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Author Topic: Is Bitcoin, dogecoin, and litecoin the same ??  (Read 8387 times)
Ryananda (OP)
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December 13, 2015, 03:29:09 PM
 #21

Bitcoin was the 1st Cryptocurrency and therefore most valuable in my opinion..
Other altcoins never will reach the acceptance and level of bitcoin (unless there will be some insane improvements compared to BTC)

My most people choose bitcoin
When I inquired with my friends they prefer bitcoin
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December 13, 2015, 03:39:59 PM
 #22

Bitcoin, Litecoin and dogecoin are completely different other than crypto-currencies.
Bitcoin is the first of this kind and the market leader, whereas litecoin and dogecoin are known as alternative crypto-currencies. Bitcoin and litecoin are compared to gold and silver respectively, we can assume dogecoin as bronze.
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December 13, 2015, 05:07:28 PM
 #23

Bitcoin first crypto currency and with high market value, all other is alt, so I think they will never reach that point.
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December 13, 2015, 05:13:06 PM
 #24

They all are crypto currencies.
Bitcoin is the first one which was created in 2009. So it is the currency which inspired the creators of all altcoins like litecoin and doge coin
Doge coin is good for micro transactions
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December 13, 2015, 07:10:18 PM
 #25

They all are crypto currencies.
Bitcoin is the first one which was created in 2009. So it is the currency which inspired the creators of all altcoins like litecoin and doge coin
Doge coin is good for micro transactions

how are monero and blackcoin the same or different?  those two confuse me
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December 13, 2015, 07:23:00 PM
 #26

I want to ask whether Bitcoin, dogecoin, and litecoin the same ??
If all three are still dalah the founders if it is different ??
Where do you think is more promising among bitcoin, dogecoin, and litecoin ?? Is there a more promising more besides these three ??

No they are not the same, all based off the same concept although Dogecoin and Litecoin are referred to as alternate coins.

All of the founders/devs are different people.

Bitcoin is the main coin and has a much wider adoption so from that evidence I would say Bitcoin is the most promising.
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December 13, 2015, 07:25:54 PM
 #27

Bitcoin is well bitcoin, and others are altcoins which rose due to the success of bitcoin. The most promising one, hence , is bitcoin.


Edit:
I want to ask whether Bitcoin, dogecoin, and litecoin the same ??
They aren't.
If all three are still dalah the founders if it is different ??
The devs are different people

I agree, bitcoin or bust.  However, I have an irrational love affair with DOGE.  I like the no need for decimal place trait and the extremely quick confirmation times.  I don't like the price volatility and dearth of merchants who accept it.  Bitcoin is volatile as well, but I did buy some silver coins with it.

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CryptoBjorn
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December 13, 2015, 07:28:16 PM
 #28

They are not the same, doge coin is a altcoin is like fake bitcoin is just a copy.
Just learn what altcoins are, so you can understand what bitcoin is.
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December 13, 2015, 07:30:24 PM
 #29

Though I am not new to btc world and clearly understand the difference between btc/ltc/doge, I still new to trading world, so why'd people dislike doge so much? I know its rate is low, but . . .  does it not profitable or something?
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December 13, 2015, 07:50:02 PM
 #30

Though I am not new to btc world and clearly understand the difference between btc/ltc/doge, I still new to trading world, so why'd people dislike doge so much? I know its rate is low, but . . .  does it not profitable or something?

No. Many people are still deliberately collecting litecoins and dogecoins and many sites accept litecoin/dogecoin along with bitcoin.
But dogecoin has no new innovation with it. Technically it's just a clone of litecoin. Due to it's huge volume and uncapped nature it's priced very low.
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December 13, 2015, 07:56:17 PM
 #31

Though I am not new to btc world and clearly understand the difference between btc/ltc/doge, I still new to trading world, so why'd people dislike doge so much? I know its rate is low, but . . .  does it not profitable or something?

No. Many people are still deliberately collecting litecoins and dogecoins and many sites accept litecoin/dogecoin along with bitcoin.
But dogecoin has no new innovation with it. Technically it's just a clone of litecoin. Due to it's huge volume and uncapped nature it's priced very low.

So, in your opinion, is it not worth investing? As for now, I collect doge merely from faucets and use them to learn how to trade, should I stop collecting it from faucet, then?
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December 13, 2015, 10:50:46 PM
 #32

Been new to crypto currency is it worthwhile trying to get multiple currencies? If so what would likely succeed Bitcoin?

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December 14, 2015, 12:29:30 AM
 #33

I want to ask whether Bitcoin, dogecoin, and litecoin the same ??
If all three are still dalah the founders if it is different ??
Where do you think is more promising among bitcoin, dogecoin, and litecoin ?? Is there a more promising more besides these three ??

I don't think this crypto currencies are the same, Bitcoin is the first and the most famous crypto currency online till now, the doge coin , lite coin are just altcoins trying to duplicate the Bitcoin's success but still far from the Bitcoin usability
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December 14, 2015, 02:01:28 AM
 #34

Litecoin, Dogecoin, Monero, any other alt-coin - in a way there are all the same, they are pretty much gargabe!
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December 14, 2015, 01:16:15 PM
 #35

I don't know much about dogecoin and litecoin but although them seen all same, it have a little difference feature with bitcoin

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Ryananda (OP)
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December 15, 2015, 12:57:39 AM
 #36

Though I am not new to btc world and clearly understand the difference between btc/ltc/doge, I still new to trading world, so why'd people dislike doge so much? I know its rate is low, but . . .  does it not profitable or something?

No. Many people are still deliberately collecting litecoins and dogecoins and many sites accept litecoin/dogecoin along with bitcoin.
But dogecoin has no new innovation with it. Technically it's just a clone of litecoin. Due to it's huge volume and uncapped nature it's priced very low.

So, in your opinion, is it not worth investing? As for now, I collect doge merely from faucets and use them to learn how to trade, should I stop collecting it from faucet, then?
Maybe all eligible for investment
But in terms of profit bitcoin which has many advantages and ease, can not be denied that many people who wear than the other bitcoin

How do you think all of this ??
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December 15, 2015, 08:19:44 AM
 #37

They are all cryptocurrencies.
Biggest difference: Bitcoin is father of all and have biggest market. It created millionaires.
Litecoin is soft alternative to bitcoin, but it may be counted as only successful alternative.
Other one is just internet meme named coin. It is more like fun thing.
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December 15, 2015, 08:23:42 AM
 #38

Op. Invest only in Bitcoin. Forget about other cryptocurrencies, they are called altcoins for a reason, focus on the the biggest and the one which can actually succeed in a long run.
It is true that you could potentially earn more while investing in new alts and their initial pumps and dumps, but beside their speculative nature, they have no value at all.
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December 15, 2015, 07:46:05 PM
 #39

Maybe all eligible for investment
But in terms of profit bitcoin which has many advantages and ease, can not be denied that many people who wear than the other bitcoin

How do you think all of this ??

As for now, I try to learn on how to trade using doge and lite which i got from faucets, I completely understand that since I collect them from faucet, there's nothing to lose except my time, but what pick my curiosity is how worthy it is to collect doge faucet? I mean, we all know the difficulties and annoyance on collecting coin from faucet, some people even consider that faucet-collecting is such a waste of time. So... if doge is a waste of time and faucet is a waste of time, that make doge-collecting-faucet a . . . . what? The waste of a waste of time?
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December 15, 2015, 07:48:02 PM
 #40

Nope.

1) The names are obviously different
2) Bitcoin was the first cryptocurrency
3) The algorithms are different

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