Your comment is not making any sense at all. I never said that Smart contracts are just for ICO's, I even said that on the text that there still would be other projects as well but their effect on ETH:s price is minimal compared to ICO's. If you look at the current trend you can really see that ICO investing is really dying and your solution is just to just close your eyes, pretend everything is ok and stop talking about this issue? Comparing this to Bitcoin and Ripple is very irrelevant in this case because ETH has always been store-of-value for some people (just like Bitcoin) and Bitcoin was never intended to be centralised like Ripple.

Keep in mind that well over 80% of all ICO's are scams (that estimate would still be very optimistic, the real number might be high as 95 or even 99%)!! Of course there is some promising ICO's as well but because 80-99% of them are scams people are starting to be very afraid and careful to invest in any ICO's (including the most promising ones), and this will hurt not only the succesful ICO's but also the whole Ethereum community.



That's not true, especially now when proof-of-stake is adapted which is anticipated to bring many benefits to the Ethereum network and to ETH token holders.

ICO scams are really hurting Ethereum's price and reputation, and it's very high likely that we will never see same volatility of ICO investments (like in 2017) again because of these ICO scammers.

Let's imagine that ICO investing is now over or it's very minimum compared to what it was before. Of course there could be other types of projects on Ethereum blockchain besides ICOs but their effect on ETH:s price would be minimal, and this could mean that ETH would be only used as a store of value like Bitcoin. Could ETH survive this outcome and some day still recover it's price back to 1000 usd?

I'm pretty sure that price of 1 ETH goes under 100 usd in just a few weeks, and we are not going back up in years. Maybe the next hard fork in October may increase the price but it's only going to be temporary. Investing in ETH was one of my worst decisions ever and now I've lost over 10k in euros.

Fuck crypto seriously. Biggest scam ever. I have already lost 10 000 euros because I bought eth (which was supposed to be the most stable crypto ever) when the price was near ath, and now the prices has been down for almost 70% and the new all-time low record from this year is on it's way (under 400usd now). Holding doesn't seem to help very much my situation. I have already tried to hold for 8 months but the bear market still goes on and on.. I wonder how much more the price goes down if I still decide to hold? Under 100usd? Or maybe to zero?

Yes, that's exactly my plan, I'm not gonna sell anything for another 1-2 years at least. I can still live at least normal life and I wasn't even looking for quick gains but it's still very, very scary to see the markets plunging even if I'm going to hodl for a long time. Only retards would sell everything at this moment. Maybe the best thing is to forget the whole crypto scene for a while but it's hard for your psyche if you don't know how the markets are doing.

If this shit continues I think it will reach $100 in a few weeks

I wonder how much people have lost money during this bloodbath which never seems to end. Maybe it will continue until the overall market cap is under 100 billion.

I bought Ethereum for 5000 euro in January when the price was 770 euros, and then for another 10 000 euro when the price was something like 900€. I also bought few Litecoins as well. From original 15 000 euro I have only 5000 left now, so i've lost almost 70% for now. I haven't sold anything yet.

ETH supposed to be one of the most stable coins but I really have no idea what I should do anymore. Actually I don't even care anymore if the price of 1 ETH goes to zero and I lose that remaining 5k because I have already lost so freaking much. I even had to put my house on a rent and move back to my parents for the next 1.5 years to recover from these losses if the price does not rise again.

Sorry for opening up but I had to share my story so I can feel a bit better..