Post
Topic
Board Speculation (Altcoins)
Re: More altcoins produced the more Bitcoin or even ETH will go down
by
Grechkatx
on 23/11/2018, 06:21:35 UTC
In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
Forks affect more than the release of new coins. One fork of Bitcoin crashed the level of Bitcoin and in fact led to the disappearance of Bitcoin cash. So the main decision here is to limit the creation of coins on one platform.