To say the truth the increase in number of altcoins into the crypto space used to bother me a few months ago. The influx became a cause for concern as on daily basis more are listed on CMC. They were around 730 cryptos on CMC when I joined this forum in Jan 2017 but today that number has doubled. That isn't even the issue. The regulation is the issue. A lot of scams have been executed through this loose regulation and many devs have gone unpunished.
Many people asking why there are a lot of altcoins, and they suggest limits the altcoin making should be done.
3. Altcoins can cause unpredictable fluctuation of prices in the market. Fluctuation of prices result revenue for the traders/investors.
I really don't see how this will happen if the bitcoin doesn't set the pace for price. Remember that whenever Bitcoin goes down, altcoins also dip. So, we always look up at btc for price dictation.
7. Bounty campaign will be continued to progress.
Sadly, this is true and that is why most people are here and also doing shitposting. Hopefully, the Merit system should begin to take care of that.