Bitcoin is a deep existential crisis: because Bitcoin is already in existence, with more security, processing power and an established user base, anybody looking to use digital cash will naturally prefer it over smaller and less secure alternatives. Because the replication of the code to generate a new coin is almost costless, and the imitation coins proliferate, no single coin is likely to develop any sort of significant growth or momentum unless there is an active team dedicated to nurturing it, growing it, coding it, and securing it.
