Topic: Litecoin v. Bitcoin - page 12. (Read 43665 times)
I like Bitcoin better and will recomend Bitcoin more. You can do more things with Bitcoin since it is more popular then Litecoin.
well bitcoin is alot older, litecoin is like a copy of bitcoin but was made after. imo bitcoin is definitely better because more people know about it and use it. it has a lot more popularity than litecoin. also bitcoin is worth alot more than litecoin
the free market will dictate what will be a success and what won't. I think the free market will pick many winners, not one
Innovation with recognition is what will triumph over BTC. BTC in its current form isnt quite usable - it was a great invention but now innovation must be allowed to continue. LTC isnt quite the coin to replace BTC, but LTC is technically superior to BTC.
Which specific features of Litecoin make it superior to Bitcoin in your analysis? Because, frankly, I can't think of a single one.
Oh a simple technical thing such as improved block time, is a big thing; Bitcoin's 10 minute block time makes it very impractical. Litecoin is better in that aspect.
As I pointed out to you upthread, the shorter block interval is not strictly an advantage - it is also a very real disadvantage. I implored you to convince me that you understood that this is a tradeoff, which you summarily ignored. Further a 4x (2.5 minute average) increase in block rate still doesn't solve the 'pay at checkout line' problem, so it's of no meaningful advantage, anyhow.
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The other aspect, the supposedly ASIC resistant Scrypt algorythm is an obsolete advantage - so it doesn't count anymore.
Well, at least you realize that this claimed 'advantage' is not.
You are allowed to have your opinion jbreher. Why do you say shorter block times is a very real disadvantage please? I don't see the disadvantage in better specs...
i think,bitcoin more bonafit for today and future. just because litecoin have no a significant price movement.
BTC-E is what keeps Litecoin alive till this date. I wouldn't be surprised if the owners of BTC-E are major Litecoin holders with at least 10%-20% of the total minted coins in their possession.
Don't forget China. They lurve themselves a bit of Litecoin. It may be far lower down the rungs without them. Btc-e is definitely an LTC daddy too.
Litecoin can become slowly the "trading" altcoin. There is at least a trading site I know in which is much easier to move around using litecoin, as doing sells and buys in Bitcoin has a higher minimum.
I feel that traders can adjust prices more with a lower value coin that is still as fractional as Bitcoin, and can be transferred quicker.
Sure, there are other alts, but they do not have near the same popularity as litecoin.
I feel that traders can adjust prices more with a lower value coin that is still as fractional as Bitcoin, and can be transferred quicker.
Sure, there are other alts, but they do not have near the same popularity as litecoin.
That is because it was the coin that was released right after bitcoin. Correct?
They are basically joined at the hip whether you like it or not.
I personally keep both on hand.
"Right after" isn't correct. It took months for coblee making the first version of Litecoin, and IIRC, NameCoin was the first alt ever.
The biggest problem of the alts is that, even they have a good purpose or try new things like Litecoin with Scrypt instead of SHA256, PPC with PoS, etc. it doesn't make them more special than Bitcoin.
I am so confused.
What is better? Which one do you guys recommend more?
Thank you for your time
bitcoin more popular than litecoin and so many shops accept bitcoin nowadays, since i know litecoin i didnt even know online shop that accept bitcoin except digital currency shop , so if you want to use bitcoin as a payment proccecor or investing on it i would highly reccomend BTCWhat is better? Which one do you guys recommend more?
Thank you for your time
Yes we can not find online shops which accepts litecoin easily. Very rarely some sites accepts both litecoin and bitcoin along with dogecoin also. Litecoin needs to evolve more to match with bitcoin adoptions. I guess people see alternate currencies as investment to convert later to bitcoin.
BTC-E is what keeps Litecoin alive till this date. I wouldn't be surprised if the owners of BTC-E are major Litecoin holders with at least 10%-20% of the total minted coins in their possession.
Lol.. Ofcourse its bitcoin... Bitcoin has major advantage as it is widely acceptable
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I am so confused.
What is better? Which one do you guys recommend more?
Thank you for your time
bitcoin more popular than litecoin and so many shops accept bitcoin nowadays, since i know litecoin i didnt even know online shop that accept bitcoin except digital currency shop , so if you want to use bitcoin as a payment proccecor or investing on it i would highly reccomend BTC What is better? Which one do you guys recommend more?
Thank you for your time
Litecoin can become slowly the "trading" altcoin. There is at least a trading site I know in which is much easier to move around using litecoin, as doing sells and buys in Bitcoin has a higher minimum.
I feel that traders can adjust prices more with a lower value coin that is still as fractional as Bitcoin, and can be transferred quicker.
Sure, there are other alts, but they do not have near the same popularity as litecoin.
I feel that traders can adjust prices more with a lower value coin that is still as fractional as Bitcoin, and can be transferred quicker.
Sure, there are other alts, but they do not have near the same popularity as litecoin.
That is because it was the coin that was released right after bitcoin. Correct?
They are basically joined at the hip whether you like it or not.
I personally keep both on hand.
I am so confused.
What is better? Which one do you guys recommend more?
Thank you for your time
What is better? Which one do you guys recommend more?
Thank you for your time
I'm not sure it's really even a debate that bitcoin is "better", but there's a million reasons for and against each of the currencies. I'm just saying bitcoin is extremely volatile and under-accepted as it is and I don't personally see a reason to step towards and even more volatile, less-accepted currency that is primarily based off the former.
Bitcoin is better because it has some usage, while Litecoin has almost no usage.
Technicalities are not important for the end user
Technicalities are not important for the end user
Innovation with recognition is what will triumph over BTC. BTC in its current form isnt quite usable - it was a great invention but now innovation must be allowed to continue. LTC isnt quite the coin to replace BTC, but LTC is technically superior to BTC.
Which specific features of Litecoin make it superior to Bitcoin in your analysis? Because, frankly, I can't think of a single one.
Oh a simple technical thing such as improved block time, is a big thing; Bitcoin's 10 minute block time makes it very impractical. Litecoin is better in that aspect.
As I pointed out to you upthread, the shorter block interval is not strictly an advantage - it is also a very real disadvantage. I implored you to convince me that you understood that this is a tradeoff, which you summarily ignored. Further a 4x (2.5 minute average) increase in block rate still doesn't solve the 'pay at checkout line' problem, so it's of no meaningful advantage, anyhow.
Quote
The other aspect, the supposedly ASIC resistant Scrypt algorythm is an obsolete advantage - so it doesn't count anymore.
Well, at least you realize that this claimed 'advantage' is not.
Innovation with recognition is what will triumph over BTC. BTC in its current form isnt quite usable - it was a great invention but now innovation must be allowed to continue. LTC isnt quite the coin to replace BTC, but LTC is technically superior to BTC.
Which specific features of Litecoin make it superior to Bitcoin in your analysis? Because, frankly, I can't think of a single one.
Oh a simple technical thing such as improved block time, is a big thing; Bitcoin's 10 minute block time makes it very impractical. Litecoin is better in that aspect. The other aspect, the supposedly ASIC resistant Scrypt algorythm is an obsolete advantage - so it doesn't count anymore.
never use bitcoin, since litecoin arrived.
Why you chose litecoin depend a bitcoin ? 
What advantages compared bitcoin litecoin so you choose litecoin ?
well for me the MINERS for LTC worked longer/better etc with diff rises etc for LTC to BTC (KNC Titan(s) 10 months likely will mine more then 1 year)
so from what I can tell if you (back in 2014 say) wanted to get btc by mining that was the way to do so
currently for what you can get a used scrpyt miner on ebay to home mine (0.01272 ltc to btc) is much less then getting say a bitmain S7 or some such
but then again neither above is really wise home mining is dead...but 2013-2014 etc that was the home miner strategy
also if ltc stays above the 0.0100 ratio to btc and goes up and down with btc price accordingly you can move LTC on the pumps to BTC in that ratio or the pump in btc prices
anyway LTC is big in china as a 'spectulator' coin in relation to BTC
others can chime in here with more expertise then myself ..just imho on this (and the fact I probably should not have gotten titan miners but it has worked out in 20/20)
my 2 satoshi's worth
I think bitcoin is the best because way more online and offline merchants accept bitcoin rather than altcoins.
Yea but with Bitpay thats not an issue anymore. Yes in the future cryptocurrency should be sovereign, but currently merchants will just swap it to fiat with Bitpay.
But I do think that in terms of ROI you can make more money with litecoin as an investment,
never use bitcoin, since litecoin arrived.
besides faster confirmation(which create more orphan btw), what you're finding better in litecoin that bitcoin does not have? also litecoin is not well accepted as bitcoin, how can you use it directly?
There is none in my honest opinion. Ok, they have already included couple of fixes that Bitcoin devs didn't but this just because Litecoin is much smaller and risk associated with making the changes is not as big as it's in Bitcoin.
These changes would be possible to incorporate tomorrow if Bitcoin devs would want to and if they would find it absolutely necessary.
never use bitcoin, since litecoin arrived.
besides faster confirmation(which create more orphan btw), what you're finding better in litecoin that bitcoin does not have? also litecoin is not well accepted as bitcoin, how can you use it directly?
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