I think with gpu miners switching to litecoin when asics become mainstream, you would see these miners ''dumping'' litecoin for bitcoin, and bringing the litecoin/bitcoin price 'down'! (until they realise how much faster and more commercial litecoin is, compared to bitcoin) Although bitcoin in my eyes will prevail as a secure store of value, I don't see it as a currency you would buy your bread and milk with at your local store in the future. Get ready for dirt cheap litecoins people!
I couldn't agree more. All those bodements of LTC skyrocketing just because LTC will be added on gox is just wishful thinking. Why would they need gox? On sites like btc-e you can exchance LTC for USD and the price is not rising at all.
On the other hand: some alt currency needs to get big in order to keep mining profitable. But I doubt it'll be LTC.