ETH dead as ICO cools down

[wodebutterfly]

As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.

[Leona Lewis]

ETH price is related to BTC price. When BTC show stable grow-up trend you will see ETH is going up as well.

[huoxuanjyphl591]

As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.

I thin k it is a scam and we can see the price to be high again in the near futur. I won't sell the coins that I have until the pric eis high enough.

[Neymar10]

As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.

I think that the ICO does not have a great influence on the price of the Ethereum, they usually have effect, but it is not as significant as it seems. I think that the price may still fall slightly due to bitcoin instability. But I hope that soon everything will begin to grow

[teddyppap]

As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.

People getting paid for the own information that they generate. If this is one of the top 5 societal redesigns that comes out of Ethereum, I'll be happy with it. If Facebook is replaced by a dapp as well, a lot of the money gained through selling information might be spent on using that platform, which is a bit like what's happening already: Facebook is letting us use their platform for free, in return for our data.

[tiggytomb]

As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.

ETH was on fire with all the ICO projects using their platform, there are other alternatives to ETH which only a hand full have used, I don't think ETH is finished by any means and they do have other things going on outside of being the go to platform for releasing an ICO.

[eyesee]

I think prices were pretty inflated towards the end of last year and we were due for a correction.  Once we see the effects of regulations and some price corrections, will begin to see a bull market come back.  Until then, this shakes out some weak hands and those with means pick up bargains.

[kryptqnick]

ETH price is related to BTC price. When BTC show stable grow-up trend you will see ETH is going up as well.

There is no strict relation between eth and btc. Just look at the charts of bitcoin and ethereum prices since the beginning of 2018 and you will see how different their paths are. https://imgur.com/a/6vFmp
However, when bitcoin is going down, people start feeling unsure about the market in general and thus the price of ethereum goes down as well. And eth's price is also really affected by ico bans, because it is the basic platform for icos.
Yet I disagree with the op that eth is dead. It still has chances to recover, even though for now mining it is really unprofitable, taking into account the fact of eth fork that makes eth closer to not being mineable at all.

[AlexaSonda]

eth is still a favorite altc for everyone, just a lot of people are bored with the bad ico or scam that has happened lately. we need to be patient and I am sure that in the near future eth will explode.

[Crypdon]

Ethereum is a huge brand and trusted by companies and governments like venezuela. it will always be popular but there is an increasing pressure on prices not just from ICOs cashing out but competition from other arguably better alternatives. NEO is rising fast and is popular in the far east, i think it will compete on par with ETH this year.

[Enzo05]

As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.

Maybe at some point you are right but I don't think ETH will go down below as there are still many people use ETH not only for making an ICO .

[asriloni]

As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.

I think that if you don't know anything about that and don't make another FUD thread. It's not caused by the ico has been decreasing on its trend. As you can see there is a lot of recent icos which reached hardcap just in some seconds. In fact that all of this caused by those are overrated with EOS project and send the developer more than 200k ethereum. EOS team try to kill ether trend with dump it as low as possible.
It has posted by so many people about the real reason that makes ethereum dying a little bit right now.

[FearLiath]

Ethereum is a huge brand and trusted by companies and governments like venezuela. it will always be popular but there is an increasing pressure on prices not just from ICOs cashing out but competition from other arguably better alternatives. NEO is rising fast and is popular in the far east, i think it will compete on par with ETH this year.

Absolutely agree, ETH has a lot of plans on 2018, definitely if most grow up to 2k this year.

[nguyenthithuken]

As ICO cools down and a lot of projects are even dumping at lower prices than ICO, is there any hope for ETH prices to shoot again? Also there are some news that ICO projects are cashing out the large amount of ETH recently which even give ETH a more harder hit than other coins.

I think ETH's price go down in recent times is on a down trend with Bitcoin. Beside, some bad ICO after taking ETH of investors, they sold big amount of ETH on market. This thing also make its price go down

[Dyn@styN3rd]

ETH's price when I first bought mine was around $250 so at its current rate I think it is still a profit if you bought last year. Unfortunately that is not the case for those who invested in the recent weeks as there was an all time high rate for ETH. Let's just hope that BTC price will raise in the next coming weeks or months as its dip greatly affected all altcoins especially ETH so I think if BTC pumps up, everything follows.

[chokomenia]

ETH is not dead, ETH is down because of the market condition and when market recovers, eth will moon and go to another all time high again, and I believe it will happen this year ending again.

[rayk]

Initial coin offering is almost scam without regulations and informed people, vitalik knows it and see the bubble around tokens but he can't avoid this.

[ChrisCross86]

ETH is a platform for all kinds of projects. The ICOs in 2017 were one reason for the massive growth of ETH.

But I also think that the correction is almost over now and ETH will grow again. 6000USD EOY

[HadadC]

Eth will increase in 2 month. I believe that Eth never die like BTC. People need to be trust crypto world. Dont look red market , hope green market.

[valnd]

ETH to me is not dead, it is going through market correction just like every other coin. it will bounce back when market recovers.