Everything is going as predicted. I'm still 100% invested in cryptos and I can't see anything has changed fundamentally.
We're currently cruising around $500 billion, and there seems to be some technical support around 500 or 490. I don't think that matters that much. Volume doesn't seem to take off when there is price action either, so it's obviously a lot of people and probably whales (if we look at the Tether volume) that are sitting on the fence right now - expecting more regulations, but hoping for some good news.
And the good news is there I believe, if you look carefully. No countries are banning cryptos, and even banks suggest that banning it is ridicilous. South Korea is banning anonymous bank accounts from trading on centralized exchanges.
To that I say who gives a fuck. Because DEcentralized exchanges is not only in the making, but they are here. And they are many, and they make Etherdelta look like a kindergarden project.
And make no mistake, in this race - things are happening fast. Some Bitcoin nodes are all ready running LN on the Main net. And the race by decentralized exchanges is also on.
IDEX is all ready up and running it seems. I haven't tried it yet myself.
Payfair is another exchange in the making
Then there is cobinhood
And there are more. These are however the ones I think will be fully operational the soonest. Cobinhood and IDEX seems to be up and running all ready, but with some minor issues and low volume.
Now, as more people are earning money in crypto currencies - like here on Steemit, and are getting paid in cryptos for the work they're doing. We don't need FIAT deposits on decentralized ecxchanges, because who gives a fuck about Fiat at that point? Sure, we need it this year, and perhaps next year..and we can always cash out a little bit and pay our taxes. But in the long run - goodbye centralized services, and hello wages in cryptos and free exchange of goods and our choice of currency.
You better believe in that, or you might as well sell it all now - because we're in for a ruff ride, and unless you want a heart attack - I suggest you calm down and let the fundamentals work. It takes time, and don't be surprised if we see 300 or even 200$ mcap. It doesnt matter. It's doesnt even matter if we see zero. Because I rather bet on, and have my feet planted on the right side of history than to lay down my arms against the oppressors once again. Take a stand. Money and wealth is a potential bonus. I don't give a FUCK if I have to sell my Tesla. I'll walk or take the buss the rest of my life with a smile on my face, as long as I know that I didn't pussy out on this.