The ICOs longterm will help the adoption of ETH as a currency. ETH went to high too fast. That's the main problem right now as investors are still cashing out. You made a good point about how the ICOs cashing out into fiat are negatively affecting price. However, there's many more new ICOs happening that are going to accept many Cryptos not just ETH. In the future, I see stable coins being accepted and gold back tokens like DGX. Longterm I believe Bitcoin will control less than 10% of the market. As currency like Ether have many more use cases. Dash should con't to outperform Bitcoin by orders of magnitude over the next years as scaling and governance is not a problem.
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