I think they are in a lot of ways. However once a coin reaches over a certain market cap there is room for real growth. It usually means its a good idea with people working towards development.
As long as you can't spend the coin anywhere what are you expecting to happen? This certain market cap is on a longterm also just temporarily.
what I wonder is that there are thousands of coins and ICOs or what it's called but until now nobody cared to look for easy ways to spend these "cryptocurrencies". And people still buy them in attention of what exactly? Can one really buy a coin like "piggy coin" and then believe "oh, in 5 years everyone is using piggy coin and i've made the deal of my life?"
By the way we were suppose to be getting away from centralization and companies and the traditional financial system like the stock marketAnd.. And..
I expect a whole hell of a lot better than trying to be like the stock market.
The stock market is a scammy joke itself also.
Heard of Martha Stewart or Bernie Madoff?
Madoffs ponzi worked at least 40 years if i remember right. I don't expect that stupidity to take 4 years from now... instead i'm seeing it like the occupy wall street movement in '11... a bunch of people without any knowlegde what they are actualy doing but hoping for some miracoulus revolution... it's kind of sad... imagine what the manpower which was needed to create this bloated shit could have done for a better acceptance of btc, eth or whatever you can call a serious token... but now I fear that the financial system just waits a little more and then adopt the most sophisticated ideas for free and us them for control instead of freedom... i mean imagine something like a Ripple or anything the industry agree with becomes something like a "world standard money" - which would actually hold the worth because of the industry support - the financial systeme certainly will find ways to avoid taxes even more...
I hope I'm wrong... but it wouldnt surprise me...