It opens the door wide open for better altcoin to kill Bitcoin.
However for the short-term this is appears to be the crash to below $150, that I predicted last year. The crash should bottom roughly March. Amazing the crash is coming right on time as gold has also warned it is ready to crash below $1000 (headed to below $850 by March).
This is necessary to reset everything. Then we start anew and look for the technology that can improve upon Bitcoin.
This is fabulous day for me. My diligence has paid off and I could be in the driver's seat.