Other Alternative cryptocurrencies are being launched day in day out. Would these Altcoins be widely accepted as Bitcoins?
Yes, it can, especially now that the cryptocurrencies become more papular. Bitcoin is not perfect and other altcoins are trying to develop a new functional way that can effectively use in the market compared to bitcoin. Some developer of altcoin is figuring out what is the limit of bitcoin, and that kind of thinking will going produce a new altcoin that can match up with bitcoin and maybe someday that new altcoin will replace bitcoin.