Thanks for sharing your thoughts about the matter. I'm fairly new to cryptocurrencies and I really have the idea it is exploding.. in everyone's face by now. The amount of coins is growing by the day claiming to be the next great thing that will 'DISRUPT' whatever market it is for.. yes yes.. great! i dont believe it. Not so fast!
The 'normal' people who don't follow tech news so much have heared about the great stories about bitcoins and such but most of them(me included) has never even been able to pruchase anything with a bitcoin. It isn't in shops, barely anything online and right now all these currencies are acting as a 'goldrush' for people to make a quick buck.. its not investing at this point, its gambling.
The value of these coins are so unstable they arent suitable to be a mainstream payment method, because at the current rate if i was to buy a bread with a bitcoin 1sec it costs the equivalent of $3 dollar the next $4,6 and then back to $1 .. :/
So I think the hype right now will lift the markets back to where they where a few weeks ago.. but I'm not as confident as others that all these coins will grow up to be worth thousands.. that ship has sailed i think :// i hope im wrong!