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Author Topic: bitcoin or litecoin ?  (Read 6133 times)
jdkly
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May 23, 2018, 07:33:11 AM
 #561

If we compare bitcoin to Litecoin. I think the Litecoin is like a copy of bitcoin. Or the test of bitcoin. All new ideas Litecoin can be tried first.
Moons Trader
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May 23, 2018, 07:35:28 AM
 #562

Both has same problems. There is a correlation between BTC and alt coins exchange rate. It's always very unstable and volatile. Solution are projects like Nebula Network, it's first crypto with emission mechanism tied to the supply - thanks of it it's rock stable and independent from BTC.
vmklq
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May 23, 2018, 07:36:17 AM
 #563

The essence of Bitcoin and Litecoin is a special solution generated by a bunch of complex algorithms. The process of mining is to seek a special solution of this equation group through huge calculations. For Bitcoin, this equation system is designed to have only 21 million special solutions, so the limit of Bitcoin is 21 million.

Bitcoin one confirmation is about 10 minutes, 6 confirmations are considered successful transactions, a transaction takes an hour or so, Litecoin optimization based on Bitcoin's algorithm, confirmation time as long as 2.5 minutes, the total amount is Bitcoin four Times, so the total amount of Litecoin is 84 million.
amaterazu
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May 23, 2018, 07:38:55 AM
 #564

Its not able to compare, of course bitcoin would lead the way. I would prefer bitcoin for the first priority but litecoin are not bad either. Take those as investment for 70 : 30 ratio.

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baricuri
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May 23, 2018, 08:04:31 AM
 #565

One of the main differences between Bitcoin and Litecoin concerns the total number of coins which each cryptocurrency can produce. The Bitcoin network can never exceed 21 million coins, whereas Litecoin can accommodate up to 84 million coins. Although in theory this sounds like a significant advantage in favor of Litecoin, its real-world effects may be negligible.


I do not really know what you mean, Litecoin can be up to 84 million. While BTC is the leading coin market leader in Crypto, there is no reason why it is lower than Litecoin. Maybe I do not understand all of you or you are mistaken.

ffg56
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May 23, 2018, 08:08:41 AM
 #566

Bitcoin is the oldest and most expensive virtual currency that emerged at the earliest, and was produced by a large number of calculations by Nakamoto. The currency is issued on open source software and P2P networks built on it to create a decentralized payment system.

Litecoin (LTC) is the most promising one after bitcoin, and miners all say that btc is gold and ltc is silver. Inspired by Bitcoin, Litecoin has the same technical implementation, and Litecoin's creation and transfer is based on an open source encryption protocol that is not subject to any central organization's management. The LTC was released on October 7, 2011, and is currently the highest-valued altcoin currency. Compared to Bitcoin, Litecoin is more speedy.
Mancung
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May 23, 2018, 08:12:35 AM
 #567

Obviously it is not an apple to apple comparison, those are far from each other regarding the price and supply. But if we looking at the trends recently, moreover if we only had small capital, id rather choose litecoin of course. But it depends on you as the market price now slightly down
zhangcaisbsbn55
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May 23, 2018, 08:17:41 AM
 #568

I believe in btc more than litecoin. btc is more reliable in my eyes and it is suitable for long term holding. The profit will be high than we have expected.

bamb
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May 23, 2018, 08:20:23 AM
 #569

There is no basis for comparison between bitcoin or litecoin if we are to compare! Bitcoin is definitely the cryptocurrency of choice since bitcoin is more widely use and the network is deep and robust! Litcoin has also done well! Litecoin was made out of bitcoin protocol and it may assist many that would not be able to afford bitcoin in future!

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SvetikB
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May 23, 2018, 08:34:19 AM
 #570

the second topic here about bitcoin comparison:) you cant say that bitcoin is better than ltc, and vice versa. they are both usefull in different spheres. hope that LTC will be the payment coin someday

websing
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May 23, 2018, 08:57:03 AM
 #571

Bitcoin and Litecoin are both crypto currencies, there are basic differences that make the effectiveness of the use of both very different. In terms of ease, Litecoin looks superior because its mining does not demand super-strong technology, its transactions are faster, and its supply level is almost 4 times larger than Bitcoin.
  Easier ways to earn and more money can be bad for long-term increases in Litecoin prices.
nahnah
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May 23, 2018, 09:00:50 AM
 #572

bitcoin and litecoin are the ancestors of cryptocurrency, many will choose bitcoin rather than litecoin because the value and popularity of bitcoin exceed litecoin,
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May 23, 2018, 09:18:04 AM
 #573

Bitcoin trades are currently available on Litecoin-traded websites, but most Bitcoin-traded websites do not have Litecoin transactions. The total market value of Litecoin is now not as large as Bitcoin. It is vulnerable to the control of the platform and the dealer. The price fluctuation may be relatively large, and there is no extensive Bitcoin in commercial applications.

All in all, digital currency is a market with a rapid shift in style. The sudden rise and fall of the short-term is always unprepared, and the lucrative returns are always accompanied by unpredictable risks. In order to keep your funds from shrinking, you must recognize the situation and proceed cautiously.
Exforgant
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May 23, 2018, 09:50:53 AM
 #574

To be honest it is hard to tell. Litecoin  is considered the next best thing to Bitcoin. The cryptocurrency was launched a couple of years after Bitcoin. But there are certain things which Litecoin offers that make it suited for the present day crypto investors, users, and traders. It is growing at a fast pace and is already closing the gap on Bitcoin. So I would probably invest in Litecoin, it's cheaper and very promising.
lightning mcqueen
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May 23, 2018, 09:59:18 AM
 #575

I believe in btc more than litecoin. btc is more reliable in my eyes and it is suitable for long term holding. The profit will be high than we have expected.

if we compare bitcoin and litecoin, they are very far from each other in terms of quality and value, Bitcoin is more popular than litecoin also.
Xkaliber
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May 23, 2018, 10:01:25 AM
 #576

bitcoin and litecoin are the ancestors of cryptocurrency, many will choose bitcoin rather than litecoin because the value and popularity of bitcoin exceed litecoin,
I think it is certain that to choose between bitcoin and litecoin be mostly on choosing bitcoin,
probably because bitcoin is already more popular among investors,
and his future is quite promising
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May 23, 2018, 10:03:09 AM
Last edit: May 25, 2018, 07:04:59 PM by gnerro2
 #577

I dont trust so much in Litecoin in fact that charliee lee use to troll everyone.

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May 23, 2018, 10:07:33 AM
 #578

what do you think, is there at least 1 person who will say that the crypto currency that is on the 1st place in the ranking is worse than any other. this man should be an optimist. who believes that what that cryptocurrency can make a revolution.
MWesterweele
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May 23, 2018, 10:17:14 AM
 #579

what do you think, is there at least 1 person who will say that the crypto currency that is on the 1st place in the ranking is worse than any other. this man should be an optimist. who believes that what that cryptocurrency can make a revolution.
Of course i will choose Bitcoin over Litecoin because BTC is much worth it and have higher value so there's a big chance you can get a huge profit, also BTC is much popular so it has higher demand of people who got interested to it. But since not everyone can afford Bitcoin so they trying other crypto to buy that they can afford but profitable, so i think Litecoin is one of the altcoin they can replace in bitcoin, since it os lower price to buy, but for me Ethereum is the best altcoin to buy because it has higher value to all altcoin.

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May 23, 2018, 11:56:58 AM
 #580

They are both different yet has an amazing technology , bitcoin is the father but litecoin is faster and cheaper so for me i will choose litecoin . buy now while its cheap this is a solid coin.

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