Ltc coin is going to start eating into btc soon. The demand for btc is extremely limited most of the buyers are speculators, people will abandon bitcoin for something more friendly, accessible, less anonymous and more transparent. I love bitcoin I think it is the biggest idea of our lives but nothing doubles in 90 days. I say the more competitor coins the better. 22 is a bull shit price to high to fast.
The only way to extract value from an altcoin atm is to exchange it for btc. I'd rather save myself the time and just deal in
BTC