The more people believed in the religious creed the more the prophecies and central belief made sense. The bigger the circle jerking, the better
Today instead of Bibles we have white papers. Instead of prophecies we have technical analysis.
I have never thought of it in this way. The analogy you have pointed makes so much sense. Just the way it is in religion, its time we come to accept that bitcoin has become obsolete and the success of other cryptos should not be dependent on the technical analysis of one.
Neither should the analysis be based on the fact that one coin was there longer. A very good point