ethereum

ParanoidAndroid said:
Would this be helping push up the price of ethereum? Its made some fair gains over the last week or two...
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Definitely. The best way to buy DAO token is with Ether and a lot of them are already in the DAO, enough to make the price swing.
 
with so much of the ether in circulation locked in the dao, price is likely to rise until dao tokens released.
 
Just sold ethcoin.com for $1500 US to a Chinese buyer. Not bad for less than a $70 investment. More than one way to make money from these altcoins
 
Come August 2016 ethereum will probably be around US$5.00, that's where I'll be getting in, likely run to $20+ from there
 
DAO tokens are trading at a discount compared to Ether... Probably pricing in the fact that the underlying Ether is locked for minimum 30 days plus some additional risk.
 
not sure we will see sub $20aud again. both dao and ether matching bitcoin gains.
 
dozerz said:
not sure we will see sub $20aud again. both dao and ether matching bitcoin gains.
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Yeah, the almost perfect negative correlation BTC/ETH seems to be gone... It looks like fresh fiat is being injected into crypto.
 
Well, The DAO almost died... Taking down with him Ethereum and most probably other smart contract chains like Lisk.

Vitalik had to intervene at the end. Let's hope that the planned soft and hard forks are accepted by the community.
 
Lol yeah was watching the drama unfold on poloniex.

I don't think the community has a choice not to accept his interventions. Seems to be recovering abit though.
 
Actually, I just had a change of hearth. I hope that the hard fork proposal is not accepted, even if I my tokens will be gone. That would be akin to a central authority intervention in favour of a too big to fail entity, setting a dangerous precedent. Also... Blacklisting a specific account? Too bad!
 
Porcello said:
The guy is smart! I say he deserves what he took.
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are you invested? i think they will vote to dissolve the dao and get their ether back.
 
dozerz said:
Porcello said:
The guy is smart! I say he deserves what he took.
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are you invested? i think they will vote to dissolve the dao and get their ether back.
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Yes, small amount: 200 ETH. Not sure if miners will accept the fork since it seems that the attackers are willing to give away ETH to convince them not to do so, but if they do the confidence in Ethereum might crash badly.
 
I don't think it is Eth that is the real problem, The actual contract used and the DAO yes, but Eth itself is still solid as a base/currency, call it what you will. Still holding near $12 U.S and could be a lot worse given the catastrophic result in recent days. Any other platform would of sunk beyond hope already.

I think they should let the hacker keep whatever he/she/they reaped, any other result would compromise the whole concept and no one would learn. It would just become another bail out if anything else happens. Admit a failure and move on, learn, adapt. The identity will rinse out and will either add to the learning curve or become a pariah of the community.

The fact that this exploit was identified prior to the DAO going live and it still happened is the real issue that needs to be explained.
 
~ $12.18USD at the moment - I'm expecting quite a bit of action in September ; if it rallies with Devcon2 news then 25% increase to around $15.50 is possible
 
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