Only catching up on this now. Personally i think everybody is waiting for this price drop from a potential market crash before they buy in. Everybody is asking "how low can it go?" and my prediction is that we have reached that low and those who wait for the "crash" will have missed their opportunity.
There are 3 reasons I think the price is not going to get lower than after the hard fork.
- The first power down at 1/13th can't happen until 1 week after the hard fork is passed. This gives us time.
- The whole point of this change is to allow more speculative investment in. Those investors may well be waiting for that guarantee, when the hard fork goes through, to buy in, which will push up the price.
- Depending on how dramatically or gradually the price rises in the 7 days between the hard fork and the start of the 1/13th power downs, we may even see some potential "sell outs" have a change of heart and delay their power downs maybe just waiting to see "how high can it go"
Just my speculative opinion or personal prediction of course. But i think the best time to buy is before the hard fork.