Quote from: slaman29 on October 04, 2018, 10:48:51 AM

Actually, ICOs and DApps should be happy about this. Think about gas prices for starters, when ETH was at $1.3k, can you imagine how expensive it would have been to use a DApp for 1 user if he did it 10 times a day? And do you think people are more or less willing to invest ETH into ICOs when ETH was so expensive to buy? Now you can buy $2300 worth of ETH and invest 10 ETH and get bonuses. And people stocking up on ETH now means more investors ready to invest later on.

That anyway is the side issue. ETH price is today what it is mostly because of all the useless ICOs and DAPPs being put out for over 1 year. All hype and price, no value. This is literally the price to pay.

Good point. That's certainly another way to look at it.

and yes, it is noticeable that ICOs are kind of deteriorating in terms of quality. I hope it doesn't mean that we're running out ideas and legit use cases