Almost every discussion about altcoins majorly is centered around ETH, this has taken over the first page of the
https://bitcointalk.org/index.php?board=67.0 section. This goes to show the important of the coin in the space and how much premium is being placed on it. My belief is that ETH will not die and most ICOs will continue to launch on the network. This will make the price to back up as the demand for it will increase.
yes maybe for the short term this is good but no one knows the impact for the long term. too many developers who use the ethereum platform are less good.
One is honest, I think ICO is like a boomerang that can destroy ethereum. the average ICO project uses ethereum for the exchange. if ico ends, they will sell Ethereum that they earn. imagine if there are too many ICOs available, this isn't like a whale that will dump ethereum.