Litecoin at the end of 2019? - page 3.

barbara44

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Quote from: NathanJB on October 12, 2019, 07:55:28 AM

Litecoin would not have reached it stature right now if Charlie Lee is amiss in his role as the founder and number one supporter of Litecoin. Although Litecoin has to earn more and more actual users and partners, I already admire it the way it is. Even if it is only considered a replica of Bitcoin at the start, it has earned the loyalty and support of a huge crypto community. It is constant in its development as well. As a matter of fact Litecoin is ahead of Bitcoin in one or two development. Litecoin has adopted lightning network first for example.

How has it earned the loyalty of the public when has a replica of bitcoin, it is meant to be used as an alternative and if people are really using it as much as they use bitcoin or recognizes it as replica, then the bear market of altcoin should not even have been affecting it as the bear market of altcoins is in no way affecting bitcoin.

As a replica, when bitcoin eventually survived the last crash and started recovering around April this year, why is it that people have not started using Litecoin, and of all the complaint we do get from some people about high bitcoin transactions, why has Litecoin still not grown through usage. Buddy, I think you should just back off from this coin as I really don't see much use for it again, charlie is not playing his role well and need to be more active.

Ferris419

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This is an absolutely wrong prediction and this is not gonna happen by 100% confirm. In every major update, you would see such predictions, which has no real value. The crypto market started the bull run at the end of 2017, from then to now, every predictor predicts a price by targetting the end of the year! 2017 incident was once in a lifetime, not an example. Even that golden time of crypto, LTC did not make even 500 USD, why now? Only because of halving? No way. LTC price highest can go up to 200 USD this year, not more than that.

lumierre

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Quote from: uray on October 09, 2019, 11:52:31 PM

Quote from: paramind22 on October 09, 2019, 12:21:51 PM

"Will litecoin go up 2019?
According to oracletime.com, the advantages of Litecoin over Bitcoin will interest many new investors. Their Litecoin forecasts for the end of 2019 is $1000, but there are predictions that it could even rise up to $2000!"

Thoughts?

I will be happy if the price if the price crosses $100 let alone $1000 Tongue

. I sold majority of the coins in my collection when the price touched $300 and never had the confidence to enter the market once again and if you think the advantage of Litecoin over bitcoin is that you will get many new investors then that can be said about bitcoin too. There is no way the price of litecoin reaching $1000 anytime soon and i can wage a bet on that because i am that confident about it Grin

.

Litecoin has only one advantage over other cryptocurrencies - it is a quick confirmation of the blocks. However, in the near future, it will be almost impossible to it in terms of the number of users, cost and popularity in general. The advantages that are tied to the rapid formation of blocks and alternative, more affordable methods of mining, currently do not justify themselves. It is too early to wait for the growth of this alt. This can only happen if the Bitcoin exchange rate rises again, as Litecoin directly depends on BTC.

EscrowService28

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Quote from: paramind22 on October 09, 2019, 12:21:51 PM

I put in Litecoin halving into google and got:

"Will litecoin go up 2019?
According to oracletime.com, the advantages of Litecoin over Bitcoin will interest many new investors. Their Litecoin forecasts for the end of 2019 is $1000, but there are predictions that it could even rise up to $2000!"

Thoughts?

This is not the year for Litecoin, it has not recovered from the flunk from the recent years and no development from it since then. A new strategy shall they conduct to get investors.

cribusen

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Definitely one of my favourite coins, I use LTC for transfers among exchanges and for payments among community. 1k is not realistic in my opinion, but 200-300 bucks is a good goal to reach before the end of this year.

iv4n

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Litecoin can`t do much without bitcoin, who ever expect litecoin to rise exponentially before bitcoin will be disappointed. Next year is bitcoin halving, and after that we can see some huge market rise, when it happens and bitcoin start rising, we can expect from litecoin price to follow that rise. All time high for litecoin is at 360 dollars, now price is around 85% down since that time. Litecoin will recover previous ath but will it go to 1000 dollars after that, or will it come close, nobody can say! I believe in litecoin in long run, and probably one day litecoin will cost a lot, it`s my general opinion with old established coins with limited coin supply.

cryptoknightt

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litecoin prices at the end of 2019 will experience a pretty increase in prices because at the end of this year until early 2020 there will be good news that can make market conditions recover and many coins will have a green line.

mamesso

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Although LITECOIN's trading volume is getting bigger and LITECOIN can lead the recovery because it can outperform Bitcoin, I still doubt the price of LITECOIN will reach $ 1000 in the near future. Litecoin has very good potential for investment, and I think in the long run the price of litecoin can penetrate $ 600 have become an extraordinary achievement.

glendall

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1000 usd in the near term I'm not really sure, but if in the next few years it might be possible, because Litecoin has amazing potential after switching to the lightning network,
and of course not because of the lightning network, but because of a small max supply, and old coins that have a large community.

novaprime

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Quote from: judaspriest on October 11, 2019, 11:39:34 AM

altcoin are all the same which is experiencing a price decline of more than 50%,
because of the continued high dominance of bitcoin which also makes Litecoin unable to dominate the market,
we will see and pray that LTC can rise Cheesy

Litecoin is just a small coin in this market and the trading volume of LTC has recently tended to decrease more so the value of LTC cannot grow well. I think we will face a lot of difficulties in investing because the bear market is still overwhelming and will cause a lot of loss for investors. In my opinion, be more patient because LTC may return to the price of $40 again by the end of this year before a new price increase.

NathanJB

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Quote from: paramind22 on October 11, 2019, 11:21:46 AM

Charlie Lee needs to develop more friends in the corporate world. You would think that would be easy for someone of his stature, with the big push on cryptocurrencies (like Libra, which probably isn't one). Then he could annouce Litecoin being used on such and such a platform.

Litecoin would not have reached it stature right now if Charlie Lee is amiss in his role as the founder and number one supporter of Litecoin. Although Litecoin has to earn more and more actual users and partners, I already admire it the way it is. Even if it is only considered a replica of Bitcoin at the start, it has earned the loyalty and support of a huge crypto community. It is constant in its development as well. As a matter of fact Litecoin is ahead of Bitcoin in one or two development. Litecoin has adopted lightning network first for example.

Ayiranorea

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Over Litecoin there is a big expectation based on the halving which is scheduled for the past August. But nothing big happened to the expectation. The price continued to fall, and now this is much close to the $55 mark. Maybe this year end if there is good progress in bitcoin we might experience Litecoin above $100 and if this doesn't happen we might experience the price fall low to $50.

judaspriest

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C O M B O

altcoin are all the same which is experiencing a price decline of more than 50%,
because of the continued high dominance of bitcoin which also makes Litecoin unable to dominate the market,
we will see and pray that LTC can rise Cheesy

paramind22

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Charlie Lee needs to develop more friends in the corporate world. You would think that would be easy for someone of his stature, with the big push on cryptocurrencies (like Libra, which probably isn't one). Then he could annouce Litecoin being used on such and such a platform.

ardentvolcanoes

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Quote from: gaston castano on October 11, 2019, 11:09:53 AM

if only chasing 1000 $ it means an increase of 20x from now, and there is no sign that BTC will fly.
no matter how good the news that comes out about LTC I think it will be difficult to catch up to 1000 $ if bitcoin is stable in the range of 8000 $.
but if bitcoin can touch $ 16000 this month as predicted I think it might be possible.

Still far from that predicted value and there's no clear market movements that will be able to bring the hype up to this level. Litecoin can be double
or triple in the next following months only if bitcoin bull showed strong position. It's tough to predict as holders are no longer waiting for high profits but instead they are dumping when they see enough.

Time to think for long term investment, from that point when the market appreciations create more adoptions value will not be an issue.

gaston castano

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if only chasing 1000 $ it means an increase of 20x from now, and there is no sign that BTC will fly.
no matter how good the news that comes out about LTC I think it will be difficult to catch up to 1000 $ if bitcoin is stable in the range of 8000 $.
but if bitcoin can touch $ 16000 this month as predicted I think it might be possible.

Driggers95

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Quote from: NathanJB on October 11, 2019, 03:48:16 AM

Quote from: paramind22 on October 09, 2019, 12:21:51 PM

I put in Litecoin halving into google and got:

"Will litecoin go up 2019?
According to oracletime.com, the advantages of Litecoin over Bitcoin will interest many new investors. Their Litecoin forecasts for the end of 2019 is $1000, but there are predictions that it could even rise up to $2000!"

Thoughts?

Wow! That is a prediction that is probably too bullish. That is something that Litecoin is impossible to reach in only barely three months time, even the lower prediction of the two, which is at $1,000. Take a quick look at coinmarketcap.com and you will see that Litecoin is somehow stuck at around $55. If $1,000 is possible, that is roughly x 18 of growth or 1,800 percent. I can't see enough reason for now why Litecoin will suddenly rise that fast in price. Halving is not enough reason I guess.

Your analysis is logical, optimistic in speculation is a good thing but if too optimistic and put too much of our ambition and prediction, it would be unreasonable and even lead us into traps then trapped for a long time. And maybe the guy above fell into an overly optimistic state, devoting too much love to litecoin but didn't realize litecoin didn't have enough power to go to that path, especially at this moment, the pump period is focusing on coins of average and relative value, litecoin really doesn't have too many chances to leapfrog

WalkerIVIV

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Cryptocasino.com

Quote from: kidbounty on October 10, 2019, 11:12:50 AM

Quote from: paramind22 on October 09, 2019, 12:21:51 PM

Their Litecoin forecasts for the end of 2019 is $1000, but there are predictions that it could even rise up to $2000!"

Thoughts?

that's a very high target, I'm not sure if it can be reached even if there is a big pump. the current LTC price is less than $60, a realistic target might be $200-300. what's more at this time there is no good news about LTC, so it's hard to speculate whether this coin will become one of the coins that will experience a big increase during the bull run later.

This just a clue for you if that prediction will possible or not.
open CMC and you can click on litecoin and then see the chart of litecoin after you have opened the whole time of litecoin's chart and then you must take a look at how much ATH for litecoin itself.
I hope that will stop you to say BS about that's enough to give you a little insight about the possible price to be reached by litecoin.

Doell

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Litecoin gets a lot of interest from investors from the past but to achieve such a good value in my view it would be very difficult $1,000 is too good a value I'm happy if it explodes ,Big investors are needed in the market to make it happen mate

ss890

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Quote from: trecore4 on October 11, 2019, 04:42:44 AM

Quote from: Dr.Osh on October 11, 2019, 04:06:35 AM

Quote from: paramind22 on October 09, 2019, 12:21:51 PM

"Will litecoin go up 2019?
According to oracletime.com, the advantages of Litecoin over Bitcoin will interest many new investors. Their Litecoin forecasts for the end of 2019 is $1000, but there are predictions that it could even rise up to $2000!"

extraordinary prediction. Cheesy

I know that Litecoin is indeed a very potential coin, but estimating the price could reach $ 1,000 this year is hard to believe. even daily predictions make only a small increase.
however, I believe that the price of LTC can touch the price of $ 100, or $ 150 for this year.

LTC is one of my favourite coin. After the Bitcoin wave, second wave of cryptocoins came in 2013-14 and the biggest winner of the wave was LTC. Litecoin has very much potential to reach ETH market cap very soon. If not $1000, we can see it growing to $300-400 soon.

Yes I am pretty sure moreover we are seeing BTC is facing the scalability issues and transaction fees are going up continuously. Litecoin has very much potential and can reach ATH but first it needs to get out of the $100 zone.

Quote from: ololajulo on October 11, 2019, 04:15:28 AM

Quote from: ashmodeus on October 09, 2019, 01:45:40 PM

According to charlie lee, CEO of LTC. " But price predictions are stupid because no one knows. Just wishful thinking " .
basicaly everything about price predictions of altcoins just came from wishful think.

The way the space has developed lately relies so much on bitcoin's price and some of those CEO didnt prepare for it and thats why anyone could consider it has been stupid for price predictions, there is nothing on the roadmap and no development except the halving. The space economics is as important than ever, every new project see the need to prepare a product and process that can drive a sustainable demand, even exchanges demand a good tokenomics before listing

What are you talking about? Space economic is something else you are talking about.

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