I know, how come we aren't all millionaires yet buying trips on Virgin Galactic?? ;-)
The get rich quick model is over now with alt-coins. Maybe last September or October, but not March.
People are actually getting educated and studying these coins before putting their BTC in. This really wasn't happening two months ago. It was a complete free for all pump and dump and run to the next coin. That model worked for 20 or 30 alt coins. Now that everyone and their pet corgi has a coin, people actually need to study up and become and educated investor.
If you want to make a quick dime, get on the twitter feed of the known pump and dumpers and hold on. NEM, NXT, Ethereum and a few others, with a solid mission behind it, aren't going away. The public is still not even buying into Bitcoin. Imagine what will happen when big business capital starts flooding into Bitcoin. A high tide raises all ships, this will be no different for all of the alt coins. Bitcoin will slowly start to climb back to $1k by the end of this year. Along with it, the alt coins with true purpose and differentiation will rise as well.
We only have one shot to launch NEM, let's follow Ethereum's lead and build massive expectation for an amazing product/platform, then deliver the game changer. They won't know what hit them when NEM is mentioned right alongside the high flyers.
This is exactly what we are doing. We are innovating to create a coin and an economic movement that will be compelling and will continue to grow in the years to come.
NEM is my last hope for altcoins. I am having very mixed feeling about alt/country coins, We all know its pump and dump and yet some poor idiots still buys. My friend wanted to buy spain coin when he saw the price was $2.30-.40 in coinmarketcap. I asked him not to invest in this obvious bubble, sure enough look at the price now Sad.
I can simply mine these worthless coins and sell at a profit due to the hype, but now this whole game makes me feel dirty. How many of us in real life cheat people out of their money, cus this is what we are basically doing from behind a computer screen.
I am deciding to no longer trade hype in hopes of finding the bigger fool. Just going to mine the coins i truly believe in. Call me sanctimonious or a hypocrite but I don't feel good about what I am doing right now.