Litecoin is exactly where bitcoin was 2 years ago.  Its value for buyers is exceeding the cost to make coins.  As diff goes up, the costs to make coins go up.  Excellent value proposition.  I have significant buy orders at 4 and I hope it drops to there.  I've got a small position at 5 as I think it will certainly go down there.  It looks like prices are currently stable but if Bitcoin takes a small tumble, Litecoin will fall to 5 or lower and I doubt it will stay there that long.  In 6 months, Litecoin's prices will have recovered greatly and I'll have doubled or tripled (or more).  Can't really do that with Bitcoin when BTC is at 550.