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Topic: Advantages of Litecoin? - page 2. (Read 2289 times)

legendary
Activity: 2268
Merit: 1278
March 08, 2015, 11:22:50 AM
#10
Faster confirmations don't matter. Given equal network strength, you need 4 litecoin confirmation to equal each bitcoin confirmation. Given the fact that the network strengths are not equal, you need considerably more. Someone else can run those numbers for chuckles.
sr. member
Activity: 478
Merit: 250
March 08, 2015, 10:59:58 AM
#9
The most advantage of Litecoin is its popularity.

But its value still decreasing that makes its advantage unsustainable.

Litecoin needs innovative developers like Darkcoin to keep its value grow again.
legendary
Activity: 1876
Merit: 1000
March 08, 2015, 10:31:13 AM
#8
Big volume with high liquidity.

Its a slightly faster version of Bitcoin and that is all to it. It is going to keep dropping slowly and eventually die.

no chance because us traders love it  Grin
hero member
Activity: 1022
Merit: 500
March 08, 2015, 10:03:04 AM
#7
What are the advantages of Litecoin over bitcoin (or any other altcurrency)?

It's faster, but too fast?
more secure?
is acceptance and an economy emerging, like for btc?

Just some thoughts.. Interested in the forum opinions, thanks.


Faster is a really good one, it is more user friendly to buy smaller items it is by far the best alt to btc all these others are just wanna b's

Only confirmations are faster, not the transaction.
legendary
Activity: 929
Merit: 1000
March 08, 2015, 09:16:43 AM
#6
It used to be resistant to mining with ASICs, but now you can buy specially designed ASICs to mine it with. That was its biggest advantage over bitcoin.
hero member
Activity: 639
Merit: 500
March 08, 2015, 08:08:18 AM
#5
Big volume with high liquidity.

Its a slightly faster version of Bitcoin and that is all to it. It is going to keep dropping slowly and eventually die.
legendary
Activity: 1876
Merit: 1000
March 08, 2015, 03:37:32 AM
#4
over most alts one of the very few not designed to make the original dev fiat, so pretty much as fair as they get.

over all alts, greater liquidity then any other in fact greater liquidity then all other alts combined, which in real world markets liquidity is of greater importance then price.


over bitcoin, its original dev is not anon, bitcoin's anon dev maybe worshiped around here but outside in the mainstream community an anon creator well, conveys less trust (whether that be real or imaginary especially if that anon dev holds a significant % of that coin).

newbie
Activity: 18
Merit: 0
March 07, 2015, 10:40:02 PM
#3
It's the biggest altcoin, second biggest market cap in cryptocurrencies, uses a different hashing algorithm, and I think that's it.

I don't see faster confirmations as factor with big weight, pretty sure there are a lot of alts with way faster confirmations and nobody cares about them...

Litecoin ecosystem also pretty good, it is traded in a lot of exchanges and has an active development.
hero member
Activity: 658
Merit: 500
March 07, 2015, 09:38:44 PM
#2
What are the advantages of Litecoin over bitcoin (or any other altcurrency)?

It's faster, but too fast?
more secure?
is acceptance and an economy emerging, like for btc?

Just some thoughts.. Interested in the forum opinions, thanks.


Faster is a really good one, it is more user friendly to buy smaller items it is by far the best alt to btc all these others are just wanna b's
member
Activity: 112
Merit: 10
MailGhost
March 07, 2015, 09:14:56 PM
#1
What are the advantages of Litecoin over bitcoin (or any other altcurrency)?

It's faster, but too fast?
more secure?
is acceptance and an economy emerging, like for btc?

Just some thoughts.. Interested in the forum opinions, thanks.
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