The sheer scale of these potential frauds - including the total ambiguity of massive $ raised for ICOs is not only consistent with the shenanigans of the .com - it's much worse.

In .com - companies were creating value, and we all assumed people would pay for 'email' - turns out consumers would not - so many businesses failed, and there was a stampede out of equities.

All of this coin and ICO fraud, including 'regular company' valuations of 300x P/E rations - is absurd.

In 2000 - the bubble was popped with a little bit of an interest rate hike that caused major funds etc. to scramble, causing a stampede.

Markets are definitely emotionally positioned for a black-swan event to cause a scramble.

The markets have to correct for all this sketchy/possible fraud going on.