Whenever the price rises, the doom mungers are all over it, mostly the press who are liking cryptocurrency to the .com boom and bust.
I think they are wrong and I’ll tell you what I think will happen.
The bubble surrounding ICOs with worthless tokens and coins that mean nothing, generated with the sole purpose of raising large amounts of money and preying on the speculative investors. This will burst and there will be tears.
Ethereum will suffer initially with it being the playground of all these worthless tokens and coins. This will correct itself and settle around $150 - $200.
Bitcoin will increase in price and more will flood towards it. Those who are priced out of owning large chunks of bitcoin will invest in Litecoin and this will be tugged upwards on the rise of Bitcoin.
Ethereum will pick back up, but maybe not to the levels of Litecoin. Litecoin I believe could be the new viable token for smart contracts.
When will this happen? I have no idea, but I don’t think my prediction of how it will play out will be far away from reality.
Just my opinion