If the main goal will be just cashing out through bitcoin when the bubble pop will seem imminent, then the bitcoin crash won't wait for much longer. I know that's not what you said, but if they are not evangelical abot their altcoin and they just wait for the right opportunity to cash out, they will have the same relationship towards bitcoin - it's just that the time to cash out from bitcoin will come a bit later.

I agree 100% with what you say about Steem. Very few people in this environment focus on actually creating value.