btc UP because money does need to go somewhere when the air is being let out from ETH
There are high volume btc/eth markets that have been see sawing the price of both coins. If eth goes down bitcoin often goes up because of those markets. If eth hard forks those eth locked in the DAO will get released around about the bitcoin block halving date. If they get dumped for bitcoin it could pump bitcoin much higher.
Methinks people that saw a safe haven in eth and it's dao tokens, may want to rethink that strategy ATM. Btc is king of the roost for the moment, eth just blew it for a while with this.
Remember when bitcoin hard forked multiple times because someone created 9 billion bitcoins? Oh you don't?
False analogy. Stop defending altcoin which don't deserve defending. In this specific hack, no additional coins were created (which was the case with Bitcoin), neither were the specifications altered. Read:
Amen. This is directed governance. To hell with a distributed, anonymous version of this.