BTC has a huge network effect compared to all alternative cryptocurrencies and is why I am ~50% in Bitcoin. You guys telling me that you will break Bitcoin's network effect because USD has the ultimate network effect is blasphemous.
That was not smooth's point at all. His point was that no coin is yet significant relative to USD. He didn't say that Bitcoin has 0 network effect.
But personally I am delighted to hear you are 50% in Bitcoin. Hopefully you will eat some humble pie soon if my prediction of < $150 comes true. I hope you have all your life savings in crypto as well. You are young and lesson is more valuable than not losing everything. I've lost everything more than once in my life. It was a good lesson.