The free market determines the reasonable price, and it looks like the hard fork was priced in before it happened. You do not see investors who were refunded dumping their Ether so far. The price of Ether even rose immediately after the hard fork.
But I feel sorry for them because their original plan with the DAO is not doable anymore whatever that plan is. More FUD from a typical Spoetniktard... If you don't know what their plan is how can you proclaim to know whether or not it is doable?!? |
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i think DAO must give a bounty for those who will give information about the hacker.
They know who the hacker is, and he actually have lawyers trying to prove the attack wasnt illegal(it was part of DAO's concept). Leaving my front door open this morning doesn't give you licence to steal from me. |
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What do people make of this development? And possibilities regarding trading.
It's completely open to replay attacks and is unsupported. Gud luck trading on that. |
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ETH will keep dropping as people are uncertain that the hard fork is successful. Even then, it will take some time for people to regain confidence in ETH.
For now, ETH won't rise as confidence will be lost after the DAO hacking.
The weak hands will be shaken out the tree. Those of us going long don't care so much for any shorterm fall. If successful I think the HF will demonstrate how great the ETH community is in its time of need. And this is what investors and big money will like to see. Hah! yeah right, if that were true you wouldn't be constantly shilling when you know the coin is toast. This guy is gonna dump his bag as soon as he thinks he can get away with it, people don't be fooled into buying it from him. ETH is a long term hodl. Nice try at fudding though. If the Ethereum price does not drop below $10 in the next two weeks, there is possibility it will be a long term hold. weak hand above me imo; $10 is too high & two week is too short! don't hold your breath for it! even if hf goes through no probs many dao holders will be dumping their eth! i say it'll drop lower & will take more than a few weeks for the dust to settle! Get the shorts ready and don't forget to bail before the squeeze!  The people who think the Ethereum price will go down should short the coin and prepare for the short squeeze. Most of the Ethereum trolls do not have the bravity to short the Ethereum as they are not sure about that they said. Exaclty. If you want to short ETH then short it. Just quit fudding already. ETH is a long term hodl for me so I don't care less for short term movements. In fact the way the community has responded to an attack with full consensus and support is astounding. |
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It's taking too long to pop
That is right. I think the price could inflate again after the hard fork if that fork is proven to be successful. So far, the hard fork is quite successful. The hacker will not get back the stolen funds. Will he sue the miners? How can a thief sue the victim? That's like saying a thief could sue the home owner who left his front door unlocked just because he got his stolen goods back from the thief!?!? He didn't steal you bird brain. Wake the fuck up and look at the facts. He is not a thief. He used the written law. Incorrect. He is a dirty thief who simply tried to take advantage of an exploit. As said its like if I leave my front door open is that an open invite to steal. No. Besides if he's not a dirty rat thief then why the anonymity? Get a grip. |
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But classic chain is open to replay attacks. Gud luck with that one.
And the so called new 'main' chain is open to hardforking whenever the miners dont like something. Imagine if the top mining pools just decides to hardfork whenever they want, these stupid ETH investors will just eat anything. Have some dignity folks. How can ETH investors trust the network? Highly doubtful. This was an unprecedented situation and the community responded with consensus. It illustrates how strong the community is to pull together. Rather this than take a chance on some unsupported classic chain. |
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It's taking too long to pop
That is right. I think the price could inflate again after the hard fork if that fork is proven to be successful. So far, the hard fork is quite successful. The hacker will not get back the stolen funds. Will he sue the miners? How can a thief sue the victim? That's like saying a thief could sue the home owner who left his front door unlocked just because he got his stolen goods back from the thief!?!? |
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Last chance to get out before the long winter ...
The weak hands will be shaken put the tree. Who cares really anyway as ETH is a long term hodl. That could be right. After this fork, it showed that the Ethereum community can unite and do something useful. All within a tight time constraint and all with consensus. Something Bitcoin has repeatedly failed to do. |
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So ethereum got hardforked, what is your opinion? This is mine: OMG ethereum forked and now it's worthless...
In my eyes it is, i simply cannot trust a currency that can be manipulated at will, its no different than fiat. We should avoid this at all cost in bitcoin. Also there are 2 chains now hilariously, Ethereum and EthereumClassic , WTF? Ethereum exists on both chains, and the Classic chain looks like could gain legitimacy as well.
Not to mention the trust and immutability is now permanently damaged. But classic chain is open to replay attacks. Gud luck with that one. |
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Sorry to dissapoint Bitcoin hardcore followers but the news is that Ethereum is better in every field and will soon surpass Bitcoin's market cap. It's because Blockstream / Core shitheads fucked it up + Ethereum is really good from ground to top. That much is clear, don't stay deluded for too long, Bitcoin is losing it, and you will lose money......
Indeed. Ethereum community pulled off a successful HF within a month, under time pressure, and all in consensus. Bitcoin can't even agree to increase block size years later. BTC is scaredy cat to attempt a HF. |
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Please tell me i am not the only one that skips spotnik's posts.
Nope. But the more pertinent question to ask is, who bothers to read a Spoetniktard post??? |
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It is good that some people will continue with the the Ethereum Classic. Those bitcoin shills can support it. Yup and the classic chain is open to replay attacks. Have fun with that Spoetniktards. |
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$1 bln market value  I didn't know Ethereum was such valuable coin. Why do people like this coin? Because it has fantastic community, support, devs, and backers. Look at it this way. Ethereum managed to implement a successful critical hard fork in under 28 days all with consensus. Whereas Bitcoin can't even implement a hard fork block size increase after years of squabbling. Congrats to the devs and community and all ETH hodlers. #TogetherWeAreETH |
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Lmao, crypto media is probably the most corrupt and incestuous in the entire world, I'd rather read news bulletins from North Korea. The fact is the entire premise of Ethereum has been undermined and it's now just a shitcoin plaything for traders and their pumper buddies in the crypto "news" space.
Whatever you say Einstein. |
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Hi,
I'm confused..
The hard fork.. Is it good or bad for the future of ethereum?
i think etherum ETH still good coin high community is use etherum coin high volume transcation indicator altcoin good or not we can see is volume transaction until know ethereum is volume transaction number one altcoin is volume transaction in better than good litecoin or dogecoin only under bitcoin is volume transaction eth ETH is obviously still good coinage. Fantastic community, devs, backing, and support. Everything all these other shitcoinage desperately want. And need. |
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I dont understand what YOU dont understand. You basically are saying that 80% of people didnt vote so the chain shouldnt fork because too few people voted. Pools held a vote, pro fork option won so they decided to change their stance to pro fork. You are expecting pools, or anyone else, to take a decision based on the fact that they didnt vote ? People voted yes, so pools followed that vote. If these people that didnt vote went silent on purpose, that means they want the default non updated dao chain right ? If this is the case, why isnt there a dominant 80% chain with 80% hashrate ? No one is forcing miners to stay on a pool if it decides to follow a decision or another, they can move on a pool that doesnt support the fork, or create one. Or solo mine. They knew for a long time that and had time to adjust, but they didnt, which means they simply didn't care and wanted to follow any decision that would be made.
As i said, you are stupid. You may think ethereum is bitcoin where pools equals chinese mining farms, controled by single entities. Not the case here, pools like dwarfpool are made of thousands of miners (16k+ workers on dwarfpool atm).
The guy's simple as fuck really. He even signed off his last post as such. |
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Looks like you guys didn't read the article. No worries.
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Last chance to get out before the long winter ...
The weak hands will be shaken put the tree. Who cares really anyway as ETH is a long term hodl. |
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The perpetrators of a sickening heist are hopefully to be denied their ill gotten gains. As a hard assed businesswoman I'd be encouraged by how the community have pulled together to right a disgusting wrong.
and what happens when there are hundreds of millions of contracts operating and the biggest of all requests a hard fork? or maybe ten or fifteen request hard forks? would you consider entrusting your mountain of business to something that can be swayed by the emotions and requirements of a certain number of users? that goes to show it's amateur hour still. something that aspires to run the world should not be so easily influenced. obviously it's good that something like this happens now, but it also undermines what the whole thing's supposed to be about. Are you dumb ? First off, this HF only modified the dao exploit, nothing else was rollbacked, as some fudders would like us to believe. Second, most miners seem to be pragmatic, not allowing theft and PoS being threatened, therefore blockchain's existence by allowing to create the biggest ill intended whale in ethereum. Wow, do you people even think about these things ? A HF is 10 times less worse than no action at all. Not to mention the HF was an option only because the ether was stuck in the dao and the hardfork didnt rollback anything except the dao itself, otherwise HF wouldnt have been possible. So if you or i lose 10mil ethereum, there wont be a hardfork because they would have to rollback the entire chain for us,not just "our dao". Relax fella. That Spoetniktard sockie is just trolling you. They can't be that retarded. Can they? Do not take him seriously. Look at the Ethereum price after the hard fork. It indicates the hard fork is a success. So far so gud: ETH UP 14% DAO UP 11% |
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I understand that what the hacker did was immoral and I don't like that, but he did stay within the rules (contract) of the ETH system. A contract is a contract.
No company will risk putting their assets into ETH since contracts evidently mean nothing to the community and can be broken. If the community wants a world where contracts can be broken, then by all means let the community do as it wishes.
No he exploited a contract. Anyway you fudder and haters will always hate whatever. Gud news is that the crypto media are all behind the HF and incredibly positive. You need to learn to move on because there's nothing here for you to see now. Aren't funds still locked in most exchanges? Major sell offs incoming.. 8 mill eth withdrawal https://etherscan.io/address/0x53d284357ec70ce289d6d64134dfac8e511c8a3dNo exchanges were and are still functioning. More FUD. Not FUD. Kraken and Polo both disabled withdrawals and deposits. Before crying FUD you should actually know what you're talking about. https://poloniex.com/press-releases/2016.07.15-Ethereum-Hard-Fork/http://blog.kraken.com/post/147619017767/on-the-ethereum-hard-forkkthxbi Yes you are fudding. You could still trade ETH on tokens. "Trading will continue as normal during the fork. All ETH on Kraken after the fork will be tokens of the winning chain" |
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