I began to think that altcoin important role to play. altcoin may play a role in the development of bitcoin prices. probably about 40%, altcoin make bitcoin prices to be increased. for all users altcoin, role in bitcoin prices
specially those altcoins which done very successful ICO's. they will surely attract lots of people and effect the bitcfoin price a lot.
I think things are already working on their ways.
I do agree that altcoin have important role on attracting people to cryptocurrency but it do bad and at the same time good in Bitcoin economy. Good because they attract people, bad because most of this ICO are scam so it gives bad reputation[1] to cryptocurrency industry including Bitcoin. Worst is that these altcoin often declare they are better than bitcoin[2] and at the end scam these unsuspecting people. Result they also think Bitcoin is also a scam project lol.
[1] How bad could the reputation of bitcoin be? It's already ruined since from the start. It would be wrong if we pretend as if all those illegal activities aren't happening. But at the same time, it's happening on fiat currency. Nothing to be ashamed of, honestly. All currencies are being used in shady activities.
[2] To some degrees, altcoins are actually better than bitcoins. Transaction time, Price, Date of Launch. Although those doesn't matter, it's still an advantage of altcoins. Transaction time has always been a problem of the majority, and we have SegWit on the way to solve that. Unfortunately, we're still not so sure about it. Using an altcoin can resolve our issues with bitcoin transaction time.
Price of altcoin is more volatile and cheaper. Thus, we can trade it and make bitcoins from it. The date of launch of altcoins are later than bitcoins. You have more chance of having your money increase if you invest in an altcoin than in bitcoins. (But we also have good times with bitcoin when the price increases like crazy. We rarely see that on altcoins nowadays.)