Topic: Which is better, Dogecoin or Litecoin? (Read 15916 times)

I think litecoin is better than dogecoin. Dogecoin is a meme coin and didn't have any bright future it's a pump and dump coin. I prefer litecoin on dogecoin.  So guys avoid to invest in meme coin. Lite coin have Very bright future and give good profit in future.

I've been back on forth with holding DOGE.  Like many others have pointed out, it is a very "popular coin" and has a good chance of being more mainstream than LTC.

Also pointed out already but I have to reinforce, whatever coin takes hold of everyday use will be the winner.  Go into any city and ask 100 people what bitcoin is and I would be shocked if even 5 people could give you an explanation.  So far only one of my friends knew, but only heard it is a crypto-coin.  Beyond that, I have to explain where/how to get coins, why, how it is used, etc.  They are not technology people though, I get blank stares and "Oh, interesting..." and that's it once the explanation is over.

Yet, you can go on reddit and people that are f*ckin idiots think Dogecoin is fun, cool, and innovative.  That's why I think it will win in the long term.  Stupid people who know nothing about crypto in the first place like it the most.  I'm not saying all doge fans are idiots, just seems like more idiots are doge fans.

Personally, I only hold onto BTC, LTC, and DOGE, with the last being held only because I see possible real potential for common-use in society.

I'd say Litecoin. I consider LTC the best alternative to BTC.

lol go look at the volume of Vault of Satoshi and then compare it to btc-e or any other exchange that deals with LTC

so the founder works at coinbase and you think this is a bad thing ? Jesus Christ it's not for you money .

I think Dogecoin has a slight edge in terms of future upside potential.

We're beginning now to recommended Dogecoin (DOGE), and Goldcoin (GLD) to our clients.

REAL SOLID, SOOOOOO SUPER SOLID GREAT DEV TEAM
- 1 guy is working full time at Coinbase and has basically no time for Litecoin
- the other one is a student(!), studying at university full day and doing 2 hours every evening Litecoin

Dogecoin will at least 100% be on bitcoin.de, its confirmed.
DOGE is at Cryptsy and Vault of Satoshi, they are not small either.
This is not even an argument btw, its just your (false) opinion.

how hurt is your butt? Why use litecoin when i can use bitcoin?

They are so different that you can easily have both.
"Better" depends on the time-frame...
DOGE has a much better chance of going up 100% in under 14 days (for example)

I think you really meant to type "BTC" every time you typed "LTC" in that post.

Dogecoin: The Zimbabwain dollar of cryptocurrencies.

Ill take ltc over doge its stable and built by real programmers.

+1000

Don't expect the neck-beards to understand what you're saying. They're too busy reloading their jar of Vaseline in their mother's basement and re-inflating their blow up dolls.  They have no concept of the social aspects necessary for crypto to succeed on a massive scale. Their ideas of what makes a crypto successful will have it remain relegated to just the tech world.

I think Litecoin create more wealth.

It always amuses how much technocrats are removed from reality...

The reality is, you talk to the average punter on the street and most people don't even know what a Bitcoin is.

So it will be about the first to be adopted by the masses, Doge is going to cream everybody because they are marketing lead.

I would do 50/50 because i like like them both

Litecoin reached almost 0.05 ltc/btc back in November, since then it's been falling, and is now half that price.

Dogecoin reached 0.00000280 doge/btc a month ago, since then it's been falling and is now half that price.

Both have had their moments of dead-cat bounces recently.

Dogecoin just does everything faster than Litecoin, rising, falling, building websites

But the race is still on. I believe it will be clear in a few months who wins. But right now, both have fallen about the same percentage-wise from their peak values, so it's an interesting battle to observe. Only one of them can survive when dust settles

If you hate altcoins and "crap coins" so much... why the hell do I see you posting in every other thread in this subforum?

it's a phenomenon where everyone owns millions of these crapcoins , so everyone thinks it will one day go to $1.

I don't even see how it is a comparison but that is just me.  From my understanding dogecoin has been falling in value and litecoin is currently on the rise.  I don't think dogecoin will be around longterm but I believe Litecoin has a long future ahead.  I'm interested to see what others think.

And will fail once asics 51% it , 3 forks in 3 months.

This. The history of technology is filled with examples of marketing winning over technical merits. Doge is winning in the marketing arena.

Litecoin

I should clarify, I think that LTC has a higher likelihood of being picked up by Coinbase than any other crypto-currency. That said, just because the creator of Litecoin works at Coinbase doesn't mean that it'll be the next crypto-currency on there. This was discussed 6 months ago when that news was released; after all, he's not the owner of Coinbase and let's face it, they are still developing their platforms for Bitcoin as it is right now. Additionally, there are tons of barriers and legwork that needs to be done in order to add a second crypto-currency systematically. I mean even the U.S. government is still murky on so many points regarding Bitcoin; so for a single company to add a second coin wouldn't make sense. I still stand by my comment that it's more likely for another startup to deal with LTC before that startup being acquired by Coinbase. It just makes much more prudent business sense at the moment.

The Litecoin creator works at Coinbase , the next coin on Coinbase will be Litecoin and that's 100%.

shit or shite whats better?

LTC<3

Let make it in short:

Doge: fast distribution 1 year - 5% inflation after
LTC: long distribution but much higher inflation this year 30%
__________________________________________

LTC ASICs = centralized mining in one year just look at cex.io and their 40% hash rate soone or later it will be same with LTC.... ( 65% - of new coins in such distribution )
Doge ASICs will help keep high hash power (last about 10%-15% will be mined in such way and centralized mining)

__________________________________________

Doge even in 3 months enormous market.
LTC allso big market even bigger but coin is much older that Doge.

___________________________________________
Community:
Doge - creative, can donate (eg. Jamayka team) and other stuff. helpfull , but also many kids
LTC - Miners, some bag holders, good Dev team, dedicated haters - this is one of most trolling community ever ( they flame other alts but they cannot stans that LTC is BTC clone in same time )

____________________________________________
Development:
Doge - those guys fast made tip bots, online wallets, light wallets, but many copied from LTC too.
LTC - hmm they aren't so creative active but Devs are more than GOOD
____________________________________________

Speed:
Doge 1min
LTC 2.5mn
_____________________________________________

Winner for me is Doge.
But LTC have some strong pints like market position and Devs.

Biggest Doge + is community and creative people...
Eg. some RobinHood wanted give away on reddit 14m Doges to people and he gave...
i just can't imagine such situation with LTC sry.

The simple fact that there is a thread with multiple pages debating between which digital currency (Litecoin vs. Dogecoin) is better sums everything up.

Just to put things in perspective for those blinded by emotions; let's just say we're comparing cars.

Someone creates a thread asking which car is better, a 2014 Mercedes Bens S class or a 2014 BMW 700 series.  The debate would go on for multiple pages, sort of like this thread.  You'd have lots of posters saying how Mercedes were better and why, whilst others espouse the virtues of BMW's.

But lets say we started a thread and asked if a 2014 Mercedes S class was better than a 2014 KIA (save me the semantics, you know which car most people would want). How far would that thread go? Would there even need to be anything beyond the first page?

What you have here is Litecoin (Mercedes Benz) vs. Dogecoin (BMW) and as such you have multiple pages of passionate people voicing their beliefs as to why one or the other is better.

While most other alt-coins including Dogecoin are just Litecoin clones, Dogecoin makes up for being late to the digital currency world by having a massive community that's making crypto easy for the average person. Dogecoin is the first crypto for many thousands of people and all we have to do is keep rinsing and repeating.  

The digital currency that will win out over all other digital currency will be the one that gets embraced by the main stream.

Right now there is a developing story about a relatively popular main stream website that will be implementing Dogecoin for its visitors to use. If that comes to fruition, we're just a few more steps towards main stream adoption.  Maybe it won't happen for Dogecoin, but just like Bitcoin and Litecoin, Dogecoin is paving the way for things to come.  

You can sit behind your keyboards and cast aspersions against Dogecoin all you want, but in the end, Dogecoin's success will be the success of your preferred digital currency.  

A really good point that has been brought up is the battle between infrastructure and marketing.

My take is that whoever wins the infrastructure battle will win this overall. And one of the keys is whoever can get onto Coinbase first. Mind you, getting on Coinbase itself is quite unlikely at the moment, but I can see a startup that functions like Coinbase dealing in either LTC, DOGE, or really any other coin getting picked up by Coinbase.

That will give them a significant edge as the amount of integration that Coinbase provides is frankly astounding for how young the crypto-currency scene is. After all, Overstock partnered with Coinbase to start accepting BTC. And whatever other currency can get picked up by them will have the clear advantage.

Sure having a marketing edge is nice, but it doesn't mean anything without strong infrastructure. The reason why McDonald's is so strong is not only because of marketing. They have insane Logistics and Supply Chains that are well-managed and well-formed that allows them to not fall under the weight that they have. That's why for a long time, prior to the 2008 recession, McDonald's was the price-maker in the fast food scene. Their infrastructure allowed them to provide the most competitive price.

Going back to Coinbase once again, I don't think they will transact in another coin other than BTC for the short- to medium-term. It's much more likely they would acquire a startup dealing in another crypto-currency. After all, I'm pretty sure Coinbase would rather not have to get through the legal and financial hurdles that they had to with BTC.

Wow. Many Words, Such Run On ..

that's the only thing it has it fails at every other aspect.

LOLZ.  Pig latin.

this makes no sense.

When's the next doge halving?

Dogecoin have something that touch hearts ^^ ..
You can lought from Doge meme but this is marketing hit...
Soon with 5% inflation and BIG market it can be easier to use hold Doge than LTC...
Even tha stupid inflation of BTC and DOge will matter in future but you wont see that today when Doge have HIGH inflation.
Process will take year or two to establish price lvls.
I respect LTC but only for Doge ASICs are win high ash power with low cost that is something that Doge needed...
LTC with so high inflation when wil hit top profit of scypt coins will go down like other script coins.
High diff and roi of ASICs will couse headake LTC miners too soon like it is with BTC miners...
In logn run LOW new points of dystrybution of LTC few datacenters like with BTC with centralize minig in same time
Doge will have 95% coins mined out and that 5% year is in real tip to maintenance network...
That makes Doge ASICs proof it was mined without ASICs mostly...
We will see diffrenece when doge will hit lat halfing ^^ and year later.

As the saying goes: buy the rumor, sell the fact.

El Dude, I hope you managed to offload your overvalued LTCs to the suckers while you were mouth-pumping it and it bounced a la dead-cat style. Too late now if you didn't

wtf r you saying ? why buy a good coin that merchants will accept and has a future with a real dev team when you could buy a clone coin that will die after the next pump ?

welcome to my ignore list , u retard.

my point exactly, why buy when you can get 100 of clones for a fraction of the price? r.i.p off.

                     marketcap                                             24 hour volume
 Litecoin   $ 491,793,556   $ 18.43   26,680,054 LTC   $ 12,806,345   +7.88 %

just end your life already

lol ltc was not built to combat asics 

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  . Litecoin is a complete failure. Built to combat ASICS-NOW BEING RAPED BY SCRYPT ASICS=Mega fail.

I like how you guys subtly try and pump ur shit clonecoin in every litecoin thread.

and yet more Goldcoin pumping.  You guys would be much better off buying real gold.

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.

Several studies looking at first mover advantage in a variety of different industries have found no statistically significant advantage for first entrants. 

Litecoin is the father of them all

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. 

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.

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

weuselitecoin.com and uselitecoin.com

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.

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.

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

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.

The answer is simple:

1 LTC ~ $17
1 Đoge ~ $0.00001?

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.

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.

Litecoin will be on huobi in 24 , the world biggest exchange and will also be on coinbase in 2014 .

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

litecoin!

I like them both. Why choose?

Wrong. Play the ball not the man. Lets talk facts not throw mud.

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.

Reading comprehension paraphrase:  I bought lots of mint coin low, now you buy in and help me pay off my underwater mortgage.  Do it now.

Litecoin, but only because its logo doesnt include a picture of a dog. Apart from that their both shit.

Mintcoin will be inflating at 5% for the next atleast 40 years. Mintcoin is POW/POS. Mintcoin is not IPO shite pure POS. Mintcoin has less coins mined than doge and will have less overall. Mintcoin has a big community and huge infrastructure. Mintcoin is ASIC resistant.

Mintcoin therefore is better than either of these.

Good point.  Had not thought of that angle.  Would be a bit silly tying a shibu inu to the Juarez cartels.

"Heads Roll in Shibe Territory"  …news at 11

Maybe you missed all the news about Doge Road?

Stop trying to hype doge that train came and went a few people made huge bucks and tons lost on the ride down due to multipools.

The OP forgot to add another positive aspect to the Dogecoin list.

Dogecoin has never been portrayed in the media as the money of criminals: money launderers, drug dealers, etc. Do you know why? Exactly! Because Dogecoin is not used for those purposes, that's why. On the contrary, Dogecoin has been receiving a lot of good press for funding a number of charity projects, this gives tremendous value to the coin. I don't think Litecoin can boast of that. Do you realize how positive press is helpful for marketing something? People are not afraid to use Dogecoin, because they will not be associated with criminals, ever, because Dogecoin is what, a joke.

No journalist in their right mind would write an article that Dogecoin is used illegally, it would sound so ridiculous, that the editor wouldn't let publish this article, or it'd be the end of that media outlet for being so stupid as to even conceive of that. This Dogecoin being a joke is turning into Dogecoin's strongest point and helps attract masses. Without masses no wider adoption is possible. Dogecoin has achieved in months what took Litecoin years to achieve.

you can't compare litecoin to dogecoin .


dogecoin is a joke coin that been forked 3 times in 3 months , Litecoin has a real soild dev team and has been stable since 2011. Litecoin also has way more volume then dogecoin.http://coinmarketcap.com/volume.html#ltc


dogecoin is a joke and will never be on big exchanges.

I believe cryptos are a bit like football teams.  There is not a lot of rationality in the ones we support, but I am never going to support Man United and I am never going to use Litecoin.

Given that doge is a relatively simplistic clone it does not need great devs, but if I am being neutral, even though the coin is just 3 months old, it is an area that needs improvement. 

You've summarized it pretty good.

One thing is missing though, that is, current valuation assessment and how it can change in the future.

Litecoin and Dogecoin, all pros and cons weighted are at least equal to each other, but look at their market cap.

Let's say, we look one year from now when 100 bln doges are mined,
by that time, about 30 mln LTCs will have been mined,

assuming they are equal to each other, which they are, both technically, infrastructure wise, community wise, some aspects are better, some worse, but all in all they are about the same,

100 bln doges = 30 mln LTC, which sets the weighted exchange rate at 1 LTC : 3333 DOGEs (current biased exchange rate is 1 LTC = ~ 21 450 DOGEs).

If we sum up the current market caps of both $460 mln + $48 mln = $508 mln and devide it by 2 (because both coins are equal), that puts 1 LTC at $256 mln / 30 mln = $8,53 and that puts 1 DOGE at $256 mln / 100 bln = $0.00256 - quarter of a cent ($0.0008 at the time of this writing).

Summary: LTC should go down ~50%, DOGE should go up 3-fold from current valuations, based on their weighted pros and cons and being about equal.


Oh, and one more, last time I checked, Litecoin didn't have a lightweight wallet application, Dogecoin has 2 lightweight wallet apps (multidoge - ported from bitcoin multibit and wowdoge), that testifies to how more active dogecoin developers are and how more convenient it is for users.

I'd suggest splitting your scrypt coin investments 50:50 LTC:DOGE and see which one wins.


On inflation.

Bitcoin, Litecoin, Dogecoin - all are inflationary. Inflation means money supply grows. Well, it grows for all of them, all of them have new coins mined each day. The difference between Bitcoin/Litcoin and Dogecoin is, the latter mines the core coin supply within 1 year and then inflates each year at 5%. Whereas bitcoin/litecoin will be inflating at 10-15% for the next 3-4 years, then less than that, but still more than 5% till at least 2020. There was a table somewhere, someone posted exact numbers on bitcoin/litecoin/dogecoin yearly inflation.

But one thing you need to remember. Inflation may or may not raise prices of goods and services. It will raise them if there is not enough demand for coins, it will not raise them and can even push them lower if demand for those coins is high. So if there are enough people who are interested to buy Dogecoin, or Bitcoin/Litecoin likewise, their price will be going up, regardless of more coins being sold each day on the market. That's a little bit on the inflation topic.

For the past few weeks we see that there is not much new demand both for bitcoin and altcoins, that's why prices are stagnating or even falling. Cryptos need a wider adoption to see the jump to the next level.

The only non-inflationary coin is a 100% pre-mined coin or proof-of-stake coin like NXT, where no new coins are mined each day. All coins already exist.

These are the two alts that I want to skim my portfolio down to, maybe even concentrate on one of the two.

Good stuff about LTC                     Bad stuff
Old coin                                      Slower than Doge
Big market                                  Low energy community
Faster than BTC                            Why not just use BTC
Only 80 million or so                     Lower liquidity
Collectable                           



Good stuff about DOGE                  Bad stuff
Very big market                           MEME could wear off, like skinny jeans
Great community support               Not taken seriously, much ridicule
Liquidity                                      1 BILLION coins with inflation
Faster than LTC
Much people use

Is any of that incorrect?

What are your opinions, if you had to invest in either?

Is inflation good for a coin?