Which old coin do you prefer? Litecoin or Dogecoin?

Ultegra134

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Quote from: Wiwo on October 21, 2023, 05:04:19 PM

Quote from: cryptoaddictchie on October 16, 2023, 08:05:19 AM

Quote from: Abiky on October 16, 2023, 06:34:42 AM

What would be your pick? And why did you choose that coin in the first place? Your input would be greatly appreciated. Thank you.

Personally I didnt use any of these two yet but Ive traded them before on exchange. I am fond of using bitcoin and other altcoins instead of old coins so I didnt know the feeling of using it. But some of my friends are using dogecoin as its very fast and got small fees. Not sure if comparable to L1 if its still much cheaper though.

I still prefer dogecoin, because reason being that, dogecoin have given me a big profits before while the coin was still at it early stage I bought a few of it and left them in a wallet and at that period of the dogecoin craze I made a lot of profits from the coin and ever since then I haven't gone back or try to buy back even though the price of dogecoin plumb down significantly a few weeks after that.

So if I were to choose between the two coins, I would choose dogecoin still since it has been proven that dogecoin has higher fans and chances of recovery, compared to litecoin which looks like a copycat of other projects, for me, dogecoin all the way.

Although I understand your point, I'm going to disagree. Personally, I don't see any usage or a real purpose for Dogecoin; it was created as a meme coin and nothing more. Litecoin, on the other hand, is one of the first altcoins ever created, derived from Bitcoin's source code. How can I ignore something so fundamental and prefer Dogecoin? After all, it's a meme coin, and the only usage it can actually serve is for gambling. I can't seem to think of anything else. I might be wrong, but that's just my opinion. I respect Litecoin for what it is, but unfortunately, I cannot have a similar opinion for a coin that was created just for a meme.

Abiky

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Quote from: Xal0lex on October 23, 2023, 01:38:47 PM

In my opinion, fiat is to blame for everything, as usual. Cryptocurrency was created as a means of payment and an alternative to conventional money, but what happened is that cryptocurrencies are not used as an alternative to fiat, they are used to exchange it for fiat. The crypto community itself is to blame for the fact that they started to interact with fiat more and more, thus attracting the attention of regulators more and more. Cryptocurrency has a phenomenal idea and concept, but people are not yet able to fully appreciate it.

That's certainly true, mate. It has always been about the money. Not about believing in cryptocurrency's underlying tech to change our world for the better (by eliminating the middleman). If people began using crypto as an alternative to Fiat, things would've been different now. Banks would no longer be relevant, as the majority will switch to the decentralized economy. Unfortunately, this is only be a pipe dream. That's because both banks and governments won't allow decentralized cryptocurrencies to take over the world. Otherwise, they will lose power/control over people's financial lives.

Considering that people only care about making money with crypto, we should expect "meme" coins to rise like there's no tomorrow. The rest will go all the way down the drain in an instant (except BTC, ETH, and LTC). I'd say Litecoin is a very undervalued coin, especially when it has a limited supply of only 84m units. It's fast, cheap, and private (with the optional Mimblewimble privacy feature). Best of all, its blockchain network is decentralized and censorship-resistant. LTC is tried-and-tested, unlike many newcomers on the market today. Who knows if it lives alongside BTC for generations? Just my opinion

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Both good use-cases but we know that when it comes to excitement and enthusiasm I think it is Dogecoin that can win the game...with the usual support of no other than Mr. Elon Musk, of course, who is always on the news. Now, having said that, I would not kick Litecoin down the road as it too got a big potential to soar especially in the coming bullish 2024. So. why not just choose the two...with maybe Dogecoin taking up 60% of the total allocation and then Litecoin getting 40% of the share. I am hoping that holders of both coins will be smiling in 2024 all the way to the bank.

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Quote from: tygeade on October 24, 2023, 03:21:42 PM

Quote from: CoinFoxs on October 23, 2023, 10:14:09 AM

Quote from: kevindjunaidi on October 23, 2023, 04:37:00 AM

I prefer Litecoin rather than Dogecoin, because Dogecoin was originally created just for meme coin, so that's what makes me not interested to investing in Dogecoin and prefer Litecoin, because I think meme coin is an investment that has a big risk, but if I could choose an old coin that I like to invest in, then I would definitely still choose Ethereum, because Ethereum is a worthy investment for the long term.

Dogecoin is backed by Elon Musk as we all know and currently, Elon is the richest man in the world. Don't you think he will have a plan to double his investment in Dogecoin. For me dogecoin is best as the future for dogecoin is very bright and in future we will see many millionaires who will become millionaire by dogecoin.

The idea that "dogecoin is backed by Elon Musk" is the most wrongful thing that I have ever seen on this forum and that is saying a lot. It's not a coin that is backed by Elon Musk, the idea of "being backed" isn't what you think it is, just tweeted about it a few times years ago is not meaning that he backs it, or even owns it, he may have sold every single one of them at this point.

Litecoin is good because it's a decent project that keeps trying to be better all the time, and it keeps improving its code and features as well, doge coin was used because Elon tweeted about it. Tell me which one sounds like a good reason to buy a coin? I mean if you say you rather buy and hold something until Elon tweets about it, good luck to you.

Many people who arent very knowledgeable about cryptocurrencies think that "Elon Musk supports Dogecoin." Not everything that a famous person says or supports is actually valuable. Despite how powerful Elon's tweets are, they dont change the basic ideas behind cryptocurrencies. Tech, teamwork, and usefulness are what its all about, right?

We are now talking about Litecoin, a coin that is always trying to get better and fit new situations. Continuous code changes and feature improvements show that it is committed and dedicated. In sharp contrast, this is how Dogecoin became famous for a short time thanks to a few tweets. using short-term endorsements as a basis for business decisions instead of solid technological advances? Playing that game is risky. Any way someone decides, though, is their own business. As the saying goes, everyone's financial journey is different.

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Quote from: CoinFoxs on October 23, 2023, 10:14:09 AM

Quote from: kevindjunaidi on October 23, 2023, 04:37:00 AM

I prefer Litecoin rather than Dogecoin, because Dogecoin was originally created just for meme coin, so that's what makes me not interested to investing in Dogecoin and prefer Litecoin, because I think meme coin is an investment that has a big risk, but if I could choose an old coin that I like to invest in, then I would definitely still choose Ethereum, because Ethereum is a worthy investment for the long term.

Dogecoin is backed by Elon Musk as we all know and currently, Elon is the richest man in the world. Don't you think he will have a plan to double his investment in Dogecoin. For me dogecoin is best as the future for dogecoin is very bright and in future we will see many millionaires who will become millionaire by dogecoin.

The idea that "dogecoin is backed by Elon Musk" is the most wrongful thing that I have ever seen on this forum and that is saying a lot. It's not a coin that is backed by Elon Musk, the idea of "being backed" isn't what you think it is, just tweeted about it a few times years ago is not meaning that he backs it, or even owns it, he may have sold every single one of them at this point.

Litecoin is good because it's a decent project that keeps trying to be better all the time, and it keeps improving its code and features as well, doge coin was used because Elon tweeted about it. Tell me which one sounds like a good reason to buy a coin? I mean if you say you rather buy and hold something until Elon tweets about it, good luck to you.

rodskee

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Quote from: dockrun on October 16, 2023, 08:28:00 AM

I prefer doge, because Elon Musk pumps it lol

Hahaha at least you said the right word about Dogecoin being played by this
Billionaire , if he wanted to Pump Dogecoin is it easy for those who kept having this to earn but the thing
is when will it be? the net bull run or will never?
Litecoin on the other hand as a former top 3 coins , have now losing its support
because of the past dues , but if I am to choose about these 2, of course it is Litecoin that I will choose.

Quote from: Myleschetty on October 24, 2023, 01:21:25 AM

Despite all the previous issues Litecoin once experienced, I will always pick Liecoin over Dogecoin which is a meme coin and according to what I have read meme coin is the playing ground of whales now since they didn't want to lose their Bitcoin bag.

We have the same stand as for us who have seen how Meme coins being manipulated
it is really hard to trust this because chances of being dead in the future is there , while at least litecoin maintained
its higher value comparing to the first one.

Myleschetty

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Despite all the previous issues Litecoin once experienced, I will always pick Liecoin over Dogecoin which is a meme coin and according to what I have read meme coin is the playing ground of whales now since they didn't want to lose their Bitcoin bag.

devil-soul

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Between the two i prefer litecoin, even if it is a little slower in transactions i see it as more stable in value on the market dogecoin Is more like a memecoin with unpredictable changes in value

Xal0lex

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Quote from: Abiky on October 23, 2023, 07:32:31 AM

Quote from: Xal0lex on October 21, 2023, 02:26:37 PM

A bad example is contagious. Many people are absolutely unable to analyze and have no opinion of their own, so it is easier for them to listen to someone and repeat after them. Various opinion leaders take good advantage of this, gathering such an audience around them. DOGE is more speculative, while Litecoin has a strong fundamental and utilitarianism, but in the crypto world utilitarianism is valued much less than the opportunity for speculation, which is why various junk coins are so often growing in value on the crypto market.

It's very unfortunate to see crypto heading into the wrong direction. What was once driven by utility, is now driven by hype/speculation. This situation diminishes innovation, as developers won't care about anything else other than making a quick buck out of investors' own pockets. You can see why Dogecoin's resurgence in popularity brought a wave of worthless "meme" coins into the market. Such coins often have more attention than Litecoin or even Bitcoin itself.

Despite this, I believe there's always a place for Dogecoin due to its inexpensiveness and blazing-fast settlement times. For serious transactions, you can use Litecoin as an alternative to Bitcoin. For micropayments, tipping, or even gambling, Dogecoin is a much better option. If the aforementioned coins stay decentralized, they should be able to last for generations. Just buy, "hodl", and forget about the rest. Grin

In my opinion, fiat is to blame for everything, as usual. Cryptocurrency was created as a means of payment and an alternative to conventional money, but what happened is that cryptocurrencies are not used as an alternative to fiat, they are used to exchange it for fiat. The crypto community itself is to blame for the fact that they started to interact with fiat more and more, thus attracting the attention of regulators more and more. Cryptocurrency has a phenomenal idea and concept, but people are not yet able to fully appreciate it.

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Wouldnt touch either with a barge poll. Much rather Solana.

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Quote from: Abiky on October 23, 2023, 07:32:31 AM

Quote from: Xal0lex on October 21, 2023, 02:26:37 PM

-snip-

It's very unfortunate to see crypto heading into the wrong direction. What was once driven by utility, is now driven by hype/speculation. This situation diminishes innovation, as developers won't care about anything else other than making a quick buck out of investors' own pockets. You can see why Dogecoin's resurgence in popularity brought a wave of worthless "meme" coins into the market. Such coins often have more attention than Litecoin or even Bitcoin itself.

Despite this, I believe there's always a place for Dogecoin due to its inexpensiveness and blazing-fast settlement times. For serious transactions, you can use Litecoin as an alternative to Bitcoin. For micropayments, tipping, or even gambling, Dogecoin is a much better option. If the aforementioned coins stay decentralized, they should be able to last for generations. Just buy, "hodl", and forget about the rest. Grin

We cannot deny that the utility of these altcoins is often ignored because of the tendency of investors to only take advantage of profit opportunities from their price volatility. Of course Litecoin is one worth considering as an alternative to bitcoin - but both altcoin are fine to use for the same purpose.

To be honest, I haven't used these two altcoins as a means of payment so far - in fact I'm not sure this altcoin deserve to be included in my investment portfolio and take 10% of the place there compared to bitcoin. I'm happy to diversify - but my current focus is all about bitcoin.

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Quote from: kevindjunaidi on October 23, 2023, 04:37:00 AM

I prefer Litecoin rather than Dogecoin, because Dogecoin was originally created just for meme coin, so that's what makes me not interested to investing in Dogecoin and prefer Litecoin, because I think meme coin is an investment that has a big risk, but if I could choose an old coin that I like to invest in, then I would definitely still choose Ethereum, because Ethereum is a worthy investment for the long term.

Dogecoin is backed by Elon Musk as we all know and currently, Elon is the richest man in the world. Don't you think he will have a plan to double his investment in Dogecoin. For me dogecoin is best as the future for dogecoin is very bright and in future we will see many millionaires who will become millionaire by dogecoin.

Abiky

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Quote from: Xal0lex on October 21, 2023, 02:26:37 PM

A bad example is contagious. Many people are absolutely unable to analyze and have no opinion of their own, so it is easier for them to listen to someone and repeat after them. Various opinion leaders take good advantage of this, gathering such an audience around them. DOGE is more speculative, while Litecoin has a strong fundamental and utilitarianism, but in the crypto world utilitarianism is valued much less than the opportunity for speculation, which is why various junk coins are so often growing in value on the crypto market.

It's very unfortunate to see crypto heading into the wrong direction. What was once driven by utility, is now driven by hype/speculation. This situation diminishes innovation, as developers won't care about anything else other than making a quick buck out of investors' own pockets. You can see why Dogecoin's resurgence in popularity brought a wave of worthless "meme" coins into the market. Such coins often have more attention than Litecoin or even Bitcoin itself.

Despite this, I believe there's always a place for Dogecoin due to its inexpensiveness and blazing-fast settlement times. For serious transactions, you can use Litecoin as an alternative to Bitcoin. For micropayments, tipping, or even gambling, Dogecoin is a much better option. If the aforementioned coins stay decentralized, they should be able to last for generations. Just buy, "hodl", and forget about the rest. Grin

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I prefer Litecoin rather than Dogecoin, because Dogecoin was originally created just for meme coin, so that's what makes me not interested to investing in Dogecoin and prefer Litecoin, because I think meme coin is an investment that has a big risk, but if I could choose an old coin that I like to invest in, then I would definitely still choose Ethereum, because Ethereum is a worthy investment for the long term.

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Quote from: HamiltonCommunity on October 22, 2023, 11:14:46 AM

I like litecoin, but can't rule out Doge coin. Both coins are decentralized. Litecoin big coin and Doge coin meme coin. Doge coin can be purchased by small retail investors with a small investment. But Litecoin may not get good profit with small investment. And Doge coin is promoted by elom, it may be possible to start payment at any time. I think both are best.

considering the current state of doge coin which is already elevated its value into humongous value and market capitalization, I would think that the return potential will be the same as litecoin, after all doge right now also need not some measly amount to invest if you truly want to make profit, I don't think doge could ever make 500% increase as easy as before, right now its always just some 20% increase after elon shill really different compared to back then therefore the potential of doge coin rising also reduced I guess.
moreover, the fact that both litecoin and doge coin haven't been rising for sometime should be a concern honestly.
after all if someone is looking for altcoin for the sake of faster return, then I guess they got wrong with investing in these both coins, they have reached their peak and maybe will not have any stunt.

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Quote from: TimeTeller on October 21, 2023, 04:59:26 PM

Quote from: Raflesia on October 21, 2023, 04:42:49 PM

I've never been on Litecoin although for Doge we can't deny that almost everyone has been there but it's not a wise choice either when choosing on Doge for now Cheesy

If there are two choices then maybe I will learn more about LTC even though it may not be a priority. Doge could still be an option but with what has happened to them where the hype is high and the Pump and Dump is unreasonable before I would rather avoid this.
Not that I don't like it because I used to like this coin but for now I prefer to play it safe rather than having to force a big risk.

I used to like doge before for transfer purposes because it is quite cheap, that's when it was not yet hyped up by Elon.
But when he started mentioning this old meme coin, the price increased and so the fees.
That's when I checked LTC, and they are cheaper now in fees, or maybe it depends on the platform you are using.
But on the note of fees, I believe, both are still good and you can find them in almost trading platforms, so it is quite easy to trade these alts.
But for long-term investments, I won't choose any of these alts. I'll stick with btc for long-term holding.
These alts for me, have uncertain futures as compared to btc. We don't know where their developments will bring them into.

Everyone must have experienced Doge because at the end of the day if anyone has been here since a few years ago where Doge was before what it is now almost everyone has been at the point where they have Doge but for now this is definitely not an option.
Even if it's in trading I don't really care because I don't do trading and only focus on investing and for other people I actually wouldn't recommend this and because in the end everything remains the same because Doge right now with the power of several influencers behind including Elon they are a meme coin that only relies on Pump and Dump nothing else especially for Investment this is clearly not recommended because in the end this will only make your money burn, but indeed in the end this is just a suggestion not to impose a will when there are other people who want it to be a trading or investment tool then it is their will to do so.

HamiltonCommunity

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I like litecoin, but can't rule out Doge coin. Both coins are decentralized. Litecoin big coin and Doge coin meme coin. Doge coin can be purchased by small retail investors with a small investment. But Litecoin may not get good profit with small investment. And Doge coin is promoted by elom, it may be possible to start payment at any time. I think both are best.

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Both these coins are really old. I remember while playing at Bitsler, 9 years back, I was introduced about these two coins in their platform. Litecoin was already many traders favourite at that time, but Dogecoin gained popularity only after Elon Musk’s interfere in that. If you ask me, then I would always go with Litecoin. The reason is pretty simple. The marketcap and popularity is more than compared to Dogecoin. Moreover it has gained reputation of its own, hence more people will show more trust on it.

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I would have bought both if this crazy space lover guy had not come in to shill for one make the entire crypto ecosystem look like a joke. In the light these recent events, I would prefer Litecoin being the silver to bitcoin and buying that. Even then I dont see much price movements in the future that I can ascertain unlike bitcoin and hence would not invest more than a grand.

I sold most of the DOGE when that shilling happened and made a good profit off it. Never looked back at them. I still believe litecoin can have a good future.

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Quote from: Wiwo on October 21, 2023, 05:04:19 PM

So if I were to choose between the two coins, I would choose dogecoin still since it has been proven that dogecoin has higher fans and chances of recovery, compared to litecoin which looks like a copycat of other projects, for me, dogecoin all the way.

Maybe you are right, but we are talking about technicalities here which one is much convenient and efficient. I cant deny that dogecoin has made a lot of craze last bull run and thats a fact though. Dogecoin is a much contender when it comes to profits since tis founder is super famous but litecoin is also a good and one of the proven coin that has superb tech next to bitcoin and theres a lot of developers prefer that.

Topic: Which old coin do you prefer? Litecoin or Dogecoin? (Read 539 times)