btc vs ltc reddit

I would actually look into overall transaction cost once segwit comes to BTC , since that will play a huge role on what will eventually get accepted by merchants, New comments cannot be posted and votes cannot be cast. Since its inception, there have been questions surrounding bitcoin’s ability to scale effectively. Several years ago BTC was taken over by those that do not wish for peer-to-peer electronic cash to succeed. Then I sent $1000 pesos in ltc and I paid $0.01 pesos. One of the main security concerns for a blockchain network is what’s known as a 51% attack, which is when a miner or group of miners gains control of more than 50% of the network’s hashrate, or mining power. Just be careful... there's much propaganda and misinformation out there. But a bounce is due, according to one crypto analyst‘s interpretation of the LTCBTC price chart. I feel the same. For example: if you search "blocksize limit of Bitcoin cash" you'll see a lot of really well explained comments often from the BCH devs. • BCH can comfortably handle 256mb blocks on a Raspberry pi right now, allowing PayPal levels of commerce. Bitcoin Cash (BCH) is currently the only bitcoin implementation that follows the original Satoshi Nakamoto whitepaper for peer-to-peer e-money. Sorry. LTC has the same scaling problems as BTC and given the same amount of use it will have the same problems with congestion, unreliable transactions and high fees. • https://detoken.net/ Hedge and long Bitcoin Cash. The Great Wall of China wasn't built in a day. While this network offers more coins, the USD value of LTC is far lesser than BTC. LTC to BTC rate for today is ₿0.00614271. When we compare the fees for using the two networks, we can see that the Litecoin fee has been consistently dropping over the last year. Additionally there really isn't any active development going on with Litecoin. I invested for long term, and may what happen, i would continue to hold these. Bitcoin, which originated in 2009, is the dominant brand; Litecoin, founded two years later, is one of its leading competitors. Features. They are about to implement mimble wimble to the blockchain allowing a privacy feature to be enabled on transactions. I use the core, desktop wallets for LTC and BTC. Thats what my strategy is. At this point I'd say LTC is just BTC's testnet. I wouldn't recommend storing the majority of your CC on an exchange, even Coinbase which is probably the safest as they are ensured for anything they (but not you) do wrong, i.e getting hacked. This happened long before the creation of Bitcoin Cash. We hope you enjoy our Litecoin Wallet. So, when you exchange BTC to another crypto, you're potentially raising the price of two Cryptos, or … LTC Vs BTC: Which Is Better To Invest? Bitcoin Cash on the other hand … We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Some people are of the opinion that Ripple, which is nearly one year old, is the currency which is going to dominate cross-border transactions due to its tools efficiency and proficiency. Doesn’t matter that it’s cheap now, if it ever grew (it won’t) it would be expensive and slow just like BTC. Give it some time and it will be back near its all time high, Loosing confidence but not loosing my coins for sure. It’s not a competition because Litecoin will follow same scaling model as BTC. They aren't working to change anything. Bitcoin continue to trade above 2700, and LTC is finding it hard to stay over 45. Litecoin LTC is one of the behemoths of crypto. If you want a more advanced technical understanding I would recommend doing searches, plenty of good threads there. Ltc vs btc or eth I just sent $1000 Mexican pesos in eth from bitso to my eth wallet and the network fee was $36 pesos (like $1.5usd). • https://anyhedge.com/ decentralized finance derivatives on BCH. When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became a community for free and open cryptocurrency discussion. Although the L3++ is now two years old it’s still a good option for anyone just getting into Litecoin mining. LTC has the same scaling problems as BTC and given the same amount of use it will have the same problems with congestion, unreliable transactions and high fees. There is development. BTC/LTC current rate calculator. In terms of price, currently, Bitcoin is being traded around $60,000 while Waves has a price per coin of $12.81. You're more often than not trading on a BTC, LTC, or ETH market, or a variation of the exchanges own token, of which is still backed by the main cryptos. ASICs are the most efficient miners so we’ll start with one of the most popular Litecoin ASICs of all time: the Antminer L3++.. LTC / BTC about 1 month ago in 3 april i published an idea about LTC historical and interesting buy zone You can check original idea attached below LTC moved up since this idea by around 64% in btc pair alone (easy money ) WHAT NEXT ? Thats not trading, Honestly i don't like to day trade. There are three different types of Litecoin miners to choose from: CPUs, GPUs and ASICs. Bitcoin vs. Ethereum: An Overview Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the second most popular digital token after bitcoin (BTC). Litecoin to BTC Chart. ETH, BTC, and LTC. However, it’s inaccurate to claim there is no dev team for LTC. In any event, I'm looking for other thoughts on ETH vs LTC as the bigger parts of my portfolio. • BCH has SLP tokens which you can read about here: https://simpleledger.cash/ tokens much like Ethereum are being added all the time, examples can be found on that site. 1h. For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. New to BCH, curious why it is better than both BTC and LTC. Stay strong, it will rise. I don't feel realism in this subreddit. It is seen as a safe alternative investment, but one that may never grow in value as much as Bitcoin. HODL. Download from the official websites. More than a decade ago Satoshi Nakamoto envisioned a new type of digital asset that would revolutionize the exchange of value. Nevertheless, someone unfamiliar with technology can still appreciate the monetary benefits of Bitcoin and want some exposure to BTC. LTC is up against a lot of competitors, making its path to adoption unclear. Both Bitcoin and Litecoin are cryptocurrencies. A comparison of the 2014 Litecoin (LTC) versus Dogecoin (DOGE) hash-rate oscillations with the 2017 Bitcoin (BTC) versus Bitcoin Cash (BCH) oscillations may reveal some lessons. Press J to jump to the feed. I'm all for consumers having lots of options. Think critically. Buy more this weekend in the dip. At the time of writing (April 7, 2018), there are 55,975,012 LTC in circulating supply, meaning nearly 67% of litecoins have already been mined. Nor in the merchants eyes. There's lots of good information out there to learn more about Bitcoin cash. This cap is now ostensibly in place for "decentralisation purposes" which is flawed logic but we'll leave that aside for now. Cake Wallet also has an exchange built in to convert between LTC, XMR, BTC, BCH, ETH, and many more. Press question mark to learn the rest of the keyboard shortcuts. This site gives a good basic difference: https://whybitcoincash.com. • BCH is processing more transactions per day than BTC since February and yet has sub-penny fees, BTC and ETH do not https://bitcoinfees.cash/. Only 84 million LTC exist, a mere four times the amount of the BTC supply. BTC (Bitcoin) to LTC (Litecoin) online currency converter. Bitcoin’s algorithm uses SHA 256, while Litecoin uses scrypt algorithm. The reason BTC is suffering this congestion problem is that it has an artificial 1MB blocksize cap - introduced originally to prevent network spam (back when millions of tiny transactions would be a cheap way to crash the network). So even though LTC is just a literal copy of BTC including segwit and 1MB blocksize cap, with only a different hashing algorithm and 4x faster blocktime, it is very useful for traders. Litecoin is often called the silver to Bitcoin’s gold. Bitcoin was first traded back in 2009. Another key difference for LTC is the use of different hashing algorithms to make LTC faster than BTC. As of March 9th, 2020, 1 LTC is $50.49, while 1 BTC is $8,007.03. It seems that LTC is loosing steam and BTC is gaining big at least for now. Litecoin vs. Bitcoin: The Difference & Which is Better | LTC vs BTC; Token vs. Thank you, idiots like OP really get to my nerves. BTC and BCH are moving in different directions. However, technical analysis, expert price predictions, and historical price action can also be telling about what to expect in terms of performance in … I hope LTC somehow also gets benefited with this BTC bull run, Ethereun just got hacked and still up 10%+, i don't get it ether...waiting for the Bruce Wanker clip, my opinion , dont look at the day to day price to much when hodling... Bitcoin just got their first steps to segwit implementation with activation of BIP91, thats why it is running in my opinion. The Best Litecoin Mining Hardware. Exodus is a desktop wallet I believe. And if scarcity is driving the demand behind Bitcoin, the fact that Litecoin isn’t at all following is confusing. In early 2014, Dogecoin enjoyed a sudden, meteoric increase in price (figure 1). LTC strikes me as a better, faster BTC with a lower market cap, and more consolidated development. A consistent fixture as a top 10 cryptocurrency, Litecoin was created to improve upon the bitcoin protocol. Though, i will continue to hold long for LTC, but somehow i am starting loosing confidence here.. • BCH has no replace by fee (RBF) like Bitcoin does, that means double spends are almost impossible on BCH, and so things like 0-conf are safe to accept, this means for small purchases you can accept a payment instantly, no need to wait for block confirmations. Bitcoin network currently offers a block reward of 12.5 BTC per block which brings at around 1800 new BTC into existence every day. This happened long before the creation of Bitcoin Cash. I'd expect LTC to atleast maintain 0.02 ratio with BTC. Bitcoin’s total supply is capped at 21 million bitcoins (BTC), whereas Litecoin’s is capped at 84 million litecoins (LTC). During the last few days, we have seen how Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB) have been leading the crypto market. chaintip has returned the unclaimed tip of 0.00055553 BCH | ~0.46 USD to u/hero462. Market Capitalization As others have said, it's essentially a testnet for BTC at this stage and I think that the creator pretty much summed things up when he dumped all of his LTC at the ATH back in 2017. • NFT's, non Fungible tokens on BCH https://www.juungle.net/ and https://sweet.io/, • In the works - a EVM & Web3 Ethereum compliant sidechain on Bitcoin Cash https://smartbch.org/, • KimDotcom is building a Content Monetisation System on BCH. When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became a community for free and open cryptocurrency discussion. XRP and Litecoin have been silent gainers over the last few days as well. Ripple vs. Litecoin (LTC) The two digital coins are fierce competitors with Litecoin coming at 5 th position in the market while Ripple is number three. Currencio — Cryptocurrency Converter. Press J to jump to the feed. Today, r/btc users can discuss any cryptocurrency topic without fear of moderator retaliation, while r/Bitcoin and r/CryptoCurrency are both still heavily censored. when asia markets wake up i guess and hope the BTC/LTC ratio will advance to 0.02 hopefully.... BTC strong is also good for LTC. https://k.im/, • Buy goods on Amazon at a 5-15% discount https://purse.io, • Buy steam games and gift cards at https://www.keys4coins.com/, • Onlycoins, like Onlyfans but using BCH. Bitcoin vs Waves Metrics. I feel like they only going to accept Bitcoin Period. Litecoin currently offers 25 LTC as block rewards to the miners. BTC is no longer aiming at being cash and is intended to have high fees. BCH for the win. And that means BTC will continue to run higher. BCH was forked off from the original chain to continue on as a peer-to-peer electronic cash system as its inventor, Satashi Nakamoto intended. Can a vet explain? Just a short-term spike. As a result of the fork, a tale of two competing cryptocurrencies emerged; Bitcoin vs. Bitcoin Cash - the split from the original Bitcoin. You will never hear this in r/Bitcoin though, they support censorship.

Wex Esso Fuel Card Contact Number, Footasylum Plc Wikipedia, Binance Unverified Account Limits, Brazil Variant Covid Astrazeneca, How Many Goals Have Sunderland Scored This Season, 1492 Conquest Of Paradise Imdb, Blockfi Series C, Man City Vs Sheffield United 2019/20, What Is A Patreon,