I decided to start this discussion, not as a means to distribute negativity or defect the credibility of projects alternative to bitcoin (I myself am a supporter of numerous blockchain projects other than bitcoin),
Let me stop you there. First please tell us which legitimate projects that you support are getting their credibility hurt because the market is "flooded" with cryptocoins that seem to be scams. I ask you this because it is looking like you are thinking that the projects you support cannot see the light of day because there are simply too much cryptocoins to choose from.