Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
Minecache
on 07/07/2016, 14:41:06 UTC
DAO will recover along with ETH. Buy when its at rock bottom, buy up, then sit and wait. $$$$$$$$
Bitcoin was once in bad shape for the first couple of years, Up and Down Side to Side. Ether is smart and so is DAO. They just need more time. However..... ETH and DAO are not day trading currencies.  You will become very wealth if you buy into ETH/DAO now and park it for 5 years!

I just don't think the DAO will actually recover. Why would anyone trust something, that was so catastrophically broken that it costs millions of dollars? As you have said, eth over long term, but otherwise, these assets aren't going anywhere too soon.

I agree. If you are after a profit sooner rather than later. DONT buy into eth or dao. But if you can afford a couple of hundred dollars to throw into a eth/dao wallet and forget about it for a while..... DO IT.

The DAO/Ethereum is very risky business. It is for speculation only at the moment. If you have extra money, buy some.

But not yet. Id wait til right before the fork, or right after it. The price is entirely too unstable at the moment, as previously said.

I might enter the market a few weeks after the hard fork. Things might settle down during that period.

The price is low due to the bitcoin shills. But the bitcoin price is also dropping at the moment. They are destroying both.

Observe the current price of ETH. No one is shilling at you, because many of us have been saying the same shit for months at this point. These are observations on reality. Eth price and btc price aren't directly correlated. 

Typically, people don't shill bitcoin on a bitcoin board. Remember, eth is the alt here Smiley
People shill BTC everywhere FFS. Look at r0ach and all the Spoetniktard gang. Anyway how many times has BTC been declared dead. ETH development is just following the same pattern with one critical exception ETH has a fantastic community spirit.