The recent time, bitcoin was regained some of its former value while nearly all other altcoins have been dumped. Will it progress this way and eventually take out all altcoins? LTC is dumping and can probably go down to the level of nmc and ppc. Have most people figured out that altcoins are mostly pump and dump?
I would definitely not put LTC in the pump and dump category. Obviously it isn't anywhere near the adoption of BTC, but it is now supported on most major exchanges, and has a growing community. Yes prices have sagged over the short term, but so have most of the other coins (besides BTC). There has been a slight turnaround in the last day or so, but nothing major...