the only usage is for ICOs and they have been dying or losing their market at the very least as they either get banned or people simply stop trusting them anymore.
as for its supply, it is huge already. we have passed 101 million ether already and there is no max amount to it either. we will see it increase indefinitely.
in my opinion the real value of it is visible on ETC so ETH should also be wort the same or at least near that price which is why $50 was my choice.
what do you think?
During the past week we believed that the price would be collected a bit and I regarded such levels as only a dream but I have been experiencing a great shock in the last two days. Ethereum has entered a very fast decline trend due to various negative conditions such as the rapid decline of the price level and the decrease of the market volume, and it has not survived this pressure. Especially in the last two days, the result of losing momentum is that it will no longer be possible to meet the price in the short term, while many investors are targeting lower points. If these points are reached, it is always necessary to keep a corner of our mind that the price can reach two figures.