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Topic: Litecoin v. Bitcoin - page 28. (Read 43665 times)

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
April 26, 2015, 04:36:41 PM
Litecoin isn't dead.
How can something be dead if it was never alive in the first place?
hero member
Activity: 672
Merit: 508
LOTEO
April 26, 2015, 04:29:49 PM
I am so confused.

What is better?  Which one do you guys recommend more?

Thank you for your time

Are you asking about the technology or the price?

The technology:
Litecoins is based on the bitcoin source code.  Litecoin offers three key differences from Bitcoin.

  • The Litecoin network aims to process a block every 2.5 minutes.  
  • The Litecoin network will produce 84 million litecoins, or four times as many currency units as will be issued by the Bitcoin network.
  • Litecoin uses scrypt in its proof-of-work algorithm

The first two are not big differences. The number of maximal coins is simply a number set in the source code and the processing time is not a big difference.

The litecoin network is smaller than the bitcoin network.

legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
April 26, 2015, 04:29:37 PM
Unless the dev team have any major plans for new features, I can easily see more dynamic projects like Dash, Bitshares, Maidsafe and Monero surpassing Litecoin within the next year or two.

New features? Development? I don't think you'll be getting those anytime soon.



To make matters worse, the developer's "boss" has made it clear that anything altcoin is a "no no".



This was a message heard loud and clear by all Coinbase staff. I honestly would have quit my job the same day he made that tweet.



That's what I figured.  I get that merchant adoption and liquidity are important, but at the same time, you still have to get people to notice that you exist.  Litecoin is failing completely at that right now.  They can't grow their userbase if they aren't doing anything to get people's attention.  And if the userbase shrinks (which seems a far more likely outcome than growth) then they're going to have less liquidity and merchants aren't going to waste their time supporting a coin that no one uses.  It just sounds as though they want to do nothing and ride on Bitcoin's coattails.
full member
Activity: 140
Merit: 100
April 26, 2015, 04:02:38 PM
Litecoin has been declining every since its peak. BTC has had its ups and downs, but litecoin has had just mainly downs.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
April 26, 2015, 12:22:31 PM
Bitcoin = Gold - Litecoin = Silver.


na its;

bitcoin = myspace

litecoin = facebook

Wasn't facebook reputed to, like, add something to the user experience?
legendary
Activity: 1876
Merit: 1000
April 26, 2015, 08:14:34 AM
Bitcoin = Gold - Litecoin = Silver.


na its;

bitcoin = myspace

litecoin = facebook

Seriously?

No...  I mean really...



yeah maybe its a bad one; I mean atleast Tom stuck around myspace for awhile Tongue didn't run off screaming some imaginary hornets where chasing him  Roll Eyes
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 26, 2015, 08:10:08 AM
Bitcoin = Gold - Litecoin = Silver.


na its;

bitcoin = myspace

litecoin = facebook

Seriously?

No...  I mean really...

legendary
Activity: 1876
Merit: 1000
April 26, 2015, 08:06:40 AM
Bitcoin = Gold - Litecoin = Silver.


na its;

bitcoin = myspace

litecoin = facebook
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
April 26, 2015, 08:05:07 AM
Unless the dev team have any major plans for new features, I can easily see more dynamic projects like Dash, Bitshares, Maidsafe and Monero surpassing Litecoin within the next year or two.

New features? Development? I don't think you'll be getting those anytime soon.



To make matters worse, the developer's "boss" has made it clear that anything altcoin is a "no no".



This was a message heard loud and clear by all Coinbase staff. I honestly would have quit my job the same day he made that tweet.

legendary
Activity: 1512
Merit: 1000
April 26, 2015, 07:35:03 AM
Bitcoin = Gold - Litecoin = Silver.

Hmmm... perhaps copper, as I see the recent LTC/BTC and DASH/BTC exchange rates... But cheer up, even the third place is a nice one Smiley.
legendary
Activity: 1050
Merit: 1000
April 26, 2015, 07:32:16 AM
Bitcoin is mother currency as this is first and always remain like this. Bitcoin will just grow more and more and any other currency will come and go. This is right time to invest in Bitcoin as prices will go higher and higher in coming month. This long term investment which will make you rich.  Smiley

yes true, i think so there is no comparison between Btc and Ltc, because Bitcoin has more big market value than any other crypto currency, no any other coin has adoption like Btc and it is going higher and higher day by day and getting more merchant, more media attention, so Btc has more bright future ahead and right choice for smart investment.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
April 26, 2015, 07:28:20 AM
Bitcoin = Gold - Litecoin = Silver.

Are we seriously still peddling that line?  Seems a touch cliché now.  Unless the dev team have any major plans for new features, I can easily see more dynamic projects like Dash, Bitshares, Maidsafe and Monero surpassing Litecoin within the next year or two.  I'll admit I haven't been paying much attention to LTC (as it seems to be fading into obscurity), but does it have any interesting developments on the horizon?  Anything at all to make it stand out from the crowd?  It just feels stale to me, somehow, completely lacking in impetus or momentum.
legendary
Activity: 1876
Merit: 1000
April 26, 2015, 07:19:19 AM
Bitcoin = Gold - Litecoin = Silver.

but my question is do we really need a silver, especially if bitcoin will address the slow confirmations?

real silver on the other hand, have some use in the industry, where gold cannot be used

i'd more question if we really need bitcoin; ie anon dev holding a stash kinda may seem cool n all amongst crypto nerds but in the real world....hmmm
legendary
Activity: 1876
Merit: 1000
April 26, 2015, 07:17:16 AM
Of course is bitcoin. bitcoin is the prototype of crypto currency, which is the KING.   Grin

Don't invest in LTC, LTC is centralized, ASIC manufacturer "Gridseed" has over 50% hash power.

 Huh you really haven't been following bitcoin much if you're calling LTC centralised  Roll Eyes
legendary
Activity: 3248
Merit: 1070
April 26, 2015, 07:15:16 AM
Bitcoin = Gold - Litecoin = Silver.

but my question is do we really need a silver, especially if bitcoin will address the slow confirmations?

real silver on the other hand, have some use in the industry, where gold cannot be used
legendary
Activity: 1876
Merit: 1005
April 26, 2015, 07:10:08 AM
Bitcoin is mother currency as this is first and always remain like this. Bitcoin will just grow more and more and any other currency will come and go. This is right time to invest in Bitcoin as prices will go higher and higher in coming month. This long term investment which will make you rich.  Smiley
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
April 26, 2015, 06:43:30 AM
Bitcoin = Gold - Litecoin = Silver.
hero member
Activity: 840
Merit: 1000
April 26, 2015, 06:42:57 AM
Of course is bitcoin. bitcoin is the prototype of crypto currency, which is the KING.   Grin

Don't invest in LTC, LTC is centralized, ASIC manufacturer "Gridseed" has over 50% hash power. I won't buy a single ltc unless it is worth 0.001btc, so I will buy 10k ltc.  Grin

Ltc is just a copy of btc, its 5 minutes confirmation time is also slow, if you wanna invest altcoins, I recommend you buy dash or doge. dash has 3.5 seconds confirmation time, doge has 60 seconds, all faster than LTC, and they both have better potential in the future.
sr. member
Activity: 252
Merit: 250
April 26, 2015, 06:32:16 AM
yes possum577 you are right btc its 10x better than ltc not just in price but in mining and market trading theres much more a lot of sites that do bitcoin and litecoin does not even have agood forum like this
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
March 09, 2015, 02:18:59 AM
You have to ask that question? I've never heard of Litecointalk.org...Bitcoin is better. Litecoin is a cute copycat that either uses some variation of the technology or was created so people could have a second attempt at "getting in early".

Think of Litecoin is to Bitcoin as silver is to gold.

Good question!
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