Litecoin v. Bitcoin

[Abiky]

Here's what I think: Bitcoin is widely used among many people and it's the most valuable crypto. As for Litecoin, it is a good coin. The problem is that Litecoin has lack of development and no real innovation. So the only thing that Litecoin is good for right now is for holding until there's an increase in price (hopefully until the next block halving) Just my opinion. Please correct me if I'm wrong 

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[gentlemand]

Actually you are quite wrong, and honestly I cant blame you because (I assume? If I am wrong please let me know) you arent involved with Litecoin that much. Adamantly its always in the same breath as Litecoin, but we get scrutinized by banks and governments almost as much as Bitcoin. Perfect example can be seen here where the HM treasury specifically references Litecoin.

https://www.gov.uk/government/news/bitcoin-litecoin-how-could-digital-currencies-revolutionise-the-way-we-pay

Banks are also asking if someone is involved in Bitcoin OR Litecoin. I'm not going to search the whole internet for examples, but hopefully this shows that there is increased attention and scrutinization beyond your assumptions.

Er, where is Litecoin's - Circle, Coinbase, Bitpay, GBTC, ETN, ATMs, merchant acceptance, Factom and on and on.

A few mentions hither and thither does not make heat.

Litecoin could easily plug into all the above services. There's a certain other coin that inspired people to make them all possible.

[faridkifly]

I am so confused.

What is better?  Which one do you guys recommend more?

Thank you for your time

i recommend bitcoin.
because i think bitcoin is better than litecoin&other coin. the rate so, i think bitcoin is the highest

[Agaguk24]

Litecoin has been steadily going down; it does not bring anything new to the table compared to Bitcoin. There are many other alt coins which are more innovative; they should do better than Litecoin in the long run...

[kelsey]

Litecoin has been steadily going down; it does not bring anything new to the table compared to Bitcoin. There are many other alt coins which are more innovative; they should do better than Litecoin in the long run...

newbie shills repeating this ad nauseam doesn't make it true  

[RealBitcoin]

Litecoin is a backup for bitcoin, as i view it.

If bitcon gets fucked by this blocksize debate, the most likely litecoin will take its place.

All merchants can easily integrate litecoin just like bitcoin, so the transition would be very fast.

[addy boy]

Litcoin price is much more volatile than the bitcoin I will say choose the bitcoin as it can have many surpriseing gifts during the journey...try to ride it as long as you can to get a good profit

[maokoto]

Litecoin is a backup for bitcoin, as i view it.

If bitcon gets fucked by this blocksize debate, the most likely litecoin will take its place.

All merchants can easily integrate litecoin just like bitcoin, so the transition would be very fast.

Agree. Is a lifeboat. And a "second best" or several of them is a normal thing, and they use to survive to and even they get equal or surpass the first idea. Facebook - Google +, Coke - Pepsi, iOS - Android ... etc.

Bitcoin will hardly survive alone. It is very likely that other alts would do it too, and litecoin is a very likely one.

[RealBitcoin]

Litecoin is a backup for bitcoin, as i view it.

If bitcon gets fucked by this blocksize debate, the most likely litecoin will take its place.

All merchants can easily integrate litecoin just like bitcoin, so the transition would be very fast.

Agree. Is a lifeboat. And a "second best" or several of them is a normal thing, and they use to survive to and even they get equal or surpass the first idea. Facebook - Google +, Coke - Pepsi, iOS - Android ... etc.

Bitcoin will hardly survive alone. It is very likely that other alts would do it too, and litecoin is a very likely one.

Well if the blocksize debate turns out bad, then the litecoin guys will know what not to do.

Bitcoin is the biggest crypto, but its also the lab-rat that is being tested for this new technology, so its risky to hold it.

Thats why i diversified my portfolio in the coins i have next to my avatar to get an idea how to manage risk in crypto

[RGBKey]

Not many people use Litecoin compared to Bitcoin at all, its an altcoin, a fork of Bitcoins code.

[thehairymob]

Litecoin has been steadily going down; it does not bring anything new to the table compared to Bitcoin. There are many other alt coins which are more innovative; they should do better than Litecoin in the long run...

We can't really tell what will happen but I don't think Ltc will simply vanish. Not yet anyways as the fall in price recently has followed a mini bubble which saw the price rise quite sharply. So the recent decrease has been the market redressing itself to what it should be. There will a few more jumps and falls before it settles for a bit. Then we will go through it all again and tht is when we will have these doom predictions fill the forums again.

[Agaguk24]

Litecoin has been steadily going down; it does not bring anything new to the table compared to Bitcoin. There are many other alt coins which are more innovative; they should do better than Litecoin in the long run...

newbie shills repeating this ad nauseam doesn't make it true  

Well what was it that I said that wasnt true, please? Litecoin price has been very disappointing lately... and Litecoin is the same PoW principle as the Bitcoin; its just that there is more of it. Is there room in the economy for both these very similar coins? I am not so sure. Many altcoins however are working really hard to innovate and bring new ideas to the table, is also what I am noticing as a Newbie as you say.

[l3sny]

Litecoin is a national currency of the free people from China There always will be demand for it.

[Agaguk24]

Litecoin is a national currency of the free people from China There always will be demand for it.

Ah yes, I forgot this one, but it is a good point. Chinese identity is definitely there, and might help LTC in the long term this is true.

[butdabass]

of course i suggest you to choose bitcoin,the price is better,and more fluctuative..

[melrio]

Bitcoin has more potential but because of the recent news about the fork its in a fragile position

[jasonvon]

Litecoin if you want to basically pump and dump bitcoin for the future

[pooya87]

Litecoin has been steadily going down; it does not bring anything new to the table compared to Bitcoin. There are many other alt coins which are more innovative; they should do better than Litecoin in the long run...

newbie shills repeating this ad nauseam doesn't make it true 

then you prove us newbies wrong!
does litecoin bring anything new that is actually useful when it comes to using it as a currency? NO
is litecoin price growing? NO
is it a good idea to invest in litecoin? probably not

[ozzyaa]

I went with Bitcoin because it has much more information scattered around and is more established. Litecoin doesnt have many guides and I struggled to learn about it due to lack of resources

[hirsch2009]

You only have to look at the price difference and the amount of people who use the both coins. I would say Bitcoin is in the lead by far due to its price and future price and the amount of people who use it everyday isnt litecoin just a clone without changing anything anyway?