Only other Alt coin mentioned besides Litecoin was QUARK
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http://www.spectator.co.uk/columnists/james-delingpole/9106132/those-bitcoin-weirdos-might-just-be-right/Up to this point, Id agree that your analysis is more or less right. And we havent even factored all the other reasons why you might want to avoid bitcoin and its junior cryptocurrencies, such as Litecoin and Quark like the plague. These include: the tremendous fiddle of buying the things; how pretty useless they are when youve acquired them; how hard they are to get rid of when the price starts plummeting; how vulnerable they are to theft by hackers; and the possibility that the authorities might suddenly clamp down on cryptocurrencies, as they have in China.