Quote from: shyliar on September 04, 2017, 12:50:25 PM

The only reason ETH has the current value is because of ICOs.

There isn't a single popular DAPP in existence. There never will be either because if one got popular the ETH network would slow down to a snail's pace permanently.

Every news story you read about banks or businesses using Ethereum is referring to the Ethereum Platform as a package to develop private network blockchains. They aren't considering using the public token at all.

It's turing complete design makes it a poor choice as money.

Currently not any use cases for ETH the token. The Ethereum Platform might still have some use; but, token holders don't own a piece of that.

Not a good time.

This seems the case to me as well; I've heard a lot about smart contracts with Ethereum, but not a word about any popular uses for smart contracts other than ICOs. The big movements in the Ethereum market always seem to happen coinciding with news about ICOs - before the news of China banning some ICOs, the news that the SEC was planning to consider ICOs for securities status and thus make them available to institutional investors drove Ethereum up at a quicker rate than the general cryptocurrency bull market. Likewise, right now the China news is driving Ethereum down at a quicker rate than the others, which are also in a generally bearish short-term trend after a big spike Friday.