I completely agree with you about the current market resembling a penny stock casino right now. there are some favored YouTube channels (100k subs) promoting couple of alts in each video and they sometimes actually make 3 videos per day!
I have a question with regards to the bitcoin/ ethereum comparative standings. In an event that ethereum reaches 10 k$ in price by the end of 2018, what are your thoughts on price of bitcoin at that particular situation. I do think it is unlikely for that to happen, however given the fact that how fast the mentality of the market changes, I think it's prudent to consider the case for ethereum becoming more popular as time goes by. I should add that I believe in such cases bitcoin will still remain favored, however I cannot speculate a price. I hope you can help with that.
Another thing that I want to say is about people loosing faith in ICOs. you once said when things are out of favor it is time to look in to them. As for the argument of "no utility of cryptos", I'm observing a trend in which more developers seem to start caring about that in their projects.
In terms of investing I believe spotting potent ICOs will prove to be more profitable than chasing altcoin pumps in 2018. I have stumbled up on an ICO named DIGITEX, with ambition to provide a commision-less bitcoin futures trading for their users. I'm not trying to promote it, nor have I decided to invest in it. however, given the fact that it seems to benefit traders like us, I thought it might be useful to mention it and ask for your opinion.