In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
You are wrong to change the capitalization of top coins, as it happened, let's say, with the ether that lost second place. But prices as they were and will remain at the expense of demand and development. 
Topic: More altcoins produced the more Bitcoin or even ETH will go down (Read 878 times)
December 19, 2018, 01:47:15 AM
today there are many erc20s that are created and there are so many altcoins created, and in my opinion the altcoins that are created and can be very successful are only a few and others just become garbage because they don't have a selling price.
December 18, 2018, 11:22:09 PM
I dont think so, the big players are still not removing their eyes on btc and eth and as soon as this players starts to move i bet that this new shit coins will eventually eliminated.
December 18, 2018, 10:25:00 PM
It is getting some cash that should go to bitcoin or ethereum but what's the matter about that?
The market still goes up and these money will definitely go to bitcoin or ethereum at the end when people start taking profits.
The market still goes up and these money will definitely go to bitcoin or ethereum at the end when people start taking profits.
December 18, 2018, 06:59:08 PM
In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
That's right the more the worse. Note that when a significant fork appears, there is a constant decline, so it may be necessary to work on the development of existing coins, and not to replace them with insignificant and inefficient forks.
December 07, 2018, 06:19:23 AM
If more and more coins are produce, it means that more and more funds should enter the crypto market, else their value fall.
If there is no money entering cryptos, coins value are only going to fall. And with the creation of new coins, it means that more money is needed else the money is split between thoses coins.
If there is no money entering cryptos, coins value are only going to fall. And with the creation of new coins, it means that more money is needed else the money is split between thoses coins.
December 07, 2018, 05:35:09 AM
The altcoin traded in the pair BTC, only the price of BTC affect Altcoin prices, but Altcoin can not affect the BTC. About ETH, the altcoin may affect a little to ETH but the price of ETH also depends on many factors and Altcoin can hardly die ETH.
December 07, 2018, 04:17:08 AM
42 I think it happened only in this year to BCH as the market is worst and in this market any coin which will do the fork will lose the value while if the market will be up then any fork will bring more value to the coin as people will want to get the free coins.
December 06, 2018, 01:57:56 AM
Your words are very similar to the truth. Indeed, the volume of investment in Bitcoin could be greater if there were less junk coins
December 06, 2018, 01:29:32 AM
In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
What makes you think that bitcoin will go down if there is more altcoins being released? As far as i know it all depends on the supply and demand of the market and not with the other entities. We do notice that most altcoins are just following the lead of bitcoin, if bitcoin rise most of the altcoins are rising too, that is how altcoins behaving. December 05, 2018, 06:26:40 PM
In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
What makes you think that bitcoin will go down if there is more altcoins being released? As far as i know it all depends on the supply and demand of the market and not with the other entities. We do notice that most altcoins are just following the lead of bitcoin, if bitcoin rise most of the altcoins are rising too, that is how altcoins behaving. December 05, 2018, 11:01:00 AM
I disagree with this line of thought. Bitcoin has it's value based on it's utility, acceptance and popularity. These attributes could be gotten by any coin that has a unique idea and needed. If people could see how useful and valuable any coin is, such coin will take it's value from usefulness!
December 05, 2018, 10:28:04 AM
IMHO main problem for BTC is a huge quantity of forks that use BTC name. This must be stopped. For newcomers, there is a lot of BTCs and that may embarrass them. For the ETH main problem its unlimited supply. More and more ETH adding to the market every minute.
December 05, 2018, 10:17:27 AM
In my own opinion, the more Altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins. What do you think?
You should by now notice the relationship that exist between Bitcoin and Altcoins, it is a see-saw effect, the money first flow through BTC and later filter into ALtcoins, some Altcoins may pump hard but do not means they would retain this gains, for me value will come into a project if the project is a good project no matter the numbers of competing projects 
December 05, 2018, 10:05:11 AM
if indeed the altcoin uses an smartcontract ERC20, I think that will make ethereum better. although in fact at this time ethereum falls and continues to fall
that's right, there are a lot of altcoins that use erc-20 and that shows the impact of decreasing eth so they will also go down. even now ethereum is already at a very cheap price, will ethereum fall even further? December 05, 2018, 09:40:02 AM
with the security and the most of the altcoin are build based on ETH, its unlikely go down in near future. unless there is another new blockchain to replace them.
December 05, 2018, 09:31:18 AM
if indeed the altcoin uses an smartcontract ERC20, I think that will make ethereum better. although in fact at this time ethereum falls and continues to fall
December 05, 2018, 02:28:24 AM
In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
That's right the more the worse. Note that when a significant fork appears, there is a constant decline, so it may be necessary to work on the development of existing coins, and not to replace them with insignificant and inefficient forks. December 04, 2018, 06:09:08 PM
i think new coins make increase marketcap. and it is better for ethereum and bitcoin becasue of you must buy eth or btc for change this new coin.
New coins do not increase the market cap in the market of cryptocurrencies, because most of the money that goes to those coins was already invested in the market, if anything those coins distract investors from putting their money into worthwhile coins that could actually deliver a working project, this is why I have taken the decision to not invest in icos for the foreseeable future. December 03, 2018, 07:09:47 AM
In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
I don't agree with you. New coins or even big alts, can not compete with BTC at the moment. And the total marketcap which is approx. 150 billion USD dollars is very very small amount which leaves a lot of place for the growth of all strong coins and tokens at the same time.
Jump to: