Litecoin soon will die, because it hasn't any reliable use. Nowadays price-drop only confirming it.
I find this hard to believe. If It didn't die when it dropped from $50 to $3 back in the day, it is not going to die, ever. I agree that its a copy/paste of btc though. Maybe they implement MW as a sidechain and try something different... I hope they do.
What is your source to predict about price of LTC could potentially drop to such a low level even it is showing mind blowing performance and big merchants already support this. I hope this will keep growing and will get a decent floor in future.
It's not a prediction if you're talking about the past
He was talking about the previous bear market (2014-2016) when it went from $50 to less than $3 and stayed there for two years. The source is the historical price charts Yes, the price of Litecoin is very low during the previous bear market, the situation of the market cannot be the same every time. Look at the price of Litecoin now is around 42.40$ which is very low compared to previous, the fluctuation is kept happening in the market and it is impossible to predict the prices.