Well, most coins haven't touched the market. The price of said coins are moot at this point. The demand is most likely not there.
THANK YOU!!
"The demand is most likely not there."
That is the point, yet we're still printing!
I find it from a historical perspective to be one of the biggest bubbles in history, on par with the top 5 collapses combined of the .com crash.
I am NOT saying that this is the end, I believe that when the rate of mining is cut from 50 to 25 it will have a chance, but not until that point.
We know there will never be more than 21 millions of bitcoin, so even if we print, we already know the maximum.
And the bubble was in june, not now.