To be honest here, I have no idea how ETH isn't collapsing as people move their ETH to BTC or fiat or gold or whatever. I mean, how come people has still thousands of BTC on the ETH market? I have no idea beyond thinking marketing is a very powerful thing to raise the price of an asset.

I mean fuck, who believes in ETH long term after Vitalik Buterin told exchanges to stop trading to stop panic selling? I think this fact alone makes ETH something you can't trust.

Im waiting for Rootstock to see if it can replace ETH, but for now I would stay cautious with smart contracts stuff.