Have no fear, the law of supply and demand is here.
I read someone predicting that people were going to lose their life savings? I hope individuals are not investing their life savings into alt coins. Not a good idea. The bottom line is "developers" are going to keep cranking our coins until it is no longer profitable to do so. Back in the early 90's the same thing was happening with search engines, it seemed like a new search engine was being cranked out each day. Eventually the market decided which search engines were valuable and the others fell by the waist side.
There is a temptation to blame the exchanges, but ultimately it will be the market that decides which coins succeed, which coins have value, and which ones are worthless.
+1
Micoguy sums it up here pretty simply I think.
and for all the confused people trying to blame Multipools - nope kids wrong again if , those people think the best game in town is BTC then they will use a Multipool - that's not the Mulit-pools fault .
What is wrong with people ?, I have to say this problem where by they can't see the problem .
This is the same symptom of our overall sick society - where by unfortunately the populations , thinking ability seems impeded or damaged .
that's not to say that I'm saying you are all retards , I'm just saying that in these areas , there seems to be problems.