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Litecoin has a potential to reach $1000 this year check the video

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On 1/6/2020 at 11:36 AM, Anthor95 said:

No matter how good Litecoin is, but Litecoin coins like Bitcoin are not so optimistic to anyone, because Bitcoin has become popular with everyone, and Litecoin doesn't make much sense, but everyone has a good idea about Bitcoin, so it would be good for everyone to work with Bitcoin.  .

I'm also not much in litecoin as I'm only working with bitcoin because it's on top of the market and its profitable for investments it also does help other altcoins to rise when it rises therefore, I believe litecoin price will increase when bitcoin starts a bull run in this year of 2020.

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Sadly, youtube videos are not a reliable source of cryptocurrency news. They will say anything in a video to make money and attract viewers. Most of the youtubers are after referrals anyway. Unfortunately, Litecoin does not have the potential to reach anywhere near $1000. Such speculation is extremely farfetched and you can confirm it easily if you see its current statistics.


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4 hours ago, malik6314193 said:

I don't think it is going to happen in next 5 year. Litecoin is still at 50$ and i also think it will increase but as much as you are saying , it looks hard to reach at 1000$ for litecoin. 

I even doubt this too, I do not know any video to prove this right, litecoin at $44 now, getting to $1000 is still not possible. I think these analysts should first talk about how and when litecoin price will get to $100 first. 

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I do not think it is too easy for Litecoin to reach $1000 mark in this year but I can never reject the possibility. In general,Litecoin's price has been appeared to grow up against the price of crypto coin BTC. I am still waiting BTC price to raise which may also affect the price of LTC too. 

Edited by Whited35

 

 

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33 minutes ago, JohanDonne said:

The predictions are not correct all the time mostly they are wrong and I have seen this many times, ltc is not growing from a lot of time, if it can reach 1000$, it will take a lot of time, may be till that time Bitcoin will be at 100k.

Probably it won't be traded this high even then. Litecoin was a way for Charlie Lee to become filthy rich. Guy hit the lottery and cashed out as supposed to. Because he knows all transactions are transparent he gave excuses that he had to dump all his litecoin to noobs buying his shitcoin. After that the plan was to keep supporting Litecoin and make it look like he cares. 

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Its a very big target you are talking about. I do not think LTC will go that far. LTC lose many of its whale investors and there are other project that is taking its place in the market with a better potential growth.


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Litecoin is currently reading $43 in cryptocurrency marketplace and despite it high potential in the market I don't think it can reach $1000 this year due to one reason or the other and the highest I think litecoin can reach this 2020 is $80-$100 that is if the prediction of bitcoin price went the way we are expecting.

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Predictions are... a way to believe in something based on our information, if you handle wrong information you can have a bad focus on prediction.

 

Update Price:

Litecoin reaches + $ 55 and remains in the top 10 of some marketcap

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Perhaps this is your subjective opinion when you are too confident in the potential of Litecoin. In the current situation, the economy is facing many difficulties and so is the cryptocurrency market. We have not seen Bitcoin fluctuate as much as expected. Litecoin has also grown, but the $ 1,000 you make is impossible.

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I'm not against in Litecoin development But I think your speculation is too ambitious and its very impossible to happen within this year, and if we consider the market condition today, most of the Top ranking crypto-currencies is struggling to reach its former status and value that's why $1000 per LTC coin is not possible.

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I do not think so, in fact it is not possible, this is another one way greediness, how can someone say litecoin cod be $1000 this year, the person can even lose because this defined him to be so greedy. Litecoin can not even be $150 this year. This is what not possible. 

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Litecoin would really need some crazy hype to drive the price 2000% up from current.

I think most people find it boring, as you don't see revolutionary tech, but a coin that just works so well. But people won't be hyped for that.

 

Litecoin's biggest asset imo is Charlie Lee. One of the people in crypto I respect the most.

People will always fud around that he sold his stack and drove the price down. Those people have done little to no research.

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On 8/14/2020 at 1:29 PM, Abuyaman said:

prediction is not always an assurance but in terms of litecoin, well there is a chance that it will really hit that high unlike dogecoin where it's more on low value.

i don't understand how people believe that a youtuber saying this coins or that coil will go to such price...these youtubers only make those videos for their own benefits.

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If ltc would rise to 1000$. Then BTC,eth, or else coins must be around 100000$. Imho

Edited by robik963

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I highly doubt that happens also in 2020. We can easily skip this year because of corona crisis. Peope are not too rich for investing their money in crypto coins.

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LTC is one of my favorite coin and I think it has capability to achieve this price range of $1k but this not going to be easy for this iconic coin as we know that ltc is struggling from the last couple of years and its developers don't take much interest to protect its reputation and it can be the main reason of the slow growth of ltc.

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))))) Suuuuure, what are your calculation's based on? Why not UNI to 200$ then or Eth to 30k? OMG, people, give some fundamentals you are based on. 

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any coin has that potential from my prospective specially those in the first 10 cmc positions

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 this seems to be impossible to reach the price of 1000 litecoin, but I believe in the miracles of cryptos.. I think if this year is a bullish market then we can see that litecoin price is higher.

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every coin has potential will it happen only time will tell, let's wait another 10 years to see.

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I don't feel like it should cost so high. 1000$ for LTC looks not legit right now. Why should people buy LTC so much? There is no normal reasons to reach 1000$ per 1 LTC. It's not 2017-2018 years, so cryptocurrency will save such flat moves like right now. The market looks quite boring right now. The good news just as little.

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On 1/1/2020 at 9:37 PM, Grandmaster said:

I have said in one of my posts that I'm very bullish about litecoin I have created  a channel for the best coins to invest and news and updates on what's happening around the Cryptocurrency industry.

 

Litecoin will probably hit $1000 based on the analysis of one experts, better check this video to see the proof and post your comment and tell us if he is right on his analysis

 

 

 

Please support me and subscribed to my channel I have created this channel in preparation for the coming bull in the market 

if you also have channels just leave the link on your post so i can follow it too let's support each other

 

Go here to subscribed to my channel 

https://www.youtube.com/channel/UCtDQ_55ZZupRrF0BhdXqmuA

 

LTC is one of the coins that I really like, low fees, fast transfers, but unfortunately it's far from really reaching that price. In most cases the marketing presents a picture of things quite far from reality, I think this is one of those cases. It is true that the LTC was already worth several hundred in its time, but in my opinion it will take a while for that to happen again. 😴

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the projection for this year on the crypto's issue is quite optimistic, I don't think it will reach that value you are mentioni

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