Quote from: worldtreasurefinders on July 05, 2016, 08:25:18 PM

Quote from: BitcoinNewsMagazine on July 05, 2016, 07:25:16 PM

Hard fork for Ethereum is probable, and most likely will happen by next weekend. A lot of Ether will be released back to owners. What do you think they will do with it? Sizeable number will use to buy bitcoin, so look for a bitcoin price increase along with Ether sell off. When you see a sell off in Ether with heavy volume time to buy cheap Ether. Ether price could get as low as $5 with heavy selling. There is resistance at $7 so you should consider buying to hold long term starting at $7 and buying more on way down. Or you could just wait until the charts show a bottom is in place before buying. Any way looks like good chance for Ether fire sale next weekend. Right now Ether and Bitcoin are inversely correlated.

Any "investor" that gets their ETH back as a result of this hard fork would be stupid to do anything but sell it immediately. ETH will collapse soon after the fork is realized.

I bought in to ETH at sub $2 price, so to me I could easily see $2 or lower ETH after this.

Yes, price is going to crash hard. $2 a coin seems realistic.