Ethereum got down from about 800.000 sats (august 15) to prices below 200.000 sats (october 15) when trading started.
the price started to grow above the 200.000 sat in january 16.
so a little patience is advisable.
Yes, patience is fine but:
- Ethereum has had clear development path that was (patiently) followed
- Waves seems to be totally out of its roadmap from PRE-ANN, quoted below
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The key features WAVES will have at launch are:
-Custom token issuance, transfer, and decentralized trading
-FIAT tokens on WAVE blockchain
-Cryptocurrency tokens
-Community management features
-Plug-in system
Features after launch
-Reputation system
-Privacy features
Waves has launched on one smaller exchange, Bittrex, prior to releasing full node code. Volume on Bittrex has been about 1% to 2% of the total 30k BTC Waves is holding.
Once full node code is released and Waves is listed on several exchanges, there is a good chance of higher volume and price.
People had their BTC locked into ETH ico for a year (22/07/14 to 30/07/15) before they launched ETH full node code.
People were also upset with ETH delay because the fiat price of BTC dropped 50% while their BTC was stuck for a year in ETH ico.
WAVES devs promised the features at launch and they just didn't deliver - period.
They should not get a single satoshi from the ICO funds until delivering what was promised.