You guys have to look outside of the box, I have a lot of hope in Litecoin so don't think of me as attacking it.
That is fantastic if Litecoins get a new payment processor, hell even another exchange. But what you guys aren't doing is paying attention to the lack of even a simple Litecoin economy.
Currently all that is funding this PUSH in Litecoins is the flock of miners rushing to Ltc as they are unable to continue to mine Btc efficiently. As well as several people with large amounts of Btc looking to diversify there assets believing that Ltc is going Bullish. (which it most certainly is)
Once a payment processor is in place how long until anyone decides to adopt it for use? The majority of people who use Bitcoins know NOTHING about alternate crypto-currencies. Bitcoin in itself is JUST getting the slightest bit of attention and finally has developed a somewhat "stable" (and I say that lightly) economy where it bounces back at a rapid rate after any loss of market confidence.
Litecoin is going bullish and anyone can quote me on this next month. I don't want to see people buying it up when it hits one dollar just to have there savings shattered.
People who use bitcoins (merchants that is) dont need to know much about alternate crypto. Litecoin is very similar to bitcoin. Virtually identical to accept.
Yesterday was a prime example of then merchant who accept btc for items online could not do so given the flawed 0.8 release and Gavin telling pool operators to pick an arbitrary max block size. Hence the fork in the chain.
Litecoin would have served as a backup in this instance.
No i am not taking what you are saying as attacking it. Just informing you of the facts. Yes litecoin has skyrocketed. But it was stable between 5 and 8 cents for over 7 months. Which is stable and secure (given the hash rate put on it consistently over time and the volume of trading each day).
Anyways welcome to the crypto subforum =)
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