Quote from: celebreze32 on May 17, 2016, 07:05:15 PM

This DAO could make a similar ETH crash.

The DAO is going to cause a biblical crash in Eth and all that money will be going right back to BTC for the halving:

Quote from: r0ach on May 18, 2016, 06:38:21 AM

The next big move in crypto markets is when these DAO people can sell. I don't recall the exact date, but I think it was May 27 or 28. BTC comes to the end of a wedge near that date, and $130 million that was tied up in the form of Eth to invest in the DAO is now considered a horrible investment by just about everyone. They will likely dump the hell out of those, imploding the Eth market in the process, and put the mony into BTC for halving gains.

Why the DAO is either a horrible investment at best, and scam at worst:

http://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa

More on that subject below:

Quote from: r0ach on May 17, 2016, 05:35:53 PM

After reading that through, it looks like the entire system was designed as a way to give the appearance of a risk free chance at profit, with the goal of the issuers just being to pump Eth in the short term (likely so the Eth devs can just dump and cash out like Vitalik was doing). Even if one of these ventures did become profitable, the payoff would be delayed until like 2020. If you just held BTC until 2020, you could have a god knows how big of fortune instead of some measily "slock.it" smart meter or whatever the hell gains.

It's clear this whole thing was just a pump scheme with the goal of inflating Eth market cap. Attempt to lock up $100 million in the short term with the possibility of locking people in longer if they do something stupid like vote to make their funds unspendable. What was the date DAO people can start selling again? May 28th or something? I have a feeling Eth shorts are going to do well that day.