Topic: Transacting in Litecoin or Etherium? (Read 2097 times)
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The transaction processing time doesnt take that much time for me it gets confirmed in 25-30 mins and you dont need to pay high fees for your transactions to get confirmed. You can do the standard send and receive transaction in bitcoin without any need to pay high fees, most people stills prefers bitcoin as a safe haven to store a their assets traders only buys LTC and ETH for short term investment because it is the current hype currencies while investors invest millions of their dollars to BTC for long term.
Hello all,
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
I don't think so. As people still prefer to use bitcoins over LTC or ETH. Since there is a cost of converting bitcoins to other altcoins anyway. So most likely people will prefer to use BTC still.
And besides this is a bitcoin forum.
After ETH price has been climbed to 250$ and more, we most of the trying to hold the ETH and some of buying litecoin also as much we can.
If you noticed the implementation of ETH and btc comparatively you could understand the how ETH is ridding off the btc place by the whales. I wish people to use bitcoin much to increase the mining supply. Henceforth, mining fee also will reduce in bitcoin.
Hello all,
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
I don't think so. As people still prefer to use bitcoins over LTC or ETH. Since there is a cost of converting bitcoins to other altcoins anyway. So most likely people will prefer to use BTC still.
And besides this is a bitcoin forum.
Alternate coins can be a part of payment method but needs to keep the bitcoin as a primary method because most people yet do not hold altcoins.
I don't think altcoins serve as an alternate for payment, because these days the acceptance of altcoins for shopping and related needs is quite low compared to Bitcoin. So one cannot make use of altcoins, but these days more users due to the delay in transaction has jumped to ethereum for faster transaction.But the price of ethereum is too volatile and the network is stuck many times in a week.
I support the use of alternative coins for shopping but only the high ranked coins. So litecoin may be the best choice right now, you may add other altcoins later in your customer's demand.
Alternate coins can be a part of payment method but needs to keep the bitcoin as a primary method because most people yet do not hold altcoins.
I don't think altcoins serve as an alternate for payment, because these days the acceptance of altcoins for shopping and related needs is quite low compared to Bitcoin. So one cannot make use of altcoins, but these days more users due to the delay in transaction has jumped to ethereum for faster transaction.
Alternate coins can be a part of payment method but needs to keep the bitcoin as a primary method because most people yet do not hold altcoins.
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Hello all,
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
i think if there is any payment that accept altcoin, it will help customer to use altcoin to pay the product. while bitcoin it seems having a delay in confirming transaction, we can used altcoin to pay the transaction so we don't have to confuse or disappointed with a long confirming transaction.
I just bet to ethereum instead or litecoin because ethereum is more expensive compared to litecoin also their potential in the market is more interesting than litecoin.
Yes I agree, now the market cap of ethereum more than $35 million after Bitcoin (about $42m), the best features of ethereum is faster and cheaper fees than litecoin.
Definitely yes. Its getting harder everyday to do transactions with BTC and hopefully it will be a better environment after the fork. So I guess everyone here would love to use Litecoin or ETH for buying and selling stuff. Would be looking forward to your collectibles shop.
I just bet to ethereum instead or litecoin because ethereum is more expensive compared to litecoin also their potential in the market is more interesting than litecoin.
When you start dealing any transactions using altcoins, especially Ethereum all people here will follow your rules with no doubt. No one can argue with popularity of Ethereum with all the advantages, fast, easy, low fee etc.
I think people on this board is welcoming any future and various payments for easy transactions.
I think people on this board is welcoming any future and various payments for easy transactions.
Everybody wants easy transactions, but this issue has not yet been resolved. I have heard a lot about the fact that some holders of crypto currency prefer to use alternate currencies in order to avoid long transactions.
Yes I agree on this.
The issue here is the slow and high fee in every transaction.
Litecoin have a fast and low fee transaction that every consumers can enjoy.
Why settle for less if you will have a choice. Btc as we all know have all these problem.
And we're all hoping to correct this matter.
Hello all,
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
I was looking to resume sales of various collectibles, but am very uncomfortable with relying on Bitcoin for transactions due to the lag and cost involved. Are people on these boards interested in using either Litecoin or Etherium to buy things as well?
I would say to use Litecoin, I personally use litecoin where ever I can, it is a well established and well known coin that:
- is still cheap enough for the average person to purchase.
- is more stable in price than ETH.
- Fast Tx.
- Still has yet to meet its potential regarding price.
I believe there will be big increase businesses using litecoin in the future, currently I wish there was more.
They will only have interest into litecoin and ethereum if bitcoins will totally fall down and get shut down,Yeah those altcoins are making news but bitcoins is alot bigger so no chance for ltc and eth now
I just want to pick the ethereum even though their price was slightly fall down I believe that in the future value of this coins was continues increasing. However, I was not lose hope that fall down of ethereum value was not affect to the marketing of this coins.
I think they will not choose either of two as a payment for any product on their services or menu.Bitcoins is still the mainstream of cryptocurrency and those big altcoins will just shine if bitcoins will eventually come to end and replaced by one of them
Most people can think like you, but I'm already seeing some people dealing with each other with LTC or ETH because the fee costs of BTC. For now these people will continue using especially these two altcoins to transact here, until the BTC fees become lower than now. I have no problem in dealing with these two currencies as their price is good and always go up or stay stable on medium-long term.
I think they will not choose either of two as a payment for any product on their services or menu.Bitcoins is still the mainstream of cryptocurrency and those big altcoins will just shine if bitcoins will eventually come to end and replaced by one of them
I just selected the Ethereum, because ethereum was so valuable now. Did you see the price now? I think their price was unstoppable hoping that is continue until they reach the $1000 per ETH.
Recently when the price of bitcoin went higher people have started to hold ethereum along with bitcoin. This has helped people to use ethereum for the transaction purpose due to the faster confirmation than bitcoin.
The problem with the delay in the transactions and higher fees are making people move on to altcoins, especially ETH and LTC. But most of them never reduced their BTC stash. Even ETH and LTC are growing gradually and there is a hype going around as hard fork is on the corner.
Recently when the price of bitcoin went higher people have started to hold ethereum along with bitcoin. This has helped people to use ethereum for the transaction purpose due to the faster confirmation than bitcoin.
The problem with the delay in the transactions and higher fees are making people move on to altcoins, especially ETH and LTC. But most of them never reduced their BTC stash. Even ETH and LTC are growing gradually and there is a hype going around as hard fork is on the corner.
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