We probably have multiple alts that one could consider as better version of bitcoin but as you're noticing, bitcoin is gaining more popularity and a fast growth. The price is not a measure of a coin success so what I'm referring to here is the the number of ATMs, exchanges, stores, services, and people accepting it.
So even If we have some people using alts currently because they believe they are better then bitcoin (which may be true), bitcoin is evolving and the development is super active and exciting times are coming. I honestly believe that this make alts useless (say, by the end of the year), your thoughts?
I think differently, I think altcoin will make Bitcoin useless in the future. Today, a number of altcoin was born, gaining a large market share in the digital currency market. The investors they are gradually turning over to holding other altcoins are not Bitcoin. I think future BTC prices will continue to fall. Because BTC is very competitive compared to other altcoin.
If we compare the indicator of market capitalization, the ethereum capitalization is only half that of bitcoin. I think this is a good indicator. I think in the future altcoins will gradually catch up bitcoin in terms of market capitalization because ethereum and other coins offer more advanced technologies than bitcoin.