All of this competition is going to be a good thing for Bitcoin or a real bad thing.. I see many dark forces at work in the crypto market as a whole.
It's going to be interesting but there is so much going on in crypto right now that has the possibility to seriously derail things in the short term..
https://steemit.com/bitcoin/@pawsdog/12-3-2017-the-market-view-and-trading-outlook