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 think this is not a threat to bitcoin but also promotes bitcoin development. The value of the incremental bitcoin pulling the value of other currencies also increased. bitcoin affects more coins. Bitcoin is also the longest virtual currency