Post
Topic
Board Speculation (Altcoins)
Re: Litecoin at the end of 2019?
by
NathanJB
on 11/10/2019, 08:48:16 UTC
I put in Litecoin halving into google and got:

"Will litecoin go up 2019?
According to oracletime.com, the advantages of Litecoin over Bitcoin will interest many new investors. Their Litecoin forecasts for the end of 2019 is $1000, but there are predictions that it could even rise up to $2000!"

Thoughts?

Wow! That is a prediction that is probably too bullish. That is something that Litecoin is impossible to reach in only barely three months time, even the lower prediction of the two, which is at $1,000. Take a quick look at coinmarketcap.com and you will see that Litecoin is somehow stuck at around $55. If $1,000 is possible, that is roughly x 18 of growth or 1,800 percent. I can't see enough reason for now why Litecoin will suddenly rise that fast in price. Halving is not enough reason I guess.