Every person watching cryptocurrency will take note of the BAT ICO which sold out in 30 seconds today. Ethereum has become the NASDAQ of cryptocurrency. If companies and crowdfunded projects can all launch on Ethereum, and raise ICO's of 30 million in 30 seconds because there are so many profits in cryptocurrency, developers and investors will be launching more projects soon on Ethereum. Obviously, there are already many projects in the pipeline. We should expect similar treatment for all decent ICO's that launch in the next month or so, so long as profits remain in cryptocurrency and the attitude has not changed.

This makes Ethereum more valuable because with it, you can now launch crowdfunded projects and raise millions within seconds, intrinsic in its system. Maybe bitcoin will rise to get ETH to this valuation? Maybe ETH will surpass bitcoin now?

Either way ETH has to go higher now. Would be nice if I still had my 1,300 ETH tokens I bought in 2015 for 80 cents each!

I do not like ETH technology long-term, the system is a bottleneck, but none of this matters for the next 24 months. Whatever platform works is what people use today, and EOS and Tezos are not here yet. Today, there is ETH and it has become something due to first-to-market strategy. First to market strategy can persist for years because once capital is tied into something, it tends to attract more capital.

Ethereum can still be upgraded too, so it may solve some of its issues in the future.

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