BitCoin Ben – Predictions for LiteCoin (LTC) in 2018
I started watching BitCoin Ben (your friendly truck driver) on Facebook each day. He now does one daily video cast regarding BitCoin, LiteCoin, and all things crypto. Although he has done some videos from home, he lately does it from the cab of his truck while waiting on other to fill the truck with whatever it is he has to haul. He’s a very friendly and funny guy; but his language is not always family friendly.
He’s really been pushing LiteCoin the last few weeks. In this morning’s video, he says his “inside sources” tell him that LiteCoin will go to $350 to $450 by year end (about 20 days away), and that by April of 2018 it will be $3,600. In a previous video, he said that LiteCoin is going to do what BitCoin did in about 18 months. So this implies he thinks it LiteCoin maybe around $10,000 to $15,000 by mid-2019.
He and other, such as Charlie Lee, MIT graduate, former software architect at Coinbase, and creator of LiteCoin classify BitCoin as a store of money, and LiteCoin as a currency used to buy things. LiteCoin has faster transaction times than BitCoin. Charlie has provided a rough analogy, comparing BitCoin to gold, and LiteCoin to silver.
Based on his videos, I traded some my BitShares to LiteCoin today. I’m also in the process of setting up a BitCoin IRA account. I placed sell orders for my gold eagles and silver eagles today. Even though Clif High predicts silver will go up, I see BitCoin and LiteCoin are going up now, so now is the time to act.