Should bitcoin be viewed as just another altcoin/sh*tcoin now?
100% yes. It's community behaves like that of the average shitcoin (even worse). It's tech is the worst of all coins. (10 minutes confirms, no difficulty retarget and so on)
Try to relaunch in altsection with such a shit logo and a satoshi premine with subsequent ninja-mine and see if people care.
It is a shitcoin by all standards. The only thing that holds it up now is the delusional talk about it everywhere how it would be disruptive to fiat (it isn't) and the fact it is the shitcoin all the other shitcoins are traded against.
Bitcoin is the king shitcoin. Pump and dump worthless crap only living from hype.
It behaves 1:1 EXACTLY like your nextbest shitcoin - the todays shitcoins actually look good compared to it from fundamental technical view, so yes, it's not just another shitcoin it is the worst of them all. Coins with this bad fundamentals are all dead now. It's the last surviving major shitcoin from the early era.
Wouldn't go quite so far, but damn - it's hard to argue that there's much to bitcoin beyond it's larger (and sinking) market cap. And, for all the VC interest, I'm sure that'll be down this year. Money tends to follow money - in and out.
