In this coin has no future, I'm sorry, I do not see the benefit of it.
well my current? bet is that there will be always ..even if only at 1c to the dollar...an alternative to bitcoin for the masses
the bigger btc gets the more likely this is imho ..tis the nature of humans
be it for speculation/another avenue for sidechains and apps for blockchain technology/fun/bad rap of BTC in press due to FUD
or whatever i assume it their is a btc app made and or sidechain there will be ...at least at this point in time ...an equiv app or
sidechain for litecoin or other alts
so you have to look at it from not just the buying and selling of LTC but its uses and or its price at the time but...same as how folk have to look at BTC it is
more then the price of the coin imho only..its the blockchain ..with my added view that there will be an alternative to btc out there and my current bet is LTC
then again what I say may be true but it could very well not be LTC .
also I'm pursuing this from the somewhat dubious decision a year ago or more to get some scrypt equip .... as to 20/20 hindsight
just buying BTC would have been maybe the better choice (at 900 usd per btc that also may be debatable) so reaping what I sowed and trying to
pull off that trick
so again...LTC does not have to meet very high expections for me on all this..at my current scrypt miner efforts....just a modest 0.006 or above ltc to btc (currently 0.01) and I"m just dandy esp at 0.01 LTC to BTC
and I will likely convert LTC to BTC in the future (why I chose crypto machine over equiv priced btc machine at the time is i can run it more then 1 year unlike the old Neptune btc miner I upgraded from which only lasted after late delivery about 5 months lifetime at the orig purchase price before you had elec vs return on BTC issues...ie home mining for BTC is now dead imho..has SOME life yet in scrypt pow coin and imho again LTC
To be fair imho newbie users users now should just go to
www.coinbase.com and stay away from pre-orders/cloud mining/mining of btc or scyrpt etc..even the ebay scrypt miners etc are too high priced even at 3 buck LTC imho way more in fact and probably rising in price as we speak
but on the other hand ..on the very long odds of my idea that folk want an alternative to BTC and say LTC went to 5 bucks or 10 bucks say
I myself would like to see some new scrypt miners out there and the possiblity of home miners again ..and with such prices for LTC it is likely such would
happen (may take the usual 6-9 months from now to get them out the door and never never pre-order) it is a small dream but what the heck
but yeah a little in LTC is not such a big risk imho if it keeps its traditional linkage like yoshi to mario with BTC ie the price point of 0.01 or so to 1 BTC continues
its historical 'tag along" and there again is a small chance there
are a lot more people wanting an alt chain alternative for future side chains and apps etc besides just BTC for that stuff so maybe just maybe some small use
for LTC and scrypts besides just bitcoin
but ...likely I will eventually move my LTC to BTC but as the last of the home miners the scrypt back in the day choice ..if i eventually take a lot of my LTC
and convert it to BTC was the correct home miner to get..and it/was and maybe in the future if new scrypt miners are possible for home use ..will be a nice 'end around'
as a home miner option of speculation etc ..the low and I mean very low amount of months last year it would take to ROI an appropriate sized BTC home miner ..likely would have
been impossible with 20/20 hindsight anyway with late delivery of such by most mnfg etc..but again with scrypt miners even if you just mine LTC direct to BTC on a
multipool and again my choice is LTC you have a shot..but again this is for folk who made the dubious choice 1 year ago to get ANY home miner equip .ie we be stuck
on this path don't ya know...
anyway after these titan(s) are doorstops I too will just go back to very very very modest $$$ on
www.coinbase.com less stress no mess and will
sit on my BTC hoard of whatever value with some LTC I mined on the side for giggles and just see where this all goes..shot my wad ...i'm out at that point
and just watching the parade
but again it is a nice day dream if an alternative to BTC is shown to be desired for future apps/sidechains or just the old saw LTC is silver to BTC's gold line
and LTC does achieve say someday its 10 buck value to 1000 btc value etc
but you are probably correct.....just buy BTC and play with LTC for fun is probably the only difference I have with your position (and my miner situation from again a 1 year
past dubious choice per-order .is what is big time coloring my views in this post don't ya know.......duh..boy that coulda prob shoulda burnt me
whatever...but again my bet is if BTC survives to 1000 usd etc I figure there is a pretty good shot LTC and some others will thrive as well and I can put up with
quite well 5 or 10 buck LTC at that point with NO issues (again due to my dubious miner choice just to make folk aware of my bias on this)
but yeah as an end around from LTC to BTC it is looking kinda rosy with the 1 buck raise in LTC price from 1 month ago..but we will see ..and again due to
my miner circumstances I can live with 0.006 LTC to 1 BTC ...so have less risk in all this then normal folk (or my risk was shot with my orig pre-order titan dumb that was)
so it goes had a lemon looks like i may swing lemonaide out of this last hurrah of home miner (scrypt) and LTC holding
we will see if it works or all goes 'pear shaped' or not