Well for a while there we had some bolshy little bitcoin derivatives in the wide spread of diverse AltCoins until last year, where things started going astray just a little. Early this year we started to see some major sell-off going on and the alts crashing. Now with BitCoin's market dominance approaching the dangerous %80 threat rapidly, there are intense fears over an impending altcoins extinction event?! Oh dear, it looks like many of them could be going the way of the dinosaurs, with the remaining survivors living to evolve fur and become the 'mammals' of this brave new world?
What do you all think about this, and why are people dumping alts to create BitCoin's market dominance? It wasn't always like this, back in the hazy days of the AltCoin Pangaea...