Why ETC will Strive, and ETH will dump.
People are starting to realise that ETC is the real Ethereum and that ETH is just a fork.
ETC is ETH but better
While ETH is still being used in trading, it has made a huge mistake doing the hardfork therefore the community has decided that this is unacceptable so they have created the Classic ethereum without any fork which is a stupid ideology.
ETH Blockchain must survive
ETC strives to maintain the classic Ethereum blockchain which is actually quiet cleaver as they want to keep the original ethereum blockchain due to the good features that they have. However Ethereum, has made some bad decisions in their foundation which already is starting to put most whales in question if they should hold ETH. Instead of going there
This is like getting into ETH at the real beginning off it, and people are already seeing that ETC is a much better pick than ETH. People have gotten 1:1 ETH to ETC which is why people have dumped all of their ETC. However, this week we will see ETC go up in price by a lot. It's already at 2x from the dump and people are still buying and hyping it out to their friends and family.
ETC Opportunity - D0n't miss it
Opportunities come and go. Sometimes you miss them and sometimes you catch on when right at the beginning. You want to make sure that you get in at the correct time and that you will not miss or lose any money with this. Why do I believe ETC is a good opportunity ? Looking at the price off it its just simply amazing and it keeps on going up.
The volume off it on Poloniex is gone wild, Nearly more than ETH's which is simply amazing . The miners are all switching to ETC as they see that the ETH blockchain at the moment is quiet fucked. So switching to classic ETC is a the best pick ever.
Today it has seen amazing growth and still is growing more up and more up. This wll par with ETH soon , people are already dumping ETH and shorting it so much that it will be nothing left.
I'm curious to see what your opinions of ETC are. Will it reach ETH's price , or even higher. I sincerely believe in ETC and have invested myself. I hope only for the best as it's simply better than ETH's stupid fork.
This is such an ill informed post. What a waste of the $387 dollar community money.
I am completely clueless as to what a hardfork is?? Can somebody please shed some light and maybe explain the difference between etc and eth?
I cant sleep because i know its gonna go up in the morning and Im investing my BTC now!
Haha me too, I have invested quiet a bit at 194k but I'm thinking it will increase a lot more due to everyone wanting to be a part of this.
Dead cat bounce, profit taking. How can etc be the real block chain of ethereum . it is the out of date blockchain. This is like saying DOS is the real windows. Keeping it on your computer and upgrading it to windows 10. Steemit hardforked
This is not the case when we are talking about the blockchain.
What about Ethereum in the longer term though? It seems to be gaining popularity.
I don't really think ETH fork will actually be gaining any popular. Get in on ETC while you can.
Roger that. Just joined Polo. Getting my head around it now to dive on a small amount of ETC.
2.62 still a good price?
Beyond the price, I think the existence of both blockchains is quite interesting. It is like the schodinger's cat paradox (funds are both stolen and not stolen at the same time) I talk a bit more about this, in this article https://steemit.com/steemit/@jako/schrodinger-s-cat-etc-introduces-a-paradoxical-situation-for-eth-holders
Yes that is true, its going to be interesting to see which one will strive more than the other but I really think that ETC will actually be worth more than ETH. Simply has to just looking at the amount of buys it has.
I have to chime in here as I can see many honest people losing money over this confusion created by big players.
First of all, I have to explain some background from bitcoin as this matters!
Bitcoin is divided between two camps; those who want to increase block size and those who don't
Increasing block size would let more people use bitcoin to transfer money around, now you might have to wait for hours for your transactions to go through, is this the future of money?
The camp who doesn't want to increase block size wants to make bitcoin blockchain a some kind of baselayer for settlements, they are limiting the block size and userbase and developing their own solutions for this issue. So they are creating the issue and solution to it, these guys know how to do business!
Talks of Hard fork were slanted as being dangerous for the community and you even got banned for it (hurray for free speech and Theymos!) , it seemed like the community wanted to use bitcoin as intented while devs under company called blockstream, funded by people associated with Bilderberg, censored and fought against such dangerous hard forks.
So now Ethereum steps in. As you can see there is a divide between bitcoin, and one side does not want to see any succesful hard forks as they have said them to be dangerous for the ecosystem, potentially disastrous. So succesfull hard fork that Ethereum made is seen as a huge threat to these accusations by blockstream devs. We also have to remember that in ETC chain the thief is holding huge amount of tokens, tokens that are now being sold to people in hopes of making big gains.
If people want to buy in to a chain where thief is waiting with millions of stolen funds to cash out, with no development support that is the backbone of ethereum, with no community, except people that want to see it fail eventually. Feel free to do so, but understand the mechanics that are playing behind the curtains.
Hopefully I'm proven wrong and ETC is something other than just a way to make HF's look like bad move, even if supported by the community, and a way to pump and dump but to me it looks like for now. Still, I would not support the acts of a thief who steals from people. If you are sick of banksters who fraud people and walk away from it and feel powerless, then the choice here is obvious.
Eth didn't give in, and as community, acted for good - those who want to continue the ways of old systems (fraud, criminal activity) can support ETC. Just my 50 cents. These are all opinions, don't get disheartened.