Post
Topic
Board Altcoin Discussion
Re: Is there any possibility to hit the Litecoin price @ $600 ?
by
chakra74
on 12/06/2015, 13:42:36 UTC
Like the previous poster stated, I'm not sure if it will ever go up very much.  I know Litecoin has a fair amount of network effect, but the coin really doesn't bring much new to the market over Bitcoin.

There's so many up and coming 2.0 coins that offer new solutions that I don't know if people will continue to cling onto Litecoin.  Bitcoin has passed the point where its network effect can be toppled but I'm not sure you can say the same thing for Litecoin.  Within the next couple years Bitcoin is going to implement new systems that will make the use of Litcoin almost redundant simply because there's so many developers working on Bitcoin.

I hope you're right though, and there is a massive alt-coin future ahead of us.