Doing their best in an uneducated fashion, with a system that is destined to fail. There is nowhere for etc to go. All of the developers and future projects will be continuing on the hf eth, so investing in etc(or buying any at all) is, more or less, irresponsible management of finances.
Granted, you can make a good bit of cash of the ups and downs going on right now. But at somepoint, etc will die and be worth nothing. It's just kind of interesting that the buy volume is so high in a useless crypto.
Just hope that you get out before it crashes to 0 if you're trying to hold out for top.
Well, I know you are wrong in your opinions, lol
(at the least eth is worth ~10x as much as etc, and I made $20k today off etc, but if I had sold the same amount of eth would be closer to $80000, sop there is a little difference there). I think that makes a very large difference. As vitalik has stated that all the founding developers focus will be on eth, and NOT etc, ETC is sure to fail at somepoint. The fact that people have been tricked into having false hope in a system that is sure to fail is a very large problem.
Not for me, because I am making money off you, but the fact that etc is messing with eth value based on idiots helping that dao attacker cash out on his stolen eth is pretty silly imo.
I am already up about 20k for nothing as far as eth vs etc is concerned. I just feel bad for the people thinking this is actually a solid investment.
@ktmgen "As vitalik has stated that all the founding developers focus will be on eth, and NOT etc"
Not true.
"P.S. it’s nice to see that the guys behind https://ethereumclassic.github.io/ stand behind keeping the old chain alive, but let’s make it clear that we (the Ethereum developers) have never abandoned it. We never forked the chain. We have implemented a switch in our client to give users a choice to fork if they want to and that’s all."
I think your wrong on that one. There is no difference between the two. Any contract you run on one can be ran on the other. If the attacker starts rewarding miners then it is game over.
Well, i have to say that i would never expect @eeks to write an article like that haha :)
Getting back to topic,i was doing some trading with ETC and i have to say this looks strange.
350% in few hours basically.
I'm pretty sure that hackers own a lot of this coin, and if we will see dumping they may step in too. And basically make etc worth very little.
Im staying away, but if you want to risk then ETC is great :D
They are doing their best. I have compassion for that.
Doing their best in an uneducated fashion, with a system that is destined to fail. There is nowhere for etc to go. All of the developers and future projects will be continuing on the hf eth, so investing in etc(or buying any at all) is, more or less, irresponsible management of finances.
Granted, you can make a good bit of cash of the ups and downs going on right now. But at somepoint, etc will die and be worth nothing. It's just kind of interesting that the buy volume is so high in a useless crypto.
Just hope that you get out before it crashes to 0 if you're trying to hold out for top.
Well, I know you are wrong in your opinions, lol
(at the least eth is worth ~10x as much as etc, and I made $20k today off etc, but if I had sold the same amount of eth would be closer to $80000, sop there is a little difference there). I think that makes a very large difference. As vitalik has stated that all the founding developers focus will be on eth, and NOT etc, ETC is sure to fail at somepoint. The fact that people have been tricked into having false hope in a system that is sure to fail is a very large problem.
Not for me, because I am making money off you, but the fact that etc is messing with eth value based on idiots helping that dao attacker cash out on his stolen eth is pretty silly imo.
I am already up about 20k for nothing as far as eth vs etc is concerned. I just feel bad for the people thinking this is actually a solid investment.
@ktmgen "As vitalik has stated that all the founding developers focus will be on eth, and NOT etc"
Not true.
"P.S. it’s nice to see that the guys behind https://ethereumclassic.github.io/ stand behind keeping the old chain alive, but let’s make it clear that we (the Ethereum developers) have never abandoned it. We never forked the chain. We have implemented a switch in our client to give users a choice to fork if they want to and that’s all."
https://medium.com/@zsfelfoldi/a-tale-of-two-chains-3f6d58a9df4a#.me6ocgc05
I think your wrong on that one. There is no difference between the two. Any contract you run on one can be ran on the other. If the attacker starts rewarding miners then it is game over.
Here you go @sandwich , Vitalik on where the focus will be. If you had read down a few more posts you would have found it yourself.
https://blog.ethereum.org/2016/07/26/onward_from_the_hard_fork/
Well, i have to say that i would never expect @eeks to write an article like that haha :)
Getting back to topic,i was doing some trading with ETC and i have to say this looks strange.
350% in few hours basically.
I'm pretty sure that hackers own a lot of this coin, and if we will see dumping they may step in too. And basically make etc worth very little.
Im staying away, but if you want to risk then ETC is great :D
Kraken and Poloniex seem to have a degree of belief in ETC
https://steemit.com/crypto-news/@condra/kraken-announces-support-for-ethereum-classic-etc
It's funny because 16 hours ago kraken stated they wouldnt be supporting etc...
I guess a 300% gain is too much for anyone to ignore...
The only thing they believe in is more fees. This gives them more opportunities to collect fees. They are not long ETH or ETC. They are middlemen.