Quote from: bryant.coleman on September 30, 2019, 12:53:26 PM

Quote from: J1mb0 on September 30, 2019, 12:06:11 PM

The booming period for ICOs has passed, so ETH is having a hard time attracting investors. I think ETh will be stuck in the long run and very difficult to return to the $ 500 price.
Be careful if you want to invest in ETH.

Well... there is no doubt that the destruction of the ICO market had a negative impact on the Ethereum exchange rates. From an all time high of $1,400 per coin on January 2018, the prices crashed by 95%, to trade at $86 per coin a few months later. But check the movement in the price after that low point. The exchange rates had recovered to around $330 per coin by July 2019, before a bearish movement took it below $200 once more.

The ICO market is still down, and there is no reason to believe that Ether will recover anytime soon. But the big question here is whether the correction is justified or not. Does the ICO bust justify a 95% reduction in the price of Ethereum? I don't think so. I would say that the fair value of Ethereum lies somewhere between $300 per coin and $500 per coin.

I agree, ETH's price should be in the range of $ 300 ~ $ 500.
Developers need to take measures to prevent junk ICOs from appearing on the ETH chain. Junk and fraudulent ICOs only discourage investors and distrust the ETH project. I think ETH needs a very long way to recover.