Since the advent of bitcoin in 2009 led to cryptocurenccy experts competing to make another new coin like bitcoin, this is ALTCoin, where ALTCoin moves at the rate of bitcoin, most people use ALTCoin as the fastest way to collect bitcoin , because the rate or rate is often very promising against bitcoin, began the emergence of many ALTCoin make some coin is just a boom but also many investors and the various types.
What is the effect of increasing the amount of altcoin on bitcoin?
Honestly, they put the cryptocurrency in a bad reputation, what I mean are the scam coins, so people many loss their investment to these scam ICO but with legit altcoin, they give bitcoin a good support in the market, but with so many coins in the market it becomes confusing to newbies.