Bitcoin Forum

Bitcoin is considered the king of cryptocurrencies and Litecoin has been a bit downgraded this days. However, I would prefer Litecoin over Bitcoin because of the following reasons:

LTC is more cheaper and faster these days.
Is easier to mine.
It has introduced Segwit and other advanced technologies before BTC did.

Is not that reluctant to media noise as BTC is.
Is more (relatively) stabile than BTC.

Did I miss anything? Are these points argumentative? What would you add as your favorite LTC feature? Looking for an interactive discussion!
 

There are some good points that I can accept. Especially transaction speed. Anyways litecoin is too controlled comparing to bitcoin. I really dislike coins like that. I want fully decentralization in my coin choice.

You are indeed right,Litecoin is the most stable coin as what i have noticed for about 1.5years it has much faster tx confirmation than bitcoin and ethereum that gives it less tx fees than the two i have mentioned.But why did the founder opposing its dominance?Charlie Lee has announced that he already donated his shares to charity,is that a marketing strategy or there is something wrong with its development,for me this is a safe haven when bitcoin's movement is unpredictable.

Many coins support segwit, many coin are already faster than litecoin. Actually all of those things you mentioned are already being done or handled in a better way than LTC does them.

Compare ltc to some other coins instead of btc, and you'll see ltc is nothing special.

^ Yup that seems to be the honest answer.  Thanks for being so honest man.  A fresh of breath air is what's needed around these parts, especially here in the alt section where mostly crap is posted.

Thanks for not making another sh*t thread.  Lol.

Anyway, I also appreciate BTC more than LTC. BTC is a monument in the crypto, which has been widely agreed. I like to hold BTC more than LTC.

Indeed LTC is a quick supplement of BTC, I've too used LTC quite often to transfer assets between wallets.
But I don't think LTC and BTC are investment coins with profit in mind.

ltc is faster than btc but the recent selling of its creator charlie lee initiate the dip for it's price. in investor point of view it's not that good but for payment's point of view it's better than btc

It is technically a nice coin and it does have a place in the panorama, however I need trading pairs to work with so I like using lite as a vehicle, but I have to go BTC otr ETH to buy others.

Litecoin is much faster and cheaper to make transactions with compared to Bitcoin. Well, that is because btc's blocks are full and it's price is higher compared to ltc but if it's the other way around, ltc will also have the same issue as btc in terms of duration of transaction and higher fees.

In some point LTC is really much better than BTC, it's true that ltc is much faster than bitcoin in terms of transaction and the fact that it has introduced segwit is a big thing but i think there are lot of other coin that segwit is implemented like digibyte and vertcoin, it's true that there is a lot of alts out there that if you check closely they are better than bitcoin but there are 2 things that makes btc special the first 1 is it is decentralized and the other is it is the only genuine crypto unlike other cryptocurrency that is created through innovations.

That is why many of us has invested in bitcoin and litecoin with the aims of making profit and not using them as money. Bitcoin and blickchain technology was mostly discovered to replace the financial systems we have now in future. I believe a lot need to be done in other to educate people about bitcoin and litecoin and to tell them that if you really want to make good profits from your investment in future you have to invest in tokens which was purposely made for that.

I certainly agree that Litcoin (LTC) is quite faster than Bitcoin (BTC) in just a matter of minutes when these 2 cryptos are compared. Litecoin really has the edge over bitcoin which attracts traders or merchants.
But in a greater picture, these gold and silver in the cryptoworld has its own advantages and disadvantages respectively.

The main reason I choose litecoin is a faster block-processing rate.

The litecoin network processes blocks at a much faster rate than bitcoin. Litecoin processes one block every 2.5 minutes, compared to bitcoin, which processes one block every 10 minutes. This fourfold improvement allows litecoin to handle more capacity than bitcoin networks, and also processes those transactions more quickly.

You should allocate your investment. Buy bitcoin as the main coin and a little bit LTC for the future.

as much as i like Litecoin and its developing team but it has nothing over bitcoin. it has always been the "copy" and it will always remain the "copy"!


all of these mean that litecoin is less used than bitcoin. less usage means less tx per block so less competition and lees fees. it also helps with activation of any forks such as SegWit and is easier to mine because it has less hashrate.

i disagree about price stability though. LTC may seem stable at times but it just means pumpers are active elsewhere nothing more.

LTC community is more powerfull then bitcoin community. They are working like a charm and litecoin is the best coin to use in transactions.
Price is more stable then any other coin i support ltc rather then btc too

I do not think that Litecoin is better than Bitcoin, but maybe a project and has fairly fast transactions, but also bitcoin will soon have lightning transactions too, of course after the bitcoin team can integrate lightning into the network

I also include investing in this Ltc, because, according to my observations, the future of this coin can grow and rise at a reliable price for investment, my confidence increases when the coin is always stable, its movement is slow but always stable, hopefully what I expect this is true and the future can make my profit in investing

I also like LTC because it is fast and its fee is cheap. I feel LTC will follow ETH and BTC. hopefully faster

but every feature was in a separate coin where LTC holds it all in one hand, on the other hand, it has experienced and efficient team and great roadmap and has been in crypto for a longer period .. so the advantage goes to litecoin obviously

You miss anything about segwit. Segwit scalability solution already published by blockstream before litecoin was implementing and it's just like a testnet for bitcoin. I remember that about litecoin implemented segwit and a lot of people had seen about what was the result of segwit protocol in litecoin itself.
What's your thought about Charlie sold all of his stashes?

For mining purposes, LTC is more profitable. The community of it works very well. But I always suggest both of them.

Litecoin have a great developer with a real product the price are continue to shine in the market and the one thing that I like to litecoin is the populality are continue to spread all over the world thats the reason why I prefer litecoin over bitcoin.

I do not look good LTC, because the founder of LTC has sold all his token, and sold in high price, it's hard to not let a person feel he had not manipulation market, and LTC compared to other altcoin no advantage.

All that is very nice and convenient, now, you have coins that are cheaper to transfer and have a perfectly efficient network and at the end of the day, you will buy other things with BTC or ETH mostly.

Bitcoin is controlled by the open source of cytographic and cannot be overseen by the authorities while Altcoin is an alternate  peer to peer currency that based on bitcoin and has a faster block rate . This means that there are faster confirmation in LTC than BTC that's why I prefer LTC. But both coins are crytocurrencies generating by mining.

indee i have noticed the charts and i have always see that LTC has the biggest ups when he market recovers but i personally still see that bitcoin has and still making a lot rich

I agree with some of your raised points. I think, however, that the main thing here is the discrepancy and difference in price point. Bitcoin is situated in the highest tier in terms of price point and LTC, on the other hand, is on the lower tiers. Therefore, for beginner traders or investors, it would be easier to eye on LTC than BTC because of that. You can get more asset by shedding a smaller capital as compared with Bitcoin when even if you would use big sums of money, you would only get a few, thus making your venture in danger of early stoppage, especially in the moment of a loss.

n particular it is your right, want to like any coin. every coin that exists and develops it has its own capacity, it can not be forced on the transaction, because it all depends on the changes that occur in the market, every coin sometimes up sometimes down the most important you are more clever and wise in choosing it, because it is part of the strategy benefit from the world of cryptocurrency. I think Bitcoin comparison with the other coins, automatically need patience in the long term if you want to get the benefits, different from other cheaper but the transaction and marketing faster. but the results remain different from bitcoin.

Also I will add 2 more points of advantages:
1) HIGHER LIMIT
The lifetime limit is very different. BTC has 21 million, while the LTC limit is 84 million, four times that.
2) EXPANDABILITY
Litecoin better adapts to changes and improvements, when compared with Bitcoin. Thanks to the roadmap, we know about working on the "Lightning Network", with which the scalability of its transactions will increase.

All options are entirely up to you, the LTC price is cheaper compared to bitcoin, this is good because LTC also has the stable value. wish you success with LTC.

I don't think these are the not enough reasons for me to choose litecoin over bitcoin because hifger the value then higher the benefits so I will pick bitcoin and if you choose litecoin for mining then it is a good choice so you can get more rewards.Segwit also introduced in bitcoin and the transaction fee is very cheaper now so we can transfer bitcoins too very quickly.

You are right if there are only have 2 option, Bitcoin and LTC, because Bitcoin fees is too high, but if you put more altcoin as option, then LTC not the best, I'll choose other promising altcoin with lower fees and other feature ...

I haven't invested in BTC, but LTC is really a good coin. I bought some for long term

I prefer litecoin because is more cheap and fast, is more accessible, is not that much affected by the media noise as Bitcoin, is more technologically advanced it incorporated Segwit much earlier than bitcoin. And because is more stabile.

I prefer BTC, because it's high price, easy trade, but, one thing i hate it,  price is not stable as LTC.

LTC is very attractive for many investors. LTC is constantly rising, but Bitcoin is a little stagnant. I choose Bitcoin despite everything.

Been researching well about LITECOIN before until now and I know that ltc has a future. Also thinking of investing into it. Not all people discover the full potential of this coin but still have enormous amount of possibilities.

I prefer Litecoin.

More and more coins that are newly appearing on the market can already brag with their supreme technologies that are attracting investors which are seeing a big potential in them. LTC is introducing new technology before BTC but the demand is not so high. Bitcoin made a standard that had marked the future of the cryptocurrencies and although it is slowly advancing the demand is high and it is getting higher every day.

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We can already put LTC into the old blockchain system no matter if it advanced because of the new coins with the different aspects of possibilities. In comparison to the Bitcoin LTC can hide because it cannot achieve what decentralized Bitcoin has. Pumped controlled LTC is also repulsive because of the outside attempts to make it more controlled.

Maybe you are telling the truth, But in my view, Litecoin Is a good crypto coin and it has a Very high potential, That's why Litecoin is the 3rd coin according to coinmarketcap. It is cheaper than BTC and eth and transactions fee is low and very fast.That's why i like LTC, But I don't think that LTC will overcome BTC. If you look at the present market then the fact is, Bitcoin is the base of all cryptocurrencies. If I make a list of top 3 coins, then my list will follow coinmartketcap's top 3! 

Your reasons are actually acceptable for me. Because if you are an average earning person, you don't wanna go for that $10,000 USD to buy a single bitcoin. It is a wiser move to buy LTC and do a long-term hold for the future.

I completely agree with you. I would also like to add that LTC has a product, but what about the BTC? There is nothing in the BTC, only the funds injected into it. I think sooner or later the BTC waits for a complete fiasco, after which the sharp dropout of unnecessary crypto coins, and the stabilization of the market, on which each coin will be reinforced, is buoyed!

I do not really understand the technical nature of coins, but I also prefer Litecoin to Bitcoin because it is more volatile

Litecoin is ahead of Bitcoin in a number of characteristics, regarding transaction speed and ease of use. Moreover it is receiving more and more popularity

Yes, the pluses of the alt are much larger and this concerns not only the LTC. Bitcoin should be recognized is not the same as before, and fewer people want to invest in it with its imperfections and slow transactions.

I agree with you. but not all do the same with you. in essence each person has different assessment and analysis. I am more interested in ethereum than litecoin. in technology and eth transactions costs are superior to litecoins. in terms of the future, eth more have it than litecoin.

Litecoin is more cheap and fast.
Because is more accessible.
Becauseis not that much affected by the media noise as BTC is.
Because is more technologically advanced (it incorporated Segwit much earlier than BTC) did.
Because is more stabile.

Litecoin has a potential to grow big it's just need time to more adoption as this has been in the shadow of bitcoin and ethereum. The developer need more promotions so it will catch attention to people to invest and patronize this coin. This will be a big advantage if you invest in this now and wait until 2 years to get that profits that's gonna be a big difference. 

for me i prefer to buy bitcoin instead of Ltc 'cause bitcoin always rise after the dip that's why i don't  trust LTC because i have doubts  also on it which is maybe it will  never go further 'cause we all know that when the price of bitcoin is increasing all alt is become red, so for me bitcoin is the good choice to buy instead of ltc even though it's more cheaper than bitcoin.

LTC has good advantages than BTC. But , btc as always manage by all altcoins. I prefer always BTC.

After a nearly a collapse of BTC, I can no longer be fully confident in it and instead I switched to a few alts, including Litecoin

I also like LTC because the speed of transaction is very fast but it costs quite a bit. I hope there will be more exchanges going for LTC / atlcoin trade.

Well, you don't have to judge directly coin LTC an trust worthy over BTC because you don't know what's behind in this coin. As you can see in a coinmarketcap they belongs to top 5 as one of the nicest coin in cryptocurrency today. In fact they have good points that I can accept, transaction speed is amazingly compared to other. Litecoin is too controlled comparing to bitcoin.

So now that you think LTC is transfers faster, why don't you try to use NEO?
I am more optimistic about NEO because the transfer speed of NEO is faster and the transfer fee is 0. ,

yup! i think so too. Neo will become a perfect coin

I do not understand why BTC is still on the first place, because there are a lot of altcoins that exceed the characteristics of Bitcoin at times. Litecoin is one of the first in my portfolio

And also cheaper. ;D

I'm glad I'm seeing more and more people overseeing BTC hype! LTC has a lot to offer and is a good alternative or even substitute.

of course, things are cheap very easily obtained because many who can afford it. Why are bitcoin expensive? because certainly have the quality and not just price alone. Maybe you should understand the coins from the development, system and its analysis, not viewed from the value only.