Why do we need Litecoin when we have Bitcoin Cash? - page 2.

Sayeds56

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Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

My preference is Lite coin because its market cap , faster transaction speed and more centralized . Its creator is very serious person and fully dedicated to its project whereas Bitcoin cash has very bad history of conflicts between its creators and that ended up in split of coin. The current price of LTC is around $ 200 and it is in uptrend. I consider its current price as good entry point to book good gains in coming months as it has not shown its real colour during the current rally of Altcoins. My Long term target is $575.

https://www.fool.com/investing/2017/12/24/5-reasons-litecoin-is-a-better-choice-than-bitcoin.aspx

deathcode

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Quote from: ?? on ??

i think the question is reversed . it should be why we need bch when have ltc because afaik its the ltc that is been created first before btc fork takes place and bch came out as its product .

and since i mentioned forked , bch is just a forked coin anyway but ltc isnt and ltc has its own original purpose and most of all bch is heavier than ltc , its fees is a bit high and process a bit slower . aditionaly , so many people hate bch , idk if its because of its founder or its just the coin itself

Of course, more people like LTC. Faster transactions with lower fees than BCH.
LTC's market development is also better. while BCH I think will only follow the capabilities of the BTC market. if there is a pump it is also related to events and trading on the stock exchange. it will not be associated with any development. but LTC has plans for the future. We have already seen that the LTC halving has also been implemented several years ago. although the market response was not good due to bad market conditions at that time. but LTC's long-term potential is better.

nightxglow

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Well, many people answered it already, and one thing for sure is it is because litecoin is a lot better than bitcoin cash. Let's start from the simplest one, bitcoin cash has a bad reputation already, like you know, because of the scams surrounding it, meanwhile litecoin doesn't have anything like that. Bad reputation is bad for the coin, so people of course will prefer the one with good image to the bad ones right? And the prospect of litecoin is a lot better than bitcoin cash, making it a better choice to use or to invest.

maxreish

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Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

When it comes to fees and transactions, I prefer litecoin than bch. And after bch has been hype when it was newly launched, honestly I can not see any progress with bch. However, with our local wallet there is no ltc to be chosen that is why I dont have a choice but to convert some of my fiat money into ltc and xrp. Anyway, ltc is more established than bch IMHO.

Coinsfera

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Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

Litecoin is more innovative than Bitcoin Cash. Also, there is a Litecoin Visa card for payments. Charlie Lee plans to implement Mimblewimble (MW) for private transactions. Litecoin improves itself while Bitcoin Cash stays the same.

ice18

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I still don't understand why do we need bch when we have btc, If those bch holders are hoping that the price of bch will be the same as btc in the future big no it will never happen in my 6 years in crypto I never tried to buy bch I don't know I just dont like it I feel like IM a buying a trash when I buy it haha like many comments say here I will instead buy LTC rather than BCH contrary to OP question.

dihari

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For me crypto is about trust and convenience. Even when you said bch is faster than ltc I'll keep using ltc to transferring funds everytime. Why? Because it's still small on fees. When bitcoin cash sounds like propaganda in the first time when Roger keep saying bch is the real bitcoin, and ltc pronounce it self as lite version of bitcoin sounds as part of bitcoin community.

It's like questioning why do we need eth when we have tron?
Easy to answer

poodle63

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Funny question, frankly speaking lite coin is waay more popular than bitcoin cash, when people talks about bitcoin what they mean is the real bitcoin not this altcoin that has the word "bitcoin" in it.
Not to mention the name Litecoin sounds a lot more legit than bitcoin cash since I assume the primary reason the BCH founder name it like that because they trying to steal bitcoin fame.

Filmmmakerr

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Hello. Bye.

A lot of the answers here pertain to Bitcoin Cash having a "scam" team yet not on fundamentals. I completely understand Litecoin has first movers advantage and Roger Ver isn't exactly the greatest person to back a project but lets remember he also backed and invested into bitcoin prior the existence of Bitcoin Cash. But in reality, when it comes to having a system that could be used as cash, how does litecoin really beat bitcoin cash? Bitcoin cash is faster and cheaper, yes? Bitcoin cash is literally on EVERY exchange Litecoin and Bitcoin are on, Yes? so besides first movers advantage and Roger Ver, why is Litecoin better?

lobo13hf

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Quote from: Ridwan Fauzi on March 21, 2021, 05:07:59 PM

Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

Backing by what?

It should be backed by roger and friends lol. it looks like roger was also trying to be a bitcoin supporter again. If you are reading story behind bitcoin cash and this coin is exist caused by the battle between bitcoin core and roger combined with some miners. I guess roger and friends meant nothing for BSC as it's still getting stuck and it will never go to the somewhere.
No usefulness, no utility and it's only an alternative coin to be used as secondary payment

Wawa2013

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I chose Litecoin because it has a higher market cap when compared to Bitcoin Cash, meaning that Litecoin has a higher demand than Bitcoin Cash.
Then the most important thing is that Litecoin has a better reputation than Bitcoin Cash. As we all know Bitcoin Cash is a project that was originally
created by Roger Ver to replace Bitcoin, by doing a promo that misleads many people by saying Bitcoin Cash is real Bitcoin. This is what makes
Bitcoin Cash's reputation look bad, I don't recommend using Bitcoin Cash. Even Roger Ver also claimed to be Satoshi Nakamoto, this was ridiculous
and ultimately made Bitcoin Cash's reputation look even worse.

Ridwan Fauzi

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Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

Backing by what?

I have heard that if you find bitcoin fork then you have to be carefull because sometime that is the scam coin.

As for litecoin, I really like this coin for a long time. I still my investment since 2017 ago and I got profit.

Litecoin is bitcoin mini, some feature in litecoin most likely same with bitcoin, this is why there are so many people who will talk that litecoin is like bitcoin.

Lordhermes

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Checking at the market volatility and volume of Litecoin, it surpasses bch, also the withdrawal charge in LTC is very low and faster too compare to bch, so why choosing the bch over LTC.

Quote from: zasad@ on March 21, 2021, 03:28:01 PM

There are 105 Bitcoin fork projects in total.

Of those, 74 are considered active projects relevent to holders of Bitcoin (BTC). The remaining 31 are considered historic and are no longer relevant.

Additionally there are 22 altcoin fork projects which have some similarity to Bitcoin fork projects, but have their heritage from a major altcoin."
Check out what happened to the bitcoin forks.
Most of these projects have died.
Bitcoin Cash will face the same fate

Wow, what a ridiculous number of bitcoin folks, the number is much and at such, bcash and bgold were the ones I really have idea about. If actually 74 are active, meaning some will still be fading away over time. Thanks a lot zasad@ for the information.

goaldigger

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Quote from: republicrypto on March 21, 2021, 03:49:24 PM

Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

because litecoin is digital silver in this crypto world if bitcoin is a gold mate
and i have a question for you buddy why we need bitcoin cash ?
regards

I’m also thinking why we need Bitcoin cash where Bitcoin is already doing its job?
Litecoin is a lot more faster and ahead of BCH in terms of marketcap, and if you’re already here before where BCH was created, many hated this one and many believes that this is a useless project, created using the name of Bitcoin to fool investors. I’m also wondering why BCH is still out in the market?

wxa7115

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Bitcoin is GOD

Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

I'm not really a fan of either of those coins however if I had to choose I will pick litecoin in a heartbeat, you need to understand that trust is significantly important when it comes to any form of money, once that trust is lost that currency will go nowhere, bitcoin cash is nothing but a fork of bitcoin and there was a time in which the community thought that if they thought they could do a better work than the bitcoin developers then let them try and see if they are right, but then came the allegations of those supporting bitcoin cash that they were in fact the original and that made the community to turn against them.

Since then the community surrounding bitcoin cash has been nothing but toxic and that is a clear sign that you should stay away from it no matter what happens.

republicrypto

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Keep it Simple guys :)

Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

because litecoin is digital silver in this crypto world if bitcoin is a gold mate
and i have a question for you buddy why we need bitcoin cash ?
regards

zasad@

legendary

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https://forkdrop.io/how-many-bitcoin-forks-are-there
How Many Bitcoin Forks Are There?
"Bitcoin Fork Coin Count
There are 105 Bitcoin fork projects in total.

Of those, 74 are considered active projects relevent to holders of Bitcoin (BTC). The remaining 31 are considered historic and are no longer relevant.

Additionally there are 22 altcoin fork projects which have some similarity to Bitcoin fork projects, but have their heritage from a major altcoin."
Check out what happened to the bitcoin forks.
Most of these projects have died.
Bitcoin Cash will face the same fate

Fivestar4everMVP

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Leading Crypto Sports Betting & Casino Platform

I can't really say much cus am not a technical person at stuffs like this, but what I do know is that before bitcoin cash came into existence, litecoin have been very much around, and for me personally, I prefer litecoin to bitcoin cash cus I've always believed that bitcoin cash is nothing but a clone of bitcoin which at the very beginning, people actually said it was the real bitcoin.

livingfree

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Litecoin is better.

It's the first fork of bitcoin and Bitcoin Cash was just made around 2016. What if you're going to reverse the question and put Litecoin as the favorable and Bitcoin Cash as not the one.

Many would come to choose Litecoin than Bitcoin Cash.

Febo

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Quote from: Filmmmakerr on March 20, 2021, 10:04:15 PM

Real question, Bitcoin cash does it all and better with a stronger backing. Why Litecoin?

Litecoin was created before BCH. So your question should be opposite. Why we need BCH when we have Litecoin. My answer on this question is that holders of Bitcoin did not wanted to sell it and buy Litecoin but they wanted to have own coin with same history as Bitcoin.

Topic: Why do we need Litecoin when we have Bitcoin Cash? - page 2. (Read 526 times)