Why folks get so angry when others want to invest in something I'll never know.
I may be wrong, but I get the impression from some supporters in this movement that they believe people will instead put money into older cryptos (and most likely ones they own), if so many new alts weren't coming out. It's like... hey, why is litecoin going down, yet AUR getting so much money? Let's kill it, so people push litecoin up!
It of course doesn't work that way, but again, that is the feeling I get from some here.
It doesn't help that some people supporting this movement also made their own shitcoins, which they conveniently excluded from their kill list -- due to being older than some arbitrary date they made up.
Oh for sure hey I'm a big LTC supporter too probably should have posted that again like I stated as far as dilution the trends say different in most cases and point straight to the direct pairing to BTC price to USD.
If bitcoin loses 50% generally altcoins follow they don't gain 50% by staying stable and thinking it should is unrealistic. Just look at Bitcoin and how long it took to gain traction of any kind. It took years. I generally hold and will probably wait a few years on the good alt coins.