Ethereum Is in Trouble! Ethereum Classic Will Save The Day!!!

thomasgutierrez (67)in #bitcoin • 7 years ago (edited)

Looking back to Last week, there was definitely a high demand for ethereum-based projects which also clogged the network. Now the very bad part for ETH was the inability of Ethereum to handle the orders started to spike worries that this digital currency may soon face a debate over an upgrade model which was very similar to a heated controversy over bitcoin's future that has weighed on that currency. The Entire ICO Market has driven the price of ETH a long way and now with the issue that has come about is now putting Ethereum Classic in the current Spot light as new positive alternative to move away from the Ethereum Block Chain which has proven to fail for the uprising ICO's.

Ethereum today traded 19 percent lower Monday morning and came near $245, according to CoinDesk which is freaking scary and is no longer in reach of taking over Bitcoin for the #1 Market Cap Position!

BTC Now Holds a $16 Billion Lead Over ETH! Good Luck Now!

LoL!!!

Ethereum Classic Will Become The Next Big Thing! =]

Let the Force Be With You ETC

#ethereum #steemit #news

7 years ago in #bitcoin by thomasgutierrez (67)

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davidnx (53) 7 years ago (edited)

Look at the graph for Ethereum. It's now back at the level it was just over two weeks ago - and at that time it had already been on the end of large growth in value.

I had to invest in Ethereum because I didn't want to be left behind if Bitcoin somehow became the second cryptocurrency. However, as with all rapid increases, especially on the back of a previous increase, it was obvious that this is just hedging bets. Just look at graphs of most major cryptocurrencies - we see the same patterns over and over again.

At this present time my investment in Ethereum is making a loss, but, it is no major surprise that Ethereum has fallen. In all probability it will rise again, as most cryptocurrencies usually do.

It must also be noted that the market (against Bitcoin) is itself falling heavily. Remember, the investment in cryptocurrency has been phenomenal over the past few months. A little volatility is something to be expected.

$0.33

2 votes

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donank (25) 7 years ago (edited)

ETC and ETH are literally the same thing right now. ETH has a plan to scale with sharding and POS, What are ETC developers planning to do? Do they even have a proper roadmap?

$0.04

1 vote

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busterg (40) 7 years ago

ETC is the sleeping dragon, get your gold it lays on now before it wakes up! Thomas my uncle got me to watch your vidz, he is angel the little chihuahua, and i guess that makes me the pug.

$0.04

1 vote

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