I think there is room for "alts" if they can do something better than bitcoin can, or if they can do something that bitcoin can't.
The obvious thing is low transaction fees for smaller payments. Bitcoin seems to be giving up that segment at the moment, though it's possible it could reclaim it in the future. Now's the time that an "alt" could gain traction here.
The most exciting new thing, though, and something that bitcoin doesn't really do at all, is smart contracts.
I think Ethereum is the start of this, and those that build on it and expand the contract functionality have a lot of potential.
I agree. Altcoins represent their own unique qualities but they are still not closed to bitcoin. From their name they are just an alternative.
I agree , bitcoin will always be the pioneer of all coins , it has the most numerous number of participants and the most investment value, bitcoin is the father of all alternative coins, i think alt coins are depending on bitcoins , it cannot change bitcoin , bitcoin has a stronger market value. and been strongest among all alt coins.
Surely, bitcoin is here to stay, it was the progenitor. But it's not so regulatable. Thus is the draw of ETH and XRP, they are mutable enough to control on a state/corporate level. XRP can even be reversed; takes the whole blockchain experience away IMO.
Bitcoin will always be ahead in other Alt coins, Alt coins were followed of bitcoin, bitcoin will always be best in features and services . Especially in value and amount of fees bitcoin is in lead.