Op, posted this info almost year ago, but the sad part is that mechanism of altcoin cloning it is very much correct and true even today.
It is possible only because people are full of pure stupidity fueled by greed - and they know perfectly well how most altcoins are created - they don't need the warnings like that.
Everyone is looking for a way to make a quick buck, and investing in cryptocurrency is the hot new thing.
There are people that are becoming millionaires overnight. Mostly its the developers of these new coins, scammers running ICOs that go nowhere, etc.
Unfortunately that money has to come from somewhere, and mostly its new investors that are putting in a couple hundred dollars and losing it.