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 920 times)
December 19, 2018, 12:47:15 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, 10:22:09 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, 09:25:00 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, 05:59:08 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, 05:19:23 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, 04:35:09 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, 03:17:08 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, 12:57:56 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, 12:29:32 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, 05:26:40 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, 10:01:00 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, 09:28:04 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, 09:17:27 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, 09:05:11 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, 08:40:02 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, 08:31:18 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, 01:28:24 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, 05:09:08 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, 06:09:47 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.
December 03, 2018, 03:40:44 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?
The more altcoins we see in the crypto space shall not cause any problems for bitcoin if fresh money keeps coming in as those altcoins if they are worth it will definitely attract the buyers interested or the potential users of the service provided by the altcoins.
ETH might face problems as we can see it is facing those huge dumps as the ico's which fails to manage in this bear market abandons the project and dumps the eth raised while in crowdfunding.
December 03, 2018, 02:09:32 AM
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.
November 24, 2018, 02:58:37 AM
So many assumptions and this is a trace of opinion that makes us understand what happened, I think there will be a lot of altcoins that are born but do not reduce bitcoin or ethereum investors, many investors add crypto communities if prices drop bad news possibilities and reduced demand.
November 24, 2018, 01:38:09 AM
I think it is also one of the reason's why the price of Bitcoin and ETH is falling down,
We are dumping our BTC and ETH to buy alt-coin or to pump some alt-coin ,
If you want to support alt-coin I think it is better to buy it with Fiat.
We are dumping our BTC and ETH to buy alt-coin or to pump some alt-coin ,
If you want to support alt-coin I think it is better to buy it with Fiat.
November 23, 2018, 11:21:33 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?
I agree that the huge number of coins in the market affect bitcoin but not for the reasons that you believe, if you take the time to look at the statistics of the market you will see that most of the money is concentrated on the top coins so a new coin that is able to gather a few million dollars from investors is not a threat to those top coins, the problem is that many of those coins are scams and this gives bad reputation to the market. 
November 23, 2018, 03:05:02 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 think you are wrong here, what push the market price up is the demand, if the demand for Crypto assets keep increasing then expect the price to move up, the increase in Altcoins is a plus to BTC, because we can argue that they have push the prices of BTC up from the 2015 to the current period because BTC was around $200-$400 then
November 23, 2018, 02:47:06 AM
I think that this is true, but the total capitalization should not change in this case. and total capitalization falls
November 23, 2018, 01:21:35 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?
Forks affect more than the release of new coins. One fork of Bitcoin crashed the level of Bitcoin and in fact led to the disappearance of Bitcoin cash. So the main decision here is to limit the creation of coins on one platform. November 22, 2018, 07:15:57 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?
I don't know where you get that idea. Bitcoin is bitcoin and investors would love to invest their money on only the coin that is profitable at the moment. And remember that there are altcoins being born, but are you aware of many altcoins also dying and lost to oblivion?
So it doesn't makes any sense at all if you are a investor to invest on shitcoins because sooner or later they will just die and become obsolete.
Yes that’s true, Im not discluding the idea of the numbers of shitcoins being produced among the deserving ones but as time pass by this worthy or not obsolete erc20 tokens and even token exchanges keep growing also, this will surely be a divertion against bitcoin and ethereum’s investors right?
I know there are many competitive erc20 tokens out there that will last just like IOST,IOTA,NEO and many more to mention.
November 14, 2018, 01:45:03 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?
Now it is easiest to make fork ether, so the price for it as the demand drops. I believe that this should be somehow controlled, otherwise everything will just plunge into a variety of forks. There is nothing new in them, nor what can be profitable; these are just temporary pumps. 
November 13, 2018, 09:37:27 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?
I think the opposite is the case really. 99% of these new coins and tokens are paired against bitcoins and ethereum. To buy them, you need one of either bitcoin or eth. The laws of demand and supply dictates that this should drive up the usd value of bitcoin and eth, due to demand against new coins/tokens.
November 13, 2018, 09:16:06 AM
I don't think that's a problem, because every year new funds will continue to come in as the interest of crypto-invested people increases, maybe not this year due to market conditions that crash, maybe 2 years or next year.
more and more projects of course make fierce competition.
This is true that investors refrain from feeling, they are lurking and I think if the market has returned like the end of 2017 it will be very pleasant and it will happen. more and more projects of course make fierce competition.
November 13, 2018, 09:14:13 AM
I agree, but only partially,,, this market is completely flooded with tokens and alts, and people have been just inflating the crypto market value with more money, and the realization that they are mainly worthless has cause Bitcoin to go down in price, but this is also importantly a consequence of Bitcoin itself being overly valued during the 2017 hype. Bitcoin will continue to strengthen as the time passes and people understand finally that utility wins at the end of the day.
November 13, 2018, 09:13:16 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?
Everyone will think thousands of times to invest in a new altcoin, unless he has special knowledge when predicting a potential new project. Unlike when someone looks at bitcoin and ETH they will not think long to start an investment. Bitcoin and ETH have good views when seen by everyone even every new person. I think, the decline in the price of bitcoin or ETH is not caused by what you mentioned and there is not even a relation with what you mentioned. November 13, 2018, 08:58:27 AM
It depends if the investors investing in new altcoins are current Bitcoin and/or ETH holders. If it is the case, Bitcoin and ETH can go down. If they are new investors, they won't go down as it is new money coming into the market. But with the current cryptos market, there is surely not a lot of new investors.
November 13, 2018, 08:08:27 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?
not like that, every investor who invests in Altcoin or ICO only aims to make a profit. if they have got it, they will return to invest in Bitcoin. 
November 13, 2018, 07:46:19 AM
That's what exactly happens. If more altcoins are being produced everyday, people will have more choice to put where they want to invest. Instead of very one coin to invest and support by the community which we can push to make the market cap higher, it is being divided.
That's not really true it may have been the case during the crazy bull run when people invested in all the altcoins .Now people are very specific about what they wanna invest in.
I think you don't understand the point of what OP wants to tell. 
November 13, 2018, 07:36:48 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 honor your opinion, mate. But I think even if there were lots of altcoins and lots erc20 tokens being released every day in the market, it has nothing to do with the price of Bitcoin and/or Ethereum. What I know is that the price of Bitcoin, Ethereum, and other coins (including tokens) are determined by supply and demand in the market where they're being traded.
November 13, 2018, 06:46:08 AM
You have a point and I believe that ETH is the one to blame with these shit coins popping out everyday. The bad news is that those shit coins purposes is to raise an ICO only to scam its investors by either running after collecting the funds or dumping the project after getting listed to the market. Most ICO nowadays are always dumping its price right? ETH should stop supporting those tokens and start supporting an altcoin that really got a potential or real product before using their blockchain. If BTC and ETH or if we only have atleast 500 altcoins existing today, Bitcoin surely is above $50,000 today for sure.
November 13, 2018, 06:18:12 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?
The more the new token being release this will help to increase the popularity of cryptocurrency as those new projects will bring new investors. New investors will first buy Bitcoin before he will invest on those token and if he will withdraw his crypto he will then trade his token to bitcoin before it exit to fiat. This will increase the demand of bitcoin and the money flowing on the cryptocurrency. 
November 13, 2018, 06:13:55 AM
Yes exactly, when more and more altcoin coins being created it's mean we are creating more weak coin, that eventually going to weaken the Bitcoin and all alt coin, the investors will divide their investment and the transaction volume of Bitcoin will be decreasing and with more altcoin then there will be more problem, like the scam rate will increase
November 13, 2018, 05:41:56 AM
The biggest factor that keeps the market from dropping is the growing strength of bitcoin and ethereum, if combined, the bitcoin and ethereum marketcap reaches more than 80%, while more than 2000 altcoins compete for the remaining $ 20 billion marketcap.
November 13, 2018, 05:29:33 AM
That's not really true it may have been the case during the crazy bull run when people invested in all the altcoins .Now people are very specific about what they wanna invest in.
November 13, 2018, 05:12:38 AM
The more the altcoins the more trading pairing option will be made since most of the trading pairs are based on btc and eth. The more trading pairs the more btc or eth demand arises. Most altcoins are unsustainable most of it are for short term pump and dump without any legitimate use cases altcoins could not survive for more than 2000 altcoins only 25 percent or less will surpass the bubbles for the upcoming years. Bitcoin still does not affect it is dominance regardless of how many altcoins will produced each month.
November 13, 2018, 03:40:23 AM
your mistake is that you think the investors are choosing between bitcoin and others so your conclusion is that if the "others" are more then smaller number would choose bitcoin which sounds logical but your initial assumption is wrong which makes the conclusion wrong.
what REALLY happens is that people aren't left with multiple choices. they only have one choice and that is bitcoin. AFTER that they have many choices between many altcoins and they have to decide which altcoin to choose to invest their bitcoin in and make profit on it.
what REALLY happens is that people aren't left with multiple choices. they only have one choice and that is bitcoin. AFTER that they have many choices between many altcoins and they have to decide which altcoin to choose to invest their bitcoin in and make profit on it.
November 13, 2018, 03:26:55 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?
Don't forget too that invest in ICO need ETH too, it means investor will buy ETH first and then get their tokens, it is right if they profit they will sell their ETH, but i don't see it really affects on ETH price. 
November 13, 2018, 02:50:37 AM
I dont think so, if ethereum platform do not have erc20 token i think ethereum will collapse and go back to $50,,bitcoin movement is not depends on altcoin, its been superior all periode.
November 13, 2018, 02:44:53 AM
Probably yes, because mostly people invest in new ICOs with btc and ethereum. But imagine, btc+eth + xrp =80% of market, so this isn't that important movement
November 13, 2018, 01:25:07 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?
And other coins are also very dependent on this, especially with low cost. Therefore, the emergence of new coins should be fixed and the emergence of new investors or an increase in the total investment capital in them. 
November 11, 2018, 07:49:43 AM
I don't think that's a problem, because every year new funds will continue to come in as the interest of crypto-invested people increases, maybe not this year due to market conditions that crash, maybe 2 years or next year.
more and more projects of course make fierce competition.
more and more projects of course make fierce competition.
November 11, 2018, 05:11:42 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 know where you get that idea. Bitcoin is bitcoin and investors would love to invest their money on only the coin that is profitable at the moment. And remember that there are altcoins being born, but are you aware of many altcoins also dying and lost to oblivion?
So it doesn't makes any sense at all if you are a investor to invest on shitcoins because sooner or later they will just die and become obsolete.
November 11, 2018, 04:05:05 AM
It has good and bad side. The good side is all of those. market cap shall still go to bitcoin because thats the main pair for each of those coins and the same goes for ethereum.
Bad side is what youve said. And another one is the market being thrown with bad comments because of the vast scam coins.
Bad side is what youve said. And another one is the market being thrown with bad comments because of the vast scam coins.
November 11, 2018, 02:39:12 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?
In principle, it is, soon the new alts will simply crushed by the mass. After all, each coin or token takes for itself a part of the total market capitalization, but the main thing is that the demand for them is low. After all, any investor knows that it is better to invest in a stable alt than a little-known one with vague prospects. November 11, 2018, 01:22:39 AM
Great idea guys! I forgot, these altcoins are using eths and btc's blockchain too. 
So obviously I conclude that they will not hinder the pricerun of bitcoin.Thanks guys, now I know! 
So obviously I conclude that they will not hinder the pricerun of bitcoin.Thanks guys, now I know! 
November 10, 2018, 06:39:41 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?
Don't forget too that invest in ICO need ETH too, it means investor will buy ETH first and then get their tokens, it is right if they profit they will sell their ETH, but i don't see it really affects on ETH price. 
November 10, 2018, 05:53:07 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?
Do you have point on that posible have an affect for bitcoin and ethereum people investing in altcoins
But for me isn't the main reason why bitcoin and ethereum falling down their in the market as of now
As volatile decentralized currency nobody can tell about the cause of this current situation of bitcoin or cryptocurrency in general
When analysts the sitaution ethereum is always use for every icos project so meaning ethereum is indemand coins so why their price goes dump
All we need to do is wait when is the right time for price increase
November 10, 2018, 05:11:31 PM
You can find BTC and ethereum as main trading pair on the most of the Exchanges. Both ETH and BTC plays separate roles in the cryptospace as BTC acts as a store of value and ETH acts as the blockchain infrastructure platform. Yes I agree with you little bit about ethereum new altcoins in blockchain infrastructure segment can affect the the price of ethereum due to competition as this new altcoins also have same target market. About BITCOIN there is not a single altcoin which affect the price of BTC accept stable coins pegged to US dollars.
November 10, 2018, 05:02:32 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?
Most altcoins never achieve any kind of meaningful market cap that is enough to affect the price of bitcoin or ethereum, but it seems to be correct that the more coins that are released on the market the lesser the bitcoin dominance, we saw this perfectly in the bull run of the previous year with the bitcoin dominance reaching very low levels, but now we are seeing that the dominance is coming back because many of those coins are disappearing or losing investors against bitcoin. November 10, 2018, 02:56:33 PM
Considering the fact that only one in a hundred ICOs are actually worthwhile projects when you filter out the scams, the imitations, the gambles and the unrealistic projects.
ICOs struggle to even raise funds to continue the project these days, I think a real threat to get bitcoin dominance is the already established currencies. Like Ethereum, Ripple, bitcoin Cash and so on.
As traders or investors, variety is always welcome.
ICOs struggle to even raise funds to continue the project these days, I think a real threat to get bitcoin dominance is the already established currencies. Like Ethereum, Ripple, bitcoin Cash and so on.
As traders or investors, variety is always welcome.
November 10, 2018, 01:26:56 PM
I don't think that is what is happening to market. From marketcap you should understand that this your explanation did not add up. December last year the total market cap was above $750,000,000,000. But now it is around $212,000,000,000. I think there is another reason why investors are selling off there investments as the funds are no longer there in the cryptocurrencies market. Investors are coverting to fiat and not another Cryptocoins.
November 10, 2018, 11:26:47 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 think the creation or proliferation of altcoins has any adverse impact on Bitcoin. Thousands of alts have been created since Bitcoin was first invented and the current price speaks for itself. ETH could be the coin affected by these coins especially the scam projects especially as they're launched on the Ethereum Network. Projects they are doing well in the marketplace will have positive impact on the value of ETH and vice versa.
November 10, 2018, 11:00:31 AM
You are thinking about the wrong idea Ethereum will not go down because of the overpopulated ERC20 tokens it will only make ETH stronger well most Altcoins was base on ERC20 that used for smart contracts on the Ethereum blockchain So newly born tokens was base on ETH and how it will function within the Ethereum ecosystem, And BTC is the father of all in that sense ETH is base on Bitcoin, So Altcoin does really stand a chance against the two, The only thing that could go against Bitcoin and Ethereum would be a new coin that has its own blockchain technology.
November 10, 2018, 10:55:57 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 is right thinking, we need to eliminate many shitcoin in this market so that all investors focus on the top altcoin. There are over 2100 altcoin in the market and if in 2019 we only have 500-1000 altcoin then of course the market will quickly go upyes, soon or later i believe shitcoins will be dead in current market situations
and this will reduce the total altcoins in the market
because most of people will invest only in good altcoins
November 10, 2018, 10:34:18 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 is right thinking, we need to eliminate many shitcoin in this market so that all investors focus on the top altcoin. There are over 2100 altcoin in the market and if in 2019 we only have 500-1000 altcoin then of course the market will quickly go up 
November 10, 2018, 10:31:28 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,, a lot of think that make the price of bitcoin and ethereum down,,
but, more crypto borne will bring more people to this community,, and thats will be a free promotions for bitcoin and ethereum,,
but, at this moment there is no good news coming to crypto world,, and as i know a good news is the main fundamental in crypto
so, this will make the price of most of crypto down
November 10, 2018, 10:07:40 AM
The creation of more altcoins will only bring more pollution to an already oversaturated altcoin market, and it won't have an effect on Bitcoin or Ethereum as they both have a big market on their own. If anything, more altcoins will only bring more competition to the altcoin market making investors think twice before investing in the first coin they see. Price wise, it doesn't matter how many altcoins are on the market, bitcoin and eth have something 99% of the altcoins lack which is trust, this is key to an investor looking to pour some capital into a cryptocurrency.
There are more than 2k alts on the market, yet bitcoin and eth still sit at the very top of the charts, this is something that won't change in a very long time.
There are more than 2k alts on the market, yet bitcoin and eth still sit at the very top of the charts, this is something that won't change in a very long time.
November 10, 2018, 08:56:36 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?
No. Do you have an idea how much altcoins have been created and died since Bitcoin born? Thousands. Does it affect Bitcoin price and its development? No either. There have been countless altcoins being created since the day of colored coins, fancy algorithm, PoS, ERC20, etc but Bitcoin still stands, going through all that hype.Those investors might be speculating by buying those coins/tokens but at the end of the day, I'm sure most of them keep their profits and their capital in BTC/ETH. Those altcoins are just speculation tools for them, not for long-term investing.
November 10, 2018, 08:37:35 AM
I don't think that will be the case. Look how many coins are already dead and have very low volume that they will be dead pretty soon. And look at how the new alts are being used most of the time. They have no utility value and they are being used primarily to accumulate more bitcoins. So they may be around for some time, but most of them will fail in the years to come. This may happen all at once in a single bubble market crash, or gradually over time. It doesn't matter how.
November 10, 2018, 08:22:31 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?
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