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Author Topic: Should Ethereum and DAO be bought now?  (Read 5472 times)
manav1112 (OP)
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June 19, 2016, 11:33:57 AM
 #1

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?
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June 19, 2016, 12:16:41 PM
 #2

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?
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June 19, 2016, 12:35:11 PM
 #3

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?


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.
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June 19, 2016, 12:55:40 PM
 #4

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?


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.

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June 19, 2016, 01:53:36 PM
 #5

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
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June 19, 2016, 01:56:49 PM
 #6

L O L

FUD first & ask questions later™
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June 19, 2016, 03:52:50 PM
 #7

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.
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June 19, 2016, 04:05:23 PM
 #8

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%67% profit.

ftfy

+0.4/0.6 = +0.67
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June 19, 2016, 04:23:23 PM
 #9

Quote
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?

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.

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June 19, 2016, 04:45:26 PM
 #10

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?

This is certainly not the best time to be buying DAO.  Cheesy  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.

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June 19, 2016, 04:53:17 PM
 #11

L O L

I think it is a good question.  To the op buy both.  But do not buy more then you can afford to lose.
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June 19, 2016, 04:53:21 PM
 #12

Extremely dangerous gamble in the short term , Bat shit crazy for long term investment
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June 19, 2016, 05:22:41 PM
 #13

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

For DAO Spoetnik answered.
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June 19, 2016, 06:57:30 PM
 #14

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

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 Smiley 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.
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June 19, 2016, 07:00:01 PM
 #15

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

sounds like fun to me!

I love Bitcoin
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June 19, 2016, 07:01:47 PM
 #16

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.

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June 19, 2016, 07:14:32 PM
 #17

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.
r0ach
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June 19, 2016, 07:16:35 PM
 #18

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.

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June 19, 2016, 07:21:39 PM
 #19

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.

The price could drop a bit further in the next few days when there are more legal argument about the validity of the "theft".
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June 19, 2016, 07:24:23 PM
 #20

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.

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.
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