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I am pretty sure, ETH will skyrocket the next week.
It seems like the DAO is accumulating a lot of ether, thats why the circulating ETH supply shrinks.
At the time of wringting DAO accumulated more than 11 of 80 Million Ether!
And a lot of people wait until the end of the ipo. I believe, it could be even 20 Million Ether in the end.
With more people wanting to invest in DAO and ETH being the only asset to invest, people have to buy more and more ETH, which makes it more and more expensive.
So in my opinion ETH can only skyrocket...

I am not responsible for your investment and this is only an opinion, but if this information was useful to you feel free to donate.
BTC: 18brPBR9c2eNuHMtzEhr9ayTxCBmipzrk7
ETH: 0x6D3f2BA856CcbB0237fA7661156B14B013F21240

It could go both ways Bro!

Of course everthing can always go both ways, but I don't think so. There is no supply to dump...
I can of course drop later, but not in the next days...

Only thing I get from this post is that you want people to give you cryptos.

If you are pretty sure ETH will skyrocket, why not make a bet with someone else with all your eth to see how sky high it will go?

I already invested in ETH and I don't bet. I hate margin trading...
Just thought, I want to tell some people here and also want to see how generous people are...

The curve of ETH accumulation for DAO has went exponential, and has now flattened out as the DAO reward per ETH has decreased.

The top in ETH is almost in, naturally, 'they' will let as many more kiddos pile into ETH as possible before 'they' commence with the dump....

.....wonder how all those DAO holders will feel when ETH, the vehicle to which DAO is tied starts to dump?

IPOs have always a lot of accumulation on the last days...

Trying to grasp the implications of buying BTC to buy ETH to buy DAO to invest in profit making ventures, coupled with the halving etc. makes my head spin like when I tried to learn about the role collateralized debt obligation played in the sub-prime mortgage crisis... for want of a better example perhaps!  :D

I would say that collaterlised debt obligations are easy to understand compared with this BTC-ETH-DAO ipo event, in one of the most volatile markets, dealing with a highly experimental technology..... CDOs were merely a whole bunch of mortages of various qualities put into a melting pot, distilled, and then formed into bars. These bars were then rated based upon the risk involved with how much of the CDO would stop performing. With the lower interest paying CDOs being consider low risk, and the higher interest bearing CDOs being considered high risk.....but who cares, AIG offered insurance on them all anyhow through their credit default swaps, so they were all AAA rated, which meant even pension funds could invest! Great!

DAO!? Automated organisation!? Holders of DAO vote to fund projects? Value based upon a highly volatile Alt Coin, that is in the midst of a humongous ramp and is currently priced way too high for the purpose which it is meant to serve?

.....I am sure it will all end happily ever after (for the ETH holders who dump the shit out of ETH after it peaks.......a few of whom are quite possibly those who are behind this DAO).

This DAO and ETH crap is tiresome, but im not gonna lie, I hope it pumps since me and a lot of guys that bought in are still hoping to get rid of it and make some extra BTC while the hype on those alts is still relevant, so please yes, keep it pumping up until it collapses. When are you going to dump? I think 15 looks good, maybe even 20 dollars! but doubling the price is getting harder now with ETH.

I really don't think real people buying m-etherium right now. It is crazy. There is an absolute bubble and they are probably buying their own coins just to lure more people in.

When ever you see M-eth rose, it may look tempting to buy and join the mania. They may even drive this bubble to 20$ or more but who knows, maybe they decide to burst it tomorrow!

My crystal ball shows me that ETH is not going to skyrocket anymore, that part is alrdy over. The price is overvalued/overhyped, it is maxed out.

Buying now is FOMO and you're ready to getting REKT.

why do you say this in this board? here is all about bitcoin speculation.

there is a dedicated board for altcoin that you should move this to!

ETH already started climbing yesterday. there is still 8 days before the IPO ends so during these 8 days, ETH will continuously go up and may not even go down after because ETH will still accumulate demands to buy DAO. I believe both will benefit.

There is usually always a rally in the last days of an IPO/ICO so chances are you will be right, you'll probably get more attention if you move this to the altcoin area rather than bitcoin speculation.

wrong, its  Economy > Economics > Speculation
Of course this is a bitcointalk forum, but seriously. Eth is economically also important in the meantime...

i think it is area resistent of price ethereum and a couple days the price will going down back to support area.

ETH <=> BTC <=> USD

Or, rather, USD => BTC => ETH. Bitcoin disrupted legacy fiat, Ether disrupted the legacy crypto, BTC.
Superior technology always displaces outmoded, inferior tech, that's the fourth law of thermodynamics. Scientific fact 8)

Why so much eth humping still? WE know it's up and being pump/manipulated to tell, good for treaders unless you buy at the top they it sucks for u.
It'll dump again before going higher i bet.

If ETH/BTC on Polo approaches ATH of .0372 I will definitely go short. That is probably closest to a sure bet I can think of. Lot of holders ready to cash out who missed their chance in March.

lol, the first correct MatTheCat prophecy ever.

20 million Ethereum to be locked into the DAO is quite a lot. But if the lead developers buy a lot of DAO, it is possible.

Good call. I sold almost all the ETH I had - it wasn't much - when it hit $13.xx, and sure enough I'm regretting it. Nervous in the service...

I am pretty much sure that Ethereum will be the top cryptocurrency very soon.

Just wondering what will happen to Eth price when DAO starts investing and all that Eth it took in is sold for fiat to support various projects. It just seems odd that the DAO drove up price significantly to only drive it down as soon as actual funds are needed.  Should be an interesting ride.

Yezzir. People will grow to understand that when profit is taken, ie the guys that brought the price from .015 to this current level (double) decide to cash out. If you were risking precious capital to feed your family /organization with the profits, at what point would you get off the train? Because 2x returns sounds like a great fucking point if you ask me.I didn't buy this because it seemed an incomplete idea, an essay if you will, now I regret not perceiving my brothers greed so that I might have capitalized off of it myself. But maybe better to let this dog lie.

Definitely time to get off the train before DAO starts cashing in. Once that ball starts rolling who knows where the bottom is.

DAO IPO will finish in 10 days, so there is plenty of time to get off the train. But the token price might rise.

does anyone know, WHEN DAO can use the cash? Directly after IPO end?

The DAO can only use the cash once it's been put to the token holders and voted on. Even then there's no guarantee that the token holders would vote for the cash to be released.

yea but in theory there can be a proposal and a commitment on the next day, isn't it?

"Accepting a Proposal requires a majority decision after a debating period of two weeks minimum, and a participation rate of 20% or higher calculated proportionally to the value of ETH requested in the Proposal."

No.

As with any trading gamble, it can go both ways. But it's also a self fulfilling prophecy prophecy with a positive feedback loop: the more it goes up, the more people join, and the faster it will go up.
That loop works the same when it goes down: the more it goes down, the more people sell their coins, which makes it go down even faster.

What does DAO stand for? Google tells me "data access object", which makes no sense.

OP nailed it.

Decentralized Autonomous Organization. Coming soon to an acronym dictionary near you. :)

thanks for the hint. but this simple math  ::)

i will hold until 20$ per ETH.

of course its simple math. as you said its a hint. But of course there is nothing 100% sure.

Why people need invest in DAO and ETH as the only asset to invest ? ETH can not reach Bitcoin user base at least next five years, there are not so many Websites, which uses DAO and ETH.  ;)

It probably wasn't created for people to actually use it in the first place.

I actually think ETH still has some sort of pump before it finally collapses. I don't know if it will correct again before this aforementioned pump happens, or if we will go higher than the current price, what im saying is, there's still some money to be made off ETH's ridiculous hype.

So the OP was right.

That prediction was very accurate. But the price is going down now. It dropped from 0.034 to 0.03 now.

Probably just a correction, eth was overbought.
Now it will go up again, till the end of DAO ICO, then we might see a big dump.

Now it is going up again. 0.0312 now.

To me it had already skyrocketed! https://www.coingecko.com/en/price_charts/ethereum/usd

honestly I expect still a little more to come, but I also can be wrong ;-)

I ment you can only use ETH to buy DAO.

I made a wrong judgement about eth, at first i thought its going to be another common coin like other alt coin, but now i regret i didnt buy eth, the price when i saw bitcoin was 0.02 now its up to 0.03

For the DAO to fund any projects the ether they took in needs to be converted to fiat. I read somewhere that one of the projects they were considering supporting was a car sharing business in France. You can't buy vehicles with ether and even if you could it would be instantly exchanged for fiat.

Basically the DAO has been used to drive up the price  of ether and as they spend those ether to support projects it will drive the price back down. Once the ball starts rolling people holding ether will sell as well.

The idea that the DAO ether are locked off the market is incorrect. Those ether must be sold to make investments. If the DAO does not sell it's ether to invest, the DAO will have failed as an investment method. The only locked funds are those of the individual investors who currently can't get out.

When the DAO hype comes to an end, the price might go down to 0.02 again. You can buy some at the time.

Maybe the price will drop to 0.02 in the next weeks, you can buy a lot then. But you may think the price will drop again, and do not buy.

The price of Etheruem is just 0.025 at the moment, it is lower than the bitcoin price all time high of 0.035, but it is already dollar price all time high.

The Ethereum price is very high at the moment. Many people think it will drop below $10. Why so strong?

The miners are not selling the Ethereum because they think the price will go higher. The volume is low.

The Ethereum price has skyrocketed, it is already the new dollar new time high. The price is over $15.

Ethereum price for me is over valued and i think instead of the price increase will come the of ethereum it will reduce and more people are converting their ethereum to bitcoin they know that bitcoin has a potencial to grow..

Definitely needs to go a lot higher to minimize the impact of releasing millions of ETH for conversion to fiat if the DAO becomes functional and makes investments.

How you can judge wether a coin is overprice or not? Maybe btc is way overpriced, not eth?

How much it Market CAP?  ;D Im planning !PAYED! working week + weekends. Hope somebody hire me  :-X
- Investing on bitcoins etc

Even ETH investors know its on its peak, the coin has zero practical use, DAO i scam, smart contracts can not generate any income, it will fall same how it risen!
The fact that its 90% or 72M premined will be its downfall, no one can stop it, and bullshit that eth is BTC 2.0 will blow like a balloon!

ETH trending very strong now and in line with BTC. A large buy walls are appearing so it's now or never to buy ETH at this cheap current price.

cheap and it was 1-2$ few months back, premined scam!

In 2 years time no one will care about ether. Name a single IPO coin that has made new highs for consecutively 3 years.

Upset on missing out?

I think so. Ethereum might be a scam, but so far, I think it is different from other scams, I have confidence in it.

Who are these idiots calling ethereum a scam lol

Even though Etheruem is not a scam by design, it has some flaw in the implementation of the DAO. You might have found in the past few days.

Maybe after the soft fork is implemented actually, the price will rise a lot. But for the time being, it is still fluctuating.

According to some slock.it, there will not be soft fork due to some DDOS attach vectors, There will be a hard fork soon.

It will skyrocket because ETH is a 90% "PRE-MINED" scamcoin made to pump and dump to make some whales rich fast like a rain.

Scamcoins like ETH usually pumps and dumps, ETH is the classic example.

Invest in BTC and LTC, safe cryptos

ETH is a ponzi pre-mined (90% of all coins are pre-mined) made for pump and dump, get out of this pre-mined shit

90% of the coins are premined. But if that is a pump and dump coin, 90% of the coin could be already be dumped to investors.

Not sure. I think Factom has a better chance. Ethereum need a new price discovery after HF. Might take some time

Ethereum now has lost its image after its hack, people will now never trust on it and will never invest too much in there, so the chances of the establishment if ethereum is much lesser.

Whatever you say Chief.

Time will show, till then just enjoy the waves guys...
but the sad thing is the story goes on... (on most of alts)

If the Ethereum recover from the hack due to the community support and vote by the miners, it will be stronger.

LTC:-) lol.

LTC is a clone of bitcoin and offers nothing now. It is a ASIC mine coin, so there is not big GPU user support.

The Ethereum price has risen over 40% since the hard fork. It is quite amazing to see the price is still over $13.

Ethereum Classic seems to be really picking up, now over 10% of the market cap of Eth with hash rate picking up. Promises to be both volatile and exciting in coming days.

guys I guess you are killing eth, if you go on with 2 chains...

There is no need to worry about that. The DAO hacker will kill the Ethereum Classic for us, there is no doubt.

In one thread, somebody said they have contacted the hacker and will offer legal support to the hacker.

Not sure what is going to happen now that ETC is here

I think the very same on this.

the dao exploiter is out to screw with eth. what could possibly work better for him than the creation of etc? if he's still out there somewhere I think he's gonna get behind it for the lulz.

It's not hard to realise what will happen.  ETC price and hash rate, it's security, is in freefall. From the 27th the DAO ATTACKER HAS 3.6 million ETC TO DUMP. Imagine he price and hash rate then.

DO NOT WASTE YOUR MONEY ON ETC!!!??

Yes let's see what he can do with 3.6 m stolen ETC and a hash rate collapsing of < 4.5%.

Here's a clue... FUCK ALL.

The hash rate is 18% of the ETH and the price is also 18% of ETH. So if the hacker dump, the hash rate will decrease.

If the hacker dumps then all his coins are in the market now. It will affect the price of course. But after the dump he will have nothing on the platform now. I don't think the hash rate will decrease even if the hacker dumps. There is no connection. There are miners who decided to point their power to the original Ethereum classic despite knowing that there might be a dump. That has not stopped them from mining at Ethereum classic.

Most of the miners are in for the money. If the price is low, and the profitability is lower, they will not mine it.

That is true. I noticed that the ETC price has dropped recently, so the ETC hashing rate also dropped.

In the last 24 hours, the ETC has risen about 20%, and it is more profitable to mine at the moment.

The ETC price has ready dropped about 20%. It is about 20% of the ETH price at the moment. so is the hash rate.

When the Ethereum Foundation starts to dump the ETC, the ETC price will drop further. A Chinese company also owns a lot of ETC.

When the ETC price is crashed due to the big dumps, the hash rate will also crash. So the ETC chain will not be safe.

I believe that in the next few weeks, the price of the ETC will be similar to current level. It might drop after big dump.

It might happen. We need the cooperation from the big holders of the Ethereum Classic, especially the hackers.

If the Ethereum Foundation dump the ETC to support its own development, then the ETC price could drop a lot.
If the Ethereum DAO hacker dump the ETC to take profit, then the ETC price could drop a lot.

It depends on the TEC community. If it has many rich supporters, they can absorb the dumps from big holders.

I am not sure about that now. It seems the ETC price drops day after day. It might be in the dump phase now.

The price of ETC has risen against the ETH in the last few days. Maybe somebody knows some thing we do not.

The price of the ETC is quite stable at the moment. It seems the DAO hacker has not dumped his coins yet.

Maybe they are just waiting for another huge buy on eth so they could earn even more higher if that scenario will be happen, and also i think the cause of stability is the ETC fame and eth now is struggling in battle against etc but maybe i think those price of eth will bubble in next coming days if the eth whales will comeback and do trade again for this coin but this scenario will be very difficult to getback since dao hackers are still hoodling there hacked eth.

The price of Ethereum rose to 0.024 during the big Devcon2 meeting. However the price has dropped 9% since then.

Ethereum should have weekly devcon so that the price will keep moving upward.

there is no need for that. As long as the Ethereum is developed properly in the long term, the price will rise.