BTC is store of wealth and LTC is fast cheap transactions.
To this :
BTC is store of wealth and fast cheap transactions. LTC is just another dead aLTCoin.
Just use twitter to ask @SatoshiLite this banned truth
They might draw cap from each other on occasion as the markets grow/evolve, sure. But if you're a business selling a product or service you're not going to refuse LTC, just because BTC is back on a level playing field or even if it's a little faster. You will accept whatever crypto people have as long as the transaction times, the costs, and the fees are similar. And of the regular users of cryptocurrencies that hold more than a few dollars worth of crypto, most will store their value in different baskets, even if those baskets look the same, carry the same amount of eggs, and are made out of the same materials.
Moreover, Charlie lee has a rather sizable, loyal following. He maintains a reputation for being savvy in business--especially in fintech--and he is a solid tech innovator to boot. Let's face it, even if you hate him and disagree with everything he says and does, he is a leader in the crypto space, a sort of, Founding Father if you will. And that does not seem likely to change anytime soon.
Grow up. Live a little and learn how the world works. You sound like a teenager, but I won't presume to know your age from your post. I am relatively certain, however, regardless of your age, that you're inexperienced when it comes to life in general.
Enjoy watching LTC plow through the $100.00 mark before the holidays.