Not saying all ICO's are bad but 80% of them are only smoke and mirrors. How many prediction market projects there are with marketcap more than $100,000,000? No need to answer....
Now they and everyone else are dumping and mining profits are down another 20% in only four hours.
That friend with 50k actually saved a shitton of cash if he/she did nothing with it during weekend. If he/ she shorted eth with it... well... six digits...
Wait, wait, wait. Right now there are no cheap coins or gpu's. It is cashtime.
edit: OT but some of you might have been monitoring this 1 eth= 1 zec thing? If it holds that means there is no equihash safe haven...