Quote from: El Dude on May 09, 2014, 05:01:50 AM

Quote from: MuffinMaster on May 09, 2014, 04:30:40 AM

TLDR

Litecoin provides no significant advantage over BTC now that scrypt ASIC's are in the wild.

If your not BTC or a POS coin then you will have trouble.

I wouldn't never invest in a POS coin , why would I spend my coins if I could stake them and get more? , POS encourages hording IMO and also gives the rich more coins for doing nothing.There's a reason why Peercoin won't ever be number 2 and it's 24 hour volume is $129,675 compared to litecoin's $2,105,900

I 100% agree. the concept of peercoin is terrible. 10 minute transaction times, waiting 20 days to get stake coins. Its a terrible setup.

If your only experience with POS is peercoin then check out blackcoin at some point.

10 sec transaction times
coins are available to stake after 8 hours so no need to hoard
1% stake annually
no ipo
no premine

I know I curse bitcoin's 10 minute transaction times. its infuriating some times waiting for btc to confirm. BC confirmed fully within 1-2 minutes.

honestly its simple, maybe too simple. You can see my sig so i am little biased, so take this with a grain of salt.