Post
Topic
Board Altcoin Discussion
Re: DAO being dissolved - what do you think people will do with all that ETH
by
RastMan
on 20/06/2016, 20:10:21 UTC
How long will it be until everyone can withdraw their eth? I don't know for sure what will happen, but if everyone can withdraw at the same time there could be a dump as the hack is a disturbing event in the eth ecosystem.

If the DAO is dissolved, lots of Etheruem will flood the market, so the Ethereum price will drop a lot as a result.

I fully agree, not sure why people don't see this.

Maybe the miners should opt for the soft fork, but not the hard fork to lock the 3.6 million eth forever and reduce the supply.

I am not sure about that. Is that morally right? You confiscate the stolen goods but do not return to the owner.
What? Like the DAO attacker holds the moral right? I'd rather a soft fork so the stolen coins are taken out of circulation than just left for the attacker to spend.

It seems 20% of the miners in the ethpool.org do not agree with that. They do not think taking 4% etherum out of circulation is a good idea.
http://ethpool.org/stats/votes