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Author Topic: Litecoin vs binance Coin  (Read 1410 times)
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August 07, 2021, 07:56:24 AM
 #101

LTC what is being noticed that it doe snot rise too fast like other coin say BNB/ETH etc. Its quite  range bound and more like a bank deposit to me with a standard deposit rate. So for a less risk taker LTC is sort of safe coin and for aggressive investors BNB will be a good one.

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August 07, 2021, 03:47:22 PM
 #102

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Binance Coin is very difficult for other coins to overtake at the moment, including Litecoin. I see the movement activity of Binance Coin is very good. Currently I also see almost all projects using the binance smart chain blockchain.
Talking about Litecoin I think it's really difficult to overtake Binance Coin,
I don't see it happening in the near future so here Binance Coin is certainly still ahead,
apart from that they are both potential coins and I'm sure they will continue to grow

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August 07, 2021, 05:39:36 PM
 #103

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Binance Coin is very difficult for other coins to overtake at the moment, including Litecoin. I see the movement activity of Binance Coin is very good. Currently I also see almost all projects using the binance smart chain blockchain.
Talking about Litecoin I think it's really difficult to overtake Binance Coin,
I don't see it happening in the near future so here Binance Coin is certainly still ahead,
apart from that they are both potential coins and I'm sure they will continue to grow
My opinion is quite opposite to yours when they don't have an absolute domination nor a metric that can cause imbalance, theory of technology and advancement are just features that will appear in the distant future and are introduced through our mouths right now, litecoin still has a few short periods of time to spark temporary revolts by an old leader. The force overview in the long run cannot be equal to the team of binance coin, it is a fact and can only be stubborn in the short term, give a voice to sovereignty as well as position

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August 07, 2021, 11:54:46 PM
 #104

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Of course Binance coin. From feature, demands, any factor, will  be really hard for Litecoin to overtake Binance. Or maybe if developer of Litecoin create something that can cause or maybe forced people to buy it and it make sense for the people, maybe Litecoin will have chance.
But what the hell should that set of features look like? Even if you turn Litecoin into a Binance coin style, it won't help in making Litecoin superior , Litecoin I think is just around for the sake of its story as being the first clone of Bitcoin.
yeah that is what the charm of litecoin and i dont think they will change this .
 litecoin was still a top coin anyway that is accepted on many establishments .
the coin is fast and pretty straightforward , no need to setup for something like the binance coin to use its binance chain . i think i will choose litecoin anytime of the day over the binance coin

No that is not the charm of Litecoin. If a coin has a charm, it has something to offer that no other coin has or let's rather say not many other coins. Except for specific protocol parameters, there is nothing that really sets LTC apart from other coins.

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August 07, 2021, 11:56:09 PM
 #105

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Of course Binance coin. From feature, demands, any factor, will  be really hard for Litecoin to overtake Binance. Or maybe if developer of Litecoin create something that can cause or maybe forced people to buy it and it make sense for the people, maybe Litecoin will have chance.
But what the hell should that set of features look like? Even if you turn Litecoin into a Binance coin style, it won't help in making Litecoin superior , Litecoin I think is just around for the sake of its story as being the first clone of Bitcoin.
yeah that is what the charm of litecoin and i dont think they will change this .
 litecoin was still a top coin anyway that is accepted on many establishments .
the coin is fast and pretty straightforward , no need to setup for something like the binance coin to use its binance chain . i think i will choose litecoin anytime of the day over the binance coin

No that is not the charm of Litecoin. If a coin has a charm, it has something to offer that no other coin has or let's rather say not many other coins. Except for specific protocol parameters, there is nothing that really sets LTC apart from other coins.

what am worried about ltc is if they do have active developments going on. the good thing from BNB is that they are pretty active and visible in the market. BNB platform is continuously innovating their services and adding more, this is why a lot of crypto users are using this network because of so many different offerings that everyone can avail.

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August 08, 2021, 03:34:32 PM
 #106

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Of course Binance coin. From feature, demands, any factor, will  be really hard for Litecoin to overtake Binance. Or maybe if developer of Litecoin create something that can cause or maybe forced people to buy it and it make sense for the people, maybe Litecoin will have chance.
But what the hell should that set of features look like? Even if you turn Litecoin into a Binance coin style, it won't help in making Litecoin superior , Litecoin I think is just around for the sake of its story as being the first clone of Bitcoin.
yeah that is what the charm of litecoin and i dont think they will change this .
 litecoin was still a top coin anyway that is accepted on many establishments .
the coin is fast and pretty straightforward , no need to setup for something like the binance coin to use its binance chain . i think i will choose litecoin anytime of the day over the binance coin

No that is not the charm of Litecoin. If a coin has a charm, it has something to offer that no other coin has or let's rather say not many other coins. Except for specific protocol parameters, there is nothing that really sets LTC apart from other coins.

what am worried about ltc is if they do have active developments going on. the good thing from BNB is that they are pretty active and visible in the market. BNB platform is continuously innovating their services and adding more, this is why a lot of crypto users are using this network because of so many different offerings that everyone can avail.

Yes but even if Litecoin had (I don't know if they have) very active development, what is the niche that they are looking to fill that the market is still missing? If Bitcoin achieves sufficient scalability, what is Litecoin good for then? The only way to shine would be if the Litecoin developers come up with an outstanding solution for scalability issues in PoW coins while keeping a sufficient level of decentralization. That requires resources and I don't know in how far there is financing going on behind the scenes from Litecoin holders for development.

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August 12, 2021, 04:33:16 AM
 #107


Yes but even if Litecoin had (I don't know if they have) very active development, what is the niche that they are looking to fill that the market is still missing? If Bitcoin achieves sufficient scalability, what is Litecoin good for then? The only way to shine would be if the Litecoin developers come up with an outstanding solution for scalability issues in PoW coins while keeping a sufficient level of decentralization. That requires resources and I don't know in how far there is financing going on behind the scenes from Litecoin holders for development.
they need to have lots of funds to supply this, and for sure Bitcoin team have their own ways to fill this up, the advancement of Binance
having good real case usages already shine above.

For all the success that binance are achieving right now, seems that Litecoin will just go with the flow.

Litecoin can only go with the flow. If Litecoin was trying to compete with Binance Coin, that is as if you were trying to compete with Elon Musk building a car factory. Binance has everything in place. Litecoin is just what it is today, a coin that you can send back and forth at acceptable transaction fees. That's about it. You can't turn it into a Binance or Bitcoin competitor, it is not gonna happen.

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August 12, 2021, 06:58:46 AM
 #108

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
currently Binance coin is very far superior to Litecoin, so I think it is very difficult to predict at this time about litecoin which will be able to beat Binance coin maybe it will but not in the near future, with users and developers far ahead of course very difficult for litecoin to beat Binance coin. both coins are currently experiencing very good development with high volume levels and also increasing demand.

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August 12, 2021, 07:21:19 AM
 #109

currently Binance coin is very far superior to Litecoin, so I think it is very difficult to predict at this time about litecoin which will be able to beat Binance coin maybe it will but not in the near future, with users and developers far ahead of course very difficult for litecoin to beat Binance coin. both coins are currently experiencing very good development with high volume levels and also increasing demand.
The developments in the supply and demand side of the market at the moment do look very good, but on the other hand BNB is showing more quality in using its network in various new projects so it looks like comparing the sky to the earth

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August 12, 2021, 07:47:38 AM
 #110

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
As always we need to know that price of a coin depends on supply and demand and if we look at the mechanisms Binance is using to push its price you will realize that litecoin can not compete,it stands no chance!
Binance coin has blend of ways to push its price up such as token burns which reduces its supply in the market over time making them scarce and has a blockchain which is fueled by the same coin so it has no issues of demand while litecoin relies on its old users for demand.

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August 12, 2021, 02:06:42 PM
 #111

For now the price of binance continues to increase and the movement with Litecoin is very different, so the price of Litecoin is very difficult to overtake the price of binance, and binance is building the BSC network so that the price movement will continue to increase and the trading volume will increase at all times, and for now Litecoin has not had any extraordinary movement so we are not sure the price increase will rival binance, and we'll see how it goes in the future because the crypto world always surprises.

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August 12, 2021, 02:51:12 PM
 #112

I don't think it will happen, although nothing impossible but given the current very high development and fan base of Binance coin it's almost impossible for Litecoin to compete with it for now, maybe in the long term in the future no one knows.
Now everyone is looking at the proof because what happened some time ago or last year, it is clear that BNB is already superior to Litecoin, and this reminds me of the example of ETH beating XLM in terms of smart contracts, even though XLM was first born into cryptocurrency than ETH.
no need to proved  , binance already better coins than litecoin . its totaly have different fundamental in market that could attract investors put their money.so far i dont see any important developtment in litecoin , since beginning they have no breakthrough by creating something like binance did.

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August 12, 2021, 02:53:50 PM
 #113

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
litecoin can have a great position as long as litecoin has significant development. I think that right now litecoin is losing development with binance, litecoin should start active and provide updates to their system so they can overtake binance. because we know litecoin is a special coin and has potential
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August 12, 2021, 04:53:50 PM
 #114

litecoin can have a great position as long as litecoin has significant development. I think that right now litecoin is losing development with binance, litecoin should start active and provide updates to their system so they can overtake binance. because we know litecoin is a special coin and has potential
Yes, without significant updates, Litecoin will be very difficult to compete with Binance, because Binance already has a lot of support from outside parties and a lot of support from both Binance users, so that the difficulty in competing will be felt by Litecoin.

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August 12, 2021, 05:49:26 PM
 #115

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

for now it is difficult, because Binance is already more popular than Litecoin and many people are starting to invest in Binance rather than Litecoin, this can be seen from the market cap and volume of Binance which is higher than Litecoin, then of course the ranking on coinmarketcap too (ranking Binance is higher than Litecoin), that's why I prefer Binance at this time and believe that Litecoin will be difficult to overtake Binance.
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August 13, 2021, 03:20:31 AM
 #116

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Binance coins are far ahead of Litecoin so it would be foolish to compare these two. I think Litecoin can never be better than binance coin anymore. Because Binance Coin is constantly coming up with innovation features But litecoin can't do that

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August 13, 2021, 12:01:12 PM
 #117

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Binance coins are far ahead of Litecoin so it would be foolish to compare these two. I think Litecoin can never be better than binance coin anymore. Because Binance Coin is constantly coming up with innovation features But litecoin can't do that
That's the reality that some people does not see, Litecoin is an old coin, been here already in the early stage of crypto but look at the performance compared to Binance, you can see the difference and though bought are successful, it's easy to tell that Binance or its BNB coin is more successful.

litecoin is here since 2013- https://coinmarketcap.com/currencies/litecoin/
Binance in 2017- https://coinmarketcap.com/currencies/binance-coin/

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August 13, 2021, 02:21:26 PM
 #118

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
Litecoin overtaking Binance?
Although the phrase "everything is possible in cryptocurrency" I often read on this forum, but for the topic of your discussion, my answer is that Litecoin will not be able to overtake Binance.
Ethereum transactions can be overtaken by BNB, can Litecoin do that to Binance?
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August 13, 2021, 03:29:42 PM
 #119

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
In terms of price, it's now $399 BNB and $179 LTC.
From the advantages and other sophistication factors possessed by the two coins, will LTC be able to overtake BNB? So, there's no way Litecoin will be able to overtake Binance, which has so many fans right now.
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August 13, 2021, 05:13:40 PM
 #120

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.
I don't think so that Litecoin can overtake BNB in pumping in the market right now, maybe in the future, BNB token's is representing the biggest cryptocurrency exchange the the world dude that's why there is a big demand on BNB token's.
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