This is something I am worried about, if this continues and there is no suitable direction, the bitcoin may be left behind, and the other altcoin throne. Currently, bitcoin is in the development process, it should not get into any trouble. Conversely, altcoin is growing so quickly, it surprised me.
firstly, dont worry about price.. or market cap drama. thats all just ups and downs that will always occur, anyone can make an alt with 5 trillion coins premined, sell 1 coin on an exchange for just $1 and cause that altcoin to get a $5trillion market cap.
devs can be ass-hats.. the sooner they change their ways the better. i just wish blockstream would hurry up and jump ship to hyper ledger so the real bitcoin passionate devs can get on with improving bitcoin without the puppet strings holding them up
what does concern most and can significantly change the paradigm is if bitpay/coinbase switched their merchant tools from bitcoin to something else.. which many of the DCG cartel are thinking litecoin would be the option if it came down to it.
in short if you can no longer buy real world items from the thousands of merchants that accept bitcoin currently, because it all switched over to another coin.. then bitcoin will get affected