Post
Topic
Board Speculation (Altcoins)
Re: Should Ethereum and DAO be bought now?
by
Zer0Sum
on 19/06/2016, 20:38:06 UTC
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

DAO is trading at 0.64 ETH right now. Here's a good analysis of likely outcomes:

https://steemit.com/ethereum/@hisnameisolllie/the-dao-is-finished-what-does-this-mean-for-the-price-of-ether

(1) Soft Fork + Hard Fork....................... DAO tokens will be redeemed at 1.0 ETH (56% return)

(2) Only Soft Fork, 30% of DAO Frozen.... DAO token redeemed at roughly 0.7 ETH (9% return)

(3) The Shit Show Continues, Authorities Get Involved, legal action, etc........ DAO tokens end up worthless 


So it's really a scalping vehicle for semi-automated traders that can do it on multiple exchanges...
The kind of crypto you can flip over and over for about 3%... and hope it doesn't tank.

One thing to keep in mind is that massive Ethereum conflicts of interest work in your favor...
The Top 50 accounts own 43% of the DAO... and these are not random people, but Ethereum Founders who want to be paid.