ETH dead as ICO cools down

[Qspace]

When BTC comback, ico price follow and eth will go up.

[smhome354]

I think ethereum will begin shooting up again this 3rd quarter of the year. It once proved that it can do it so why not give it a chance again. Meanwhile I think we should focus our attention to some of the new ICOs while waiting for the ethereum come back.

[Raist]

Transactions are showing more than double cut from normal amount in most leading cryptos right now. Still there are about 500k transactions in 24 hours which means that ETH is alive.

[jakelyson]

You cannot really tell this right now because overall the market is down. So you cannot specify that ETH is dead because all of the market is dying. Let the market recover, and if ETH is left behind, then you can say that ETH is dying. But I think it is still very much healthy. It still have a billion dollar volume in trading so pretty much alive.

[waorana]

The various blockchain platforms need to monetize to develop their projects and then sell their ETH. In any case as soon as the market returns to grow, Ethereum, which is an exceptional project, I think it will grow again and exceed one thousand dollars

[Tony116]

There are difficult periods in the life of each project. It's possible that ETH is going through this difficult time now as well as the market at all. We should not be upset, but should remain calm and wait. Crypto market is always recovers after a fall.

[kingzues09]

That was the effect of bitcoin price the whole market is going down and i know Ethereum has the best platform when it terms of smart contracts and most of the ICO are created in ETHEreum Blockchain. looks like we have a good pump this month!

[edwardnortonn]

There is a common effect in the market for all coins not just ETH, the current situation has affected all.ETH being one of the most Hit, but there is still hope, all is not lost, the market will recover with time and ETH will regain its valuation

[bosses]

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.

Ethereum is still very well kept in relation to bitcoin, for example, Ripple has lost much more, so the reason is not in the ICO, reason in the general decline of the market

[Coin-1]

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.

Yes, the teams are cashing the crypto currencies out when the ICO is successfully finished. In average, the one ICO gathers 20 million USD, so this amount of coins comes to the crypto exchange markets in order to be sold. Some ICOs adopt not only ETH, they receive BTC, therefore Bitcoin is under financial pressure in the downward direction too.

[uray]

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.

It is hard to imagine a rally in the future because of the said things but i am expecting some movement when the market recovers, most of the projects have cooled down and i am not even sure how many genuine projects are successful and with regulations coming up, it is hard to see any rally coming up in ETH.

[ceferov]

ICO's are calm down but there are still lots of projects which still using ETH blockchain. It will recover I believe when BTC comes to normal price and stabilizes a bit

[markint]

I believe that ethereum should not be underestimated in its potential, as it has been one of the few cryptocurrencies that has been able to maintain a solid community of supporters throughout its existence, and its team of developers has shown sufficient commitment to find practical solutions to the continuous challenges it faces in an increasingly competitive market.

In fact, the trust that many ICOs have had in the platform of ethereum to capitalize their projects is a solid proof of the reliability and potential that this altcoin still has among the crypto-enthusiasts, and this should not be considered as a weakness.

[Harriti]

I think you shouldn't be panic just because of ETH price is falling at the moment. There are so many cryptocurrencies on crypto market and ETH is not the only cryptocurrency falling at the moment, even BTC is also falling as well. I think you should believe in ETH cause it's the best altcoin so there are no way or nobody can stop ETH rising back in next few weeks

[RoccoSiffredi]

Come on! All cryptos are down these day, some even 90% from ATH. ICOs have the poor performances because they pre-sell discounted tokens which then get dumped on regular investors.
Ethereum is one of the strongest platforms/coins out there.