War is upon us.`
https://forums.prohashing.com/viewtopic.php?f=11&t=968
Not really, Ethereum Network has been been under sustained attack since July this year and many Ethereum mining pools have been under attack long before that, it was principally driven by combination of the following "Greed" (emotion) and "Win at any Cost" (no morals and ethics) and "Everybody does Crime" (no innocents belief system).
People made $1,000,000's from trading on ETH following "The DAO" attack and some of subsequent attacks - the people with Ethereum got wise to what was going on and stopped dumping their ETH on exchanges when news of every new network attack was published.
The people who made those huge profits, got very upset and simply threw a huge tantrum.
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The current price drop in ETH is unrelated to the network attacks, it is because there have been a large number of ICO's for Tokens or ALTs raised with ETH payments.
Anyway, as the ETH raised in these ICO's is sold off for Bitcoins or Dollars or Pounds or Euros or Yuan, to finance these new Tokens or Alts white papers, the price of Ethereum has dropped temporarily.