For some reason, after applying this snapshot. Wallet start to connect back.

Thanks!

Highly unlikely. I think the most it will drop to is at $5,500 point. Because beyond that, everyone will start to grab, and the price will be too low for miners to operate and be profitable. So if it dipped below $5,000, even the miners will start to grab the coins.

So naturally, the price will be kept above $5,000 because if its below that, even the miners will not be selling the coins, hence reduce the supply in market and exchanges. And with limited supply, the price will be pushed back up.

Also, there are many reasons for the BTC community will want to ensure that miners can keep their operation running and help secure the network. If miners start to go out of operation and the hashing power start to consolidate. This will be dangerous for the BTC ecosystem, i.e. the chances of 51% attack will be high, and nobody will want that.

The chances of this happening is extremely low. Unless there are critical bugs or attacks that completely disrupt the Bitcoin blockchain and data integrity. But these are unlikely also as we know Bitcoin core developers are consist of those smart individuals that have been with Bitcoin since the beginning and earlier days.

Most BTC hodlers are somewhat Bitcoin maximalist. And most of the people treat BTC as digital gold and use it for store value. So, as BTC supply cap are fixed, the only way BTC price will drop is with big exchange hacks and BTC dump to liquidate after that.

Ethereum on the other hand have no fixed supply. The market and participant for Ethereum are much more larger compare to Bitcoin due to its use case for Smart Contracts. There are tons of developers and smart contracts being developed now. The demand for ETH will increase potentially. But because of the uncapped supply, unlikely ETH price will surpass BTC in any forseeable future.

Yes. Ethereum seems like the preferred and most reputable platform for smart contracts. There are many good financial smart contracts being built on and for of Ethereum, e.g. dYdX, Dharma... Most of these services likely will be ready by 2019 and we will see shifts in financial sectors in the real world.

There are many other blockchains with smart contract capability and great promises, see https://github.com/Overtorment/awesome-smart-contracts. But until there are actual real-world and live dApps on the platforms that are being used by active users, and measured by monthly active users in the scale on at least 10k, those platform will still be considered experimental.

Ethereum prices are down along with other crytpos in the bear market. But when the user activities picked up, the prices will follow suit due to supply and demand.

Nevertheless, one shouldn't bet ALL IN just based on the price. Instead, you should be focusing on the potential of utilising smart contracts to earn passive income out of the ETH that you are holding.

Hmm, most advices here are assuming that cryptocurrencies are going to "skyrocket" or "moon" in the future. Which shouldn't be the sole main reason you "invested" in crypto, or ETH in your case.

For me, I "invested" monetarily in crypto via mining (a.k.a. securing the network) and staking, because I strongly believe that Crypto and Blockchains are here to stay and will be the "Internet Boom" for Currencies in human history. By mining and staking, I actually contributed to the whole network model and helped in the experiments run by all these different crypto foundations and organizations. The coin rewards from mining and staking are part of the "bonus" along the way

So ask yourself, whats the primary reason for your investment. If its for the x100 gain for price difference, you will have to prep yourself with the mindset that any coin can potentially drop to pennies. Also do extensive background research on a coin before investing, and determine yourself whats the strong point of the coin that you investing, be it the team behind it, the technology behind it etc.

At the end of the day, invest only what you can afford to lose.

Few reasons:
1. BCH is a fork by developers who are more aligned withe certain mining companies. The prominent faces for BCH are Roger Ver, Jihan Wu, and Deadal Nix. Most of them do not have good reputation in the crpytoverse.
2. Jihan Wu, and his company - Bitmain, has bad reputation for exploiting miners for profit, and disrupting mining ecosystem. 
3. Most people cannot accept the fact that cryptocurrencies have a "CEO", a.k.a. Roger Ver.
4. BCH has less full nodes than BTC, hence arguably less secure.
5. BCH is more centralized in the sense hard/soft forks are decided without polling community. Where as BTC forks are usually carried out after polling done for BIPs.
6. BTC is maintained by the existing BTC developers for years.

Same thing can be said about alt coins mining. Imagine those retail miners like me which only have access to power cost of about >10 cents. The coins earned from mining just barely cover the cost of electricity, let alone the cost of the mining rigs. Mining just doesn't make cents anymore unless you are industrial miner with access to really cheap electricity near the source, like what the China mining companies do.

2 years ago, the most common argument we heard about the main advantage of mining (a.k.a solving cryptographic quizes) is its more decentralized and can prevent 51% attack. Not sure if thats the case now. Mining seems like a power play of the few giants. I really wonder what will happen for mining in the future when only a few have the controlling resource (i.e. hash power) in the entire network.

It seems to me, staking (or variation of staking) is the way to move forward.

Here are some of the promising ones imo:

#1 SunExchange - Get solar cells and lease them to schools and businesses in the sunniest places on Africa. https://thesunexchange.com/
#2 AsuraCoin - ESports betting platform which utilizes Smart Contracts for betting rules, odds calculation and results execution. https://asuracoin.io/
#3 Dfinity - Blockchain decentralized supercomputer cloud IaaS playform. Think of it as supercharged Ethereum network, with advanced IT capability. https://dfinity.org/
#4 Compound - Crypto lending platform that let users earn interest, just like how bank interest works. http://compoundcoin.org/
#5 Augur - Decentralized prediction market. Similar to betting, just that you are betting for real world events. The founder is only 22 years of old! https://www.augur.net/

Can't think of any on top of my head, not sure if I missed out any other interesting project.

Definitely! Don't get distracted by the price swing in the short term. Also, don't hope to moon with cryptos! Crypto are the next revolutionary landmark in human history, after the Internet! Its here to stay, and give it another 10 years, pretty sure it will be widely adopted across the world, just like the Internet.

If Internet takes 60 years to flourish. I don't see why we should be skeptical about this new/infant tech which not even have 10 years history, which only started in 2009.

Sit tight, and keep a look out for the good + legit + potential cryptos to get involved in or even invest in. There's no overnight success in this world.

Most ppl thought $DOGE coin is just a joke coin. But in actual fact, it is one of the earliest alt-coin out there. Also, there are quite a number of actual real-world usage out there. So not surprising that the coin is still around and traded actively in a handful of exchanges.

Nevertheless, I still think the new height during this bearish time is pumped by whales, or organizations that manipulate market for their own benefits.

ETH suppose to one of the best and legitimate crypto after Bitcoin. Can believe the price dipped so much.

I think the price drop is likely due to market manipulation. Because at below $230, it doesn't make economical sense anymore for the miners. They will be just barely cover the cost of operation (electricity + rent) and the (already sunk) cost for the rigs, not to mention not making any profit in the long run.

Hope there will be real initiative from Ethereum Foundation to prevent the price from free falling further.

@rose9696 Do share and post your analysis here for everyone

MFchain wants to do a lot of things: smart contract, ICO platform, payment gateway, POS, cross chain atomic-swap... seems like a little too big the ambition. Not sure they can pull this gigantic project off or not.

TBH, their ICO Minimum contribution of 5 ETH is not that high. But during this bear market, don't think they can raise enough from retail investors alone.

Interesting. Just realize Pundi X is registered in Singapore. But seems like their operations (from the news coverage) is in Indonesia.
https://pbs.twimg.com/media/DmN8mZzU8AA092e.jpg

Also, looks like the founding team is is from China. not from Singapore/Indonesia. (Source: https://pundix.com/about).

Anyone know hows the POS adoption so far. Haven't heard any recent news on adoption so far.

Interesting, @boss1dg, why airdrop offered by project like Dfinity , Ontology considered good? This is the second time I see ppl mentioning good thing about Dfinity. Dfinity is like cloud servers to me, and IMO, these kind of services best offered by centralized entity, like Google, where they can scale the platform at a faster with more economical sense.

For OP's original post,
OP is lucky to join an airdrop during ATH for most coins. Most coin not doing well, especially during bear period like now. Btw, hows IOP doing now?

100% Bitcoin.

Ripple is centralized and not close-sourced. They announced partnership with banks and all the traditional financial institutions in the earlier days. But now theres no news, and some banks even denied partnership with them.

Unless Ripple open up and be more transparent, the only place for them in the crypto ecosystem is in either private chains or enterprise.   

My top 3 picks:

Zcash: Awesome coin with its shielded transactions, which are fully encrypted with zkSNARK algorithm.
Monero: One of the proven privacy coin that exist on the ecosystem for the longest period. Also ASIC resistant.
PRiVCY (PRiV): Its on TOR network. Great community at Discord (https://discordapp.com/invite/4AdxwK7).

Bonus:
Bitcoin Private (BTCP): This coin is as if dead on arrival.

Not possible at all. Miner's electric cost alone is around $150-230, depending on geography location. So if the price dropped below that for long term, many miners will not be able to survive. And this will pose serious issue for Ethereum ecosystem.

I strongly believe $250 is the floor price for ETH currently. Until Casper (/Hybrid) launch, where the dynamics will go through major change and adjustment.

Nah, I think it will have another dip to below 5000 before gaining momentum again.

If you are trader, yes. Just look at the price fluctuations every day.

Chill. Imagine those that bought at $1300.