they realise their action is going to weaken the bitcoin, and the developers also don't want to miss the train to make profit, now we are flooded with tons of no value alt coins and tainted reputation, if we can focus and have the same mindset for bitcoin, then btc could progress better and the adoption could become faster
so what if they will invest on those sh*t coins ? yes they can earn a profit but the risk is also big and not all times they can earn . they did also loose . while you that invest on bitcoin and other legit coins are still contiuing to earn a good profit with lesser risks . and besides not all are going for sh*t coins because majority of crypto enthusiasts are also wise and knowledgeable person . so dont worry meyt bitcoin value wont be affected that much .
There is a new
industry now surrounding
ICO, Alt-coin, Airdrops, Bounties etc etc just like Mining, Wallets, Exchanges have entire industries around them in different countries.
The difference is there are actual
scammers creating business only around
"New Coins" that are just going to
rob new people to the space. We see it time and time again, so from our point - let's just
wait 10 years and see which coins last...
There will probably be
5 of the top 10 altcoins still in the
top of market cap. There is no way to tell which 5 will live and which will die though...