In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?
I don't agree with it, bitcoin rise this high because of altcoins, so if altcoins will die, people may invest in bitcoin but will not be as aggressive as before.
The market is big, people are looking to diversify their investment and I don't see any reason why altcoins should be eliminated when they offer great idea and they are building it for us to use in the future.
Are you seriously saying that you do not see a reason to see most of the altcoins in the market eliminated? There are a few good altcoins out there and we all know them but why do we need thousands of coins, most of them are either scams or a fork of another coin that no one really cares about, it is time to recognize the truth the experiment of altcoins has been for the most part unsuccessful, even if there are a few coins with interesting ideas most of those could be implemented in bitcoin in the future leaving all of those coins with no utility.