That was a joke, well, a half-joke.
I think it is going on - I think a lot (but not all) of altcoins are being produced by a ring for the purpose of hoarding bitcoins.
And that method doesn't result in buy orders, not from them.
Eventually when more people catch on, the game will be up and we will see them start selling bitcoins for cash as they move on to their next scam.
And bitcoin will drop in value.
Whoa man, I thought for a second you're really pulling this off. Man, that'd be not very nice. But have you been to the Altcoin section? That's some pretty messed up stuff there! Hundreds of altcoins. And each and every one of them seems to have their proponents who care for it!