Bitcoin Forum
May 05, 2024, 01:38:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Trading Discussion > Product much cheaper in Litecoin q
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Product much cheaper in Litecoin q  (Read 90 times)
2342q6tegw (OP)
Jr. Member
*
Offline Offline

Activity: 174
Merit: 6


View Profile
February 01, 2018, 12:31:00 PM
 #1
Could there be any reason to sell a product cheaper in lite coin than Bitcoin? I could see how Monero with its privacy might be more valued. What is the advantage of litecoin though? After all you can swap most of these cryptos around right?
1714873129
Hero Member
*
Offline Offline

Posts: 1714873129

View Profile Personal Message (Offline)

Ignore
1714873129
1714873129
Reply with quote  #2
1714873129
Report to moderator
1714873129
Hero Member
*
Offline Offline

Posts: 1714873129

View Profile Personal Message (Offline)

Ignore
1714873129
1714873129
Reply with quote  #2
1714873129
Report to moderator
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714873129
Hero Member
*
Offline Offline

Posts: 1714873129

View Profile Personal Message (Offline)

Ignore
1714873129
1714873129
Reply with quote  #2
1714873129
Report to moderator
1714873129
Hero Member
*
Offline Offline

Posts: 1714873129

View Profile Personal Message (Offline)

Ignore
1714873129
1714873129
Reply with quote  #2
1714873129
Report to moderator
BitcoinHodler
Hero Member
*****
Offline Offline

Activity: 1456
Merit: 578


HODLing is an art, not just a word...


View Profile
February 01, 2018, 01:03:01 PM
 #2
as a merchant when selling something you should consider what your users want. do your customers own cryptocurrencies? do they own litecoin or bitcoin or monero or ...? are they willing to spend it on your product or are they just holding it?

adding a LTC payment system may cost you more (like wasting server resources,...) than the number of people who might buy your product using it.
Holding Bitcoin More Every Day
Pages: [1]
  Print  
Bitcoin Forum > Economy > Trading Discussion > Product much cheaper in Litecoin q
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!