More altcoins produced the more Bitcoin or even ETH will go down

[KyberJaxx]

Your words are very similar to the truth. Indeed, the volume of investment in Bitcoin could be greater if there were less junk coins

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[BoitCoinZen]

42 I think it happened only in this year to BCH as the market is worst and in this market any coin which will do the fork will lose the value while if the market will be up then any fork will bring more value to the coin as people will want to get the free coins.

[onirecon2018]

The altcoin traded in the pair BTC, only the price of BTC affect Altcoin prices, but Altcoin can not affect the BTC. About ETH, the altcoin may affect a little to ETH but the price of ETH also depends on many factors and Altcoin can hardly die ETH.

[xenomorphe1]

If more and more coins are produce, it means that more and more funds should enter the crypto market, else their value fall.
If there is no money entering cryptos, coins value are only going to fall. And with the creation of new coins, it means that more money is needed else the money is split between thoses coins.

[andrei56]

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?

That's right the more the worse. Note that when a significant fork appears, there is a constant decline, so it may be necessary to work on the development of existing coins, and not to replace them with insignificant and inefficient forks.

Those tokens are not really making the price of bitcoin to go any lower, the price is going down because people are very afraid the market will keep going down and in a way I understand them, they invested money they were not prepared to lose and now they lost most of it and they want to avoid losing it all, but their decision to sell has cost them the chance to make any money at all in the market.

[eagleman]

It is getting some cash that should go to bitcoin or ethereum but what's the matter about that?The market still goes up and these money will definitely go to bitcoin or ethereum at the end when people start taking profits.

[EastSound]

I dont think so, the big players are still not removing their eyes on btc and eth and as soon as this players starts to move i bet that this new shit coins will eventually eliminated.

[Keyboard PC]

today there are many erc20s that are created and there are so many altcoins created, and in my opinion the altcoins that are created and can be very successful are only a few and others just become garbage because they don't have a selling price.

[yakushev]

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?

You are wrong to change the capitalization of top coins, as it happened, let's say, with the ether that lost second place. But prices as they were and will remain at the expense of demand and development.