Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: moonfrost21 on February 04, 2018, 01:06:39 AM

Title: What's the best use for Litecoin
Post by: moonfrost21 on February 04, 2018, 01:06:39 AM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?
Title: Re: What's the best use for Litecoin
Post by: yusuf98 on May 03, 2018, 11:45:11 AM
Litecoin has a shorter inter-block spacing of only 2.5 minutes, whereas Bitcoin has a 10-minute block spacing, which means that transactions are running faster than Bitcoin. The use of algorithms is different where Litecoin uses scrypt, while Bitcoin uses SHA2.
Title: Re: What's the best use for Litecoin
Post by: onlinedollars on June 05, 2018, 11:53:03 AM
Litecoin has established itself as one of the fastest and cheapest cryptocurrency to transact with.
Title: Re: What's the best use for Litecoin
Post by: Eben on June 08, 2018, 07:46:06 PM
Litecoin has established itself as one of the fastest coins to transact with, with inter block spacing of about only 2.5 minutes.
Title: Re: What's the best use for Litecoin
Post by: Sherry_mae on June 10, 2018, 02:00:47 AM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

The litecoin is more faster than the bitcoin because the block spacing of the litecoin is on 2.5 minutes only while the bitcoin consist of 10 minutes block spacing. So for me the advantage and the best used of litecoin is its fast transaction.
Title: Re: What's the best use for Litecoin
Post by: jbc081475 on June 24, 2018, 05:35:25 AM
The advantage of litecoin is its fast transaction.Litecoin has a shorter inter-block spacing of only 2.5 minutes.Whereas bitcoin has a 10-minute block spacing which means that transactions are running faster than bitcoin.
Title: Re: What's the best use for Litecoin
Post by: Burdogs on June 24, 2018, 05:01:06 PM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?
Litecoin is very similar to bitcoin, but through tweaking to the settings, it is technically a superior algorithm.Litecoin is very fast in transactions as compared to Bitcoin. Its easy to mine but bitcoin isn’t.
Title: Re: What's the best use for Litecoin
Post by: altery0518 on June 27, 2018, 02:10:52 PM
I think the best use of litecoin is for day trading and through investing in long term.
Title: Re: What's the best use for Litecoin
Post by: okstefen on July 07, 2018, 09:57:53 AM
Litecoin is the best coin to move the high cost coins like btc and ethereum. Gas fees of ETH and BTC sometimes can be killing, in a time like this, it will be best to convert to LTC for faster and cheaper transaction
Title: Re: What's the best use for Litecoin
Post by: therozaq on July 07, 2018, 02:52:52 PM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

The best use for Litecoin is cheaper transactions fee and fast transactions. I use litecoin for investment.
Title: Re: What's the best use for Litecoin
Post by: dekafee79 on July 10, 2018, 03:36:15 PM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

I think The best use for Litecoin is for trading. Because It is more stable. I used it for day trading.
Title: Re: What's the best use for Litecoin
Post by: legend45 on July 14, 2018, 12:19:45 PM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

I personally prefer litecoin for short term. It is faster transactions speed than BTC and ETH.
Title: Re: What's the best use for Litecoin
Post by: Bobcrypto on July 14, 2018, 03:17:04 PM
Yes, and besides short term investment, Litecoin is a fork of Bitcoin and functions in a very similar manner. However, It takes Bitcoin roughly 10 minutes to create a block and complete a transaction. Litecoin, on the other hand, produces blocks in only 2.5 minutes, and this is one of the best for Litecoin.
Title: Re: What's the best use for Litecoin
Post by: Baby Crypto on July 15, 2018, 03:13:25 AM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

I think Litecoin is good for trading and hold for long term investment. It is one of potentially crypto currency.
Title: Re: What's the best use for Litecoin
Post by: Mbah Jenggot on July 15, 2018, 05:12:40 PM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

In my opinion the best use for litecoin is long term investment. You will get alot benefits from it.
Title: Re: What's the best use for Litecoin
Post by: ASTRO77 on July 15, 2018, 08:39:54 PM
 It allows individuals to make payments or transactions anywhere in the world with relatively low fees.
Title: Re: What's the best use for Litecoin
Post by: anshor1 on July 16, 2018, 11:25:02 AM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

Litecoin is good for trading and also good for long term investment..I have done it
Title: Re: What's the best use for Litecoin
Post by: Zed0X on September 06, 2018, 06:00:43 AM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

Litecoin is also widely used in merchants and other payment companies. From what I have seen, establishments that accepts bitcoins also accepts litecoin.
Title: Re: What's the best use for Litecoin
Post by: BenWhite on September 06, 2018, 01:08:26 PM
Litecoin is good one for sure, but for me ETH is better to invest in.
Title: Re: What's the best use for Litecoin
Post by: mojerjer on September 10, 2018, 12:53:53 PM
Litecoin is a good coin to invest and has the best for used.Litecoin has a shorter inter-block spacing of only 2.5 minutes, whereas Bitcoin has a 10-minute block spacing.Litecoin has a faster transaction compare to Bitcoin.
Title: Re: What's the best use for Litecoin
Post by: troiano9 on September 10, 2018, 09:08:23 PM
Used is for trading when BTC was so expensive to move
Title: Re: What's the best use for Litecoin
Post by: Kitme on September 11, 2018, 09:42:13 AM
Litecoin is powerful platform in cryptomarket litecoin has very high speed transactions so don't wait for confirmations and this platform high security enable platform. Now Many places accepting litecoin payment system .
Title: Re: What's the best use for Litecoin
Post by: Watu_pawon on September 14, 2018, 02:36:07 AM
Litecoin also has advantages besides trading crypto and I think Litecoin can also trade in online stores, and at a low cost it will provide its own benefits.
Title: Re: What's the best use for Litecoin
Post by: skinhead on September 15, 2018, 04:12:12 AM
It is absolutely true that Litecoin has the faster transaction compare to Bitcoin because Litecoin has only 2.5 minutes inter blocking spacing while Bitcoin will take 10 minutes on inter blocking spacing.Faster transaction is the special used for Litecoin.
Title: Re: What's the best use for Litecoin
Post by: Sapp on September 15, 2018, 06:31:58 PM
From what I see, companies that accept bitcoin also receive litecoin. Litecoin is also widely used in traders and other payment companies.
Title: Re: What's the best use for Litecoin
Post by: andreanthree on November 06, 2018, 05:37:52 PM
The litecoin is greater faster than the bitcoin due to the fact the block spacing of the litecoin is on 2.Five minutes handiest even as the bitcoin include 10 mins block spacing. So for me the benefit and the excellent used of litecoin is its fast transaction.
Title: Re: What's the best use for Litecoin
Post by: Sakita Joana on November 09, 2018, 10:10:49 AM
cheap and fast transaction fees, of course trading is also more profitable than bitcoin. Long-term investment has more benefits, but in my opinion, cheap and fast transaction costs are the most prominent advantages of litecoin.
Title: Re: What's the best use for Litecoin
Post by: moantana on November 09, 2018, 08:10:19 PM
hahaha litecoin itself is quite a lot that uses as a payment tool there is a market that uses litecoin as an example of XRP / LTC
Title: Re: What's the best use for Litecoin
Post by: Sudarmono on November 16, 2018, 10:40:31 PM
I think Litecoin also has another place besides trading on the market, and I strongly believe that Litecoin is very good to hold.
Title: Re: What's the best use for Litecoin
Post by: Whate on November 16, 2018, 11:04:39 PM
For me the benefits and excellent use of litecoin are fast transactions. Litoinoin is faster than bitcoin because the fact that block distance from litecoin is 2.Five minute handiest even when bitcoin includes 10 minutes block distance.
Title: Re: What's the best use for Litecoin
Post by: vola on November 17, 2018, 11:35:37 AM
Litecoin is a useful coin. Litecoin's price is very low, but I think its future is much better. Litecoin is now being used in almost all cases to invest in ICO but it is still required by Litecoin.
Title: Re: What's the best use for Litecoin
Post by: JR_Mario on November 18, 2018, 05:03:59 PM
Guys tell me what commissions in Litecoin?
Title: Re: What's the best use for Litecoin
Post by: waitingforday on November 20, 2018, 02:12:27 PM
Guys tell me what commissions in Litecoin?
https://bitinfocharts.com/comparison/litecoin-transactionfees.html
Right now they very low
Title: Re: What's the best use for Litecoin
Post by: Richa99 on November 28, 2018, 11:38:38 PM
although litecoin is not as good as ethereum and also bitcoin but i still strongly believe in litecoin and i think litecoin still has their own functions and if for trading it is certain.
Title: Re: What's the best use for Litecoin
Post by: aldenlim on November 30, 2018, 12:40:23 PM
although litecoin is not as good as ethereum and also bitcoin but i still strongly believe in litecoin and i think litecoin still has their own functions and if for trading it is certain.
Litecoin's function is the same as Bitcoin and it looks like the exact copy of Bitcoin's blockchain technology. The only
thing that differs Litecoin from Bitcoin is the popularity of this two different kinds of cryptocurrency and we know that
Bitcoin's popularity is far way greater than Litecoin has.
Title: Re: What's the best use for Litecoin
Post by: Ahmedalab on December 01, 2018, 04:41:37 PM
litecoin is more faster than the bitcoin because the block spacing of the litecoin is on 2.5 minutes only while the bitcoin consist of 10 minutes block spacing. So for me the advantage and the best used of litecoin is its fast transaction.
Title: Re: What's the best use for Litecoin
Post by: IyemRoker on December 02, 2018, 05:05:12 AM
I have never traded with Litecoin or participated in ICO using Litecoin.
But Litecoin makes me the benchmark for cryptocurrency which is the equivalent of Bitcoin and many people say that LiteCoin is Digital Silver.
Title: Re: What's the best use for Litecoin
Post by: masudginanjar on December 03, 2018, 02:50:50 PM
Old coins that are equivalent to Bitcoin and Ethereum.
Everyone believes in LiteCoin and almost all Exchanges in the world are open to trading LiteCoin.
Title: Re: What's the best use for Litecoin
Post by: Joankii on December 03, 2018, 03:37:43 PM
Old coins that are equivalent to Bitcoin and Ethereum.
Everyone believes in LiteCoin and almost all Exchanges in the world are open to trading LiteCoin.

Basic litecoin and bitcoin are almost the same, it's just more popular than bitecoin bitcoin. and what you say is that true litecoin is equivalent to btc and eth
Title: Re: What's the best use for Litecoin
Post by: Bobcrypto on December 04, 2018, 08:53:47 PM
Yes, litecoin and Bitcoin are potential coins and has thesame use cases but with little deferences like the market capitalization and total coin supply, others are  defferent mining algorithems different transaction speed. 
Title: Re: What's the best use for Litecoin
Post by: Blue4 on December 07, 2018, 06:45:01 AM
Litecoin is best coin in cryptomarket because litecoin has high speed Blockchain technology it's almost equal with bitcoin Blockchain technology but both are different thus we can make payments through lighting network so litecoin is developing many market places I think this is the good future of this Coin.
Title: Re: What's the best use for Litecoin
Post by: Luis on December 08, 2018, 02:03:30 AM
Litecoins is being use for payments because of the low fee network, plus the fast transactions and the price of Litecoins is decent cheap so we can use it on almost every payment on our life
Title: Re: What's the best use for Litecoin
Post by: sornaakter01 on December 09, 2018, 04:30:59 PM
You can use Litecoin for many investment purposes. You can use Litecoin to invest in the market. If you want to earn a lot of dollars with Litecoin because Litecoin can use it for business purposes, I think that Litecoin is a standard unique
Title: Re: What's the best use for Litecoin
Post by: ponin on December 10, 2018, 01:25:42 AM
 A Litecoin wallet is a software application that allows you to store, send and receive your Litecoins in a secured way. Some of the Litecoin(LTC) wallets focus on security more, some focus on its easy-to-use features. Based on specific requisitions, people choose their wallets.
Title: Re: What's the best use for Litecoin
Post by: MVT$ on December 22, 2018, 06:01:31 PM
For a user and without those technical stuffs, Litecoin is one of the cheapest and most convenient cryptocurrency to use when buying goods/services.
Title: Re: What's the best use for Litecoin
Post by: zendicator on December 22, 2018, 06:05:52 PM

[/quote]

The litecoin is more faster than the bitcoin because the block spacing of the litecoin is on 2.5 minutes only while the bitcoin consist of 10 minutes block spacing. So for me the advantage and the best used of litecoin is its fast transaction.
[/quote]

 Thanks brother. I learned a lot. Im starting to like litecoins by the way and I think it can surpass Ethereum next few years from now.
Title: Re: What's the best use for Litecoin
Post by: Hadley on December 23, 2018, 01:51:22 PM
For me I used Litecoin when I want to transfer money from this wallet to another wallet, because Litecoin network offer a really low fee and the transaction is also very fast.
Title: Re: What's the best use for Litecoin
Post by: Abiodun on January 02, 2019, 05:14:08 PM
For me litecoin is amongst the stable coin in this bear market and it hasn't really lost its value like that.. I'll prefer it to be an investment coin.
Title: Re: What's the best use for Litecoin
Post by: kent47400 on January 03, 2019, 06:36:12 AM
LiteCoin is included in the UFC sponsorship and it is certain LiteCoin has a wallet hardware that is widely used.
We know that the UFC is a well-known martial art all over the world and it's good for HODL LiteCoin.
Title: Re: What's the best use for Litecoin
Post by: Leader on January 14, 2019, 06:04:36 PM
If it is true that by the end of 2019 the cost will drop to $ 13, then it is better to exchange for another cryptocurrency.
Title: Re: What's the best use for Litecoin
Post by: Blue4 on June 16, 2020, 08:42:16 AM
Litecoin is popular altcoin so this coin is maintaining top position in cryptomarket compared with bitcoin we can send litecoins too fastly and very low transaction fee also this coin is best altcoin for long-term investments .
Title: Re: What's the best use for Litecoin
Post by: Michael.sol on June 23, 2020, 09:38:54 AM
There is alot of use of litecoin in market specially Transaction speed in litecoin is really fast , alternatively litecoin also good for mining and trading purpose.
Title: Re: What's the best use for Litecoin
Post by: Muneeb22 on June 30, 2020, 12:26:31 PM
The best use of LTC coin is for the trading because trading is the best way through which we can make our money double and we can withdraw that on our daily basis. LTC is the best coin to make money in crypto market.
Title: Re: What's the best use for Litecoin
Post by: Muneeb22 on June 30, 2020, 12:31:32 PM
The best use of LTC coin is for the trading because trading is the best way through which we can make our money double and we can withdraw that on our daily basis. LTC is the best coin to make money in crypto market.
Title: Re: What's the best use for Litecoin
Post by: Doctor on July 01, 2020, 09:18:02 AM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

By seeing the progress  of litecoin,  I think Litecoin  is good coin for long term investment.  It is very potential  and will be more valuable at the next year.  I have bought litecoin and hold it.  I think It is the best use for litecoin.
Title: Re: What's the best use for Litecoin
Post by: rizqillah on July 05, 2020, 01:57:23 AM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?

In my opinion,  I think  Litecoin  is  good for long term investment.  I see litecoin  have good progress  and I have used litecoin  for daily  trading  and long-term investment,  I think It is very profitable.
Title: Re: What's the best use for Litecoin
Post by: Jentot on July 05, 2020, 09:49:52 AM
Litecoin is good for transaction it only had small transaction fee and it is more 4x faster than bitcoin transaction.
Title: Re: What's the best use for Litecoin
Post by: micjoh on July 07, 2020, 07:29:13 AM
Litecoin is a potential coin so many user are using Litecoin in day trading, long term invest, transaction and gambling.also now Litecoin price is low so I think current price is best for buy and hold.so you can get more benefits in the future.
Title: Re: What's the best use for Litecoin
Post by: doc on July 07, 2020, 12:53:08 PM
Unlike Bitcoin that is widely used in merchants and other payment companies and unlike Ethereum that have been very useful when you want to invest in an ICO, is it only for trading to other cryptocurrency?


In my analyzing, I think litecoin is best for long term investment and trading. If you have free money, You can buy litecoin now and hold for long term, maybe it is the best way to do now. Because many prediction litecoin will have good future
Title: Re: What's the best use for Litecoin
Post by: gourav787 on July 17, 2020, 09:38:34 AM
Like bitcoin we can easly used litecoin also , we used litecoin for making payments , we can used litecoin for mining . We can also used litecoin for trading also .
Title: Re: What's the best use for Litecoin
Post by: syedrasool2011 on August 06, 2020, 10:39:23 PM
just buy some coin hold them
Title: Re: What's the best use for Litecoin
Post by: blue on August 07, 2020, 06:17:50 AM
Litecoin is the best coin for investment so we can use this coin to earn profits but this technology is popular in crypto adopting places hereby we can send payments too quickly and more secure in low transaction fees.
Title: Re: What's the best use for Litecoin
Post by: syedrasool2011 on August 09, 2020, 07:15:20 PM
hold and hold ltc price will touch 200$
Title: Re: What's the best use for Litecoin
Post by: H2O on August 12, 2020, 01:39:11 AM
Hey guys, Litecoin is also used to investment because Litecoin a profitable coin or worthy coin to get more profits.
Title: Re: What's the best use for Litecoin
Post by: dekafee79 on August 19, 2020, 03:42:34 PM
Hey guys, Litecoin is also used to investment because Litecoin a profitable coin or worthy coin to get more profits.

I think the use for litecoin is for investment. It is good for long term investment. Litecoin is also good for transaction, because litecoin is fast transaction and low transaction fee. Litecoin is really good to do that. Transaction and investment.