You spelled coin (cloin) wrong in the topic title. Just saying. I think their new coin has merits that make it worth while. I don't think it will take down BTC though.
Sorry about the spelling. MY fingers don't seem to go where I want them to. I agree with you. From reading their whitepaper and other post it sounds very good but this could just end up being like every other coin out there; hardly any value and just simply gets traded for bitcoins.
Edit your 1st post and you can change the op title as well. For the most part most coins get traded for bitcoins. Regarding op I think for the next few years no other coin will seriously challenge BTC as the prime coin but a lot will co exist with it.