Topic: If Litecoin hit $1000 will Bitcoin survive? (Read 4286 times)
LTC hitting $1000? hahahahahahahahahahahaha the economy would die.
Its still the chance of a lifetime.
Litecoins are dead
at $2.56 right now as we speak, you're trippin.
Litecoins are dead
It would be fun but it would be hard to say that LTC will be more expensive than BTC because of it's market cap of 4x more in number. So. By then btc would be worth $4000 ea.
If Litecoin hit $1000, means bitcoin have been replace by Litecoin due to something big had happened... So Bitcoin is dead...
They are ignorant of the fact that Bitcoin and Litecoin are payment systems (which happen to have their own currencies). The more people that lose sight of this fact, the more likely it is that Bitcoin (and Litecoin) will fail.
I think utility and speculation are intertwined and both necessary for the coins' survival.
Agreed, but viable speculation only happens with something that has long term potential and that's where utility comes in.
Bitcoin and Litecoin have essentially the same utility. Its mainly a 'first mover' aspect for Bitcoin to be ahead. People like choice, also if it doesnt differ that much (look at cars). If LTC can get some basic application, it will thrive if Bitcoin wins big.
Higher risk, higher reward.
They are ignorant of the fact that Bitcoin and Litecoin are payment systems (which happen to have their own currencies). The more people that lose sight of this fact, the more likely it is that Bitcoin (and Litecoin) will fail.
I think utility and speculation are intertwined and both necessary for the coins' survival.
Agreed, but viable speculation only happens with something that has long term potential and that's where utility comes in.
Anything is possible, please share your idea 
There is no chance for ltc hitting $1000 within 12 months.
US dollar hyperinflation. 1 LTC = $1,000 but that only buys you a loaf of bread.
They are ignorant of the fact that Bitcoin and Litecoin are payment systems (which happen to have their own currencies). The more people that lose sight of this fact, the more likely it is that Bitcoin (and Litecoin) will fail.
I think utility and speculation are intertwined and both necessary for the coins' survival.
The survival of Bitcoin and Litecoin has nothing to do with their exchange rates. Their survival completely depends on their utilities, and their utilities ultimately determine their exchange rates.
Very well said 
The survival of Bitcoin and Litecoin has nothing to do with their exchange rates. Their survival completely depends on their utilities, and their utilities ultimately determine their exchange rates.
Too many people have views that are clouded by greed, and they are ignorant of the fact that Bitcoin and Litecoin are payment systems (which happen to have their own currencies). The more people that lose sight of this fact, the more likely it is that Bitcoin (and Litecoin) will fail.
Too many people have views that are clouded by greed, and they are ignorant of the fact that Bitcoin and Litecoin are payment systems (which happen to have their own currencies). The more people that lose sight of this fact, the more likely it is that Bitcoin (and Litecoin) will fail.
I don't know, but til that time, we all will have been dead.
Those that will be widely adopted by merchants and retailers will survive. Those that will remain as a speculation thing will be replaced by their better competitors.
little people and the huge egos they seem to have. Stop being ignorant about it...its possible....hell its totally possible with QE going on to where the 100 dollar bill is worth 10 dollars in the next decade due to ridiculous inflation.
If Bitcoin makes it big, there will also be a place for altcoins. In the near future, Litecoin could benefit from increased inflow of funds (e.g., a MtGox event) that could move the ratio temporarily to 0.1 BTC/LTC. People will jump on the wagon once a move starts. Its all about timing and patience.
litecoin is silver while bitcoin is gold...
both silver and gold to be exist together..
both silver and gold to be exist together..
Anything is possible, please share your idea
Possible but almost impossible. Impossible for Litecoin to even hit $100
When Litecoin is $1000, Bitcoin will be $100,000 and the cheap toilet paper from Walmart will be made by the Federal Reserve.
Must be solid gold toilet paper...
Maybe if someone got control of 90% of all LTC in existence right now and destroyed them....
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