I have never seen anything like it. Something big is going to happen.
Not sure if good or bad but ETH going to rock the cryptoworld one way or another.
It will shatter the dreams of the investors. Haha
Like most alts over the last 6 months
+1 to that 1000's of coins to date, altcoins are coming out of the woodwork & not in a good way either!
Would be nice to see all these Dev's work together on just a few coins, not launch several new coins a day just to dump & profit.
Again, my theory is that there are not much devs. Most coins are bought from the few people that copy paste those coins and make small changes.
Other coins have devs but they drop those coins every 4 weeks to move to other coins. Rinse and repeat.
There are good devs, but they mostly don't care for money, so they don't offer investment opportunities.
Also there are greedy businessmen like Ethereum and Maidsafe that were backed by VC/ SiliconValley and need to raise money for those guys.
Would really like to see all this copy & pasting coins get blocked some how, there should be some kind of rule as to who can launch coins. Rules are just broken anyway, but would be nice to have some kind of order in the 100's of coins a month. Is it ever going to stop, maybe we will just have a never ending launch of coins & by the end of 2015 = 100,000+ coins or more? It's nice to have a new coin from time to time, but the way it's going now, something big has to happen!
Take a look at CoinShield, trying to put an end to garbage/scam coins.
https://bitcointalksearch.org/topic/nexus-pure-sha3-cpugpu-npos-15-active-innovations-more-to-come-657601