Most of the time I only believe in bitcoin, because bitcoin and blockchain are our future applications.
At present, most altcoin looks more like a scam and hype, which worries me.
I agree, right now I trust bitcoin more than most of the alternative coins out there right now. Who really knows what cryptocurrency will be like in a few years time, all we have are speculations to go off of. Yes the things the author listed are reason enough to pull out of cryptocurrency but I see blockchain technology and the concept of cryptocurrency potentially changing a bit of things with our economy.
We can't deny some altcoins just destroying the image of crypto in the community which is supposedly it won't be happen though.
For the anonymity of these new form of currency encourage scammers to catch victims, it could be easy for them since they doing it for many times. I knew we are all aware for these acts but sadly still many individuals have being caught for scam. And mostly people involve into this are those who are wanting quick and easy money.