FrancisNobleman said:
I'm late for the bitcoin race, litecoin is gonna be big boys game in 6 months. All the other minor currencies are still minable with humble household hardware. And one interesting bit: I don't pay for electricity. |
It's a massive, massive bubble. Especially anything that's not bitcoin, although bitcoin is certainly subject to this.
No one is buying stuff with litecoin or nxt. Things with no grounding don't stay valuable for long.
Yes, they're still "minable". In other words, their entire appeal is that the ordinary person can get rich quick. Once that is gone it will crash. If you're late to bitcoin, you're late to ANY kind of gain. What kind of historical moneymaking scheme still made money for participants after the whole world knew about it and the barrier to entry was as low as a recent AMD PC?
I think you won't make back even $50 of value in total.







