I don't understand, there are already lots of alt coins. Litecoin is almost the same thing as bitcoin, but with a different algo and faster confirmation time. Do you mean just a straight up bitcoin clone? It doesnt matter, there are already too many people invested in bitcoins. I think that you can look at it, at least for now, that bitcoin is gold, litecoin is silver, and everything else is, idk,, corn or something.