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?
So what you're saying is that someone may create another crypto that takes away from bitcoin? That's entirely possible but that competition is what will always push bitcoin and the others to be better. Without competition we would remain static and that would be worse for us as investors.