I think the immediate reaction from people invested into Bitcoin would be negative, when they hear that some new Alt coin or "Blockchain" based technology was launched. You immediately think that money will flow away from Bitcoin to these Alt coins and Bitcoin will lose investors.
Could a new coin attract new investors to the whole Crypto currency scene, that would not have invested, if it was not for this coin?
Let's say for instance "Mc Donald's" launch a new Alt coin, called "McCoin" and Billions of people starts to buy and sell these coins. What would the natural spinoff of this be? I think "increased awareness" of Crypto Currencies. A percentage of these people might start to trade other Alt coins or Bitcoin as a result of this.
Do you think this is Good or Bad for Bitcoin, when this happens?
When the new altcoin is released ,new investors had a interest to inverse in that coin.If you brought a potential coin at low price, you will get huge profit from it. But I think,new altcoin will not reduce the value of bitcoin. Bitcoin is always the King of cryptocurrency. I had analysis, whenever the price of bitcoin raised. Same had inflect on all the altcoin.