a recent pump in an altcoin doesn't make it a suitable replacement for bitcoin. nobody likes litecoin, many believe that it is dead and it is abandoned.
in the past year that i have been trading altcoins, i have seen same pumps and the same topics about litecoins is the thing, but the hype always end after the dump begins.
depends on what you expect....myself if it stays above 0.006 LTC to BTC I'm just dandy with LTC..again imho people will look for an alternative
and imho if LTC goes then all Alts are pretty much toast again...imho
the bet is right now with a lot of folk holding LTC is that it should be closer to 0.010 LTC to BTC rather then the previous low 0.00595 if I remember correctly
so the probability in my view their will ALWAYS be an alternative to bitcoin ..and my current thought are it is LTC.....same blockchain tech but scrypt..no drama..the developer is known
3x the transaction speed ..again this is my view...esp with any blockchain apps and sidechains ..they will migrate to LTC as well .......and I DO expect further
development of the coin too....but not till after the halving
now I'm not a fanatic about it...but again anything over 0.006 LTC to BTC works for me for the foreseeable future even if there is a pump and dump after the halving
but then again maybe that is just me .....but why I'm holding at the present time