Other Alternative cryptocurrencies are being launched day in day out. Would these Altcoins be widely accepted as Bitcoins?
The community embracing bitcoin together with altcoins. But asking if there is any altcoins would be equal to bitcoin? definitely nothing. The reason is that, the community figured it out that bitcoin is much better that any altcoins for investment. And in terms of returns, bitcoin is absolutely very far from them.
Bitcoin is the mother of all cryptocurrency which means that nobody can replace it. Many altcoins are emerging and growing stronger but still they will depend in bitcoin. Many speculations that sooner or later bitcoin will be replaced by altcoin but I think that's not going to happen.