My thought exactly. The industry has been infested with get rich quick noobs and we definitely don't need more of them. I rather see them flow into altcoins and put their money to waste there.

Bitcoin seems to be less attractive for noobs and I actually like it. Most of the people investing in Bitcoin do it for the long term or they use it as store of value. The rest has left to altcoins hoping for better returns.

I remember how people here were excited to see celebrities promote Bitcoin, while now rightfully don't like to see it happen. Bitcoin is not a statement of luxury and shouldn't ever become that.