

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You guys are getting fired up just for this? I don't want to ruin your expectations but even if we say Bitcoin actually hits $100k, still it doesn't actually means that Litecoin will pump equal as the previous price it had in the past, it all depends from the traders. And we don't know yet if Bitcoin would actually touch $100k next year, although we will going to see that soon but nobody knows when.

hulla

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Quote from: Leo on July 10, 2020, 03:01:35 PM

Quote from: Untomabur on July 05, 2020, 03:13:35 PM

I do not expect bitcoin to be priced at $ 100,000, for me it's still a dream,
but for $ 10,000 is my main target because if I can break to $ 10,000 the price of bitcoin has the potential to be $ 19,000 again

The price of bitcoin will reach $100k, just that no one knows when its gonna be, likewise when it was at $10 no one believed that it will reach $20k, in next 5-10 years or perhaps before then bitcoin might reach $100k

@Leo, youre absolutely right and i believe @Untomabur misunderstand the OP statement and the entirety possible surge in price of bitcoin. Mind you, in the year 1984 gold was sold at $309 but it now sold around $1,799.35 - 1,807.33 per ounce which is something logical about every genuine asset, so if OP said bitcoin will be $100,000 hes not talking aboug this year or two.

Leo

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Quote from: Untomabur on July 05, 2020, 03:13:35 PM

I do not expect bitcoin to be priced at $ 100,000, for me it's still a dream,
but for $ 10,000 is my main target because if I can break to $ 10,000 the price of bitcoin has the potential to be $ 19,000 again

The price of bitcoin will reach $100k, just that no one knows when its gonna be, likewise when it was at $10 no one believed that it will reach $20k, in next 5-10 years or perhaps before then bitcoin might reach $100k

btc78

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Quote from: leea-1334 on July 10, 2020, 04:59:23 AM

Quote from: sandos on July 09, 2020, 10:40:18 PM

It is still far from reality because this price is too high compared to what people are expected. I just wish the value of Bitcoin could return to the old ATH because if this price comes back then the coins in the top 100 will increase very quickly. Currently, this is not yet possible because the situation is still very bad now and the price of Bitcoin fluctuates so much that I feel very worried.

People keep dreaming in this space do they not? We all think 100k is nice and 3000k LTC even nicer (I have more LTC actually!) but sometimes what we think is good may not be so good when it comes true. I remember being young and hoping I would one day have a lot of my local currency. But hey guess what inflation happened and my wish came true Sad

Thats why what we need to do is expect the unexpected because the more we wanted things to favor us is the more the situation comes far from us.

Like you i have holding Litecoin for long now but the way i see it?there is more time waiting than reality.
Litecoin is far from reality not like Bitcoin and Ethreum.

leea-1334

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Quote from: sandos on July 09, 2020, 10:40:18 PM

It is still far from reality because this price is too high compared to what people are expected. I just wish the value of Bitcoin could return to the old ATH because if this price comes back then the coins in the top 100 will increase very quickly. Currently, this is not yet possible because the situation is still very bad now and the price of Bitcoin fluctuates so much that I feel very worried.

People keep dreaming in this space do they not? We all think 100k is nice and 3000k LTC even nicer (I have more LTC actually!) but sometimes what we think is good may not be so good when it comes true. I remember being young and hoping I would one day have a lot of my local currency. But hey guess what inflation happened and my wish came true Sad

MCobian

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I don't think that LTC to reach $ 3000 doesn't have to wait for Bitcoin to reach $ 100k. Because if LTC demand increases significantly
a price of $ 3000 can be reached. The question is when it will happen, no one can answer. Because it is very difficult predict the price
of cryptocurrency. My advice start buying LTC from now on, so when prices go up to $ 3000 we can enjoy big profit.

Free1bitco.in

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in fact, if the price of bitcoin does reach that price, the price of LTC can reach a price of $ 3k. it's just that, the general question is, can bitcoin reach that price? Well, if the increase can reach a price of $ 100k, not only LTC but also other altcoin prices will be very high.

andra73

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Quote from: sandos on July 09, 2020, 10:40:18 PM

It is still far from reality because this price is too high compared to what people are expected. I just wish the value of Bitcoin could return to the old ATH because if this price comes back then the coins in the top 100 will increase very quickly. Currently, this is not yet possible because the situation is still very bad now and the price of Bitcoin fluctuates so much that I feel very worried.
[/quote]
the situation is still very far for now. talking ATH alone still makes doubts about that. let alone go beyond and make a new ATH. of course many people think pessimistic about this conversation.

carlisle1

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I must admit that i am an Litecoin supporter since 2017 and trust me even when the price of LTC keeps falling i did not even sold a single coin.

I always trust this former number 3 currency but at 1 point?i stopped supporting but i continue the Holding because i know i never sell at losses.

Quote from: Untomabur on July 05, 2020, 03:13:35 PM

I do not expect bitcoin to be priced at $ 100,000, for me it's still a dream,
but for $ 10,000 is my main target because if I can break to $ 10,000 the price of bitcoin has the potential to be $ 19,000 again

Lol don't be hypocrite mate,we all wanted Bitcoin to reach that point but of course we can all wait,even if this took another years.

HODL is what our legacy is.

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