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RE: SCARY Trend in Bitcoin & Other Cryptocurrencies
The calm before the storm.
2018 is where all the promises on the roadmap will be fulfilled for altcoins. Now it's only ramping up, because people lost interest after a huge bullrun, so i actually expect this to have low volatility.
Remember, that low volatility can be followed by a huge volatility spike. You can check the VIX index on 2018 01 08 which was very low volatility, afterwards had a huge spike, which was caused by stock prices plummeting up to -10%.
2017 was a big year for Bitcoin, but i believe 2018 will be a big year for Ethereum and altcoins. A lot of attention is on FIAT to altcoin direct conversion, which should decrease the dependence on Bitcoins volume/price.