ETH is way over-valued right now - no doubt about it.

What everyone fails to realize is that the people trying to derail p2p cash systems like Bitcoin's PoW are the people with the most to lose from it - the people who run the Fiat Empire: The illuminati, the CFR, Bilderberg, Freemasons, the Jesuits - whatever the fuck you want to call them - the people who run the IMF and BIS, the Fed and the mega-corps like AXA.

When people like that are fighting Cryptocoins, be aware that they literally have unlimited amounts of fiat to spend on pumping their coins, buying exchanges, buying mining farms (BitFury), and using their massive propaganda machine that spans internet, TV and print media.

I look at Ethereum and I see something with cool ideas, but nothing remarkable has been produced yet. It also has a lot of competition. There's definitely an argument that this run up in price is a pump. That said, investing more money in Bitcoin isn't an option for many when they can't move coins without ridiculous fees.