Why I converted all my bitcoins to litecoins

[BTCINVESTOR]

If you are considering a safe haven, NXT requires a 91% attack. It is proof of stake though. Very interesting concept. In other words, someone would have to own 91% of all NXT coins in order to pull off an attack. It has risen from a market cap of 21 BTC to over 100,000 BTC since November 2013.

[Este Nuno]

If you are considering a safe haven, NXT requires a 91% attack. It is proof of stake though. Very interesting concept. In other words, someone would have to own 91% of all NXT coins in order to pull off an attack. It has risen from a market cap of 21 BTC to over 100,000 BTC since November 2013.

Yeah, in general NXT seems pretty good and very much under appreciated by the community at large. I don't own any but the only real criticism I see from people is them being angry that they didn't buy any at the IPO and calling it unfair because they didn't risk any of their own money on a new technology. Which of course is not a valid criticism.

[jabo38]

I agree that the 51% is a huge issue.  Shame on Ghash!

Still.... If I cash out bitcoins, what should I buy. 

Litecoin is going down day by day, even month by month.
NXT is going down and finding its new price after a big run.
Peercoin has consistently gone down for quite some time.
Darkcoin had a huge run and is going down and down. 
Ripple hasn't gone up since I am not sure when.
And poor Doge hasn't done anything but go down and because of mining will just continue.

When a real alternative comes along, I will go into it big.  Right now most of my non-bitcoin money is in NXT because I see them coming out with lots of new features of the months and coming year.  But Peercoin, Darkcoin, Ripple, Litecoin, and Doge won't ever add a single other feature and so their prices will go down. 

Well.... Litecoin is getting Asics, and while that doesn't give the coin itself a feature, it does change the network.  I have heard arguments on both sides why this is good and/or bad though.  If anything, it will make the price go cheaper as Asics will be sweeping up most of the coins on the easy so they can afford to sell on the cheap. 

[devphp]

I agree that the 51% is a huge issue.  Shame on Ghash!

Still.... If I cash out bitcoins, what should I buy. 

NXT is going down and finding its new price after a big run.

You buy when it's going down if fundamentals haven't changed for the worse. Have they? No. The only barrier is your emotions, nothing else.

[mine big alts]

switching to ltc is a bad idea.

you would be better of going for doggie.

ltc had hope that mtgox will support it, now there is no mtgox, so no hope for ltc

[LiteCoinGuy]

to have some bitcoins and litecoins is always a clever choice (gold/silver) but all in one basket seems risky.