Eth hardfork incoming - Race to the exits?

[smoothie]

With the ETH hardfork incoming in roughly 3 days time, will the people who had their ETH stolen by the Dao Hack sell?

Being completely ubiased as I own 0 ETH if I was to hypothetically put myself into the shoes of the people who lost ETH and are now getting it back due to the hard fork, I would probably be a seller.

I'm curious what others think.

Is this a case of a race to the exits?

[1715195052]

1715195052

[GreenBits]

I'm thinking so. Also not invested in this, and don't intend to, but I think most people are of the opinion to let the dust settle out. People have been wanting out of this asset for some time now, faced with an endless series of increasingly worse news during the wait. Suffice it to.say, we will see what happens when an entire market gains liquidity at one time.

[Ultrabat]

After the hard fork, people are more confident about the Ethereum. So I think the price will rise as a result.

[Ultrabat]

They will hard fork to take funds away, how does this increase confidence as its an attack on the one core aspect of what makes a cryptocurrency a cryptocurrency: no central banks.

After the hard fork, people are more confident about the Ethereum. So I think the price will rise as a result.

Investors will get their funds back from the thief, so they will have more confidence in the Ethereum.

[smoothie]

After the hard fork, people are more confident about the Ethereum. So I think the price will rise as a result.

What constitutes "confidence"?

As a ETH/DAO investor (which I am not) the last 4 weeks would have been painstakingly irritating. Why would one who gets their funds returned not cash out (even some) because of fear?

[smoothie]

Being completely ubiased as I own 0 ETH

lol =)

I am unbiased. I have no vested interested in ETH or DAO or the outcome of it either way.

I'm calling it from a completely neutral stand point.

No skin in "this game".

[smoothie]

They will hard fork to take funds away, how does this increase confidence as its an attack on the one core aspect of what makes a cryptocurrency a cryptocurrency: no central banks.

After the hard fork, people are more confident about the Ethereum. So I think the price will rise as a result.

Investors will get their funds back from the thief, so they will have more confidence in the Ethereum.

So what you are essentially saying is that having the same structure as a central bank is what instills confidence?

Why not just use the Federal reserve system?

[ifinta]

They will hard fork to take funds away, how does this increase confidence as its an attack on the one core aspect of what makes a cryptocurrency a cryptocurrency: no central banks.

After the hard fork, people are more confident about the Ethereum. So I think the price will rise as a result.

Investors will get their funds back from the thief, so they will have more confidence in the Ethereum.

I don't understand. If the thief sell all prey, how can get back investors their funds? What will happens the people they spend bitcoins for ethereum, dao (or the prey eq) in last days?

[BitcoinNewsMagazine]

At this point with a hard fork planned for next Wednesday I think it is priced in and Ether price could very well increase after the fork. The developers just released an updated Mist today allowing users to choose to follow or not follow the fork. So if you like to speculate go ahead and buy some Ether now hoping for a price pop next week after the fork. Or not.

[BlindMayorBitcorn]

Being completely ubiased as I own 0 ETH

lol =)

I am unbiased. I have no vested interested in ETH or DAO or the outcome of it either way.

I'm calling it from a completely neutral stand point.

No skin in "this game".

Oh. You were serious. No offence dude, but that's not how bias works. There is no unbiased position here. Look closer.

[LoyceV]

After the hard fork, people are more confident about the Ethereum. So I think the price will rise as a result.

The hard fork shows you can't trust Ethereum, and you can't trust Smart Contracts. It also shows a central authority has all the power, making the DAO not "Decentral" as the name would suggest.
If I would have invested in the DAO, I would indeed sell all. Then again, I sold my (not so much) Ethereum long time ago.

I really hope Ethereum gets punished for doing a hard fork, forking for financial gain is exactly what a cryptocurrency shouldn't do.

[Ludwish]

They will hard fork to take funds away, how does this increase confidence as its an attack on the one core aspect of what makes a cryptocurrency a cryptocurrency: no central banks.

After the hard fork, people are more confident about the Ethereum. So I think the price will rise as a result.

Investors will get their funds back from the thief, so they will have more confidence in the Ethereum.

I don't understand. If the thief sell all prey, how can get back investors their funds? What will happens the people they spend bitcoins for ethereum, dao (or the prey eq) in last days?

There will be a hard fork next Wednesday, the investors will get their money back according to the vote by the miners.

[Hueristic]

My guess is there will be a drop off then the shorts will all get squeezed out then the real dump will begin After that support hits. But doing a quick short should be safe during the panic selloff of the lemmings.

[yelllowsin]

I can tell by myself who has DAO tokens, i will not sell as i expect the price to go up again after the fork and trading/changing hands ETH is done.

[smoothie]

Being completely ubiased as I own 0 ETH

lol =)

I am unbiased. I have no vested interested in ETH or DAO or the outcome of it either way.

I'm calling it from a completely neutral stand point.

No skin in "this game".

Oh. You were serious. No offence dude, but that's not how bias works. There is no unbiased position here. Look closer.

In your opinion there is no unbias position.

You are welcome to believe that.

[realm]

I think there will be three or four rounds of big drops. The first will be the big one, some guys will sell their coins and as the price goes down I see a panic sell coming into play for those who would like to hold.
After that, I expect a strong rebuying phase followed by smoother repetitions of this circle until the price finally stabilizes.

[BlindMayorBitcorn]

Being completely ubiased as I own 0 ETH

lol =)

I am unbiased. I have no vested interested in ETH or DAO or the outcome of it either way.

I'm calling it from a completely neutral stand point.

No skin in "this game".

Oh. You were serious. No offence dude, but that's not how bias works. There is no unbiased position here. Look closer.

In your opinion there is no unbias position.

You are welcome to believe that.

I believe I share your bias, but your refusal to acknowledge it isn't honest. You must be daytrading.
Carry-on.

[smoothie]

Being completely ubiased as I own 0 ETH

lol =)

I am unbiased. I have no vested interested in ETH or DAO or the outcome of it either way.

I'm calling it from a completely neutral stand point.

No skin in "this game".

Oh. You were serious. No offence dude, but that's not how bias works. There is no unbiased position here. Look closer.

In your opinion there is no unbias position.

You are welcome to believe that.

I believe I share your bias, but your refusal to acknowledge it isn't honest. You must be daytrading.
Carry-on.

Assuming ones stance doesn't prove anything but how foolish you appear to me given you don't know what you are talking about.

Carry on

Honest admission doesn't come from projecting your assumptions upon others.

Perhaps you should admit that you are assuming and thus now possibly look foolish for doing such a thing instead of just asking me what I am or am not doing.

I won't bite.  

[BlindMayorBitcorn]

Well, let me ask you this, mister neutrality: How do you feel about immutability?

[smoothie]

Well, let me ask you this, mister neutrality: How do you feel about immutability?

I feel you need to be more specific on what you are asking and...

In regards to?

If you want to ask questions now perhaps you may want to be more specific about your question.

Now that you've decided to actually ask me as opposed to assuming things, please be clear on your question.

Please stop wasting my time by asking unclear questions.

Let me ask you a question: Do you always shoot first and then ask questions later?


Moreso do you ask unclear questions and then wait for people to attempt to get clarity?