Bitcoin Forum

Hey guys,

As all of us know ETH will switch to POS .. so mining [forging] will happen in Master nodes

So ., what happens to the miners ?? they switch ., and if their devices are tweaked to mine ETH they will probably switch to ETC

 Which in return will raise ETC [i myself think it'll reach ~50-100 USD right before the switch and up to ~200 USD afterwards  8) ]

What do you think ??

Share your opinion and all opinion are welcome even if you believe that ETC is a shit coin but mention your reasons

All those ETH Lambo threads popping out in the last days make me feel that we will see a big dump before the next leg ups.

i'm talking about ETC - Etherium Classic not ETH

Let's say it go up to $200 (very unlikely anytime soon) that's only x10. So to buy a lambo you need atleast invest about $20k at todays price to afford a lambo.

I'm willing to put about $2k on ETC soon
=> at 10X .. $20K
and with other ALTs the sum can go up to 30k in few months  8) ..

So that lambo isn't that far  ;D
also used lambo is still a lambo  ;D ;D

Do you know what day it will be happening?

yes, a very big lambo
https://www.technikboerse.com/thumbnails/49014327/4946513/49014327_680897_800x600.jpg

Do you really think ETC value will rise once everyone points their mining rigs to mine ETC instead of ETH?
Miners need to pay for their rigs too. What will they do with the ETC they mine? They will DUMP IT.

So yeah i think the price will go down.

I don't know the exact date .. but i think between 15th Dec 2017 and 15 Jan 2018

also this paper was published on ETH github on Aug.. so we know that it must happen soon
https://github.com/ethereum/research/wiki/Casper-Version-1-Implementation-Guide (https://github.com/ethereum/research/wiki/Casper-Version-1-Implementation-Guide)

with a lot of miners pointing to a coin the shares will be divided over more people ..
 so that makes their rewards little pieces of that coin so they sure won't dump 30 days of mining for low prices.,
They are the key factor of rising the price at the first place

They won't dump it easily, miners are well known to be holders as well. They won't sell it easily for just pennies, they would rather hold long term than sell what they mined cheap and for this reason I think it will surely rise. With ETH not being mined anymore, for sure a lot of those miners will move to ETC. Still, it ain't necessary for miners to mine just ETC so probably it will not moon soon if some moves to other mineable coins.

There is no fixed supply on ethereum classic that means about the inflation will come to the ethereum classic. As a lot of people are happy with ethereum because the fixed supply and that will be different with ethereum classic. A lot of the miner will try to mining it and then dump it to the market. Ethereum was actively give various development. At the same time etc does nothing.

How see you that ETC does nothing? Other side. Ethereum with such supply not decentralized. And can do fork on his wishes. Hack - fork, hack - fork. One team can do this such times as want. But it's impossible for ETC!

It's his pure opinion .., however people who bought yesterday after i posted made Neat 17.5%  from 21.xx$ to 26.xx$ 8) so i'll be keeping some of that and rearrange my cards for today

And there you have the essence of Ethereum - lambo dreams in smart suits, people with briefcases who didn't make Ivy League so they see crypto as their way to riches. ETC is the ideological truists, so they will never be the ones to say lambo moons. But with crypto, since all of us here are looking to make money, I guess any altcoin can become the new playground for miners and holders. Wait for the whales to come on, if they do, then we'll see ETC price make serious moves.

But yeah, same effect for me. When the lambo threads pop up, prepare for the big dip.

yeah, it was as you say.the theft coin is divided by hard fork.full of nonsense and scam.
The ones who play are dividing the money.  :D

ETC is not a shitcoin.. actually one of the best coins out there
they have a very big support in china and korea
and their SUMMIT was very succesful, x3 since the summit :)

i think that many of the miners will move to ETC, and i think that more and more people will start developing ETC projects, because they really heading to the future of IOT

ETC these last days had some crazy returns.. it was trading at about 12 dollars a couple of months ago and it skyrocketed to 30 today, that's nuts. Who knows where it will reach short term, the outlook is extremely bullish but I expect a major retrace back to the 20 levels. The reason for that is because ETC is essentially not offering anything competitive enough to keep long-term profits coming. The project is at best mediocre and I'm wondering how the team managed to keep it alive for so long. The development is sluggish and the releases are slow (as with every blockchain) if you want to make a short term profit go for it and trade ETC, but if you're in it for the long-term I would suggest to invest your money somewhere else.

ETC is one of those unpredictable coins. Similar in legitimacy to Bitcoin Cash, it’s been all over the place and is going to pump any time there’s volatility in it’s “normal” version of the fork. In the sort term I’m sure it’s going to see a good jump in price, and then in a few years when ETH goes POS I’m sure it’ll see another massive boost.

ETC very nice coin. With excellent prospects for 2018. I think in 2018 we will see cirfu $ 200. A huge group of fans. Added to the many exchanges. Indeed, if miners will take on classic too, the price will go up. Also, it carried out ICO too, which will add to the popularity. But in the spring, it only cost a dollar...

The pump we are now seeing of ETC, it is only because of the volatility of ETH or are there more reasons?
If ETH goes POS and miners switch to ETC, than for sure price will go up!

I think you made a very good analysis! ETC price is already rising but it's gonna rise even further next year. Also remember this is the "real" Ethereum and ETH is just the altcoin coming out after the fork. So I see no reason why ETC price cannot be as ETH's one (or even higher!)

Ethereum is a very promissing coin, the technology and the platform are the best ones to get and i have big plans with ethereum. There are a lot of projects based on Ethereum technology so there are only good signs.

man you are far wrong.. its unpredictable for you maybe
other people who made a research saw it coming
they are far better than ETH in the idea of immutability, they'll have better virtual machine, they have development around the world including the team of IOHK
many more good things ...
just follow in twitter and you will know
before you talk like this, because it far away from being like bitcoin cash

watch etcsummit.com/resources this videos
10-15 hours of info ..
watch a hour of it and tell me if it still looks unpredictable

with 97.886.706 coin supply for at least 100$ per coin means almost 10bn marketcap , the hype should be unreal to attract 7bn

For a short term coming close to this numbers can be real but i am agree with your calculation. That's why pumpers always looking for low volume and unknown coin/tokens and always test their system before doing main attack ;)

Bbullish trend line forming with support at $26.00 on the hourly chart of the ETC/USD pair.

it's not gonna hold too much at this level

Its seems quite stable at the moment, this was quite a ride. And the mining reduction is coming soon

Is the price just rising because of the fork? Or is it a new exchange news or other news?

Probably due to miners migrating from ETH

I do believe agree that the switch might be switching at least portion of it to ETC as i think ETC does not has the roadmap of converting to POS? Correct me if i am wrong

Anyhow, there are also other coins that is available to mine with good profit like UBIQ, Expanse and so

This is not Ethereum. It's ETC - Classic. Different team, different community, different development and roadmap.

Guys, why you think that more miners is good? It's mean hashrate growth and with reducing rewards to block it's mean less profit. May be now last pump  ;D

Honestly, more miners would probably be bad in the sense that there would be more people selling coins; although that will probably be off set by the hype when ETH goes POS and ETC remains POW.


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I don't think there's any sort of new news or anything, just a rise in price for no apparent reason.

I think Ethereum Classic will never see 100 dollars as everyone says, and many people lie to people on this subject. Ethereum has already forked once and, as far as I know, forks always come after their origin.

thank you for the annaouncement, with this lambo moon son can be realized. if i also supported your opinion and a little extra from me that if every dev have idea of ​​development for this hence will more skses again as well as do followers regulation to do post at thread once per heart. then there will be an increase in enthusiasts and can affect the price

No one knows the exact date the price is going to higher if we all knew then we will all be rich, ETC is a project that I like, in fact I like it better than ETH but to think it is going up that fast is a mistake, many people want the same kind of growth we had a few months ago but that is not going to happen, we miss it, now we need to find other coins that have the potential to have that growth in the future.

It is not. The miners are not migrating from ethereum right now because the ethereum still gain a lot of the interest. It caused by the short term hype. as you can see the etc alreayd plunged again that means there is no a lot of the fundamental reason to give the support like to etc.