Quote from: X68N on July 09, 2015, 01:15:30 AM

Quote from: topdude on July 09, 2015, 12:00:59 AM

litecoin will be $40 soon, and trade volume will overtake bitcoin

we all mostly agree on that, but the question was more when. "soon" is too relative.
So if you or someone else could came up with more precise guesses it would be interesting.
(time span with reasons why please)

I wasn't around when litecoin originally went up to $40, but looking at the charts it looks as if its rise this time is a lot more gradual, which I think is good. If it spikes up too hard too soon, I think we already have a nice historical record of what will happen. However if it can rise just $1 or $2 a week with periodic pullbacks, I think it would be a lot easier for people to have confidence it in long term.

So my guess would be it will keep going up, but at a slower pace than before. A nice slow average of $1/week would be another 34 weeks for it to hit $40. I doubt if interest in LTC increases rapidly it would take that long, so a more aggressive prediction of $3 week will put us about 12 weeks out, or sometime in September. I think if it rises any faster it would be unsustainable long term and we could expect a big pullback at some point.