Cheers!
How come BTC price drops? ETH price dropped before hardfork. Panic, FUD....
And what happened? ETH went from sub $10 to over $50, after the hardfork, and people got free ETC on top of that. Currently at $2 or a little less.
So pricewise, the hardfork was the best thing that ever happened to ETH. In fact if BTC splits into BTC and BTU, then that BTC may be worth $5000 and BTU maybe $200, a year from now.
Mind you, a hardfork means you get the same number of coins in both forks, so no matter which sides wins you are fine.
How come BTC price drops? ETH price dropped before hardfork. Panic, FUD....
And what happened? ETH went from sub $10 to over $50, after the hardfork, and people got free ETC on top of that. Currently at $2 or a little less.
So pricewise, the hardfork was the best thing that ever happened to ETH. In fact if BTC splits into BTC and BTU, then that BTC may be worth $5000 and BTU maybe $200, a year from now.
Mind you, a hardfork means you get the same number of coins in both forks, so no matter which sides wins you are fine.
i think that is not the hard fork that is bad, what is bad is the possibility of chain to split in two chain with both chain have the same amount of coin and those coins can be dumped by anyone because they would have 2x the amount of coins, this si bad for any coin, will kill the value completely