Quality and informative post as usual. It's obvious that you are one of the bloggers who put in the time and effort. Unlike those who'd go for quantity and spam others' timeline with several posts a day. You are among the writers at Steemit who I feel deserve to obtain more exposure. And rewards.
Anyway, as for the post's content - less dominance by Bitcoin is a good thing for the market. It may be the first, and the one that had started it all. But other worthy projects have since come into existence, and the focus should be on them too. Especially the ones that have potential to bring about changes and improvements worldwide.
Those who buy Bitcoin for the sole purpose of speculating on capital appreciation will not be pleased. But it would be a good thing of its price stabilises within a fairly tight range, with the volatility gone. That will result in it being a worldwide currency, like the US dollar.
Absolutely. The reduction in the volatility is a big step towards having real world applications. More than just an investment Cryptos should now have real life applications.