With the breaking news of a successful hard fork how do investors and speculators see the immediate future for ethereum?
It would seem early activity has been to push the price up to around 0.0193 at the time of writing. However the release of such a significant amount of coins suddenly must surely induce some sort of downward correction? Of course many holders won't sell but even a minority of determined sellers could trigger a minor price dump.
The recent Ethereum highs were largely driven by the excitement of the Dao. Without the Dao it will be interesting to see how that effects the price. I'd be surprised if ethereum regains those glorious highs this year. But this is crypto so you never know.
I'd love to hear thoughts on the issues that could influence the price of Ethereum. The decision to hard fork is itself somewhat controversial in the ethereum community.
Where is your money?
