I think we are in a correction phase because people got their asses spooked when the fake news about Vitalik came about, the issues with exchanges and wallets like Poloniex and Coinbase spooked even more people, and then the Ether flashcrash went totally exorcist on the remaining holders of any kind of cryptocoin. People are now slowly coming out from under their beds because they realize now it actually a pretty good moment to throw some more greenbacks at the digital monies.
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