yeah pretty much imho
me I'm still mining my last titan(s) to doorstop status and am doing LTC and holding (prob dumb but what I'm doing) anything above 0.006 LTC to BTC is fine with me
from my costs etc (currently it is 0.00856 LTC to BTC)
IF BTC was to pop and LTC did its usual yoshi follow along at above the 0.006 LTC to BTC rate to Bitcoin I can probably deal with that (esp with LTC halving coming up)
my real concern is the lack of ANY real scrypt miners POW version are in the works or being made at this time (due to low scrypt alt pow coin prices imho)
so eventually ....either price will have to go up for LTC and ALTS or all the data hall mining will go to BTC (esp at these BTC prices) and scrypt pow will go away
to POS or something...already you lose $$$ big time on a 50mh 900w say gaw miner at these prices for LTC and other alt coins etc... so as diff goes up and elec goes up
and price stays low/flat more stuff will roll off the other end and be shut off due to elec costs
on the other hand a pop in LTC price due to halving to say 4 bucks a lot of stuff would get turned back on ..again imho
but yeah the linkage and the old LTC silver to gold analogy has some truth to it ....I'd be a lot more secure with LTC and by indirect association the other scrypt pow alts if LTC went back to around 0.01 LTC to BTC I could live with that connection quite well mining and with the LTC I have already
anyway how I see it (athough at one time I drank the BFL kool aid so keep that in mind on the above)