Exactly. The "ICO Madness" will come back at us eventually, for sure. A lot, if not most, of the ICO's is unproven tech that probably never will be profitable, so what happens when they decide to extract their tokens and start paying their bills?
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Exactly, I think the price of Ethereum has already begun to see a lot of the negative impact. If they all raise ETH then of course they have to all sell ETH to get fiat or whatever else they use to pay their bills.
Word.