Bitcoin Forum

0.0023 BTC now, up or down?

kraken, bitfinex, poloniex, maybe yunbi.... do you still dont know where it's going?
i'm not saying it will prevail over eth, but to me, it's definitely going up.

Margin trading just enabled on Finex, fasten your seat belts!

https://twitter.com/bitfinex?lang=de

Bitcoin Maximalists will pump it to parity for political reasons IMO, ETH Whales will try their best to dump and dump to keep it down, but Bitcoin Whales are 10x bigger by marketcap than ETH Whales.

Afraid there might be additional selling pressure from the new mining interest on ETC, but I agree, this is political now and subject to whatever team has the deepest pockets. But I do see a long term increase, ETH is so seemingly broken after this last gem that I can't understand people continuing to purchase/hold the asset.

I think buying at 0.0023 will be safe investment however i have bought at 0.0047 range and still in delima whether to sell for big loss or to keep watching how market will move.

Don't know how far in you are to this position, but consider buying more in dips to average your price per share down. Sell during the next surge, if we see a surge. But be careful, you could buy more just to watch it sink even lower. I only buy in 1/3 of my total intended invest for things like this, and buy the rest in response to price movement. So I can price average if I get into trouble.

mined a pocket full, experimentally, & i don't have much at stake so i'm holding long term;
etc is on a proven blockchain, already is being listed in numerous exchanges, has its own community, funds & devs, its financially plausible for miners & has a decent market cap already;
i don't really see it going away; where it's going, though, i'll be closely watching this thread unfold!  8)

Goin up

I predict a $1.50 to $2.00 range for the next few days until new mining capacity makes a play and hits the scene

I don't know how much you have invested but if it's not money you need I think I would hold and wait.
I'm sure there will be some more wild movements.Do not underestimate the pump and dump groups!!
Some pumping up to $5+ I could imagine to happen.Just to make sure to get out in time when you've made your aimed profits.

I know just two things. ETH crew realising it's free money (not to mention ETH whales who wait this hype to be in the peak so they send the price down the drain) + possibility of 51% attack. For me, ETC is doomed to fail. Also, where is the crew developing it, everyone stayed with rightfully forked ETH.

You do not have to be in delima even if the price keeps falling, just exchange ETC for another budding altcoin on coinmarketcap.com, sell high, make your profit and cash out.

i think etc's window of opportunity is a narrow one, but its ideology is much more in line with how most crypto fans think. there's an outside chance it attracts more high class developers who are attracted to what it stands for.

still, the chances are high that it's gonna die soon because of the eth vested interests. i dunno what those guys are gonna do either though. it looks like a shaky proposition right now.

Well, hashrate's slowly increasing on ETC. 51% is always looming over ETC as long as its hashrate is this low. I see the hype dying soon and ETC just going flat at 1$. Who knows, ETC might even last a few months before dying. I'm waiting for more signs, this is going to be an interesting ride. For now, I'm putting my R9 290xs on ETC with the low difficulty there is on the network- I like the coin and all, but it's probably going to die or die slowly. There's still an outside chance both will live, though.

As my speculation because of ethereum will be planning to convert into pos the price will decrease instead of increasing,
This is just my speculation but anytime the price movement can be change..

When hype finishes in few days, price will go down. then will go sideways for a while. and then will see:-)

I'm feeling the same, gonna let it trickle down to the bottom before I rebuy. I have a feeling when this all shakes out, we might be surprised where the price heads. We will see.

ETC still has more trading volume than ETH, but it is decreasing over time...

Let it be known that americanpegasus has a reserved spot on the top of the second page of what will eventually become the second largest topic on the Altcoin Discussion board.  
  
ETC is Ethereum, and here code has consequences.  This is the big leagues folks.

Etc vs Eth.  Both can co-exist I suppose.  The developer of litecoin  Mr. Lee said maybe even one dapp can co exist on both chains and co-exist differently.  Like "parallel universes".     

I don't own either right now.  sold all my dao after the hack and sold all eth before the fork.

Thinking about investing in etc. though.

Is this really happening?

It's on like Tron.   8)

https://twitter.com/DiginomicsNews/status/758834479318261761

http://www.forbes.com/sites/francescoppola/2016/07/28/ethereum-the-battle-of-the-chains/

i do not know why people invest on ETC while other coins and if i watch the rate, is up and down in 2649 - 2993, i think its going down deep for a moment while waiting another news from the devs. i will be buy in range 15-18 and sell it in 25-26 if its available  ;D

still 24-25, watiing for the new up trend

I wait for new low, to buy more:-)

If they find the hacker, ETC will worth more than 5 $

I think you must show up more informations about method your analysis (step by step), are like analysis tecnical or analysis fundamental that be used. It will become full complete for me and another users.

well i bought my first few ETC today. i keep hearing the attacker owns 10% of all ETC is this fact? and if it is a fact does that mean an absolute death sentence price wise if he dumps?

hey,

I had around 2.2k ETH on bitfinex and received 1k ETC. Can anyone tell me why I got almost exactly 1k ETC. How did they calculate it?
Appreciate your help!

ETC is currently under sell pressure..if disappear...boom

Are the ETH lended at the moment of the fork? if not conversion was 1:1 if yes they didn't count.

from poloniex:(https://poloniex.com/press-releases/2016.07.26-responses-to-common-etc-questions/)

I loaned my ETH before the fork, shouldn’t I receive the equal number of ETC when the loan is repaid?

Terms of the Loan
As many of you know, unless you had ETH in your balances at the time of the fork, you did not receive ETC. For those who loaned their ETH to others, keep in mind that the terms of the loan dictate that you receive the same number and type of coins you loaned within X days plus the agreed upon interest. The borrower does not owe you anything less than this, nor does the borrower owe you anything more, regardless of what may have occurred during the borrower's possession of your loaned coins. To assert otherwise on the matter is forcing a debt upon the borrower that undermines the loan terms that were agreed to by all parties.

Possession and Control
When you lend coins, you give up possession and control of them in exchange for an IOU with interest. These coins are actually delivered to the borrower, who can do with them what they wish - place an order, open a position, etc. Based on this principle, those who have actual balances, borrowed or otherwise, hold the rights to anything they may be able to earn with them during the possession period.

no, I didn't lend anything. I'm going to write them, lets see what they say.

Not a math wizard here, but it seems you should have received back the same amount. They should never exchange at a ratio (having 2.2k ETH literally means owning 2.2k ETC, until you move the coins on one of the exchanges. I'll reserve comment until you bring back more info, but it seems like the exchanges are playing this ETC thing very loose and fast.

I don't expect any action going on in ETC for the rest of the weekend. The whales will keep buying low and the real action will begin next week, so time to stock up on ETC. This might be a rare opportunity to get in early on a coin that will pump hard twice.

Here we go...pump in progress... ;D

the current price is quite high ETC, well I guess from these statistics will be a good coin. eth if prices rise, it is likely the price will reach 0.003 BTC, but if it declines, I think it will make the holders etc into a panic, but I hope that if prices start to fall, I hope the price does not go down past the price of BTC 0.002

ETC will surpass ETH at some point. Anything else would just be disgusting given that this is crypto and despite all the crooks and retarded people there are actually some principles that is the foundation of crypto that cannot be broken and deep down people know that. The HF was really really really really awful I f ing hate the HF that was a major screwup really how can so many cooks in the kitchen fuck up the meat so bad.

Also something I thought of. If ETC keeps appreciating in price and ETH moves sideways or down it is very likely we would see a larger influx to ETC I mean just from ETH holders in this scenario. Some ETHers that I know sold their ETC as quickly as possible for some reason.. they were given a free hedge but easy come easy go I guess.

Another scenario is because the fork is a losing chain. The ETH miners are selling all of their mined earnings and will buy more mining rigs to start mining ETC. They will adjust slowly and transfer all their mining power to ETC if it is the winning chain.

New bottom is 3 mBTC

Sure. But I mean it's like a positive feedback loop. It could bring down ETH and replace it with ETC.

So you're the average ETH holder for the technology. You want to use or see the use of smart contracts in the future or whatever. Now ETH moves sideways, but ETC keeps increasing in both hash and market cap everyday. Now you get nervous over holding ETH even if it is moving sideways since ETC is growing rapidly and you can tell it is getting more attention than ETH. The logical thing to do is to sell your ETH and buy ETC, at some benchmark you've set for yourself. Me, I bought it right away out of ideological reasons. Others might have a certain price or like a % out of ETH cap, and so fourth... but the thing is that ETC might actually take down ETH based on this argument I lay out for you all.

Because as time progresses and ETC price increases more and more will sell their ETH in favor for ETC. The thing is that ETH doesn't necessarily need to go up or down for ETC to succeed but it seems likely it could go down some in the future should this scenario play out which I think it will.


To sum it up at some point ETC will be worth more than ETH. And ETH doesn't necessarily need to drop in price for this to occur, but it seems likely it will.

I think if ETC continues to rise the bitcoins to buy it come mostly from ETH holders as they sell and so it's basically just a transfer of wealth from ETH to ETC and also other investors that just simply want to take part in the action for profits.

But there is still the looming threat of the DAO and when that individual will sell his coins.  He could dump them as many people expect but more likely he could just let them slowly enter the market and sell them for greater profits. The volume is pretty high for ETC so it would be easy for him to slowly sell off coins and the market could remain completely unaware of it, heck even a dump wouldn't even be considered unusual in the market.

ETC is obviously going up but we are going to see a correction back to 250 ish territory before we start going for ETH's parity. Still time to buy cheaper.

Probably 1-2 chinese BTC whales are dumping BTC attempting to push ETC price, but they hit on a DUMP wall as soon as the price is increasing lol. And they are crashing BTC price while doing that, because, the stronger the pump, the stronger the dump. This may end up being one of the biggest failed pumps in cryptocurrency history and they'll end up losing alot of money if people are smart enough dumping before they do.

its been a crazy morning today, look how thin is the sell walls!  ;D grab your coffee and keep calm and profit ! ^^

https://i.imgur.com/93LNSUv.png


This is what happens when a contentious hard fork is forced through without the consent of the socioeconomic majority.

Apparently, a significant number of ETH are were owned by Bitcoin Maximalists.

I speculate the leakage will continue in flows resembling the transfer of matter between a black hole and companion star.

A staggering amount of energy will be released.  It should be a specular show as the market absorbs the current dumping by Bailout Maximalists, then crosses the tipping point into sustained higher hashrates mining ETC (IE the unforked orginal branch).

soon 0.01 ;D

I guess this is the most decent speculation thread I can find for ETC.  Posting this here instead of making a new thread...

What do you guys think?

https://i.imgur.com/eEVWrB1.jpg

Has ETC hit bottom and starting to break out?

yea looks good actually on the chart..
but dunno how far it can go really..
last 2 times i held all the way up and all the way down :X

^  Third time's a charm?  Lolol.  But yeah...  That's what stop losses are for.  Keep them losses small guys (in case some of you went out and bought some ETC with me ;)).

And ofc...  My stop loss got hit and on it goes back up again like nothing happened.  :(  My losses for the past couple of years have been like it.  Small but they do add up and looking at the total sickens my stomach.  It would've been better to stay in the side lines and do nothing.  

Putting a stop loss in the crypto market is close to suicide and with ETH planning to change their network completely the miners who were mining them might shift to ETC and if that happens we might see some movements in the market, it is my speculation as i am expecting some blunder while implementing the change in ETH and that could help the ETC market in some way  :).

Damn...  Looking at ETC's chart right now.  I'm kicking myself for being such a little bitch and placing my stop loss too close. 

It seems that the ETC price is currently showing bullish signs.  It was stated the the bearish long trend of ETC is already broken and is now showing a bullish sign.  You can see the analysis here: https://www.tradingview.com/chart/ETCBTC/g7Q7lw8h-ETC-BTC-Long-Term-Downtrend-has-been-Broken/

*Checks the price*

Is there a YT video that could teach me how I can kick myself in the butt?  I think I'm gonna need it now...

Yeah, it´s still kicking  ;D

Check out the chart guys...  Looks like the ETC community is seeing new long term community members coming in.  ;D

(Yes, I'm salty for not riding the move.  I was right there at 4.50ish!)

well if it falls to that levels again (3$ - 4$)
just buy and hold until patiently until the next big move
i missed the ETC ride twice and this one i didn't because i decided to do that

According to my analysis of the ETC chart, it is being supported at a very good level, which is $ 7.9. That price is supported by a very important point in the Fibonacci Retracment, which is 0.618. That's why when it fell to the price of $ 7.9, it soared again. Now it is at a big resistance at line 0.5 in Fibo. If in 3 days its price rises above $ 8.6 then it is a very good time for us to buy.

In your assumption what is the perfect entry point in this coin according to your Fibonacci chart and what are the support and resistance levels and what is the future of this coin, hope you are following the development and i would like to know what are their plans for the future and how they are planning to be different from their fork coin and are they also following the protocol change to POS.

Well f**k me.  I think one of the the biggest moves in alts could be happening right in front of me and I'm missing it.  Could ETC be the one to flippen ETH?  I mean with it going PoS and all...

And do you guys remember the rumors about Bitmain supporting ETC as the coin for their new ASIC's?

Is this a good thing? ASICs kinda ruined fun for BTC and took away mining from the people and centralized it as the technology was way cheaper for manufacturers then end user. Why would ETC change so much? Curious cos I believe that people are past POS hype and know that interests are just terrible there. Do you really think there is a chance to take over ETH's infrastructure and make developers switch?