BTCE:LTCBTC Litecoin / Bitcoin
We're looking at the early stages of a run. People have noticed that in the last two big rallies (April 2013 and Nov 2013 ) the ltcbtc pair rallied alongside , meaning that litecoin yielded a higher return than during those rallies. This chart shows that the ltcbtc pair didn't rally until a few weeks after the rally began, which may explain the expected ltcbtc rally has not yet materialized even as ltcusd and ltccny remain . Original idea for this chart from https://twitter.com/pterion2910/status/737033445063467008
i doubt ethereum is going to replace litecoin. litecoin is no doubt simple yet it survived all the ethereum ancestors such as NXT, XRP and some other mambo jambo coins that were threatening to dethrone even bitcoin itself but ended up in 0.0000xx levels. look at these coins past and you will see how they were pumped beyond anyone's belief. ethereum offers nothing new its just over hyped and a "novelty to misguide noobs and profit from". bitcoin and litecoin will stay around for a long time to come simply because of their simplicity in doing what they do best while coins like ethereum cause silly investors and noobs losses in millions.
Has having Ethereum prevented any other altcoin pumps seen this year, e.g., Dash, MAID, Bitshares, Monero, etc? All assets run up against the law of diminishing returns and at some point ETH will enter a bear phase, while at the same time LTC may show a lot of potential upside. That's when money will move in.