The op doesn't sound too reasonable to me. Even though there are various platform, ethereum is still the most famous and trusted one. Why? Because it was the first of its kind, just like bitcoin was the first cryptocurrency, IOTA is the first coin with non-blockchain tech. These kinds of things turn out to be important in the world of cryptocurrencies. Litecoin doesn't offer anything new in comparison with bitcoin, but it is the first clone of bitcoin and even this matters.
Yet litecoin is not innovative enough to build a top platform. That's why I don't think this will ever be the case.
Topic: Litecoin is better invest than ETH - page 2. (Read 414 times)
On what basis in
Litecoin is better to invest than ETH. After all, ETH is much better
Litecoin is better to invest than ETH. After all, ETH is much better
Charlie Lee the founder of Litecoin has left with selling and donating all his coins. Though he clarified that he's not leaving it, it's the same when he has no value associated with the project. Litecoin is a dying coin now.
He sold his coins because he wanted to have no influence over the Litecoin network. Just like Satoshi went missing to accomplish the same thing. We can't say the same thing for ETH. Vitalik has a huge chunk of ETH in his bag and he has the power to fork the chain and kick anyone out whenever he wants.
To me, It is ETH who is dying. LTC was here long before ETH and will be here even after ETH. Cardano, NEO, EOS are coming and one of these will replace Eth soon.
Charlie Lee the founder of Litecoin has left with selling and donating all his coins. Though he clarified that he's not leaving it, it's the same when he has no value associated with the project. Litecoin is a dying coin now.
litecoins is photocopy of bitcoins,,though etherum has a great potential more than litecoins,,the current price of etherum is huge than litecoins
Litecoin is a coppy of Bitcoin and didnt have any ecosytem to make profit. ETH is Open source code with any dev, they can create their ICO and collect fund to grow blockchain crypto world, Ethereum always Queen and no one can defeat it. I also waiting ETH become the KING of crypto one day
ETH has too many problems waiting to get solved (which probably won't get solved at all) while Litecoin has almost none.
*Dev team refuses to take action against the ASICs which created a huge dissatisfaction among the GPU miners who were the most hardcore shills of ETH since the beginning. Now they have to make business with Bitmain shills over GPU shills. Less shills shilling your product = You lose market share. ETH is going to lose market share. This is not just because the Devs have chosen some party over another btw. The ETH whitepaper clearly stated that their algo was ASICs resistant and it really was. GPU miners thought devs would protect their ass in case ASICs show up. They were wrong. They are cheated.
*ETH has no hard cap on max supply. Basically the amoount of ETH can exist is infinite. It is still unclear if they will introduce hardcap or not in the future. I am not saying hard cap is a good thing or not, it is just another uncertainty. It simply screams: They don't know what they are doing.
*Too many ICO's on the same platform which has a CEO who can fork the project at any time if he isn't pleased with "something". Investors should know, there was a "DAO incident" before And DAO itself only executed the code. There was no hack but Vitalik forked the chain without a second notice. He can erase all your funds and kick you from his chain. This project is as centralized as US Dollars.
Tldr; Litecoin shits on Ethereum.
*Dev team refuses to take action against the ASICs which created a huge dissatisfaction among the GPU miners who were the most hardcore shills of ETH since the beginning. Now they have to make business with Bitmain shills over GPU shills. Less shills shilling your product = You lose market share. ETH is going to lose market share. This is not just because the Devs have chosen some party over another btw. The ETH whitepaper clearly stated that their algo was ASICs resistant and it really was. GPU miners thought devs would protect their ass in case ASICs show up. They were wrong. They are cheated.
*ETH has no hard cap on max supply. Basically the amoount of ETH can exist is infinite. It is still unclear if they will introduce hardcap or not in the future. I am not saying hard cap is a good thing or not, it is just another uncertainty. It simply screams: They don't know what they are doing.
*Too many ICO's on the same platform which has a CEO who can fork the project at any time if he isn't pleased with "something". Investors should know, there was a "DAO incident" before And DAO itself only executed the code. There was no hack but Vitalik forked the chain without a second notice. He can erase all your funds and kick you from his chain. This project is as centralized as US Dollars.
Tldr; Litecoin shits on Ethereum.
ETH or LITECOIN in my opinion are both good. Yes, most likely litecoin will overtake ethereum, although litecoins are very slowly progressing, but it has reminded us that litecoin is worth calculating in the future, I'm sure litecoin will co-exist with bitcoin in the future.
I think LITECOIN couldn't take the place of ETH. because ETH have 2rd ranked in crypto and popular than LITECOIN.
But one thing you need to be aware of is that Litecoin's current position is very strange.
Because its technology is not particularly good, I am not optimistic.
Because its technology is not particularly good, I am not optimistic.
nothing is impossible and no one knows for sure how the litecoin later. but I think that would be a tight competition for the bitcoin fixed ethereum. for the long term, I think this coin could grow larger.
ETH network have functions than simple copied from btc Litecoin.
And LitePay was canceled, i think ETH better and current price of this coins show this
And LitePay was canceled, i think ETH better and current price of this coins show this
What I hear a lot from many people - Litecoin is a cheap version of bitcoin, and that is why many people don’t take it seriously. Ethereum on the other side is a very strong and powerful project.
In terms of investment it’s hard to predict which one will grow faster. I personally have both in my portfolio.
In terms of investment it’s hard to predict which one will grow faster. I personally have both in my portfolio.
$BTC is every where and its most probably the first and primary currency. But with the recent increase of Litecoin which is 4x value against the $BTC I strongly believe that $LTC will continue to outperform $BTCC 2018.
I am in favour of Ethereum though eth was never developed as a currency.
Both are entirely different in functions. If you are comparing then in terms.of return on investment, ether has given far better.
I believe once team like Raiden Network will be able to make ether lighting fast, eth will become unbeatable.
Both are entirely different in functions. If you are comparing then in terms.of return on investment, ether has given far better.
I believe once team like Raiden Network will be able to make ether lighting fast, eth will become unbeatable.
As you all know, Ethereum is the coin only for smart contract. However, there is still NEO, Waves, EOS, Stellar, Achain, and soon maybe Rebellious, XAS... ETH is not a coin for invest, the only reason it was high because ETH's competitors still in develop and not popular yet. Litecoin, otherwise, is actually a younger brother of BTC, and Bitcoin Cash and it is accepted by the huge community.
So in the future, I strongly believe, ETH will be taken place by LITECOIN.
Is not Bitcoin holding on now on the same demand or as you said on trust and popularity. After all, we can also assume that the ether is able to at least reach the level of bitcoin and this is no longer seen as not real. Nobody argues that there are coins that are more effective than the ether, but they can not jump above their heads without innovations.So in the future, I strongly believe, ETH will be taken place by LITECOIN.
Actually, it's quite different. Trust is built on a lot of factors, and the community can still go the wrong way with their faith, because of profit. ETH seem like got a better price currently, however, you can see ETH's competitors growing strong. Try to ask yourself this question, if there is another project using NEO with lower fee (such as gas), and a promising future, will you invest it. Of course you will and if the company start using others (like EOS, Waves, Neo, etc.) and what do you think about ETH. Of course there is still company using ETH, but at that time, game changes. But most of company still accept BTC and LTC.
As you all know, Ethereum is the coin only for smart contract. However, there is still NEO, Waves, EOS, Stellar, Achain, and soon maybe Rebellious, XAS... ETH is not a coin for invest, the only reason it was high because ETH's competitors still in develop and not popular yet. Litecoin, otherwise, is actually a younger brother of BTC, and Bitcoin Cash and it is accepted by the huge community.
So in the future, I strongly believe, ETH will be taken place by LITECOIN.
So in the future, I strongly believe, ETH will be taken place by LITECOIN.
ltc will not takeover eth.. dont you know that 80% of all project used eth? really it still undervalued
D55
These coins have different functions. And I wouldn't say Ethereum is a bad choice for investment.
I think ETH is better than Litecoin. And if you invest in ETH, then you will get a profit faster.
Litecoin is silver as the bitcoin is gold. This means that both of them can provide good income to their investors. I'm not sure if litecoin is better than ethereum. Eth is very popular especially with ICOs. But even popularity doesn't mean that it can beat others in giving good earnings.
Jump to: