Despite everything, it's still 
but not for long lolI've long believed that the crucial advantage of the term "queer" over the acronyms is that it acknowledges that diversity is not something you can exhaustively enumerate. we must be always prepared to embrace diversity that we hadn't considered before. this is the most consistent inclusivity
Dipolemost of my identity isn't covered by "LGBT", but I still find myself legitimately irritated by the ever-expanding initialism, even when one of the added letters describes me. It's missing the point that you describe, and it's also wildly impractical.
I'd very much lean towards a phrase like "queer community" if not for the fact that I occasionally find people vehemently opposed to being called queer. I don't know much about when the word was used as a slur -- that seems to have been before I really started interacting with other LGBT+ people, and I somehow missed most of the *-phobic spaces growing up. But it definitely feels like the only existing word that fits.
I've always felt that the popular "LGBTQ+" was good enough. It covers everyone, most of them at least twice. I lean towards LGBT+ because the + fills the role of the Q, I don't have to worry about the aversion some have to "queer", it still has the recognizable "LGBT", and it's a little less typing.