Pic related. Many ICOs will be dumping soon. EOS move a big amount of their ETH to Bitfinex 2 days ago and they still have much more to dump.
We are in a bear market, most of these ICOs are scams and won't hodl for years or even months. If you haven't dumped all your ETH, you will get royally fucked.
Even when the market recovers, ETH won't reach ATH because of the ICO crackdown. Participating in ICOs was the only usecase that mattered.
I wonder where they'll be moving to... *cough* stellar *cough*
>ICOs was the only usecase
le mao faggit, get ready for round 2 this year, smart contracts and tokenization of legitimate assets are coming
>tokenization of legitimate assets are coming
they won't use a network controlled by a 50kg autistic Russian. They will use a federated network, like Ripple, to issue IOUs (tokens) or create a new network entirely.
>smart contracts
Smart contracts won't be used for anything serious because they are minefields. They also very expensive to use because of fees (average ethereum fee was $5 a while ago).
fiat, but if they move to another crypto it will be Monero or Bitcoin.
>ETH is fucked because it's used
what a weird argument
"$10 by EOY" meme is just one year off, apparently.
ETH bagholders on suicide watch.
lmao what ever happened to filecoin?
Trips of truth.
I'm holding 13 ETH, sohlud convert to BTC?