Post
Topic
Board Speculation (Altcoins)
Re: Litecoin at the end of 2019?
by
tenakha
on 03/11/2019, 11:59:14 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?
The price of LTC is lower than its value, but by the end of this year $1000 has been a huge claim. Even BTC's reach of 20k will not help LTC. The current price is around $58 and the price should be increase almost 19x, even if it is LTC. It is likely that prices will rise until halving, but I think it will not be that much. This is not a newly created coin, this is the LTC with a daily volume of over 3 billion. I think, do not trust your source too much.