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Topic: [2016-06-22] news.bitcoin.com-Community Opinion of Ethereum Uncertain... (Read 249 times)

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Community Opinion of Ethereum Uncertain Following DAO Attack

The event has spurred a discourse on how successful both could ultimately become, with some still optimistic about their respective futures, while others are a little bit more pessimistic.

In the hours after the DAO hack became known, both the DAO token and Ether began to dramatically dip in price. ETH and DAO bottomed out after losing 20% and 55% of their respective values before the hack. The two cryptocurrencies initially recovered with ETH rebounding back and settling at $18 USD, but this still ultimately represented a loss of 9% over a 24 hour period.

READ MORE >>> https://news.bitcoin.com/community-ethereum-dao-attack/
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