Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Litecoin - a lite version of Bitcoin. Launched!
by
Yba Muse
on 22/08/2017, 19:50:28 UTC
i dont think the litecoin will pass the 0.25, it's a too big dream.... 1/4 of a bitcoin... ahahahah, for what? it's just a laboratory for the bitcoin. Well used in Asia but it's all.

Never like this coin.

I agree that looking at 21/84 = 0.25 is too simplistic and is not likely. I think somewhere around 0.012 is fair market value for Litecoin being valued like the silver to bitcoin's gold.

I also think Litecoin will have use as a real-live testbed for Bitcoin scaling and atomic swaps with litecoin will strengthen bitcoin's capabilities.

But these numbers being thrown out are crazy. Silver is valued at ~$14B vs. Gold which is valued at ~$6T. Theoretically Litecoin could get up to like Paypal or Visa value if it's payment rails become very efficient, but I think we're a long way away from that.

Litecoin above $200 is off the table, and $50-200 is going to need much more than just speculative buying and holding.