What sence in this? This is just a 100% miserable copy of DeepOnion coin. And even we can see what happened with DeepOnion price.
Have you seen BTC price lately? So to say alts are going down and say it's because product is bad and doesn't have anything to do with market price collapsing, makes your statement solid as BCC.
So many cryptocurrencies have lost 70%-90% from ATH - it's called bear market, only the smart ones (who sold at ATH) and the strong ones (who can hodl in pain) survive.

Very well said! I like to remind people that Ethereum initially dumped 90% of it's value from $4 to $0.4 when it reached exchanges. Admittedly the ICO was only 10 cents per Ether, so people were booking 40x profits, but long-term, the fact it dumped 90% of it's value became completely irrelevant. As you said, the strong projects survive and will thrive regardless.