Quote from: gambit1 on March 02, 2015, 03:30:39 PM

I second this. Can anyone explain the hate?

I have no hate for litecoin, it just lacks relevance. I used to mine and support litecoin. There was only one defining characteristic which set it apart and now that is mostly irrelevant. Litecoin mining is more centralized due to Scrypt ASICs removing the central benefit of decentralized GPU mining which allowed for the average user to contribute and development is at a standstill with the lead developer not being interested in improving the code or adding more features.

* It confirms 4 times faster. Is of no consequence because in reality you need instant approvals for most purchases.

* It allows one to diversify one's cryptocurrency holdings without going into the lunatic fringe of the more obscure alt-coins. If I am going to invest in an alt or digital asset I would want to support a project that has unique features that cannot be found in bitcoin and won't be found within bitcoin in the near future.

* As the price of litecoin has fallen some value has crept in. The community and infrastructure surrounding litecoin may not be great but its not nothing either. The same could be said concerning any other worthless alt.

* Litecoin transactions sound reasonable. 1 coin for 1 sandwhich, not 0.01 coins for a sandwhich. A 5 dollar sandwich = 20millibits.

* The litecoin community is less stratified into haves and have nots. It wasn't pre-mined in the same way as a lot of alts and doesn't seem to have as many as the same early adopter whales (many such people will frankly have been wiped out). Is this an assumption? Where can I see a breakdown of the distribution rates?

* Under-development can mean opportunity. Ask investors in China. There are opportunities in litecoin which have already been taken in bitcoin.The same could be said concerning any other worthless alt.

* Its not true that nobody is starting to accept litecoin: The point is that merchant acceptance of litecoin is pathetic compared to bitcoin and basically at a standstill with little prospect in sight.