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July 03, 2016, 02:33:30 PM |
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Avoid DAO, it's like an infection you don't want to have.
If they hardfork, ethereum loses all credibility. If they only softfork to lock the funds, the DAO tokens will be worth about half of the initial buy in due to the limited ether remaining, which means the price cannot go much higher than it is now. Furthermore, the project is likely to be canceled and people will be able to return their tokens for eth, which may cause a massive sell off of ether bought just for the purpose of buying DAO.
NEM is a very cool project. I have been interested in it since the start and they are finally being valued how they should be. I think there is still room to grow, but consolidation has to happen first. It seems to hold well around 1400-1600 now, but a new pump may take a while to start.
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