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?
That is true.
There are two type of scammers.
1) ICOs that collected enough Ethers from investors and after fake ICO sale they dump their collected Ethers.
2) Scam forks, like Ethereum Nowa, Ethereum Classic Vision that are stealing private keys from Ether holders.
They have enough Ethers to dump the market. Drop from 14000USD to 100USD was caused mainly by ICOs
.