I think in some way yes, with the way that the crypto market has come to, because if you look at most of the alt coins that are filling the market a bunch of them are just a scam made by opportunistic capatilists that their objective is just to make as much money from it rather than create something useful that solves issues or improve things, and this has been the case for a while now, and yet people still fall into thier trap and you see them investing thier money thinking that they will make a fortune only to be met with disappointment, and this act has given a bad reputation not only to altcoins but to the crypto currency in general, while bitcoin can not be viewed as the same way because of how large and decentrelized the market is making it uneasy to be manipulated.