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Author Topic: What's the best use for Litecoin  (Read 24402 times)

Offline moonfrost21

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What's the best use for Litecoin
« 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?

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What's the best use for Litecoin
« on: February 04, 2018, 01:06:39 AM »

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Re: What's the best use for Litecoin
« Reply #1 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.

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Re: What's the best use for Litecoin
« Reply #2 on: June 05, 2018, 11:53:03 AM »
Litecoin has established itself as one of the fastest and cheapest cryptocurrency to transact with.

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Re: What's the best use for Litecoin
« Reply #3 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.

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Re: What's the best use for Litecoin
« Reply #4 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.

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Re: What's the best use for Litecoin
« Reply #5 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.
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Re: What's the best use for Litecoin
« Reply #6 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.

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Re: What's the best use for Litecoin
« Reply #6 on: June 24, 2018, 05:01:06 PM »


Offline altery0518

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Re: What's the best use for Litecoin
« Reply #7 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.
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Re: What's the best use for Litecoin
« Reply #8 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

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Re: What's the best use for Litecoin
« Reply #9 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.
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Re: What's the best use for Litecoin
« Reply #10 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.

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Re: What's the best use for Litecoin
« Reply #11 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.

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Re: What's the best use for Litecoin
« Reply #12 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.

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Re: What's the best use for Litecoin
« Reply #13 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.

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Re: What's the best use for Litecoin
« Reply #14 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.

 

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