Agree, to a point. Using proof of stake is an important objective for the Ethereum blockchain model. Vitalik has said as much in conferences worldwide since Jan

Agree, to a point. Using proof of stake is an important objective for the Ethereum blockchain model. Vitalik has said as much in conferences worldwide since January of this year. The drop in price helps potential stakeholders too. But the real concern, and IMHO, the reason for the drop, may lie in the next big hurdle, which is creating applications based on blockchain contracts. It is a very different way of thinking about application development, and as such, may need more time for consideration. More like hypertext and the world-wide web was in 1993 than it was in 1996 and '97.