How is bitcoin better than litecoin? - page 8.

kingcolex

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Quote from: manselr on June 23, 2015, 11:14:53 AM

Quote from: Erza on June 23, 2015, 10:25:05 AM

Quote from: kingcolex on June 23, 2015, 10:05:41 AM

Quote from: scarsbergholden on June 23, 2015, 09:54:48 AM

Quote from: kingcolex on June 23, 2015, 09:08:09 AM

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

It make you wonder why bitcoin because it was the first of its class, is like pairing litecoin and feathercoin the people give its value, we could say bitcoin is a lot better organize with bigger players in the game.

Sorry I am bit confused but I am going to reply to the last part. I wouldn't say Bitcoin is more organized based off all of the drama with the blocksize but it definitely does has bigger players but does that really make it better? Does having more large companies trying to profit off a coin make it the better coin?

Yes it is true. Having more companies will make it a better coin. Larger companies bitcoin is depends on each people usage, the more usage the more

coin and the bigger is the company. I guess that is a lot of question why they are using bitcoin more than other coin. If there are no special things

about this coin compared to others it wont has a bigger player

Network effect is so damn important, people seem to not get it. The best technology isn't always the one that ends up winning, but in this case, there isn't even better technology... tell me a coin that is technologically better that companies would find worth it dumping their BTC based infrastructures and investments to jump on it.. there's none. All the geniuses of coding are in Bitcoin, or indirectly working in something related to it.

I get what you're saying and this is true we have seen it many times in the tech world but I think people are looking at it the wrong way. This isn't a betamax vs Vcr or an Hd Dvd vs Blu ray, this is a way to transfer money without a company needing to be around to make it possible. Litecoin doesn't need a ton of stores to accept it but it will have value as people like to hold it and trade it, we only see a couple coins really get any market acceptance but Litecoin at least has some.

krazey

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Quote from: Cryptock on June 25, 2015, 02:47:24 PM

Bitcoin has a lager crowd. Litecoin is just for pure trading

This. True for most other alt coins too.

Cryptock

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Bitcoin has a lager crowd. Litecoin is just for pure trading

AccountStore.biz

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Better in what way? A thing does not have to be better than something else for it to be more valuable than it.

mark coins

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It's likely the in the long run no alt coin will outperform bitcoin. its hard to say which alt coin will survive and hit critical mass

kingcolex

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Activity: 254

Merit: 1258

Quote from: scarsbergholden on June 23, 2015, 09:54:48 AM

Quote from: kingcolex on June 23, 2015, 09:08:09 AM

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

It make you wonder why bitcoin because it was the first of its class, is like pairing litecoin and feathercoin the people give its value, we could say bitcoin is a lot better organize with bigger players in the game.

Sorry I am bit confused but I am going to reply to the last part. I wouldn't say Bitcoin is more organized based off all of the drama with the blocksize but it definitely does has bigger players but does that really make it better? Does having more large companies trying to profit off a coin make it the better coin?

JarvisTechnology

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Activity: 350

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Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Litcoin is the previous version of digital currency and bitcoins are the earlier one.
Bitcoin has an active group of core developers which helps in implementing and making easy to use by every one.

Every thing has some drawbacks as Litcoin have for what "Bitcoin" introduced... Grin

goosoodude

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Quote from: LiteBit on June 25, 2015, 12:13:41 AM

Quote from: Herbert2020 on June 24, 2015, 11:32:36 PM

Quote from: kingcolex on June 23, 2015, 09:08:09 AM

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

you can not compare bitcoin with paypal at this stage. bitcoin is at its early stages and still needs more time and acceptance while paypal was around much more time hence the bigger market.

Paypal IPO'd 4 years into existence @ 1.5 billion. Bitcoin is in year 5.

You can't compare that. Paypal was implemented in a worldwide and huge business. It could be marketed HUGE and without costs by ebay. And they pressed hard so that users had to use paypal. The result was paypal getting a widely used worldwide currency.

Bitcoin instead had nothing like that. So that bitcoin is at the state it is now shows that there is some value in it.

feverpitch

full member

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Bitcoin isn't better it's just adopted and taken better by the mainstream. Bitcoin could easily be Litecoin and we'd be in the same position, but Bitcoin reached the market first.

Just my thoughts though.

kingcolex

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Activity: 254

Merit: 1258

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

LiteBit

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Quote from: Herbert2020 on June 24, 2015, 11:32:36 PM

Quote from: kingcolex on June 23, 2015, 09:08:09 AM

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

you can not compare bitcoin with paypal at this stage. bitcoin is at its early stages and still needs more time and acceptance while paypal was around much more time hence the bigger market.

Paypal IPO'd 4 years into existence @ 1.5 billion. Bitcoin is in year 5.

Herbert2020

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Quote from: kingcolex on June 23, 2015, 09:08:09 AM

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

you can not compare bitcoin with paypal at this stage. bitcoin is at its early stages and still needs more time and acceptance while paypal was around much more time hence the bigger market.

roadbits

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LTC price follows BTC but mostly for speculation reasons. Also it may have developers actively supporting it but provides nothing new or innovative against bitcoin. So between the two the choise is obvious.

kingcolex

sr. member

Activity: 254

Merit: 1258

Quote from: Amph on June 23, 2015, 06:47:06 AM

Quote from: LiteBit on June 23, 2015, 06:23:33 AM

Quote from: Amph on June 23, 2015, 02:48:21 AM

Quote from: Wexlike on June 22, 2015, 03:42:11 PM

Quote from: Amph on June 22, 2015, 01:10:22 AM

Quote from: cbeast on June 21, 2015, 05:00:25 PM

A better question: why is litecoin better than monero?

isn't dash better than monero, they shares the same thing, but dash is a more suited name for a coin than monero can even dream about

monero problem is its name really nothing else

and litecoin isn't better than monero, people are more attached to it for emotional reasons...

Uhm, that is simply not true. The technology behind monero is new and based on cryptonote, including a baseline anonymity feature. For example, you can't even know who has the most coins, or create a "rich-list". Moneros blockchain is not parsable.

you know that dashcoin has the same algorithm as monero which is cryptonight, so they share the same ring signature and the same level of anonimity, but the difference is that dash ahs a vbetter name

also monero wasn't the first that utilize cryptonight, it was bytecoin...

Wow! So very wrong!

Dash uses X11. They are very proud of inventing it. And Dash doesn't use ring sigs they use the masternode system, they also invented, for their anonymity.

All cryptonote coins like monero can do anonymous transactions without the help of anyone else because of ring sigs. Dash users need the help of masternodes to mix their coins to do anonymous transactions.

no it does not use x11 see https://bitcointalksearch.org/topic/dsh-dashcoin-cryptonote-automated-source-678232

first line Algorithm: CryptoNight

if there was another dashcoin in the past that was x11, then i'm not aware of it, and probably it vanished, or perhaps they changed the algo, i don't know

what i know is that dash is using cryptonigh

I honestly feel like you're trolling right now, but since it's the always angry monero kids I am kind of supportive. Well keep up the good work then Cool

LiteBit

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Because this

pereira4

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Quote from: kingcolex on June 23, 2015, 12:16:17 PM

Quote from: manselr on June 23, 2015, 11:14:53 AM

Quote from: Erza on June 23, 2015, 10:25:05 AM

Quote from: kingcolex on June 23, 2015, 10:05:41 AM

Quote from: scarsbergholden on June 23, 2015, 09:54:48 AM

Quote from: kingcolex on June 23, 2015, 09:08:09 AM

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

It make you wonder why bitcoin because it was the first of its class, is like pairing litecoin and feathercoin the people give its value, we could say bitcoin is a lot better organize with bigger players in the game.

Sorry I am bit confused but I am going to reply to the last part. I wouldn't say Bitcoin is more organized based off all of the drama with the blocksize but it definitely does has bigger players but does that really make it better? Does having more large companies trying to profit off a coin make it the better coin?

Yes it is true. Having more companies will make it a better coin. Larger companies bitcoin is depends on each people usage, the more usage the more

coin and the bigger is the company. I guess that is a lot of question why they are using bitcoin more than other coin. If there are no special things

about this coin compared to others it wont has a bigger player

Network effect is so damn important, people seem to not get it. The best technology isn't always the one that ends up winning, but in this case, there isn't even better technology... tell me a coin that is technologically better that companies would find worth it dumping their BTC based infrastructures and investments to jump on it.. there's none. All the geniuses of coding are in Bitcoin, or indirectly working in something related to it.

I get what you're saying and this is true we have seen it many times in the tech world but I think people are looking at it the wrong way. This isn't a betamax vs Vcr or an Hd Dvd vs Blu ray, this is a way to transfer money without a company needing to be around to make it possible. Litecoin doesn't need a ton of stores to accept it but it will have value as people like to hold it and trade it, we only see a couple coins really get any market acceptance but Litecoin at least has some.

Yup, there are always a lot of examples to this, for example with videogames. When the Gameboy came out it was awesome, but then they announced the GameGear which smashes the Gameboy technology wise, but guess what, it was a big flop and it never got even close to the Gameboy's amazing fame or "network effect."
Same for the Saturn vs the Playstation, or the Dreamcast vs Playstation 2... network effect and a powerful brand is half of the success.

Netnox

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Quote from: WhatTheGox on June 23, 2015, 08:05:30 AM

Quote from: Netnox on June 23, 2015, 07:22:40 AM

Bitcoin is the most well known, has the most users, gets the most promotion, but doesn't mean others are less better.

Well no it depends on what you are judging the contest on. If its just code quality then bitcoin isnt the best. If its popularity and usability then it is the clear winner.

Yes i actually meant regarding coding quality and some features, particularly in some 2.0 startups.

manselr

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Activity: 868

Merit: 1006

Quote from: Erza on June 23, 2015, 10:25:05 AM

Quote from: kingcolex on June 23, 2015, 10:05:41 AM

Quote from: scarsbergholden on June 23, 2015, 09:54:48 AM

Quote from: kingcolex on June 23, 2015, 09:08:09 AM

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

It make you wonder why bitcoin because it was the first of its class, is like pairing litecoin and feathercoin the people give its value, we could say bitcoin is a lot better organize with bigger players in the game.

Sorry I am bit confused but I am going to reply to the last part. I wouldn't say Bitcoin is more organized based off all of the drama with the blocksize but it definitely does has bigger players but does that really make it better? Does having more large companies trying to profit off a coin make it the better coin?

Yes it is true. Having more companies will make it a better coin. Larger companies bitcoin is depends on each people usage, the more usage the more

coin and the bigger is the company. I guess that is a lot of question why they are using bitcoin more than other coin. If there are no special things

about this coin compared to others it wont has a bigger player

Network effect is so damn important, people seem to not get it. The best technology isn't always the one that ends up winning, but in this case, there isn't even better technology... tell me a coin that is technologically better that companies would find worth it dumping their BTC based infrastructures and investments to jump on it.. there's none. All the geniuses of coding are in Bitcoin, or indirectly working in something related to it.

cozk

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Activity: 812

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Bitcoin has notoriety. Something all other alt coins don't have.

Erza

legendary

Activity: 1078

Merit: 1000

Quote from: kingcolex on June 23, 2015, 10:05:41 AM

Quote from: scarsbergholden on June 23, 2015, 09:54:48 AM

Quote from: kingcolex on June 23, 2015, 09:08:09 AM

Quote from: Alecabel on June 23, 2015, 09:00:29 AM

Quote from: quantumgravity on June 20, 2015, 10:59:41 PM

Well? Let's hear it.

Obviously Bitcoin is much better than litecoin.Because Bitcoin has big market and world wide acceptance.

A large market and acceptance doesn't mean it is better by that standard then paypal is better than Bitcoin and we all know that is just not true.

It make you wonder why bitcoin because it was the first of its class, is like pairing litecoin and feathercoin the people give its value, we could say bitcoin is a lot better organize with bigger players in the game.

Sorry I am bit confused but I am going to reply to the last part. I wouldn't say Bitcoin is more organized based off all of the drama with the blocksize but it definitely does has bigger players but does that really make it better? Does having more large companies trying to profit off a coin make it the better coin?

Yes it is true. Having more companies will make it a better coin. Larger companies bitcoin is depends on each people usage, the more usage the more

coin and the bigger is the company. I guess that is a lot of question why they are using bitcoin more than other coin. If there are no special things

about this coin compared to others it wont has a bigger player

Topic: How is bitcoin better than litecoin? - page 8. (Read 11725 times)