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I am thinking that these are one of the lower prices we are seeing as a result of rush dump and there should be a price correction soon - specially for DAO which will most likely be hard forked and so we would get a lot of Ethereum.

Any other opinions?

cornuto e mazziato?

How about you invest your hard earned BTC in something that you understand at least to some extend?

ETH can very well crash below 0.01 especially if BTC keeps going up and breaks $1k.

You are so optimistic, you think the Etheruem price could be kept abovve $10. But it is very difficult to say about the price.

I have a question I don't understand let's say I want to invest in DAO now since its at Pre Ico prices if I buy and hold NOW from say Bittrex what will happen to my DAO holdings if there is a hard fork will I loose my DAO. Also goes for ETH thank you

It is difficult to say. The DAO is at 0.60% of Ethereum price now. It is supposed to be 1%. So it is survives well, you should get 60% profit.

ftfy

+0.4/0.6 = +0.67

I think no, it's not the right moment to buy etherum at this stage because the exchange rate is keeping only decreasing and as long as it goes negative i would not recommend to buy because the chances to go even lower are high. I would wait a bit maybe until after the halving and then recheck how the situation is.

This is certainly not the best time to be buying DAO.  :D  I'm pretty sure the DAO is toast.

As far as Ethereum is concerned, I would stay on the sidelines until the developers issue better guidance on how they intend to handle this mess.

~~

I think it is a good question.  To the op buy both.  But do not buy more then you can afford to lose.

Extremely dangerous gamble in the short term , Bat shit crazy for long term investment

Ethereum needs to pull best solution out of bad options it have.

For DAO Spoetnik answered.

LOL. He's right; it will most likely go down a bit more as the unbelievable news keeps pouring in about this. This is literally the plot of a fucking science fiction novel. We just need an intergalactic council to arbitrate :) But on a serious note, sort term, it will be cheaper (eth) in the near future, and long-term, the same applies. Why buy now when you know it will most likely be cheaper soon? Until they make a solid decision about the forkage, the price is hanging by a thread. Remember, eth was hovering under 9 not too long before all this DAO madness. And not for that long.

sounds like fun to me!

Yes i do, i have bought some ethereum and not DAO. Because ethereum has big volume and today i have saw the area of support price of ethereum. And i think price will be rebounce.

I decided to enter also into Etherium family.
I have been dreaming for long to own some Etherium but now I saw the price came to more affordable levels so I lost my Etherium virginity.
I think Etherium has bright future and chances are the price will restart climbing and ETH rises stronger than ever before from this.

Disclaimer: I can be wrong also with this. It is sort of risky investment, but I am not "all in" so I am able to sleep my nights well.

Ethereum has had a MtGox level event and will either die or be perma bear market for months/years.  They've shown it's completely useless to have a low level scripting language for contracts.

The price could drop a bit further in the next few days when there are more legal argument about the validity of the "theft".

Obviously long term bear market is possible obviosly. I am not too much into it and I have placed some bids that are not filled so far (I missed the bottoms of yesterday).
Each coin will have their rainy days, the best ones will be polished and get stronger and the weak ones will become obsolete.

It's the best buying opportunity of ETH that you will see for a long time. BTC on the other hand has pretty much peaked due to the Halvening. In summary buy ETH, wait to see on DAO, and ignore BTC as its now peaked.

I still have some funds reserved for buying it, and no I am not going to be all in.

Fault wasn't with Ethereum code you r0achtard. As you well know.

https://pbs.twimg.com/media/ClVWqWgWgAAsnM2.jpg:large

None of this should be surprising to those involved in Opsec and/or are developers

DAO is trading at 0.64 ETH right now. Here's a good analysis of likely outcomes:

https://steemit.com/ethereum/@hisnameisolllie/the-dao-is-finished-what-does-this-mean-for-the-price-of-ether

(1) Soft Fork + Hard Fork....................... DAO tokens will be redeemed at 1.0 ETH (56% return)

(2) Only Soft Fork, 30% of DAO Frozen.... DAO token redeemed at roughly 0.7 ETH (9% return)

(3) The Shit Show Continues, Authorities Get Involved, legal action, etc........ DAO tokens end up worthless 


So it's really a scalping vehicle for semi-automated traders that can do it on multiple exchanges...
The kind of crypto you can flip over and over for about 3%... and hope it doesn't tank.

One thing to keep in mind is that massive Ethereum conflicts of interest work in your favor...
The Top 50 accounts own 43% of the DAO... and these are not random people, but Ethereum Founders who want to be paid.

Considering the DAO is not fixed and more ETH can still be stolen not a great investment.

It's a fault in both the way the DAO was written and the design of Ethereum language used for scripting.  This is on top of the fact that Ethereum was just an IPO scam in the first place designed to enrich the coin issuer, and it's impossible to actually make a decentralized network using a recursive, closed entropy system.  Ethereum is a scam plain and simple.  It is not a "decentralized" anything.  It's a flat out centralized scam.

Incorrect. The fault was DAO code. If it was ETH then where are the repeated spam attacks on the etherchain? Nowhere as you well know. Quit fudding. It's pathetic.

You're the biggest Eth shill on this forum and you have a PONZI scheme in your signature.

Currently ETH is probably not a good investment. If you're looking for something similar, take a look at LISK.

LISK is a scam currently run by a couple of failed cold fusion devs. Sell at the earliest opportunity.

I think he was referring to Ethereum as a platform rather than Ethereum the coin. The problem is the only reason for the coin to exist is to utilize in smart contracts written using the languages of the platform. Otherwise it's just one of many coins.

Anyway it still seems an expensive price taking into the account the vulnerability of that altcoins.
But like everything in life, you need to plan very well your investment decision, spending only the amount that you can afford to lose, prioritizing more secure assets like the Bitcoin itself.

Congratulations:

That is now officially the stupidest comment ever posted here.

Your prize ? Embarrassment.

Absolutely NO!
DAO is dead and recovery can do nothing about a dead body. Eth is in danger as well: Most of the optimism about Ethereum was about it being capable of supporting smart contracts in a flexible and unlimited way a feature that is proving to be more complicated than what a teenager can imagine it is a very strong weakening factor in long term and for the short term their rock star is busy messing with the core concept of a decentralized cryptocurrency: They are doing a hard fork to get their money back! Ethereum is done, forget about it.

After all, the ETH trolls might have been right and I made bad trade here. Looks like ETH will not recover (at least any time soon if ever).  :'(

 
The price action is not encouraging at the moment. So it is better to wait and see. It depends on how the crisis is dealt with.

eventually everything will come back to normal

ETH will most likely go up after BTC halving. don't purchase before that unless you want to kill your profit.

Amen! Btc uptrends still tend the indicate alt downtrends. Until all this fork bullshit and the halving is done, you most likely aren't going to be buying the cheapest eth you could have. Basically, price is in the air til next month IMO.

that could be true. It is better to wait on the sideline for the  time being, unless you are big whale and can influence the price.

The Ethereum price is rising at the moment, it has quite strong support. The price is much higher than I expected.

I will never buy/trust DAO again, never!
About ETH it is different. I still think it is too early to rebuy. Investors need to be reinsured first. ETH dev's have to come with an official statement saying clearly what's their plan.

ETH trash is made for fast profit only, there are some whales in, and the whales wants the price pumping and dumping to make tons of money like they are doing since this trashcoin born

ETH hacked, DAO hacked? serious? accident or purposely to make the prices go down? whales buy cheap and then pump the prices again.......

ETH was "allegedly" hacked

100% "purpose"

Sorry for the bad english and stay alway this pyramid pump and dump scam trash coin.

I thought DAO is hacked, the Ethereum is stolen. But there is a possibility that the stolen funds will be frozen.

There is 80% chance that the "stolen" funds will be frozen. More than 80% of the minining power support the soft fork.

no matter what happens in the short term, there's enough eth and dao whales to keep it buoyant enough to inspire you into putting your money in. it'll probably rise too until one day the gravy train runs out of steam.

That could be true. The price rise may be caused by actions of very few but very rich whales, not mass adoption.

of course it is. where's the mass adoption? i haven't heard grandpa arranging to pay the lawnmowing guy with a smart contract recently.

the only thing eth is used for is making more bitcoin. most of it enters an exchange and probably never leaves it.

There is no mass adoptions at the moment. For the bitcoin, I have used it to buy things. For the Ethereum, I did not use it.

I have seen a couple of gift card places offering it as a payment option. once again that gets turned straight into bitcoin and then usd.

bitcoin's nowhere near mass adoption as well of course but it does have some real world applications right now.

eth is hot air and speculation. that's more than enough to make you money but people's profit hopes depend on a tiny number of whales and nothing else. i guess you can say the same about bitcoin but at least it's spread wider and further which counts for alot.

DAO is toast but I do not think Ether is going away. High price of Ether was $21.48 now trading at $14. While bitcoin could triple to $2000 in the next few years I think the upside to Ether is 10X. Two scenarios:

1) Ether rises and breaks the all time high. Wait for a pullback and buy.
2) Ether drops below $10, start buying and average down.

Watch the market cap of Ether. It is now no. 2 and if the difference in market cap between bitcoin and ether closes consider moving some bitcoin into ether.
 

yeah its really a shame that this forum has become basically useless full of fud and political bullshit
years ago i always used to read the poste here to get info on what people ar investing in and whats the current altcoin trends now its all fudsters telling you to do one thing while they do the oposite

no comunity here anymore eveyrone has an agenda pushing one alt over another all i do now is com here to see what the latest fud is.  you will do well to do the oposite of what the concensus is on this board its a total joke.

me i bought me 100K of dao and 200 more eth on the drop last week sold half for a nice profit put that into waves and rise for longterm bets.  Diversify bro thats all i can say 30% btc 50% eth and the rst of my portfolio is in rise waves lisk and dcr

https://www.youtube.com/watch?v=QDvQ77JP8nw

lol I rest my case

Cool. You got a lot of bitcoin to do that. I am just a starter with this kind of trend so I am hoping that someday I could do the same buying some alts that will provide good profit. I have some LSK and ETH now.

http://hackingdistributed.com/2016/06/28/ethereum-soft-fork-dos-vector/
Expect a DDOS attack on ETH soon.

The soft fork was reversed. I would like to know if the soft fork is possible to lock the "stolen" ethereum.

I will wait until after the soft fork. If the soft fork is successful and the hacked funds are froze, I will buy some.

The soft fork was a no go, as specified by the two posts that you quoted. It is amazing how much denial many Eth bagholders are capable of. ::)

There will not be a soft fork. But the community is discussing about a hard fork and its implementation.

Keep calm, bottom not reached yet.

You have until the fork at least. No one knows what mayhem is going down on that faithful day; I'd put in a really low bid (crash bid low) or play it by ear if you really want to invest in this. Good luck, and be careful.

I think the price of Ethereum will drift for a few more days at least until the fork. Then it will find a direction.

There is no concrete decision about the hard fork yet. The Ethereum community is still discussing about that.

There are still discussion:
https://www.reddit.com/r/ethereum/comments/4sp9p4/8_days_remaining_requesting_an_update_on_hf/?st=iqm1ictb&sh=490382c8

https://www.youtube.com/watch?v=Ik4DpbVQxlA

Ethereum Hard Fork is Now Planned For 20th of July
http://cryptomining-blog.com/8108-ethereum-hard-fork-is-now-planned-for-20th-of-july/

So we do not have to wait for too long to see the effect of the hard fork and the acceptance by the community.

We can wait for a few days. If the hard fork proceeds well, and the price rises as a result, we might buy some.

The hard fork proceeded very well. We have two chains now, the ETH and ETC. The combined value is higher.

If there are two chains, it means the hard fork did not proceed well. If it worked, one chain should be dead.

There is no need to worry about that. In a few months, when the DAO hacker dump his coins, one chain will die.

This will not happen. It will be stupid for the attacker to dump all his coins now. It will only create risk of getting caught. He will wait and slowly sell little by little without upsetting the market which is the smarter move.

As long as there is a possibility that the hacker will dump the Ethereum, the ETC price will not rise.

I mine the ETC when the profit is higher than other coins. But I sell it straight away as it is too risky.

the Dao dies with the hack and now ethereum may dies with it too but since ethereum is so much bigger and has a lot of whales in it, so it can survive a lot longer.
also now is the time for etc to be pumped a lot.

These whales are not believers of the Ethereum. They will just chase the profit and kill the Ethreum  if necessary.

We can buy some ETH now. Vitalik said he is with ETH.
https://www.reddit.com/r/ethereum/comments/4vurb4/vitalik_buterin_on_twitter_i_am_working_100_on_eth/?st=ireg7ymy&sh=24ec80ec

I also saw on reddit that most of the developers will support ETH only. So there will be fewer support for ETC.

The ETC users have to employ their own developers. That could cost them some money without big holders.

The DAO hacker is rich enough, he has over 3 million of ETC, he can pay the developers to develop for ETC.

Even though he is rich, he will not care about the benefit of the Ethereum community. He is in for the money only.

That could be right. He can short the ETC now and make a lot of money by shorting like he did with the ETH.

That could be the reason why the ETC price is dropping now. It has dropped over 40% in the last week.

The main reason why ETC is falling is that the hype is over. Simple. Now it is time for it to develop fundamentally so that it will gain real value, not hype value. One thing to always watch out for in ETC is the hash rate. If it grows quickly expect long term growth of the coin.

The Ethereum Classic is independent now. So it will find its own developers. I am not sure how can it find good developers.

If the DAO hacker donate some ETC to the project, then it should have enough money to go on for some time.

I cant believe I'm saying this after how iv been defending it but I'm going to go with no, after today's news I sold all my ETH

If you do not like the ETH, just sell it. There is no problem with that. I sold all my mined ETC as I think it is a pump and dump coin.

What happened?

Nothing usually happened. There is news every day, and there are selling every day. In fact, I have bought some.

I have mined some Ethereum, and hold for the short term at least. If the price trend is going higher, I will keep them.

I have traded some Ethererum. But it is not too profitable. The volatility is too long at the moment. The price is quite stable.

It seems there is still a lot of people buying DAO tokens, 10% increase in the last twenty-four hours.

VB is embracing ETC as well now https://www.reddit.com/r/EthereumClassic/comments/50k0wr/vitalik_buterin_softens_on_etc_a_nonnegligible/

Even if the hacker is selfish, it will be in his best interest to get developers to improve ETC so his profits will keep multiplying for a long, long time.

I think it is very bad for ETH.

Vitalik Buterin Softens On ETC: "A non-negligible minority that feel strongly [ETC]… am surprised by the level of [ETC] adoption… there are times when a split can increase total value… [ETC] is a positive value event… a version with their [BTC's] philosophy". (a16z Podcast, Aug 30, 20:30-25:10)

DAO after hack and dilisted to poloniex
this price always down, i think dao not competitif coin again

There is no DAO any more. It has been dissolved. We have the Ethereum and ETC at the moment, they are competing.

There is no any places where DAO can be traded so it will remain as bad name for future only and what a huge failure for crowdfunded projects with record of most huge digitally crowdfunded project.

just prove that huge projects can possibly fail still. I have invested a lot of that project and bought a lot of ETH just to acquire them and end up losing my money instead. I could have dump the first time I've read the hack story but was wondering if its just a FUD lol

Tragedies happen... ;)
I never went in for Ethereum as I just had an allergy with the name itself... :P
No other personal issues, though... But I thought that this thing was just a pump and dump and it actually proved to be one...
It was a great idea by Vitalik, which others took advantage of and ripped it...