Can Bitcoin hit $100k? Nonetheless, the long-term bitcoin skeptic warns that the price can also drop to zero and one should buy gold instead. This is primarily due to the fact that if there are more trades on Bitcoin’s network, it boosts transactions and then, positive things follow for other altcoins, especially Litecoin. I do believe we are in for some choppy times, infinite growth cannot happen on an finite planet, money printing is going to end in tears, and anything that would hedge against this is a good bet. Although the price rebound slightly to touch the $4,200 region, the bulls could not take charge for long. New comments cannot be posted and votes cannot be cast. And lastly, on 13 March 2021, it was revealed that the cost of Bitcoin increased to $60,065, and hours later on, the cost crossed $61,000 to set a brand-new all-time high of $61,556.59. “People ask if I still believe in my model. According to long-term forecasters such as the Economy Forecast Agency (EFA), Litecoin predictions 2021 -2025 indicate that it could remain around $150 during the first quarter of 2021 and rise to a new peak of $260 in January 2022 then slowly glide back to lower levels the rest of the year to almost $100 in October Can ethereum reach 100k? I’m still hodling for as long as I feel necessary. It is already high as compared to the other newcomers. Why will Litecoin (LTC) reach $1000 USD Sooner than you think – Newcomers. The Litecoin price prediction is done based on the fact that it is the 7th most valuable cryptocurrency in the world. However, from our experience with Bitcoin and Ethereum, we expect that Dogecoin will reach $1 because it has far more potential than Bitcoin. For…. Source: Pixabay. CryptoNewsCasts Bitcoin, Bitcoin News 0 Bitcoin, Bitcoin News 0 Nevertheless, this year has witnessed severe dips not only on Litecoin alone but with other altcoins. Secondly, a high mass adoption of Litecoin’s protocol could also affect the price of LTC. What are you guys using litecoin to buy or sell? The cryptocurrency currently stands at $55.55 at the time of writing. Tron (TRX) among the most promising blockchain projects out there, here’s why, Bitcoin, Litecoin, Ethereum, and Ripple On the Rise, 4 Popular Cryptos Performance After the November Market Crash, Charlie Lee of Litecoin fame and the HTC Exodus phone, Understanding the Uses of Different Types Of Cryptocurrency, Realistic current crypto market trends: Bitcoin, ETH, Litecoin, Digibyte, XRP, Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //. Any cycle will take us to higher and higher heights. If litecoin even comes near where bitcoin does I’ll be very impressed. On Saturday (March 27), Ethereum engineering and strategy consultant Ryan Berckmans explained hw the price of Etheruem (ETH) could reach $100,000 within the next five years. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. By the time LTC is $100,000, $100,000 will be enough to buy a 10-year-old Toyota. The price of Bitcoin has plunged by more than 15 percent from its 2019 high of $13,868.44. This is the asymmetric bet. Leading Blockchain advisor and entrepreneur, Brian Schuster, has predicted that Ethereum will hit $100,000 in value. Some analysts say that for the feat to happen, constant buying demand from retail investors should exist. Will LTC go to 100k? In November 2017, LTC was trading at $100 per coin. I’d be so excited I’d literally piss in my own ass. Therefore, he knows what he is talking about. Shutterstock. It's a popular question asked by those who are long on Litecoin. XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata, My Crypto Heroes Announces Issuance of MCH Governance Token, Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving, Blockchain technology outshines Bitcoin and Gold during global pandemic, Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC, Wisebitcoin Launches Professional-Grade Crypto Exchange, ISW Holdings Continues to Transition Cash Assets into Bitcoin with $20K Purchase Ahead of Mining Launch, BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN. Bitcoin’s price will reach $100K by December 2021: Anthony Pompliano. If you or someone you know is contemplating suicide, please do not hesitate to talk to someone. Anthony Scaramucci Believes Bitcoin Price Will Reach $100K 'Before The End 2021' by Benzinga Staff. We shouldn’t forget that this year, BTC’s worth increased by 1300%, while LTC’s value had a meteoritic rise and as a result, the crypto spiked by 2400%. It is unlikely that it will be traded at higher level. The minimum LTC price might fluctuate in the $120-$170 corridor. - ICO & Blockchain Marketing Agency. Although they are often used interchangeably, they are different. We do know that Coinbase is one of the leading crypto exchange in the crypto market today; however, an inflow of investors on Coinbase can also have a positive effect on Litecoin price in the long-term. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”, Bitcoin Edges Closer to Widespread Adoption as Cash-Out Options Arrive at UK ATMs, Copyright © 2018 Global Coin Report. Peter Schiff Now Predicts Bitcoin Can Reach $100K Euro Pacific Capital CEO and host of the Schiff Radio show, Peter Schiff, was mocked by the bitcoin community on Tuesday after the price of bitcoin crossed the $50K mark. In January 2021, Bitcoin cost increased to $40K, and on 16 February, the cost additional rose to $50,000, taping an all-time high. Will LTC reach 1000? Even Tesla and SpaceX CEO Elon Musk believes that Dogecoin is underestimated. After a few years of being at the top with other top cryptos, Litecoin is poised to breakout from its current status – but there are so much efforts to be put forward by the team behind it. Advertisment. Probably, one of the effects on LTC’s price is due to the market activities of Bitcoin (it’s a fork of Bitcoin, and as like all other cryptocurrencies on the market, Litecoin hasn’t succeeded in decoupling from BTC). Most investors use Litecoin as a standard for most blockchain dealings such as smart contracts, and so on. The poll had shown that 37.3% or the majority of participants think BTC will reach $100k. Moving forward, despite the fact that LTC is slowly recovering from the pull-backs, it has the potentials to attain $1000 before 2018 closes and also reach $10,000 when we land in the year 2020 – but this all depends on some factors, according to Forbes. I'm a millionaire waaaaaaay before then. It’s been revealed that there’s a new viral post on Twitter that’s centered on a much-debated question in the crypto space – if BTC will ever hit $100k. The positive prediction is supported by DigitalCoinPrice, which sees LTC trading at … Home Bitcoin News Anthony Scaramucci Believes Bitcoin Price Will Reach $100K ‘Before The End 2021 ... Litecoin has been among the many worst performers within the crypto market in 2020 and 202… 7 hours ago. Whilst Crypto is disruptive to the status quo, it’s not a winner takes all scenario. It is not because, as advocates often claim, it is “inevitable” that Bitcoin will become the world’s next reserve currency, dethroning the American dollar. In January 2021, Bitcoin price rose to $40K, and on 16 February, the price further surged to $50,000, recording an all-time high. “NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining. Assuming the supply stops dead in its tracks, at $100,000 each, the total Litecoin supply would be worth $6,000,000,000,000 or 6 trillion USD. Assuming the supply stops dead in its tracks, at $100,000 each, the total Litecoin supply would be worth $6,000,000,000,000 or 6 trillion USD. So, for its use case, Bitcoin is very early on its adoption curve. Shutterstock. If you are confused about investing in Litecoin, then, it is essential that you look at its price and value on long-term. On average, the Litecoin rate will change from $180 to $220 throughout the year. But that is not deterring investors from making bold bullish predictions for the cryptocurrency. Home Bitcoin Bitcoin to Reach $100K to $288K in 2021? Since the peak was put in during the beginning of 2021, Litecoin … The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia. … DigitalCoinPrice has predicted that LTC will reach: 2022: $234.84. Berckmans, formerly a Senior Engineer at Augur, explained why $100k is a realistic price target: “Ethereum’s total fees need to be $1b per day for ETH to be worth $100k from fees alone (using a 3% discount rate). The maximum price indicators in 2021 can reach the $240-$260 mark. Early February, bitcoin dramatically fell within a period of six days to reach $6,000 and continued on this path to $, 5,800 by the end of June. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer. And while it peaked at $13,880 in June, Bitcoin has since been on a downward slope. 1 year ago. Should Crypto Projects Devote Resources to Community Growth and Marketing? News 2457 Total views. When Will Bitcoin Reach $100k & 1 million USD? Bare in mind that a $6T market cap would also not mean that exactly $6T had been pumped in either, it’s just that the price per token X tokens mined / available equal $6T. The next month (December), LTC traded much higher as its price surged to $331 per token. DigitalCoinPrice, by contrast, has given the following forecast for the price of Litecoin from 2022 to 2028: As we can see, DigitalCoinPrice expects the price of Litecoin to grow steadily over the next seven years. According to Lee: We are in one of many, many cycles to come. Stock-to-Flow Models Suggest It Could Bitcoin to Reach $100K to $288K in 2021? It might reach newer heights, which shall define its futuristic goals. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. This is due to the fact that the coin as a means of payment seems to be convenient in this price range. Yes, in my uneducated opinion, it’s quite likely that the dollar-denominated price of Bitcoin will eventually reach $100,000. XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange. Let me explain my reasoning behind that forecast. To be clear: I have no doubt whatsoever that #bitcoin S2FX … Expert Predicts Ethereum Will Reach $100,000 Value Could Ethereum reach $100,000? A higher-high after a higher low is the definition of an uptrend. NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The cryptocurrency will reach the maximum value by the end of 2021. We believe that Litecoin 2025 price could reach $1,000. For the crypto to hit $100,000, it must have a market cap of $2.1 trillion which is about 20% the market cap of gold currently. Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021. He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”, Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. If you invest in bitcoin now, you get both the benefits of a store of value and a potential 30-times return. at E-Crypto News. Stock-to-Flow Models Suggest It Could. Speaking to Yahoo Finance UK, the founder of China’s first bitcoin exchange platform declared that the bitcoin price could continue to reach greater heights. Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs. Is rather change my life and enjoy it then wait and wait and wait. By 2021, Litecoin might reach $600. 3:00 pm. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. 2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. According to the online publication, the Daily Hodl, a lot of BTC traders and analysts, and crypto entrepreneurs as well, they all hinted at the possibility / predicted that the king coin would soon reach $100k. For that to happen, I think there would have to be some sort of global fiat meltdown where the USD, Euro, RMB, etc. Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Litecoin might rise upwards and might give a tough competition to the other cryptos. if then LTC is 100k$, you can literally buy a gum with 1 LTC :D, the same thing they said when ltc was worth $ 1 and nobody thought that it would surpass $ 100 and see that it reached more than $ 300. What would LTC look like at 100k valuation? License. Since Litecoin is considered similar to Bitcoin – but faster and cheaper than Bitcoin, it can cause an increased effect on the price of Litecoin on a long-term. With Bitcoin staggering hitting lows of $6000, LTC also has its price going back and forth, hitting the price range of $50-60. Check out the new Global Coin Report YouTube channel as we address all the highlights in crypto and the financial markets. $6 Triliion is a huge number, but not inconceivable on a global economy scale. Litecoin price prediction 2023. The next month (December), LTC traded much higher as its price surged to $331 per token. Last but not the least, is the determining factor of Coinbase. First thing first, Bitcoin’s future growth and spikes would play a key role. For ltc to reach 100000, we will need real adoption in commerce. Litecoin ‘s highest market capitalization reached 20 billion dollars at the time its price was at its historical highest point so, even when everything was peachy, it was still only a third of what would be needed to reach the thousand dollar milestone. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features. Nevertheless, this year has witnessed severe dips not only on Litecoin alone but with other altcoins. 2020 was a brutal year with very little action, causing investors interested in LTC to ask the questions “will Litecoin go up in value,” “how high will Litecoin go,” and “will Litecoin ever reach 1000 dollars per LTC.” Already in 2021, Litecoin has set its first higher high since its all-time high price record was set in 2017. The price is going to soar pretty high in the year 2021 and 2022, where it can reach the $500 to $600 mark. And finally, on 13 March 2021, it was announced that the price of Bitcoin rose to $60,065, and hours later, the price crossed $61,000 to set a new all-time high of $61,556.59. Continue reading Will Bitcoin Reach $100K? With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities. The Core Flaw In $100,000 Bitcoin Price Prediction. I mention both of the above projects as they have each taken slightly different paths to achieve greatness. NFTs are already being actively traded in markets globally. It is often regarded as a better choice than Bitcoin. For the latest cryptocurrency news, join our Telegram! Some analysts say that for the feat to happen, constant buying demand from retail investors should exist. It is possible to see bitcoin reach $100K. Will Bitcoin reach 100k? Press question mark to learn the rest of the keyboard shortcuts. Schuster’s prediction states that Ether coins could reach dizzy highs if it develops as a market store, similar to gold. Chinese Lottery Firm Furthers Crypto Pivot by Buying Bitcoin Miner Maker for $100M. A huge crash in price would come if everyone sold. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Elon Musk is the founder of X.com, which later became PayPal. I think it will one day, and I hope to see you all when we get there. It is important to know that a positive turnaround from the world’s leading cryptocurrency, Bitcoin, would positively affect LTC on a right side. all lost 95%+ of their value, followed by an explosion in value and huge consolidation in the crypto market. A touch less 33.1% thinks that $288k BTC prices are actually possible. Litecoin is poised for a breakout, and we should not be surprised if we see the bulls kicking earlier than forecasted. Bought my VPN service with LTC earlier this year. Litecoin is gaining more popularity, the acceptance ratio might also increase. Looks like you're using new Reddit on an old browser. As we have witnessed before the end of last year, LTC is gradually recovering from the price dips as Bitcoin is. Many believe Litecoin will reach $1,000 and beyond. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…, Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //. can we say that for an instant LTC exceeded bitcoin? There are currently about 60,000,000 Litecoin. Litecoin has better usability compared to Bitcoin. In December 2020, BTC touched $10K. Litecoin (LTC), after LitePay and LitePal was one of the first to rebound and it will for sure be one of the first to return to the all-time high of $ 370 USD because these new payment processing services will allow even more merchants to accept LTC. There are currently about 60,000,000 Litecoin. In November 2017, LTC was trading at $100 per coin. The economy is not a zero sum game, fiat doesn’t have to die for crypto to grow, it’s just another branch of value in the economy. 0.00001000 LTC would = $1, and an onchain tx would cost roughly $2-5 at current rates.That said by the time we reach $100k LTC we'll likely be well versed and integrated into Lightning Transactions, which essentially make transactions free. Several recognized institutions could invest in Litecoin and accept LTC as a payment. Will Bitcoin reach 100k? Bitcoin started 2019 with a valuation of $3,693, before climbing its way up. Therefore, Dogecoin will never reach $100 per coin. As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. Also fiat currency has been losing value, just over a longer scale than we identify as hyper-inflation, ie over 100 years not 10 years, so with all the ‘quantitative easing’ that we seeing, currency devaluation will continue, but we will have to see an absolute paradigm shift in the world economy to see Crypto assume the lead role over Fiat. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. It’s important to make a distinction between blockchain technology and cryptocurrency. However, Litecoin has the possibility to hit the bulls before the end of this year and on a long-term. Last week LTC briefly was trading on Binance for 100,000 dollars each and it got me thinking. Will Litecoin ever reach $1,000? Co-founder and partner of Morgan Creek Digital Anthony Pompliano has always been a … The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Several alternate ups and downs occurred in between until an obvious downtrend sent the price crashing as low as $3,200 by December. For the crypto to hit $100,000, it must have a market cap of $2.1 trillion which is about 20% the market cap of gold currently. Call 1-800-273-8255 or text HOME to 741-741, https://en.wikipedia.org/wiki/List_of_suicide_crisis_lines. It is possible to see bitcoin reach $100K. Bitcoin breaks resistance to breaks its all-time highest record on 16 th December 2020 by crossing $20k USD point. For it just to reach the same size as the gold market, Bitcoin will have to grow by 30 times. Bitcoin Will Exceed $20,000. I wouldn't say that's literally impossible in the next 50 years, but let's say it's extraordinarily unlikely. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. 5 min read. February 19, 2021 7:14 pm . But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%. Neo forecasts bitcoin to reach $60,000-$80,000 by the end of 2021. For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Can LTC Reach $10,000 by 2020? Crypto prediction website Coin Price believes 2020 will be a bull market for all cryptocurrencies, and based on this, they see the price of LTC going to the $124 level. Groceries mostly and re-up my phone service. Yes, in my uneducated opinion, it’s quite likely that the dollar-denominated price of Bitcoin will eventually reach $100,000. 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