Topic: Litecoin could reach $1,000 in a couple of years from now - page 7. (Read 2462 times)

Bitcoin can go up independently, but altcoin cant. look at this time, Bitcoin going up and altcoin NOT.
it is bcz altcoin get pumped together. that's why there is a "altcoin season"

so, if LTC get pumped, it would be followed by other altcoin too. it would need more than LTC circulating supply * price
But, need much money to pump others coin too.

This will certainly not be possible. because Litecoin is actually having a pretty bad future when its price is continuously falling compared to other alts. it is slowly losing its top 5 position and if it continues like this it will soon face leaving the top 10 and going bankrupt.
I feel that Litecoin is not really stable about corporate governance nor the price of LTC. The miners lamented the low price of LTC but the CEO ignored it. This shows that they have not made much effort to promote the business anymore.

Litecoin is one of my favorite altcoins, it is always one of the top altcoins, this is the worth altcoin for us to invest. However, I think Litecoin will be very difficult to reach $ 1000 in a short time. Currently, the market has not fully recovered and grown. I guess it takes a lot of time and effort for Litecoin to reach $ 1,000.

I think it can reach 1000 usd on or after 2024 all depends what will happen crypto and if governments will try to stop or to adopt it, but litecoin price now is too low and i think on altcoin bull run will grow nice.

I think it will be very difficult to be able to reach the price of $1000 in a short time and with worsening market conditions like this, but it can happen if the market conditions will improve again as before, the good news for litecoin holders is that in the last 2 days the price of litecoin has started up from the previous price, we can see in some markets the price of litecoin has reached 10% and litecoin has been traded in the price range of $47.47 to $47,495 now compared to the previous price of only $45- $46

may be able to reach $ 1000 if the development of Litecoin can exceed from now and gradually every time. I think Litecoin still has good potential, Litecoin will continue to be one of the highest priced coins. but we can not be sure when the right time for litecoin has increased, but surely it will happen.

Bitcoin can easily reach such figures, but no one can guarantee you what Litecoin will be doing. IMHO, Litecoin doesn't rock any features that other altcoins don't, which isn't a good position to be in.

If we also look at where Litecoin bottomed at after the massive crash in 2018, then it's 50% below its 2013 high. How can that possibly be a good thing? It's just another pump and dump coin you have to get in and out fast.

it will not be able to reach $ 1,000 anymore when the market is only focused on bitcoin. It was absolutely not possible that the halving event had failed and now the miners were suffering from heavy losses and they were slowly leaving. Litecoin's hashrate has also dropped a lot, and that shows it's lagging the business. All the data shows that and you should not try to dream.

I am also very optimistic about these coins. I think there is a possibility that it could actually reach $1,000 in 4-5 years. But on the other side, it hasn't made any good news yet but still a top tier coin deserving it's spot on the top 5 coins. And if ever it gets lower than it's current price, I'll surely invest in it more.

No, I don't think Litecoin price would hit 1K USD, it depends on market condition and of course Bitcoin price fact here! What if bitcoin price goes down again in 2012-2022? Litecoin at 1000 USD means Bitcoin price would be 60-70K USD, which is not possible in the next 5 years! So, Litecoin has zero possibility to hit 1000 USD in the next 5 years!

I thought that beforehand LTC could increase rapidly, after a few months ago dividing it in half, but until now there has been no change at all, so I think it will take quite a long time about 10 years from now to touch $ 1,000.

There's a possibility it will, I have one case study here where I  sometimes withdraw my earnings from Yobit campaign by trading my Bitcoin I've earned to Litecoin because of the withdrawal fee comparison, Bitcoin's withdrawal fee is $9.13 in Bitcoin compared to litecoin which is only 0.20 same amount that you want to withdraw.
This is one of the reasons I added Litecoin in my portfolio.

That's right I'm looking forward to Litecoin to get a high value because of halving and I prefer using it than bitcoin because it only has low fees but faster transaction than bitcoin. The only thing is that you need to wait so it's not easy because patience is a must investing in LTC.

with 84million supply?it is very possible to hit a 4 digits value.

if bitcoin that has 21 million supply Reached $20k then why not litecoin can't?though i am very certain about this the only question is how many years does it need to touch down in $1k?

but if the support will continue and adoption increases then maybe in a year or two we will see such increase(hopefully much sooner)

Yes, for the time being, I also think that Litecoin is following the rise and fall of bitcoin prices. even halving that occurs in Litecoin cannot make the price increase higher. I just hope the price of Litecoin can exceed the price of $ 100 in 2020 when the price of bitcoin rises. But to reach the price of $ 1,000 it may take years with ongoing developments for the coin.

Litecoin typically follows bitcoin, both up and down, and usually outperforms bitcoin. If bitcoin goes back to its old highs or to new highs, litecoin will not be too far behind.

Litecoin often relies on the rise of Bitcoin so it is too early to predict the value of this coin. I think LTC can only reach $300 by 2020 if the market begins to recover but this is just my personal prediction and it depends a lot on the upcoming market. However, in recent days, the market has become more stable, so it is expected that LTC will increase in the near future.

There must be good reasons why Litecoin has stayed in the top ten coins list for a long time. It is a well established project with a nice dev team and big community so will follow bitcoin up in coming years.

Honestly, Litecoin has been around so long, I don't think you'll ever really see any new updates come out. Everyone that uses it is already in on the project. What would you like to see them do exactly? It was made as a much quicker and cheaper version of Bitcoin. For that, It has served it's purpose. Sure, new coins will come out and end up overtaking it, but I don't think you can really claim it dead. Too many people use it and too many services rely on it.

From a technical point of view, I think that the only indicator that would lead towards a short term increase in price would be the adoption of Mimblewimble. If Litecoin adopts this privacy solution, then it'll distinguish itself from Bitcoin in every way. Still though, the main trigger of Litecoin's prices is Bitcoin's prominence within the crypto market. Whenever there's a bull market, you see that Bitcoin increases exponentially in price while other altcoins follow. One of those altcoins is Litecoin which follows very closely Bitcoin's movement across the crypto market. With enough demand (and each block halving event), we'll be able to see Litecoin get past $100 soon. After that, Litecoin may reach $500 until it gradually increases towards the $1000 range across the crypto market.

Despite this, one cannot hide the fact that these are just predictions. Anything could happen with Litecoin, as crypto is known to behave in strange and bizarre ways. As long as Bitcoin is valued over $100k per coin, then we could talk about Litecoin going towards "infinity and beyond". Considering that current prices are still below the $100 range, I believe that Litecoin is a bargain to acquire these days. Time will tell us what LTC's true value will be as more people join the crypto cause. Just my thoughts