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Comment on LiteCoin Mining on EC2 is currently profitable

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The problem though is that while buying/selling bitcoins is just hard, exchanging litecoins is practically impossible. Currently litecoins are only used as a ponzi scheme, rather than a payment method and if anybody does what OP suggests, please be smart and cash out as fast as you can. You can cash out to bitcoins if that floats your boat, at least they are actually used for things other than being a scam.

exchanging litecoins is practically impossible
Currently litecoins are only used as a ponzi scheme

What? I'm not really a fan of Litecoin but you can't just make false claims.

Just sell them for bitcoins and then sell the bitcoins. Easy.

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