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If these news are true then we should be investing in altcoins. To be honest lately I was focusing only on alts because I find it really impossible for bitcoin to double its value on the short term while some good alts can do more than that!

Yes there is some really good deals, and allot of nice technology. Just as in the internet boom some won't make it, and others will survive. Today is very different in one sense and that is these projects are basically all crowdfunded, and un-regulated. So these projects have a better chance to survive long enough as long as they have a strong community supporting their coin.

Exactly, just as Steem does, this is a very healthy thing!