Well, seems to me there are thousands of alts out there, and the "elephant in the room" is that most of them are perfectly useless. I still think any kind of an alt rally is going to be on a project-by-project basis, just like the tech stock market recovery in the early '00's left a lot of dead "dot-com" projects on the ground.
But those with viable and functionally implementable "real world" use cases will probably come out OK.
=^..^=
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Absolutely. I think so too. The people that pick out the winners are going to really reap the rewards though.
The crypto space will make the Dot Com disaster look like a walk in the park. There's is most definitely going to be a lot of money lost and a lot of money made.
Somewhere in that huge pile of shitcoins are our next Googles, Amazons, Facebooks, etc. At the end of the day it won't just be Bitcoin standing. People always want alternatives and different technology. Not to mention different use cases like HIVE for social media blockchain blogging, Waves, ETH, ARK, STRAT and others for dex capabilities / smart contracts, and other coins that are more fitted towards remittances / settlements and that sort of thing.
There will be a lot of failures but their will be several that rise to the top.