I've been going back and reading the previous responses, but I haven't pinpointed a probable reason yet for the doom and gloom. Anyone help me out?
Most of the alt coins seem to be falling in value because bitcoin is falling in value. A lot of people seem to be panic selling, but it seems to be quite a good time to me. I'm sure coino will rise in price when bitcoin rises. It's got fast block confirmation times which makes it harder to attack through transaction malleability. Just for that reason alone I think coino will still be here when bitcoin has reached it's floor and started to rise in price again.
Ah that makes a lot of sense, thanks unent. Back to mining coinos, I will probably buy some on the exchange as well.