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Author Topic: Why do I prefer LTC over BTC?  (Read 421 times)
fritzwalter195 (OP)
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February 08, 2018, 12:21:46 PM
 #1

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!
 
neinnein125
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February 08, 2018, 12:24:36 PM
 #2

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.

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cryptomema
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February 08, 2018, 12:33:59 PM
 #3

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!
 
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.

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February 08, 2018, 12:39:02 PM
 #4

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.
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February 08, 2018, 12:52:12 PM
Last edit: February 08, 2018, 01:10:49 PM by tokeweed
 #5

Because I'm holding it.
 

^ 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.

R


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February 08, 2018, 12:54:19 PM
 #6

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.
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February 08, 2018, 12:55:51 PM
 #7

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.
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February 08, 2018, 12:58:10 PM
 #8

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

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February 08, 2018, 01:03:59 PM
 #9

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.

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February 08, 2018, 01:06:17 PM
 #10

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.

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February 08, 2018, 01:08:21 PM
 #11

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.

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February 08, 2018, 01:10:03 PM
 #12

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.
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.
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February 08, 2018, 01:13:27 PM
 #13


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.
 

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.

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February 08, 2018, 01:30:07 PM
 #14

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.
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February 08, 2018, 01:43:16 PM
 #15

You should allocate your investment. Buy bitcoin as the main coin and a little bit LTC for the future.
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February 08, 2018, 01:45:53 PM
 #16

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"!

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.

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.

Holding Bitcoin More Every Day
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February 08, 2018, 01:47:25 PM
 #17

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

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February 08, 2018, 01:47:35 PM
 #18

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
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February 08, 2018, 02:04:04 PM
 #19

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
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February 08, 2018, 02:32:15 PM
 #20

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