People see this as a good thing that there are different cryptos popping everyday, as this means "acceptance". What I believe is that it is getting people confused! Moreover, this fuels to bitcoin negative propaganda as any sort of scam carried out by them leads to bashing of bitcoin.People don't really understand the difference. What are your thoughts?
I think it does not affect bitcoin too much. Only the new altcoins appear but it can not occupy too much market share. Conversely, it can be bankrupt when not competing with other altcoins. Bitcoin is still the No. 1 and every activity of manipulation or adjustment is always present in Bitcoin. dont worry about that.