Why we may see ETH at 80$

Since the beginning of 2017 eth started to get lots of attention and good news on main news sites and the buying started.

Up until March you can notice a steady and controlled climb, but ICO´s started popping left and right, most people getting in only to sell the coins after they get into the market, for a profit.

photo Screenshot 2017-07-16 17.04.04_zps3imp6ush.png

Greed had taken over Ethereum at this point, some ICO´s getting 100million , and most recently tezos got 200+ million, these numbers are insane.

I then realized this could be the short-term demise of ethereum, and that is what got me to go all in fiat until I see a buy signal later in July, or even in August.

photo Greed_zpszfnopjoz.jpg

Projects will not get better or faster the more money people pour into these things, I hope the overall public realizes this and hold to their coins instead of giving them away like candy to these projects.

If you liked this small analysis re-steem and upvote!

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