Long-run, there's probably room for 3 or 4 alts to have meaningful value; and unless someone comes up with a breakthrough similar in scale to bitcoin's breakthrough (eg, solving the decades old computer-science problem of distributed global consensus), all of them will likely have value < 1/10 of bitcoin's value.
So with something like ~400 alts out there now, and only a couple remaining long-run, yeah, it seems pretty obviously that money is going to leave the current crop of alts on average. But ~10% of bitcoin's market cap will probably slosh around in a sea of come-and-go alt coins for a while (years). Eventually some interesting features will emerge, some of which bitcoin will incorporate. Others that bitcoin can't or won't incorporate have the potential to develop into coins that can serve a niche and last more than a year or two.
But the clone/tweak coins are looking deader than ever. It was always obvious that they had no business attaining non-trivial value. Seems like other people are finally figuring that out (likely due to the new batch of "2.0" coins, plus the anon coins, plus the now-empirical fact that nothing is asic-proof).
Topic: Bitcoin will rise and everything else will die? - page 2. (Read 1973 times)
Every time there is a Bitcoin boom inflating, the altcoins deflate like the ocean sucking in before a tsunami. This is all of the liquidity moving to the next big thing. After the next boom becomes a bust in BTC, people will diversify into the strongest alts. Look back at the charts and this is a similar pattern every cycle, the scale is simply growing.
There are certainly alts that will survive, granted they have features enough for us to bother with them. But, then again, given enough funding, the bitcoin core dev team can easily integrate the said features into the protocol.
I remember the "alts are dead" period during the last bubble. Then, what happened? Yeah, things are different now, but I wouldn't assume death at this point. Remember LTC at .0075? 
Don't know about LTC specifically, but it is pretty common sense how most alts are pump & dump at this point. Have you actually seen any promising features of recent alts? Of course, some of them are probably staying alongside Bitcoin. I don't think LTC itself will be much of a problem.
The recent time, bitcoin was regained some of its former value while nearly all other altcoins have been dumped. Will it progress this way and eventually take out all altcoins? LTC is dumping and can probably go down to the level of nmc and ppc. Have most people figured out that altcoins are mostly pump and dump?
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