Citronick , I'm interested in your deep thinking about why you prefer going out of BTC field before hard fork than staying in and get the coins splitted.
It seems that there are pros and cons for both strategys, but none seems obviously superior to the other.
Would be glad to have you thoughts about it !
the facts:
1. nobody (core dev vs hw manufacturers) are likely to budge, so come Aug 1st -- all hell is going to break loose (worst case scenario), my group thinks that ETH, Litecoin and Dash will surge in price.... Monero, ZEC .... maybe
2. "its not the end of the world" --- this fork issue, if it happens... it will shape the surge and resilience of BTC as the leading crypto currency, it needs to be tried and tested...
3. suddenly.... S10 and A8 ASICS will rock the world once again, with premium price. Meanwhile... you can get a spanking new A741 now for 800 bucks.
the risks:
3. the group don't want to be in any compromising position so 3 things to do: take substantial BTC out for cash, take early position in ETH (50%), Litecoin and Dash (30, 20%), and lastly prepare to buy back BTC on the cheap (sub-$1700). As far back as 3 months ago, the group has increased ETH farm hash and buying ETH whenever it drops... we got a few good buys during the exchange glitch at Polo.
4. 4th option -- do nothing.... but we dont want to risk it. This situation is not anything like ETH vs ETC fork, because core dev is not in control, hence forcing the segwit fork to fix their software bugs... dont forget the other big force -- Bitmain, and while they agreed to do segwit, they agreed segwit and 2mb blocksize bump up together..... but Core dev may not have this in mind...
so because this is a case of 2 five year olds fighting each other ... so we wont be part of that - lets be realistic.... yes, we support the blockchain but we dont want to go bankrupt either....
the strategy:
1. the risks are real
2. you got to have a strategy (any strategy to hedge or to limit risks)
3. diversify.... just like how you would in the stock market.