I see 3 possible outcomes for Litecoin: (which one do you think it will be)
1. Litecoin continues as the silver to Bitcoin's gold analogy forever and maintains 60-70 to 1 ratio with BTC (or better at times similar to precious metals).
I think this is the most probably thing to happen for litecoin. LTC has a good and dedicated developer and it will continue being strong and continue being at this price and in time can even grow.
2. Bitcoin has an issue such as scaling and it brings down or sideways the entire crypto market including Litecoin.
what issue?
first of all the scaling issue is not yet a serious issue
second of all this issue is being solved one way or another. and I think the more time it takes and more tests done on it, the better it is before really implementing anything.
so I can't really see bitcoin failing because of scaling issue and anything else replacing it.
3. People realize that Litecoin is a better Bitcoin and it has to be rebranded as the platinum to Bitcoin's gold.
well that's just it, litecoin is not better than bitcoin
so there is nothing to realize.
The sweet spot
[I m g]http://bitcoindaily.org/wp-content/uploads/2016/05/what-is-litecoin.jpg?resolution=1024,1[/img]
bitcoin block size is wrong!
the rest are also debatable, and not entirely right about either of these!
also there is two important things missing from this picture:
1) manipulation: it exits everywhere but if we call level of manipulation in etherum 100% in the other two it would be less than 10%
and
2) decentralization: LTC and BTC are both at an acceptable level of decentralization but ETH is a centralized coin that is being controlled by the developer and the foundation.