Considering the similarities between the two and the fact LTC offers little "improvements" (which many would dispute are improvements at all), does anyone seriously consider Litecoin having a place in the world? We all hear that Litecoin is silver to Bitcoin's gold--and while this may sound plausible, it really makes no sense. Litecoin acceptance in the marketplace is dismal; it's only real hope is that one of the major (other than BTC-e) exchangers accept it. But even then, why would anyone use LTC over BTC for transactions?

Are we supposed to assume that, in the future, people will use their silver (Litecoins) for small purchases and Bitcoin for larger transactions?

LTC appears to offer very little (if anything) to the marketplace. Its sole benefit appears to be pump and dump. LTC was going up in value and will undoubtedly grow in value over time; but beyond speculation, there is little benefit to this coin in the marketplace.

Competition in cryptocurrenies are a good thing (let the market determine the best coin) but LTC is not that coin.

Who here agrees or disagrees and why?