On the other hand, Peter did not really have any enthusiastic feel about the other virtual assets and altcoins which could be discouraging for altcoin followers which have put their hopes for most part of the year on them.
I disagree with this statement.
Altcoin is created by the development of blockchain technology from bitcoin, this technology is adapted and implemented by companies and developers in all aspects of human life. I think altcoin complements the presence of bitcoin, without altcoin there can be no ICO. with absence of ICO will later effect to demand of bitcoin, because bitcoin is used to buy Altcoin on an ICO.