Bitcoin SV Price Prediction (BSV) — When Will $100 Be Conquered?

  • Denis Grayson
    📚 WikiCoin

    Want to invest in Bitcoin SV? Check out the price forecast for 2019. Find out how soon BSV will reach $100 or will it drop under $40

Bitcoin SV Price Prediction (BSV) — When Will $100 Be Conquered?
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Bitcoin is the dominant cryptocurrency and trendsetter. The general market’s mood depends on its quotes. If it fevers — everyone fevers; if BTC is fine, all the altcoins feel good.

Although 2018 was unsuccessful for all cryptocurrencies, let's call this period a “steep peak”, 2019 has started well. Long bearish trends change to bullish rallies, and on February, Bitcoin "broke through" the mark of $4000. Then, on April 2, it climbed above $5000. Such consolidation also attracted other cryptocurrencies, one of which is Bitcoin SV. We will talk about the influence of “big brother”, technical analysis and other factors below.

BTC and BSV charts comparison

New BSV achievements

Today’s Bitcoin Core (BTC) has completely deviated from Satoshi Nakamoto’s course. Changing the protocol, hard forks and other updates don’t match the concept described in the original 2008 Whitepaper. Therefore, it was decided to create a new fork — Bitcoin Satoshi Vision (SV). The main purpose was a return to origins. This means the rollback of today's protocol to the original version, as well as the removal of all updates added by the developers.

The task of BSV is to become not just another fork of Bitcoin but a new global chain of monetary and corporate blocks. The management of BSV sees further development of the project in on-chain scaling. So, on March 30, a block of record size 128 Mb was mined. The reward for the 128MB block was also higher than usual — by 1.279 BSV. This proves that the more transactions the block contains, the higher the fees will be. This development will ensure the maintenance of interest in future mining, when the reward will be reduced twice.

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Jimmy Nguyen commented on the success of BSV with following words:

If you just believed in the original power of Bitcoin as opposed to trying to limit it, or be afraid of what it could do, you could achieve the biggest blockchain in the world that biggest businesses will want to work on.

In addition, overcoming the milestone of 128MB has destroyed the idea of instability and insecurity of large blocks. This implies the following:

  • The potential of Bitcoin SV already allows you to transfer large-scale data, opening up the opportunities that everyone expected from the original Bitcoin.

  • Management plans to conquer blocks of 512 MB and 1-2 GB in size later this year.

  • New boundaries of space will attract new developers and users who are able to fill it, which means that the ecosystem will go into intensive growth.

And BSV is actively working to create a space. Bottle BSV, BitPaste, Bitstagram,, and have all become an effective extension of the Bitcoin Satoshi Vision network.

Bitcoin SV all-time charts

BSV price forecast in 2019 — The real picture

After a frisky start in November and "rollercoaster" during the Christmas period, the BSV rate gradually dropped to $65, and its market capitalization to $1.1 billion. This situation was observed in the course of February and March but April changed everything.

What we have today is the price of $85 for one BSV, and market capitalization exceeding $1.5 billion. The picture’s main reason is a bullish rally of Bitcoin, which seized the entire cryptocurrency market.

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If there will be a rollback, then BTC price may fall to the level  $4,400-4,600. The reason for this may be highly overbought of Bitcoin. Such a scenario will also cause a drawdown of BVS, whose growth has already slowed down after April 2.

There is another opinion. If the BTC overcomes a price of $5,200 and is able to consolidate, this will mean a change in long-term trends, which will also have a positive effect on the price of BSV. Now the bullish trend will play into the hands of many projects, especially after 2018.

Bitcoin SV 1 month charts

BSV price prediction — Optimistic scenario

Moving up for BSV will continue with the bullish market trend. Positive developments are seen in the short and medium term. If the price of the BSV/USD pair is fixed at $82-84, a further jump to the level of $90-93 is possible. But a slowdown in growth indicates a return of bears to the market. With demand zones of $50, $40, $30, trading in the range from $80 to $92 for BSV will be a good result.

With a positive development of the next 7 days, we can expect the following indicators:

  • BSV, as it was said, will strengthen in the $83 mark area.

  • The upper limit is $88.

  • The lower limit is $65.

Otherwise, the success of altcoin depends on the success of the marketing company and Nguyen’s leadership skills, which actively spread the message of Bitcoin Satoshi Vision around the world.

Pessimistic scenario for BSV

In the coming days, there is a possibility of a rollback to the zone of $68-74 dollars. If these values ​​are broke, the fall may be protracted. In this case, BSV will go below $60. Alas, in the next 30 days, the scenario with a fall in course looks more realistic:

  • The average value is expected at around $65.

  • The upper limit is around $87.

  • The lower limit is $48.

If something extraordinary does not happen, global depreciation of an altcoin is not foreseen. A bull rally cannot last forever, so bears will get their share of the market.

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What will BSV price prediction be at the end of 2019?

Of course, Bitcoin SV is not the largest player in the cryptocurrency market and depends largely on the mood of the “big brother”. The same can be said about other altcoins. The influence of BTC is too great, the dominance of which is denoted by 50.8%. This indicator has decreased in comparison with the previous values, which indicates the interest of buyers in altcoins. If we take into account this data, the overall picture may develop as follows:

  1. The beginning of the uptrend is expected because the BSV/UDS pair is in a range bound.

  2. According to the majority of forecasts, by the end of 2019 Bitcoin SV, there will be enough potential to pass the $100 mark and presumably fix in the region of $120-130.

  3. The cryptocurrency news background is currently positive, the latest successful results in the mining of 128 MB block and the comprehensive development of the project give good results.

  4. If there is a price reduction, then in the short-term, the sellers will not be able to keep it below $80 per unit.

  5. Plans for mining of 512MB and 1GB blocks will attract even more public attention and the rapid expansion of the ecosystem.

There are those who give extremely negative forecasts. Based on their data, the price of BSV by the end of 2019 will be below the mark of $40. While such a development is unlikely, it still could happen.

BSV up trend prediction


2019 promises to be a year of positive change for cryptocurrencies and Bitcoin SV in particular. The prolonged bearish trend, which lasted more than 12 months, seems to give way to another. Doubtful players left the market in which only the persistent remained so that the cryptocurrency community became more stress-resistant. Governments are trying to find points of contact with cryptocurrencies, and not to chop it from the shoulder, as before. It seems that everyone is gradually getting used to the rules of the “new world”.

As for BSV, after a long period of stagnation, the altcoin took off from the mark of $65 to the mark of $80, where it needed to hold on. The next direction only moves upwards. If Nguyen and co succeed in moving along the intended road map, Satoshi Vision should have no problems.

The price of BSV is trading at $82.48 at the time of writing.

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Is Litecoin a Good Investment in 2019? Is It Safe to Invest in LTC?

Is Litecoin a Good Investment in 2019? Is It Safe to Invest in LTC?
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Each cryptocurrency has its own positive features and unique peculiarities that allow it to develop and grow steadily. Among all representatives of the market, Litecoin stands alone. The project successfully combines the fundamental factors by which it can claim continued growth in the capitalization rating.

The forecast for 2019 clearly indicates that its most important distinctive details will surely help it move forward, imposing serious competition to the rest of altcoins.

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Features and principles of functioning

Appeared in 2011, the project immediately attracted the attention of users. Its creator, Charlie Lee, has focused on protecting his own cryptocurrency from possible future problems. So, unlike its older brother Bitcoin, Litecoin was initially ready for scalability. LTC cryptocurrency is in permanent operation due to a large number of copies of the program, whose source code was published a week before the start of the plan. The client guarantees security, and its new version has SegWit support.

Litecoin is endowed with a whole list of features.

  • Chain of blocks. This allows you to process a much higher volume of transactions compared to its “big brother”, Bitcoin. It is achieved by increasing the frequency of generation of new blocks, which gives a chance to maintain a larger volume of ongoing operations without modification and, if necessary, change it in the future.

  • Wallet encryption. Encryption allows you to protect yourself from fraudsters. Thanks to this feature, you have to enter a password every time a cryptocurrency is spent. The user also has the ability to view the transactions and account balance. Encryption protects against various viruses that can steal a wallet password and coins.

  • Reward. At the moment, miners get 25 coins for each confirmed block. Following statistics, the number of coins is halved every 4 years.

  • Mining. The mining algorithm of Litecoin is similar to the algorithm of the most famous cryptocurrency, Bitcoin. The main difference lies in the intensive exploitation of RAM during the mining of LTC. Therefore, it is advisable to use ordinary computers with GPU instead of machines with a powerful specialized CPU, for which development becomes quite problematic. The maximum supply of coins is 84 million, and this is almost four times the corresponding number of Bitcoin.

It can also be noted that Litecoin is written in the C ++ programming language. Among the supported operating systems are Windows, Mac OS X and Linux, and many others.

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Relationship to Bitcoin

Despite the strikingly close relationship with Bitcoin, which must be taken into account when analyzing the feasibility of investing in Litecoin for 2019, it is worth noting that the distinctive features of cryptocurrency should be its main development. At the same time, the most important unique features are:

  • More organized, centralized money management

  • High transaction speed

  • Low commission for transactions

  • Ease of making transfers

Charlie Lee stressed that it is Litecoin who is obliged to take the place of the currency that the majority of users will use. At the same time, the existing simplicity, speed and availability of transactions should contribute to the achievement of this goal. In this case, the prospects for the growth of crypto-finance will impress even the most optimistic people.

Differences from Bitcoin

Although the Bitcoin code is at the heart of Litecoin, there are still differences, and in some cases significant. One can distinguish the main ones:

  • More efficient use of a computer’s central processor (CPU) than a video card (GPU), which is fundamentally different from the main cryptocurrency.

  • Due to the increased block generation rate, the transaction is rather short-term and takes no more than 150 seconds.

  • The opportunity of mining in wallet in the SOLO mode or a pool.

  • Mining complexity is recalculated much faster than of Bitcoin’s one.

  • The emission is four times the BTC emission and makes up 84 million coins.

Similarities with Bitcoin

On the other hand, there are also some similar features with the main cryptocurrency:

  • Mining is performed in the same way, albeit using different functions.

  • There is no external control due to the decentralized type of network.

  • Both cryptocurrencies have a limited supply of coins.

  • The anonymity of both wallet owners and miners. Complete freedom of disposal of funds on the wallet.

  • A transaction cannot be undone.

Thus, it can be said that differences from Bitcoin make Litecoin a distinctive digital currency capable of expressing itself in the future.

What about disadvantages?

However, negative factors also exist:

  • With the creation of ASIC-miners, it is more difficult for ordinary users to mine cryptocurrency, and power is concentrated in the hands of large companies.

  • The failure of the LitePay service dealt a serious blow to the popularity of the virtual coin. The developers planned to create a system that had different integration with Visa. Despite the active work and the investment of a large amount, the project was not able to start. In the company, no one could explain what the money was spent. The scandal undermined the credibility of the digital coin.

  • Interdictions at the level of state authorities. Many states cannot decide on the status of digital money. Laws are either not released or are in development process. Only a small number of countries have completely legalized cryptocurrencies.

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How to invest in Litecoin

The easiest answer is to do it through exchanges.

Most investors and traders purchase Litecoin for US dollars or BTC (Bitcoin). Since different trading platforms have different trading or purchasing power, be sure to check whether your exchange supports transactions in US dollars or BTC for LTC.

LTC logo
‘Litecoin with man using a tablet computer‘ Image by 123rf

As a rule, the best option is to use a large trading platform, such as Binance (where you can exchange BTC for LTC) or Coinbase (to use a credit or debit card in US dollars).

However, since the cryptocurrency market is a large and, moreover, unregulated industry, it should not be viewed as the same type of investment opportunity as shares of stocks, bonds, or other securities. In fact, traders and investors should consider lots of factors when investing (especially given the volatility of digital assets in recent months).

Ways to earn Litecoin

Besides investing, there also other options to get LTC:

  • Mining. Litecoin is still in its heyday, as was once Bitcoin. With the help of the computing power of a personal computer, it is still possible to actually generate new coins.

  • Cloud mining. The client rents the computing power that Litecoin uses to generate the coins. However, this is a controversial decision. After all, this practice means that landlords of personal computers get more profit than the mining of Litecoin itself.

  • Litecoin cranes. Cranes are advertising sites where a user must enter a captcha and receive a small amount. It is difficult to call it a serious earning as for the whole day you can get only a couple of dollars at best.

Comparing all options, we can say that active mining remains the main method of obtaining LTC.

Technical analysis features for 2019

Since the bottom of Litecoin marked by Charlie Lee has already been passed, you can pay attention to the prospects for further development of the project. As of April 17, 2019, the cryptocurrency chart looks the following way:

 Litecoin chart
Image by Tradingview

It is important to pay attention to the level of $80 – it can be considered as an important support zone, consolidating at which can open the way to growth. Given the damage caused by the protracted fall, it is crucial to clarify that before the beginning of the active growth phase Litecoin should (just like other representatives of the cryptocurrency market), go through the recovery stage. As a rule, it is expressed in a prolonged neutral-positive movement.

The first half of 2019, in the wake of the shocks experienced by market participants, may become a consolidation period. The transition to the bullish movement can be supported by plans of entering the industry of Bitcoin ETF, the opening of the Bakkt platform and a number of other events that can attract serious investment flows.

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Selling coins for the community’s benefit

Charlie Lee, the creator of Litecoin, sold all his LTC to avoid accusations about the impact on the rate of the coin. This action was intended to make Litecoin an even more decentralized currency. And, despite the fact that after the sale of coins, the Litecoin exchange rate fell, in the long term, such a decision by the creator of cryptocurrency can bring him multiple benefits.

“For a currency to really be … a worldwide decentralized currency, you can’t have … a real leader who’s trying to control things, so to make it more decentralized, eventually I would step away,” said Charlie Lee.

Litecoin showed its record maximum at the moment in December 2017, when one coin cost $374. After its creator sold all of its assets, the price of the altcoin plummeted, and Lee was subjected to unflattering criticism from users. Many experts also called this move frankly unsuccessful. However, such an ambiguous act can really become the basis for creating the most decentralized digital currency.

In any case, this suggests that Litecoin has a strong developer, strategist, and leader who has a clear motivation and strategy for action. Charlie Lee is engaged in the development of his project, regardless of the value of the currency, and it definitely has a good effect on loyalty to its product from users.

Litecoin forecast for 2019: What analysts say

In the first six weeks of 2019, LTC’s rate went up to a new high, where it is currently trading at around $79.

From August 8, the miners' remuneration will fall from 25 to 12.5 LTC. The reduction in mining income will lead to a weakening of interest in mining of the cryptocurrency. In this situation, the fall in the supply of coins is expected to be approximately double.

According to analysts, the rate of LTC will rise approximately until the beginning of August, when the project will reduce the reward for the mining of coins. At the moment, the cryptocurrency is in 6th place in the rating of the largest digital assets – its rate exceeds $75 with a market capitalization slightly above $ 4.8 billion.

Tom Lee, CEO of Fundstrat Global, is confident that by the end of the year, the rate of the coin may grow by 640%.

Forbes logo
‘Forbes website homepage‘ Image by 123rf

Forbes analyst Billy Bambro said that the 6th largest market capitalization of Litecoin cryptocurrency (LTC) will be ahead of XRP by the end of the year and will take 3rd place.

Although cryptocurrency prices are still far from its previous highs, LTC has managed to double its rate since the beginning of 2019.

Bambro believes LTC pricing is a response to the active efforts of the Litecoin Foundation and developers to improve coin security and privacy, in addition to choosing several well-known partners.

The eToro analyst team, led by Mati Greenspan, conducted a serious study of Litecoin. According to its report, the current cost of LTC is significantly underestimated.

The experts note that Litecoin has good network scalability compared to Bitcoin, fast and low-cost transactions and ongoing technological improvements by the Charlie Lee team: atomic swap, Lightning Network, SegWit.

Thus, when making an analytical forecast for Litecoin for 2019, experts take into account all the factors that contribute and increase the popularity of a crypto asset in the future, and also expand its attractiveness in the eyes of investors and the public.

These include:

  • Litecoin functionality → recognition of real practical use

  • Litecoin's technical superiority → faster transaction speed, lower cost, and easy scalability using Segwit and Lightning Network technologies

  • Litecoin decentralization and representativeness → high user confidence and excellent online rating

Among the factors that led to the growth of Litecoin are Microsoft’s plans to create a platform for decentralized processing and storage of digital identification data based on blockchain technology. And Litecoin has become one of those ecosystems that the company considers potentially suitable as the basis of this large-scale project.

These and other advantages of the Litecoin network find a positive response in Litecoin’s forecasts for 2019, and analysts predict a permanent increase in the price of  the cryptocurrency in the May-July period.

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So, what is the decision?

Over the years, Litecoin consistently follows Bitcoin, keeping a little distance from it. The stability of the project is complemented by an important advantage – the coin appeared much earlier than other coins in the capitalization rating. The presence of history allows you to create a “safety cushion” in the form of trust, which is still rare on the cryptocurrency market. Accordingly, Litecoin may well be considered as a good option for investment.

All in all, Litecoin is worth investing in. The top management of the project is actively working on improvements that allow maintaining high positions of “digital silver” in the capitalization rating. In addition, it is likely that in the near future the bear market will completely end, passing the green light to the bulls. This makes investing in the cryptocurrency promising.

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