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Topic: Which is better, Dogecoin or Litecoin? - page 3. (Read 15916 times)

legendary
Activity: 1876
Merit: 1000
March 18, 2014, 09:33:56 AM
#33
Built to combat ASICS-NOW BEING RAPED BY SCRYPT ASICS=Mega fail.

lol ltc was not built to combat asics  Roll Eyes
full member
Activity: 210
Merit: 100
March 18, 2014, 09:17:15 AM
#32
I like how you try to ramp your failed clone coin too, now with 100's of clones the most overvalued coin currently going arround  Roll Eyes. Litecoin is a complete failure. Built to combat ASICS-NOW BEING RAPED BY SCRYPT ASICS=Mega fail.
hero member
Activity: 770
Merit: 500
March 18, 2014, 09:05:28 AM
#31
I like how you guys subtly try and pump ur shit clonecoin in every litecoin thread.
full member
Activity: 232
Merit: 100
March 18, 2014, 08:10:11 AM
#30
and yet more Goldcoin pumping.  You guys would be much better off buying real gold.
member
Activity: 98
Merit: 10
March 18, 2014, 07:50:25 AM
#29
Coke and McDonalds didn't get to where they are now by having the best product.  Dogecoin has a strong brand which sets it apart.

This is an excellent point. But what if you gave people more?

Consumers want convenience and brand familiarity, but also need awesome code. If you were to combine great development with great name recognition, you could create the perfect altcoin storm. That's a recipe one coin is now following thanks to the mastermind that some are calling the next Satoshi. He's the inventor of the 51% defense.
full member
Activity: 232
Merit: 100
March 18, 2014, 07:19:11 AM
#28
Litecoin Smiley is the father of them all

Several studies looking at first mover advantage in a variety of different industries have found no statistically significant advantage for first entrants. 
hero member
Activity: 1008
Merit: 501
March 18, 2014, 07:15:16 AM
#27
Litecoin Smiley is the father of them all
full member
Activity: 232
Merit: 100
March 18, 2014, 07:14:41 AM
#26
For me, Litecoin just doesn't have any unique selling points.  When the code is open source you need a strong brand and identity to set you apart otherwise you have nothing.   Coke and McDonalds didn't get to where they are now by having the best product.  Dogecoin has a strong brand which sets it apart.  I can't say it is better because you have to have faith that it will survive being fully mined out and can keep adding users faster than the coin inflation.  It's still an interesting experiment in my opinion. 
sr. member
Activity: 392
Merit: 250
March 18, 2014, 06:49:22 AM
#25
Looks like you have answer it yourself, Litecoin is all way ahead of doge there's
still a long ground to cover up if it stays that long.
And i still think it's meme thing is worn off already.
So, there's not a very bright future ahead of it in crypto-world.
hero member
Activity: 770
Merit: 500
March 18, 2014, 06:38:28 AM
#24
Huobi and Btcchina put pressure on other exchanges like Coinbase to accept litecoin. It's still hard for people in the US to buy Litecoin , Coinbase will change all that.

It's a chicken and egg problem. Why would they buy it if they can't spend it anywhere? Especially so, if they could buy bitcoin which they can spend. People buy something when they can use it (spend it if we talk about a currency) or for speculation. Most people like to buy when the price is growing. Well, the alts are all trending down right now with tiny dead-cat bounces here and there, but the general trend is down.


What are the reasons to buy bitcoin now?
I see 3 reasons, more or less:
To preserve wealth, for speculation, spend it.


What are the reasons to buy altcoins now?
The only reason is for speculation at this point in time.
But since the trend is down, you won't see a lot of speculative interest either, which means you really have to think of all possible factors not to lose your shirt within a few weeks/months. That's what I am trying to do here, and that's what the OP intended: to weigh all pros and cons. We don't need to tout the same old from a few months ago, times change quickly in crypto currencies scene.

General trend is up for Litecoin , also litecoin has way more stores accepting it then any other coin.

weuselitecoin.com and uselitecoin.com
sr. member
Activity: 336
Merit: 260
March 18, 2014, 06:22:34 AM
#23
Huobi and Btcchina put pressure on other exchanges like Coinbase to accept litecoin. It's still hard for people in the US to buy Litecoin , Coinbase will change all that.

It's a chicken and egg problem. Why would they buy it if they can't spend it anywhere? Especially so, if they could buy bitcoin which they can spend. People buy something when they can use it (spend it if we talk about a currency) or for speculation. Most people like to buy when the price is growing. Well, the alts are all trending down right now with tiny dead-cat bounces here and there, but the general trend is down.


What are the reasons to buy bitcoin now?
I see 3 reasons, more or less:
To preserve wealth, for speculation, spend it.


What are the reasons to buy altcoins now?
The only reason is for speculation at this point in time.
But since the trend is down, you won't see a lot of speculative interest either, which means you really have to think of all possible factors not to lose your shirt within a few weeks/months. That's what I am trying to do here, and that's what the OP intended: to weigh all pros and cons. We don't need to tout the same old from a few months ago, times change quickly in crypto currencies scene.
hero member
Activity: 770
Merit: 500
March 18, 2014, 06:10:21 AM
#22
A coin needs to be easy to buy before big stores can accept it . Now that litecoin will be on all the big exchanges it's a matter of time before Overstock and tigerdirect also start accepting litecoin.

Huobi and Btcchina exchanges are irrelevant for that, because a) Chinese stores can't accept cryptos as legal tender, and b) Chinese customers wouldn't be buying at overseas stores, that's why Huobi and Btcchina introducing Litecoin trading won't bring in a lot of new buyers, and are a purely speculating factor. Some buying is possible, but those who wanted to buy into Litecoin have had other options for a long time, there is no shortage of exchanges for that matter, both in China and US/EU.

Huobi and Btcchina put pressure on other exchanges like Coinbase to accept litecoin. It's still hard for people in the US to buy Litecoin , Coinbase will change all that.
newbie
Activity: 22
Merit: 0
March 18, 2014, 06:08:29 AM
#21

I think Litecoin is a cryptos that could work in real life, online shopping and etc., and it is the concurent to BTC,

for anycoin now marketing and promotion are the most important things
History is one of marketing points

So I do not believe in future of DOGE
sr. member
Activity: 336
Merit: 260
March 18, 2014, 05:55:36 AM
#20
A coin needs to be easy to buy before big stores can accept it . Now that litecoin will be on all the big exchanges it's a matter of time before Overstock and tigerdirect also start accepting litecoin.

Huobi and Btcchina exchanges are irrelevant for that, because a) Chinese stores can't accept cryptos as legal tender, and b) Chinese customers wouldn't be buying at overseas stores, that's why Huobi and Btcchina introducing Litecoin trading won't bring in a lot of new buyers, and are a purely speculating factor. Some buying is possible, but those who wanted to buy into Litecoin have had other options for a long time, there is no shortage of exchanges for that matter, both in China and US/EU.
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
March 18, 2014, 05:44:55 AM
#19
The answer is simple:

1 LTC ~ $17
1 Đoge ~ $0.00001?
hero member
Activity: 770
Merit: 500
March 18, 2014, 05:44:42 AM
#18
El Dude,

2013 was the year when exchanges and speculators were the main driving force of the price. This is not sustainable, as you can't shuffle air indefinately, pumping and dumping.

2014 will be the year when who creates more infrastructure and actually allows to use the currency in any meaningful way will be leading the herd. Thus, adding to just another exchange or two doesn't bring it to the next level, at best it only gives some buying support, which can as easily vanish if the currency lacks infrastructure and shops to spend it.

A coin needs to be easy to buy before big stores can accept it . Now that litecoin will be on all the big exchanges it's a matter of time before Overstock and tigerdirect also start accepting litecoin.
sr. member
Activity: 336
Merit: 260
March 18, 2014, 05:36:36 AM
#17
El Dude,

2013 was the year when exchanges and speculators were the main driving force of the price. This is not sustainable, as you can't shuffle air indefinately, pumping and dumping.

2014 will be the year when who creates more infrastructure and actually allows to use the currency in any meaningful way will be leading the herd. Thus, adding to just another exchange or two doesn't bring it to the next level, at best it only gives some buying support, which can as easily vanish if the currency lacks infrastructure and shops to spend it.
hero member
Activity: 770
Merit: 500
March 18, 2014, 05:33:16 AM
#16
You need to factor in the real world relationships that will drive adoption- in the case of Litecoin, Charlie Lee is well positioned in his relationship with Coinbase and obviously BTC China via his brother. You can bet that these ties will count for something as mass adoption begins. I don't know about the developers of Dodge- so I can't comment, but I do know that despite being decentralised, the people inherently connected with cryptos will count for something.

I hear you, but 1) btcchina is no longer the exchange with largest volume, 2) they missed the chance to take Litecoin to the next level back in November, when Max Keiser made his tweet on Litecoin to reach $50. If btcchina introduced Litecoin trading back then, in sync with Max's tweet and general enthusiasm for Litecoin, Litecoin would probably go to 0.1 ltc/btc and stay there and truely become the only second alt and gain a lot of user base.

But that opportunity is now lost, there is a bunch of innovative alts now that are taking capital away from Litecoin. Whereas back a few months ago Litecoin was attracting most new users of altcoins, it's different now. New users of altcoins have been scattered over a bunch of altcoins like cockroaches over the kitchen table, seeing benefits of other alts. Its very doubtful they can now get together into just 1 altcoin.

I found the pic I looked for, yearly inflation for 2015-2020



Litecoin will be on huobi in 24 , the world biggest exchange and will also be on coinbase in 2014 .
sr. member
Activity: 336
Merit: 260
March 18, 2014, 05:28:05 AM
#15
You need to factor in the real world relationships that will drive adoption- in the case of Litecoin, Charlie Lee is well positioned in his relationship with Coinbase and obviously BTC China via his brother. You can bet that these ties will count for something as mass adoption begins. I don't know about the developers of Dodge- so I can't comment, but I do know that despite being decentralised, the people inherently connected with cryptos will count for something.

I hear you, but 1) btcchina is no longer the exchange with largest volume, 2) they missed the chance to take Litecoin to the next level back in November, when Max Keiser made his tweet on Litecoin to reach $50. If btcchina introduced Litecoin trading back then, in sync with Max's tweet and general enthusiasm for Litecoin, Litecoin would probably go to 0.1 ltc/btc and stay there and truely become the only second alt and gain a lot of user base.

But that opportunity is now lost, there is a bunch of some innovative, some not, alts now that are taking capital away from Litecoin. Whereas back a few months ago Litecoin was attracting most new users of altcoins, it's different now. New users of altcoins have been scattered over a bunch of altcoins like cockroaches over the kitchen table, seeing benefits of other alts. Its very doubtful they can now get together into just 1 altcoin.

I found the pic I looked for, yearly inflation for 2015-2020

hero member
Activity: 602
Merit: 500
March 17, 2014, 11:27:14 PM
#14
litecoin!
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