Going back to the network spam clearing up.
So… going theoretical here… Many believe that the spam the bitcoin network was experiencing was orchestrated by people with ties to Bitcoin Cash. The idea held by many was that these people were spamming Bitcoin network to drive fees up while offering a cheaper faster alternative. At the same time it appeared as if someone was pumping Bcash on occasion to create hype behind it and grab more attention. This seemed pretty effective at the time. Keep in mind this all occurred during arguably record high entrance to the market by newcomers.
After a few months of this going on, the people chasing the alt coin market began placing heavy value on cheap, fast transactions. This drove people to pumping coins that had little backing or history but, had cheap and fast transaction times. I think the sheeple have moved past Bcash and now see a larger range of coins that are available that offer their cheap fast transactions. The people who chased Bcash for the cheap and fast transactions have moved on (hence the Ripple boom).
There is little benefit to spamming the network now as many others on here have theorized. Not to mention how costly it must have been to spam the network… That money would be better spent say… pumping bcash again to gain interest in a market where Bitcoin is moving sideways and “becoming boring”. You heard it here first… bcash pump inbound.
Wanna hear my theory? That in 2017 the flippening into alts, constant bitcoin spamming, FUD, and eventual creation of BCash were all related... a deliberate, multi-faceted, year long campaign that was well planned in advance. Whales and hedge funds started the crazy Bitcoin volatility and FUD all the way back in Jan 2017, and did it for one purpose: for all of the year, to shake as many people out and away from Bitcoin because they already knew that Bitcoin Futures were coming online in December (they are insiders after all -- and insiders know things
well in advance of the public). And they couldn't just run the market straight up, that's not how big players take long positions. They were constantly pumping and shorting the whole time, all the while slowly ramping it up and building their long position over an entire year.
It's pretty obvious in hindsight. And
if I'm right about this, then we should start to see alts slowly and almost imperceptibly bleed back into the Bitcoin market over time. We may even see a few "controlled demolitions" of some alts here and there, and their markets likely won't recover to previous ATHs after that.
You could be wrong, and the same results of alt money flowing back into bitcoin will take place.
I pretty much agree with what you said, except for the preplanned nonsense... you got so much of this fatalism in your theory that it causes your overall presentation, here, to be less convincing, except for like numerology conspiracy theorists... hahahahahhaha
Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty.