No.
How they can take over if there's a bunch of it for the people to chose on what's going to be their coin for usage, function and profit? In a market that has wide competition only the best remains if those altcoins has greater functionality will be noticed but it seems that they aren't really have that feature.

What they will get if they will continue to fight back against cryptocurrencies? They'll got nothing but the only advantage is they are assuring to protect the financing system that is existing to them. Protecting banks is a government's duty but if there is something that can be competitive and can be a source of blood(tax profit) for the government, they'll open their doors. There's so much hate on crypto's for few countries but look on how many are accepting and adopting it.

How could this be an advantage of altcoin?

What's good about altcoin is you can buy with the cheapest one and got a stock on your wallet with millions of it. And once it started to rise, you can dump those millions of tokens.

If those coins does have the real usage of the company that will conduct it's own ico then there's still space left for them.

But if these coins are just doing an ICO for the sake of collecting money and as usual taking the money out of the market, they will be done very soon. I have read someone said that these type of ICO's has an end and it's near from this moment.

You can say this and I'll agree on it because we can't really mine and it's not applicable to our local because of high electricity.

But there are some countries that has cheaper electricity so those miners does really pay off for the cost of mining. Reducing the consumption of energy is just a portion of your total profit if you are on the right location.

Oh no please don't. But there's no real price for bitcoin since then but you want to buy to buy if this goes accurate right?

I want to admit that the real price of bitcoin must be $10,000 and more up to the peak of $20,000. But yeah doing yourself a favour @$2,500 would help you buy more.

To those people that are leaving their job, they found great wealth, opportunity and fortune to crypto so that's the reason why they are doing it. They don't want to mess with their boss and don't have to be with their jealous colleagues who don't do good to them. Another reason is they don't want to work 9am-5pm.
As for those people who are selling their property/houses for crypto, they do know how crypto's are working and they bet it that they can buy 2 or more properties once they profit.

So if its a first world country the influence will be great? this has an impact although we may not see it immediately but it actually has.
Sad news it is but it's not the country/government itself but the banks. The financial institutions which are responsible for any financial transactions.
Read the article and this;

The banking service that I'm pointing is that you can ask them to loan. Yes it will ruin the basic principle of crypto itself but we can't also remove the beauty with the banking service if you are in need.

This is what I'm saying, like the loaning service and other forms of investments that they can offer to help their depositors.

Will you share what you have learned with trading? In my experience, I have earned more by holding for months to years but I'm also adding some profits with trading. I can't say that I'm a good trader, I'm just a normal and typical trader that follows the strategy of selling high and buying low.
I don't have big fund that can also be an opportunity to earn more with trading so I'm leaning on with holding but I also love to trade.
We'll hear experience from the best traders that they'll say it gives them more while some legendary holders will also say the same thing.

You are not the only one that is selling so it's a force that comes together, small forces --> big forces which leads you to have impact to the prices. This has been the belief due to those coins are also intact and connected to bitcoin so if bitcoin goes down, other alt coins are simply following regardless you are holding ETH only. It's hard to understand but soon you will.

Good thing that bitcoin didn't fall to 7k zone as we can see it's trying to recover the losses it got from this event. I'm not only hoping that bitcoin will grou back to $9,000 but I'm expecting more it.
It's all over the year, FUDs, bad news, expect it to come. Not everybody likes bitcoin and is an enthusiast of it. But wait until the consensus conference, I think we might get some good news about it. I thought after the G20 summit we'll finally recover but it isn't enough.

Right. It's due to this.
S. Korea’s Largest Crypto Exchange Upbit Investigated By Police, Markets React
I haven't heard anything related to this You should relax if the crypto market isn't doing well.

For this type of question and thread, you can go ask in Beginners & Help.

You can also read threads there as there's an identical one who's also asking with the same thing.

Not all newbies are not educated with the crypto market. An investor that will enter to the battle without anything on his shoulder is seriously putting himself into harm. So what if volatility is scaring the newbies? They shall know the risk that they are taking.

You have been with these type of drops before so this is nothing to worry about, right?

It has been told many times that all altcoins are depending to the movement of bitcoin.

If bitcoin goes down, alts will follow and this didn't only happened once. There's a domino effect for the crypto market, think of it what do you need to purchase those altcoins in exchanges? bitcoin right?

Let's say USD or ETH, ETH is depending to bitcoin so the rest of it's kingdom is also falling.

I didn't invest with any ICO and this is the reason why I don't. In your situation, 90% loss isn't a big one, can you give us the exact digit on much you invested to crypterium?

You already lost your hope to this token so why you have to keep on holding it but just for the sake of your losses, try it and hold maybe it can go low to 50% to 10% loss.

There's some action in South Korea.
Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly

Thumbs up.

If someone there is worrying at today's colour, red the encouraging words of everyone here. Don't panic and learn from this moment on how you can see this as positive event.

1. Bitcoin
2. Ethereum
I haven't seen an ICO that allows you to invest through BCH. Most ICO's now are into Ethereum this is why the price of it has pumped lately.

A real crypto bank is missing or it doesn't really matter as our wallets is the one that serves our bank accounts.

My idea is that a bank or an establishment that totally focuses with banking service but the currency will be in cryptocurrencies, mainly with bitcoin and few altcoins.