Reason why Ethereum tanked to $70 today!

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The $70 dip today

Ethereum is currently having scalability issues due to an extremely badly designed ICO (which has been warned about this happening) . The ICO I'm talking about is Status , an open source mobile DApp browser and messenger built for ethereum.
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Status has been warned about this happening for some time now. Due to the huge ammount of traffic to this ICO, THIS HAS HAPPENED!

ETH trades today have gone up to 300,000 trades, an all-time high!

I believe this is just to see how early eth technology is.I expect the price to recover, one might even consider this a decent investment opportunity. For anyone getting in at that $70 dip, I gotta say, damn, you were lucky!

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