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Topic: If you want to use, really use coin, you should use Litecoin - page 2. (Read 1669 times)

hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
Well I'm planing to gamble with litecoins, first I started to collect litecoins from faucets and I buy litecoins occasionally, when I gather some decent amount I will try to make more with gambling, there is few casinos where we can gamble with litecoins.
Is there any other way to earn litecoins aside from faucets and of course buying them?
legendary
Activity: 1288
Merit: 1000
Without specific data: transaction ID where we can see how many bytes you sent, this revelation is questionable.
0.0001 fee is unfortunately no longer good enough is most cases, it's sad truth, but we are currently having a war fee.

There is a service which can accelerate your confirmation time: https://www.viabtc.com/tools/txaccelerator/
I know it is workaround and not standard solution, but it gets the job done.
hero member
Activity: 770
Merit: 629
well it depends on what you mean by practical. if you want to buy something with crypto currency online then bitcoin is the choice. very rare places also have litecoin as payment option.
if it is any other purpose it is still bitcoin because of the price. but litecoin can be used too.

Well, I don't very often use bitcoin to buy stuff, and it is a while ago.  But this thread inspired me to have a look at current fees, and if what is written here is right:

https://bitcoinfees.21.co/

then things are getting expensive.  If 50 000 satoshis are the average price to get your transaction through "normally", that is about $0.6 right now, or am I wrong ?  That is not a negligible amount any more as compared to fiat.

legendary
Activity: 2702
Merit: 1064
Juicin' crypto
rebranded WBB will actually BE used in the coming months, watch and learn people.  Cool
sr. member
Activity: 252
Merit: 250
From  a usable currency point of view, Litecoin beat Bitcoin.

 If you are in a  area under defunct government, Litecoin work much better than Bitcoin. That is all.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
one of the many great things about decentralization is that you can use whatever you want. if it is an altcoin like litecoin or if it is a completely random altcoin. and the rest of the world can choose to use bitcoin!

the thing about litecoin is that it is a copy of bitcoin with faster block generation nothing else! at least if it could activate segwit we could have said that litecoin is different but that has not happened yet.

and besides, litecoin is fast because it is not being used as much as bitcoin and nobody is spam attacking litecoin. most of the altcoins out there would die in half a day if the spam attack on bitcoin shifted there!
legendary
Activity: 1876
Merit: 1000
yes litecoin, a long time ago, became my reserve crypto for no other reason then it simply worked for me way better then bitcoin, i often wonder whether 99% of the bitcoin enthusiast actually use it, because if you did use it they'd notice tis not user friendly at all and hasn't been for the longest time.  
hero member
Activity: 742
Merit: 500
Transaction time is a big issue in bitcoin.But it can be solved if the block size was increased from 1 MB.Day by day,bitcoin users are becoming more.We cant choose a coin based on this single factor transaction.We should take lots of factors into consideration. Lets hope the best with bitcoin.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
Two days ago, I sent two transactions.
0.15 Bitcoin, 0.0001 fee, after 48 hours, still not cleared.
2 litecoins, no fee, took my chance, and it was done almost instantly.

I think, bitcoin is not practical to be useful now a days. In contrast, Litecoin can be sued as a currency, and its price is stable, although it keep going down and down.

bro 10k satoshi in fee is very minimal these day, you need to pay 36k satoshi, no wonder many transaction are stuck, people don't know how much to pay with bitcoin, they still believe we are stuck at 10k satoshi, what about using an accelerator they work really good and speed up your transaction quickly, and btw litecoin have not this issue because litecoin have a very small amount of tx per day not comparable with the king bitcoin
hero member
Activity: 2926
Merit: 567
This is a known issue nowadays the congested transaction and something needs to be done fast, but to be substitute Litecoin for Bitcoin is wrong, Litecoin team has not even thinking of challenging Bitcoin dominance, though I have my issues with Dash but they are aiming for that Bitcoin position but Litecoin team is not

They can work and co-exist,in the future we will  be needeing at least 20 working and community supported crypto currency and litecoin is very much qualified,I admire the people of litecoin,they deserve to be in the top position and we also must this support this coin,they have been here through the years.
hero member
Activity: 630
Merit: 500
This is a known issue nowadays the congested transaction and something needs to be done fast, but to be substitute Litecoin for Bitcoin is wrong, Litecoin team has not even thinking of challenging Bitcoin dominance, though I have my issues with Dash but they are aiming for that Bitcoin position but Litecoin team is not
legendary
Activity: 980
Merit: 1000
Two days ago, I sent two transactions.
0.15 Bitcoin, 0.0001 fee, after 48 hours, still not cleared.
2 litecoins, no fee, took my chance, and it was done almost instantly.

I think, bitcoin is not practical to be useful now a days. In contrast, Litecoin can be sued as a currency, and its price is stable, although it keep going down and down.
if the price was down and down i think that is not stable and if your aim is how to decrease the fees besides Litecoin you also could transactions using Doge because the fees also very low for every transactions using Doge but i think this is gonna works only if we send to another altcoins users only but the problem is usually people will use bitcoin and very difficult to avoid the fees
legendary
Activity: 1946
Merit: 1137
Two days ago, I sent two transactions.
0.15 Bitcoin, 0.0001 fee, after 48 hours, still not cleared.

you should report the "size of transaction in byte not in bitcoin" for all we know you send a 5000 byte transaction with 10000 satoshi fee!
even if your transaction was the smallest 40 satoshi/byte is still very small.

Quote
2 litecoins, no fee, took my chance, and it was done almost instantly.

again the same thing here. the size of transaction in byte is important not the amount you send.

Quote
I think, bitcoin is not practical to be useful now a days. In contrast, Litecoin can be sued as a currency, and its price is stable, although it keep going down and down.

well it depends on what you mean by practical. if you want to buy something with crypto currency online then bitcoin is the choice. very rare places also have litecoin as payment option.
if it is any other purpose it is still bitcoin because of the price. but litecoin can be used too.

and just FYI price of litecoin has been very stable and good. it is still worth $3.78 as i am typing this and it has been around 3.5-3.8 dollar for a long time. so i don't know what you mean by "price going down and down"!
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
Two days ago, I sent two transactions.
0.15 Bitcoin, 0.0001 fee, after 48 hours, still not cleared.
2 litecoins, no fee, took my chance, and it was done almost instantly.

I think, bitcoin is not practical to be useful now a days. In contrast, Litecoin can be sued as a currency, and its price is stable, although it keep going down and down.
I think some of coins are much better to perform there function . And one of them is litecoin (small form of bitcoin ) .
But here I think the main issue of confirmation in the litecoin is very loss then in bitcoin due to load of the users of bitcoiners .
But if you are getting better facility in litecoin than in bitcoin then you should continue your work with bitcoin in form of litecoin but be careful that about all altcoins Are depended upon bitcoin.
sr. member
Activity: 252
Merit: 250
Two days ago, I sent two transactions.
0.15 Bitcoin, 0.0001 fee, after 48 hours, still not cleared.
2 litecoins, no fee, took my chance, and it was done almost instantly.

I think, bitcoin is not practical to be useful now a days. In contrast, Litecoin can be sued as a currency, and its price is stable, although it keep going down and down.
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