Litecoin or Silver? | Bitcointalksearch.org

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: bitterguy28 on October 31, 2024, 05:12:46 AM

Quote from: Abiky on October 28, 2024, 04:54:54 PM

The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you.

I'd rather choose nothing than those two .

Litecoin is a dying crypto(of course that is exaggerating but that is how I see it) while silver is a super slow moving investment so I will not choose anything .

My money will go in vain if I have one of those .

Bitcoin is still my choice lol.

litecoin market cap is still really big around $5 billion

i don't think it can be called dying, it's nowhere near that, this market cap alone still a lot bigger compared to any newly released coin out there, litecoin itself has strong foundation, having existed for long and going through so many bullish cycle and the value still somewhat retained (though yes it dumps from ATH by a lot).

but if we are talking about the price growth so far, yes it's kinda dying, probably because it lacks smart contract capability of the blockchain, on the other hand, all the money going to bitcoin. rarely I find financial institutions that invested to litecoin.

FinneysTrueVision

sr. member

Activity: 1680

Merit: 379

Top Crypto Casino

I’m not sure what use case Litecoin serves. It has cheaper fees than Bitcoin but so do a lot of other coins. Other blockchains have the added benefits of advanced smart contract functionality. If MWEB had more adoption, it might be useful as a privacy coin. for the time being, I would consider silver to be a much better investment and this is reflected in the price charts. Litecoin is trading at the same price as one year ago even though Bitcoin is very bullish. Silver has had a nice pump this year, following similar trends as other precious metals.

Webetcoins

hero member

Activity: 2100

Merit: 545

Leading Crypto Sports Betting & Casino Platform

Looking at how undervalued litecoin is, it would be a shame not to pick litecoin on this versus. I am not really a silver or gold kind of guy so I can't really be fair on this comparison neither. I mean maybe silver is better, but I wouldn't really know if it's any better neither, I would just assume but I would not be really good at it and I would make a failed approach to this, which is why I feel like I would have to pick litecoin since that is the only thing I know at the moment. Obviously we could make a good return on litecoin so there is a good reason to invest into it, and I would understand everyone who would want to invest into something like this as well.

I am pretty sure that we are going to end up with a good return one way or another with litecoin so I am not really worried about it at all. I believe people should go with things they know, and if you do not know what you are doing then the result will not be good at all.

l99l

full member

Activity: 154

Merit: 115

Can't we exchange it with bitcoin and gold instead of choosing silver or Litecoin? Cheesy

I don't think silver will upset its investors either. I remember Litecoin didn't perform as well as Bitcoin in the last bull run, but that doesn't mean it won't do so in the next bull run.
If I had extra money, I think I would buy Litecoin instead of silver because I can store it more easily.

dansus021

copper member

Activity: 2156

Merit: 983

Part of AOBT - English Translator to Indonesia

Quote from: Abiky on October 28, 2024, 04:54:54 PM

The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you.

Well Litecoin is good altcoin the coin itself already proven by many years after so many bear market comes but if I had to pick between Ethereum and Litecoin Maybe I'm gonna pick ethereum since ETH has pretty much lot of use cases than litecoin itself.

But If I had money maybe I do keep some stash for the litecoin because the coin itself can still manage in the top 100 by marketcap is just crazy

fikrett

jr. member

Activity: 70

Merit: 1

Quote from: bitgolden on Today at 07:51:21 AM

While Silver is good, I would prefer gold. So if you said Litecoin vs Gold, then I would probably pick gold, seems like a better idea.

But, if we are considering just Litecoin vs Silver then I would say Litecoin easily.

Why have difference between Gold and Silver? While there are limited number of them in both category, silver has never been considered as high as gold in value and in reputation for assets neither, so it doesn't really appeal to me.

This isn't just based on price, or ROI, but based on the fame it has around the world. When people want to buy an asset, they would rather get a gram of gold over any silver equal to that, so gold has more people who love it, compared to silver.

Litecoin is right in the middle of that, and I believe litecoin is better than silver but worse than gold. This should not be a big deal though, you can buy literally all three, and if you keep saving money and keep buying all three then all three will give you a good return, so you shouldn't feel bad about this.

There is no doubt about how this could be wrong, we need to consider how this could be doing fine on the long run. Just keep saving and keep putting money in at all times.

Diversification is key to it, but I do think that LTC does hold potential for those patients enough.
It's not about hype for it, it's about the tech and the people seeing the opportunity that lies within it.
In the long run, I do think that LTC will have a chance to become the real BTC for a common man, so to speak.

bitgolden

legendary

Activity: 2968

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

While Silver is good, I would prefer gold. So if you said Litecoin vs Gold, then I would probably pick gold, seems like a better idea.

But, if we are considering just Litecoin vs Silver then I would say Litecoin easily.

Why have difference between Gold and Silver? While there are limited number of them in both category, silver has never been considered as high as gold in value and in reputation for assets neither, so it doesn't really appeal to me.

This isn't just based on price, or ROI, but based on the fame it has around the world. When people want to buy an asset, they would rather get a gram of gold over any silver equal to that, so gold has more people who love it, compared to silver.

Litecoin is right in the middle of that, and I believe litecoin is better than silver but worse than gold. This should not be a big deal though, you can buy literally all three, and if you keep saving money and keep buying all three then all three will give you a good return, so you shouldn't feel bad about this.

There is no doubt about how this could be wrong, we need to consider how this could be doing fine on the long run. Just keep saving and keep putting money in at all times.

FortuneFollower

copper member

Activity: 70

Merit: 0

Quote from: bitterguy28 on October 31, 2024, 05:12:46 AM

Quote from: Abiky on October 28, 2024, 04:54:54 PM

The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you.

I'd rather choose nothing than those two .

Litecoin is a dying crypto(of course that is exaggerating but that is how I see it) while silver is a super slow moving investment so I will not choose anything .

My money will go in vain if I have one of those .

Bitcoin is still my choice lol.

What do you mean by a "dead" coin"?

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: EarnOnVictor on October 30, 2024, 03:31:58 AM

If Bitcoin could be compared to Gold in the crypto world, I see nothing bad comparing Litecoin to Sliver, the similarities are there in the way they mimic them. I base my takes on what they can do for me, their market capitalization, age and apearance/value.

1. What they can do for me: Litecoin wins this. It is more accessible and I can easily make more money from its investment. As for their trading, I can trade the two and still make money.

2. Market capitalization: Silver wins this. It can buy Litecoin multiple times, which means more stability void of manipulations.

3. Age: Silver wins this. Silver had lived centuries before Litecoin.

4. Appearance and more value: Silver wins here. You can see digital and physical silver. It also adds directly to the economy, unlike the decentralised Litecoin whose activities might not be easily counted to the economy of the country of the owner or be taxed.

Each has their own advantages/disadvantages. But I have a feeling Litecoin will become more popular than Silver in the long run as we shift into the digital realm. People will value intangible items more than tangible ones (physical). Silver will change from being an investment tool, to an industrial tool solely used for jewelry, batteries, and whatnot. I think the same will happen with Gold as Bitcoin surpasses its market cap.

Litecoin is still undervalued. But that won't last for long. Once people realize its true benefits, LTC will surge all the way to the moon. It might even become the third or fourth-largest cryptocurrency by market cap someday. A hidden gem that can't be ignored. Just buy, and "hodl", and forget about the rest.

bitterguy28

full member

Activity: 2170

Merit: 182

“FRX: Ferocious Alpha”

Quote from: Abiky on October 28, 2024, 04:54:54 PM

The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you.

I'd rather choose nothing than those two .

Litecoin is a dying crypto(of course that is exaggerating but that is how I see it) while silver is a super slow moving investment so I will not choose anything .

My money will go in vain if I have one of those .

Bitcoin is still my choice lol.

doubletheprof

jr. member

Activity: 109

Merit: 1

silver is definitelly less volatile lol

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Quote from: ? on October 30, 2024, 03:36:57 AM

Quote from: mich on October 29, 2024, 11:09:13 PM

Well I did used to hodl LTC in my portfolio but I sold it all for Bitcoin. It was a good for me to do it and I made more profit now with this 'bull run'.
I do not like to invest in minerals like gold, silver, and copper. I do not like to have to have a space to put it. And I will rather invest in crypto. I will choose to have the Litecoin.

Don't you think the LTC will be booming this Bull run or going forward? Grin

Well yes that is true I do think it will. It is why I did choose to have the Litecoin and not the Silver.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

not gonna buy a coin that did 4% this entire year where bitcoin literally going above 100% this coin is just a nuisance in anyone's portfolio if i'm being honest.

how can people hold this coin? i wonder. even silver is up 44% from the start of this year Grin

.

348Judah

hero member

Activity: 714

Merit: 521

Both the likes of Litecoin and silver all have potentials for making more profits with our investments on them, but some time we may need to have some extra level of information's concerning them in other to be able to get used to how they are performing, but if we are to make a consideration under a long term use for an investment, the two are more to go with because they can deliver us with the way of their all time performance.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

Quote from: EarnOnVictor on October 30, 2024, 12:46:50 PM

You do not get the point, manipulation comes in stages, and Litecoin is barely $5+B in market capitalization. Do you think big guys with coordinated effort can't still easily manipulate that if they want? I wonder if Litecoin will not go significantly in their direction if they pump it with $250m. Can you compare its stability and imperviousness to attacks like silver with over a trillion dollars worth? It will take more than a coordinated attacks to manipulate such.

I understand what you meant. What I meant is that litecoin in reality is not the same as those coins that are manipulated. What I do not just like about the coin is how it is very sluggish and looking like an old dumped coin. Although, the bull market is not yet over, maybe people will still pump old coins but it is getting late already.

Quote from: EarnOnVictor on October 30, 2024, 12:46:50 PM

Says who? Perhaps to you. If Bitcoin or Litecoin were to be a physical asset today, their market caps must have reached the moon by now. You can only say that because you do not know how most people think, appearance is everything to many and they rubbish you if you advocate digital assets to them.

Scarcity and value is very important. There are a lot of things that have physical appearance but have no or little value. There are things that are not physical that have value. If someone ask you to take between 1 kilogram of iron or 1 bitcoin, you will take 1 bitcoin. That is the value I am referring to. Bitcoin does has value because its supply is limited and it will become more scarce. People know this and see value in it.

Bitcoin was created 15 years ago and having a markecap of over $1.4 trillion. That is huge. Yet it is not a physical asset.

EarnOnVictor

hero member

Activity: 826

Merit: 641

Leading Crypto Sports Betting & Casino Platform

Quote from: Charles-Tim on October 30, 2024, 04:03:47 AM

Quote from: EarnOnVictor on October 30, 2024, 03:31:58 AM

2. Market capitalization: Silver wins this. It can buy Litecoin multiple times, which means more stability void of manipulations.

Litecoin is not easily manipulated unlike those newly created coins. It is true that it is not comparable with silver.

You do not get the point, manipulation comes in stages, and Litecoin is barely $5+B in market capitalization. Do you think big guys with coordinated effort can't still easily manipulate that if they want? I wonder if Litecoin will not go significantly in their direction if they pump it with $250m. Can you compare its stability and imperviousness to attacks like silver with over a trillion dollars worth? It will take more than a coordinated attacks to manipulate such.

Quote

Appearance does not mean anything.

Says who? Perhaps to you. If Bitcoin or Litecoin were to be a physical asset today, their market caps must have reached the moon by now. You can only say that because you do not know how most people think, appearance is everything to many and they rubbish you if you advocate digital assets to them.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

Quote from: EarnOnVictor on October 30, 2024, 03:31:58 AM

2. Market capitalization: Silver wins this. It can buy Litecoin multiple times, which means more stability void of manipulations.

Litecoin is not easily manipulated unlike those newly created coins. It is true that it is not comparable with silver.

Quote from: EarnOnVictor on October 30, 2024, 03:31:58 AM

4. Appearance and more value: Silver wins here. You can see digital and physical silver. It also adds directly to the economy, unlike the decentralised Litecoin whose activities might not be easily counted to the economy of the country of the owner or be taxed.

Appearance does not mean anything. Love, hatred and many other things that affect humans are nit physical. I do not see a winner here as the world is going digital. What that matters is the value in my opinion. What makes something have value is not its appearance. You can see sand cheap but diamond expensive because of its scarcity. Scarcity and value is what that matters.

Who cares about a country economy. I do not actually mean this but fr my next sentence to have weight. I mean this is about investment. Economy is different from people's wealth and successes. The government that create the greatest scam on earth which they always devalue in the name of inflation.

?

Activity: -

Merit: -

Quote from: mich on October 29, 2024, 11:09:13 PM

Well I did used to hodl LTC in my portfolio but I sold it all for Bitcoin. It was a good for me to do it and I made more profit now with this 'bull run'.
I do not like to invest in minerals like gold, silver, and copper. I do not like to have to have a space to put it. And I will rather invest in crypto. I will choose to have the Litecoin.

Don't you think the LTC will be booming this Bull run or going forward? Grin

EarnOnVictor

hero member

Activity: 826

Merit: 641

Leading Crypto Sports Betting & Casino Platform

Quote from: Abiky on October 28, 2024, 04:54:54 PM

The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you.

If Bitcoin could be compared to Gold in the crypto world, I see nothing bad comparing Litecoin to Sliver, the similarities are there in the way they mimic them. I base my takes on what they can do for me, their market capitalization, age and apearance/value.

1. What they can do for me: Litecoin wins this. It is more accessible and I can easily make more money from its investment. As for their trading, I can trade the two and still make money.

2. Market capitalization: Silver wins this. It can buy Litecoin multiple times, which means more stability void of manipulations.

3. Age: Silver wins this. Silver had lived centuries before Litecoin.

4. Appearance and more value: Silver wins here. You can see digital and physical silver. It also adds directly to the economy, unlike the decentralised Litecoin whose activities might not be easily counted to the economy of the country of the owner or be taxed.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Well I did used to hodl LTC in my portfolio but I sold it all for Bitcoin. It was a good for me to do it and I made more profit now with this 'bull run'.
I do not like to invest in minerals like gold, silver, and copper. I do not like to have to have a space to put it. And I will rather invest in crypto. I will choose to have the Litecoin.

Topic: Litecoin or Silver? (Read 286 times)