The correction in May was because BTC $2800 and was overbought.
This time both BTC and ETH hit all time highs yet both were overbought.

Am I missing something or is he just doing what we are doing on this forum as well?

Extremely low coin count, right now it's balancing out around 100k sat.
would be a good time to jump in I think, it is correlated with Stratis, and look at Stratis's sideways movement, it looks poised for another breakout!
So will BLITZ, when Stratis does.

https://www.reddit.com/r/stratisplatform/comments/6fpl0z/good_news_from_chris_our_lead_developer/

Looks like they continue to make good progress!

There is tremendous potential for a platform that can run C#.
A lot better than solidity that ethereum uses.
Loads of business developers are extremely proficient in C#, in solidity.. not so many...

I even think breeze wallet is due for June, but you'd have to check their roadmap.

Recent in depth interview with the team:
https://youtu.be/_dZIGSD9NUg

I think this coin has high potential.
I would say +- $25-35 en of summer.
Breeze wallet and other big news coming in july.
anyway the devs are really on top of their game.

Do you understand the priciple of the Ice age?
ETC cannot stay PoW, it WILL have to hardfork to stay PoW (to remove exponential difficulty). Or it has to adopt the PoS, like ETH.
Remind yourself that just because you didnt aprove of the DAO hardfork, that doesn't magically make ETC (and it's chain) any different from ETH.
Read up on the underlying tech before you idolize any coin..

In this interview they clearly state the differences and level of competitiveness with Ethereum.
Especially by the use of side chains they prevent Dapps from taking up all the space on the main chain. This is a problem Ethereum already has to deal with.

https://www.youtube.com/watch?v=_dZIGSD9NUg

It's quite long, but you will really get a feel of how big Stratis could be in the future.

Enjoy and support

Alpha release is being tested:

http://imgur.com/a/I685W

Moving ETH to PoS is a necessity, not a choice. Ice age was in the code from the beginning.
I feel sorry for all the poor smucks who bought ETC recently, thinking they were buying ETH..
Must be so many out there that realized too little too late they bought the wrong token

Only in Linux it would seem to make sense:

http://cryptomining-blog.com/7965-nvidia-geforce-gtx-1080-and-ethereum-mining-what-to-expect/

https://www.cryptocompare.com/mining/calculator/

I'm pretty sure Ethereum is the most profitable right now.
awesome rig, should do well mining for ETH.

I have a few STRAT and I would like to buy more yet it has risen so much this year already.
I know they say it could be ETH competitor since their platform allows coding in C# and .Net.

I just don't want to kick myself if STRAT goes to, say $8, or even more in the near future.

What do you guys think?

Nope, the opposite is more likely, the money that comes out of these scams (we'll leave the discussion on what that even means) has to go somewhere, so when taken out it'll either go into BTC, ETH or FIAT. Why would it effect ETH?

Lol, there is no way you'll have a chance to scoop up ETH around $20-25, let alone $4-5  . That would mean the market cap will half. so 2 billion $$ would've been taken out.
There is no way that is going to happen, it's only growing, slowly but surely. I'd recon $70-80 by summers end.
You'd be stupid if you take your money out of ETH now, it's the biggest crypto platform with by far the biggest support.

Golem is definitely a new way of approaching decentralized computing, remember someone telling you 10years ago about inviting strangers into your home and getting paid for it?
People would say you're crazy.. And look at Airbnb now..

SHIFT is another interesting development on the Ethereum platform. A decentralized deployment of websites, no government, hacker or institution that can go against it.
It's the future, and Ethereum is providing it.

That's only because those coins got de-listed on Polo. Nothing more, nothing less.
And to be fair, they weren't spectacular coins either..

If LTC get's segwit it might spike.
Same with SHIFT if it get's added to Polo.
Maybe STRAT will keep rising, if that company get's a foot in the door in the English finance sector, with the whole Brexit drama playing out, it might become a valuable investment.
And I still firmly believe Ethereum is by FAR the best crypto platform out there, so ETH, GNT, SHIFT, etc. will be very interesting in the long run.

You know  if you invested $50 in Apple in the 80's you would be a millionaire today.
Crypto might be the next big thing and if it comes to fruition for sure Ethereum (and it's Dapps) is going to be one of the biggest players.
For now, it's buy and pray I guess..

Ether is THE best crypto platform out there.. so if you have spare money, and you want to be in it for the long term, buy Ether.
Dash is just a currency, Ethereum is so much more.

I think SHIFT applied for Poloniex adoption in the beginning of this month, would be good for volume (and potentially price) to get to Polo.