Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?
No thats not how it goes mate, Ethereum was just being Boosted by having 2.0 version meaning the progressive action of developer added this for the goodness of the platform and the network and not for competition or anything in related.
"You're making fun of yourself, it's okay you're a real novice, and you should learn more about it than time and money for things you don't understand."
Well that's why there is a Forum like Bitcointalk.org and there are accounts like us that will help enlightening you.
That's why i asked this question, not everyone can track all technical attributes of all altcoins.
Don't be hard on them Mate, they are just not aware of your understanding so best to use those answers for your own benefits.