Is the fork negative or positive for the price? or is that hard to say.
It's positive. The fork will burn 55 million coins from future existence, meaning the total coins in circulation will go down to around 165 million as opposed to 216 million in circulation today. Therefore, less coins after the fork will (or should) increase the price almost instantly. Impossible to say by how much, so we will see.
Right now it'll probably be a bumpy ride for the next weeks. I'd expect a lot of profit taking will happen, causing a few wild swings like the last few days.
Thank you for your reply! i will hodl until the moon. In here since 0.14 usd
the moon? what is your price target. i'm in from 0.05 cents but sold most on 1$. do u think we can reach 5$ or 10$? fundamentals tell me we cant, but i think in the end it will be worth waiting but my fingers itching to sell every dime XD.
let me know what you think and anyone else in this group i would like to hear more opinions. Can the pump hold long term
Long term 5-10$ is certainly possible. Short term it depends on how positive the news on 19th of December will be and how investors will react.
I was so happy that emc2 made an official statement on their twitter regarding the announcement. They confirmed they are not bought/working with apple, at least not for now. It is positive because all the people that were in here for that rumour are backing off probably. Otherwise price would only rise and fall harder after the announcement.
Positive they didn't let the rumour spread. Happy trading guys. lets see what this coin will bring us.
Ah good to hear indeed that the rumour is not bought, that will make price correction more stable instead of alltime high and going back to low's. Im thinking you might be right the 5$ mark is easy to reach since most new investors will also look into einsteinium. Im not selling for less i think since i already sold most on 1$, took a nice profit and my investment out. Hope it will go to 10$