Hey @lennstar, I agree that it does seem like a correction from that exponential growth back in May, but I wouldn't expect the prices for the top ten currencies to go too far down.
You know, there is a big difference between the markets in the beginning of the year and now: cryptos get a lot more media coverage now and hence a lot more real people are participating in crypto's trading now. Some of them will indeed follow the psychology of the crowd, panic sell everything out and thus pull their money out of the market.
But a great share of them willl stay and keep their money invested. So the prices will fall, but I don't expect the fall to go on too long. Once unstable traders leave, more and more regular one's will pick up cryptos at bargain prices.
RE: Cryptos in free fall!