There are 2 big markets that can crash the price of cryptos like this imo.
The chinese and the american markets. We're almost over the first hop even though I expect huge swings in the next 2 weeks when everything will be dumped and rest of the world will try to pick them up at big discounts.
I consider it a step in the right direction. It will be sweet when things will be regulated there, and they will, even though we talk about a communist regime .
Now for the american market... this is another type of animal. When it comes to money and the pressure from the banks , things might not get regulated there for a long time. Just as it happened to online poker .
We are in a gray area right now and they can't stay there for long as market cap gets bigger and bigger eyebrows start to rise.
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The banks are powerful!