Post
Topic
Board Altcoin Discussion
Re: Etherum Price not affected by etherum Projects?
by
NUFCrichard
on 14/02/2017, 14:57:45 UTC
I was surprised that the news around the Microsoft led Ethereum group didn't hike the price at all.

https://www.bloomberg.com/news/articles/2017-02-09/microsoft-others-said-to-form-group-backing-ethereum-blockchain

Any thoughts?
The price already went up due to these projects.  The fact that the first major project badly failed seems like it should have a more long lasting effect on the price!
Will banks and microsoft really start using smart contracts for real money, when the DAO was cracked in a few days and needed a hard fork to save Ether?

How many hard forks will they need to keep all the new projects running smoothly?  I would wait and see before assuming that good prospects become actual good projects,