How is bitcoin better than litecoin?

[QuintLeo]

Interesting in theory, but try DOING that with an actual Bitcoin client. I've yet to see one that will let you spend Bitcoin from unconfirmed transactions, and IME they generally require multiple confirmations before they allow you to then move that Bitcoin on down the line.

I think you've been using old or uncommon clients or wallets apps then.

 Bitcoin Core, which I keep updated.

There's absolutely nothing theoretical about this. Both Mycelium and Breadwallet, the two most popular (and best, imho) wallets on Android and iOS

 Never heard of either, probably because I don't pay Apple inflated pricing and have no interest in anything that runs Android.

I did the maths for you, the probability of having to wait an hour for a confirmation is extremely small, having to wait two hours is astronomically small.

 Given how long I've SEEN it take for confirmations sometimes, wherever that "math" came from appears to have at least one seriously flawed assumption involved.

[jones techbit]

Bitcoin is much better than litecoin. Because Bitcoin has big users base and world wide acceptance

[grendel25]

Well? Let's hear it.

There is more infrastructure in place for bitcoin.  Bitcoin has weathered a few storms:  mt gox, silk road, various heists and gambling issues... and yet, Bitcoin reigns on as the king of all crypto.  Bitcoin was first, it has street cred.  Bitcoin has received more scrutiny and despite all the doubts, major retailers are on board and bitcoin is flourishing.

[cbeast]

Litecoin is a comic relief sidekick. It will never be a hero. Litecoin developers will never do any heavy lifting. Bitcoin is alpha dog.

[Mickeyb]

I think network effect and first mover advantage is what sets Bitcoin and Litecoin apart. In order for Litecoin to beat Bitcoin it would have to be really superior technologically which we know it's not the case. Moreover, Litecoin is just a copy of Bitcoin that is little bit tweaked, nothing else.

[jeffthebaker]

I think network effect and first mover advantage is what sets Bitcoin and Litecoin apart. In order for Litecoin to beat Bitcoin it would have to be really superior technologically which we know it's not the case. Moreover, Litecoin is just a copy of Bitcoin that is little bit tweaked, nothing else.

Yup, Bitcoin arrived first, which is why it's more successful. Bitcoin has the community, publicity, and mining power that no other cryptocurrency can boast. For an altcoin, Litecoin or other, to surpass Bitcoin, it needs to be something that revolutionalizes an already revolutionary industry.

[tonycamp]

the value per unit and propaganda of bit coin its higher ever one start from bitcoin to litecoin are just a few and the speed of businness and offers are even more into bitcoin so bitcoin its better i like lite but not that much

[kostya.ash]

the value per unit and propaganda of bit coin its higher ever one start from bitcoin to litecoin are just a few and the speed of businness and offers are even more into bitcoin so bitcoin its better i like lite but not that much

of course, from all aspects of the bitcoin more better, so the larger market for bitcoin

[gogxmagog]

Litecoin is Pepsi to Bitcoin's Coke. Actually, Litecoin might be RC Cola

[BrianM]

That's like comparing the VCR to the Betamax.  Ba-da-boom, ba-da bing!

Good one. So what can we learn, after 20 years nobody will use bitcoin or litecoin any more?

[novadragon]

I think bitcoin better than altcoin, because bitcoin is the first coin that has the highest value... 

[QuintLeo]

Litecoin is more like some small generic cola - and last time I checked Pepsi might have more market share than Coke (Coke lost out a TON with the "New Coke" fiasco, though they seem to have recovered somewhat since then).

 Betamax WAS a VCR format. The comparison there should be "Betamax vs. VHS" - neither of which are still around any more except perhaps for tapes that are likely wearing out on old used machines that very few folks bother with any more unless they already HAVE one....

[Herbert2020]

I think network effect and first mover advantage is what sets Bitcoin and Litecoin apart. In order for Litecoin to beat Bitcoin it would have to be really superior technologically which we know it's not the case. Moreover, Litecoin is just a copy of Bitcoin that is little bit tweaked, nothing else.

i agree. OP should discuss the reverse argument of why litecoin is better or worse than bitcoin. or even better talk about why even somebody would consider litecoin instead of bitcoin as a cryptocurrency while it doesn't really offer anything better or different

[centauribit]

Bitcoin is supported by a larger group of people. Bitcoin has more usage than Litecoin.  bitcoin is more familiar than litecoin. Bitcoin is known by most of the people.

[kenbytes]

I like both coins, I am not sure if, in a technological sense, one is better than the other. However, I would much rather use Bitcoin, because many more places accept Bitcoin, while very little accept Litecoin.

[BornBlazed]

BitCoin ATM's are all over the world, not hard too find one.

[Hazir]

I think network effect and first mover advantage is what sets Bitcoin and Litecoin apart. In order for Litecoin to beat Bitcoin it would have to be really superior technologically which we know it's not the case. Moreover, Litecoin is just a copy of Bitcoin that is little bit tweaked, nothing else.

Yup, Bitcoin arrived first, which is why it's more successful. Bitcoin has the community, publicity, and mining power that no other cryptocurrency can boast. For an altcoin, Litecoin or other, to surpass Bitcoin, it needs to be something that revolutionalizes an already revolutionary industry.

Bitcoin arrived first. And that was it. After Bitcoin there were many altcoin which evolved and upgraded concept of Satoshi to higher level. Bitcoin was one of them.
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.
As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Bitcoin in general is more robust version of bitcoin. Every feature is upgraded and modified, then why it is not more popular and wider known than bitcoin?

[lottery248]

apparently i will think LTC would be better than bitcoin.
at least that blockchain would not be easily skyrocketed by those flooding.
i would wish bitcoin not to increase the size limit too high to prevent full node users from giving up due to the excessive storage for the blockchain needed.

[btccashacc]

because i trust bitcoin
and we know only bitcoin have great comunity

[kostya.ash]

I like both coins, I am not sure if, in a technological sense, one is better than the other. However, I would much rather use Bitcoin, because many more places accept Bitcoin, while very little accept Litecoin.

yeah everyone would choose bitcoin,
whereas litecoin are also valuable as bitcoin, it's just a different price