Im just unsure to get in LTC because who knows if this is another flash pump and dump like the ones we've seen in the past few days.
Compare the volume.
Yeah rather than flash I would have said stagnating from the current price to the flat 2-3 USD price. Its got top poloniex volume so it's prime for either an epic pump or slow motion unloading (if some whale doesn't get nervous)... make your bets.
The
economics says that a massive move from BTC into LTC must happen.
A massive economic opportunity like that won't be left on the table by the miners of LTC.
Unless I am incorrect about the market dynamics of Scrypt ASICs. Can someone research the Scrypt ASIC market? I'm presuming it doesn't have the economies-of-scale of SHA256 ASICs, because the demand has been 1/50th for such a long time. What are the lead times on ramping up supply? Has the supply been quietly monopolized/hoarded?