~
Lol, you are right but it seems you aren't getting me. You have witnessed the recent explosive developments we have had in the space of late? I guess yeah but what happened next, nothing. We are still stuck at where we are. You know what, don't examine this by assuming that everybody likes the tech. Honestly speaking majority of us in the space, about 90% may have entered to make money and that's why no one uses the platform as the money drained out.
Have you asked yourself why almost more than 90% of Ethereum DApps recorded null platform transactions recently??. That's because the money is gone and all I'm saying is that people will only use thses altcoins and sh*tcoins should Bitcoin move up.
And for those self-acclaimed Bitcoin killers, what did they gey in advance??, nothing.. take a look at their coins even after massive developments. I am not denying the fact that we need other tech advancements in the space, but I'm saying we may not reach where we want to if we start developing by saying we're gonna kill Bitcoin lol..
again you are confusing two different things:
- shitcoins with developers and advertisers who are full of shit. they don't do anything, their coin/token is completely useless and they always claim they are better than bitcoin or going to replace it,... these shitcoins are only getting pumped and dumped for a while then they die.
- decent projects with some interesting innovations that aren't being advertised like the first group and you won't see them because they are not among top 10, 20 shitcoins on coinmarketcap.com but they do exist.
i am not disagreeing with the fact that coins like ETH, ETH's ICO tokens, most of the top coins like XRP, DASH, LTC, ... are shitcoins. all i am saying is that what you suggested here about all the altcoins should praise bitcoin is wrong.
simple logic here is that;
Bitcoin goes up, ALTs go up, money flows into the space, people get attracted to the money, mainstream adoption grows, crypto grows. That's it.
that is not really how it happens though.
in fact most of the times when bitcoin rises (as in a rally not a 5-10% small rise), majority of altcoins get dumped hard because traders pull their money out to put back in bitcoin.