Altcoins are on the rise I think the legitimacy for the existence of altcoins is growing. A lot of these coins are shit but there are also some who are in my opinion for a lot of use case is better than bitcoin. And of course for different use cases a different coin will be the best. It is funny though how altcoins increase in price and how bitcoin is increases in price. Most of coins have their run up in a week or so and bit coin grows more steadily.