Litecoin is, like any other alternate cryptocurrency, just a scheme to steal the BTC from clueless newbies.
Can you explain me what you saying?
Are you telling me that I should mine BTC with my NVIDIA GPU, dump $$$ in new rig or something else?
I'm saying that dudes like you only want BTC in exchange for the scamcoin they mine, and eventually the scamcoin you are mining will die, and the persons to whom you sold those scamcoin will be out of their BTC.
But by all means, keep at it. Mine scamcoins and dump them, I'm not the one who's going to lose my Bitcoin anyway.
How dare you call our solid coins a scam
The dear glorious leader will have you arrested as a political prisoner ! Some lose and some win. Alt chains are nice and fresh at the start but they all eventually die. NMC is on its way to nothing. Prices are 0.014 due to MM. I wonder if there will be something to take Bitcoin's silver place.
I was talking about litecoin, but yeah, you can say the same about solidcoin. and about tenebrix, and about fairbrix, and about geistgeld and about any other *coin.
Altho I believe you are not right about Namecoin as it really is different. Having low value doesn't mean much as there isn't really a demand for the service that it will be useful to, but hopefully that will change in the future. Just wait for ACTA to be approved on Europe and they atrt making arrests and closing warez sites and shit like that. Or they move to Tor, which is slow as hell, or they'll need namecoin.