I really think that the creation of new E currency is a threat to bitcoin.
Like for example. Some investors may move their investments to other currency made.
If bitcoin for example has 100 investors in all, then several currency is made with the same value as bitcoin. (we say 3 currency)
then the 100 investors may move to other 3 currency to find more specific or easier way to earn money or inflate their investments.
Do you think these probability will occur?
I do not think this is a threat to bitcoin, even if there are other crypto currencies, I think it will still be in bitcoin. because bitcoin is the first trusted crypto currency that is still the highest value of other coins. Although other coins also have great potential to be invested, but I am sure if investors still will not leave bitcoin. they will still invest in bitcoin and invest some of it on other coins.