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RE: Well, it looks like the bubble has officially popped
Great comment. I couldn't have said it any better myself. That is likely what is causing the selling right now in my opinion. Much of the money raised via ICOs was in BTC or Ether and they are experiencing FOLA (fear of losing all) and having no money to build their projects. So, they sell it all while they can, helping crash the markets.
True, and a truly vicious cycle if scam-coins continue to appear. As much as I fear regulations, something needs to be put in place to improve market stabilization and give credibility to the crypto space as a whole.
I agree 100%. There needs to be a higher barrier to entry for this market if we want to stop scams. It costing so much money to get a company listed on a public stock exchange is one of the big barriers to entry for scams on stock exchanges.