I look at BTC as the greatest thing for our world. We need digital currency. It makes sense. But, we live in a world where we are driven by greed and profit. So with that said....
If someone creates a ALT coin to compete with BTC for first place, I think eventually that ALT coin will get there. Because at the end of the day, if that 'ALT COIN" makes enough money they can continuously push their "ALT COIN to surpass BTC.
I dont see anyone financially backing up BTC.
I see Bcash and their owners making deals.
I see Ripple making deals
I see pretty much everyone else making deals
And pretty soon those deals that these "ALT Coins" are making will eventually climb them into the #1 spot
PLus, people are shorting BTC all day long. It sucks, because im the "buy during the dip" guy.
my opinions only.... im ready for the backlash
Well most of your sights are right,this what make bitcoin drops popularity those greed that manipulates market,added those weak handed humans that with just a small drop from the price they sell instantly their coins without little patience and this really sucks
Thats why i love your arguments since i guess this is the right time to tackle this serious matters for the benefits of us al