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Author Topic: Which old coin do you prefer? Litecoin or Dogecoin?  (Read 515 times)
albon
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October 16, 2023, 09:26:30 PM
 #21

I would choose Litecoin if the transaction amount is huge as I cannot risk transaction of huge amount at the mercy of an meme coin which can pump to 10x or dump to zero at anytime, I have used Litecoin in the past when they were not many lightening speed transaction options available and I know Doge is cheaper and faster than LTC but as I said if it's higher amount I would go with LTC and if it's smaller transaction I will go ahead with Doge.
Indeed, this is what I would do if I had the desire to choose one of these tokens. The Litcoin project is an old and famous project and has great potential, and even its token transactions take place very quickly and with reasonable fees. In the first place, LTC is not considered a meme coin like DOGE, which is manipulated from time to time and is not highly volatile like it.

It is possible that if someone prefers to choose DOGE to complete a transaction and pay some small fees, he will be surprised after some time that the amount of the completed transaction has decreased significantly and exceeded the amount of fees that he wanted to save in this token. LTC may have slightly more expensive fees, but from my point of view, It is a safe token, and I can put a large amount in it to carry out any transactions and invest it with peace of mind, unlike DOGE or any other meme coins.

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October 16, 2023, 09:31:47 PM
 #22

Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping. Despite these differences, it's no secret that DOGE is faster and cheaper to use than LTC itself (Dogecoin's block time is lower than Litecoin's, while market prices are cheaper). I'd choose both as they're tried-and-tested blockchain networks with decentralization and security/reliability in mind.

What would be your pick? And why did you choose that coin in the first place? Your input would be greatly appreciated. Thank you. Smiley
Sunday!

Litecoin.  At least it was designed to serve some sort of purpose.  Dogecoin is and was just around as a joke.  But on a fundamental side there is an endless block reward of 10,000 coins every minute...forever.  there is no way that demand can outpace supply that is endless.  The price of doge will eventually just keep falling due to the imbalance.
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October 16, 2023, 10:07:33 PM
 #23

Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping.
Why these two coins? Honestly, I had a pretty bad experience with both of them. Forget about Doge because I'm not a fan of meme coins. As for Litecoin, I was very interested and trusted this old coin. So in the previous bearish era, I bought some LT and hoped that the price would jump high like other old altcoins. But in reality, it was really different. In fact, they are also not very developed, just like that. Of course their progress will continue to be shifted by various new projects or coins that have the same use case and are much better. I don't know, I doubt whether this coin will actually rise again or not in the next bullish era. What is certain is, if I want to increase the accumulation of these two coins, whether LTC or Doge, I choose not to. I chose another coin that was much more promising for me.

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October 17, 2023, 01:08:10 AM
 #24

Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping.
Why these two coins? Honestly, I had a pretty bad experience with both of them. Forget about Doge because I'm not a fan of meme coins. As for Litecoin, I was very interested and trusted this old coin. So in the previous bearish era, I bought some LT and hoped that the price would jump high like other old altcoins. But in reality, it was really different. In fact, they are also not very developed, just like that. Of course their progress will continue to be shifted by various new projects or coins that have the same use case and are much better. I don't know, I doubt whether this coin will actually rise again or not in the next bullish era. What is certain is, if I want to increase the accumulation of these two coins, whether LTC or Doge, I choose not to. I chose another coin that was much more promising for me.
this is the truth, these old rusty coins are rusty for reason, because they never performed well, never release update and innovation neither, making it quite literally just some old coin with no hope of having massive bullrun anymore.
same thing with doge coin the difference is that doge actually already had reached its peak, the massive bullrun for doge was already over.
if i were to choose i'd also prefer to not choose either of the two, mainly because there are better coin that are newly released out there, which definitely have better future and prospect.

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October 17, 2023, 03:47:37 AM
 #25

Im still using litecoin for payments. Unfortunately, i have a big bag of it, so, still hope that it will be pumped next bull run

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October 17, 2023, 06:44:23 AM
 #26

If I should choose between litecoin and Dogecoin I will choose a litecoin because a litecoin have potential and volatility than dogecoin, even litecoin has survived many bearish likewise doge, but in the market and top ten list of altcoins after ethereum I think litecoin should be another to be listed because of its volatility.

The network of litecoin they have a few charges in transaction, their transaction fee is much better to be compared to the one of ethereum and even the one of bitcoin.. I could remember vividly when I was in Betnomi long time ago, the website of Betnomi is the place where we received payment and when you withdraw your funds in bitcoin you will pay high transaction fee that will take up to six to seven dollars then, but when you withdraw with litecoin you pay lesser charges

So since that time I still prefer litecoin charging fee more than any other coins of altcoins and the volatility of litecoin is still encouraging, it doesn't diminish in value like other coins, its not that the technology of dogecoin is not good, but we are looking at features in both of them, so it's not comparable with litecoin because litecoin is of higher potential than dogecoin from my perspective and point of view.


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October 17, 2023, 08:37:23 AM
 #27

Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping.
Why these two coins? Honestly, I had a pretty bad experience with both of them. Forget about Doge because I'm not a fan of meme coins. As for Litecoin, I was very interested and trusted this old coin. So in the previous bearish era, I bought some LT and hoped that the price would jump high like other old altcoins. But in reality, it was really different. In fact, they are also not very developed, just like that. Of course their progress will continue to be shifted by various new projects or coins that have the same use case and are much better. I don't know, I doubt whether this coin will actually rise again or not in the next bullish era. What is certain is, if I want to increase the accumulation of these two coins, whether LTC or Doge, I choose not to. I chose another coin that was much more promising for me.
this is the truth, these old rusty coins are rusty for reason, because they never performed well, never release update and innovation neither, making it quite literally just some old coin with no hope of having massive bullrun anymore.
same thing with doge coin the difference is that doge actually already had reached its peak, the massive bullrun for doge was already over.
if i were to choose i'd also prefer to not choose either of the two, mainly because there are better coin that are newly released out there, which definitely have better future and prospect.

We can't say that to happen since doge have unexpected run and litecoin can still be consider as good coin to have since it decently remain strong coin which still have a lot of value. I would rather have both Doge and Lite coin rather than choosing to acquire those newly launch coin since for me reputation really matters then can't easily trust those new for long term hodl. Market still promising and we cannot say that Bull run for Doge or Lite coin is already over since there's still to many happening that can change the whole market landscape.

We also need to consider that this coins will be brought up if bitcoin bull run will exist so its good to acquire this coin for now then see how far it will pump when said event will happen. But if I'm going to choose between this two coin I would choose Doge coin for now.

R


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October 17, 2023, 11:25:05 AM
 #28

I think I'll go with Litecoin, for my personal preference Doge isn't that good coin. It's just that it came from meme and who's gonna take that seriously? Yup, Doge built his name for hype and that's it. It just ended up like that. I know a person who invested her money in Doge and regretted it, I warned her about Doge and she doesn't listen to me. Her money disappeared in thin air.

If there's one person who takes Dogecoin seriously, that would be Elon Musk. After all, he's the one who brought the "meme" coins hype. Foolish investors make their decisions based on Elon Musk's opinion. They will end up getting "rekt" in the long run. As the original creators stated, Dogecoin is only a "joke". It's more like a "fun experiment" that "doesn't break the bank". With ever-rising inflation, DOGE will become worthless in the future. It's not a matter of "IF" but rather "WHEN".

For serious day-to-day transactions, Litecoin would be the way to go. It's close to Bitcoin in terms of decentralization, economic model, and censorship-resistance. With added privacy features (Mimblewimble) and LN integration, LTC will become bigger and stronger than ever. Maybe LTC will reach a new ATH within the not-so-distant future? Cheesy

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October 17, 2023, 12:34:08 PM
 #29

Im still using litecoin for payments. Unfortunately, i have a big bag of it, so, still hope that it will be pumped next bull run

Yes that's right, the bull run starts and after a few days LTC will pump a lot more I think but if you look at LTC's transaction fee or transaction time you will definitely see DOGE is lower and cheaper than LTC. But for profit, the current price of LTC is $62 which is about 84% down from the 2021 bull run price. Yes, it will hit $450 in the next bull run. But I would say DOGE coin should be on any investor's choice list. Why will it also get a good price in bull run.
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October 17, 2023, 02:09:24 PM
 #30

Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping. Despite these differences, it's no secret that DOGE is faster and cheaper to use than LTC itself (Dogecoin's block time is lower than Litecoin's, while market prices are cheaper). I'd choose both as they're tried-and-tested blockchain networks with decentralization and security/reliability in mind.

What would be your pick? And why did you choose that coin in the first place? Your input would be greatly appreciated. Thank you. Smiley
As the op said Litecoin Dogecoin which of the two is better I find it much easier to use Dogecoin than Litecoin.  Especially when working on Dogecoin, this gas is very low and Dogecoin works very fast. I think if Dogecoin was as popular as Bitcoin maybe one day everyone would be interested in using Dogecoin.
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October 17, 2023, 02:24:50 PM
 #31

DOGE, and I will DOGE until the very end of my life - like the named "DOGECOIN Millionaire" is. Cheesy

Kidding aside, I don't know the exact reason, but I prefer DOGE more than LTC. Maybe because of the transaction speed? Maybe because of it's popularity? Maybe because of the fact that it's fees are lower than that of LTC. Overall, I don't see any reason why I'd choose Litecoin over DOGE. Wait, I already have a reason. It's because Elon Musk will add it into his platform X, and might be used for tipping those people. Well, that's the main use case of DOGE from the start so... yeah. Cheesy. As for Litecoin, there are no significant news regarding the project anymore, but that doesn't mean that the project is dead already.

Overall, both of them will pump during the bull run, so I guess holding both of them, then sell during the bull run isn't a bad idea, eh? Smiley

 
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October 17, 2023, 02:52:53 PM
Merited by philipma1957 (3)
 #32

Why choose one if you can have both coins? 😝 Dogecoin is cheap and fast Litecoin is decentralized and is much more expensive than Doge, so it really depends on your personal preferences. I personally like Doge but if I had by any chance extra money to buy, then I would love to buy both.

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October 17, 2023, 03:42:31 PM
 #33

Im still using litecoin for payments. Unfortunately, i have a big bag of it, so, still hope that it will be pumped next bull run
Yes that's right, the bull run starts and after a few days LTC will pump a lot more I think but if you look at LTC's transaction fee or transaction time you will definitely see DOGE is lower and cheaper than LTC. But for profit, the current price of LTC is $62 which is about 84% down from the 2021 bull run price. Yes, it will hit $450 in the next bull run. But I would say DOGE coin should be on any investor's choice list. Why will it also get a good price in bull run.
I disagree, doge is not something that I would even remotely consider investing into and I do not think that it would make sense if we wanted to invest into that. I believe that we should try to avoid it as much as you can and should not be really doing anything that would not make sense for anyone.

I get that it may not look awesome for the time being, but I believe that if we give it enough time then we are going to end up with a lot more profit with LTC on the long run. One of them only goes up due to hype and gets super high for a short period of time and if you make profit then you do if not then you miss your chance, the other is not like that at all and goes up long term consistently every single bull run.

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October 17, 2023, 03:58:16 PM
 #34

1. **Active Community**: Dogecoin has a very active and passionate community. This often leads to a lot of online activity and support for Dogecoin, which can be attractive to people who enjoy being part of a lively and engaged community.

Most of this community is just waiting for a new mention from Ilon Musk.

2. **Fun and Friendly Image**: Unlike many other cryptocurrencies which have a more serious and business-like image, Dogecoin was created as a fun and friendly alternative. The Shiba Inu dog meme as its logo has helped it to stand out and attract people who are drawn to its light-hearted approach.

It used to be before Musk ruined the image of this coin and associated DOGE with yet another manipulation.

3. **Accessibility**: Dogecoin is often fairly cheap to buy compared to other cryptocurrencies like Bitcoin. This makes it more accessible to people who want to get involved in cryptocurrency but don't have a lot of money to invest.

What a difference, bitcoin and DOGE can be bought anywhere for $100 and it will be an equally affordable purchase despite bitcoin costing many times more.

4. **Potential for Growth**: While Dogecoin started as a joke, it has shown significant growth and has been embraced by a number of high-profile individuals and companies. This has led some people to believe that it has the potential for significant future growth.

Without Ilon Musk, the growth potential of this coin is quite weak.

5. **Tipping and Small Transactions**: Dogecoin has been used as a form of tipping content creators on the internet. Its low value per coin makes it ideal for these small transactions.

On exchanges, it is already a highly unprofitable coin for transactions.

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October 17, 2023, 07:05:40 PM
 #35

Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping. Despite these differences, it's no secret that DOGE is faster and cheaper to use than LTC itself (Dogecoin's block time is lower than Litecoin's, while market prices are cheaper). I'd choose both as they're tried-and-tested blockchain networks with decentralization and security/reliability in mind.

What would be your pick? And why did you choose that coin in the first place? Your input would be greatly appreciated. Thank you. Smiley
I think I'll pick DOGE considering it's way more popular than Litecoin and has way more room for development and it's likely backed by Elon (and I agree with what Xalolex said above). It's just a choice and I choose what could make a profit even more and that's DOGE. I have used DOGE more in the past compare to Litecoin and for me the ease of use will surely vary to every individuals, no doubt even if there's a poll it will be an easy win for DOGE.

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October 17, 2023, 07:36:40 PM
 #36

Why choose one if you can have both coins? 😝 Dogecoin is cheap and fast Litecoin is decentralized and is much more expensive than Doge, so it really depends on your personal preferences. I personally like Doge but if I had by any chance extra money to buy, then I would love to buy both.

Bingo both is the correct answer.

If you believe in BTC which has the largest amount of power and infrastructure in the world. You need to believe in scrypt mining ⛏️ which has the second largest amount of gear and infrastructure in the world.

Since you can merge mine both ltc+doge with an antminer L7 rational sane people prefer both coins.

I mine ltc and doge every day day after day.

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October 17, 2023, 09:52:29 PM
 #37

Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping. Despite these differences, it's no secret that DOGE is faster and cheaper to use than LTC itself (Dogecoin's block time is lower than Litecoin's, while market prices are cheaper). I'd choose both as they're tried-and-tested blockchain networks with decentralization and security/reliability in mind.

What would be your pick? And why did you choose that coin in the first place? Your input would be greatly appreciated. Thank you. Smiley
We hate Dogecoin because of its manipulative price but this also gives profit to the investors. The Dogecoin community is getting big while we hate Elon Musk, more people have come to invest in Dogecoin which keeps this project popular despite it was meme coin.

But talking about Litecoin seems to be out of the trend and popularity these days but yes, still a good investment. However, with the current situation and the expected bull season, I'd prefer to invest in Dogecoin over Litecoin as I'd see that Doge seems to give more pumps.
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October 17, 2023, 10:24:22 PM
 #38

What would be your pick? And why did you choose that coin in the first place? Your input would be greatly appreciated. Thank you. Smiley
Both are convincing - but I think Doge has become less promising after the Elon Musk hype. The decentralization of these two ancient altcoin is one of my considerations if I intend to include them in my portfolio in the future - but I still haven't gotten a good interest in those two altcoin because they are more focused on bitcoin.

I'm all for diversification - but I wouldn't do it with too many altcoins. Doge was definitely one of the ones I was watching the most since 2020 - but I let go of that great opportunity simply because I was more confident and felt safe with bitcoin.

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October 18, 2023, 09:36:49 AM
 #39

I prefer dogecoin to litecoin.  Dogecoin have much higher utility than litecoin and utility is the most important thing in any coin or project.  I think most people invest in dogecoin more than litecoin.  Litecoin doesn't have much growth potential, and dogecoin have growth potential.  Among other meme tokens there is certainly a greater demand for dogecoin. We also heard some time ago that Elon Musk bought shares of Dogecoin.  Also, many investors are speculating that Doge will give very good profits in bull markets.
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October 18, 2023, 11:17:23 AM
 #40

DOGE, and I will DOGE until the very end of my life - like the named "DOGECOIN Millionaire" is. Cheesy

Kidding aside, I don't know the exact reason, but I prefer DOGE more than LTC. Maybe because of the transaction speed? Maybe because of it's popularity? Maybe because of the fact that it's fees are lower than that of LTC. Overall, I don't see any reason why I'd choose Litecoin over DOGE. Wait, I already have a reason. It's because Elon Musk will add it into his platform X, and might be used for tipping those people. Well, that's the main use case of DOGE from the start so... yeah. Cheesy. As for Litecoin, there are no significant news regarding the project anymore, but that doesn't mean that the project is dead already.

Overall, both of them will pump during the bull run, so I guess holding both of them, then sell during the bull run isn't a bad idea, eh? Smiley

For starters, Litecoin has the "Mimblewimble" privacy feature and LN integration. You don't see that coming with Dogecoin. I think most people prefer Dogecoin on top of Litecoin because of its inexpensiveness. It's no secret that Dogecoin market prices are a hell of a lot cheaper than Litecoin. The latter has a limited supply, whereas Dogecoin's supply inflnitely expands over time. This makes the "meme" coin more suitable as a currency than a store of value.

Dogecoin's inflation rate should be able to keep market prices low for the forseeable future. How cool is that? Sometimes I wish Dogecoin would go back to being worth less than a cent (USD). Just like in the early days. Maybe it will happen after the hype fades away? Smiley

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