Will Litecoin ever reach $1k? - page 2.

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Quote from: Abiky on August 20, 2021, 06:30:16 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.

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from the post starter when Litecoin already recorded its ATH (400$+) meaning this coin never cross any significant increase again up to now, though that happened in Bull years (earlier than how bitcoin recorded its ATH)
i guess this will be hard to see breaking 1k this coming bull(2025)
hope it will but I care nothing as I sold all my LTC in 2018.

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Quote from: smartaction on October 22, 2021, 01:22:28 PM

I am not sure but it can happen. Litecoin price now around $200 it's not a bad position. Maybe it will gradually increase more. But so far I have not seen any large pumps of litecoin any days

As long as bitcoin is increase and it will also trigger the price of litecoin to increase too. The price of litecoin is actually following bitcoin. If bitcoin stuck and everything will also stuck in the same place. It's very hard to say when bitcoin will get another massive pump again but i personally think if it takes a few years to make it happened started from this year or at least until bitcoin passed another halving.

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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.

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Quote from: kevinzxz on April 04, 2023, 01:14:50 AM

maybe it can happen if the price of Bitcoin create a new ATH, because if the price of Bitcoin create a new ATH, then usually most altcoin will also create a new ATH, so of course I believe if Litecoin can reach $1k, but if I am told to choose Litecoin or another altcoin, then I definitely prefer to invest in another altcoin, that is Ethereum, because I believe to investing in Ethereum rather than Litecoin.

It's possible once the market grows a lot especially with Bitcoin.
The ATH of LTC is around $400 and that is already a close price, I'm expecting a huge pump for LTC this year because of their halving and usually the effect of that is to pump the price while limiting the supply. What we can see right now is a good sideways trend for LTC, we might see $200 this year and then in the next bull run we might finally reach the level $1000. ETH and LTC are both ok to me, I'm ok to hold this two altcoins because I know they are capable of the pump as well.

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Quote from: wheelz1200 on April 01, 2023, 05:50:21 PM

There's plenty of coins that have less max supply than litecoin but that shouldn't matter much. Scarcity doesn't have anything to do with marketcap and what it does whether up or down.

Now if litecoin will ever reach $1k its all reletive to bitcoin price. If bitcoin never goes back over 50k would litecoin at 1k be possible? Probably not. But if bitcoin goes to $1million, having litecoin at 1k price would actually be a failure. Don't think in terms of usd but in sats and then you start understanding crypto pricing and what is and isn't possible.

There's simply not enough demand for Litecoin to rise in price on its own. It's highly-dependent on Bitcoin to survive. I like the fact that it has a limited supply, though. This should keep it from losing value in the long term. But without demand, we can't expect LTC to reach thousands of dollars (USD) in market price. The Litecoin blockchain has been doing well since its inception, so it's likely the cryptocurrency will last a lifetime.

Measuring the coin's price in sats is a brilliant idea. Never thought about it that way. As long as you're able to make steady returns on your LTC investment in the long run, nothing else matters. Just my opinion

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maybe it can happen if the price of Bitcoin create a new ATH, because if the price of Bitcoin create a new ATH, then usually most altcoin will also create a new ATH, so of course I believe if Litecoin can reach $1k, but if I am told to choose Litecoin or another altcoin, then I definitely prefer to invest in another altcoin, that is Ethereum, because I believe to investing in Ethereum rather than Litecoin.

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Quote from: Boomber on April 01, 2023, 12:22:51 AM

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.

but when this will be happen?litecoin is the past top 3 currency when I was new in this market but it losses its popularity from other issues and with those>? it maintained the top at least 20 and still holding , but harder to climb in top 10 currencies.
but for those who still have hopes? you can keep it but I already stopped my holding from this slow moving coin.

Quote from: imamb on April 02, 2023, 07:30:34 AM

if the upcoming bull season brings bitcoin to an extraordinary price eg 200k. maybe LTC can reach the price of 1000$. because the movement of bitcoin brings altcoins following large volume flows. what is not possible in the crypto world, what is certain for me the upcoming BNB hike may be more significant

litecoin had already lost its momentum years ago, from rank 3rd now stays below that more, but maybe if bitcoin finally made its way to 6 digits then i guess there is a chance of litecoin hitting 1k.

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Quote from: blockman on April 02, 2023, 01:28:53 PM

Quote from: Boomber on April 01, 2023, 12:22:51 AM

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.

There is that moment that it could reach but we've been on a bull run and it didn't move a lot. But we'll get to see if the next bull run will make it happen.
It's still one of the best coins so far in terms of transfer and I use it but I've got no longer hold of it because I've sold it already. Just as you have said, even the impossible can happen in the market so Litecoin has been one of the oldest and known altcoins and is even attached to bitcoin categorizing it as the silver btc. While two years has passed since this thread has made, we'll see by 2024 if it will.

I think it is not about reaching it beforehand, that would be quite hard I agree with that. But it is a bit about having a future potential or not and I believe Litecoin has that. This is a coin that has existed longer than most aside from bitcoin, and it is still a top 15 coin, that should be an example of how big it is and how amazing it could be as well.

I am not saying that it should be something that we need to achieve in the quick run, like in 2023, maybe (probably) it won't be 1k this year, but the reality is that if you think bitcoin can be 140k, then litecoin could also be 1k as well. That's the type of increase both sides have with each other.

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Quote from: Boomber on April 01, 2023, 12:22:51 AM

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.

There is that moment that it could reach but we've been on a bull run and it didn't move a lot. But we'll get to see if the next bull run will make it happen.
It's still one of the best coins so far in terms of transfer and I use it but I've got no longer hold of it because I've sold it already. Just as you have said, even the impossible can happen in the market so Litecoin has been one of the oldest and known altcoins and is even attached to bitcoin categorizing it as the silver btc. While two years has passed since this thread has made, we'll see by 2024 if it will.

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if the upcoming bull season brings bitcoin to an extraordinary price eg 200k. maybe LTC can reach the price of 1000$. because the movement of bitcoin brings altcoins following large volume flows. what is not possible in the crypto world, what is certain for me the upcoming BNB hike may be more significant

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Quote from: Teraboy on April 01, 2023, 07:37:16 PM

With the come of new coins and tokens in the market and that will be so hard for litecoin to reach such rate. That may be possible if bitcoin will be able to surpass more than 100k. I meant the pump of litecoin actually depends on the how big the price of bitcoin.

If bitcoin will be reaching more price and litecoin may able to do the same like bitcoin and other wise. Bitcoin down and litecoin too.

The fact that many new types of electronics appear, I do not see it as a competition for LTC, the diversity of the market is inevitable as this market grows more and more. And given that LTC has its own uses and is close to BTC, I'm fairly neutral on historical news or future suggestions, but admitting that LTC with a $1000 target is not difficult. We all see the market size is still very small and the price movement is something that we can see very clearly, looking at the current price level and expecting that the market will reach good positions, then think of the many possible highs above $1000.

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Quote from: Abiky on August 20, 2021, 06:30:16 PM

...Do you think it's possible Litecoin will reach $1k in the future?

Ultimately, the price of the coin will be comparable to the total capitalization of the crypto market. So with the total capitalization of the crypto market at $10 trillion, the LTC price of $1000 does not look like impossible. But in this case, another question arises - will the crypto market be able to reach a capitalization of $10 trillion?

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Quote from: Boomber on April 01, 2023, 12:22:51 AM

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.

With the come of new coins and tokens in the market and that will be so hard for litecoin to reach such rate. That may be possible if bitcoin will be able to surpass more than 100k. I meant the pump of litecoin actually depends on the how big the price of bitcoin.

If bitcoin will be reaching more price and litecoin may able to do the same like bitcoin and other wise. Bitcoin down and litecoin too.

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Quote from: Abiky on August 20, 2021, 06:30:16 PM

Litecoin is probably one of the oldest (if not the oldest) cryptocurrencies being traded on the market these days besides Bitcoin. It's also the second most scarce cryptocurrency on the planet (84 million LTC will ever exist). For a cryptocurrency that's often similar to Bitcoin, I'm surprised that it's still far behind $1k. After all, Litecoin has cheaper fees and faster transaction confirmation times than Bitcoin itself. Of course, there are other altcoins that are much cheaper and faster than Litecoin. But they're not as scarce as Litecoin is.

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

There's plenty of coins that have less max supply than litecoin but that shouldn't matter much. Scarcity doesn't have anything to do with marketcap and what it does whether up or down.

Now if litecoin will ever reach $1k its all reletive to bitcoin price. If bitcoin never goes back over 50k would litecoin at 1k be possible? Probably not. But if bitcoin goes to $1million, having litecoin at 1k price would actually be a failure. Don't think in terms of usd but in sats and then you start understanding crypto pricing and what is and isn't possible.

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Quote from: Boomber on April 01, 2023, 12:22:51 AM

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.

The ltc halving is coming and I see some movement starting to take place, at the moment the market is also very bullish so the price speculation with the current position of LTC will also happen. And honestly I personally think the next cycle this market will reach a very large cap, so I personally see ATH going over $1000. However, all speculations and investing in them also need to be carefully calculated, dyor.

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Quote from: Boomber on April 01, 2023, 12:22:51 AM

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.

You must not hesitate then if you believe that anything can happen in crypto but for me, I don't believe on that saying. There is no way that a shit coin can reach a really high price but even if the crypto is not a shitcoin, I still dont believe that they can reach an unrealistic price. 1k dollars in Litecoin is still realistic because its last ATH was 400 dollars. $1k isn't really far from that point. Position in market

Quote

especially if the total marketcap of cryptocurrency is increase very high

But we can not guarantee that most of the money is being put in Litecoin and not in any other cryptos but an increase in the overall marketcap can be a sign of a crypto bull run and Litecoin can still be influenced with it but If you want Litecoin to rise in a sure way, you better wish that its own market cap are the ones that will rise.

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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.

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Quote from: Abiky on October 29, 2021, 06:45:37 PM

Quote from: Maslate on October 22, 2021, 07:15:07 AM

Litecoin has still not shown an improvement, it's still struggling to pump, and that some coins newer than litecoin have already increased their value so litecoin was left behind. I am optimistic about this coin but from what I'm seeing now, it looks like it will remain stagnant for some time.

The ATH was only almost $400 and yey it cannot break that, ETH had already rise x10 of its ATH.

Litecoin is struggling to pump simply because there's lack of demand on the market. People are mainly focused on smart contract platforms these days due to the "De-Fi" and NFT hype. It's all about money, so any cryptocurrency which makes big profits will surely gain the most attention in the mainstream world. I'm afraid Litecoin won't reach that far in price if it doesn't provide innovation to the crypto/Blockchain space. It might stale as other coins rise all the way to glory. Who knows for how long LTC will survive? $1k per coin may seem to be a distant reality, but not impossible. Only a massive bull market run could make LTC reach the designated milestone. What matters is usability. As long as Litecoin remains a useful cryptocurrency, there should be nothing to worry about. Just my thoughts Grin

and we dont know if the ltc dev team is still active with their developments or if they still have plans in the pipeline. this is why it is hard for this old alt to make an increase in the market because we are not seeing any active movement from their end. so no reason to create noise. what can we expect if it seems they are stuck and others are rising because of their active and useful presence in the market?
so for me, 1k is still far from happening for this old alt and right now, there's no sign that they will reach new heights very soon.

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Quote from: Maslate on October 22, 2021, 07:15:07 AM

Litecoin has still not shown an improvement, it's still struggling to pump, and that some coins newer than litecoin have already increased their value so litecoin was left behind. I am optimistic about this coin but from what I'm seeing now, it looks like it will remain stagnant for some time.

The ATH was only almost $400 and yey it cannot break that, ETH had already rise x10 of its ATH.

Litecoin is struggling to pump simply because there's lack of demand on the market. People are mainly focused on smart contract platforms these days due to the "De-Fi" and NFT hype. It's all about money, so any cryptocurrency which makes big profits will surely gain the most attention in the mainstream world. I'm afraid Litecoin won't reach that far in price if it doesn't provide innovation to the crypto/Blockchain space. It might stale as other coins rise all the way to glory. Who knows for how long LTC will survive? $1k per coin may seem to be a distant reality, but not impossible. Only a massive bull market run could make LTC reach the designated milestone. What matters is usability. As long as Litecoin remains a useful cryptocurrency, there should be nothing to worry about. Just my thoughts Grin

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