Luke is right. The only reason people buy it is to make a profit off how volatile it is. Don't kid yourself in thinking it is as good as bitcoin. Think in terms of all of the COD clones, did they ever actually succeed in being the new popular game? No, because they brought nothing substantially new to the table. COD always won over the market, just like bitcoin does and will.
The god thing is: No one cares what you think. Or what I think. The market has no emotions, but is always right.
In 10 years from now we all know more

Indeed. Don't get me wrong, I love litecoin. But I love it because ive made tons off it, not because I think it'll be the successor or rival of bitcoin.