Although it can be suggested that ETH might be on its way down to as low as $50 soon but ETH is still around $298 now. So I don't think ETH can go down as low as $50 in the market. It cannot even go low as $200 not to Eben talk of $50. So I din not agree with your opinion because I believe the price of ethereum will begin to increase again as from September because the cryptoarker will surely survive by September.