Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?
Not only to ethereum, but indirectly, fake icos are giving great damage to the market also. You are right but unfortunately there is nothing to do. As long as we do no get rid of scammer, confidence in the market will decrease.