It's positive. The fork will burn 55 million coins from future existence, meaning the total coins in circulation will go down to around 165 million as opposed to 216 million in circulation today. Therefore, less coins after the fork will (or should) increase the price almost instantly. Impossible to say by how much, so we will see.
Right now it'll probably be a bumpy ride for the next weeks. I'd expect a lot of profit taking will happen, causing a few wild swings like the last few days.
the moon? what is your price target. i'm in from 0.05 cents but sold most on 1$. do u think we can reach 5$ or 10$? fundamentals tell me we cant, but i think in the end it will be worth waiting but my fingers itching to sell every dime XD.
let me know what you think and anyone else in this group i would like to hear more opinions. Can the pump hold long term
I was so happy that emc2 made an official statement on their twitter regarding the announcement. They confirmed they are not bought/working with apple, at least not for now. It is positive because all the people that were in here for that rumour are backing off probably. Otherwise price would only rise and fall harder after the announcement.
Positive they didn't let the rumour spread. Happy trading guys. lets see what this coin will bring us.