Bitcoin Forum

ETH is a bloodbath right now, im staying clear of both until i can see who the clear winner will be.

I dont really even know what to think of ETH anyway, but on moral grounds i think ETC is the better fork.

The people that are aware of the real situation will vote for the original Ethereum classic. But the winner will be the fork because they have the money and have the backing of the companies who have interests of profit with Vitalik and his group.

Yeah, i do somewhat get that feeling myself, but i dont know what this will mean for ETH long term.

It already appears someone is trying to manipulate their markets.

ETC is not a fork. ETH is a fork.



And BTW people who buy ETH now without getting ETC 1:1 is crazy because ETC is best and ETH will be worthless soon.

U got it son- this is a very correct analysis. ETC is the real Ethereum and what is called ETH now is not the real deal.

It will be renamed back soon and any1 who bought what is called 'ETH' now will unfortunately be deep fried.

~CfA~

Both.

The only real ethereum is ETC, we will see the other fork fade away soon

So much FUD. ::)

Whatever you might think between ETH or ETC, the former is overpriced af at the moment after all this drama. The second might or might not gain value, but seems like a fun gamble. It is also way more profitable to mine right now. Might throw in a couple bucks.

I believe it will be ETC, it's amazing reading the trollbox, reddit, Twitter and news about both plenty of arguments to come.

Some people look at cryptocurrency and think it's about big companies and big investors, it's not its about people, thier ideas and people being able to create their own futures

They are both forks of the other.

I don't get why anyone would support ETC so heavily.

It's not like Bitcoin wasn't hardforked or rolled back (https://bitcointalk.org/index.php?topic=702755.0).

ETC because there's lot's of profits to make. ETH is already so expensive.

Very much, yes.

Some people are really trying to make a killing with ETC before it dies. I definitely will not be falling for that trap.
For most of us, it doesn't really matter if it is ETH or ETC. Moving on in the chain the only real difference is that there is a huge threat of a dump of ETC by whoever siphoned the DAO. As a speculator only, it would be incredibly stupid to push for the smaller guy with a big whale waiting to sell.
Now, if you're only goal is some kind of Ethereum purity and standard, then yeah, ETC is your guy. But don't expect to make any money holding onto it now.

I haven't been sampling social media to get a read on sentiment. Usually, this is the strongest tool I have at my disposal in these markets. Anyway, what in your opinion is the majority attitude? Are people salty about the fork, and looking at ETC ideologically, or are people relishing in the safety of ETH? ETH was the herd choice, in my opinion.

ETC Dump is happening :o

it's happening every 5 or 10 minutes. then it heads straight back on up. let's see what happens when it's on more exchanges.

https://i.imgur.com/YU3RsdZ.png

Just started happening on Poloniex (wasnt happening 1 min ago)

Yes the moral ground of the attackers theft is very high.

ETH is a fork of ETC.

i hope is joint is only one etherum not etherum clasic or not etherum hardfork
but still only one ethreum
iam choose ethreum win

I think people are salty about the fork, I followed ETH for quite awhile and it is interesting seeing peoples outlook on the fork.

ETC Falling at quite rapid rate now. The one that dumps first wins.

Watching the price move. Wondering if this is a deadcat, or a correction.

You can follow the hash rate for both chains at http://fork.ethstats.net/

Right now Ether Classic is the most profitable coin to mine using GPU https://www.whattomine.com/

ETC all the way because that is the real deal not some other fork... my 2 cents...

The real deal is whatever wins. It doesnt matter if it's etc or eth.

The rest of the users that liked BTC, hates vitalik  ;D


And this should explain why ETC will win the race. It all end up the how many supporters are there  who will back up. ETC most probably gets the majority.

The HF was made only by vitalik and few his friends, who controlled hash rate.

The rise of ETC shows what real community thinks about this.

And you can check the price here https://poloniex.com/exchange#btc_etc

And you can cash out to another coin (no account needed) here https://shapeshift.io/#/coins

Help, epic pump at present.

wish i bought some, albiet risky, seems alot are daytrading it at the moment good profit to be had :)

There is no demand for dirty brown chains which try to portray themselves as "white". Not even with an pseudo-academia pump-front.

i think that will stay is ETC, and ETH will abandon. one of that coin will be sacrifice to support the other, unless the dev wants to make a new surprise to their ethereum lover  ;D

i only see from the market at polo, the volume of ETC is raise unpredicted and meanwhile ETH was get down too deep. i don't what still happen with the dev and friends, but i still positive thinking, as long as we can get profit with ETH and ETC, so why not?  ;D

the etc hashrate's not too far off 1/3rd of eth's now. that's a big vote of confidence, or otherwise known as the desire to make more money.

pumping is one thing. we need to see some etc vision for the future. just being pumpy isn't quite enough to gain it some legs.

I think being the real chain, immutable is vision enough isn't it? Why would you ask for a rebrand? It's the real chain competing with a scam-fork, isn't it?
I fail to see a lack of "vision".

I am wondering if there has to be a winner at all.
I see the option that both will soon have about the same hashrate, and they will be traded against ech other at about the same level.
At that point mining both coins will be about equally profitable and nobody from one currency will take the effort to adapt his miners to the other currency.

The ironic thing is that all ETH bagholders automatically had ETC at the time of the fork, so if they were smart enough, they could have dumped their ETH and then bought ETC and end up with tenfold the amount of ETC!

I heard that someone are giving a loan in ethereum but they receive back is ETC so i think we dont need to compare them because they are now converting ethereum in to ETC..

This might something that is happening now. We will see if it is so because it will reflect on the price of both chains. But the Ethereum foundation's premine of ETH also has the equivalent amount of ETC. They can negate it by doing some dumping of ETC and buy up ETH. I don't know if they will do it but they if they are desperate they can do it.

ETC will win, its pretty simple. Hardfork for centralization killed ETH.

Never had ETH, but bought ETC few days ago.

Regards,
ChekaZ

Nice to see you here ChekaZ.  I wish Poloniex would list feathercoin.  You are good people over there.
Enjoy the show.  ;D

Warm wishes
Paula

Hey there :)

We are working on this issue to get Feathercoin on there, poloniex would be great for FTC.

Kindly regards,
ChekaZ

Longest chain wins see http://fork.ethstats.net/

Why does it matter which chain is longest? These are two separate coins now. What is interesting from the link you supplied is the increase of 800 GH/s for ETC from a week ago. That is substantial growth.

well, in the begin etc were a doubt, so this wouldn't be a smart move... good profits but way too risky.
but hold the free etc(what i did) was definitelly a good idea and now i'm selling eth and getting more etc.

about volume transaction ETH is still win
but i hope ETC not win ETH but both coin is still run and good price

Yes. If you are an active trader it is a good idea to sell ETH and buy ETC because one is going down and the other going up. I understand the decision you took and it is the more profitable move. My question is when is the right time to sell?

I think ETC will eventually win. It's really a function of the hash rate. The economic activity will follow the hash rate, and devs will follow the miners and the econ activity. But not a foregone thing.

In my opinion etc will become winner because ETC has adopted basic principle of ETH, and The failure of ETH because of DAO. But it is just my opinion there are not people who know future.

yes ETC will gonna win. ether has hard fork only. it will be vanished soon when hard fork ended.
ETC got the majority of investor between the two.

The original Ethereum classic chain hash rate is still increasing. It also increased very quick and it is now 1/3 of the hash rate of the forked chain. The real consensus will be shown soon by the miners, the market and the users. In the coming months it is possible that it will override Vitalik's decision of forking the chain giving the real chain and real outcome for the people.

It all look like ETC is going to win the battle. If you still have the btc, you might just want to buy more this time else you'd miss the train going there.
Rides like this don't come along everyday eh?

The marketcap seems to be all over the place for ETC, but it was getting close to $300M

Logically, there's not much reason why ETH and ETC shouldn't come close to parity, as their propositions are nearly identical.  The small differences between them actually neutralize each other:
- the argument "there's a team behind it - the Foundation" can be a bonus for ETH, but the fact that there's no centralized power behind ETC can be a bonus for ETC
- the argument "there are many improvements for ETH in the future" can be a bonus for ETH, but their absence (apart from copying code) can be a bonus for ETC: for instance, the switch to PoS that is foreseen but not coded yet in ETH is an uncertainty that is probably absent from ETC
- the argument "ETC is a thief's coin" can be seen as a bonus for ETH, unless there's a next hack.  The fact that ETC is immutable and is neutral wrt to "morality" can be seen as a factor of stability versus ETH which is now supposed to fork over every theft.

So my idea is that ETH and ETC will reach parity or close.  However, the big question is: will this be reached by ETC climbing, or by ETH falling ?  Many people think that ETC will climb.  But we see that the overall market cap of ETC + ETH is slowly but steadily falling.

It is very well probable that ETC has done most of its climbing, and that we now wait for ETH to plunge to near ETC levels.

This may very well correspond to the perceived loss of value of ethereum since the DAO hack, namely the essential impossibility of making large complex contracts without unforeseen effects.  The dream of complex smart contracts was what was driving the long term value of ethereum (and could even threaten bitcoin's first place in the long run).  That dream turned out to be a night mare now, and so, ethereum was strongly overvalued in the market.   So the total market cap of ETH + ETC should drop significantly taking this into account.

As such, it is not so much ETC which is in for a rise, but rather ETH which is in for a severe market correction in the long run: the value of smart contracts is much smaller than anticipated earlier on, with the DAO enthusiasm.

Superb appraisal.

Can't add a single thing to it. That is exactly how things are I would say.

neither, both will overstay their welcome and are just becoming tradable shitcoins which will just be used for riding waves, with no actual real world usage.

i think it is going to take while but this is what eventually will happen to this coin. the developer has ruined it forever, but i think he got enough money out of ethereum and by dumping his coins a couple of times on top that he simply doesn't care any more.

That's what I am thinking too.

It seems to me, that the only thing keeping ETH/ETC hot right now is the battle between them.

Hacker is on the way... so forget about parity:)

ETH = Vitalik, money and all hard work which they done.

Who is behind ETC? did you find out? a fucking hacker with his mates keep this chain alive...

"Hard work" :D made my day.

Centralization kills.

Regards,
ChekaZ

Why ETH and ETC are fighting.. i thought that they are just the same company or the devs are the same.. someone are posting here that ethereum are converting right now into ETC so i think ETC will be remain win,

i agree, that and also the huge pump and dump which is going on right now with this massive trade volume has created a lot of heat which obviously attracts a lot of attention from investors since nobody dislikes a big pump like this!

I voted for ETH, not because I am a fan of ETH nor from ETC, just because ETH has still a strong support by businesses and many other projects building apps on the chain. However, it is hard to say now who will be the better one. I also think there is space for both projects.

If ETH wins actually Ethereum will lose because there is no reliability for any project related to Ethereum again. Every time something happen will they hardfork and push everybody to that without any consensus? We see how market reacts when they did it. ETC should be the living fork for Ethereum's future even though DAO made a lot of Ethereum to one person, he didn't abuse the system. It's all Slock.it and DAO's fault.

ETH is already dead, the only hope is ETC since ETH has that blockchain bailout negative fame. The only hope for the project is keeping the original chain. If ETH wins it will be a disaster.

I feel exactly the same!

I'm sorry, what was that you were saying?

Does the forked chain really have strong support by businesses and many other projects? I do not think they made official public announcements to the public giving confidence to Vitalik's chain. Most of the businesses are now refusing to comment and are trying to stay away from all the news. The only businesses that said something in public are Coinbase and BTCe. Some people think their plan is to not allow their users to get ETC and will get it for themselves.

Neither.  ;D

A 3rd party will come in reap the spoils.