Value of coins going down?  Hmmm... well, if I remember my supply/demand economics an increase in supply with constant demand will decrease value/price.

It seems that there are plenty of coins out there, and the amount of mining capacity is increasing daily.  So supply is increasing.  Now, what about the demand?  Is there ANYTHING that actually is increasing demand lately?  Good news to get speculators to drop their money so we can pick it up?  Has someone created a killer app that will utilize any crypto currencies?  What has changed other than perhaps the mood of speculators?

Look - we all have to accept that the effective $/Mh is going to keep dropping month over month unless something happens to actually put all these numbers (cryptocoins) to work.  If anyone here REALLY believes that there is real value in the coins right now (i.e. enough uses to justify the 'average Joe' buying/holding/using them) please explain.  Everything I read is hopeful and or speculative. 

Don't misunderstand - I really do believe there will be a place for this type of technology in the future.  I just don't see it right now.  If/when my mother sees a need to have some crypto currency then I'll know it has gone mainstream.  I can see paths to this future and I like them, but I don't know that it will ever happen; certainly there is a good chance it will happen in a different way than any of us can predict right now.

For now I mine for value.  I like to gamble on keeping a small portion too, but I believe in making hay while the sun is shining and I expect it may be past noon on this fine day.  I also know there will be another day after this one.. hopefully I get my crops planted early.