It's 50/50 at the moment, ETH is just hanging on by a thread. I'm actually surprised by its resilience past 12 hours, I thought it was gone for all money. Back to my point about thinking there's a continuous bias to the upside, one needs to be very careful. ETH's value is based on an idea and the market can get the initial value wrong and decide that value is too high. The market can then settle in a range much lower than your buy price for an extended period of which you run the risk of some technological or political disruption occuring that wipes out your investment completely. The moral of the story, don't assume a continuous bias with cryptocurrencies and use your signals to enter and exit like any other security.
https://www.nytimes.com/2017/06/19/business/dealbook/ethereum-bitcoin-digital-currency.html "Move Over, Bitcoin. Ether Is the Digital Currency of the Moment"
Lol, just a sniff of risk and the market eliminates all gains for past 2 days in 30 minutes. This market will self-fulfil another big correction soon.
Bitcoin Miners Unite Behind Scaling Proposal Segwit2x India Inches Closer to Developing Cryptocurrency Rules It looks like much of Asia will be on board the Bitcoin train by year's end.