There are (as of now) 14029 cryptocurrencies listed in coinmarketcap.com.
A case has been made (repeatedly) for the existence of a bubble in the cryptocurrency market.
Yeah, I understand cryptocurrencies are volatile, high risk investments. But, are you guys expecting a market crash anytime soon?
Do you mean a market crash for altcoins or the market in general? Bitcoin has been doing quite well and I think the more that institutional investment goes into it, the more it will become stable. The price has remained firmly on the $50,000 mark, and I don’t really know if it will be dropping below that or not.
For sure there have been some analysis that have forecasted that there would be more decrease below that $50,000 mark, and even before now I have thought that the market would go down to around $30,000 or so, but it has been able to maintain this high price for quite a long time. So, I cannot tell anymore whether it would be going below the $50,000 mark, or just maintain that price for now. As for altcoins,it is quite clear that most of them will crash.