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Author Topic: Litecoin v. Bitcoin  (Read 43664 times)
gentlemand
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September 02, 2015, 04:34:23 PM
 #381


I guess you would have to define "pressure". A lot of the pressure, publicly at least, has been artificially created.


Litecoin, whatever its merits are, isn't bearing the weight of varying expectations. It's mined, traded on exchanges, a handful of merchants are accepting it and that's it.

There aren't any separate financial instruments in the works, there aren't heavyweight holders from beyond cryptoland that we know about and dark markets don't use it.

It can happily tick away with a harmonious community because it's not on the front line being battered from all directions. If LTC suddenly became the daddy then all of the same arguments, vested interests, political wranglings and nefarious actors would descend upon it.

It's very easy to say things are smooth when everyone's on the same page. If it stopped hiding in BTC's shadow and started leading the way that would grind to a halt.
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September 02, 2015, 04:37:45 PM
 #382

Bitcoin & Ethereum

neochiny
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September 02, 2015, 04:43:07 PM
 #383

I am so confused.

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

Thank you for your time

better to use? or better to invest?
for me its the common answer BITCOIN... litecoin is more risky if you will ask me..
unlike bitcoin.. i think it will really go up.. but you can also use litecoin for trade... more of bitcoin users doing it.
so , goodluck.. Tongue

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maokoto
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September 02, 2015, 04:45:12 PM
 #384

Litecoin can become slowly the "trading" altcoin. There is at least a trading site I know in which is much easier to move around using litecoin, as doing sells and buys in Bitcoin has a higher minimum.

I feel that traders can adjust prices more with a lower value coin that is still as fractional as Bitcoin, and can be transferred quicker.

Sure, there are other alts, but they do not have near the same popularity as litecoin.

Yerm
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September 02, 2015, 06:56:02 PM
 #385

Ltc just doesnt have the popularity that btc does
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September 02, 2015, 08:13:52 PM
 #386

I am so confused.

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

Thank you for your time
Both are good.Litecoin is a long term investment while bitcoin can give you returns in short period of time

adamstgBit
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September 02, 2015, 08:17:21 PM
 #387

I am so confused.

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

Thank you for your time
Both are good.Litecoin is a long term investment while bitcoin can give you returns in short period of time

i think you got that backward

LTC will become increasingly less important as newer better alts are created

BTC will always be important because of many many factors.

new alts will always be more risky, simply because they are new and untested.

White sugar
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September 03, 2015, 03:55:36 AM
 #388

I am so confused.

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

Thank you for your time
Both are good.Litecoin is a long term investment while bitcoin can give you returns in short period of time

I disagree.

Litecoin is good for short term profits, like happened recently in the last $300 break, but in the long run it is falling more than BTC.

In the long run, if any crypto reaches moon, will be more than likely BTC, and not LTC or other alt
BitcoinMagician
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September 03, 2015, 04:09:53 AM
 #389

Litecoin really came to life before its halving, but now, it seems like it's going to go back to its old self. It's going to keep dropping in price, flatting out at some point above $0.7, I think. That is, unless it manages to recover in about 2 months (which is a timeframe I arbitrarily came up with). Bitcoin is far more useful, therefore, the one with a brighter future.
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September 03, 2015, 04:41:12 AM
 #390

litecoin i think doesnt stand out much than bitcoin

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September 03, 2015, 05:58:06 AM
 #391

Question without answer. For what you must choose? Bitcoin is superior in every kind of way. It is the original. All the other coins are clones. Even for using, bitcoin have no comparison with any other coin (which is the most probably thing that can be compared between both).
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September 03, 2015, 07:25:18 AM
 #392

Ltc just doesnt have the popularity that btc does

and it's the best among the one with the highest popularity, with doge maybe, but not anymore

especially now it's better to focus in bitcoin and nothing else, other coins have not reason of existing, now that every good test was done about cryptoworld
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September 03, 2015, 11:00:50 AM
 #393

Ltc just doesnt have the popularity that btc does

LTC doesn't offer much more than Bitcoin. It will always be just a bit improved copy of Bitcoin. On the other side, Bitcoin has a first mover advantage that will give it a long term advantage over all coins, not just LTC.

LTC has also faded into a oblivion with all other alts this year, since we are currently in a crypto depression. Also, latest pump and dump of the Chinese group has done damage to Litecoin. I am not saying the same is not happening in Bitcoin, but at least nobody admits it publicly.
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September 03, 2015, 04:31:01 PM
 #394

I love bitcon more than litecoin.
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September 03, 2015, 04:34:55 PM
 #395

I love Bitcoin more than all Shitcoin
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September 03, 2015, 04:51:52 PM
 #396

i feel like btc is better because it just has a lot more awareness and popularity than ltc. merchants are starting to accept btc but i haven't seen a single merchant accepting ltc.
maokoto
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September 03, 2015, 05:41:49 PM
 #397

Maybe if the fork finally comes to pass or there is no consensus people will go to litecoin. You never know ... markets are so strange.

It is true that it does not add much, but that might change if one team of developers is enthusiastic and strong and the other is not. Just maybe. Popularity is a big thing, and it favors Bitcoin.

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September 04, 2015, 04:33:04 AM
 #398



Litecoin will do what it needs to do in order to scale when the time comes, and I can guarantee you that it will be much smoother than what is going on with Bitcoin right now.


LTC will never be better in bitcoin.. when stress test happen in LTC can become dead coin or no value..
as of now LTC dont experience Pressure thats why you can say that run smoothly..
but when stress come value of it can go lower and lower until no one use..
bitcoin value dont go lower because it high and even stress test come price of it cant lower than LTC..
but think if the bitcoin price is like LTC and experience stress test..do you think it will survive?




I find it very interesting that you included your first statement "LTC will never be better in Bitcoin" (I assume you mean better than?).


Litecoin did in fact experience the same thing, and it was in the form of an attack (which some folks claim has happened with Bitcoin recently beyond Coinwallets stress test). I address this very specifically in an interview I did somewhat recently.

http://bitcoinist.net/exclusive-interview-andrew-vegetabile-litecoin-update/

You can also find Charlie talking about this same thing here (also linked in the article)

https://www.reddit.com/r/Bitcoin/comments/3ci25k/the_current_spam_attack_on_bitcoin_is_not/





I guess you would have to define "pressure". A lot of the pressure, publicly at least, has been artificially created.


Litecoin, whatever its merits are, isn't bearing the weight of varying expectations. It's mined, traded on exchanges, a handful of merchants are accepting it and that's it.

There aren't any separate financial instruments in the works, there aren't heavyweight holders from beyond cryptoland that we know about and dark markets don't use it.

It can happily tick away with a harmonious community because it's not on the front line being battered from all directions. If LTC suddenly became the daddy then all of the same arguments, vested interests, political wranglings and nefarious actors would descend upon it.

It's very easy to say things are smooth when everyone's on the same page. If it stopped hiding in BTC's shadow and started leading the way that would grind to a halt.


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.





Bottom line here, and this entire thread, is that opinions are like assholes. Everyone has one. There are die hard BTC supporters, there are money grabbers, there are Litecoin supporters, and those in between each one. All I know is that I am a Litecoin supporter AND a Bitcoin supporter, as with nearly everyone involved with Litecoin. Personally im in this for crypto and the possibilities it brings, and I am doing my small part in order to bring cryptos to the world.

Follow me on twitter https://twitter.com/TheRealMage for Litecoin and Litecoin Association news!
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September 04, 2015, 11:23:43 AM
 #399

lots of people uses litecoin just for trading
like when ltc/btc price goes fown they buy and when goes up they sell
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September 04, 2015, 02:38:54 PM
 #400

lots of people uses litecoin just for trading
like when ltc/btc price goes fown they buy and when goes up they sell

You're so smart. I wish I can grow up to be a genius like you. People use btc and ltc for way more then just speculation. It's used to by products and services in the real world everyday.


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