I've filled it previously, sent them my id and bill and registration card. Then entered the bank data with swiftcode etc.

Now the ask for this:

The market doesn't need to be flooded with supply for the value to fall, demand just needs to drop. And this is exactly what's been happening for the last year 500 years or so.

“Diversification is protection against ignorance. It makes little sense if you know what you are doing.”

― Warren Buffett

Now the only people saying it's the end are obvious trolls.

Then I would have held on to make more money and watch it crash again. It's around $630 right now... good time for you to buy

You can just take some off the table and diversify into stocks or something. Rare earths or 3d printing are some interesting alternatives.

Yes that diluted the overall share of bitcoin in the cryptocurrency 'sector' from say 100% to 99%, but so what. Better a smaller share of a larger pie right?

Any valuable technology sector has multiple actors in it, not just one monopoly. Alts like ltc provide redundancy in case of a catastrophe or an alternative if bitcoin becomes idealogically unsound to some people causing large divides in the community (see the heated debate about Mike Hearn and blacklisting).

Anyone who thinks that the bitcoin community will remain totally in agreement in the future is simply either an idiot or protecting their btc holdings with their fanatically closed minded preaching (a la Goldbugs).

'Just fork bitcoin instead' I hear you cry. That isn't going to work as well. Too much confusion. Also you might get a new power struggle etc with the forking teams. Better to have competing alts in parallel the whole time. Ltc and its highly competent dev team (or someone else) can snap at Bitcoins heels continuously 'keeping them in line' and doing a good honest job.