The market is self-regulated system. It's obvious, that now we have an anomaly that will surely be corrected soon. Maybe by external (governments) regulations, maybe by some another reason. But the current illness of the market is the fact...
I think it will be internal, self "regulation" and it's going to be spectacular.
Let's face it, there is no way every of the new coins can achieve full success, some will suffer poor recognition and other, complete failure state.
The moment verification starts to take place, there's going to an avalanche of altcoins crashes.
In my opinion this is the real bubble, worst thing is that it's collapse will harm bitcoin a little. I'm thinking that this strike won't be reflected in bitcoins price but rather in further adoption and trust in general. For total speculation now: the alt's crash may begin at the end of this year, when most of projects already started will go down the tubes.
There was a time here at forum, where long time members where calling out most of the new ico's blunt money grabs.
They thrown uncomfortable questions and pointed at reasoning holes, making bad projects easier to spot.
I miss them, they moved on or maybe there is to damn much of new stuff? idk.
There are to few good specialists among us nowadays, and to much people with a "need of $peed" profits. What happened with reason?