is this the end of Ethereum?

in #ethereum7 years ago

Trust me,

This is not meant to be a scary post, nor one that would drive some negativity but am worried! and I need expert opinion.

So, yesterday, the Status ICO got people loosing millions of their hard them cash due to congestion on Etherium and mainly because some ICO was going on? -10% volume already got lost within 24hrs!

See image below!
xxxxsdd.PNG

So my big question is.. Is ICO the major factor Ethereum was going to the moon?

If the answer is yes, then there is need to get worried because CIVIC would be launching their ICO in less than 4 hours and you can purchase their ICO using bitcoin. See the CEO post below

sc.PNG

Is there a way out of this? I am an Ether investor and am concerned.

By the way: This is my first post, I am new to STEEM :)

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I believe strongly that ethereum has all it takes for a bounce back... only time would tell...

Yes, Chiemela. Etherium is huge! and has more use cases. Maybe when bitcoin has been more proven to be used for ICOs it would reduce the congestion!

So are you just looking for people to reassure you or something? Going by your reply to a comment.

What is your own?

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