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The price of dao tokens suggest that the market expects a 23%
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The price of dao tokens suggest that the market expects a 23% drop in the value of ETH after the DAO fork happens and coins are released.
>>
ETH is a mess

Who knows where this shitshow will take us next.
Bad news for investors that are not in the inner circle.
>>
How do you figure that out? What are the prices?
>>
>>1359870
i figured this fork business would kill DAO for a year if not forever, so sold them at a loss and bought TRUMP figuring that will see the best gains in the next 6 months. The current situation of everything doesn't look rosy, but it's what i'm sticking to.
>>
>>1359928
>>1359941
People who don't know what they're talking about making wild claims.


ETH is far from dead.
DAO is walking dead.

>not owning ETH before shanghai blockchain summit in september happens
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>>1359930
Dao price is 0.0077ETH

Dao will be swapped for ETH at 1 for 100

Buying dao will give you ETH at a 23% discount
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>>1359949
Well, what is stopping you from doing the arb? Borrow eth on an exchange for 8% annual interest sell it. Buy dao. Have dao swapped for eth. Return the eth you borrowed.
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>>1359974
Because according to market theory the drop in ETH from DAO dumpers will be 23% making that arbitrage futile
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>>1359928
>>1359930
>>1359870

ETH 30$ by 10th of august
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>>1359974
Or to put it another way the price of DAO is like a prediction market for the price of ETH in 8 days time minus the risk of no fork
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