You guys are looking at news like me. All the big investment firm are getting in!
In between, there is still no regulation in place.

They must have accumulated like crazy around 6k and still now.
Just waiting the next ride after this hibernation.

Its all planned.

You can see also how governments are softly criminalizing cryptocurrencies but never really made any law for it.
They must pile like crazy in between.

I think in all this chaos, some ICO will deliver and remain as the "blue chips": ETH, EOS, NEO, etc.
Looking at mining stocks on venture markets, ICO are not worst if not better.

I can't tell how many stocks I keep in an investment account that worth under a penny now.
What matter are the ones that pay - hopefully they cover the cost fort the other ones.

All of the same - in a new package.

It's all matter about your believes. If you think that BTC is the next thing then don't listen to the scarecrow. I bought some BTC in between 50 and 500$, all my friends laugh at me. Now... Make your own idea about a subject, study the plus and con - then act!