A lot of similar threads appear recently and I think these need to be pointed out for the newbies:
- Buying bitcoin (or any other altcoins) in the hope of future fiat profit is not investing....it's only speculation.
- Cloud Mining is a ripoff generally, don't waste your time/money
- 99.9% (basically all of them except LTC at this point) of the altcoins are useless and only pump and dump schemes (beware of losing your money)
- do not trust strangers on internet forums when it comes to "speculation" on high risk "assets"
Do you think this of NMC and PPC also?
As for PPC it represents changes which are not very appealing for me at this point.
NMC is a nice concept, but I don't plan on speculating on it. (I might have some which I got for free a while back)
If there will be a useful improvement, I'm sure that it will be implemented in the bitcoin protocol sooner or later. I consider altcoins as a good way of properly testing features/concepts though.