It's still got good long term potential. Not as much as Nxt but it's always a great idea to diversify.
Also, keep in mind that the reason for the spike was largely because people thought Overstock might go with BTSX.. which is clearly not happening anymore. Also the other big thing BTSX had going for it was BitUSD.. but clearly NuBits is maintaining a much more stable price, while BitUSD has been a little bit weak.
Wow, you managed to say, all in one post:
NXT > BTSX.
Nubits > bitUSD.
And that our price rise was people fantasizing about an overstock partnership.
The absolute worst thing about this price drop is having to watch people be able to make all these bullshit statements in one post, and have it seem like they might actually be right because BTSX is getting destroyed.
I think it's amazing that our competitors are completely oblivious to the fact that our advantage is clearly the delegate system and the way it allows us to fund development/marketing directly.
Overstock, bitUSD or other stuff is completely irrelevant in the face of a blockchain that is incentivized to pay for its own upgrades. It's like the economic version of the much anticipated AI singularity.
As long as they focus on the individual features (which are currently still pretty great, even compared to NXT and nubits), and not the actual reason for these features (and their future improvements which is the real killer), they are not even really competing with us.