Litecoin, in recent weeks, has been the cause of some speculation.A price drop in the litecoin world was experienced that saw the currency hovering at around $1.20 and then $1.80.Now, there has been a bit of a surge in the litecoin price that suggests that a $2 price in the near future may not be out of bounds.As digital currency enthusiasts, I suppose we must all be grateful for every little step forward.Yet in July of last year, litecoin held a price of around $7.Following a drop in bitcoin price that naturally also affected fellow altcoins (litecoin amongst them), the litecoin price was eventually able to rebound to about $5.This certainly wasn’t much, especially for the time, but what we have to understand and consider is that litecoin is still fairly young, about two to three years younger than bitcoin, and if bitcoin can encounter problems and fluctuations, then we are required to grant the same flexible ground to litecoin.The future is always a dark path, as it’s so unpredictable.

Look at this chart for example, which suggests that a $400 litecoin price is possible in the near future… Maybe it is.At the current rate, my better judgment says otherwise, especially considering the chart’s suggestion that the price might be reached in 2014, and we’re now in 2015, but hey!Maybe the chart was just early in its proposals, and more time is needed.The bitcointalk forum isn’t able to provide too many clear answers, as the verdict is split relatively down the middle.Some have faith in litecoin and some do not, so I ask you all… What are your predictions for the litecoin price in the near future?Will it gradually rise, or always remain low?Post your thoughts and ideas.Odds Shark Top Sportsbooks1 Review2 Review3 Review BitcoinBitcoin4 Review BitcoinBitcoinSee All Sportsbook ReviewsYou are hereHomeLitecoin Price Rockets To 3-Year High Litecoin Price Rockets To 3-Year High OddsShark Staff | Wed, Apr 26 2017, 1:17pmRedditCommentsMay 8, 2017, 16:56 in Reviews Litecoin (often dubbed Bitcoin’s silver) has seen a significant price spike these past few weeks.

Due to Segwit locking in and the Coinbase listing, it has experienced a price increase of over 300 percent, peaking at US$30 at the time of writing.It seems that litecoin is well underway to surpass 30 USD, but it is hard to tell whether it will maintain this upward trend in the long run.Six Chinese Litecoin investors had a discussion about what’s next for Litecoin on this year’s Labor Day.To protect their privacy, all names used in the story are fake.Stone: Guys, Litecoin is on fire!Lee: Crazy Litecoin, only rise and no fall.LOL: The last spike before slump .Sweetie: Stone: Seriously, I bet Litecoin price will ultimately break 18,000 CNY.LOL: And by ultimately, do you mean the next century?Stone: Come on, guys!Lee: Litecoin price reached over 100 yuan, quadrupled in a month!How much did u earn?Yang: This is just small money.Let’s wait and see its price break 2000 yuan.Wang: This indicates that if Segwit were activated on Bitcoin, btc price will skyrocket.LOL: I am expecting a waterfall plunge tomorrow.

Yang: Don’t be such a spoiler.Stone: You are just jealous; coz u didn’t buy Litecoins at a lower price.LOL: Those whom god wishes to destroy, he first makes mad.Sweetie: Big waves, possible flooding on the way.LOL: b4 ltc fell from 380 to 6.I’m telling you history will repeat itself.Lee: If so, it will rise to 380 again and fall to 38, and I will sell them at 360 and buy more at 38.dao bitcoin mien phiSweetie: Yeah, coz life is just that nice!bitcoin kaufen berlinYang: 380 is a must-be.ethereum os downloadStone: Yang, did you buy ltc?ethereum pc walletWho doesn’t want to earn money?bitcoin mining with i7

Stone: Last week you told me you were going to buy BTC, so I followed you and bought btc.Now I just wanna cry.No need to worry.You will gain profit from both.Remember, we bought ltc at the price of 20, even if its price dropped to 20, we’ve got nothing to lose.Stone: If you stopped investing now, you will hate yourself later.valore bitcoin 2011Lee: ETH rises from 40 to 560, this could also happen to ltc.bitcoin wallets countWang: Chances are ltc will take this chance and surpass btc.bitcoin bezahlen hamburgLOL: I don’t wanna be a bitch, but surpassing BTC?tips trik bitcoinI am absolutely speechless.Yang: Just bear this in your mind Litecoin does not have the same issues Bitcoin has and it is likely to rise at least ten times.

LOL: But btc is highly concentrated and litecoin is too scattered.Sweetie: BTC=liquidity; ZEC=anonymity; ETC, ETH=smart contract.Yang: Litecoin=SW Wang: Doge is truly scattered, but Litecoin has become very concentrated since the implementation of Scrypt.Yang: When SW be activated on ltc, smart contract could be achieved with RSK.And with LN, it will enable faster confirmation and lower transaction fees, almost zero fees.Sadly, some mining pool is deliberately blocking all these from happening.Stone: I hope SW will not be activated on btc, otherwise, ltc will never stand a chance to surpass btc.Wang: Well, that’s true.Many still look at Litecoin as a Bitcoin testbed.Yang: But the fact is that Bitcoin keeps meeting opposition from miners.And I don’t think it will get Segwit activated soon.Anyway, let market take its course.I can only wish both Bitcoin and Litecoin have a slow bull market this year.In the next few days, the Litecoin halving will happen.About 3 days and 16  hours according to Litecoin Block Reward.

Litecoin and bitcoin as you probably know are quite similar from a technical perspective.Because they are so similar, it is possible the impacts of the halving might be similar from Litecoin to bitcoin.But what impact will the halvening have on bitcoin?Bitcoin’s past may be able to help us learn about the future.From the point bitcoin was worth 1,200 dollars a coin to now, the price of bitcoin has been generally bearish, or in other words, has lowered.Well one reason is the process in which new bitcoins are created, mining.When new coins are mined, they are added to the the market.To maintain the same price per coin, more money has to be added to the system.So when bitcoin was worth a thousand dollars a coin, every 10 minutes twenty-five new coins would be mined,  and 25,000 dollars needed to be added to the system to maintain the $1,000 price.But, 25 bitcoins won’t always be the amount of new bitcoins created per block.On July 27, 2016 at 12:30:03 UTC , a halving event will occur, meaning that 12.5 bitcoins will be created per block.