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As well as a few digging their heels in, they have been joined by a lot of bitcoiners. Once the hacker or whitehats start selling, this could end up being a pr
by valkea 10y ago
As well as a few digging their heels in, they have been joined by a lot of bitcoiners.
Once the hacker or whitehats start selling, this could end up being a pretty significant transfer of wealth from BTC to ETH
- jessaustin 10y agoIt's difficult to imagine why this episode would improve ETH's prospects as a store of value, so what could this statement possibly mean?
- pYQAJ6Zm 10y agoI suppose it was a typo, and the parent meant exchanging BTC for ETC.
- valkea 10y agoBTC holders have been buying into ETC, while a lot of people who are long on ETH have been selling their ETC and plowing that back into ETH. Once the DAO hacker or whitehats start selling the price of ETC is likely to fall off a cliff. Should bring the fork episode to a conclusion. Both of these factors improve ETH's prospects in the short term.