The free market seems to have spoken and the free market is never wrong, so I'm gonna listen. I'm going to exit and buy more CVC, because I just don't know if there is going to be much of a market for litecoin. Gonna be 3 bitcoins in a few months, so we won't even know which one is the real bitcoin for awhile. If all three co-exist, who wants to own litecoin? I don't think I do. I do want to own Vinny Lingham, though. Keep moving, CVC!
Litecoin...quite the yo yo stock:
https://www.google.com/search?q=lit...i57j0i271l2.3248j0j1&sourceid=chrome&ie=UTF-8
One opinion states:
"According to financial experts, Litecoin could break out to a price of $500 in 2021, increase to $1,000 in 2022 and experience a bullish situation in 2023 where it will trade at $3,000 and $10,000 mark in 2025."
https://trading-education.com/litecoin-price-prediction-forecast
https://www.google.com/search?q=lit...i57j0i271l2.3248j0j1&sourceid=chrome&ie=UTF-8
One opinion states:
"According to financial experts, Litecoin could break out to a price of $500 in 2021, increase to $1,000 in 2022 and experience a bullish situation in 2023 where it will trade at $3,000 and $10,000 mark in 2025."
https://trading-education.com/litecoin-price-prediction-forecast
I just don’t see where light coin has a place .
Only reason Bitcoin has a place is because of the store of value narrative.
Although litecoin is more scalable , cheaper , and faster then Bitcoin it’s still way too slow, and and expensive to ever be a currency.
Many many other coins technology is vastly superior to litecoin .
Neither litecoin or Bitcoin will ever be currencies .
Bitcoin will survive due to acting as a commodity like gold.
Unless litecoin also becomes a store of value it’s basically dead. Because it’s not capable of anything else
Only reason Bitcoin has a place is because of the store of value narrative.
Although litecoin is more scalable , cheaper , and faster then Bitcoin it’s still way too slow, and and expensive to ever be a currency.
Many many other coins technology is vastly superior to litecoin .
Neither litecoin or Bitcoin will ever be currencies .
Bitcoin will survive due to acting as a commodity like gold.
Unless litecoin also becomes a store of value it’s basically dead. Because it’s not capable of anything else
Litecoin price targets like 10K are a joke, imo. It will probably trade higher than it is now, simply because if Dogecoin can go up, then anything can. Bitcoin will never be used for anything other than storing value, and it will be very good at that. Wealthy people will buy it to hold forever, because if we get massive inflation, there is no limit to how high it can go. But everything exciting is being built on Ethereum, and I would forget Litecoin and buy ETH.
[h=1]"Dogecoin and Ethereum: one of these is 'very, very' undervalued - Ran Neuner[/h]
https://www.kitco.com/news/2021-04-...hese-is-very-very-undervalued-Ran-Neuner.html
https://www.kitco.com/news/2021-04-...hese-is-very-very-undervalued-Ran-Neuner.html
