Quote from: bittick on August 05, 2018, 04:36:53 AM

Quote from: panoramx on August 01, 2018, 02:47:27 PM

Considering the number of startups now relying on Ethereum's smart contract, Ethereum just cannot die

That's simply true, those project are like pillar that strengthen ethereum existence because if those project that have their token under ethereum blockchain will always empower ethereum.
also people are still hyped to mine ethereum that means the hash power is still there to run ethereum blockchain finely.

Yeah so I would say that Ethereum is just going through some tough times. A few hiccups, minor bumps in the road, but not a crash and destroy type of scenario, strictly because there are so many startups the need Ethereum to function. Not that they have deep pockets to bail it out if the need comes, but they form a strong enough base for it to rest on while it regains its strength to pick up again. There were some problems with the developers releasing coins back, weren't there? I can't remember the details, but that's probably why the price is slumping. I used it as an opportunity to buy. I might be waiting for a while though...