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?
This is the problem about having many cryptocurrencies in the market. They think they are in competition with each other. Personally I think it is a good thing that some incompetent and failing ICOs get kicked out of the market. This makes the industry not too saturated and gives way for better ICOs to come and showcase their coins. Furthermore, altcoins are becoming big right now. Though it's a gradual process, it still a good sign of altcoins having a face in this industry.
It's not that much of a bad thing in that point of view. Bitcoin was designed and published before all the other coins were built so if they have a high price then the price of Bitcoin will increase.