By creating demand for ether, the DAO is increasing its own asset base as people pile in.
I was looking into the DAO and it hit me that by the DAO was itself creating demand for ETHER, which would increase its price. Maybe not breaking news for crypto fans, but the community I write for at the Observer doesn't think about this stuff. So I wrote about.
Wow I hadn't realized that the price of Ether nearly doubled since April 29th.
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I wrote this on the wrong comment.
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Not related, but that is cool how the url and title changes on the observer website as you scroll down to the next story.
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True,... I wonder if ETH price will fall after the ICO
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