Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: dinofelis on August 16, 2016, 01:00:37 PM



Title: ETH + ETC price
Post by: dinofelis on August 16, 2016, 01:00:37 PM
Let us, for the record, note the ETH + ETC price (in $) on regular intervals, to see a trend (I'm not aware of anything available like that).  Even if there is a swing between ETH and ETC, the sum should give an idea in the overall interest in ethereum in general.

Today: ETC 1.81 ; ETH 11.05, sum: 12.86


Title: Re: ETH + ETC price
Post by: dinofelis on August 17, 2016, 07:09:19 AM
Today: ETH: $11.10, ETC: $1.84, ETH + ETC: $12.94


Title: Re: ETH + ETC price
Post by: bbc.reporter on August 17, 2016, 08:16:05 AM
The price should not be the only one to check to see if there is interest. The hash power too must be checked regularly. I believe when true interest in ETC has taken place, the hash power will be the first one to go up in anticipation of the price going up. Miners will be there fighting for coins first before the traders realize that there is a gold rush on going.


Title: Re: ETH + ETC price
Post by: malmoghetto on August 17, 2016, 10:25:42 AM
Maybe there can be a website displays the sum of ETH and ETC, to indicate more info about their sums.   :D


Title: Re: ETH + ETC price
Post by: dinofelis on August 17, 2016, 12:27:03 PM
Maybe there can be a website displays the sum of ETH and ETC, to indicate more info about their sums.   :D

I'm doing something very rough here, but if there is a website doing so already, I'd be interested, but I didn't find one quickly with google...


Title: Re: ETH + ETC price
Post by: dinofelis on August 17, 2016, 12:31:50 PM
The price should not be the only one to check to see if there is interest. The hash power too must be checked regularly. I believe when true interest in ETC has taken place, the hash power will be the first one to go up in anticipation of the price going up. Miners will be there fighting for coins first before the traders realize that there is a gold rush on going.

To me, both are linked.  Normally, the hash rate should be given by the price, because a miner with given equipment will mine when it is profitable to do so which will drive up the hash rate until the margin taken is not worth it any more.

Of course, mining is a way to "buy coins with electricity", but I don't think the mining can influence much the price, because the volumes traded are much larger than the amount of coins mined in the same period. (this is the same argument of why from a purely offer and demand perspective, the bitcoin halving didn't have much effect on the price: the traded volumes are much higher than the 1800 coins less mined a day).

So if mining cannot influence much the price (small compared to daily volume), but the price will determine the hash rate, I think that the important variable is the price.  The hash rate is an almost direct consequence of it.  I don't see miners suddenly increase mining to get more coins at lower market price, if they can buy them cheaper on the market, than the electricity they spend on it btw.



Title: Re: ETH + ETC price
Post by: yhlshabi on August 17, 2016, 04:13:02 PM
Maybe there can be a website displays the sum of ETH and ETC, to indicate more info about their sums.   :D

I'm doing something very rough here, but if there is a website doing so already, I'd be interested, but I didn't find one quickly with google...

It can be a good business to set such site. Because you are no.1 do it, and eth+etc has the research value, speculation value and so on.


Title: Re: ETH + ETC price
Post by: 30sectomarsfan on August 18, 2016, 06:13:06 AM
Basic economics tells you they eventually will meet in the middle. No way over the long run you will double your money like that


Title: Re: ETH + ETC price
Post by: bbc.reporter on August 18, 2016, 07:18:04 AM
The price should not be the only one to check to see if there is interest. The hash power too must be checked regularly. I believe when true interest in ETC has taken place, the hash power will be the first one to go up in anticipation of the price going up. Miners will be there fighting for coins first before the traders realize that there is a gold rush on going.

To me, both are linked.  Normally, the hash rate should be given by the price, because a miner with given equipment will mine when it is profitable to do so which will drive up the hash rate until the margin taken is not worth it any more.

Of course, mining is a way to "buy coins with electricity", but I don't think the mining can influence much the price, because the volumes traded are much larger than the amount of coins mined in the same period. (this is the same argument of why from a purely offer and demand perspective, the bitcoin halving didn't have much effect on the price: the traded volumes are much higher than the 1800 coins less mined a day).

So if mining cannot influence much the price (small compared to daily volume), but the price will determine the hash rate, I think that the important variable is the price.  The hash rate is an almost direct consequence of it.  I don't see miners suddenly increase mining to get more coins at lower market price, if they can buy them cheaper on the market, than the electricity they spend on it btw.



But to me there is speculation that ETH will be the dying chain. Seeing what is happening to the Ethereum foundation now there are signs that they will disband. Where will this take the platform? Slowly the people will shift to ETC and in anticipation to this the miners will transfer ahead of the price rise because they know that it will reach parity anyway. So they mine and accumulate the coins now in order to sell later at parity. That is the logic of my argument.


Title: Re: ETH + ETC price
Post by: dinofelis on August 18, 2016, 08:49:02 AM
Today: ETC: $1.75 ; ETH: $10.97
total: $12.72


Title: Re: ETH + ETC price
Post by: Mastercon on August 18, 2016, 09:02:45 AM
Today: ETC: $1.75 ; ETH: $10.97
total: $12.72

The ETH+ETC price is quite constant around the $12.7 level. It seems the amount of new money can keep pace with the mining rewards.


Title: Re: ETH + ETC price
Post by: dinofelis on August 18, 2016, 09:27:43 AM
Today: ETC: $1.75 ; ETH: $10.97
total: $12.72

The ETH+ETC price is quite constant around the $12.7 level. It seems the amount of new money can keep pace with the mining rewards.

This is not yet precise enough.  The Ethereum inflation (monetary base inflation) is approximately 20% or so on year basis, which puts it to some 2% per month.  We don't have a stability good enough to come to any conclusion on the 2% level on a month, and even more so on a 0.1% level on a daily base.
The "market noise" is way higher than the inflation for the moment, on the time scale we're looking at.


Title: Re: ETH + ETC price
Post by: trickshot22 on August 18, 2016, 05:05:26 PM
Today: ETH: $11.10, ETC: $1.84, ETH + ETC: $12.94
etc price seems to be really low and it is dropping from time to time even more, i hope that this will change soon because i have some etc saved


Title: Re: ETH + ETC price
Post by: Ayers on August 18, 2016, 06:24:45 PM
Today: ETC: $1.75 ; ETH: $10.97
total: $12.72

if you noticed their sum reflect in some way, the old ethereum price chart, when it was over 0.02, or maybe i'm wrong? because the money simple has been divided from the first etheruem and were reversed in the second one, so there are the same money there


Title: Re: ETH + ETC price
Post by: Realetim on August 19, 2016, 07:16:01 AM
Today: ETC: $1.75 ; ETH: $10.97
total: $12.72

if you noticed their sum reflect in some way, the old ethereum price chart, when it was over 0.02, or maybe i'm wrong? because the money simple has been divided from the first etheruem and were reversed in the second one, so there are the same money there

You are right, the combined ETC+ETH price is over 0.02. But that is mainly because the bitcoin price dropped in the last few weeks.


Title: Re: ETH + ETC price
Post by: NorrisK on August 19, 2016, 08:06:19 AM
Before ETC was launched on polo the ETH price was somewhere between 0.022 and 0.023.

It looks like (and is what was to be expected) that the sum of the two has remained around those numbers for most of the time both trading pairs were up. The total market cap of ethereum and ethereum classic have never been more than the orignigal ethereum market cap for a long time.

ETC is basically a parasite to eth, diminishing the value of the original coin without adding value on its own.


Title: Re: ETH + ETC price
Post by: malmoghetto on August 19, 2016, 08:22:18 AM
ETH+ETC is a nice value, they are usually keeping the same value. Roughly ETH up, ETC down, ETH down, ETC up.   ;)


Title: Re: ETH + ETC price
Post by: dinofelis on August 19, 2016, 08:34:19 AM
Today: ETH: $10.74 ; ETC: $1.66
sum: $12.40


Title: Re: ETH + ETC price
Post by: dinofelis on August 20, 2016, 09:04:06 AM
Today: ETH: $11.07 ; ETC: $1.72.

sum: $12.79


Title: Re: ETH + ETC price
Post by: bbc.reporter on August 20, 2016, 12:55:10 PM

....

ETC is basically a parasite to eth, diminishing the value of the original coin without adding value on its own.

This is funny because I mentioned in another thread that ETH is like ETC's testnet. So yes it very much parasitic in coin value and also in development. If ETC lives then ETH will never have success. One of them must die.

I speculate the Ethereum foundation will be running out of funds next year without anyone investing more money in them. Who would trust in them after the display of dirt and stupidity they have shown the community?


Title: Re: ETH + ETC price
Post by: Galer on August 21, 2016, 10:44:20 AM
Today: ETH: $11.07 ; ETC: $1.72.

sum: $12.79

I figured it out that price ETC price is 10-15% of ETH price.Like have a meaning of that 10% of investor in ETH moved in ETC to invest.ETC is doing well now.


Title: Re: ETH + ETC price
Post by: dinofelis on August 21, 2016, 03:57:11 PM
Today (somewhat late...):  ETH: $11.09 ; ETC: $1.71

sum: $12.80


Title: Re: ETH + ETC price
Post by: Pencila on August 21, 2016, 04:53:46 PM
Today (somewhat late...):  ETH: $11.09 ; ETC: $1.71

sum: $12.80

The ETH + ETC price is quite stable for the last few days. It seems the investors are still very interested in the coins.


Title: Re: ETH + ETC price
Post by: Ayers on August 21, 2016, 05:19:17 PM
Today (somewhat late...):  ETH: $11.09 ; ETC: $1.71

sum: $12.80

The ETH + ETC price is quite stable for the last few days. It seems the investors are still very interested in the coins.

i see a slowly decline day by day, it was a bit higher before, don't know if it is only because bitcoin is dumped also or just the ethereum+etc price


Title: Re: ETH + ETC price
Post by: Pursuer on August 22, 2016, 11:05:44 AM
Today (somewhat late...):  ETH: $11.09 ; ETC: $1.71

sum: $12.80

what is the point of posting the price everyday here?
there are charts that you can look at them with daily intervals which is a lot more helpful to make any conclusion rather than numbers alone.

and if you want the sum at least be a little creative and make a chart yourself using excel, with the two lines representing ETC and ETH and the sum (which also I don't really know what good it does to know the sum of these two) but chart is a lot better.


Title: Re: ETH + ETC price
Post by: dinofelis on August 22, 2016, 11:54:39 AM
what is the point of posting the price everyday here?
there are charts that you can look at them with daily intervals which is a lot more helpful to make any conclusion rather than numbers alone.

I don't know where there is a readily available plot with their sum.  If you have a pointer, you're welcome.
My idea was that ETH + ETC is a single market cap of ethereum, the continuation of what was ethereum before the hard fork, and to keep a rough trace of the longer-term evolution of this market cap.  A genuine fork splits the market cap, so the sum is the continuation of the former single coin.


Today: ETH: $11.22 and ETC: $1.71, sum $12.93



Title: Re: ETH + ETC price
Post by: dinofelis on August 22, 2016, 11:55:17 AM
and if you want the sum at least be a little creative and make a chart yourself using excel, with the two lines representing ETC and ETH and the sum (which also I don't really know what good it does to know the sum of these two) but chart is a lot better.

feel free to do so.


Title: Re: ETH + ETC price
Post by: Basteron on August 22, 2016, 05:13:45 PM
what is the point of posting the price everyday here?
there are charts that you can look at them with daily intervals which is a lot more helpful to make any conclusion rather than numbers alone.

I don't know where there is a readily available plot with their sum.  If you have a pointer, you're welcome.
My idea was that ETH + ETC is a single market cap of ethereum, the continuation of what was ethereum before the hard fork, and to keep a rough trace of the longer-term evolution of this market cap.  A genuine fork splits the market cap, so the sum is the continuation of the former single coin.


Today: ETH: $11.22 and ETC: $1.71, sum $12.93



It seems the ETH price has risen a bit in the last few days and the ETC dropped a smaller bit. So the combined price has risen.


Title: Re: ETH + ETC price
Post by: Mastercon on August 23, 2016, 07:57:31 AM
what is the point of posting the price everyday here?
there are charts that you can look at them with daily intervals which is a lot more helpful to make any conclusion rather than numbers alone.

I don't know where there is a readily available plot with their sum.  If you have a pointer, you're welcome.
My idea was that ETH + ETC is a single market cap of ethereum, the continuation of what was ethereum before the hard fork, and to keep a rough trace of the longer-term evolution of this market cap.  A genuine fork splits the market cap, so the sum is the continuation of the former single coin.


Today: ETH: $11.22 and ETC: $1.71, sum $12.93



It seems the ETH price has risen a bit in the last few days and the ETC dropped a smaller bit. So the combined price has risen.

The rise of the ETH compensated the loss of the ETC. The ETC dropped about 70% against the ETH in the last 20 days. It might drop further due to the overhang of the hacker's ETC.


Title: Re: ETH + ETC price
Post by: dinofelis on August 23, 2016, 02:30:52 PM
Today: ETH: $11.04  ETC: $1.58

sum: $12.62


Title: Re: ETH + ETC price
Post by: reb0rn21 on August 23, 2016, 04:50:02 PM
Don`t forget ETH sonish will go to scamy POS, miners will be left with only ETC, duno how match BTC Vitalik and team have to defend their forked baby, but be sure miners are not stupid, why to support something that they have nothing from it
ETH will be in pressure to be dumped hard, miners which supported fork will see ETC as better and viable future for them!


Title: Re: ETH + ETC price
Post by: Mastercon on August 24, 2016, 07:12:26 AM
Don`t forget ETH sonish will go to scamy POS, miners will be left with only ETC, duno how match BTC Vitalik and team have to defend their forked baby, but be sure miners are not stupid, why to support something that they have nothing from it
ETH will be in pressure to be dumped hard, miners which supported fork will see ETC as better and viable future for them!

If the ETH goes PoS only, I will not mine it. I will just mine the ETC at the time.

But I think it will take some time for the ETH to be PoW ony.


Title: Re: ETH + ETC price
Post by: bbc.reporter on August 25, 2016, 07:16:24 AM
How can you mine it when it is POS? You need a big stake to support the network and earn coins. So it would be very much more useful for your rigs to start mining other coins. If you have not heard of the latest news yet I suggest you read about XMR and their acceptance in the darknet market place.


Title: Re: ETH + ETC price
Post by: dinofelis on August 25, 2016, 03:08:06 PM
Today: ETC: $1.35  ETH: $11.25

sum: $12.60


Title: Re: ETH + ETC price
Post by: ironm@n on August 25, 2016, 03:09:14 PM
Volatility is insane with ETC


Title: Re: ETH + ETC price
Post by: leepfrog on August 25, 2016, 03:11:11 PM
Volatility is insane with ETC

That is where the money is.


Title: Re: ETH + ETC price
Post by: dinofelis on August 26, 2016, 12:38:55 PM
today: ETC: $1.45 ; ETH: $11.24

sum: $ 12.69


Title: Re: ETH + ETC price
Post by: dinofelis on August 29, 2016, 12:00:30 PM
today: ETC: $1.31  ETH: $11.00

sum: $12.31


Title: Re: ETH + ETC price
Post by: Benchman on August 29, 2016, 12:32:06 PM
Sum is perfectly balanced because same players play the "ETH + ETC" game.

12,5 is universal target. :)


Title: Re: ETH + ETC price
Post by: Divinespark on August 30, 2016, 05:16:47 AM
What likelihood do you folks assign to the sum of ETH and ETC touching $20 again in the near term? Will it be ETC that will primarily drive this?
Disclosure: long ETC


Title: Re: ETH + ETC price
Post by: bbc.reporter on August 30, 2016, 05:23:27 AM
What likelihood do you folks assign to the sum of ETH and ETC touching $20 again in the near term? Will it be ETC that will primarily drive this?
Disclosure: long ETC

Not likely in the near term. ETH took a hit badly because of their development team and their leader doing stupid and not well thought out schemes. We do not even have any updates about the ETC they were going to dump at Poloniex and Kraken. Are they starting to return it now or are they still holding it ransom to gain leverage on the classic chain?

ETC's hype is gone. There was a proposed creation of a road map and other stuff from Charles Hoskinson but there is no word of it until now. So everything is just business as usual with nothing new. Both ETC and ETH look weak and ETH is just waiting to be dumped now while ETC is still busy looking and finding its bottom. :D


Title: Re: ETH + ETC price
Post by: dinofelis on August 30, 2016, 02:01:05 PM
Today: ETH: $ 11.07, ETC: $1.27

sum: $12.34


Title: Re: ETH + ETC price
Post by: dinofelis on September 02, 2016, 11:21:54 AM
Was gone a few days...

Today: ETH: $12.13   ETC: $1.42

sum: $ 13.45



Title: Re: ETH + ETC price
Post by: bbc.reporter on September 03, 2016, 07:33:27 AM
It will be a good idea to also include the % each has gone up everytime you update the prices. Maybe we can see if ETC is gaining and moving towards parity with ETH. Just a thought. :)


Title: Re: ETH + ETC price
Post by: dinofelis on September 08, 2016, 07:55:24 PM
Whoops.  Forgot to post. 
Today: ETH: $11.41  ; ETC: $1.47

Sum: $12.88



Title: Re: ETH + ETC price
Post by: altseeker on September 09, 2016, 01:21:25 AM
Seems ETH and ETC pulling each other down.


Title: Re: ETH + ETC price
Post by: bbc.reporter on September 09, 2016, 07:51:20 AM
Yes. What is happening? I thought that if ETH goes down, ETC will rise. Now it seems both are going down. But the fall is bigger in ETH than ETC if you noticed. Could this be the people losing confidence in both platforms? What would this is mean for a platform like Lisk?