The network will go back to normal eventually...but could take days or weeks with lag in the system. It is pretty serious situation. I am going to sell some of my BTC.
I read somewhere that they were planning on continuing this for an entire month. Again, I don't know if we can believe that or not.
and buy back
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Please take your predictions about future value of bitcoin to the proper sub-forum:
https://bitcointalk.org/index.php?board=57.0