More than 80% of Bitcoins are already mined and owned before the majority of the world even understands what it is. That is a major hurdle for Bitcoin adoption if you ask me and will continue to be in decades to come! And Litecoin and other alts aren't that different. This is why I promote SwiftCash! It's almost 1 year old and if you count its history it's more than 2 years old! And still only below 2% of max is mined and it's going to take more than 500 years to reach its maximum supply! After 12 years, it's gonna be like 10% of its max! Compare that to Bitcoin which is over 80% of its max in less than 12 years! Huge difference...
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I think you are spot on with your post.