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Litecoin is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Litecoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Litecoin Core is the name of open source software which enables the use of this currency... Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.Litecoin was launched in 28/04/2013. It uses the Proof of work method of consensus, and is based on the Scrypt algorithm. Litecoin's goals include Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, free to hold. Litecoin aims to set itself apart from other cryptocurrencies due to The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.

It's impossible to predict for sure if Litecoin is due for a crash or is headed to the moon, but this is what we do know:

- In the past 7 days Litecoin has risen by 9.64%
- In the past month it has lost -2.6889067821025%
- In total it has appreciated by $49.7391075385 since its inception, a change of 1,256.77%

In order for Litecoin to reach $100.00 it needs to increase in price by a factor of 1.85x. Given its present growth rate of -2.69% per month, it could take just 3.0 months to hit a price target of $100 USD#### What is the probability of hitting $100.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $100 | Chance final price < $100 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

In order for Litecoin to reach $200.00 it needs to increase in price by a factor of 3.70x. Given its present growth rate of -2.69% per month, it could take just 6.4 months to hit a price target of $200 USD#### What is the probability of hitting $200.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $200 | Chance final price < $200 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

In order for Litecoin to reach $300.00 it needs to increase in price by a factor of 5.55x. Given its present growth rate of -2.69% per month, it could take just 8.4 months to hit a price target of $300 USD#### What is the probability of hitting $300.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $300 | Chance final price < $300 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

In order for Litecoin to reach $400.00 it needs to increase in price by a factor of 7.40x. Given its present growth rate of -2.69% per month, it could take just 9.8 months to hit a price target of $400 USD#### What is the probability of hitting $400.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $400 | Chance final price < $400 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

In order for Litecoin to reach $500.00 it needs to increase in price by a factor of 9.25x. Given its present growth rate of -2.69% per month, it could take just 10.9 months to hit a price target of $500 USD#### What is the probability of hitting $500.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $500 | Chance final price < $500 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

In order for Litecoin to reach $600.00 it needs to increase in price by a factor of 11.10x. Given its present growth rate of -2.69% per month, it could take just 11.8 months to hit a price target of $600 USD#### What is the probability of hitting $600.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $600 | Chance final price < $600 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

In order for Litecoin to reach $700.00 it needs to increase in price by a factor of 12.95x. Given its present growth rate of -2.69% per month, it could take just 1.0 years to hit a price target of $700 USD#### What is the probability of hitting $700.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $700 | Chance final price < $700 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

In order for Litecoin to reach $800.00 it needs to increase in price by a factor of 14.80x. Given its present growth rate of -2.69% per month, it could take just 1.1 years to hit a price target of $800 USD#### What is the probability of hitting $800.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $800 | Chance final price < $800 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

In order for Litecoin to reach $900.00 it needs to increase in price by a factor of 16.65x. Given its present growth rate of -2.69% per month, it could take just 1.1 years to hit a price target of $900 USD#### What is the probability of hitting $900.00 over time?

These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Time period | Chance final price > $900 | Chance final price < $900 |
---|---|---|

1 week | 0% | 100% |

1 month | 0% | 100% |

3 months | 0% | 100% |

6 months | 0% | 100% |

1 year | 0% | 100% |

2 years | 0% | 100% |

3 years | 0% | 100% |

4 years | 0% | 100% |

5 years | 0% | 100% |

No, it is not a 'good investment' to buy Litecoin, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading Litecoin as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of LTC - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, **your capital is at risk.**. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

There are 14 developers coding the source behind Litecoin There are no sales or marketing staff on the team which could impede the coin's growth.

Litecoin doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team for Litecoin is lead by Charlie Lee,

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on Litecoin's development

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