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Author Topic: Litecoin v. Bitcoin  (Read 43666 times)
bit3000
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November 05, 2015, 03:59:07 PM
 #581

I think LTC will serve as a backup for bitcoin, and it will stay here long term.

If something happens to BTC, LTC will take its place.


However I still think NXT has better future than LTC.
That's not possible.LTC can never back up Bitcoins.
No Cryptocurrency can be better than bitcoins.

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TheGr33k
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November 05, 2015, 04:03:24 PM
 #582

Since you're on a site dedicated to Bitcoin, we might all just say Bitcoin.
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November 05, 2015, 05:23:30 PM
 #583

Litecoin needs new development and more marketing to become successful. Even still, it might survive because it is one of the oldest alt coins out there and Bitcoin's brother. Maybe a Litecoin 2.0 would be a great idea.  Roll Eyes

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LiteCoinGuy
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November 05, 2015, 07:05:49 PM
 #584

Litecoin 100% up in the last weeks. not dead i guess  Cheesy

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November 05, 2015, 09:58:58 PM
 #585

Litecoin 100% up in the last weeks. not dead i guess  Cheesy

Nope it's still number 2 by convention after all aka market capital.
Although If I didn't know better your username is super bias  Cheesy (Just Kidding)

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November 05, 2015, 10:08:02 PM
 #586

If it ever comes down to litecoin v. Bitcoin, Bitcoin will win. It was the first ever coin and the most traded. Litecoin is there as an alternative only.

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November 05, 2015, 10:18:17 PM
 #587

Litecoin needs new development and more marketing to become successful. Even still, it might survive because it is one of the oldest alt coins out there and Bitcoin's brother. Maybe a Litecoin 2.0 would be a great idea.  Roll Eyes

What is there to develop in Litecoin itself though? The main part of it was that it was supposed to have more frequent block times and uses Scrypt, but that's just so plain now. A Litecoin 2.0 would probably not even be looked at as well. The only thing that could save it would be large Litecoin ecosystem developments, but still...

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November 05, 2015, 11:31:12 PM
 #588

Litecoin has a great volume market, but very small compared to bitcoin. Bitcoin will loose against bitcoin in all its marks.
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November 06, 2015, 12:14:20 AM
 #589

I dont really see Litecoin as bitcoin competition, i think they're too similar (from what little i have learned over the past few weeks)
but i dont see no reason why the two cannot healthily coincide together.

In fact, I've been contemplating making a purchase of some litecoin =)

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November 06, 2015, 12:16:49 AM
 #590

i think if you want to compare litecoin you should compare with other altcoin like XMR,Stellar,Doge etc
if comparing bitcoin and litecoin, then the difference is so far

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November 06, 2015, 06:37:38 AM
 #591

Litecoin 100% up in the last weeks. not dead i guess  Cheesy
litecoin rise up because price bitcoin is down,
not 100 % up dude, just rise %1-20% now the price is 0.009 btc

from first LTC always worth until now, i guess not dead
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November 06, 2015, 07:19:41 AM
 #592

Compare to Both Bitcoin is the King but There are a Up and Downs.
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November 06, 2015, 08:46:06 AM
 #593

Well the confirmation time is shorter which is a plus
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November 06, 2015, 05:55:01 PM
 #594

Well the confirmation time is shorter which is a plus

::le sigh::

...and also a minus.

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November 06, 2015, 11:51:41 PM
 #595

Well the confirmation time is shorter which is a plus
I think litecoin more faster than bitcoin if about confirmation,
Sometimes I took 15 minutes or more to get 1 confirmation when sent bitcoin
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November 07, 2015, 09:50:29 AM
 #596

I feel that $ return on LTC from here will be higher than BTC. I'm spreading 50/50. LTC more risk but greater returns.

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November 07, 2015, 03:44:34 PM
 #597

Well the confirmation time is shorter which is a plus
I think litecoin more faster than bitcoin if about confirmation,
Sometimes I took 15 minutes or more to get 1 confirmation when sent bitcoin

The block time of Ethereum is 12 seconds, it need 500 blocks to confirm a transaction in poloniex. so the total time is 6,000 seconds. For litecoin, the block time is 2.5 minutes, it needs at least 24 blocks to properly confirm a transaction.
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November 07, 2015, 11:09:48 PM
 #598

Litecoin would be better of if it would be a hybrid crypto coin (with PoW and PoS combined) Also, reducing the current supply to lower value would make Litecoins rare, which would result in a price increase. Then, it could compete along with Bitcoin with its price and demand. Just my thoughts  Roll Eyes

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PROGRESSIVE
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November 07, 2015, 11:17:15 PM
 #599

Bitcoin or Litecoin have advantages or disadvantages of each. because bitcoin use sha-256 and Litecoin use scrypt. and I prefer Litecoin. Bright future for Litecoin.

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November 08, 2015, 06:52:47 PM
 #600

Bitcoin or Litecoin have advantages or disadvantages of each. because bitcoin use sha-256 and Litecoin use scrypt. and I prefer Litecoin. Bright future for Litecoin.

Both algorithms are ASIC mineable, so there is not much difference in terms of mining. Scrypt was used by litecoin as it is ASIC resistant. I mined some litecoin  with GPU, but stopped since ASIC came out. Litecoin should change its hash algorithms to other GPU friendly one, but it did not. So there are fewer users now.
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