WHAT IS WRONG WITH YOU PEOPLE? With so many junk copy coins being released to the market for a profit, it is not only giving this industry a bad reputation but also diluting and destroying the value of all coins. There is already enough bad press as it is. We need coins with character and a community of honorable people in order for crypto currencies to have a chance of survival. These devs have gotten so lazy that they premine them all now. Dont destroy what you love.
You do realize this is just the beginning, right? It's about to get much much worse.
Lots of people are doing their part to fuck the whole thing up. I guess the market will decide if crypto keeps getting an influx of money or not.
It's been like this for years, it'll just continue to get worse. While there's a bit of innovation (Nxt, Mastercoin, Etherium etc..), most of it continues to be an embarrassment. Setting an IPO for copy/paste tech is just one example.