Do you mean altruism?

Also, my bet is on #2, I think Satoshi is gone, RIP.

Technically, until bitcoinlitcoinbtcltc agrees to the above, it's not really a bet.  Losh11's initial offer was just that, an offer.


^^ Sounds like a one-way "bet" to me.

If I had a ton of coins I wanted to sell, that's what I'd do.  But the question is, how much time do we have?  Worst case scenario, the ETC price will crash and then he'll want to panic sell to get what he can.  Best case scenario, the ETC price rises, in which case the market will absorb the small amounts he sells over time.  I imagine the "hacker" is savvy enough to know how this all works, and will not risk destroying the ETC market.  If he's smart, he'll devote his efforts to strengthening and bolstering ETC, as this safeguards his wealth.

I'm going to buy a cake, and host a halving countdown party, we're going to count it down like a New Years celebration.  3... 2... 1... Happy Bitcoin Halving!!!

In markets, perception matters more than reality.  ETH is perceived as vulnerable and uncertain, and confidence is low, so people sell and the price trends down.

I voted between 0.01 and 0.02.  Hell I remember trading the ratio when it was between 0.02 and 0.03.  I feel like a lot of wind has been taken out of LTC's sails due to all the other new alts hitting the scene, but when the fanfare dies down I expect LTC will gain back what it's lost in the last couple years.  Stability and simplicity are worth more than bells and whistles. 

Any "investor" that gets their ETH back as a result of this hard fork would be stupid to do anything but sell it immediately.  ETH will collapse soon after the fork is realized.

I bought in to ETH at sub $2 price, so to me I could easily see $2 or lower ETH after this.

I bid 0.20 BTC.

If you think that both LTC and ETH will soon reach USD parity, doesn't it make more sense to wait for LTC to hit $1 before buying?  Personally I don't think LTC will drop to $1, I think it's primed for a good upward trend.

The ramifications of the DAO/ETH hack haven't even begun to occur yet.  Wait till the fork happens or fails to happen, the child DAO matures or is overwritten, the lawsuits get filed, and the investors bail if/when they get their precious DAO ether back.  Until then, enjoy the short term ups and downs, but unless you're a day trader trying to make money on the short term moves, stay away.  Ether is not good for long term investing right now, it's far too uncertain.

Upgrades and offerings are irrelevant to what makes a good currency.  Is the US Dollar or Euro a bad currency because it doesn't have any upgrades or new offerings? 

Here at the forums we're on top of this news and follow it closely, but the outside investment community is still learning about this, digesting it, and is yet to fully react.  ETH will definitely trend lower for the next week or so, and then at the 21 day mark when the child DAO either is released or is forcibly stopped, either way on that day those still holding their ETH will dump anew. 

Even if you still believe in ETH, stay away for the next month or so until this all fleshes out.  Markets hate uncertainty, and ETH is nothing but uncertain right now.

Coblee, with Satoshi out of the picture now for a while, is the ONLY developer who truly understands the necessity of not screwing around with his coin.  Remember, the whole reason BTC/LTC work is because they are a digital approximation of physical gold and silver.  The only way they work is to ensure they mimic physical gold/silver as close as possible.  Back in the wild west, if a robber hijacked your caravan and stole your chest of coins, there was no central authority to invalidate the coins in the robber's hands and make the victim whole.  The value was inherent in the coin itself, nothing else.  If you start a precedent of voiding transactions you don't like (for whatever reason), you're removing the value from the coin and transferring the value to the central authority.  And this is why you can't do it, because in doing so you pull away from the basic necessity of crypto being a digital version of physical gold/silver.

Dude that post in the OP link is over a year old.  This is not Coblee responding to the DAO fail.

I think you're right, the spotlight will hit LTC again soon.  My best guess is, after the halving and BTC stabilizes roughly double what it was a couple months ago, newbs and investors without as much money will once again look to the "silver" to bitcoin gold.  No doubt LTC will shine at that time.  Not sure we'll hit $50 though. 

Don't trust anyone, there's no way of knowing if this guy is the same one who authored the OP letter.  For all we know the real DAO Attacker is keeping quiet, keeping his true plans to himself.

Exactly.  Even if done for "good" reasons today, this proves it can be done for any reason at all.  Got smart contracts the government doesn't like?  Shut it down!

You can also still trade your ETH on btc-e as of this post.  I had ~160 ETH, dumped them all an hour ago and bought back into BTC & LTC.  Not sure if/how ETH will recover from this. 

I can't help but wonder if he/she thinks he/she's buying a funded coin.

Tagging - may bid later, may not.