Post
Topic
Board Altcoin Discussion
Re: Litecoin vs. Bitcoin Cash
by
illinest
on 18/12/2017, 11:57:28 UTC
Hello guys. Which currency you prefer? I don't have any of them and I am thinking about investing in one of them. Which will have bigger success?

Or you think I should invest in original Bitcoin? Is Bitcoin Core planning to solve scalability issue anytime soon?

I prefer Litecoin to Bcash, but there are much more innovative altcoins. Litecoin is basically just a copy-paste of Bitcoin. I'm happy to trade its occasional pump cycle, but it's incredibly painful to hold historically. Once the bull market is over, get as far away from LTC as you can.

It sounds like you are considering "investment" in Bcash. I'd reconsider. Think about why Bitcoin is valuable: its network. So there is very high demand and a very limited supply. Bcash doesn't have that network value. It's got a few big names pushing it, but that's it. Cheap transactions obviously aren't drawing Bitcoin's network to switch to Bcash.

Core's been fighting the good fight for years. Now that Segwit is active, Lightning transactions are being tested on the mainnet. I think we're looking at exponential scaling mechanisms inside of a year or two. Pretty amazing.