I think the same.
Altcoin to me is just a way to multiply my bitcoins, sometimes all my bitcoins are invested in a few altcoins but in the end i sell all of them for more bitcoins.
Agreed, we are in the same page pal, the things you do is also a thing what I'm doing right now, because I can't afford to buy bitcoin directly, so through altcoin I can earn bitcoin quickly by joining in the potential ico in the signature campaign. So I don't think its competing anyone.