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Topic: Is there any possibility to hit the Litecoin price @ $600 ? (Read 2028 times)

legendary
Activity: 1946
Merit: 1007
I'm not sure but based on my analysis of the data, Litecoin might never again reach $2.00.

This happened faster than I could blink my eyes... Maybe you need to rethink your analyses? 3.00 coming this week Smiley
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
I honestly don't think so. There are so many innovations out there, that even BTC will have a hard time to keep its first position.
I do believe, that crypto will overtake fiat to multi trillion dollar market caps, but I don't think that LTC can go along for a long time...
So we probably will see 10 maybe even close to 100 but 600 i find somehow unlikely for LTC...
legendary
Activity: 3472
Merit: 10611
the litecoin market is looking so good right now, but this doesn't mean that litecoin is going to continue this upward motion and rise that high.
maybe if bitcoin price went through the roof, then litecoin could become more expensive but that is not going to happen.
hero member
Activity: 616
Merit: 500
I don't know about LTC but VIRAL will definitely be worth hundreds in the future as more coins get burned and the amount in circulation is declining
legendary
Activity: 1876
Merit: 1000
I'm not sure but based on my analysis of the data, Litecoin might never again reach $2.00.

 Roll Eyes

lol only took like 2 days for you to be wrong.

actually he is already


yes thats kinda what i just said.
legendary
Activity: 1456
Merit: 1014
I'm not sure but based on my analysis of the data, Litecoin might never again reach $2.00.

 Roll Eyes

lol only took like 2 days for you to be wrong.

actually he is already

legendary
Activity: 1876
Merit: 1000
I'm not sure but based on my analysis of the data, Litecoin might never again reach $2.00.

 Roll Eyes

lol only took like 2 days for you to be wrong.
member
Activity: 68
Merit: 10
If Bitcoin forks into two coins with the Gavin-attack (in case too many people update to xt) LTC will certainly hit three digits.
So 600$ is possible next year already in case btc dissolves.

Bitcoin will not fork into 2 coins.
If 80% of the miners update to XT then the new rules kick in. Bitcoin XT will be Bitcoin.  The remaining 20% get left behind and forgotten.
member
Activity: 212
Merit: 22
Amazix
If Bitcoin forks into two coins with the Gavin-attack (in case too many people update to xt) LTC will certainly hit three digits.
So 600$ is possible next year already in case btc dissolves.
sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
All altcoins will be worth pennies on the dollar even with inflation.  Its just a matter of time.  Not if but when. However, in the meantime there is money to be made.

LTC will still be fun and remembered as a success and still be used. But more like 600 for a pizza.

legendary
Activity: 1050
Merit: 1001
LTC should be worth about 600 SATOSHI, it offers absolutely nothing over the other 900 shitcoins.
tss
hero member
Activity: 742
Merit: 500
who knows, but i'd say if it happens it'll be sooner then any time frame you indicate

personally wouldn't be surprised with a $200+ 20015/16

i think you may be on target with the prediction.. accounting for inflation, regardless of how poorly ltc is valued by the years 20,015 - 20,016 ltc can definitely be worth $200+ usd
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
I say hell no !
If you had asked OP if it would get to a high value next few years vs $600 then *maybe ?
600 is an awful lot and faaaar higher than it's historic high way back when BTC hit 1k a coin.
I was trading LTC way back then before and after and I owe Litecoin a lot for earning me money.
It was easier to get into this stuff thanks to LTC being the no. 2 coin

The question is does LTC have a bright looking future ? I have to say no it looks bleak to be honest.
I have none but I would not be bothered to see it rocket up in value.. I am kind of rooting for it  Shocked
Why bleak is too much to explain.. ask someone else for that. (we all mostly seem to agree on LTC's position)

The inflation issue won't matter either I can't see anyone caring about Litecoin in 50 years.
sr. member
Activity: 253
Merit: 252
With inflation sure it's possible...  come the (inevitable) day when $600 doesn't leave much change after you've bought loaf of bread.

That's a point I hadn't considered. In fifty years time a good weeks wages by today's standards will only buy you half a pack of cigarettes. Before I read your comment I automatically dismissed the possibility of Litecoin reaching $600, but now I think it's possible if it's still around in fifty years.

However the OP probably wants to know if it can reach $600 in the next few years, which I doubt.
hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
LOL. Dollars ($)
sr. member
Activity: 292
Merit: 250
Litecoin will never again cross 5$ ,it may hit a price of 3$ during next reward halving .
tyz
legendary
Activity: 3360
Merit: 1533
I doubt it that Litecoin will ever been reaching the old highs again. The devs behind the coin screwed it up!
sr. member
Activity: 259
Merit: 250
With inflation sure it's possible...  come the (inevitable) day when $600 doesn't leave much change after you've bought loaf of bread.
sr. member
Activity: 304
Merit: 250
PUSS Lover
Anything is possible, but seriously doubt that it'll ever break $10 again. There is just no reason for the demand to hit those levels because the alt market has become diluted.

Good Point. Any altcoin market has less demand .....

In 2014 BTC price hits $1200 & LTC price hits $50 ... so, 1 BTC = 24 LTC
Now, in 2015 BTC hits $230 & LTC price hits $1 ... so, 1 BTC = 230 LTC

So, what do you think ?
legendary
Activity: 966
Merit: 1001
Energy is Wealth
Non mineable coins have the problem that they are diluted for ever and ever because new improved non minable coins come out every single day. You cant stop development and greedy devs.
You will not see another successful minable coin because it can not compete with existing once. To overcome inflation it must be a scam or some kind of fraud behind.

It is a bit akin to:
not minable = parallel ||||||||||||||||||||||||||||||| a new starter forever (new coin not handicapped in any way to existing once)
minable = serial ---------------- you build on top whats there

At current price ~$57,000.00 USD is invested in Litecoin every single day and halving is coming up in 2, 3 months
Lastly, $600 is not much at all in a hyperinflation scenario.......... use btc as base!
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