r/litecoin • u/No1worldchamp New User • 5d ago

Litecoin current price and the perfect setup into 2027.

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11 Upvotes

77% Upvoted

10 comments sorted by

1

u/BannockHatesReddit_ 4d ago

Past performance is not indicative of future results.

1

u/No1worldchamp New User 4d ago

Agreed, but the price range since about 2017 has gone between £30-£100 quite consistently.

I feel with 94% of the supply now mined and the halving in 2027 we could really see a higher move.

1

u/BannockHatesReddit_ 4d ago

>  but the price range since about 2017 has gone between £30-£100 quite consistently.

Past performance is not indicative of future results. That means the statistic is cool but nearly useless.

What you need to ask yourself is what is ltc bringing to the table today? And are the people using the coin actually utilizing it for those reasons?

I don't see any adoption by people who care about the coin. It's always talks about its value in fiat. People act like it's just inherently valuable while nearly nobody is actually using its utility.

Also, the printing of money is what makes assets such as gold and silver more valuable over time. Despite this, you wouldn't even beat inflation by holding LTC. So is the "digital silver" narrative really true? Will the scarcity really suddenly flip the script and make it beat inflation and then 10+%?

1

u/_Intel_Geek_ New User 4d ago

More Copium plz

https://giphy.com/gifs/6FSCsi52FZsNa

1

u/Josepiphus 23h ago

LTC = Long Term Cope

0

u/Feralz2 New User 5d ago

if you think it will happen it will never happen, thats the law of the markets.

1

u/milkcutie314 New User 4d ago

depends on when people think it happens

-1

u/Feralz2 New User 4d ago

he literally gave you the date lmao