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RE: ETC VS ETH
Almost every coin that has converted from POW to POS had an initial pump followed by continuous dumps. We will see if ETH breaks that pattern
Almost every coin that has converted from POW to POS had an initial pump followed by continuous dumps. We will see if ETH breaks that pattern
I mean, I believe there's gonna be overhyping after any news and a consequent dump/correction. (Well, except after the EEA announcement I guess because that was huge).
It's probably a good strategy to keep ETH and sell after the POS change/pump then. Could you mention a few coins that switched to POS and had this pump/dump? Also, I'm not very knowledgeable as to whether or not STEEM is POW or POS...
STEEM is DPOS, delegated proof of stake. Which means only community voted witnesses can produce blocks.