Unless I'm missing something, the only real advantage LTC has over BTC is the trimmed blockchain size. LTC has a faster block time but I don't see that as a major competitive advantage, and it looks like the markets don't either.
Oh well. Good luck.
Uhh, guys... the LTC dev has NEVER said he wanted to compete with BTC or dominate it... ever (but rather work together). What are you guys scared of? LTC is structured EXACTLY like BTC. The only differentiation is the algo and the factor of 4 (supply, conf times, etc).
If you disagree with the existence of LTC then you are advocating for one currency to rule them all OR you want another coin with millions of features so BTC can steal them away and integrate them... ROFL
Admit that you don't care about fundamentals and only care about profits.
You know why LTC is still alive? Because it's not Bitcoin. That is a feature all in its own!
I foresee a future where we have a handful of successful coins that work together in a synergistic manner.
The arguments of OH LTC is too similar to BTC and will never be successful is the dumbest thing I've ever heard. I've been around the crypto community since 2011 and can the newbies guess what people were comparing Bitcoin to in order to wrap their heads around it?
DIGITAL GOLD. sooooo Charlie thought HEY, maybe people want DIGITAL SILVER?
That was a design choice from day one. Does physical silver run a chance of dominating/eliminating the gold market? NO... They are a trading pair and digital silver only helps further solidify the idea of digital gold.
To attack digital silver simply tells me that you want a "ONE WORLD ORDER COIN" and I guarantee people that love (the original fundamentals of) BITCOIN will flock to LITECOIN if they see any totalitarian heavy handed approach to changes in the BTC future.
Like with what we saw coming from Vitalik. You gotta save his nest egg though and his early investor buddies from losing their asses in the DAO.. soooooooooooo I guess the whole "CODE IS LAW" thing is a bunch of BULL, but many of you shills won't support ETC because you only care about profit.
Which is fine though because the community will chose sides and the dust can settle. We might not see ETH go down though since the original members own all of it... (awkward)
Reminds me of Ripple... LEL