If Bitcoin copies LiteCoin, then they are both me-too; and the value equation will favor Bitcoin as the more well known and longer standing of the two.
LiteCoin long term value will depend on staying ahead of and innovating faster than BitCoin.
That does seem possible, given the slow rate at which Bitcoin consensus seems to form.
STEEM On!!
Yeah true, may be because Litecoin though decentralized has a single leader and no politics involved in it yet due to its low price. Bitcoin is now stuck in politics and greed which could hamper its image if the fork happens leaving most of them in confusion. Though I support the original version and not the Cash. I might sell the free Cash for Litecoin after analyzing the market later.