I agree with what you say Beerwizzard — as I state in the article, it's Ethereum that is backed by technology. Many of the ICO's within the platform indeed are not backed by anything, on the other hand them being bubble (or not) hardly affects the ETH rate, if only on the micro-scale. So I think you're right to a degree, but not so much re:Ethereum is a bubble because there are some bubbles within the platform. It's close to saying USD or EUR are not trustworthy, because these currencies are also used by scammers.