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?
I think the introduction of Altcoin helps to diversify the market. It gives people the chance to have alternatives.
Because many Altcoins were developed to serve an extra function or a flaw with Bitcoin.
Moreover the Ethereum blockchain has made it possible for many Altcoins or projects to evolve and strengthen the community.