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RE: Could Litecoin Replace Bitcoin?
If SegWitX2 goes off without issues, and it significantly decreases transaction cost and speed (by at least half, but ideally 5-10x) then I believe BTC makes a major move up and LTC will move down.
We will know who is right on this by the end of August. :)
Maybe even earlier I think late July wcould have the first part of Segwit2x locked in!