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
Nah, they can't harm bitcoin.
Those altcoins are trying to surf on bitcoin's wave and enthusiasm. It's thw other way around.
Probably most of hem will just be ignored in a few years or months, as bitcoin has better infrastructure and devs.
No way, it is impossible for altcoins to hurt the existence of bitcoin because they are on different levels. the bitcoin is the king of cryptocurrency and why would the too many altcoins become a threat? Too many altcoins might rather affect the value of Ethereum because when there are too many coins in the market there might be ETH price fluctuations due to high altcoins pumps and dumps.