4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

Why litecoin will eventually reach 500$

Okay so you probably think this is crazy but litecoin definitely has the potential to hit 500,letsdosomemath.Okaysothemax#ofbitcoinis22m,andthemaxoflitecoinis84m.84m/22misroughly4.andbitcoinspricerightnowis2600, lets do some math. Okay so the max # of bitcoin is 22m, and the max of litecoin is 84m. 84m / 22m is roughly 4. and bitcoins price right now is 2600 so 2600/4=themagicnumberof650/ 4 = the magic number of 650. so litecoin definitely has the potential to reach 650withtherighttechanddevelopment.iseelitecoinhitting500with the right tech and development. i see litecoin hitting 500 in about 2 years. Which leads me to this, if you want to invest long term into litecoin buy it when it goes back down (it will in a few days) bda582494e552fa50aefc6aa633f328b.png

The reason is is that this isnt a heathy chart it isnt rising gradually it is just a huge spike and will go back down in a couple of days if not tommorow. I hope this helps some of you crypto enthusiasts.

7 upvotes $0.00

Replies (1)

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: