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?
It's so easy to think that way because the relationship of Bitcoin with altcoins are usually inversely proportional. I say that because it's always so difficult to see that there is a chance for altcoins to do good in the market, especially if many of them are falling down to the point of no return. Even if that is true, we cannot group all the altcoins into one department that are destined to fall off the cliff. I say that because there are still some coins that are priced enough and can hold their ground in terms even in the face of a market that is falling apart. Having said, altcoins are what gives Bitcoin competition that, in turn, helps the market stay afloat.