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
I don't think so mate, in fact, some altcoins or majority of them I think in my perception bitcoin is there reference in some other ways. It shows only that the system of bitcoin has a big impact into business industry, especially in the blockchain technology. Though, we all know that Bitcoin is the Father or mother of crypto currency, so meaning none of the crypto's don't have a capacity in our time to surpass it.