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Author Topic: Bitcoin vs Dogecoin vs Litecoin vs Peercoin  (Read 5550 times)
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June 10, 2015, 10:12:38 AM
 #21

So, in considering precious metals and cryptocurrency analogies, if Litecoin is the silver to Bitcoin's gold, then what is copper?


Copper is in all these different electronics, et cetera. Which altcoin gets to claim to be copper? That's my question.

Who hows what is the copper in this list. Maybe NXT or DASH or PAYCOIN or any other altcoin or something. Considering that most of new coin are pre mined look in 2 year back and find something that is for third place. If we take this list for example then is something completely different in coin list for third place.

http://www.cryptocoincharts.info/coins/info



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June 10, 2015, 10:30:27 AM
 #22

What is the difference between bitcoin, dogecoin, litecoin and peercoin?

You only need to know is that bitcoin is the only coin may success.
And the others are just shit.
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June 10, 2015, 11:37:52 AM
 #23

So, in considering precious metals and cryptocurrency analogies, if Litecoin is the silver to Bitcoin's gold, then what is copper?


Copper is in all these different electronics, et cetera. Which altcoin gets to claim to be copper? That's my question.

Who hows what is the copper in this list. Maybe NXT or DASH or PAYCOIN or any other altcoin or something. Considering that most of new coin are pre mined look in 2 year back and find something that is for third place. If we take this list for example then is something completely different in coin list for third place.

http://www.cryptocoincharts.info/coins/info

Paycoin won't be used it will be continued to be dumped because it was designed to scam people..

You only need to know is that bitcoin is the only coin may success.
And the others are just shit.

not all altcoins are shit, some have potential to be successful.
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June 10, 2015, 12:46:43 PM
 #24

Bitcoin, Dogecoin and Peercoin all use SHA-256 Cryptography
Litecoin uses Scrypt.

They all differ in price, total coin amount and transaction time.

Doge actually uses scrypt, and I don't really know how peercoin works but they claimed that they are hybrid.

bitcoin = first cryptocurrency
litecoin = first scryptcoin and altcoin
doge = based on a joke
peercoin = ?

You cant describe  Dogecoin as a based on a joke. is a coin as all other. Yes there is a myth that only gives him good that is a joke coin.
i agree, although it is a correct fact about Dogecoin, it is not the first thing you say about it.
it is another altcoin like others with a huge and cool community of people using it.
and specially with the recent price jump, it made a lot of people happy.

Consider that every alt coin relies on bitcoins value.

~~
not necessarily true IMO.
i think the ones that are being traded with both fiat and BTC are affected by bitcoin's price, and the rest have their own price swings going on.

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June 11, 2015, 05:39:56 AM
 #25

What is the difference between bitcoin, dogecoin, litecoin and peercoin?

You only need to know is that bitcoin is the only coin may success.
And the others are just shit.

Just like waterpile said there are some alt that can be invested in right time and make profit from it. Also there so many scams it easy to view them. Most of the new coin that are said that they are not primined or just 5% are scams, it more reliable coin that said its 50% premined.



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June 11, 2015, 06:05:34 AM
 #26

Forget about LTC, PPC & DOGE ......
Know more about BTC
Because, it's the only one true cryptocurrency

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June 11, 2015, 06:08:35 AM
 #27

not all altcoins are shit, some have potential to be successful.

all altcoin are doomed, seeing how sidechain is a reality now and not a speculative vaporware, they will be total useless it's better to focus your attention on bitcoin only especially now with all the drama that thickens
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June 11, 2015, 06:15:07 AM
 #28

not all altcoins are shit, some have potential to be successful.

all altcoin are doomed, seeing how sidechain is a reality now and not a speculative vaporware, they will be total useless it's better to focus your attention on bitcoin only especially now with all the drama that thickens

Agree, most of the altcoins are falling down, except darkcoin and litecoin
somehow they managed to had a good price, but we'll see how these altcoins turns out  Wink
I can't believe i still had 10 doge left on my pocket  Grin
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June 11, 2015, 06:25:30 AM
 #29

they all are relative to each other currencies difrently thecnological mined no but all with its wallets and relative prices the best to invest and more easy to trade to fiat its btc soo its more used but if other are speedy block find and currency tradeble quick can be use too good also are good for grow and to be safe and storaged

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June 11, 2015, 07:35:57 AM
 #30

Agree, most of the altcoins are falling down, except darkcoin and litecoin
somehow they managed to had a good price, but we'll see how these altcoins turns out  Wink
I can't believe i still had 10 doge left on my pocket  Grin
Having a good price doesn't mean that there are a lot of users behind the coins. Unless Dash changes something it could just slowly die. LTC should have died long ago.

As for the difference it is pretty much SHA256 vs Scrypt; POW vs POS (only PPC) and every other fundamental rule such as coin supply, block generation time, block adjustment. I would advise you not to waste time on Dogecoin, Litecoin or Peercoin.

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June 11, 2015, 08:41:30 AM
 #31

Bitcoin, Dogecoin and Peercoin all use SHA-256 Cryptography
Litecoin uses Scrypt.

They all differ in price, total coin amount and transaction time.

Doge actually uses scrypt, and I don't really know how peercoin works but they claimed that they are hybrid.

bitcoin = first cryptocurrency
litecoin = first scryptcoin and altcoin
doge = based on a joke
peercoin = ?

Nice Quote DOGE is based on a joke but that coin is more profit than litecoin and bitcoin in last month Smiley
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June 11, 2015, 08:46:31 AM
 #32

Bitcoin, Dogecoin and Peercoin all use SHA-256 Cryptography
Litecoin uses Scrypt.

They all differ in price, total coin amount and transaction time.

Doge actually uses scrypt, and I don't really know how peercoin works but they claimed that they are hybrid.

bitcoin = first cryptocurrency
litecoin = first scryptcoin and altcoin
doge = based on a joke
peercoin = ?

Nice Quote DOGE is based on a joke but that coin is more profit than litecoin and bitcoin in last month Smiley

I think dogs have prospects for the future.

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June 11, 2015, 08:49:37 AM
 #33

Bitcoin, Dogecoin and Peercoin all use SHA-256 Cryptography
Litecoin uses Scrypt.

They all differ in price, total coin amount and transaction time.

Doge actually uses scrypt, and I don't really know how peercoin works but they claimed that they are hybrid.

bitcoin = first cryptocurrency
litecoin = first scryptcoin and altcoin
doge = based on a joke
peercoin = ?

Nice Quote DOGE is based on a joke but that coin is more profit than litecoin and bitcoin in last month Smiley

I think dogs have prospects for the future.

Doge is very amazing coin super Big suply with Great comunity, some coin is dead with high amount like PND
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June 13, 2015, 03:16:04 AM
 #34

Bitcoin, Dogecoin and Peercoin all use SHA-256 Cryptography
Litecoin uses Scrypt.

They all differ in price, total coin amount and transaction time.

Doge actually uses scrypt, and I don't really know how peercoin works but they claimed that they are hybrid.

bitcoin = first cryptocurrency
litecoin = first scryptcoin and altcoin
doge = based on a joke
peercoin = ?
Peercoin= first hybrid POW/POS coin

all 3 are innovation expect dogecoin, that was created just for fun.

Dogecoin wasn't a technical innovation but it was an innovation in terms of marketing.

So, in considering precious metals and cryptocurrency analogies, if Litecoin is the silver to Bitcoin's gold, then what is copper?


Copper is in all these different electronics, et cetera. Which altcoin gets to claim to be copper? That's my question.

Who hows what is the copper in this list. Maybe NXT or DASH or PAYCOIN or any other altcoin or something. Considering that most of new coin are pre mined look in 2 year back and find something that is for third place. If we take this list for example then is something completely different in coin list for third place.

http://www.cryptocoincharts.info/coins/info

I would have thought Dogecoin would be the coin that is most analogous to copper. For example, CLAM used the blockchains of BTC, LTC, and DOGE to distribute their coins. Dogecoin is also the coin that has seen the most mainstream exposure after Bitcoin and Litecoin. After the initial success of BitcoinDark, it was quickly followed by LitecoinDark and DogecoinDark.

Many exchanges also have DOGE markets in addition to BTC and LTC markets for trading sub-satoshi/sub-liteoshi amounts.

And before Dogecoin, PPC would probably have been the coin that was closest to having the status of copper based on its market cap and similarity to LTC/BTC.
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November 18, 2015, 12:43:02 PM
 #35

If I may add my opinion on this, I'd say litecoin exists only because of the difficulty of accessibility of bitcoin. It costs much less but doesn't add anything.

Peercoin is very different as any peercoin transaction has a fee. It makes it better for mining and its hybrid technic is more environmental friendrly. It also has no limit, their can be as much peercoin as you want (the total amount grows of 1% a year or something like that if I remember correctly). So it's more logical to use Peercoin in my opinion ^^

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November 20, 2015, 03:25:12 AM
 #36

From what I understand they are all forms of cryptocurrency, so they can all be used as money, however there is not as much use for DOGE and all of the rest, for I think BTC runs the market.  I have also found that there are not to many places that accept these other cryptocurrencies.  So I stay with BTC.  I have play miners with the rest of them, but I transfer them to BTC as soon as I can. 
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November 20, 2015, 09:06:28 AM
 #37

If I may add my opinion on this, I'd say litecoin exists only because of the difficulty of accessibility of bitcoin. It costs much less but doesn't add anything.

Peercoin is very different as any peercoin transaction has a fee. It makes it better for mining and its hybrid technic is more environmental friendrly. It also has no limit, their can be as much peercoin as you want (the total amount grows of 1% a year or something like that if I remember correctly). So it's more logical to use Peercoin in my opinion ^^

all cryptos all existing cuz of btc like knightkon mentioned

Quote
I transfer them to BTC as soon as I can

do this as soon as you can



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November 20, 2015, 01:23:23 PM
 #38

bitcoin comes first then altcoin dogecoin and peercoin i don't know about it
try to make more of bitcoin then the rest cause BTC is the most known of them
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November 21, 2015, 12:04:32 AM
 #39

I understand the difference between these coins, but is it worth mining any of the other coins.  Why or why not please?
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November 21, 2015, 12:21:00 AM
 #40

What is the difference between bitcoin, dogecoin, litecoin and peercoin?

There is only one difference between them, bitcoin matters.

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