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RE: Could Litecoin Replace Bitcoin?
I like Litecoin very well. and as you know China and Korea were behind the last biggest rise for LTC.
Personally i am just waiting a little more for a correction in the market to buy some few more. I think LTC wont go below $45 again, because of the high volume on it, furthermore Charlie lee will devote his time to develop it more and more.
concerning LTC vs BTC I dont think there will not be a chance for LTC to beat BTC, unless a split on the Blockchain happens on 1st August. but I think this wont happen. if it happens I am sure people will loose their trust in BTC and shift to other altcoins mainly ETHER, LTC etc....
The only way Litecoin will replace Bitcoin is if we see a split. Who will lead the way on which bitcoin is the better one to use or adopt as a digital currency. If we look at ETH as a test case ETH classic has been left behind with the ICO craze.
Bitcoin should be used for large purchases and Litecoin can and is a game changer for every day fluid purchases.