zeddie
Space Marshal
There are many coins who will end up disappearing, because their underlying objective is just to make a few quick bucks while trying to catch the trend. (like that CryCash crap Crytek is trying to do) There are, however, a few that are worth following because they're trying to do something quite impressive if done correctly.
Their inherent value isn't in its coin's trade worth, but its underlying code and what it's trying to accomplish. The BlockChain that surrounds each "coin" is what makes them worth investing in. It's a product in itself. If you think all those "virtual coins" are valueless, then you aren't looking at the correct thing. We can be excited that the value of the specific currency goes up, but it's a bigger news when a new robust feature is implemented in the BlockChain.
It is probably in a bubble right now, and the values will drop, but I don't think they will crash. It's a good thing that it's being reported on mainstream media, so there's more exposure, so more people can actually look into what they really are, and what they're trying to accomplish. Support it for what they are, and not what they're currently worth. With more support, more people using, it'll only expand. The core concept and code is good. We just need more people to be aware of them. The current "bubble" then, is a good thing for the concept of BlockChain. Crypto Currency is only the tip of the iceberg. It's a lot more complicated than just a value associated to a name.
Also, it goes without saying, DO NOT invest your life's saving into any BlockChain. Don't take out a loan to invest into them. I'm only doing this bit by bit with mining using a card that isn't doing anything when I'm not gaming, and I have cheap electricity. Some days it's not bringing me anything (this past weekend >.>) while other days it gives me over $10. It's never a sure thing, but since it's a zero-sum gain for me, I don't really stress over the dead days.
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