Thank you! You are taking a stand for all of us (literally all of us)

It is hard to say that Altcoins will be a waste of time.  I find that many of the have unique features that make them unique and interesting.  If you think about the development of almost all other concepts on the web they become long tail.  I am not sure that this will not be the case with Alt coins as well.  Take Mastercoin for example, it has a feature specifically designed to allow anyone to publish a coin and value it to a Bitcoin.  Altcoin may very well be the long tail future of Ecoins.  http://ecoinclub.com/pick-altcoins/

Chinese banks can’t deal in ecoins

According to a statement on the central bank’s website, banks can not give pricing in Bitcoin, buy, sell or insure Bitcoin. The immediate reaction from the market is panic. News out of China was not nearly as bad as it seems. Most banks around the world can’t deal in ecoins.  The Central Bank also said that individuals in China are free to buy, sell and hold ecoins as long as they take on the risk themselves. This is great news for ecoins?  http://ecoinclub.com/real-story-china/