let me put it this way:
it is used by so many altcoins because it is supposed to be used by so many altcoins. it is designed to do exactly that and nothing else.

in other words your question is like asking why so many people use Firefox to browse internet instead of doing somethign else with it.

well feel free to buy at any price. my word is towards those people who think price is too high and always wait for a dip to buy in.

let me show you on a chart for a better understanding:


the dip is after the big rise and in case you missed buying 2 weeks ago for example.
and by the way price has gone up about $100 ever since this morning.

you are confused about what buying in a dip means. let me give you an example which you can check on the charts:
in March, price started moving up fast up to $1350 ATH of that time then it dropped down. the bottom (lowest price) was $891.33

buying in the dip means buying anywhere below $1200 and make profit when price goes up in 8 days back to $1200 range and make the biggest profit when it reaches $3500 in 5 months!

5 months ago price went up above $1250 people started saying "will it come down so we can buy" then it came down to $800-$900 and i told them This is the dip to buy in

3 months ago again price went up from $1400 to $2755 and a lot of people were asking "is it a good time to buy bitcoin, will it come down to buy?" then there was a dip $1850 on 26 and 27 of May. and i told them This is the dip to buy in
you can see one of the topics here: https://bitcointalk.org/index.php?topic=1933765.0

now price once again went up to $3500 and people are again asking "will it come down so we can buy".
i tell you again the dip is happening again. you had a chance of buying at $3100 and anything now is a good buy price, buy before you regret it.
This is the dip to buy in

so which one will you be? someone who buys before it is too late or someone who regrets and buys when it is too late?

i stopped holding altcoins a long time ago when i finally realized that they are not going to have any half decent future and the money loss is big when holding most of them.

now i am only holding bitcoin and litecoin for long term and have some small amounts of a couple of smaller altcoins.
then my most attention is in short term investments when i buy them to sell fast and get the profit before the dump.

i am very disappointed in ethereum performance, it has been very poor lately. the dumps are big and just when you think they are over and rise is about to happen, they start anew!
this time i think i won't go for it, i will wait until it is properly dumped down to the bottom and wait until the real price shows up and then buy to get ready for the after party pump.

i think it was not a year ago that every new altcoin that was created had a pre-mine. they even premined majority of the total supply at some point! it was a terrible scene, everyone got dumped on as soon as they bought the coin because the developer was the only person holding all the coins! and he was only looking to dump.

now if you tell someone a coin has a premine they run the other way. of course in the middle of all this there are coins like Byteball that is distributing coins in a fair fashion and they are successful because it is real.

same is true these days about ICOs

Btctalk name: RoommateAgreement
Rank: Hero Member
Current post count: 1630
BTC Address: 1GBo56BS9x1NHaf2tNTWcTrm6KbSsnYzgX
Wear appropriate signature: done
Wear avatar: i'm on it

Username: RoommateAgreement
Post Count: 1629
BTC Address: 1GBo56BS9x1NHaf2tNTWcTrm6KbSsnYzgX

i'm sorry but i could not resist 
this is so funny on block 478617

no it has no support yet. in fact there is no way to tell right now at the very least.

and it not only didn't solve anything but in fact it added a lot more problems. now you wait an see.

your problem is that you don't understand what "a good investment" means. a good investment is not something that can give you 10x profit in a short time with an extremely high risk of casuing a 99% loss.

a good investment is a solid investment that you can be sure when you put your money in, that investment will protect it. has low risks. and will give you a decent reward.
bitcoin so far is the safest crypto that has never been hacked and gives you at least 200% profit a year. and that meansa good investment.

boy i wonder if BCC nodes are going to crash the first day
it will be so fun thouh, to see their buggy code at work and under this much traffic of everyone trying to dump as fast as they can before BCC disappears or is crashed.

Btctalk name: RoommateAgreement
Rank: Hero Member
Current post count: 1625
BTC Address: 1GBo56BS9x1NHaf2tNTWcTrm6KbSsnYzgX
Wear appropriate signature: i'm on it

thanks the article makes sense if what you said is true, but i am still very skeptical because i can not find anything on the internet saying "Alexander Vinnik" is the owner of btc-e and i have searched before for finding information on them and i did it again with this name and nothing came up!

p.s i hope the last part of your comment is not true. it is the oldest exchange that is standing to this day.

i don't get it!
this has NOTHING to do with btc-e!!!

someone arrested some criminal in some unrelated country (Russia) and you say it is btc-e owner related.

BTC-E is not even a Russian exchange

whales never go against the market, if they were doing it they would have never became whales in first place!
they always go with the market, for example when there is a panic they dump and manipulate, when there is good news they have already bought the bottoms and place the big buy walls now. and things like that.

and right now there is only good news and tendency is towards rising more. going against this tide is a little dumb

cash out? cash what out? this is bitcoin, the only decent decentralized cryptocurrency with a scarce and limited number of coins. if you hold any amount you are holding a share of this coin of the future.

forget about the short term silliness if you are not a trader, and stick to reality in the long term. move any coin you have to cold storage and forget about it for a couple of years, then come here and thank me.

well yeah. it is never only 1 thing leading to one result. there are a lot of reasons. and they all work together at the same time to have one singular result.
the market manipulation have always existed but to make it work better the FUD comes to work also and makes it effective.
the other way around is also true, FUD exists but in order to make it effective the market manipulation has to be with it too.

bear market is not the same as bitcoin crashing.
bear market is not abnormal thing, it happens sometimes and it happens in all markets. you can never prevent it from happening.

crashing is a different story, it is because of FUD and idiots in the market who panic sell. to prevent that you either have to prevent FUD from spreading or help others see why it is false.