I hope you're wrong about this.  Not that I hope that all the bullshit circus of altcoin is the same as now, but I'm hoping that bitcoin has become a normal thing for people to use in many facets of financial life and if that happens then for sure there are going to be other cryptocurrencies that are going to begin trying to compete with it seriously.  At the moment I see altcoins as a distraction, but once bitcoin is really used by many then alternative cryptos are going to become the all important competition to bitcoin which will keep things innovating and moving in the right direction.  We don't want monopolies in the long run as these lead to stagnation.