I cannot disagree with anything that you say - especially since less than 3% of my crypto portfolio holdings is alts, and half of the value of my alt holdings seems to be due to the fact that I split my Bgold, but I have not cashed out of them, yet.

Nonetheless, there still seems to be some need to accept and maneuver the space as it is rather than longing for some kind of pure historical state of affairs that is not likely to return... the cat is out of the bag - or the toothpaste is out of the tube... .. so we gotta deal with that and maneuver and attempt to figure out ways to advantage from those various dynamics, too.  Seems that in the long run, honey badger, aka BTC, is likely going to profit from these various crazy dynamics, including crazy kids these days who are losing money through various alt/ICO scams.. At the same time, a lot of snot nosed 14 year olds have been able to acquire Lambos, and even prematurely move out of grandma's basement because of their involvement in the scammy marketing project that we have also referred to as ETH.