You can buy pretty much any sh*t coin as long as you can find a bigger idiot than yourself who is stupid enough to buy it from you for a higher price. That's all there is to it. So you just need to ask you: are they people more stupid than you who would buy this crap at 10 times the price.
Haha, this is so true. I honestly believe most of these coins will go down eventually. In the mean time, happy to see all the new idiots entering the market.
It won't last. Alts and btc rising fast and average joe and the media are all over it. Everything has risen x10 in one year. If that isn't alarming, I don't know what is. If btc crashes, alts will go down even faster and it won't take more than 30 minutes. Get your stop loss orders (to fiat) ready, gentlemen.
Nevertheless I will still hold my golden eggs, no matter what happens.