I have been telling people that Ethereum is not a store of monetary value. Today proved me right. The congestion on the network and people not getting their transfers / trades is serious for something supposedly being marketed as the next generation internet, "world computer", solution to everything etc. I'm sure tons of normal people are going to be pissed today when they see how FLAKEY cryptocurrency can be, and that the original gangsta of crypto, Bitcoin (BTC), is still the best storage for your money. I have sold ALL my Eth and Eth based tokens. Anything that looked like it used Ethereum technology (Wings Dao,iExec (RLC)) I already dumped. Tokens are garbage. The next big thing will have to be something else.
I d'ont know, a variation caused by the excess of people using the technology of 15% in ETH and what was promising in less than 24 hours ago is no longer useful now... this, I think, is the reason why cryptocoins are not taken to seriosly! People change their minds too fast! I still believe in ETH, especially after August!
belgian93
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We seriously took a hit, not sure if this is the end though. :)
But you should look at LSK if you look for a new investment