Point 1 - the developers of Litecoin are absent.
Thanks for this very well informed post. I will now email all the news orgs to ensure everyone knows this! The only problem is that a week ago a RC was just released
https://litecointalk.org/index.php?topic=25306.0Ahh yes, Ignore the fact that the LA launched Litecoin.com (special thanks to Aspect for this one), as well as the new branding guide, and working on other great things
. But hey, whatever coin you are trying to push im sure this post will have an affect on the marketcap by swinging massive people from Litecoin to whatever you are currently holding (or at least in your mind thats how it works). Also ignore the fact that the Litecoin Devs work on the bitcoin core as well, meaning pretty much anyone involved in cryptos can thank Litecoin along with Bitcoin.
But what do I know, im just some guy on the interwebz
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Litecoin is still widely used and accepted.
It doesn't matter how much it is. Only greedy investors care about their money. Daily users don't care much.
Litecoin does not focus on day traders like most other coins do. We DO focus on wider adoption and can prove it
. For those of us that are here for the technology and not to enrich themselves (which I can only assume the OP is here for), the price is more or less immaterial. Of course personally that is with the understanding that 90% of adoption is motivated by price fluctuations. So not saying price isn't important, but for larger widespread adoption in the long run it doesnt matter because once larger adoption takes off (which Bitcoin has not even yet), the demand will be there to drive price up higher.
Point 1 - the developers of Litecoin are absent.
Wrong! Litecoin does not need any more development, therefore it does not need a developer.
Now excuse me while I get back to enjoying a large glass of Coinbase Koolaid.
You as well as everyone else knows that is taken completely out of context, feel free to listen to the explanation here
https://www.youtube.com/watch?v=gLVwMFWGseA&feature=youtu.be (I dont remember what the time was where I talked about it, but it was a good interview). Also keep in mind the very first discussion in here was me defending ALL alts. So yea.....thanks for the vote of confidence and blasting Litecoin for whatever reason even when those involved in it still help/work with/defend alts and cryptos.
