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Topic: Will Litecoin break it's all time high? - page 3. (Read 325 times)

legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
February 12, 2020, 07:16:44 PM
#8
So far we will see the movement of bitcoin and when bitcoin is able to break the ATH then it is also possible that many other cryptos below have the same opportunity, because we know that to reach ATH will not happen in a fast time, but whatever will happen later I personally still believe if LTC is able to break its ATH who knows, I'm just optimistic about it.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
February 12, 2020, 07:13:52 PM
#7
It's certainly not out of the picture considering fundamentals and features tend to go out the window when bull runs like the one we had in 2017 happen, and I don't doubt that LTC could certainly break its previous ATH and make a new one. The coin being ranked so high up on most sites ranking cryptocurrencies by market cap also helps the coin gain more exposure and might attract newer investors if and when the next bull run happens, because people often seek investment in cheaper coins when Bitcoin's going up.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 12, 2020, 07:04:12 PM
#6
$85 today and looking at the whole picture now, there's a chance that it can break that price. Let's all consider that we're running now into the bull run because of the rise that we're seeing lately and this validates it because they are following bitcoin's uptrend.

It has to multiply four times for us to see its all-time high and no argument needed because it's possible.
member
Activity: 854
Merit: 10
February 12, 2020, 06:54:50 PM
#5
Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley

It is hard to say. Other altcoins might be seen with the potential to break their because they are still being actively developed, but for LTC, the chances are very slim. It now seems to be more of a community coin, because it now relies more on prediction.
Also, there were a lot of factors that contributed to its ATH as at then, which I feel are no longer available. Although, I am not advising you to leave it. Investing in it can still help in increasing the value of your portfolio.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
February 12, 2020, 06:50:54 PM
#4
Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley
The first thing that you must know if this should be on the speculation section.
The second thing that litecoin will not break its ATH again. The event of litecoin has already passed last year called litecoin halving and i don't think there will be another big event this year as the development of anonymous protocol for litecoin (mimble wimble) is getting a little bit difficult caused by it needs more money.
Triple-digit is really a difficult target to be achieved by litecoin. Litecoin needs to get triple value again to make it happen. This is not an easy thing.
The answer must be id i don't think litecoin will break another ATH again. People have no reason to buy litecoin as litecoin itself offers less advantage compared with another coin like tezos or elixxir that will come very soon.

This bullrun is much focused to the bitcoin and ethereum and the chart didn't even show if that brings massive demand for litecoin. The fundamental of litecoin is also weak compared with another coin like ethereum that will be getting its huge update (ETA 2021)
sr. member
Activity: 1484
Merit: 277
February 12, 2020, 06:47:49 PM
#3
Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley

I always hope and expect that there's a positive outcome for LTC to break in the next period, after Bitcoin hits the highest peak of bullrun price. My opinion was not just focus on LTC all alone, but also for the entire altcoins market. The potential is there already, we must embrace it according to its actual behavior, and despite of others comments I don't think so it will affect all holders because they know the exact movement of the market.
hero member
Activity: 2170
Merit: 528
February 12, 2020, 06:38:48 PM
#2
No. LTC has no chance of even reaching its ATH once again after it was abandoned by its founder. It had a chance because it was an early Bitcoin fork which in a way linked it with Bitcoin, there weren't a lot of competing altcoins in teh space and it was actively promoted by Charlie Lee.

Now none of these three factors are in play and newcomers see BCH more as the best known Bitcoin fork. LTC is slowly becoming abandoned and forgotten.
newbie
Activity: 76
Merit: 0
February 12, 2020, 06:20:07 PM
#1
Do you think LTC will break it's ATH of $345 during this bull run? I would love to hear your opinions!   Smiley
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