[FACTS] Litecoin is the only legit Altcoin !

[dinofelis]

I didn't hear any criteria from any of you as to why YOUR coin is legit.
You just keep harping and cawing like a crow.. it is.. it is.. it is.. over & over.
Good luck with that.

In fact, that question is rather easy to answer.  A coin is "legit" if it serves a purpose, that is, if it has economic value: if it allows someone to enjoy something that couldn't have happened or couldn't have happened so easily without it.  

Of course, most of the time, you don't know if this is going to happen.  So you speculate.  Bitcoin promised to allow people to buy a coffee.  That was bull shit.  Bitcoin is "digital gold" reserve currency for institutional non regulated gamblers and speculators.  Bitcoin cannot handle, and will not handle, and doesn't intend to handle, all the coffees in the world.  It is not intended to be a currency.  It is not intended for "the crowd".  It is not intended for "adoption by the masses".  It is simply a digital asset for big, unregulated players.

Crypto only has a meaning when the law is to be avoided.  The legitimacy of bitcoin derives from the desire of big money to be free of regulation in its speculative affairs.  As such, bitcoin will probably be a reserve currency for many other unregulated crypto happenings.  But not for buying coffee, or a book with amazon.

Currencies (crypto) for "the masses" will only be useful in as much as there is a demand by the masses to avoid the law.  For instance, when privacy is concerned.  When buying VPN access.  When buying second hand computing devices of which you don't want "them" to know it is yours now.

Because when the law is respected, all fiat solutions are much better than crypto. Crypto doesn't deliver value over fiat within a legal, regulated frame.  Buying stuff on Amazon has no meaning with crypto.  Gambling in regulated casinos has no meaning with crypto.  Setting up a regular working contract has no meaning with crypto.  But working in a clandestine way for someone on the other side of the planet, does.   Obtaining clandestine products, or selling them, does.  Selling officially some stuff is better done in fiat.

Crypto has only legitimity, when the law doesn't apply, is to be avoided, or is non existing.  When the law applies, the situation is regulated, then there's no room for any legitimate crypto, because there are much more functional fiat solutions in place.

Yes, the hypothetical situation where you travel to a foreign country without any money, and you use crypto, is thinkable.  But do you really think that if you go to a foreign country, your credit card will not work ?  Don't talk about the fee.  When the fee is low, the volatility is high. 

[Spoetnik]

@dinofelis
I have no idea what you are trying to accomplish with all the comments here on the forum.
You seem like the biggest contrarian here.. always looking to grand stand and make exceptions into rules etc.
Or simply rail off-topic for some reason.

Lets put this into perspective Dino.
You got here way the fuck after i did and based on the timing i bet my left nut you showed up here buying & selling Doge coin.

You have refused to say what coins you have owned / traded and skirt around defending some coins essentially playing games.

1,000 comments and none of them from you saying WHICH coins you do or do not support.
Just theoretical backyard existentialism crypto rabble bullshit.

Are you smart enough to see why i just said that ?
Most people here are not.. i will have already lost the ADD kidiot profiteer crowd.
They already wandered off to buy Daddy's shiny keys ICO coin for the ROI'z.

Point ?

TIME.

This is getting worse by the day and adoption is also.
You all think because you make yet ANOTHER fucking shitcoin scheme that is a sign you are doing good ?
WRONG.

Time ?
Yeah i am telling you i have been here when LTC was the only legit coin and there was roughly between 40 and 50 minor mod's of it and NOTHING else.
I watched all of you show up here late then shoot your mouth off telling me "how it is"
Fuck you.
I don't need your lectures.. i was here first.
Don't bother feeding me bullshit NOOBS.

It's always some other guy and some other coin that is bad.. NOT YOU !
Well look around.. what is going on ? 1,000's more ANN topics and yet more useless profiteers puttering around looking for anything that might get pumped..

THAT is literally it.

There is nothing else going on.
Congrats wonderful job i slow clap for you.. great job guys.
Think about if you make just ONE MORE coin it will get uber max ultra adoption'z yo !
We need just ONE MORE and that will be "the one" right ?
Just need to quietly when no one is looking trade shitcoins for ROI's just a little more..

[dinofelis]

@dinofelis
I have no idea what you are trying to accomplish with all the comments here on the forum.

Simple: getting intelligent comments that improve my understanding of crypto systems.    The best way of getting intelligent comments, is to explain what I understand, and see how people react.  Most are dumb.  Some comments give me some thinking.  That's why I do it.

Lets put this into perspective Dino.
You got here way the fuck after i did and based on the timing i bet my left nut you showed up here buying & selling Doge coin.

Time of arrival doesn't mean anything.  Some learn faster than others

You have refused to say what coins you have owned / traded and skirt around defending some coins essentially playing games.

I was pretty clear about that: none.  I do own very very small amounts of different coins to play with.  Say, of the order of a few 10 of dollars.  I must still have a wallet with 10 primecoin somewhere. Peercoin, the same.   I mined a small amount of monero.  I bought small amounts of bitcoin to buy some services on the internet.  I bought 10 DASH long ago, and when I found out that I needed more to use their mixers, I sold them.  I had some litecoin (5 or so), which I mainly sold after playing a bit with the wallet.  It is not entirely empty, some 0.001 LTC or so must be in it.  I've "lost" several wallets (I must still have them on backups).  Many others: I once bought a few feathercoin.  Never bothered with it.  Bought some other stuff I don't even remember right now.  Ah, yes, Doge of course.  Still some others.  In very small amounts ; most wallets are off my computers (but somewhere on a back up).  I run several (empty) full node wallets, to study their block chain.

I PLAY with crypto for the cryptography.  I have used bitcoin in the past to buy stuff (that time seems to be over now).  Only a few times to sell something.  That's it.  I don't "invest" in it.  Why would I ?  I have enough money to live the life I live.  I don't want to leave much to my kids, they have to help themselves.  I'm an intellectual that doesn't need much.  But I love to study systems.  Crypto is great to study.  That's it.

Don't believe me ?  Don't care.

1,000 comments and none of them from you saying WHICH coins you do or do not support.
Just theoretical backyard existentialism crypto rabble bullshit.

I support all coins that can help people escape state and law.  Because I think state and law are the evil of this world.

[ubercool]

yes I think is also like that, lite coin really legit
but unfortunately the price is very small

Maybe it was the only legit altcoin after Bitcoin but the price of it has gone so low that people have lost faith in it and left it. Its just dead now.

[Indrawan77]

Even if it is true the price is so low and the transaction rate is not really good,  to become a good alt coin not only  need legit but the ability to convince and attract investor to invest in the alt coin, so far litecoin is not really good at those things

[xskl0]

I have one in a paper wallet IDK if will have a high price in the future or cost nothing.

[AndreaF]

I don't agree however It's a pity that Gridcoin that you have mentioned here doesn't get the attention deserved, It's the only coin where mining isn't a waste of computational power and energy.

When i tried it in 2013 it was a SCRYPT coin.
So yeah you did do work for Boinc / SETI etc etc
BUT !
You were still scrypt algo mining.
Not sure if it changed since.

And unless you guys start focusing on "Currency" get ready for this to sink faster in the toilet.
I am tired of the stupidity.

You all make and support alternative use scheme coins because you don't know how to make a better Bitcoin (that will get popular and make you rich)

Making and supporting a crypto currency that succeeds is not in all your interest.
You say one thing and do another.. you are all 100% full of shit.
Let me know how that works out for ya

Look in the mirror douche bags.. it's YOU guys who piled in here late supporting crap like Doge Coin making it the no. 2 coin on Earth for a LONG TIME by spending REAL money on them.
What ? Did you idiots not know it was bad then ?
You knew so cut the crap.. how many of you spoke up early like i did ?
None of you.. you all silently went with it.. for teh ROI'z.

I have more crypto-cred than all of you combined.
I am smarter for a million reasons such as never using my REAL MONEY to buy shitcoins for ROI'z.
I don't have a shred of respect for 90% of you.. your worthless scum.
And if i think that imagine what the planet thinks.
They are not here for a reason dumb fucks..  

I warned you all long ago.. get smarter or suffer the consequences.
There is no escape.
You will all fumble over each other to hide and point fingers when the time comes.
Don't like my comment here ?
Blow me ..then create a new account crying FUD & Troll investards.. it's all your good at.

I'm not an altcoin invest-tard, I'm watching how altcoin scenario evolves, replace you with "they" or with "we".
Just curious to know why you are so positive in Litecoin. Litecoin is based on scrypt and I don't see so much innovation compared to Bitcoin.

[ulhaq]

All i can think is.. Currency.

Well, this period seems to come to a close for bitcoin.  Bitcoin is not really useable any more as a currency, with the full blocks, the long delays, the high fees and the uncertainty of getting your transaction in a block. 

Agreed its bullshit that they can't come to a agreement on this it's like they are waiting for BTC to crash and burn I don't get everyone knows the blocks are full instead of the Chinese miners and the core devs bickering back and forth put it up for everyone to vote on they aren't the only ppl who care and use BTC.

It is not the fault of a specific person or group.  It is the immutability dynamics of bitcoin itself which prevents that it changes.  Not the fault of the Core guys, the "chinese miners", ...

The consensus of immutability makes that nobody can change the fact that there will be 21 million bitcoins.  There will never be total agreement over changing this, because it is an economic scarcity parameter.  The block size now also became a scarcity parameter, installing a "fee market".  Some people profit from that.  In the same way that miners are, by competition, forced to come to consensus over the immutable block chain, they are forced to respect this other scarcity parameter.

So bitcoin will not change.  It might hard fork (BU), but most probably not.  Segwit will not be adopted either.  Bitcoin is locked into what it is, today, and its very mechanism that makes bitcoin trustworthy, is the same mechanism that will prevent any change.

You can read more about it here:

Every single altcoin will face the same issues. It looks like people can't grasp the reality that fleeing to an altcoin != solution. It equals to shifting the problem from location A to location B. The scamcoins like ETH, Dash, et. al are another story.

Well, there are altcoins with hard limits, like bitcoin ; there are altcoins with extensible blocks too, without hard limits.  The first ones will face exactly the problem bitcoin is facing, but only when they "get filled up".  The second ones will be able to accommodate until they hit smoother, and more practical, technology-related issues.  Some alt coins have centralized decision infrastructures that can modify things in a centralized way, deciding one way or another. 

But the biggest difference between bitcoin on one side, and altcoins, on another side, is that there's (for the moment) only one bitcoin block chain, and there are MANY alt coins.  While the number of bitcoin chains is limited (to 1), the number of altcoin block chains is essentially unlimited.

So when bitcoin is "filled up" and reaches its limit of transactions (that's about right now), an altcoin can still "fill up".  When that altcoin is "full", yet another altcoin can start filling in.  And so on.

Bitcoin's legendary immutability will make it what it is today.  Exactly the same forceful immutability and consensus mechanism will make it impossible for bitcoin to do anything else but remain bitcoin.  I seriously doubt that the block size will change, that Segwit will get accepted, or that any other important change will ever happen to bitcoin, because of, exactly, bitcoin's legendary immutability.

Bitcoin has a huge first mover advantage, and a huge "moral high ground", which is why, 8 years later, bitcoin is still number 1.  But it is hitting its technical limits, as they were laid down long ago.   Alt coins have been living in bitcoin's shadow for most of this time, even though many of them are now technically superior, because they could implement solutions to bitcoin's shortcomings that bitcoin cannot implement (because of its immutability).  Bitcoin being "full", this will start eroding bitcoin's leadership ; alt coins will be able to fill in the room that bitcoin cannot take.

I'm not saying that a *single* altcoin will overtake bitcoin.  I'm saying that once bitcoin's unique position as first mover is being eroded sufficiently by practical problems (full blocks, high fees, long delays, no privacy, Chinese centralization...), *several* altcoins will fill in the gap, and bitcoin will be a crypto like any other alt coin in the long run, after its first mover edge has been eroded away.

Even though every single block chain will run into capacity problems, *a lot of independent block chains* are able to scale: just add more chains.

and here:

Hard fork the longer chain wins but the older clients could choose to keep their chain if they want to. The fork with the most users is the fork that has value, that's democracy.

Not at all.  Hard fork means that the chain is now two independent chains.  On each of these two independent chains, there is consensus.  There's no interaction any more between the two chains, they are now two different crypto currencies.  The market cap of the original chain will now be split over both prongs.  Of course, users and miners might all flock to one of the chains, and abandon the other one.  Or not.  In the end, the users will decide upon the market cap split, and the miners will follow.

Soft fork, blocks are created that are not rejected by older clients but are meaningless to them, forcing them to upgrade. That's not democratic. There is no option to keep their own chain, there is no choice. That's not democracy.

That is exactly democracy: the majority imposes its will on the minority.  What you call "democracy" is what is called "consensus".
As long as the soft fork doesn't have a majority OF MINERS behind it, it doesn't impose its will on the others.  Once it does, there's NO FURTHER OPTION. 

What is important to realize, with a soft fork, that is are not the *users* but the *miners* who impose their majority on everyone.  With a hard fork, even if only 10% of the miners continues on the old chain, maybe 90% of the users prefer the old chain, and the old chain coin will get 90% of the market cap.  This is extremely lucrative for the 10% of miners, and the miners that chose the new pron (90% of them initially) will revert to the old chain because it is more lucrative.  In the end, the mining distribution will follow the market cap, determined by the users (they determine, on exchanges, how they value the new coin versus the old coin, of which they hold, initially, equal amounts after the hard fork).

This is not the case of a soft fork.  When a majority (51%) of miners, and miners only, whatever users think, applies the soft fork, it is imposed on everyone: the minority of miners have to follow, there is only one chain, and the users have only one token and cannot "vote with their money" as there is no other token to buy.

and:

They said exactly that of the ETC/ETH case.  No miner did so.  Because he's not crazy.  He wants to maximize his profits, and not waste his hash rate on an attack while his buddies take profit.   If he uses his hash rate, he wants profit from it.  If he uses his hash rate on the minority chain, that is to earn minority chain coins that are worth more on the market per "unit of hash rate" than in the majority chain where the difficulty is higher, and hence the reward for hash rate is lower.
As he doesn't know what way the MARKET will go, there's no reason to destroy minority coins that may be easily mined, and maybe worth a lot on the market. 

ETH & ETC did not have segwit & LN to content with.

That has nothing to do with it.  Segwit is a SOFT fork.  So this doesn't apply.  We're talking about a hard fork (BU).  A hard fork can be pulled off from the moment you have 5-10% or more miner support, and will give rise to two coins if you have less than 90%-95% of miner support.  If you are lower than 5-10%, your chain will not live ; if you are higher than 90-95% your new altcoin will replace the previous coin.

With a soft fork, there are no two coins.  So the ETC/ETH situation doesn't apply to the Segwit situation.  We are only talking about the BU situation.

The reason is that you mentioned that BU is waiting to have "51% of miner support".  But for a hard fork, "51% of miner support" has no meaning.  It is "more than 10% of miner support" and "more than 90% of miner support" that are the meaningful numbers for a hard fork.  51% has no specific meaning.  Less than 10%, you can't pull it off.  More than 90%, you will keep one coin (the altcoin).  In between, you will create 2 coins, the old one, and the new altcoin, and both will live.  During their life, market forces will determine the respective market caps, and HENCE the miner ratio.  Like ETC/ETH.   

Whether the BTC Unlimited Guys would actually do it , who knows.

Again, BU will NOT HAPPEN, simply because if it were, it would have happened already.  With 25% of miner support, the hard fork is viable. 

And segwit will not happen either.

Nothing will happen.  Bitcoin will remain stuck where it is. 

They can vote to increase the bitcoin circulation beyond 21,000,000. if they don't, not realizing that bitcoin is not sustainable, someone else will with another cryptocurrency (as you have said, economic scarcity which benefits some).

About transaction limits, what about the lightning network?

The main concern is the fundamental limit on all cryptocurrencies due to blockchain size, which will always get bigger if all transactions must be stored on all nodes. But there are pruning discussions going on. Why not just take old transactions off the blockchain and require x nodes to hold copies of those, where x is large and distributed enough. Hashes can be carried forward to maintain the validity.

There are plenty of legitimate uses of cryptocurrency. Besides ease of use across international borders, the ability to back it up, easily transport it, having a public ledger, and ease of transmissibility.

[mace15]

Litecoin is one of the legit altcoin, I invested in this coin and waiting to rise again. Hope that litecoin will rise again, so everyone can earn profit. Im still hoping though and well observe this coin so far.

[Warkop]

I think the previous litecoin really very good, but I look and I see that happening today litcoin asleep or dead, so it seems they are not exactly altcoin legit and not into the future for it.

[Spoetnik]

I support all coins that can help people escape state and law.  Because I think state and law are the evil of this world.

Then why are you here ?
Clearly your agenda is about breaking the law and battling "the man".
I came to support a currency and hopefully see it adopted and used by the public.

Do you see how you are a fucking nutcase ?

Believe it or not.. i am the normal one here  
Nope.. ole Spoetnik did not come to crypto for ROI'z ..or to topple the govt's and destroy fiat.
I came to see a crypto coin make it big and get used.. i know right blasphemy.. pure heresy  

So.. what coins push towards this goal ? Steem ? BlockNET ? Ethereum ? Doge ? Zcash ?
Seems to me Litecoin fits the criteria a whole lot more than all those other coins.
Ya know this isn't complicated guys..


EDIT:

Oh and i will not be supporting coins because they break the law.
Because i have not seen one made that could do it !
If the time comes when there is a coin that can reasonably side step all law then fine i will reconsider.
So far i see the early stages of an ugly battle brewing with cocky idiots pushing ANON shit.
I am not against anon coins or DM's per say..
I am against the notion we are telling people they can be done as we see them now.
We are going to have a shit storm coming with the anon coins we see already made.

All i am trying to say is i would support a reasonable and realistic and practical implementation of one should it arise.
So far i don't see one that fits the bill.

I don't support anon coins for example because all of them that have come out *so far* seem to have serious problems i think.
If one comes out that is different and can minimize the risk to the users then i will reconsider my stance.
I don't wan to see "investors" burned on exchanges or kids buying weed on DM's get arrested.
I don't care about all your ROI's.

[tokeweed]

LTC is the only legit alternative currency.
All the others are bullshit like clones or anon coins or not a currency at all.

Prime Coin, Grid Coin get a worthy mention though.

Now you know

What's new...  It doesn't mean you couldn't have fun trading the other altcoins tho.  Trading is a fun endeavor by itself.  It's a different, kind of a fun calculated form of gambling that you can't get by betting on sports or playing poker. 

If ever something big goes wrong with Bitcoin you know what the safe haven coin is.

[AndreaF]

I support all coins that can help people escape state and law.  Because I think state and law are the evil of this world.

Then why are you here ?
Clearly your agenda is about breaking the law and battling "the man".
I came to support a currency and hopefully see it adopted and used by the public.

Do you see how you are a fucking nutcase ?

Believe it or not.. i am the normal one here  
Nope.. ole Spoetnik did not come to crypto for ROI'z ..or to topple the govt's and destroy fiat.
I came to see a crypto coin make it big and get used.. i know right blasphemy.. pure heresy  

So.. what coins push towards this goal ? Steem ? BlockNET ? Ethereum ? Doge ? Zcash ?
Seems to me Litecoin fits the criteria a whole lot more than all those other coins.
Ya know this isn't complicated guys..


EDIT:

Oh and i will not be supporting coins because they break the law.
Because i have not seen one made that could do it !
If the time comes when there is a coin that can reasonably side step all law then fine i will reconsider.
So far i see the early stages of an ugly battle brewing with cocky idiots pushing ANON shit.
I am not against anon coins or DM's per say..
I am against the notion we are telling people they can be done as we see them now.
We are going to have a shit storm coming with the anon coins we see already made.

All i am trying to say is i would support a reasonable and realistic and practical implementation of one should it arise.
So far i don't see one that fits the bill.

I don't support anon coins for example because all of them that have come out *so far* seem to have serious problems i think.
If one comes out that is different and can minimize the risk to the users then i will reconsider my stance.
I don't wan to see "investors" burned on exchanges or kids buying weed on DM's get arrested.
I don't care about all your ROI's.

I'm here to looking for new coins that can have some real use to profit from them buying and reselling at higher price, not "to break law", only I'm not so dumb to not see that at this time the main use of cryptocurrencies is exactly to go out of control of the law and whatever authority and not to buy from Amazon or from restaurant with credit cards that are comfortable enough.
You have said you don't like anonymous coins, ok, but I have asked you WHY you think that Litecoin meets the criteria of real use more than others altcoins. There are a whole lot of others coins that aren't for anonymous use, with more features and technical vantages than Litecoin that is only a slightly improved version of Bitcoin with the difference that Bitcoin as first crypto on the market is a standard while Litecoin is one of the hundreds "hope coins". What is your motivation?

[Spoetnik]

LTC is the only legit alternative currency.
All the others are bullshit like clones or anon coins or not a currency at all.

Prime Coin, Grid Coin get a worthy mention though.

Now you know

What's new...  It doesn't mean you couldn't have fun trading the other altcoins tho.  Trading is a fun endeavor by itself.  It's a different, kind of a fun calculated form of gambling that you can't get by betting on sports or playing poker. 

If ever something big goes wrong with Bitcoin you know what the safe haven coin is.

That is like saying participating in PONZI schemes / Pyramid scheme can be fun.
True but there are victims and consequences.

Idealism has to be thrown out the window if you say that.
You can't write a coin cloning guide like Shakezulu did on Devtome saying it's "for fun & profit"
Then *try and parade around here like you have integrity.

Currencies are not suppose to be "FUN" that is retarded.
They are suppose to be a currency and how much fun is your FIAT ?

No.1 complaint of all time about Litecoin ? Is that it's boring.
More mensa caliber genius from brats children kids babies goo goo gaa suck hole profiteer kidiots.

Some of you have no problem victimizing children for lunch money here.
Oh look flashy Meme coin.. buy kids ask your Mom for money !!!11
..for fun & profit

You then say use due diligence.
Yeah.. in a crooked rigged unfair scammy lawless corrupt scene where it's not possible to get treated fairly.
It couldn't be more simple.
Most of you in the scene support bad shit for dollars $$$.
You make pathetic stupid excuses to cover it up and smooth it over.

Fun ?
Sorry profiteers but "fun" is not he topic here.
We are talking about currencies and which ones may or may not be legit.
Joke coins for "fun" are not applicable to the criteria of legitness !
Next...

[AndreaF]

LTC is the only legit alternative currency.
All the others are bullshit like clones or anon coins or not a currency at all.

Prime Coin, Grid Coin get a worthy mention though.

Now you know

What's new...  It doesn't mean you couldn't have fun trading the other altcoins tho.  Trading is a fun endeavor by itself.  It's a different, kind of a fun calculated form of gambling that you can't get by betting on sports or playing poker. 

If ever something big goes wrong with Bitcoin you know what the safe haven coin is.

That is like saying participating in PONZI schemes / Pyramid scheme can be fun.
True but there are victims and consequences.

Idealism has to be thrown out the window if you say that.
You can't write a coin cloning guide like Shakezulu did on Devtome saying it's "for fun & profit"
Then *try and parade around here like you have integrity.

Currencies are not suppose to be "FUN" that is retarded.
They are suppose to be a currency and how much fun is your FIAT ?

No.1 complaint of all time about Litecoin ? Is that it's boring.
More mensa caliber genius from brats children kids babies goo goo gaa suck hole profiteer kidiots.

Some of you have no problem victimizing children for lunch money here.
Oh look flashy Meme coin.. buy kids ask your Mom for money !!!11
..for fun & profit

You then say use due diligence.
Yeah.. in a crooked rigged unfair scammy lawless corrupt scene where it's not possible to get treated fairly.
It couldn't be more simple.
Most of you in the scene support bad shit for dollars $$$.
You make pathetic stupid excuses to cover it up and smooth it over.

Fun ?
Sorry profiteers but "fun" is not he topic here.
We are talking about currencies and which ones may or may not be legit.
Joke coins for "fun" are not applicable to the criteria of legitness !
Next...

Create a new currency with fake promises and bullshit to steal money from people that trust you is scam, you cannot compare trading to this. I not scam anyone buy low and selling at higher price, the whole market works in this way and everyone decide to buy isn't because I have tried to convince or deceive him.

FUN? Having more efficient and powerful design that extend the capabilities of a crypto is not for fun. Use a crypto that doesn't give any significative vantage is pointless.

Again you have written a lot of text lines but You haven't answered to my simple question. Shouldn't that difficult "Litecoin is the only legit because [insert your reason].
Not an anoncoin isn't a reason valid enough because only reduce the set of altcoins alternatives to transparent cryptocurrencies but isn't an exclusive characteristic of the only Litecoin.
Do you know all this make you looks like a frustrated Litecoin bagholder? If not, please articulate a decent answer.

[eaLiTy]

LTC is the only legit alternative currency.
All the others are bullshit like clones or anon coins or not a currency at all.

Prime Coin, Grid Coin get a worthy mention though.

Now you know

I was wondering why no one is looking at the first script coin when all the price of alt coins are breaking records and reaching newer grounds litecoin is the only coin which has not made any significant changes in a very long time and i am not sure what the real reason is but it looks like people are looking beyond litecoin as of now as the price is always constant .

[Spoetnik]

LTC's price being stable is a good thing i think.
I am no expert on how a currency *should work though.

And to the other guy..
I am not a frustrated bag-holder.
I am a frustrated crypto-supporter / enthusiast / pundit.
I don't like seeing Litecoin fail to get it's deserved respect by brats saying it's boring.
Would you invest in Corn on the markets then cry that corn is "boring" ?
The notion is silly !
But that is EXACTLY what i have heard since the day i got into crypto in mid 2013.. LOTS !

And to be clear with you all..
About 4 months ago maybe now i went and looked on Bittrex and seen i had about $23 worth of BTC sitting there.
I thought it was an empty account because i sold off what ever was on there and gave it to an XDA dev as a BTC donation (same amount roughly)
I was not trading for roughly 2 years so..
But when i came back i seen more BTC in there and figured whelp.. i'll buy like 5 or 6 LTC coins.
No reason.. just because.
I do think it's ripe for taking off vs most other coins (based on price etc)

So my point here is i have maybe $24 worth roughly and i'd just as soon give them away.
I am not a "bag holder" really..

And i got the BTC in my account because in 2013 i went to some faucets / gambling sites..
I posted around the scene few times my REF Links..
http://freebitco.in/?r=6035
http://freedoge.co.in/?r=1876
Those two sites are old and trusted and seem to pay out well.
I stopped visiting for roughly 2 years and i guess all along they just kept sending me BTC etc.
Both are from the same person.
I am not trying to advertise my links but tell you all i *thought* i had no coins *listed* these days.
I already spent all my money but i noticed i am STILL getting paid 
So if it wasn't for those 2 ref links above i'd have no coins listed on any exchange these days.
And i *could play for free every hour too but i don't.. i just don't care anymore.

[dinofelis]

I support all coins that can help people escape state and law.  Because I think state and law are the evil of this world.

Then why are you here ?
Clearly your agenda is about breaking the law and battling "the man".
I came to support a currency and hopefully see it adopted and used by the public.

Well, you just answered your own question.  I'm here, because crypto currencies are potentially a way to "hide from the man" (I'm not going to "battle" the man, that is a hopeless affair ; but the man being evil, I try to find ways for people who want to, to hide from it ; if enough people do so, the man becomes powerless ; but even if a lot of sheep let themselves screw by the man, those that want to hide from it should be able to).

I already told you that it is the *only* utility of crypto.  If you don't want to hide from the man, the man has much better currency: fiat.  Use it.  There's no need to get into the hassle of crypto, fiat is much better.  The principal problem with fiat is that it becomes very difficult to hide it from the man, and that's where there is a potential for crypto.  The only potential, apart from a greater-fool game.  I'm not sure that the potential will play out, but if it doesn't, crypto is a totally useless affair.

The other reason why crypto is interesting *as a study object*, is that it involves hierarchy-less dynamics, which is of course what you get in society if ever it can get rid of "the man".  A question is: will in that case, a "new man" rise up ?  (centralization). 

[dinofelis]

I'm here to looking for new coins that can have some real use to profit from them buying and reselling at higher price, not "to break law", only I'm not so dumb to not see that at this time the main use of cryptocurrencies is exactly to go out of control of the law and whatever authority and not to buy from Amazon or from restaurant with credit cards that are comfortable enough.

Indeed, gambling in a greater-fool game, or "hiding from the evil law and state" are the only two applications of crypto. 

If you want to legally, taxed, officially buy stuff, fiat is unbeatable.

[dinofelis]

They can vote to increase the bitcoin circulation beyond 21,000,000. if they don't, not realizing that bitcoin is not sustainable, someone else will with another cryptocurrency (as you have said, economic scarcity which benefits some).

They can't.  That's the whole idea of immutability consensus.

About transaction limits, what about the lightning network?

That's a banking layer on top of a crypto.  There will be big "lightening hubs" where normal citizens have their account.  Bitcoin or whatever lower layer will be the "central bank settlements" between banks in that case. 

The main concern is the fundamental limit on all cryptocurrencies due to blockchain size, which will always get bigger if all transactions must be stored on all nodes. But there are pruning discussions going on. Why not just take old transactions off the blockchain and require x nodes to hold copies of those, where x is large and distributed enough. Hashes can be carried forward to maintain the validity.

The problem with pruning is that you have to know which transactions are spent.  And if you know that, then you cannot hide it, and hence, confidentiality is gone, and with it, fungibility.  At least, in a block chain setting.