So what do you think would happen if another Cryptocurrency (Example Monero / Ethereum etc) were to take Bitcoins spot as first in market cap?
I think it only means that, the crypto system is moving and alive, some people are saying that the whole crptosystem is gonna die but because of that happening, we could say that people are still in to cryptocurrency. That is a great news more than a bad one. I believe there are many altcoins that could take bitcoins post any minute, because there are just so many good and promising coins out in the market.
I don't think so that cryptocurrency will going to die at any time soon. Maybe in the future or could be not because its concept is really good compared to the concept of fiat money where there are many regulations from third parties like the banks and the government.