Quote from: Rampion on June 15, 2013, 09:38:48 PM

Quote from: Teka on June 15, 2013, 09:31:06 PM

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Quote from: Rampion on June 15, 2013, 08:55:41 PM

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Quote from: Rampion on June 15, 2013, 08:49:05 PM

Quote from: Teka on June 15, 2013, 07:34:58 PM

Quote from: Rampion on June 15, 2013, 05:49:18 PM

Quote from: mprep on June 14, 2013, 01:13:12 PM

Quote from: RodeoX on June 14, 2013, 01:11:43 PM

Alt coins are mostly useless. That is why they are not listed there.

There are exceptions... but only a few such as LTC.

Please let me know what definitive advantage LTC has over BTC, apart the fact that it was quite good to everybody that has speculated with it so far.

The confirmations are faster.

Wow, 2.5 minutes is so superior to 10 minutes, in fact we see all vendors dumping BTC for LTC because 2.5 minutes open you so many new possibilities that make 10 minutes obsolete.

It's BS and you know it. LTC is piggybacking BTCs success without introducing any fundamental changes, as all the others scam coins.

Disclaimer: I'm holding LTC and I made a big profit speculating with LTC. But Im also making a good profit speculation with XRP, which is the ultimate centralized and premined scam coin. Stupidity has no limit.

It makes a difference in real life situations such as buying food in a restaurant.

No it doesn't. You have never bought food in a restaurant with LTC, and you know it. For immediate transactions, you have VISA. That's not the point of crypto.

I was talking about the future use of crypto. Crypot has to become mainstream in order to become a success.

Following your logic, worldcoin or instantcoin or any other scam coin with instant confirmations will prevail. It's a flawed logic, if you need instant confirmations you can use services built on top of Bitcoin.

Please explain me why 2.5 minutes makes LTC more useful than BTC, while an LTC clone with 1 or 0.5 minutes confirmation is not much more useful than LTC.

I never said that ltc clones that have faster confirmations are not more useful than ltc or btc. I was using ltc as an example plus stop referring to it as a scam coin. I believe that in the future bitcoin should be used for buying real estate or trading or buying anything that's extremely expensive whereas litecoin should be used for every day things like buying coffe from starbucks.

You seem to do not understand that third party services built on top of any crypto can give you instant confirmations for you coffee or whatever. Litecoin is well established just because it was the first after BTC and because it has a special appeal for some miner because of scrypt. There's no real advantage over BTC, and that's why the few vendors accepting crypto are accepting BTC and not LTC.

I understand that the are services out there that will give you instant confirmations but my point is more about what these cryptos should be used for in the future when the price sky rockets again.