Post
Topic
Board Speculation (Altcoins)
Re: Litecoin will Fly
by
bttmember
on 27/12/2020, 22:32:23 UTC
If BTC goes X 4 to 100,000 USD this bull run cycle (very plausible imho) and the LTC/BTCratio stays the same as RIGHT NOW at 200 LTC = 1 BTC that puts LTC at $500 USD a coin

Using same target assumption that 1 BTC = $100,000 USD
At 151 LTC for 1 BTC = $662 USD per coin
At 125 LTC for 1 BTC = $800 USD per coin
At 100 LTC for 1 BTC = $1000 USD per coin
At 60 LTC for 1 BTC = $1666 USD per coin

Look again at the average LTC/BTC ratios since 2011 - https://imgur.com/a/9sdxuON

LTC has been WAY under the current 200 ratio for the vast majority of the coins history.
If you believe BTC will crest $100,000 USD this cycle we are looking at worst $500 USD a LTC and much much better if the ratio improves.

The only caveat is that if the ratio gets much worse. But again, history of the ratio says that is unlikely. If anything LTC is at a historically high ratio and it’s about to improve.

With that said, Litecoin's value proposition:
High liquidity & on every exchange
number 2 supported on ATMs
350m @PayPal users
$104m @Grayscale LTCN trust
99% Scrypt hashrate dominance
MWEB fungibility/privacy
Low fees & fast txns
$500b+ value transferred
9+ years w/ zero downtime

https://twitter.com/SatoshiLite/status/1340864115628130305?s=20


Litecoin also appears to have cycles as shown in the diagram here:  https://imgur.com/a/vvSvulH

While the future isnt always the same is does often rhyme.
Nice break up and review of potential price targets, ltc was the one i was sure of big gains but with your ranges it is easy to expect some upward targets, I hope you will also post similar analysis for ethereum and tron.