Will Litecoin ever reach $1k? | Bitcointalksearch.org

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Quote from: Abiky on December 13, 2023, 01:43:10 PM

Unlike many of its competitors, Litecoin is a tried-and-tested blockchain network that's decentralized. The cryptocurrency first started as a direct "copycat" of Bitcoin, only to face a major change in the protocol regarding built-in privacy with Mimblewimble. The reduced block time and limited supply of 84m units, makes LTC a unique coin among the rest of the pack. Solana is faster and cheaper than LTC, but it's centralized, unreliable, with a larger number of coins in circulation. LTC's added scarcity should contribute towards higher market prices in the long run.

Slowly but surely, it will get to $1k. A prolonged bullish market for BTC, should prop up LTC to the moon. Who knows if Litecoin is bound to make a comeback soon? Cheesy

Not sure if it would ever happen again because the last time when I have got good profit with Litecoin was during the last quarter of 2017 and after that people were speculating it to go much higher than ETH as well as Litecoin was one of the top Altcoin back then wherein it was most preferred one for speedy transfer and low fees (Which other coins have taken over now). Litecoin let me down on multiple occasions and IMO I am reluctant on Litecoin but let's wait and see if it can pull out a surprise this bullrun.

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Quote from: FinneysTrueVision on December 12, 2023, 11:34:01 PM

Litecoin isn't even that close to $100. It needs a 40% pump to reach that price and has not performed well in the recent bull market. A few years ago people wondered it it might reach $1k, but looking at its price today shows just how much it has fallen. Litecoin can help you save on fees but so can many other coins. Litecoin is mostly thought of a Bitcoin copycat and doesn't have any unique features that make it stand out amongst the competition. Mimblewimble is a nice feature but it isn't a fully private blockchain. Other altcoins already have Tornado Cash style mixers and Monero if better is all you care about is privacy.

Unlike many of its competitors, Litecoin is a tried-and-tested blockchain network that's decentralized. The cryptocurrency first started as a direct "copycat" of Bitcoin, only to face a major change in the protocol regarding built-in privacy with Mimblewimble. The reduced block time and limited supply of 84m units, makes LTC a unique coin among the rest of the pack. Solana is faster and cheaper than LTC, but it's centralized, unreliable, with a larger number of coins in circulation. LTC's added scarcity should contribute towards higher market prices in the long run.

Slowly but surely, it will get to $1k. A prolonged bullish market for BTC, should prop up LTC to the moon. Who knows if Litecoin is bound to make a comeback soon? Cheesy

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I think, Litecoin will reach $1000 in the future because their team are still showing some interest to make the coins favourable to their investors to attract other investors to change their minds to invest in Litecoin. If the price of Bitcoin can reached $69,000 last two years to break some record that made a lot of Bitcoin investors to experience incomes they have never experience before in the crypto market, show that Litecoin the oldest coins in the market will reach $1000 before the end of next two years. There are still some old coins giving their investors a huge amount of money because their gas fees is very low for their investors to enjoy.

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Quote from: Reatim on December 12, 2023, 10:04:47 PM

Quote from: bitkanu on April 04, 2023, 06:06:44 PM

litecoin is old remnant of the past I honestly doubt it could ever achieve great feat ever again while there is so many better coins out there, heck even I've forgotten litecoin exists so I guess its relevancy is no more.
I'd say why wasting time investing in some old coins if there's better coin out there, just saying.

really? are you serious that you almost forgot Litecoin? lol you are Stupid enough to pretend that litecoin does not exist knowing that it is still in top 20 and this coin use to be one of the top altcoin back in the years.

https://coinmarketcap.com/currencies/litecoin/
here's the link for you to check again reminding you how great this coin is and up to now valuing almost a hundred bucks.

and it does not about Old or new , instead how functional the coin is and knowing that we are in the congestion now using bitcoin? your best alternative to save fees is altcoin and one of those is this one that is also cheapest comparing to other chain.

Litecoin isn't even that close to $100. It needs a 40% pump to reach that price and has not performed well in the recent bull market. A few years ago people wondered it it might reach $1k, but looking at its price today shows just how much it has fallen. Litecoin can help you save on fees but so can many other coins. Litecoin is mostly thought of a Bitcoin copycat and doesn't have any unique features that make it stand out amongst the competition. Mimblewimble is a nice feature but it isn't a fully private blockchain. Other altcoins already have Tornado Cash style mixers and Monero if better is all you care about is privacy.

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Quote from: bitkanu on April 04, 2023, 06:06:44 PM

litecoin is old remnant of the past I honestly doubt it could ever achieve great feat ever again while there is so many better coins out there, heck even I've forgotten litecoin exists so I guess its relevancy is no more.
I'd say why wasting time investing in some old coins if there's better coin out there, just saying.

really? are you serious that you almost forgot Litecoin? lol you are Stupid enough to pretend that litecoin does not exist knowing that it is still in top 20 and this coin use to be one of the top altcoin back in the years.

https://coinmarketcap.com/currencies/litecoin/
here's the link for you to check again reminding you how great this coin is and up to now valuing almost a hundred bucks.

and it does not about Old or new , instead how functional the coin is and knowing that we are in the congestion now using bitcoin? your best alternative to save fees is altcoin and one of those is this one that is also cheapest comparing to other chain.

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Quote from: Sophokles on December 10, 2023, 06:34:39 AM

It can but it needs to survive two more bull seasons for that. After seeing so many L1 and L2 project on the market, I am not so sure about these legacy coins. People are more focused on fundamentals and real-world use cases. Is there anything Litecoin is doing that other projects can not? I don't think so and this industry is going to taken over by the institution after these bull run so they will decided which project will do better and which isn't. They will mostly go for the new project or developed their own project.

Litecoin may be old, but it's still useful for day-to-day payments. Whereas other coins have shiny-new features (at the cost of instability and centralization), LTC proves itself to be a reliable payment system for those who need it the most. Decentralization is what distinguishes Litecoin from the rest of the pack. With a limited supply of 84m units and built-in privacy features, I'd say LTC is extremely-undervalued.

I think the lack of a strong marketing/promotion strategy is preventing Litecoin from reaching higher market prices. At least, we get to enjoy cheaper fees in Fiat terms. The future is widely unpredictable, so we can only hope for the best. Wink

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Quote from: mdzahed134 on December 09, 2023, 09:51:14 PM

I don’t expect Litecoin will reach 1K$ in the near future even i think investors aren’t attract to invest in old Litecoin. It’s last All time high 412.9$ and it was happened in 3 years ago then it’s cannot hit even in 100$, so it’s pirce may be dream of you but it’s not easy for LTC. If in the future BTC will reach million dollars when it possibility to hit 1K$.

this is the most realistic scenario at the moment. I think many have already realized that there will be no miracles and Ltc will not rise in price just like that. Even the last halving, unfortunately, did not cause the explosive growth that many were expecting. The next price fluctuations can only happen after the Bitcoin halving and with a massive mentions in the media, new investors are not interested in Ltc today.

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It can but it needs to survive two more bull seasons for that. After seeing so many L1 and L2 project on the market, I am not so sure about these legacy coins. People are more focused on fundamentals and real-world use cases. Is there anything Litecoin is doing that other projects can not? I don't think so and this industry is going to taken over by the institution after these bull run so they will decided which project will do better and which isn't. They will mostly go for the new project or developed their own project.

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Litecoin is definitely a good currency and we should acknowledge the fact that very soon Litecoin will experience a pump, it is left for us to make haste while the sun shines. Begin to DCA in Litecoin and accumulate as many as we can before the pump happens because it is merely under rated coin but I throughly believe in Litecoin considering the efforts being put in by the team.

Litecoin can make it's way to $1k, it might not happen so soon as we expect but definitely it will, currently I feel if Bitcoin should begin the Bull run it will have a big aeffect in the price of Litecoin as the Demand will increase. So it is advisable to buy and hold Litecoin as it may happen in a twinkle of an eye

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Quote from: Sebas.tian on April 09, 2023, 11:00:40 PM

Yes, the price of Litecoin will reach $1000 soon because their team are seriously working to ensure the price improve higher as never before to help their investors to experience some positive changes in this season. Since the price of Bitcoin has increased to $28,292, showed that other altcoins price will increase higher too because whenever the price of Bitcoin is increasing in the crypto market other cryptocurrencies price will be increasing to give some signal about what will going to happen in the future. I believe, many investors will have something good to achieve from their Litecoin investment before the end of this year, because bullish season is about to take over the market for both long term investors and short term investors to smile again.

I also have the same view as you. Very likely. This is like the price of ETH previously being considered normal. Once it rose above $500, everyone got busy. I think it's LTc, it's just not the time yet and the technology is extraordinary, especially in terms of very fast transaction confirmation times. You can test it if you want. Yes. ETH and LTC are two cool pairs to have in our portfolio.

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I don’t expect Litecoin will reach 1K$ in the near future even i think investors aren’t attract to invest in old Litecoin. It’s last All time high 412.9$ and it was happened in 3 years ago then it’s cannot hit even in 100$, so it’s pirce may be dream of you but it’s not easy for LTC. If in the future BTC will reach million dollars when it possibility to hit 1K$.

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Quote from: rodskee on December 09, 2023, 06:30:16 AM

And wondering when and why this needs to make it to 1k price when there are even more currency now
that has low fees and not riskier than LTC?

Well, that's a fact and sad truth about LTC. We like it as the silver Bitcoin of this market but despite that, there are better altcoins that has cheaper fees and a quicker transfer. Still, no one's going to stop us into using LTC as an alternative transfer when Bitcoin isn't cheap at all.
Like this time, there's a lot that needs to be done because it's giving all of us headache when each transfer that we need to do is a lot.

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Litecoin still struggling to even reach 100 dollars and yes till now valuing 77 dollars

https://coinmarketcap.com/currencies/litecoin/

And wondering when and why this needs to make it to 1k price when there are even more currency now
that has low fees and not riskier than LTC?

Quote from: globalpain on April 10, 2023, 11:48:04 AM

when the time comes Litecoin will surely go to $ 1000, because indeed the old coin is the only one that is still cheap in my opinion only LTC,
when compared to Doge, Ethereum and maybe Monero,
I myself also hold LTC for 2024 because next year the Bitcoin Halving will start and usually altcoin season will happen after that.

it may or may not, but the main question is when this will happen? there are many of us who
have seen this coin since 6 years ago when this is still ranking 3rd from bitcoin so the bad thing comes from the
past and now litecoin is still in bad shape for me.

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when the time comes Litecoin will surely go to $ 1000, because indeed the old coin is the only one that is still cheap in my opinion only LTC,
when compared to Doge, Ethereum and maybe Monero,
I myself also hold LTC for 2024 because next year the Bitcoin Halving will start and usually altcoin season will happen after that.

Abiky

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Quote from: bitkanu on April 04, 2023, 06:06:44 PM

litecoin is old remnant of the past I honestly doubt it could ever achieve great feat ever again while there is so many better coins out there, heck even I've forgotten litecoin exists so I guess its relevancy is no more.
I'd say why wasting time investing in some old coins if there's better coin out there, just saying.

Old coins are much more reliable than new ones, whose networks are yet to be tested against flaws/vulnerabilities. Litecoin is a tried-and-tested blockchain network that's likely to survive for years on end. The supply is limited, yet demand for LTC is low because the vast majority of traders and investors are focused on coins with shiny-new features.

Litecoin may never reach $1k on its own, if the market stays bearish. But if BTC continues to reach a new ATH, then anything is possible. Decentralization/censorship-resistance matters above all else. As long as LTC stays that way, there should be nothing to worry about. Just my opinion

Sebas.tian

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Yes, the price of Litecoin will reach $1000 soon because their team are seriously working to ensure the price improve higher as never before to help their investors to experience some positive changes in this season. Since the price of Bitcoin has increased to $28,292, showed that other altcoins price will increase higher too because whenever the price of Bitcoin is increasing in the crypto market other cryptocurrencies price will be increasing to give some signal about what will going to happen in the future. I believe, many investors will have something good to achieve from their Litecoin investment before the end of this year, because bullish season is about to take over the market for both long term investors and short term investors to smile again.

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$1000 for Litecoin? I say YES!, and of course it can happen in the future,
even though the New ATH LTC in 2021 is only at $ 347 but LTC is able to reach new ath when the bull run arrives,
and most likely the next bull run will be $ 500 and even $ 1000, so why hesitate? LTC is the big altcoin and old altcoin like Bitcoin or Doge, so don't worry.

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Quote from: FrozenBit on April 07, 2023, 10:39:10 AM

Coincidentally, I've been paying more attention to LTC lately, actually it makes me go back to some past memories when the havling is about to happen, maybe next time we will see more news. events revolve around it. And my guess about LTC in the next bull cycle is also quite simple, if this market goes up then LTC will also benefit, and I think ATH can break above $1000, but anyway here also just a small investment of mine for LTC.

All those old memories about it is the reason why I am still invested in it. To be fair I have just 4 projects in my account that I usually say "I will never sell", of course we don't know life will show us sometimes I have to end up selling, but then I turn around and save more and invest more to them again. Those are bitcoin, ethereum, bnb, and ltc. Those are the four horseman of crypto and will stay like that forever.

There could be some projects that became bigger and more profitable than LTC over the years, that is why it is not ranked at four anymore, and that is why people refrain on investing into it as well. But I will not stop, I just have too much good memories about it to give up on it now.

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Coincidentally, I've been paying more attention to LTC lately, actually it makes me go back to some past memories when the havling is about to happen, maybe next time we will see more news. events revolve around it. And my guess about LTC in the next bull cycle is also quite simple, if this market goes up then LTC will also benefit, and I think ATH can break above $1000, but anyway here also just a small investment of mine for LTC.

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Quote from: Boomber on March 31, 2023, 11:22:51 PM

I can't be completely sure, because anything can happen in cryptocurrency (even the impossible can happen), but if you look at the movement of Litecoin chart, then I think there is a possibility that the price of Litecoin could reach $1k in the future, especially if the total marketcap of cryptocurrency is increase very high and Litecoin is still in the top 20, so I'm sure if the price of Litecoin can reach $1k.

what movement can be consider to see why this can reach 1k in the future? and how long that future time would be? because if that is infinity then surely it will possible but in the next 100 years? Grin

Quote from: barhavsky on April 05, 2023, 01:01:39 AM

Quote from: Abiky on August 20, 2021, 05:30:16 PM

Do you think it's possible Litecoin will reach $1k in the future? If not, why? Are current prices sustainable? Your input will be greatly appreciated. Thank you

of course I'm sure that Litecoin can reach $ 1k, because Litecoin is an altcoin that is popular and invested by people too, so that can make Litecoin prices increase very high, especially if the altseason comes and most cryptocurrency prices will make a new ATH price (possibly Litecoin too), so that's what makes me sure that it's possible if the price of Litecoin can reach $1k in the future.

if you only remember that altcoins like Litecoin once a top ranking coin but look at it? drops below rank 100 meaning there is a possible to way that it would take longer to happen.

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