I look at BTC as the greatest thing for our world. We need digital currency. It makes sense. But, we live in a world where we are driven by greed and profit. So with that said....
If someone creates a ALT coin to compete with BTC for first place, I think eventually that ALT coin will get there. Because at the end of the day, if that 'ALT COIN" makes enough money they can continuously push their "ALT COIN to surpass BTC.
I dont see anyone financially backing up BTC.
I see Bcash and their owners making deals.
I see Ripple making deals
I see pretty much everyone else making deals
And pretty soon those deals that these "ALT Coins" are making will eventually climb them into the #1 spot
PLus, people are shorting BTC all day long. It sucks, because im the "buy during the dip" guy.
my opinions only.... im ready for the backlash
Somehow, you're correct with your statement. Perhaps, yes. Bitcoin will really be left out by some other coin. But for now, majority of people only know about Bitcoin as a crypto, but when the time comes people will start to notice all of those other coins.