Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: viking02 on August 07, 2017, 06:46:33 AM



Title: ETH Classic Questions
Post by: viking02 on August 07, 2017, 06:46:33 AM
Hey all.  So we all know about ETH.  I had saw they had ETH Classic but i didn't think much about it since i thought it was just like a low quality version of ETH.  However, ever since bitcoin had that fork where there is bitcoin cash, i wanted to know... was ETH Classic a fork of ETH?  And if so, did that mean anyone that had ETH around that time would get equal shares of ETH Classic? 


I had read something about this but not sure if it is true or not.   I thought ETH Classic was just another ETH coin created.  Can someone briefly explain this?  And if this is the case, wouldn't that mean bitcoin cash will probably do the same thing like ETH Classic and value would go all the way down?



Title: Re: ETH Classic Questions
Post by: viking02 on August 07, 2017, 06:48:24 AM
Okay i took a look at chart and ETH Classic started out at a very low price.  However, was there a fork in ETH?  And if so, when this happened, what was the price of ETH Classic?  Did both ETH and ETH Classic prices went down when this all occurred?  I literally had no idea ETH Classic was a fork of ETH if that is indeed true.  And if so, did they get equal shares equal to the amount of ETH one had?


Title: Re: ETH Classic Questions
Post by: rayk on August 07, 2017, 06:53:36 AM
For all prices during its life you can look at coinmarketcap, due to the dao hack, hard fark was happened and now real main chain is ethereum classic and it is decentralized and immutable.


Title: Re: ETH Classic Questions
Post by: Vikingr on August 07, 2017, 10:44:59 PM
For all prices during its life you can look at coinmarketcap, due to the dao hack, hard fark was happened and now real main chain is ethereum classic and it is decentralized and immutable.
I don’t think eth has the propriety of attracting masses like bitcoins. It is just new to the crypto world and totally dross. I don’t find any new and interesting thing in it. Eth has never exhibited any pump where it has touched the sky, leaving people happy. Moreover, decentralization is very common now in the crypto world.