More and more ICO projects are coming based on many major currencies and specially in this year the trend increased rapidly with many reputed organizations that are in various industries and trades decided to start there own digital currency to make there business more effective and efficient in order to gain more profit.
Can these new launching Altcoin's make a negative impact on bitcoin's expansion in the future because we all know in order to increase the demand, usability and accessibility of bitcoin it should be widely use in most business areas but if Altcoin's take these opportunities how it can achieve its vision to become a widely used digital currency
It is possible that a lot of these alt coins being released might be the next big thing that could overthrow bitcoins out of its thrown as king. Many of these alt coins are a threat to bitcoins but it doesn't mean it will eliminate bitcoins for good. Some will still stock up some bitcoins due to its popularity.
i think it will be difficult to overthrow bitcoin. considering that the marketcap has gone too far, so it needs big funds to drop it. we know that all altcoins now have a dependency on btc, like they can't escape