Looking at the current conditions, we have seen a lot of failures in various ICO projects. Are you optimistic that when more ICO projects fail then this will have an effect on the decline in ETherum prices?
In calculation, Etherum has become a token for many ICO projects currently available.
I dont think that ETH price is determined by failed ICOs,If anything successful and big ICos like EOS dumped huge amounts of ETH on the market,and same thing all the other good ICos projects did,and there were many in the last 9 months.But once BTC goes up,and with casper and sharding,ETH will go up,bnack tp previous prices.