offtopic but as much as you guys hate xpy I rather have my money in paycoin than ltc lol
Why?
Litecoin is over 3 years old and still enjoys user adoption increasing every day by small merchants. You know, there are many people here that believe in the inherent value of cryptos well beyond its worth, which is something apparently that escapes your grasp.
Just for your edification, the reason LTC is down so much is because of Chinese exchanges. They play God with the price of cryptos with leveraging, shoring the hell out of BTC and LTC. It allows people to short and at some point they must be called/paid back. The significance of this is that those traders see LTC as a backup, therefore liquidating their LTC to pay for BTC shorts that didnt fare well.
At the end of the day, we see a reduced percentage of LTC worth versus BTC. And not just that, LTC price is also anchored to BTC.
/sigh
Well if the value of a coin is determined by these chinese traders, then there's isn't as much to it as we may think there is. LTC had its hype and now that is over with. Within these 3 years, what has ltc established that is different from other altcoins? Besides hitting a $50 mark due to these chinese traders...
In 3 years there could have been lots of innovation done for a coin that is supposed be the first altcoin and the silver to gold.