The more that LTC creams Bitcoin the more compelling it becomes to do it on BTC too. I hope LTC becomes a total whizz bang wonder in comparison because that's good for everyone in the end. And of course developers will head straight there. It's the biggest game in town for their ideas.

What does it mean? they could literally launch a BTC blockchain with the same algo and test their ideas there, it's not like LTC has any real world use so let them be happy with an artificial pumped coin, if LTC was any good then why didn't people start mining and investing 2 years ago?
I think after ETH/ DASH sudden pumps now every body knows LTC is the next so they are trying to manipulate us to enter LTC because of FOMO so they can cash out their millions of dollars.
Note that the same big farmers (Chinese miners) operating large bitcoin mining farms also have large stakes in LTC mining and hold most of the coins.

I think it is being pumped to give the illusion that there is.

FInally after many years and being taken  down from the top spot,development is now ongoing and we hope it's a permanent and on going,they will definitely going to regain their 2nd spot if development and price keeps pumping.

It looks litecoin lead the bitcoin. In my opinion, if litecoin as pre-implementation to give a real result for the usefulness of segwit and LN to the bitcoin voters.
It seems like BU shills still attacking it. This is a big news for all of we will be seeing real implementation of either segwit and LN on litecoin.
As more people are feeling doubt about the effectivity of segwit and ln due the fast block of litecoin than bitcon itself.
Just try to catch the benefits from its.

Traders are taking advantage of the recent news to unload some coins
(probably many people trying to get back some of the losses they took buying LTC close to $40)

but the coin might have potential.
Its been under development and has serious support for many years. Definitely worth having some Litecoin in your portfolio for a long-term investment.

It's just Bitcoin x4 isn't it? 4 times the total supply, blocks every 2.5m instead of 10. Means it can handle 4 times the transactions + segwit means it can handle even more than that.
It is a little bit like a Chinese ghost town though, the 8 lane motorway is great, but not really needed for a few cars.  It doesn't need to have Segwit or 4 times the capacity of Bitcoin.

People seem to think that if Bitcoin has problems that everyone will just start using Litecoin. This isn't like a bank, where if my bank goes under, I will open a new account somewhere else. If Bitcoin goes under, I won't invest in crypto.  It will have been a failed experiment, I think we all know that it is binary, success or failure over the medium term. Without Bitcoin, crypto is nothing.

Point of Clarification ,
BTC would have been a failed experiment ,
Crypto is going to happen, if you are going to cry because your favorite did not win, because they did not improve the product, so be it.
Enjoy your BTC and listening to music on 8 track tapes, both outdated products.

Grow up, the only guarantee in Life is things change.
Well Crypto is changing and BTC will no longer be top dog, they have no one but themselves and BTC core devs to blame.
No innovation, higher fees, longer delays, the crypto community should have dropped BTC over a year ago.


 

Yes. And after every pump comes the dump. It's a law of nature of something!