Interesting developments in the crypto arena to be sure. I have always thought of myself as a Bitcoin maximalist, but I have been diversifying more and more into the alt space all the time.

The fact that Bitcoin has been taking off is masking the fact that it is rapidly losing market share. The inability, or more accurately, the unwillingness of the bitcoin core team to solve the scaling debate is now bordering the absurd. Bitcoin is being mismanaged into irrelevance.

The free market in competing currencies has already improved on the original, and will continue to do so.

If possible, investors would be wise to buy any dips in the largest half dozen coins.