ETH broke support on all exchanges.
I still think this is the bottom. I will be buying 400-600 ETH tomorrow with my btc
Here is what i think regarding the DAO exploit. Looks like the stage was set up and everything was pre-planned. ETH basically rose from $6.5 to $21.5 that is like 3x the price . The whales who bought the bottom took their profits and it was time for a correction which meant causing total panic ! Hence the drama.
To me $21 was a way too good to be true price on a coin which is just beginning to shine.
In either cases the market maker is in control and not us , neither me nor you. So always take profit before they do . I learned that the hard way today. These are wonderful trading opportunities . Do not miss them and don't listen to people bashing ETH. You can still make a fortune if you play it safe. This is a fast moving market so sell early ! I should have sold at $21 but missed my chance silly me .
See you guys in two months when this moons again :D
PS: The eth rally hasn't began yet