Most altcoins are faster than LTC&BTC, why don't use them? It is same question. It is all about speculation and whales, LTC and BTC were early coins, I think the adopters are huge, that is the reason.
Think of this..
I hear all the time bitching usually from the newer guys here.
They complain about them early adopters that got their coins cheap etc.
Sometimes they cry flash-mine or insta-mine and then they tend to ignore the coin .. like with LTC.
What will be the difference if you new guys got here and flash mined the new coin that was launched days ago and today's coin will not get adopted because the guys showing up here in a year or two will cry foul ?
You see the problem with adoption ?
You guys don't want to buy another person bags.
You think oh they got their coins cheap i 'm not buying them.. i will wait until he next new coin comes out and buy that one.
And the cycle continues.. and the lack of adoption.. and the intense childish immoral greed.
The vicious cycle of spinning on the rat wheel continues.
And don't forget..
If 10 people walk into a room with cash in hand.
A couple people will walk out with almost all of it.
Crypto can not create winners.. it mostly creates losers.. it's called math people.
And it only gets worse like a collapsing Pyramid scheme if you don't sustain an ever growing user base of victims to be the "bag-holder"
Crypto will in fact collapse with out a growing user base.
Which means each month there has to be a greater than last month amount of fresh blood coming in.. forever.
Or the overal scene dies off and people lose value etc.