Litecoin could reach $1,000 in a couple of years from now - page 9.

alan2here

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Quote from: Dragonrage201 on November 18, 2019, 10:24:58 PM

If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.

I think the most important thing is the value of Bitcoin because if this coin goes up, then all the coins will start to follow or exceed price have reached in the past. In my opinion, with what is happening in this market, we should expect more and Litecoin can fully reach $500 in the near future. Now still quite far from reality but this market has a lot of surprises.

Personally, I only invest when everything is clear and based on analysis to draw a final conclusion. Of course, risk in investment is possible but someday the crypto market will be the most powerful financial market on the planet.

Fundamentals Of

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Quote from: Dragonrage201 on November 18, 2019, 10:24:58 PM

If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.

It is not too high a target for Litecoin but it will take more than a year or two probably. Litecoin is doubtless a good alternative coin, no wonder why it is considered the Silver of Bitcoin's Gold. But it is still highly dependent on the overall market performance. If the market will be bleeding then Litecoin cannot grow in the pace that the people are expecting. A safe way to make sure that you have your LTC by the time $1,000 arrives is to HODL them long term.

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If the market becomes really bullish and bitcoin takes out its old highs of $20K before or after the May, 2020 halving event, litecoin will be very likely to breakout above its old highs around $400. $1000 is not too high a target since Ethereum--despite its higher coin supply--jumped to $1400 in 2018.

Pelunize12

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Quote from: ashmodeus on November 17, 2019, 04:42:13 AM

well , $1,000 with total supply 84 millions so that mean total marketcap is $84,000,000,000 make LTC going to number to on ranking.
i wonder if that happen , how much price for another altcoins , or even BTC.
$1,000 within couple of years its seems imposible btw, i knew exactly LTC is a good option for investment, but well, about price , its seems wishful thinking.

84 millions is max LTC supply, it needs more than 100 years to reach max supply.
circulating supply is 63,710,246 now, so if the price is 1,000$, marketcap around 63,710,246,000
yep, i think so, seem wishful thingking. but i remember that crypto is still small compared with others asset

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Quote from: Exidous on November 17, 2019, 10:48:26 PM

Quote from: iv4n on November 17, 2019, 05:11:09 PM

Litecoin has 84,000,000 LTC max coin supply. When you know there will be limited amount of coins and in the case litecoin becomes globally accepted demand can skyrocket and that can mean even higher prices then 1000 dollars. Litecoin is a good coin, I like it, they are here for years and I believe that litecoin have a huge potential, we will see will they be able to achieve that and when.

It is unlikely the coin will reach this price in the future due to the fact that Litecoin's development team has been inactive for more than a year and there are not many new updates for investors. I think you should be more realistic and should only predict from $100to $200 because this is the price Litecoin can reach. I personally do not believe in other people predictions but if the market starts an uptrend then anything can happen.

That fud around litecoin last for years, even Charlie Lee made some comments about that matter in his recent tweets. It took me some time to find an article about that, here it is https://www.newsbtc.com/2019/08/11/litecoin-founder-claims-ltc-development-is-going-strong-but-are-investors-disillusioned/, this article answers your comment entirely!
Like you say, if the market starts some uptrend anything can happen, I agree with that part, and if we know that anything can happen we can be optimistic about some coins and their potentially great future.

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Quote from: hahay on November 17, 2019, 03:31:07 PM

5 years from now I think is not a long time, but if the progress of crypto is faster than expected, maybe the achievement for that value will be faster. No one knows for sure about what growth will occur in the industry in the future because at least there will be another surprise at any time, and when seeing developments that occur so far it is very likely that the value will be achieved by LTC because indeed, Litecoin has many advantages which should be the main focus in the future growth of crypto.

See all of these things guys like you say are meaningless to what will actually happen to the price Litecoin or any other crypto for that matter. Crypto progress happens every day. Regardless of price.

Look at Bitcoin and Litecoin. Are you telling me they were at a higher stage of development less than 2 years ago when they cost so much more? We all know for sure what growth will look like. It's price we have no clue about.

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Quote from: Abiky on November 15, 2019, 05:56:55 PM

Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts? Huh

It's not impossible, if ETH reached more than $1,000 then probably Litecoin has a chance.
This coin is one of the oldest coin in the market that are still being invested by the people, so eventually it will if it will remain strong despite of the market struggles.

Litecoin's ATH was around $370, so its not far to reach $1,000 but it should depend on the overall market situation as its development alone would not bring the price to that level if the entire market is still bad.

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Quote from: anog on November 18, 2019, 02:31:41 AM

This might happen in the next 5 years, but before that the first ATH LTC only touched the price of $323 with the price of BTC at ATH $20K.

My conclusion will occur if BTC can touch the new ATH, my question should be what is the price of BTC so that LTC can touch $1K?

Hopefully, that will no need to wait for the next 5 years, because if bitcoin price can increase in the next year or 2021, then litecoin will have a chance to increase too. $323 is the highest price of litecoin so far and I am sure that litecoin can reach more than that price but we need to be patient until that time comes. Meanwhile, we can buy litecoin again right now as the price is less than $100 so we can prepare to sell litecoin at the highest price again.

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i must admit that i trust Litecoin back in 2018 when before the halving happens this year but i see no progress means it fails my expectations.

now i only hold few LTC but i dont lose hope that this bitcoin halving all altcoins(aside from shitcoins) will bring us all enough profit to recover from the losses since 2018 holds the Bear for long time.

but $1000?sorry but can't think LTC may reach this 4 digits value like what ethereum did in January 2018 when the price almost Hit 15hundred dollars.

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Quote from: Abiky on November 15, 2019, 05:56:55 PM

Litecoin being considering by many as "Silver" to Bitcoin's "Gold", hasn't experienced much gains lately. With a total supply of only 84 million coins, and a halving every 4 years, it's likely that Litecoin will have a much higher price than now within the future. Litecoin's biggest advantage over Bitcoin, is that it's much faster and cheaper for everyday transactions. It has many of Bitcoin's goodies like SegWit and Lightning Network, so there's a chance that it'll become extremely valuable within a couple of years from now. I'm going for $1,000 per coin in just 5 to 10 years from now, as it's a more realistic target for LTC.

Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts? Huh

If you asked me some years ago that litecoin at its peak would touch 350 $, even it was just for a few seconds, I would call you crazy!

Heck, even it's current price of about 60 $ seems too good to be true! So yeah, although I think it's highly unlike it will ever reach 1,000 $ per coin, I wouldn't bet my dick on it

With crypto adoption getting bigger and bigger nothing will surpise me!

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Quote from: Febo on November 17, 2019, 02:23:39 PM

Quote from: Abiky on November 15, 2019, 05:56:55 PM

Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts? Huh

When there is hype there is a lot of stupid money, that dont even know what is buying. Everything that will be on exchanges will pump then. Litecoin is on many exchanges. on few 1000 ATMs. I give more then 40% we will see Litecoin at $1000 at some point of time.

At some point of time will not be next year or 2020. That is somehow clear to me as of now. I give 100%, not 40%, that Litecoin is going to break that $1,000 price in the future. I don't know when exactly but it will happen. 2021 could be the time for that juicy 3-digit price for Litecoin. Not impossible, right? Especially when you know that the coin is good and its ATH is already almost $400.

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Quote from: wxxyrqa on November 17, 2019, 03:34:47 AM

Quote from: bitcampaign on November 17, 2019, 02:22:18 AM

Quote from: Abiky on November 15, 2019, 05:56:55 PM

Litecoin being considering by many as "Silver" to Bitcoin's "Gold", hasn't experienced much gains lately. With a total supply of only 84 million coins, and a halving every 4 years, it's likely that Litecoin will have a much higher price than now within the future. Litecoin's biggest advantage over Bitcoin, is that it's much faster and cheaper for everyday transactions. It has many of Bitcoin's goodies like SegWit and Lightning Network, so there's a chance that it'll become extremely valuable within a couple of years from now. I'm going for $1,000 per coin in just 5 to 10 years from now, as it's a more realistic target for LTC.

Do you think LTC will ever reach $1,000 in just a few years from now, or will it take some time? What are your thoughts? Huh

after LTC halving yesterday in August I think maybe just waiting for bitcoin halving in the next year, I think $ 1000 could have been reached in the next 2 years, but I only speculated because I got information from my trading group for the prediction of LTC BTC prices in 2 years forward

It seems to me that it is very difficult to make a forecast for two years, since the situation on the cryptocurrency market changes very quickly, and at the same time it is necessary to take into account the information propaganda of governments, as well as opponents of the cryptocurrency, which negatively affect the entire process of development of the cryptocurrency market. You look at how much has happened over the past two years and no one can predict everything that happened.

indeed no one predicts but all who are here doing the same speculation with different thoughts are different, so if someone makes a correct prediction it is zero, you may have seen many threads about predicting the price of 2020 in this forum, I think we all too waiting for the time where we are all waiting for the price of bitcoin to also go up and have an impact on litecoin too

anog

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This might happen in the next 5 years, but before that the first ATH LTC only touched the price of $323 with the price of BTC at ATH $20K.

My conclusion will occur if BTC can touch the new ATH, my question should be what is the price of BTC so that LTC can touch $1K?

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Quote from: iv4n on November 17, 2019, 05:11:09 PM

Litecoin has 84,000,000 LTC max coin supply. When you know there will be limited amount of coins and in the case litecoin becomes globally accepted demand can skyrocket and that can mean even higher prices then 1000 dollars. Litecoin is a good coin, I like it, they are here for years and I believe that litecoin have a huge potential, we will see will they be able to achieve that and when.

It is unlikely the coin will reach this price in the future due to the fact that Litecoin's development team has been inactive for more than a year and there are not many new updates for investors. I think you should be more realistic and should only predict from $100to $200 because this is the price Litecoin can reach. I personally do not believe in other people predictions but if the market starts an uptrend then anything can happen.

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Quote from: rodel caling on November 17, 2019, 05:23:26 PM

Possible we know litecoins are one of the most popular coins potentially grow up their price and also also of people continue to support litecoun aside from ethereum that believe time has come for altcoins to begun into the expensive value.

Theres a big support from the community to LTC and that is because of being a good altcoins. The halving and the update for LTC this year will make a big impact on their whole system in the future, the price of $1000.00 will be hit in time and when the big bull run begins, same with other coins new ATH will be made respectively so watch out for LTC next year.

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Quote from: NathanJB on November 16, 2019, 08:55:43 PM

Quote from: Oceat on November 16, 2019, 08:53:17 AM

Quote from: NathanJB on November 15, 2019, 10:02:25 PM

Well, if it is at least 5 years from now, it is very possible. But if you say that Litecoin will reach $1,000 in a couple of years from now, I cannot say that it is going to happen. Litecoin is less than a hundred USD as of now. The year will hopefully end with Litecoin hitting $150 or $200. So probably it will reach around $500 in the following year and the next year will have Litecoin reach around $700 or $800.

Possibly? Maybe in 5 years or a couple of years since everything in crypto sphere is possible the more people start to adopt Bitcoin they start to adopt the altcoins too. But looking at the Litecoin's current price right now makes me think that Litecoin have a way more time needed before it could actually reach that $1,000 just like how Bitcoin grow in the past.

When you say that everything is possible in crypto it means two things for Litecoin. It could go high or it could go down. It does not mean that if people will adopt Bitcoin they will also adopt Litecoin. That is the wrong. And the numbers are showing that. If that is correct, Bitcoin dominance should not have risen very high despite the fact that outside Bitcoin there are thousands of altcoins.

I am just comparing the two coins and besides people will have the right to choose their coins to invest and litecoin might be one of them because it belongs in the top 10 coins. And also Bitcoin is like the main crypto of them all because most of the time these coins price are following the trend of Bitcoin.

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Quote from: Febo on November 17, 2019, 02:23:39 PM

When there is hype there is a lot of stupid money, that dont even know what is buying. Everything that will be on exchanges will pump then. Litecoin is on many exchanges. on few 1000 ATMs. I give more then 40% we will see Litecoin at $1000 at some point of time.

I am not rejecting the fact that Litecoin can get to those valuation in he future as the technical development team is active and coming up with new changes and implementation to make the coin better and hence i might not be surprised if it crosses $1k and i will be offloading majority of the coin if that rally happens Wink

and recently they are planning to implement privacy factors and if that happens it will be great in this day and age.

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could be after the next halvening
its realistic if the whole market grows and Litecoin remains to be one of the important projects

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Possible we know litecoins are one of the most popular coins potentially grow up their price and also also of people continue to support litecoun aside from ethereum that believe time has come for altcoins to begun into the expensive value.

iv4n

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Litecoin has 84,000,000 LTC max coin supply. When you know there will be limited amount of coins and in the case litecoin becomes globally accepted demand can skyrocket and that can mean even higher prices then 1000 dollars. Litecoin is a good coin, I like it, they are here for years and I believe that litecoin have a huge potential, we will see will they be able to achieve that and when.

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