So the master SatoshiLite has spoken.
Worth noting that his predictions are usually on tact. Just he did not say if its USD or BTC wise.
I would surely be happy if LTC was even equal to current price of BCH.
Markets
So Coblee means LTC will be 4th (since XRP due to unlimited creation cannot be really taken down) and will beat usability of BCH.
ATH of LTC USD wise was 300+.
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Possible, No idea why either are worth anything.
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Litecoin at least can be considered a real world test for bitcoin, segwit and lightning working on litecoin is bullish for bitcoin...at least that plays a role. Bcash has a manufactured buying pressure due to bitmain only accepting bcash, plus the same people who believe the earth is flat also flock to bcash with their outlandish conspiracy like the Bilderberg group leader being behind blockstream and somehow that means he controls the open source code (makes no sense lol) and how apparently the most humble and very spoken man, Andreas Antonopoulos, is now apparently a paid shill lol
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Litecoin was a good effort to carry on the work of Bitcoin and implement it in a way that could remain "Democratic". LTC is easier to mine than ETH even for normal people. BTC was immediately controlled by the very same people with deep pockets who already own everything. LTC is a step out of that and has a use still as a simple transactional ledger.
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Im hodling both. So mot to much worry here
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After Uncle Scam regulates crypto into oblivion, they will all be worth the same!
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Up, Up, Up, all I want to see is Litecoin going up! BCash has been very, very good to me, but I'm ready for LTC to take it's place!
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Bit coin has a strong community i feel than litecoin
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That would definitely be something. I like BCH, but I like LTC a whole lot more...
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The ability to use the Litepay Visa card at ATMs, coupled with instant LTC-USD conversion will open up huge amounts of potential for Litecoin, which will only have a positive impact on the price.
And while it is a leap of faith to suggest that LTC will escalate with the kind of speed that would see it threaten even BTC and ETH for market superiority: Litecoin: Litepay Launches Today
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It def has a lot less haters out there lol that could make a big dif in the long run.
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It also makes people blind, like all those who said stuff like
"lol ripple will never get past 28 cents because so much supply and I hate it"
And they were saying this still days before it went to $2 or something in like 3 days
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A few days ago I dumped my last BCH that I got during the fork and bought LTC, XMR and BTC with it. The only value that BCH has is the possibility for another pump and dump. LTC is twice more used, faster and has a way longer track market and better tech. The supply of LTC is 4 times bigger than the supply of BCH, so with the same supply as BCH one LTC should be 900 USD. BCH is more expensive while less used and useful!
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BCH should die the hell out. LTC would deserve to be the third biggest cryptocurrency (because Ripple is a piece of shit, as well)
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Coinbase won't tell me where my Litecoin Cash is.
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Litecoin will hit 0.25 BTC at one point...mark my words
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Is that because LTC will go to the moon or BTC will crash back to Earth?
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BTC had its chance to crash in 2014 when MTGOX failed...the fact bitcoin survived that is proof that bitcoin is going to be around for a VERY long time
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upvoted
welldone dear great post
you & crypto analyst @salahuddin2004 are real masters of cryptocurrencies.
keep posting
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Lol, the flappening.. It's more interesting that Lee thinks ETH will never outgrow BTC.
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I think that this year the Alts are going to have to put up or shut up! Demonstrate use case plus superior functionality or start sliding.
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I dont see much long term value in either of these coins. Where does LTC go from here? Whats planned for the fiture other than keeping fingers crossed for merchant adoption?
Also, didnt Charlie say he wasnt going to tweet about price anymore?
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My understanding was that he sold all his LTC for be able to talk about price without been accused of doing it just for get richer...
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I've been around enough to know when an article talks about a flippening and everyone is on board it is time to go with the underdog coin. BCH always finds a way to rocket up when I think it is dead. I may move some of my stronger coins in BCH in hopes for another rally when bitcoin rallies.
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I hope the price get to $2000 during this year so that I can get some good profits with my 18 LTC held
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I am willing to bet LTC will not hit 2000$ before 2020 (not this year and not next year either)
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Yes, I agree with you that's a ridiculous amount but imo so is the price of many coins
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What I wrote is not the current price and never was.
LTC is one of the better currencies, but Proof Of Work implemented by computers is a bad idea.
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let's just wait and see what the market hides
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oh wow! i am praying it gets to that amount as well. i have a couple LTC.
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Wow, I own just 0.09
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just keepholding
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shizzle
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Correct me if I'm wrong here, but aren't Litecoin and Bitcoin Cash essentially the same thing? I don't own either, but I would definitely prefer to have Litecoin if I had to choose between the two. BCH has too much controversy and negativity surrounding it. Litecoin has Charlie Lee, nuff said.
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Litecoin is the fastest of them all. If I have to pick one to use it's always LTC.
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If BCH keeps declining and LTC rises I could see it. However I think we might see two new coins moving into the number 3 and 4 spot for total market cap.
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How about Ripple? I have some Ripple. :)
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Crypto currency will overcome this crisis, their prices will go up again
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He is not talking about prices, he is talking about Market cap of both of the coins, this "prediction" is very likely to happen considering what is going on right now in the crypto world. This means LTC will double market cap, or BCH will drop big time, with that information we can expect LTC to reach $400+ easily until the end of the year.
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I think LTC has more potential! The price is currently even higher at BCH, but not the value!
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I remember reading Charlie Lee had sold all of his LTC. Weird thing to do if he think LTC is going up don't you think?
Also, the real flippening never happening is hard to say for sure.
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Charlie Lee sold his LTC as there is a "conflict of interest" with him holding litecoin , like he is manipulating the market kind of stuff ! He did that to end such kind of rumours!
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Just look at Ripple to compare.. How much of it the founder owns? Hmmm....
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Basically, he knows litecoin is only going to increase in value. How would it look if he held a large portion and kept speaking so positively about it? People would assume he's lining his pockets. His move was very healthy for the currency.
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Well, with BCH having no real uses (at least as far as I'm aware of) except for speculation and cheap transactions I'm honestly surprised it's held out as long as it has.
Honestly, I would not be surprised at all if Litecoin continued it's climb and BCH faded into the background.
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Even if the market cap of Litecoin increases to that of Bitcoin Cash 's current market cap, the price of Litcoin will be only around the $350 to $370 considering more LTC mined to achieve that feet.
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Very useful share . Thank you
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Haha note that this does not necessarily mean ltc mooning, but it dropping less than bch.
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IM0, the adoption of litecoin will outpace all other currency-centric crypto assets. Great team focused on making it happen.
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Oh Charlie! Always manipulating the LTC prices :P
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I had set my Genesis btc mining contract to pay out in litecoin for the last six months or so and am hoping for a moonshot for litecoin. Maybe Deutsche bank will have to fail first. Also like to stare at my gold & silver stash when crypto has a pullback. Makes me feel good!
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I'm hearing BTC $100,000 by year's end... LTC at $20,000 either 4:1 or 5:1 when all is said and done. Anyway I plan on having 10 LTC by Summer.
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lol same goal man ltc will moon
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I hope so... I have 6 now.
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I donot know why LTC to be worth more than BCH? There is no reason
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It would take one hell of a run for this to happen
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Thanks for sharing this analisis , upvote and resteem
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I wish it did. Litecoin has been here for a long time and has a solid track and a good team behind it. Heck even just the fact that Bitcoin Cash is constantly trying to present itself as if it were almost Bitcoin itself is a reason why LTC deserves the higher ranking spot more than BCH. Almost all currencies that try to gain recognition for having a different currency in their name are shady.
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i love LTC. best coin ever
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It would have to surpassing it BTC wise surely otherwise how else would it surpass BCH?
I think BCH boom when Bitcoin/this market has done recovering so I wouldn't make the mistake it seems we're incapable of not making over and over again, that of thinking that stuff that is going down is going down because it's going to keep going. There's too much big money involved with BCH for it to do so badly so I have to disagree with this assessment. The only way I see it happening realistically is if there's some major advance or development with Litecoin, but it can't just be something like Amazon accepting it because chances are they'd also accept Bitcoin Cash among others as well. Never say never in crypto though.
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thanks for this amazing analytical post.
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LTC profited from the hardfork rumours massively, though still it remains unclear if this has generated a legit coin. Miners seem to already work with it even though Charlie said it was scam.
LiteCash gives additional fantasy to the coin which I trust will drive it up further once it gets accepted.
BTC was the unliked child all the time, it is being accepted more an more. Not sure it will pass ripple one day, XRP though got some more potential since latest news were not yet priced into the token from my perspective.
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Very interesting, and also how a comment can make a price. I hope he's dead on.
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Remember chinese year of the Doge!!! very much wow!!!!
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intriguing & exuberant!
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Coins mentioned in post:
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wonderful & great!
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The flappening... love it.
He seems like he's joking but I doubt it. What does he know?
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Interesting premise, unlikely unless fundamentals change about how real-world fiat to crypto exchanges work. Unfortunately it doesn't look like this part of the market is keeping pace with the rest of the ecosystem. The exchanges were fast to list Bitcoin or get out there listing them, but updating these exchanges looks tedious at the moment, while new exchanges and atm's are already listing or allowing fiat-crypto exchanges for the top 10 crypto currencies at least.
unless proper motivation goes along BCH is prime to be used where BTC is, while LTC needs to incentivise the exchanges in some way or wait for a wave of updates.
The mining space between the 2 looks rather promising however.
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Don't think LTC will takeover BTC for a long time because BTC is the name what everyone knows.LTC does have some good potential for this year.
Good post.
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Looking forward to that day... hopefully it won't be long.
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lets hope it get its worth back, else people who invested at highest rate will die of heart attack :S
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Heck Yaahhh
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very nice post
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LTC is way better coin than BTC
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Easy prediction to make. Bcash is an obvious scamcoin and will trend towards zero with increasing volatility going forward.
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Thats such an informative post, if i hadnt come across it i would have made any other decision, but now i will keep this stuff in mind and lets see how things go.
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Nice
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I like your all post
Upvote, followed and resteemed your this post.
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very good information, thanks for sharing, success always friend @kingscrown
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