Quote from: Bamsed on August 14, 2018, 02:29:20 AM

Quote from: adaseb on August 13, 2018, 10:44:03 PM

Looked at the ETH charts this morning and I said "Yikes!" how low will it go.

I remember a few of my buddies "loaded" up on ETH when it went to $1000 earlier this year. I told them, buy BTC instead but they never listened.

At this rate it seems that even $100 ETH is very possible, and if it ever reaches that price it will be a great deal. However no idea if it will end up recovering when in less than a year it goes from $1400 all the way down to $100. Its already lost 80% of its value from the ATH. Many people are getting very depressed with their investment for ETH.

When ICO comes back to like, the demand for ETH could rise again, hence the price.

Most ICO will take ages to deliver a finish platform some are just smoke and promises, ETH is mainly used for ICO because it is easy to create token/contract , demand for ICO are declining because it turned out many of them are scammers, ETH is going down because of BTC falling beyond the predicted floor.