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Author Topic: Why do we need Litecoin when we have Bitcoin Cash?  (Read 507 times)
lobo13hf
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March 21, 2021, 10:55:43 PM
 #21

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?


Backing by what?
It should be backed by roger and friends lol. it looks like roger was also trying to be a bitcoin supporter again. If you are reading story behind bitcoin cash and this coin is exist caused by the battle between bitcoin core and roger combined with some miners. I guess roger and friends meant nothing for BSC as it's still getting stuck and it will never go to the somewhere.
No usefulness, no utility and it's only an alternative coin to be used as secondary payment



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Filmmmakerr (OP)
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March 22, 2021, 05:09:24 AM
 #22

A lot of the answers here pertain to Bitcoin Cash having a "scam" team yet not on fundamentals. I completely understand Litecoin has first movers advantage and Roger Ver isn't exactly the greatest person to back a project but lets remember he also backed and invested into bitcoin prior the existence of Bitcoin Cash. But in reality, when it comes to having a system that could be used as cash, how does litecoin really beat bitcoin cash? Bitcoin cash is faster and cheaper, yes? Bitcoin cash is literally on EVERY exchange Litecoin and Bitcoin are on, Yes? so besides first movers advantage and Roger Ver, why is Litecoin better?
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March 22, 2021, 05:36:00 AM
 #23

Funny question, frankly speaking lite coin is waay more popular than bitcoin cash, when people talks about bitcoin what they mean is the real bitcoin not this altcoin that has the word "bitcoin" in it.
Not to mention the name Litecoin sounds a lot more legit than bitcoin cash since I assume the primary reason the BCH founder name it like that because they trying to steal bitcoin fame.

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March 22, 2021, 05:46:34 AM
 #24

For me crypto is about trust and convenience. Even when you said bch is faster than ltc I'll keep using ltc to transferring funds everytime. Why? Because it's still small on fees. When bitcoin cash sounds like propaganda in the first time when Roger keep saying bch is the real bitcoin, and ltc pronounce it self as lite version of bitcoin sounds as part of bitcoin community.

It's like questioning why do we need eth when we have tron?
Easy to answer

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March 22, 2021, 08:06:26 AM
 #25

I still don't understand why do we need bch when we have btc, If those bch holders are hoping that the price of bch will be the same as btc in the future big no it will never happen in my 6 years in crypto I never tried  to buy bch I don't know I just dont like it I feel like IM a buying a trash when I buy it haha like many comments say here I will instead buy LTC rather than BCH contrary to OP question. 

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March 22, 2021, 08:31:54 AM
 #26

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?


Litecoin is more innovative than Bitcoin Cash. Also, there is a Litecoin Visa card for payments. Charlie Lee plans to implement Mimblewimble (MW) for private transactions. Litecoin improves itself while Bitcoin Cash stays the same.

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March 22, 2021, 11:29:47 AM
 #27

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

When it comes to fees and transactions, I prefer litecoin than bch. And after bch has been hype when it was newly launched, honestly I can not see any progress with bch. However, with our local wallet there is no ltc to be chosen that is why I dont have a choice but to convert some of my fiat money into ltc and xrp. Anyway, ltc is more established than bch IMHO.
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March 22, 2021, 12:36:00 PM
 #28

Well, many people answered it already, and one thing for sure is it is because litecoin is a lot better than bitcoin cash. Let's start from the simplest one, bitcoin cash has a bad reputation already, like you know, because of the scams surrounding it, meanwhile litecoin doesn't have anything like that. Bad reputation is bad for the coin, so people of course will prefer the one with good image to the bad ones right? And the prospect of litecoin is a lot better than bitcoin cash, making it a better choice to use or to invest.

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March 22, 2021, 12:41:56 PM
 #29

i think the question is reversed . it should be why we need bch when have ltc because afaik its the ltc that is been created first before btc fork takes place and bch came out as its product .

 and since i mentioned forked , bch is just a forked coin anyway but ltc isnt and ltc has its own original purpose and most of all bch is heavier than ltc , its fees is a bit high and process a bit slower . aditionaly , so many people hate bch , idk if its because of its founder or its just the coin itself
Of course, more people like LTC. Faster transactions with lower fees than BCH.
LTC's market development is also better. while BCH I think will only follow the capabilities of the BTC market. if there is a pump it is also related to events and trading on the stock exchange. it will not be associated with any development. but LTC has plans for the future. We have already seen that the LTC halving has also been implemented several years ago. although the market response was not good due to bad market conditions at that time. but LTC's long-term potential is better.
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March 22, 2021, 01:00:11 PM
 #30

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?




My preference is Lite coin  because its market cap , faster transaction speed and more centralized . Its creator is very serious person and fully dedicated to its project whereas  Bitcoin cash has very bad history of conflicts between its creators and that ended up in split of coin. The current price of LTC is around $ 200 and it is in uptrend. I consider its current price as good entry point to book good gains in coming months as it has not shown its real colour during the current rally of Altcoins. My Long term target is $575.

https://www.fool.com/investing/2017/12/24/5-reasons-litecoin-is-a-better-choice-than-bitcoin.aspx

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March 22, 2021, 01:43:21 PM
 #31

That's right, because Litecoin was developed personally to make it easier for himself and also for others, and this is clearly different from Bitcoin Cash which was born from a hard fork so that its development is no longer being carried out.
I am not following both their developments but i am using both because the gambling sites have listed them and more over i did not invest much in bitcoin cash but it was airdropped for free and for a long time i used them to wager.

What i do not understand what you mean by Litecoin developed personally by Charlie Roll Eyes. He sold almost all of his premined coins because he thought it is not going anywhere or he wanted to take advantage of the instant richness, who knows and if he is taking care of development it is well and good.

@OP just check the created date of both of these coins and you will have your partial answer Tongue.
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March 22, 2021, 01:45:09 PM
 #32

The only reason I would ever use either LTC or BCH is because of their low transaction fee. If we talk about technology, then both these coins are ages behind the newer cryptos such as Cardano and Polkadot. However I need to admit that the LTC developers try their level best to keep the coin updated against the recent issues and security bugs. Both LTC and BCH are losing market share and it doesn't surprise me. They are simply outdated cryptocurrencies.
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March 23, 2021, 03:19:06 PM
 #33

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?
I have not used any one of them but what I have seen so far I am going to say that Litecoin is a better choice, and of course I like Litecoin despite I haven’t used it. As for Bitcoin Cash, I wouldn’t say the same thing. They are kind f copying everything about Bitcoin and it’s misleading people. Their website is Bitcoin.com instead of BitcoinCash.com, and they did that because they know for sure that most newbies will be typing in Bitcoin.com on their browsers (while the original Bitcoin’s website is Bitcoin.org).

So, this shows that these Bitcoin Cash devs are scammers. Secondly , when it comes to market cap Litecoin is a few steps ahead of the Bitcoin Cash if you check Coinmarketcap. And when it comes to transaction, Litecoin is better and faster based on research.
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March 24, 2021, 09:10:46 PM
 #34

Litecoin is a more affordable coin. People  using it, and LTC, in principle, has never let down. Yes, now there is no such rapid growth, but there is stability. I buy this coin and I know that many people buy it. Although I can't say anything bad about Bitcoin Cash.
I like to transfer crypto to dollars through LTC!
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March 24, 2021, 09:18:20 PM
 #35

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?



because Litecoin is more popular than Bitcoin Cash and of course fees for transactions using Litecoin are also very cheap and fast, so people prefer to use Litecoin instead of Bitcoin Cash, because people don't believe in Bitcoin Cash (scam), so it's better to use Litecoin than Bitcoin Cash, therefore Litecoin is more popular and better than Bitcoin Cash.
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March 24, 2021, 10:55:03 PM
 #36

I don't see any reason to use bitcoin cash over litecoin, at least Litecoin doesn't claim to be the real bitcoin like bitcoin cash founder and supporters think, it's really funny whenever i come across any of their supporters calling bitcoin a shit coin and saying bitcoin cash is the real deal, like why don't they just say bitcoin cash is the real bitcoin cash Cheesy?, they keep saying it's the real bitcoin, but in reality bitcoin cash is shit honestly.

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March 24, 2021, 11:04:12 PM
 #37

I have never thought Bitcoin Cash was better than Litecoin, so there is no reason for me to invest in Bitcoin Cash. Because for me Bitcoin Cash is
a shitcoins, and I have no interest in being able to make a profit from Bitcoin Cash. Even if we look at the market cap of Litecoin and Bitcoin Cash,
it can prove that Litecoin is indeed much better than Bitcoin Cash. Therefore, Litecoin is in 10th place, while Bitcoin Cash is 13th.

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March 25, 2021, 08:39:34 AM
 #38

In general i don't understand why to have Litecoin in portfolio and even more so i don't understand people who have Bitcoin Cash.
I believe that these coins only pull your potential bitcoins at a distance.
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March 25, 2021, 10:19:34 AM
 #39

In general i don't understand why to have Litecoin in portfolio and even more so i don't understand people who have Bitcoin Cash.
I believe that these coins only pull your potential bitcoins at a distance.
Many people use Litecoin to send between exchanges.I still do this out of habit, although there are ways much cheaper.Just have confidence in this coin.For example, I always take ltc if there are free funds.

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March 25, 2021, 11:02:39 AM
 #40

Both Litecoin and Bitcoin Cash are forks of BTC. The difference is that Litecoin (that is commonly named as Bitcoin Lite or “digital silver”) emerged in 2011 year (much earlier than Bitcoin cash that emerged only in 2017). After fork Litecoin became popular because it used light encryption algorithm that made transaction confirmation rate four times higher than that of BTC. As far as I know for a long time no one digital coin was quicker than Lite. Bitcoin cash was created in 2017 as new quick alternative of BTC with cheap transactions and it seems to work well enough, even though all the Hodlers and traders don't trust it.



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