I really don't get it. "Having a second currency that trades at around 1$ could be useful for cheap transactions. Especially since Litecoin is faster. "
Seriously? Can you not send 0.01BTC instead of 1LTC/USD?
"the price of Bitcoin goes at high level. Maybe levels too high to be a cheap and easy way to transfer money."
So when the price of Litecoin goes up to 10USD we are going to create another currency for cheap and easy transactions?
Guys, I'm just trying to give a possible answer. That's currently the only outcome I can see. I mean, if you enjoy buying 0.00000042 BTC for 10$US, then there's no problem to solve. It's because the two advantages of Litecoin to Bitcoin are:
-Litecoin is cheaper
-Litecoin is faster
I'm only giving an example of a situation where Litecoin could be interesting. It's not my fault if the Litecoin advantages are not more developed than that.
The other possibility I see is that Litecoin could become the first crypto-currency to be backed on another one. Currently, it's not really interesting, but maybe in 10 years from now, the situation will be different. But hey, it's hard to predict, I mean, Bitcoin is a microscopic market right now, and Litecoin is non-existent. Those two currencies still need A LOT of development. If the LTC value is so low, it's because right now, people don't give a lot of value to the LTC advantages.