There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

I wonder what the government want to do for now because the crypto market is giving an impact to every people and now, cryptocurrency become bigger than before. With the explosive of the price in the last year, it will make people open their eyes because something new is coming and if they don't take part inside the crypto, then they will not make any profit like us. I think the government will create some regulations for the crypto market and perhaps, they want to control the exchanges and they want to know who is the people behind the exchanges and their member so they can do something if their activities become illegal.

A lot of crypto users anticipate the collapse of Banks some few years to come because crypto is gradually gaining roots as the people become more familiar with its concepts and significance. The banks have got the complete backing of the governments, hence its complete collapse is far reaching. The banks will rather coexist with crypto and integrate cryptocurrency into its services in order to keep the interest of the people as Blockchain grows in significance.

The banks will still exist when cryptocurrency being legal in one country because I think the banks can works together with the crypto so it will give more benefits to the customer. But I don't think that it can happen in the short time because the banks need to prepare everything before they can integrate their system with the cryptocurrency.

I think it's because many people who buy bitcoin in December last year become broke and they don't have more money to continue and they still waiting for the rise of bitcoin. It makes the other people think twice to invest their money in bitcoin, and they don't want to get the same experience. I think in the next year, this will change and I am sure that there will be many people have interest in bitcoin and they will buy bitcoin.

Yes, I still buy more cardano, I see cardano have a great chance to increase high in the future. My feeling says that cardano can increase and it still compete with ripple, stellar, and xem. Although I don't know much about cardano, I see the price is still good to buy now and hold it for a long time.

Although ethereum is the best cryptocurrency now, it still hard to compete with bitcoin and I prefer to choose bitcoin as the top cryptocurrency. Ethereum cannot beat bitcoin for now, and it's too hard to do since ethereum itself is behind of bitcoin and I don't think that the ethereum can do this.

Many people can only say soon we will bitcoin price rise again, but they don't know when the right times. Bitcoin price now still up and down in every day and I think it's good for every trader to buy and sell because we have a chance to make a profit from this. I see that we have time to do this over and over so we can collect a big amount of money.

Hey guys. Currently, I have and still hold Ethereum since December 2017. As we know that from mid-2018 to the present, Ethereum has not seen a big increase. Do you think I should buy another coin with the ETH that I have or should I hold it? If you think I have to buy another coin, what coins do I have to buy with the ETH I have?

Yes, only if you can make analyze and have time to analyze. I think if I have more than ten ethereum, I will use three ethereum to trade with another coin so I can have a chance to increase my ethereum amount although I know that it will difficult to determine which coins that can increase. But at least, I can try my skills to analyzing the coin, and I hope I can make a profit from ethereum.

Although we hear and believe cryptosystem is not centralized, how then does the value of currencies fall or rise? Who or what determines that. Dont you think there a body that manipulates the market

I think some people place is trying to manipulate the market, but if people become panic, then the price will go up and down too. The panic emotion can give the biggest impact on the price and sometimes, the price can move in the unknown direction. But after the panic is gone, the price will be back to normal and will start to increase again.