I know this is not a great comparison but this is my honest thoughts and belief in bitcoin.
I actually think what you said in your opening post is a great comparison and I totally agree with you. We have a lot of alts with no real product, and they will eventually burst. Some might have a product, but are still overpriced so they will lose a lot of value. Bitcoin on the other hand, and some other coins like ether, or maybe even others that may still arise in the future will have a role to play in our economy, and will be the true blockchain projects for the future.