It is just another worthless coin in the making. I doubt anyone will be brave enough to put money into altcoin again.
Altcoins come and go, but there always seem to be investors in altcoins.
because there are always people who feel butthurt for missing the boat and want to compensate

I tell you altcoins are the HYIPs (ponzis) of this decade. Getting rich ain't simple I tell you h'wat. There are traps everywhere. Back then when I was 16 years old I invested into FastMarket and SolidInvestment HYIPs all my pocket money. I used e-gold as a transfer of value. Of course they were scams

but I was too inexperienced to know. I think the question is whether failing makes you stop messing around with something forever or not. My friend told me once that he invested money into IsraCoin and he was excited about it. I never asked how much he invested and he hasn't talked to me ever since. No pain no gain, good old truth

A couple of years ago local newspapers warned about
http://emgoldex.com/I was sure it is a classic scam but now that I see the website is still online it makes me wonder whether they really are legit.