What the hell is with all the crypto currency popping up anyway? Litecoin, devcoin, newbcoin, papasmurfcoin. Like where does it stop? Do I just invent my own crypto coin to make my next house payment in 20 years? Yeah uh today it's going to be chips-a-hoy coin. Yup.
It does seem to be a bit ridiculous at the moment, some are dead on arrival
(mousecoin). They can be used for short term gain if you're careful. Anyway
it's easy to just avoid all the knock-offs and stick with coins you find to be
reputable, just like any other product.