I keep hearing about this fail but I'm not seeing it....
127 btc worth of market cap on the largest exchange compared to 350 for ltc. It may be currently valued higher, but that's artificial price support by those who benefit from free pre-mining and unlimited free coins.
SC hasn't been hacked
Check the source, it installs pre-hacked. Central control can do anything they want with your coins, your account and you ability to do anything about it. And has.
Price is pretty stable (and higher than all other alt currencies except NMC.)
Price is a minimal sample size and irrelevant to other altcoins. Each stands on its own merits or failings. Nmc actually have a purpose, ltc has a theoretical purpose, sc, gg, tbx, and fbx are get-rich-quick schemes by their various founders. At least the brix and gg are honest about it, and are trying to retroactively find a raison d'etre.
Development is still happening rapidly. (Improved qt based client in the works.)
Rapid bug fixes that create new bugs to cover up for falsehoods, fraud and extremely poor coding do not count as development, regardless of how much the developer claims his time is worth per hour. There are literally hundreds of useful bitcoin and altcoin features in the works. Open source, which sc does not enjoy, actually encourages development. Closed source, especially closed source based on pirated software inhibits development.
Even some merchants have started to come on board. (Head shop today!)
A single Head Shop, regardless of how critical that is to your personal economy, is not widespread merchant adoption. Think about the model of sc, and honesty answer yourself... if I was running a widget market, and my customers wanted to pay in a p2p crypto currency, would I prefer the world standard and those based on that format, or some buggy uncertain scam that is controlled by one emotionally unstable person who is beyond my jurisdiction in terms of enforcement of anything I hope to get from his coin? It hasn't happened, it isn't happening, and it isn't going to happen. That's just plain, cold, hard facts.
I know it's a little different to the other coins and doesn't conform totally to the decentralised dream, but failing it 'aint.
Let's take this one in parts- it's not "a little different" it is the antithesis of what altcoins are all about. It is the complete and intentional opposite championed by shouting fans who want to attract more victims so they can break even and get out of the pyramid before the world sees that the emperor is buck ass naked. Oops, too late. And he's is certifiable at the same time. Then, "doesn't conform totally to the decentralised (sic) dream". The very foundational concept of p2p crypto coins is to provide a anonymous decentralized model for value transfer. What sc does is give you nothing but centralized control, governed by a sociopath with enormous mood swings and delusions of grandeur. Saying it "doesn't conform totally..." is like saying Stalin had a couple of bad days at the office. He slaughtered his own population by the millions. Its that kind of power imbalance.
Is it alive? Yes. If that is your definintion "ain't failing" I concede the point meets your less than stringent standards of evidence. Will it ever be accepted outside of a very tiny, incestuous micro-society of mutual parasites feeding off each other, and one or two purveyors of alternate lifestyle accessories? No. Why would any legitimate business person even consider it? Because some jacked up Visual Basic cut and paste code thief says it is the most secure thing, and well on the way to parity with btc, ready to take over prominence any moment now? Please, get a grip on reality.
Have fun in your little clubhouse, you guys can knock yourselves out minting those wacky little shortbus coins and pretending that the world will someday care what Doctor Ding Dong feeds you as gospel. That's a big ain't.