In the long run, the shitcoins will be filtered out by market itself and the survivors will be the actual good coins.
This is a reason why low cap coins is a big no go zone for me. Even if I do trade low cap coins it's going to be short term trades that I tried to get out of as soon as pump comes, because I know that they are not going to survive in the long run.
Bitcoin is going to remain king, altcoins are going to evolve to become better, and older alts will be replaced if they don't update as well. So the article is somewhat correct, though BTC should hold its value.