crypto market cap will drop way below 200 billion.

[iryboy]

We can see a huge pump if a big country legalizes the cryptocurrencies like currently, news is circulating Australia legalize cryptocurrencies with huge taxes, if the news is correct then it can benefit cryptocurrencies on a longer run. Initially, we'll see huge taxes and later they'll start decreasing taxes once more and more countries start legalizing cryptocurrencies trades.

[caisa88]

So what if crypto will drop below 200 billion ?
There have been worse periods for the crypto market, an dit has always managed to recover. Anyway, the strong coins will perform well long-term, we just need to make sure we don’t invest in bad coins.

[gracer88]

Do you think that there is not enough money in the world to raise the capitalization of the cryptocurrency market from 250 billion by 10 times? It seems to me that really big money has not yet come to the cryptocurrency market. 250 billion is a drop in the ocean.

[infested]

I predict and can easily see the crypto market cap dropping to around 100-150 billion. No proof, just some genie plus a magic 8 ball is telling me this. Everybody is saying 2018 will be like 2017 soon, with some huge gains. Everybody and I mean everybody is predicting a 1-2 trillion market cap, so the ONLY possible way for people to get 10-20x gains like last year, is for the crypto market cap to drop down to around 100 billion. Haters prove me wrong.

Noone knows how the market will react. We can only hope that it will reach all time high again within 2018 because last time it crushed so hard it took almost 3 years to recover...

[Haiduongbg]

PPl are panic selling now. I guess the bottom is around 200 billion, when BTC hit the bottom around 5500-6000 $, strong support around that level. Maybe just my guess. If it goes below that level, it may take years to recover.

[hulla]

There's nothing to prove there and almost every cryptonier know that the coin market cap will drop price will drop sooner or later due to the community negative comment made lately concern coin market cap. But,  I'm dont believe that would by any chance lead to 10x or so gain. Although, it make more investors to come in cause there will be another chance of buying dip.

[hieuho381]

The fear level of all investors is now at 80% and almost all financial markets are showing signs of slowing down in recent days. I think the Cryptocurrency market will probably return $ 200 billion tomorrow as this is a terrible time for the entire market and Cryptocurrency is just one of the smaller markets.

[bozo333]

PPl are panic selling now. I guess the bottom is around 200 billion, when BTC hit the bottom around 5500-6000 $, strong support around that level. Maybe just my guess. If it goes below that level, it may take years to recover.

It will go 5500 USD to 6000 USD all the investors are buy more Bitcoin so automatically it will raise soon. This not a good time in Bitcoin so it will down in the market. But not all the peoples are panic selling because every investors have some criteria in Crypto investment so we should holding the current situation. Because peoples are still believe Bitcoin.

[preshpr1nce]

We can see a huge pump if a big country legalizes the cryptocurrencies like currently, news is circulating Australia legalize cryptocurrencies with huge taxes, if the news is correct then it can benefit cryptocurrencies on a longer run. Initially, we'll see huge taxes and later they'll start decreasing taxes once more and more countries start legalizing cryptocurrencies trades.

It's legal in any country which doesn't consider it illegal, being almost all.
Australia has had regulations for some time now, both on exchange operation and capital gains tax for it's citizens, the current tax news is really bad for Australia to be honest, we now have to pay tax on each individual trade profit and also capital gains tax when cashing back out to fiat.

Also Australia is a small country

The market will fix itself once all the weak hands are flushed and the people left over payed a price which won't benefit a sell off, people who bought it under $5k last year can still gain by selling, if you've purchased since and sell you're a weak person, you'll sell sooner than later or already have, this is why as time goes on things get better.

[Agathai]

PPl are panic selling now. I guess the bottom is around 200 billion, when BTC hit the bottom around 5500-6000 $, strong support around that level. Maybe just my guess. If it goes below that level, it may take years to recover.

Panic is spreading rapidly, bitcoin value and the market continues to go down very fast. Can we see a return pump process? As the loss grows. I'm not sure I can persevere through this fierce period. A tragic tragedy can occur with the vast majority of investors in the market.

[posi]

Yes, the coin Market cap will drop to some certain amount which I can not be specific and the market will gain some pump in price but the dropping in price of the coin market cap won't be the reason behind the pumping in price of the crypto market which will happen in a month or 2.

[ChrisCross86]

Nobody knows. Below 200 can easily happen.

Time showed that holding or even buying during crashes  gave the best returns.

To be honest, I like the scenario of a lower low. That gives all believers the chance
to buy cheap. I never believed that there will be an opportunity to buy ETH below 400USD.

[jacafbiz]

I still think $1 trillion marketcap is possible to be broken this year, don't forget soon the talk of BTC halfing will be propping up and their are several developmen tin the pipeline that has not be priced into the prices of most of these coins yet, some tokens will die why some will come out shine, just fine a good project to invest into

[suzanne5223]

I still think $1 trillion marketcap is possible to be broken this year, don't forget soon the talk of BTC halfing will be propping up and their are several developmen tin the pipeline that has not be priced into the prices of most of these coins yet, some tokens will die why some will come out shine, just fine a good project to invest into

In crypto currency world the impossible can be achieve, so I don't doubt what you said concerning the crypto cap market to reach 1trillion but block halving won't be the cause of that now because the halving is still far away and with the help of bitcoin payment system endorse by Russian for the world attendees we can achieve it.

[bitekoin]

Its bleak now, but I think altcoins have a great future. But what is clear is that just like most world currencies are pegged to the USD with the decoupling happening in a snails pace, so will BTC pairings with other altcoins.
So just as when the US economy tanks so do others, the altcoin prices will thus be affected. The good thing is oftentimes a tanking BTC doesn't mean the altcoin techs are unworthy, so if you believe in good solutions such as the ones proposed by Multiversum, then you will sleep easy.

[yanlap]

I predict and can easily see the crypto market cap dropping to around 100-150 billion. No proof, just some genie plus a magic 8 ball is telling me this. Everybody is saying 2018 will be like 2017 soon, with some huge gains. Everybody and I mean everybody is predicting a 1-2 trillion market cap, so the ONLY possible way for people to get 10-20x gains like last year, is for the crypto market cap to drop down to around 100 billion. Haters prove me wrong.

Who is predicting 1-2 trillion market cap? Please point out their names... I'm certainly not a part of that "everyone" group, it seems.

$200 billion market cap seems very likely. It's not a bold prediction but quite a logical one to make at this stage.

It is clear that we are in a bearish market with mostly downward and sideways movement with no upwards outbreaks. With BTC probably going down further at this point, a 60 billion market cap reduction seems completely within reason.

$100 billion isn't gonna happen, though. That would require a much bigger dump that I don't think will happen. And dumps won't necessarily lead to a pump to take market cap to $1 trillion all of a sudden.

The present downfall has definitely changed the overall market cap of digital market greatly. If it continues this way, it is possible to drop few more billion dollars. But this is also true about the digital market that it a-is a very small one and has a lot of room to grow plus some potential too. You are absolutely right that it won’t catch to 1 trillion dollars in an eye blink but it would achieve this quicker than anyone can predict for sure.

[Mahanton]

I predict and can easily see the crypto market cap dropping to around 100-150 billion. No proof, just some genie plus a magic 8 ball is telling me this. Everybody is saying 2018 will be like 2017 soon, with some huge gains. Everybody and I mean everybody is predicting a 1-2 trillion market cap, so the ONLY possible way for people to get 10-20x gains like last year, is for the crypto market cap to drop down to around 100 billion. Haters prove me wrong.

No one would hate you since we do have the freedom of speech since this is a forum after all.I agree on the presumptions that hitting up again enourmous profits like 10-100x into crypto we would really need to go down below for us to reach up that target again just like on what happened on previous years. Prices and entire cap was just low and when the market had pumped out then profits is somehow anticipated already.If we do start on recent prices wayback on december then we wont able to hit up easily on higher range.

[Lock00Live]

currently the total market stamp is only 264 billion dollars left, it means it has lost 100 billion from the beginning of last month. this is very bad and if the market goes down again, I can not imagine whether the market can recover or not.

The market for Crypto fluctuations is very normal. I do not think they die and will turn around in May this year. They will rebound in a short time so now we hold altcoin and buy in to help the altcoin grow back.

[cellard]

The potential marketcap for Bitcoin during the next decade is at least half of gold's marketcap, so around 3 trillion, which means it's definitely possible to do x20, even if you bought at the top of the last bubble. If you bought at $20k, we will hit $200k during the next decade, the problem is most people that bought at $20k are short sighted normies that are going to sell at a loss, make no mistake about that. If they didn't sold a while ago, they will sell most likely at the damn bottom, right when the smart people is filling up their wallets for the next peak. Unfortunately this is how markets are, Pareto distribution will guarantee that the strong hands keep getting stronger. Most people will NOT make it because people aren't biologically wired to think long term, they can't deal with the risk, they can't sleep until they are back on fiat, even at a loss.

[Mr.Coinzer]

Crypto market last year also faces similar correction. Bitcoin corrected 70% but then created new high and reached 20K USD. So same I am expecting this year also. So I am just adding good coins to my portfolio.