> how can you possibly make the claim that BTC was diluted vs the market cap of other coins being net new value? It makes some sense to me. When BTC was smalle

> how can you possibly make the claim that BTC was diluted vs the market cap of other coins being net new value? It makes some sense to me. When BTC was smaller in capitalization it was easier to double your money. Now smaller coins attract dollars that otherwise would have pumped up BTC so growth stagnates. BTC was considered the most stable of them all and I now find those claims somewhat dubious, they're all extremely volatile