If litecoin is the silver to bitcoin's gold, then it's reasonably priced

[DrBitcoin]

I recently converted .30BTC into about 12LTC. The reason is because the Chinese exchange Huboi is now accepting it.  This lead me to believe if more third parties start trading in Litecoin in addition to BTC, then it is possible that LTC could break free and blossom.  My hope is that it will eventually gain about 25% of Bitcoins value and become an alternative to people who think "Bitcoin is too expensive."

Litecoin was up to $40 at one point, so even at $17, it isn't a bad buy with the hopes of doubling your money down the road even at the current BTC/LTC ratio.

Total gamble.