People can always use alts to move money, they don't have to use BTC. For example the fee when using doge is 1 Doge which is about 50 satoshis. I expect this development will hasten the move into alts.
I do prefere Litecoin for exactly that reason. Fast, unexpensive, does the job.
Lauda, another alt coin thread?
We'll have RealBitcoin here in a minute pushing nxt.
It is a self regulating cycle: Mining is not profitable -> some miners leave -> mining becomes profitable for the remaining entities -> new miners join -> mining is not profitable.
That is how it was designed but no chance of that happening ATM, IMO.
Mining is profitable -> segwit doesn't come into effect for months/ever -> mempool overload -> fees spike -> mining becomes even more profitable.