Bitcoin Forum

Most of the top coins are crashing, only ETC stays at stable price. Why? And will it pump when the market recover or just stay at this price level?
Update: ETC is now falling too. But if you looked at coinmarketcap on 25th Jun you could understand what I said.

Chinese people will take off ETC for sure

Good question , the honest answer would be : everyone don't know .

Still, there is a chance that the price of ETC will increase only when there is the huge demand for ETH. The price of ETH is kept increasing from 50 to 400$ so after ETH there big chance for ETC for only to increase its price.

how could you say that the ETC will only survive? maybe there are several things happening on ETC ecosystem right now and provably that makes the ETC stable right now. And I think the only reason why you can see the price go at its downfall to most all of coins right now is due to healthy trades and price of bitcoins dominance.

yeah maybe I am wrong, as i am a newbie

wouldnt that be something if etc passes eth hahaha

It'a time to buy ETC

Chinise people like ETC, they used one month ago. they support.

probably waiting for chinese buyers so they can dump it on them..

is there any active development on ETC?

check out their roadmap http://www.etcdevteam.com/roadmap.html

Etc. is pumped because of the stability and price impact of some of the top coins.
Once the Etc reaches a fair value it will also be stagnant.

It is a delusion that ETC is stable. ETC is crashing too.
If you want to see the ETC vs ETH exchange rate, there is some improvement, but it is still way below what it was immediately after the fork.
When ETC = 0.1 ETH, we can start considering it as an alternative.

If you check your portfolio by btc quantity, yeah more or less inagree. But if you control by usd, etc is also loosing power. Summer came and some people sold out their btcs maybe  ;D. Maybe it is better to stop checking portfolio for a few months and enjoy the summer  ;D

Etc response to eth

https://m.imgur.com/r/gifs/THxSSyE

I really don't understand why are you saying this. Maybe it was staying at the yesterday's price in time you were posting but right now it's down -11.30% in USD and even down -6.74% in BTC which as we all know has dropped itself.

There is not much Token yet using ETC blockchain. The only that I know of was INPAY. I don't see how ETC will grow but it did by cheer demand of those who thought it will be pumped. I too believe ETC will be big in the future because all the tokens supported by Chinese are going to be big, LTC is just an example.

IIRC, ETC = ETH 1.0

Current ETH did a roll back due to the DAO hack

Although ETH has a very bright future, remember that ETC is a fork of its chain, and if ETH could go over 3 digit, ETC can too.

If ETH is facing issue, traffic congestion, network delay
ETC would be a good choice to switch over

yes, at this this time it's crashing too. If you looked at the charts yesterday you would understand me

etc? so you want to support the daohacker who has stolen multimillions due that hack. Dream on, etc will remain as shitcoin.

I am not sure about it's future but currently it's in top 5

Euhm... etc is the original chain. Eth is the fork coin.

It seems it was just a matter of time, because it plundged today of about 18%. Anyway, I am feeling like this is just some big panic that made all the altcoins fall.

Maybe, or it's just somebody manipulating the market, or it could be both, well the fact is that I do not believe what subject says i.e I do not think ETC can be the only one to survive.

Although the decisions are made more decentralized in ETC, both have the same technology, which means that when projects start to be developed on top of it, ETC may have the same problems that Ethereum is having right now.

sure i think it's time to buy ETC and make a lot of profit.. ;D

this speculation would be hard to believe even most of the coins right now are falling there's still a big question why only etc will survive its not because the value right now is not moving or falling as well but how the traders finds project which can be profitable and useful in the long run and i don't see etc is the only one for that scene.

This is nonsense talk..ETC is original ETH is one who gone off-road.
If something doesn't go down then it is preparing to go up, it the way how thing works here.
Market is always manipulated and this is not new but in this case ETH is one who should be scared..ETC now only can go up.

I dont think ETC will manage to surpass ETH, though Chinese investors are now interested with ETC. But I think it will be used only for pump and dump coins. Just my opinion.

Im not so sure about it going up. I think it can retest $10 during next 1-2 months

But who knows how his faith goes since etc is quitely a good coin for staking and maybe by 1 or next 2 months the price of it will go bubble for more just like other top coins in market cap. So for now lets just follow its movement since many people is doing good for now and yet earning good for little staking.

Yeah, I know, I believe you were right when making that post. Everything changes very quickly. Almost all the cryptos are falling like a waterfall these days. ETC has lost additional -17.28% in the last 24h. % Change (24h) on the coinmarketcap is all red.

At the same time eth lost almost 40% ..

Whales except panic and BTCs also love to see and extraordinary stories which can be used as fuel for the pump. In this case ETC only need more attention so everybody should know real truth about ETH.. I believe this will end up with Replaced roles for ETH and ETC.
It is not important how much time is needed if we can go 15x up..

You have to either support the hacker or a centralized application platform in ETH,hope you have seen what happened with ETH when a large amount of coins were dumped as the price crashed.Either way investing in both these coins has its risk and hence i am not a fan of both. :P

That was right yesterday, but right now the situation is much better. ETC is up +10.68% in USD.

Btw I hope you are not mixing up ETH with ETC, because they are different coins. Overall the situation has changed for better for every known crypto. We can see the eye appealing green color in the "% Change (24h)" on the coinmarketcap.  :)

I think everyone needs to relax a little bit on day-to-day price movements. These things swing wildly. If you can't deal with that, you shouldn't own any coin. 8)

I don't see any logic in your claims. If ETH can't scale, then ETC can't scale if it's the same, and it is. The reason ETC is not facing issue, traffic congestion, network delay etc... it's because no one uses it. If it got the same usage as ETH, it would be the same.

ETH/ETC and the rest are just not attractive long term.

Yes, you are right Crypto are completely build with coding so sometimes there may be delays but I think ETC will also become one of the most reputable coins in the market. Already many people are supporting ETC.

If you compare the rise of Ethereum Classic with Ethereum you will see that the rise of ETC is relatively slow but strong and stable. Which means when the fall start the fall will be relatively low if you compare with ETH. I give you ETH as an example but this is the general situation if you compare ETC with other big altcoins.

I believe it will be 100 dollars etc.Etc going slowly and firmly

Why would it? it has all the flaws of ETH,
There are better technologies today.
The heir of ETH should be superior to it.

I belive that lisk is superior to both eth and etc and will surprise everyone in the upcoming years when it's price will also rally like ethereum.

Not one mention that the Emerald wallet is dropping any day now,, which allows etc based ico's to be sold. This should be a big boost to ETC price.

emerald wallet is there, but nothing changed ... plus , its in alpha stage, we cant even store etc inside .. How do you want to expect a pump if the dev team is not able to deliver a usable product ? it seem they launhed the alpha too fast,

Unfortunately I don't see a big future for ETC, it has limited development and there are better platforms available now than both ETH and ETC for icos.

It may be true what you say, but nevertheless maybe still has an advantage over ETH, and it's limited supply,
uncertainty will be when ETH switch to POS, it´s not yet known how this will affect the price whether in a positive or negative way.

Unless an extremely dedicated team picks up the project, I agree.  Why waste manpower on old tech and concepts?  (although I suppose you could apply this logic to bitcoin as well...)

Why do people say China is in ETC? What do they offer more?

If ETC attains that valuation then i am sure ETH will cross $1000 :D Is there any promising new things coming out of ETC ,i have not heard about anything till now and if they are able to make some interesting projects like the ones we see in ETH,then there is a chance,the competition is higher now.

i did't see any reference regarding OP statement and i think this is pure of personal opinion and indirectly he also would says in the future there is no rivalry for ETC even maybe he thought bitcoin also will be dead and ETC will taking over and will rule cryptocurrency world but in my view it was non sense and i always believe that there is no other coin could be the replacement of bitcoin and always consider bitcoin as the lead of other coin

ETH will be the 1st coin to die...
 Lots of far better techs are behind, and ETH paved a great way for them. Waves for instance.
It's not a death, it's a for of rebirth.