With an ever increasing number of alt coins is there an estimate of how much different alt coins there are? Surely they will not all survive and the most likely ones to survive are the ones which somehow will have enough confidence from people to trade them for goods / services (or money).
There's actually hundreds of alts and everyday it getting more and more and the fact that these alts are just congesting the exchanges. Yeah some will survive and some will die and just be a shitcoin.
That's why we should be very careful in choosing coins to invest or you'll end up with some shitcoins.