A very interesting point of view but I don't think I agree with you. I think Ether will go up in price and you just sold at its lowest. Yes, 14.4% of all ether is going to be available and accessible again but it would only bring down the price if people decide to sell it, that's a big IF. I think most people will keep their Ether specially now that it has proven and shown how reliable it is. Ethereum never got hacked. The DAO did and it was simply a contract written and running on top of it. On july 21 when it becomes final that the funds are 100% safe it will bring that trust and confidence back into the Ether market. The price is going up, not down.
I have been mining a very small amount of ether. After the hard fork happens, what effect, if any, will it have on mined ether (not price)? I just use minergate and mine as a hobby. Just wondering if I will need to do anything to have my ether on the main chain. Thanks for your help.
A very interesting point of view but I don't think I agree with you. I think Ether will go up in price and you just sold at its lowest. Yes, 14.4% of all ether is going to be available and accessible again but it would only bring down the price if people decide to sell it, that's a big IF. I think most people will keep their Ether specially now that it has proven and shown how reliable it is. Ethereum never got hacked. The DAO did and it was simply a contract written and running on top of it. On july 21 when it becomes final that the funds are 100% safe it will bring that trust and confidence back into the Ether market. The price is going up, not down.
I have been mining a very small amount of ether. After the hard fork happens, what effect, if any, will it have on mined ether (not price)? I just use minergate and mine as a hobby. Just wondering if I will need to do anything to have my ether on the main chain. Thanks for your help.