Can anyone explain why Ethereum is kissing the floor?
Just a brutal bear market. Plus those who did ICO's are also selling eth they got as their holdings relative to USD is shrinking.
If eth goes lower, do does their funding from ICO.
It's just a cycle.
Maybe this is just a cycle of life for ethereum. Yes it has been a bad timing for ethereum but when we look at it at the brighter side, we can see that it would be a good time to buy eth rather than saying it's going to die.