LTC is gaining in popularity and value. In the last 5 days LTC has outperformed both BTC and ETH. People globally are recognizing LTC as a great value. Since LTC was designed to have a 4 to 1 ratio with BTC, LTC should always be 1/4 the cost of BTC. As you can see LTC should be around $600.00 but it is around $54.00. That means LTC is at a $500.00 discount!
How is LTC going to hit $228.00 by February? Well, here is how. The global financial system has been on life support for years. Financial crisis's is going to increase and or accelerate after September. Globally, more and more people will be looking for a safe harbor to store their wealth. LTC will be the go to crypto investment. Once people realize it should be 1/4 the price of BTC and that is is discounted (like it is today) by $500.00 they will rush to buy it. The Fear of Missing Out (FOMO) will set in and we will see LTC reach that $228.00 target. It will not stop there either. LTC will be $500.00 by this time next year.
Most of us have heard by now that both Barkley's and Goldman Sachs are speaking highly regarding crypto currencies. Think about that for a second. Banks are supporting the very thing that is replacing them. That is correct, banks can see the hand writing on the wall and see that future banking and commerce will be using crypto.
I hope your right kb. I currently have my sha 256 paying out in ltc.. it's a much more fluid currency as far as ease to use, speed, and so on. I'm interested to see where it will end up. I don't think the ltc logo is silver by mistake either.
LTC will be $1000.00 in 18 months. The wheels will be coming of the global financial bus starting in October. At that point you will see 10's of millions going into crypto with LTC in the lead
sounds good to me!
Yes, Buy and Hold LTC. Those that do will be financially rewarded!
LTC is silver as BTC is gold.
Yes it is. Mr. Bitcoin Litecoin on YouTube says that all of the time!
Sounds great
For me LTC will be the actual Digital Currency suitable for Payment
Yes it will be the one everyone uses for daily transactions
Silver bugs have been saying the same thing for many years regarding the gold/silver ratio. I'm hoping the BTC/LTC ratio gets to 4:1 a lot quicker like many are here. Only time will tell but I think August 1st will be a big date for people holding LTC. But even if August 1st comes and goes without incident, Litecoin will continue rising in price gradually while dipping down and finding support, then rising again gradually which is very healthy (rinse and repeat).