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.
First we would have to ask ourselves if it is really necessary for the market to leave profits x10 or x20 to the investors. Do you think so?
Because being objective, it would seem that the massive inflow of capital observed in 2017 proved to be more harmful than beneficial for cryptocurrencies as technology, for which all of them went from being an alternative to the current economic system, to becoming a pump and dump scheme at the service of the great capitals of always.
Therefore, I would not think it would be bad for the market to drop to 100 billion, so we would focus more on technology than on profitability.