What are your thoughts?
The alt-coin bubble is popping but it is what will emerge from the survivors should be some decent small cap coins with a possibility of a future
The rest end up cryto-trashed.
As for Bitcoin itself in five years
The ethereum project a concept right now and the Mastercoin project should be well underway so levels on top of the current bitcoin network will probably enhance and diversify it away from other crytpos.
That said their may be a differentation model and first gen alt coins like the ones presently will be super seeded by a handful of second gen coins with enhanced features like the ones mentioned above
Five years ago bitcoin was just an idea and not the revolution in finance it is today five more years and this period we are looking at now could be the 1990s internet innovative in its own right but something that can be built upon and improved to look like todays internet in comparison
So the future is still bright the stage may be set with a few more contenders small scale that will compete for number 2 or 3