Actually i am loving this dump. This is the BEST case scenario. Ripple is the pin that slaughters the alts. A few alt projects will survive. ANY of them that look even a little like a security are gonna get killed.
Bitcoin basically holds. Dominance goes wild.
Edit.. Wow.. the more I look at this the more beautiful it is.
Ripple another coin not backed by mining gear. Did well right?
Didn't want to double post.
Bitcoin is Bitcoin. Altcoins are altcoins. Ripple is corporate crap.