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Author Topic: DAO Fail!! Sell or hodl?  (Read 3389 times)
Minecache
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June 21, 2016, 01:06:53 PM
 #21

Sell out as long as you still can find buyers. Daotoken likely to go zero.

You can easily find buyers at the moment. If there is further drain of the DAO to hackers account, it could go to zero.

The price of both Ethereum and DAO are recovering. It seems people still have confidence in it. but it could also be a dead cat bounce.
Additionally BTC prices are crashing through the floor. Time to sell those BTC bags for ETH.

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June 21, 2016, 01:36:02 PM
 #22

Sell out as long as you still can find buyers. Daotoken likely to go zero.

You can easily find buyers at the moment. If there is further drain of the DAO to hackers account, it could go to zero.

The price of both Ethereum and DAO are recovering. It seems people still have confidence in it. but it could also be a dead cat bounce.
Additionally BTC prices are crashing through the floor. Time to sell those BTC bags for ETH.

Its a correction. Do you really feel better about The DAO and the hackers who are exploiting it, or btc when the halving is right around the corner.
laugh2btc
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June 21, 2016, 01:42:13 PM
 #23

Sell, no doubt!
Minecache
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June 21, 2016, 01:43:02 PM
 #24

Sell out as long as you still can find buyers. Daotoken likely to go zero.

You can easily find buyers at the moment. If there is further drain of the DAO to hackers account, it could go to zero.

The price of both Ethereum and DAO are recovering. It seems people still have confidence in it. but it could also be a dead cat bounce.
Additionally BTC prices are crashing through the floor. Time to sell those BTC bags for ETH.

Its a correction. Do you really feel better about The DAO and the hackers who are exploiting it, or btc when the halving is right around the corner.
So when BTC crashes it's called a 'correction'. When ETH does it's called a 'ZOMG!! ETH IS CRASHING GET OUT NOW!!!!'

BellaBitBit
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June 21, 2016, 02:01:15 PM
 #25

Not sure what to say for you to do - here is what I am doing...hodling.  I am hodling for the mere novelty of the tokens at this point.

I love Bitcoin
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June 21, 2016, 02:10:43 PM
Last edit: June 21, 2016, 02:29:20 PM by X-ray
 #26

So I have invested BIG in DAO and got slapped in the face with yesterday's DAO Attack.

What is the best move to do now??

1) Sell all my DAO with 50% loss?
2) Hold on my DAO and hoping it could regain its price back in another 26 days.

Is there any chance that DAO might actually hold value again? Or was this the death sentence and getting out is the ONLY way.

Would appreciate some input asap.

PS: I noticed a lot of BUY action for DAO in Poloniex exchange and that is confusing me more and making me double think b4 selling.
Sell all of your DAO, DAO is now near to death and it is about the time if i were you i would rather losing 50% of my trading money,than waiting the coin turn into dust.
edit: well seems the condition now reversed,better hold your DAO now cuz it's rising and ethereum too

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yelllowsin
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June 21, 2016, 05:21:04 PM
 #27

So I have invested BIG in DAO and got slapped in the face with yesterday's DAO Attack.

What is the best move to do now??

1) Sell all my DAO with 50% loss?
2) Hold on my DAO and hoping it could regain its price back in another 26 days.

Is there any chance that DAO might actually hold value again? Or was this the death sentence and getting out is the ONLY way.

Would appreciate some input asap.

PS: I noticed a lot of BUY action for DAO in Poloniex exchange and that is confusing me more and making me double think b4 selling.
Sell all of your DAO, DAO is now near to death and it is about the time if i were you i would rather losing 50% of my trading money,than waiting the coin turn into dust.
edit: well seems the condition now reversed,better hold your DAO now cuz it's rising and ethereum too

ha ha
iamnotback
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June 21, 2016, 05:26:36 PM
 #28

Sell all of your DAO, DAO is now near to death and it is about the time if i were you i would rather losing 50% of my trading money,than waiting the coin turn into dust.

edit: well seems the condition now reversed,better hold your DAO now cuz it's rising and ethereum too

ha ha

Licked-finger-in-the-air "investing":

razen489
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June 21, 2016, 05:29:09 PM
 #29

the dip but still good support  Roll Eyes Huh
https://www.coingecko.com/en/price_charts/dao/btc
https://www.coingecko.com/en/price_charts/ethereum/btc
RastoMan
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June 22, 2016, 10:13:05 AM
 #30

Sell all of your DAO, DAO is now near to death and it is about the time if i were you i would rather losing 50% of my trading money,than waiting the coin turn into dust.

edit: well seems the condition now reversed,better hold your DAO now cuz it's rising and ethereum too

ha ha

Licked-finger-in-the-air "investing":



I saw the pictures many times before. Every time I see it, I will laugh. It is happening to the bitcoin and Ethereum at the moment.
HCLivess
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June 22, 2016, 10:52:07 AM
 #31

I seriously advise you to sell on the closest spike.
The PR Expecto Patronum won't last much longer.
The Voldemort's ward is too powerful.

Tacalt
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June 22, 2016, 11:54:13 AM
 #32

I seriously advise you to sell on the closest spike.
The PR Expecto Patronum won't last much longer.
The Voldemort's ward is too powerful.

After the DAO crisis is resolved, the Etheruem will come back stronger. And it shows the strength of the miners.
RastoMan
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June 27, 2016, 12:55:42 PM
 #33

I seriously advise you to sell on the closest spike.
The PR Expecto Patronum won't last much longer.
The Voldemort's ward is too powerful.

After the DAO crisis is resolved, the Etheruem will come back stronger. And it shows the strength of the miners.

The Ethereum is going to change to PoS in the next year, by that time, the miners are no longer needed.
shyliar
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June 27, 2016, 02:25:46 PM
 #34

I seriously advise you to sell on the closest spike.
The PR Expecto Patronum won't last much longer.
The Voldemort's ward is too powerful.

After the DAO crisis is resolved, the Etheruem will come back stronger. And it shows the strength of the miners.

The Ethereum is going to change to PoS in the next year, by that time, the miners are no longer needed.

Yes and then the large stake holders will control it all.
Tacalt
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June 28, 2016, 09:44:46 AM
 #35

I seriously advise you to sell on the closest spike.
The PR Expecto Patronum won't last much longer.
The Voldemort's ward is too powerful.

After the DAO crisis is resolved, the Etheruem will come back stronger. And it shows the strength of the miners.

The Ethereum is going to change to PoS in the next year, by that time, the miners are no longer needed.

Yes and then the large stake holders will control it all.

that is my concern as well. I wish the mining can last a bit longer so that the distributions of the Ethereum will be more diverse.
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June 29, 2016, 06:40:35 AM
 #36

The Ethereum is going to change to PoS in the next year, by that time, the miners are no longer needed.

Yes and then the large stake holders will control it all.
In other words the guy who made Eth will be in control again. Well played!
How can so many people fall for a coin with centralized power?

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Kewatia
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June 29, 2016, 09:35:15 AM
 #37

Sell out as long as you still can find buyers. Daotoken likely to go zero.

You can easily find buyers at the moment. If there is further drain of the DAO to hackers account, it could go to zero.

The price of both Ethereum and DAO are recovering. It seems people still have confidence in it. but it could also be a dead cat bounce.
Additionally BTC prices are crashing through the floor. Time to sell those BTC bags for ETH.

It is quite difficult to judge or decide. The bitcoin price is still around $630 at the moment. The Ethereum price dropped a little.
Washika
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June 30, 2016, 06:57:27 AM
 #38

Sell out as long as you still can find buyers. Daotoken likely to go zero.

You can easily find buyers at the moment. If there is further drain of the DAO to hackers account, it could go to zero.

The price of both Ethereum and DAO are recovering. It seems people still have confidence in it. but it could also be a dead cat bounce.
Additionally BTC prices are crashing through the floor. Time to sell those BTC bags for ETH.

It is quite difficult to judge or decide. The bitcoin price is still around $630 at the moment. The Ethereum price dropped a little.

The Ethereum price is surprising high at the moment. I think there is a chance that these 3.6 million eth will not be dumped to the market.
Kewatia
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June 30, 2016, 04:08:49 PM
 #39

Sell out as long as you still can find buyers. Daotoken likely to go zero.

You can easily find buyers at the moment. If there is further drain of the DAO to hackers account, it could go to zero.

The price of both Ethereum and DAO are recovering. It seems people still have confidence in it. but it could also be a dead cat bounce.
Additionally BTC prices are crashing through the floor. Time to sell those BTC bags for ETH.

It is quite difficult to judge or decide. The bitcoin price is still around $630 at the moment. The Ethereum price dropped a little.

The Ethereum price is surprising high at the moment. I think there is a chance that these 3.6 million eth will not be dumped to the market.

If the 3.6 million is locked for some time or to be released to the holders in stages, it is much better.
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June 30, 2016, 04:25:49 PM
 #40


1) Sell all my DAO with 100% loss?
2) Hold on my DAO and hoping it could regain its price back in another 26 days.

How would it be a 100% loss? It would be about a 50% loss at the moment.
I think it is dead, I would sell, but others will disagree.

I personally didn't like the idea of the DAO anyway, even if wasn't hacked.  It could rise again, but it is such a gamble right now.

I meant 50% loss.. Thank you for noticing (Fixed in original post)

I guess I will wait and see!

So that, What did you do?  Are you still waiting for?

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