None of the major alts have ever endured a full crypto winter. Even ETH launched at the bottom of the crypto winter and was straight uphill from there. Undoubtedly this has been a learning experience for the Masters of the Altiverse.
I'm not defending alts but this is just patently false.
In what way is Hairy's statement patently false?
Sure if you mean the old world alts of pre-2014 back *before* the current nouveau crop like ETH, XRP, DASH, XMR, etc., all the ICO garbage... then yeah, they had a pretty hard bear market. I remember LTC dropping from $48 all the way down to $1.20.
But the nouveau shitcoin crowd has yet to see a significant crash. And trust me it's thin all the way down. Just look how that one whale trader on Coinbase was able to crash ETH all the way down to $0.10. And that was just like ONE guy (or one small colluding group).