When looking at the hashing power on the LTC network, that down trend will continue.. it all started after they announced the're stopping development...
Where did they announce they had quit on development? I only saw the quote saying that LTC doesn't need more development right now, it needs more acceptance. If that's what you're talking about, that doesn't mean there won't be more development in the future.
I saw some posts saying they stop development, maybe it was taken out of context..
I think so, I haven't seen anything stating that they had stopped development. Only that lack of development wasn't LTC's main issue.