Quote from: otunyot on December 16, 2018, 03:24:42 PM

Ether is already trading double digit unfortunately, but these prices are very temporal as the cost of mining ether as not gone down neither is the mining reward increases. The ether price is a steal for those that know about ethereum recovery potential, I will encourage everyone to buy ether now!

Exactly! Miners do not turn off mining rigs even if mining is not profitable now. This is a great example of how people associated with this project strongly believe in its power. Even if the price of ETH falls more, the impact of the price jump later will be huge!