Wow, there are some real pieces of work here in this thread... If you think Bitcoin is the only crypto of the future, you're delusional. Alt coins help distribute the wealth and help more people to get into the world of crypto-currencies. If you are a large holder of bitcoin and think that you deserve to be filthy rich just because you were lucky enough to hear about it early, then you are no different then the scumbags that currently control the money system. I got into BTC when it was a dollar, and I fully support alternate crypto-currencies. I think its very healthy for Bitcoin as a whole because it just brings more interest into the space. BTW, more coins do not negatively affect the price of BTC, in fact it generally helps because in order to enter the crypto-currency market you generally have to buy BTC first! Just like the dollar gets boosted by being priced in USD... This is the free market at its finest, no longer do we have to rely on central authority scumbags and beg for them to throw us a bone. If there is a community of people who require a currency specific to their needs, one will sprout up from the bottom, and nobody can stop them! It will find a value relative to their productivity and it's acceptance, allowing for the smooth transfer of value with no bottlenecks and would be controllers.  "Alt Coins" will continue to survive/spread/innovate whether you like it or not, and are an important part of the revolution that is P2P money...