Topic: Litecoin could reach $1,000 in a couple of years from now (Read 2442 times)

Agree. Litecoin is one of the oldest and most trusted altcoins in existence today. I don't think that it will die anytime soon because of this. After all, Litecoin is seen as "Silver" to Bitcoin's "Gold". New features are thoroughly tested on Litecoin before they're implemented into Bitcoin itself. Litecoin was among the first cryptocurrencies to adopt SegWit. Then, Bitcoin followed and adopted SegWit which paved the way for the Lightning Network. The limited supply of Litecoin, should make us feel confident that it will not lose its value anytime soon.

Of course, the cryptocurrency is still below the $100 range, but anything could happen in a couple of years from now. It's no secret that Litecoin rises in price according to Bitcoin's price movement on the market. If Bitcoin goes up, so will Litecoin and other altcoins that are close to Bitcoin in terms of market cap (like Ethereum and Bitcoin Cash). I believe that LTC is still a bargain these days given its very limited supply next to Bitcoin. If Ethereum is worth almost $200 per coin with an unlimited supply, then Litecoin should've been worth more by now. I guess that people are more often interested in bigger cryptocurrencies that are always active in development and innovation than Litecoin itself. But in the end, Litecoin should be able to reach $1,000 per coin if Bitcoin goes all the way to $100k.

Nonetheless, crypto enthusiasts should not give up on Litecoin yet. There's still hope for the cryptocurrency to grow towards "infinity and beyond". It's up to you and me to make Litecoin a widely adopted cryptocurrency in the mainstream world. Without proper support from its community and development team, Litecoin would've been dead already. The goal of $1,000 per coin seems to be far away from becoming a reality anytime soon. But with patience, you'll be able to profit massively once LTC touches $1k if you've bought it while it was still cheap (less than $100 per coin). Just my opinion

this is one of the long-established cryptocurrencies and one of my favorites..  I HODL some Litecoin because I'm sure Litecoin will be Bullish high in the next few years (my prediction is 3-5 years from now), maybe it will break more than $ 1000. nothing to lose if we save a few Litecoin from now.

I have no doubt that for a period of 5 years, a Litecoin will cost $ 1,000. If there is free capital for this period - invest without fear of losing money.

We really don't know when it will happen and I don't want to think that it will not happen soon because we know that this market is very unpredictable.
Let us look back in 2017, who would have thought bitcoin is going to reach $20,000 and there's a bonus, altcoins are pumping like crazy, even the shitty coins.

haha .... the imagination is too high, why should imagine the price of litecoin to 1k usd. better to discuss a more realistic price, for example the range at the price of 200$ is more reasonable for litecoin. Litecoin price movements are slow even though bitcoin prices are rising.

Well, if the price of BTC reaches 100k, altcoin will definitely go crazy high, but when will that happen? still too far to reach it.

it's just that, with all its advantages, I still have a little doubt that the price of LTC will actually reach the price of $ 1000, even that is a very high ATH. however, at this time there is no doubt that LTC is a good investment, but waiting for the price to be $ 1,000 is the same as waiting for the price of bitcoin to $ 100000, that is what I think.

Of course, if Bitcoin costs $100k, we can see Litecoin at $1000, ether at $2000, but after what time Bitcoin can grow to $100k if it can't grow its ATH yet.

yes, many of the benefits provided by Litecoin to users both for traders and investors, so it is not possible to lose interest from investors, because one of the advantages Litecoin is much preferred by traders or investors is the transaction costs incurred are quite low so it is very possible if in the future front of the team will continue to develop this type of coin

beside that litecon has good movement in the market make daily trader interest with this coins because so profitable for daily.
and then in few exchanger litecoins has small fees to transaction, and absolutely litecoin price has potential for future make people want to buy and save in the future

Although we can imagine that litecoin will be able to go up and grow in the next few years, then the price will be higher and reach $1000 as predicted but maybe there aren't too many facilities and conditions suitable for our imagination because Litecoin seems to have used all its potential and youth in 2017, the weakening is now clearly recognizable. It may still be in a good position, but I believe the youth of other altcoins is erupting, investors will prefer the altcoins that still have potential, instead of someone so old as litecoin

If Bitcoin reaches a price of $ 100,000, then the remaining cryptocurrencies from the top 10 will increase in value significantly. In this case, we will buy Litecoin for $ 1,000 and this is far from the limit.

Litecoin will not lose its investors and again, this coin is very likely to get a greater adoption because this coin has many advantages that allow greater adoption for it, with low fees and fast transactions it is also a major factor why this coin will always be in demand by most people who want to make transactions using crypto. So it's very possible Litecoin will continue to grow and have a higher price.

So far I personally do not believe that Litecoin will reach the mark of $1000, but in a couple of years, if LTC is doing well, maybe we will see not only $1000, but much more.

of course this position make litecoin favorit by many people, and the highest price of reach by litecoins is $300 so it very possible to reach $1,000 but it need long time maybe year old. so you have to be patience to wait litecoin reach 1,000. so based that litecoin is one of coins should be list to hold and investment by future

Litecoin position always within top ten in according to coinmarketcap. Actually a lot of impossible things can happen in crypto space. Now you predicted LTC price will 1k$ after a few years definitely it’s possible. LTC is so popular from 2017 when price was too cheap but end of thr year it’s touched more than 300$. A huge number of investors and traders still believe in LTC project.              

And that price was reached when the interest in altcoins was at its peak, a quick calculation reveals that if the price of litecoin remained the same in terms of bitcoin and bitcoin reached 20000 then litecoin will only be worth 130 dollars which is very far away from the ATH it reached years ago, and if you wanted that litecoin reached 1000 dollars and its price remained the same in bitcoin then bitcoin will need to reach a price above 150k and I do not see bitcoin reaching that price anytime soon.

I think that LTC will not be able to grow to $1,000, because the previous maximum LTC was $350, I think in time LTC can grow to $350-500.

I am glad you are bullish on Litecoin, i am using the coin to gamble most of the time and i like the transaction speed and the low valuation to choose them and i am not holding the coin to make a huge profit as i am not expecting a huge individual rally in the coin and if the developer even tweets that he sold all of his holding when Litecoin had its rally how will the investors trust in investing in it and that is a huge problem to get the big investors.

i think litecoin can't reach it, ethereum rising to $1500 because bitcoin price rising and uses or erc20 rising too, 80% new ico use erc20 instead of created new coin.
and rigth now im still can't see which the feature of litecoin is better than bitcoin? litecoin is just a lite version of bitcoin, nothing more

Exactly. Constant development is important to keep the money flowing in any cryptocurrency. Without development, I don't see any reason why Litecoin should be heading towards new ATHs in price. Take a good look at Dogecoin which has been abandoned by its devs a long time ago, only to be useful as a speculative cryptocurrency today. Maybe I'm wrong, and Litecoin turns out to rise further in price according to Bitcoin's price movement across the market. After all, most altcoins rise in price if Bitcoin does the same. At least, the 84 million cap in supply is there. This allows Litecoin to obtain "store of value" properties just like Bitcoin. It's the reason why so many people have compared Litecoin as "Silver" to Bitcoin's "Gold".

If by any chance the dev team integrates "Mimblewimble" into Litecoin, people will have a reason to invest in it. This will differentiate Litecoin from Bitcoin in every way. But we'll have to see what the LTC community and dev team decides for the future of Litecoin as a cryptocurrency for mainstream payments. While Litecoin is much faster and cheaper than Bitcoin, there are other altcoins which are much faster and cheaper than Litecoin itself. The competition is getting fierce each day, which leads us to wonder if Litecoin will be able to survive in the long term?

Nonetheless, Litecoin would need reach a valuation of $500 per coin to have the "green light" for higher prices across the market. We're still far away from experiencing $1,000 per LTC, so it may take quite a long time before this becomes a reality. As long as you keep "hodling" your Litecoin, you'll have the chance to profit in the future. The mere fact that altcoins rise in price because of Bitcoin, is an indication that your investment will become bigger over time no matter which coin you choose (mostly the ones with the top ranks in market cap). Just my thoughts