i don't see any use for any other cryptocurrency other than bitcoin. the only thing that might be useful about altcoins is trading and only if you can gain profit from it, thats all
That‘s true.There is no reason for the existence of litcoin.
Topic: Litecoin v. Bitcoin - page 31. (Read 43665 times)
There is no reason for the existence of litcoin.
i don't see any use for any other cryptocurrency other than bitcoin. the only thing that might be useful about altcoins is trading and only if you can gain profit from it, thats all
however, if no bitcoin they may be lonely and make it weak. though only for trade, they have a considerable influence on the falling or rising bitcoin 
i don't see any use for any other cryptocurrency other than bitcoin. the only thing that might be useful about altcoins is trading and only if you can gain profit from it, thats all
Litecoin MAY be a good thing to invest in right now, but it may be a horrible thing to invest in right now, use your best judgement.
Litecoin is on the low and the halving is in this October so I see a win whether the BTC makes a run and coupled with the 1/2ing so it's a buy either way. Profits shall be coming soon I would think. I'd never assert an all-in mentality but a sparse holding could wake you up in the future with a nice win. 
It seems to me that Litecoin exist on the fringes while bitcoin is where its at.
What makes you think that?In the last couple weeks, bitcoin's share of the entire crypto scene's market cap has risen from about 81% to 84.8%. While it would be foolish to predict the future from a week's worth of data, this little trend is at least suggestive that the world at large may be growing tired of shitcoins.
I note for emphasis that Ripple's market cap was at one time higher than Bitcoin's (though why, I have no idea).
I prefer Dogecoin over Litecoin, but Bitcoin over Dogecoin.
I also share that idea. I add another altcoin, darkcoin over dogecoin.
Yup I would have to agree their also Dogecoin being a good one and also I would recommend Burst Coin it is fairly new and only one of the coins out their that is proof of capacity and the only coin like it being generated with your hard drive space. Got my fair share of Doge coins and a few others too.
I prefer Dogecoin over Litecoin, but Bitcoin over Dogecoin.
I also share that idea. I add another altcoin, darkcoin over dogecoin.
Litecoin MAY be a good thing to invest in right now, but it may be a horrible thing to invest in right now, use your best judgement.
I like to have a nice stash of LTC for when it goes up and then convert back into BTC after but again LTC needs to sort a lot of things out to get back on track as their is hardly any services or products that use LTC compared with a lot of other alts going LTC seems like it is running into the ground with a slow death. Maybe if LTC devs get together and work on it and make some progress it would pick things up but seeing theirs only 1 or 2 active devs with LTC seems not much going to happen for the future of LTC unless devs get their act together and come out with some improvements and changes.
About the only use I have for keeping some litecoin around is that it gains a lot of value in bitcoin during massive bull runs.
Litecoin is essentially your secondary Crypto to go to. Community isn't as strong, nor is it as common. BTC I would say is more universal and widely accepted. Personally, I'd say Bitcoin is the way to go. A bit bias though
I am 100% involved with Litecoin and hold no Bitcoin, for two simple reasons. One, Litecoin is just faster...no matter how many ways you want to spin it, Litecoin transactions enter blocks and get confirmations at least 4x faster than Bitcoin and often faster. There has also, to my knowledge, never been a confirmed double-spend (the same cannot be said of Bitcoin). I've had to wait upwards of an hour for Bitcoin to get the needed confirmations to clear a deposit into an exchange. Litecoin? Maybe 15 minutes, on average. Number two, and more importantly, is Satoshi Nakamoto and his ~1 million BTC hoard. I don't know who or where he is, I don't know what his intentions are for that coin, I don't know if one day he'll just decide to cash out and wipe out the order books on a bunch of exchanges...I don't know anything about his character or his intentions. But I do know that one person having 5% of the LIFETIME SUPPLY of Bitcoin is dangerous and I refuse to "explain it away" with assumptions and suppositions. "Oh, he probably doesn't have it anymore," or "No way does this benevolent genius destroy his own creation." How do you know? You don't. "He created it, he deserves to cash that in if he wants to!" Fair enough...but I don't have to be there when he does.
Litecoin, for all intents and purposes, IS Bitcoin...but it's faster, and doesn't have the baggage.
As for people saying it has no acceptance...it has about 100x the acceptance that Bitcoin had, this time last year. It just doesn't have the big, high-profile "Overstock.com" buying into it. But it's got a LOT of smaller merchants, via Snapcard and GoCoin. The "community" claims don't hold any water with me, because it's a global currency and people judge it based on its western message board traffic...and besides that, in twenty years NOBODY will be sitting around on message boards discussing the merits of this crypto or that. If it succeeds, people will just either be using it, or not. They won't be talking about it.
Litecoin, for all intents and purposes, IS Bitcoin...but it's faster, and doesn't have the baggage.
As for people saying it has no acceptance...it has about 100x the acceptance that Bitcoin had, this time last year. It just doesn't have the big, high-profile "Overstock.com" buying into it. But it's got a LOT of smaller merchants, via Snapcard and GoCoin. The "community" claims don't hold any water with me, because it's a global currency and people judge it based on its western message board traffic...and besides that, in twenty years NOBODY will be sitting around on message boards discussing the merits of this crypto or that. If it succeeds, people will just either be using it, or not. They won't be talking about it.
When I can book a flight through CheapAir, book a Hotel through Expedia, buy groceries using Gyft, buy furniture on Overstock, all done on a Dell laptop I bought on Dell.com all using Litecoin TODAY then I can consider your post relevant.
Until then, go suck an egg!
I prefer Dogecoin over Litecoin, but Bitcoin over Dogecoin.
I also share that idea. I add another altcoin, darkcoin over dogecoin. 
I am 100% involved with Litecoin and hold no Bitcoin, for two simple reasons. One, Litecoin is just faster...no matter how many ways you want to spin it, Litecoin transactions enter blocks and get confirmations at least 4x faster than Bitcoin and often faster. There has also, to my knowledge, never been a confirmed double-spend (the same cannot be said of Bitcoin). I've had to wait upwards of an hour for Bitcoin to get the needed confirmations to clear a deposit into an exchange. Litecoin? Maybe 15 minutes, on average. Number two, and more importantly, is Satoshi Nakamoto and his ~1 million BTC hoard. I don't know who or where he is, I don't know what his intentions are for that coin, I don't know if one day he'll just decide to cash out and wipe out the order books on a bunch of exchanges...I don't know anything about his character or his intentions. But I do know that one person having 5% of the LIFETIME SUPPLY of Bitcoin is dangerous and I refuse to "explain it away" with assumptions and suppositions. "Oh, he probably doesn't have it anymore," or "No way does this benevolent genius destroy his own creation." How do you know? You don't. "He created it, he deserves to cash that in if he wants to!" Fair enough...but I don't have to be there when he does.
Litecoin, for all intents and purposes, IS Bitcoin...but it's faster, and doesn't have the baggage.
As for people saying it has no acceptance...it has about 100x the acceptance that Bitcoin had, this time last year. It just doesn't have the big, high-profile "Overstock.com" buying into it. But it's got a LOT of smaller merchants, via Snapcard and GoCoin. The "community" claims don't hold any water with me, because it's a global currency and people judge it based on its western message board traffic...and besides that, in twenty years NOBODY will be sitting around on message boards discussing the merits of this crypto or that. If it succeeds, people will just either be using it, or not. They won't be talking about it.
The President has a running made or ?Litecoin, for all intents and purposes, IS Bitcoin...but it's faster, and doesn't have the baggage.
As for people saying it has no acceptance...it has about 100x the acceptance that Bitcoin had, this time last year. It just doesn't have the big, high-profile "Overstock.com" buying into it. But it's got a LOT of smaller merchants, via Snapcard and GoCoin. The "community" claims don't hold any water with me, because it's a global currency and people judge it based on its western message board traffic...and besides that, in twenty years NOBODY will be sitting around on message boards discussing the merits of this crypto or that. If it succeeds, people will just either be using it, or not. They won't be talking about it.
Its also a insurance, a kind of backup blockchain.
Only a fool would have nothing to fall back onto in a time of need. For a backup to be of any use it needs to be reasonable close.
The "community" claims don't hold any water with me, because it's a global currency and people judge it based on its western message board traffic...and besides that, in twenty years NOBODY will be sitting around on message boards discussing the merits of this crypto or that. If it succeeds, people will just either be using it, or not. They won't be talking about it.
Of course they will. It'll be a global currency that anyone can contribute code and new ideas to. Lord knows what stuff'll be invented in the years to come.
How much time do you spend reading developer boards discussing the development of the Hypertext Transfer Protocol, honestly?
Boards like Bitcointalk will be an anecdote told by old timers, in twenty years.
It seems to me that Litecoin exist on the fringes while bitcoin is where its at.
I've got news for you...Bitcoin exists every bit as much on the fringe as Litecoin does, when you consider the playing field they're both stepping on.
It seems to me that Litecoin exist on the fringes while bitcoin is where its at.
There is only bitcoin. 99% of alt coins are pointless and sometimes outright scams. Litecoin is one of the only alts with any merit. I did not predict it, but it has caught on to some extent.
The "community" claims don't hold any water with me, because it's a global currency and people judge it based on its western message board traffic...and besides that, in twenty years NOBODY will be sitting around on message boards discussing the merits of this crypto or that. If it succeeds, people will just either be using it, or not. They won't be talking about it.
Of course they will. It'll be a global currency that anyone can contribute code and new ideas to. Lord knows what stuff'll be invented in the years to come.
I am 100% involved with Litecoin and hold no Bitcoin, for two simple reasons. One, Litecoin is just faster...no matter how many ways you want to spin it, Litecoin transactions enter blocks and get confirmations at least 4x faster than Bitcoin and often faster. There has also, to my knowledge, never been a confirmed double-spend (the same cannot be said of Bitcoin). I've had to wait upwards of an hour for Bitcoin to get the needed confirmations to clear a deposit into an exchange. Litecoin? Maybe 15 minutes, on average. Number two, and more importantly, is Satoshi Nakamoto and his ~1 million BTC hoard. I don't know who or where he is, I don't know what his intentions are for that coin, I don't know if one day he'll just decide to cash out and wipe out the order books on a bunch of exchanges...I don't know anything about his character or his intentions. But I do know that one person having 5% of the LIFETIME SUPPLY of Bitcoin is dangerous and I refuse to "explain it away" with assumptions and suppositions. "Oh, he probably doesn't have it anymore," or "No way does this benevolent genius destroy his own creation." How do you know? You don't. "He created it, he deserves to cash that in if he wants to!" Fair enough...but I don't have to be there when he does.
Litecoin, for all intents and purposes, IS Bitcoin...but it's faster, and doesn't have the baggage.
As for people saying it has no acceptance...it has about 100x the acceptance that Bitcoin had, this time last year. It just doesn't have the big, high-profile "Overstock.com" buying into it. But it's got a LOT of smaller merchants, via Snapcard and GoCoin. The "community" claims don't hold any water with me, because it's a global currency and people judge it based on its western message board traffic...and besides that, in twenty years NOBODY will be sitting around on message boards discussing the merits of this crypto or that. If it succeeds, people will just either be using it, or not. They won't be talking about it.
Litecoin, for all intents and purposes, IS Bitcoin...but it's faster, and doesn't have the baggage.
As for people saying it has no acceptance...it has about 100x the acceptance that Bitcoin had, this time last year. It just doesn't have the big, high-profile "Overstock.com" buying into it. But it's got a LOT of smaller merchants, via Snapcard and GoCoin. The "community" claims don't hold any water with me, because it's a global currency and people judge it based on its western message board traffic...and besides that, in twenty years NOBODY will be sitting around on message boards discussing the merits of this crypto or that. If it succeeds, people will just either be using it, or not. They won't be talking about it.
One isn't better than the other. Bitcoin is 'better' because it has a much wider traction. It has the first mover advantage. And this is what actually counts. The shorter block time doesn't actually matter at all!!!
I mean it would matter for things like craigslist where you want to make they won't double spend it or try and fudge you.Why not wait a bit longer then? Litecoins confirmations are exactly that much 'unsafer' than Bitcoins, as they are shorter. They don't provide additional security!
Jump to: