In looking to the longterm of potential cryptocurrency development: I often explore what i deem as a possible in regards to "price discovery"...and future market potential valuations.
Point Form Analysis:
It seems most probable that litecoin will go 10x before bitcoin will do another 20x.
Bitcoin and Litecoin will both continue to grow substantially. It is my assessment that Litecoin will at least in the short to medium term out pace bitcoin in growth percentage points.
I speculate that in the longterm Litecoin will move to be worth 4 to 5 times less per coin. Moving in this direction I think it's first significant price climb measurement will be that to 10 times less the price of Bitcoin
I speculate we may see a 10K Litecoin relative to a 100k Bitcoin.
My speculation in the longer term is that we will see 200k to 250k Litecoin relative to Bitcoin going to 1 Million per coin
Being a Visionary and 'thinking long term' is Fun. I am challenging myself to struture plays for the long term and Hodl with patience.
In posts to come I will provide more detailed reporting on 'what/why/how' I make and shapes the natuer of my speculations and forecasting's.
I expect the rate of growth into the cryptosphere to continue an accelerated pace...somewhat unprecident within our recent history of economic growth rates.
New creative minds are moving to accelearte new ways of business. The shapes of future business are continously being rebuilt in new creative ways...however we will see ever increasing competition in a variety of ways.
"Financial Literacy" and "self-education" will continue to pulse the collective consciousness of Humanity
This is interesting that you say it could reach 10k I️ don’t see it hitting that high but I️ also don’t see 100k BTC I️ will keep an eye on ltc though as I️ feel it is worth more
I mostly agree but actually think LTC 10:1 ratio is more short term (2018) and will likely close this ratio gap even further after that potentially reaching its intended 4:1 ratio... which it may even surpass at some point (due to the wide range of powerful use-cases the coming LTC releases will offer such as MAST, LN, Atomic Swaps, Confidential Transactions). Again I feel the overall use cases for LTC are going to far outweigh BTC in the short and long run and with 2018 being the year of "real-world use-cases" and "ease of entry", this primes LTC for a highly probable jump to the top of the food chain.
Anyways I doubt many people will see its potential yet, but wait a few weeks/months once MAST is released and a few of its MAJOR partnerships are announced, and by then people will likely see LTC in a much different light.
Thanks for your comment - the share of perspective is appreciated.
Cheers to the future and to seeing the potential....even when seeing the potential isn't obvious to the majority. Stand Strong :)
I hope it will happen.... that makes me billionaire someday!
Hey I can dig it! I defiantly hold but have also paid some bills while in my last semester at school. At this point in my life crypto is the best thing that’s happened to me.
best regards @jaquille
🙌🏾 Thanks!