Yes, and the majority of coin developers have prayed upon this and the success of bitcoin to make more bitcoin. Sometimes I think some people have become such shills they've actually started to believe their own rhetoric. Well of course your coin is going to be the next big thing. You're holding it.

Perhaps if more people were collectively focussed on creating a better cryptocurrency than primarily trying to line their own pockets, we'd be in a very different position, but when it comes to wealth, greeds always wins out.

Which is not to say that good things cannot be born of greed. Flowers grow in manure, after all.