In 2 weeks all the ASIC miners for cryptonight they will be doorstops the Monero fork will give a good lesson to ASIC companies.
Next week you will see discounts
And 3-4 days before the fork they will give them away for free $0 !
Not even in the Wall Street they don't make suck a trap !
actually the asic companies gave monero a lesson by raising monero nethashrate from ~250mhs to 1000mhs the past months.
hopefully the fork will really help long term
It will, by reducing the hashing power you reduce the money that the miners are sucking.
Monero will be more price stable and it will attract coin investors .... too much nethashrate is killing the coins ...
It does not work like that. The number of new coins per day/hour is fixed, but if you reduce the hashing power the miners rewards is the same, but in this case because XMR is kicking out the ASIC now the reward is going to be more spread, not a few miners getting most of the reward and dumping most of the coins, and yes, the price will be more stable.