Bitcoin Forum

ETC has been recently going up in value because.
There is an upcoming fork of ETC which is planned to take place at sept 17th.
https://www.ccn.com/ethereum-fork-bitcoin-price/

It seems that price started the hype well before the fork, we have several weeks to go. What do you think, is this fork such a big deal and how high the price will go up ?

For me, this is news about Fort ETC. What is the essence of this fork?
Growth a few weeks before a fork is a common occurrence. As soon as there is a lot of news about this event, it is too late to buy. Those who bought much earlier and want to make a profit will use the liquidity of new buyers who came in the news. Usual market history.

The announcement of Ethereum hard fork relased more than two months ago and till now we have not seen any big effect on the price. Price of Ethereum Classic has changed same as other altcoins.
Any way, Atlantis hard fork which you are talking about will likely cause the Ethereum Classic's price to rise a bit in coming days. According to my experience with the past forks of different coins, the price rise usually continues till a few days before the fork. But after that we will face a price dump. However it is also dependent on the overall market condition.
So, if the market is stable, I expect a little price rise and then a dump.

As usual for a fork, it will begin to lead to expectation and investors will start gathering. So this fork is not being different which is what we are observing already. After the fork in September, I don't expect anything that will be extra ordinary because the market is still led by bitcoin.

Fork nowadays aren't really a thing anymore. Investors are still in but I don't see any significance about the event.
Right, nothing has to be expected anymore.

In the past month, ETC prices have risen from $ 6 to $ 7. it looks like the price is still quite far considering ETC has Suply nearly 13 million

Thank for the information, I almost foget the ETC all about their popularity is almost dead during the bear market, now it is exciting to heard about the new fork for the correction of etc for possible grow up again their  price in the coin market and it possible to help for ethereum to bring their price increase.

Personally I am not a fan of Ethereum Classic for I don't really think that it's existence really matters and with another fork of it, don't get me hooked to ever use it.

With the positive price action of ETC because of this "Fork" NEWS, it's good,  but generally I don't think this would get bigger. My speculation is maximum of +25% from the current price upon posting.

Be careful because ETC will become another PnD coin before the fork.

For me the next fork of ETC will give just a temporary effect to the price of ETC and look at how already happened with the old ETC fork like https://coinmarketcap.com/currencies/callisto-network/
 It has already abandoned and and ended as a garbage coin.
I have expected the same thing will happen with the next fork.

The peak price is around $28, and if there's no progress with ETC then we can't expect a new high. The fork can't make the price up that much, we should see a more convincing improvements that can give the investors more assurance. ETC is a good coin before but it drops suddenly along with the altcoins, I wish that it can survive but the fork doesn't give a go signal to buy for me.

I wonder how much the price will increase before and after the fork. If I check on the market, the price seems to start to increase, and I hope that it will still increase and hit the highest price before the fork happen. I hope that this time, the price can increase by more than $10 so I can recover my losses from ETC. Many people want to see ETC can hit the highest rate again like before, and I think they still buying ETC in a huge amount because they don't want to miss the chance to make a profit from ETC.

won't go up long then go down again, it's hard for altcoin to go up now because i think bitcoin is still in a sideway state.
I think if you have bought ETC sell it now.

I was looking at the price previous days ago when all the coins are in a slump and find it surprising to see ETC enjoying a + despite all coins bleeding. So I checked and found out that there is indeed a fork scheduled. So I'm not surprised by the sudden spike, everything here is about news and this news is the selling point.

Why not? we take the ride before the actual fork date and make money right? But just be cautious though, I mean we all know that everything here can be manipulated, so don't be greedy. If you think you have made a good money, exit and don't let the market price fool you in the end.

I think ETC, even though there is FORK, will never be able to give a good surprise because I see this ETC platform is very weak and there are no developments that can attract investors. must be careful if you want to buy or participate in the ETC fork.

Gone are the days where fork news is important for certain price increase movement but as years goes by these upgrade or even news doesnt
already give out some impact towards a certain coin price.Its just like a typical news where people already get done on believing that there would be an effect later on.
We have seen it on LTC and this do proves out that not all fork events does affect its price.

Another blind coin trying to give birth to a deaf and dumb, the fork will actually be useless, because even the main ETC has been nothing but disappointment, and I had even forgotten about this coin, if now that you are just reminding me of my investment in the coin.

This coin needs to develop fully force and the team focus on making the coin great before we can talk of fork for it, now the fork coin that would be coming out of it, what is it going to be for? And what will be its real use case, I bet that the same function of etc. is what this one will claim to come and make better and I don’t know if people will ever accept it, I really don’t see much volume for it and I would advise that you don’t waste any more of your time on this coin.

I see that Ethereum Classic and Bitcoin SV has something similar - both want to follow the original idea, but why they are currently on the descent? Maybe coins need to improve in a time and not blindly follow some ideas?

You can call that a protocol upgrade. Monero have such protocol upgrades every half year. He make them with help of hardforks.

There's no such thing as miracle in this industry all happen with reasons it could either a pump or dump scheme, adoption of individuals towards crypto and etc. ETH may back that value again in the future it could take longer or not but miracles will not be present for that to happen.

What kind of decent are you talking about?
someone paid $4650 for Beijing today and $888 for Cairo, two days ago Seoul sold for $2999
https://cityonchain.com/
https://i.ibb.co/Km582vS/Untitled.jpg (https://ibb.co/DL1j92T)

At the moment it seems promising, regarding price movement.
The pump has hold its ground and I think that there will be one more jump and then dump just before ETC fork.
I am saying that from TA view and experience.

I really like speculating on events like this. 3 days ago, after the media spread the news about ETC hard fork and it increased by more than 20% in 2 consecutive days.
The price of ETC will increase further when it is close to the time of hard fork, wait and choose the right time to buy.

Why are they trying to follow similar idea when they can just simply develop a new concept already and come up with a new innovation, this is part of the laziness I talked about and stealing, because all these forks are just copycat of the original coin and I see it as stealing of idea.  Any guru should be able to think out of the box and then release a project that will be entirely new to people and a project that people will like to use so that it can create high demand.

I am not the type that really sees all forks of any coin really lasting long in the market because people will eventually see their original version as a better one. Why would I use ethereum fork when I can just use the classic itself. Most of these forks are just scam.

Everyone catches up to get that coin before the fork. Though there's still some hype within it but it's not the same anymore as before. Everytime there will be a forking news it seems to be a good news for some but not a surprising thing anymore. I guess everyone just have a thought that it's no longer important and we're leaning on the current market swings. And for the fork of LTC, I think the positive effect will really take on after several months to be seen.

As of this days dump in whole crypto market , ETC also dropped like a rock. Today it looks that new speculative fork price action will not continue . I am personally not going to speculate further on this fork, it seems very unlikely that the price will recover to 7+ USD till the fork.

I guess, here, Atlantis is meant. Ethereum Classic and its future fork were discussed, and most experts are positive about it. BitForex will support the upcoming ETC New Atlantis hard fork. It might affect ETC price positively and bring good changes for all. It is supposed that the fork will happen on September 13. This news has already affecter Ethereum Classic price, and it gained a lot.

Either it is a positive or negative result still be fine. Most of the outcomes from the hard fork is a price increase which I believe that will happen also after. But we still consider the demand of the people and their perceptions towards ETC cause the possible outcomes are coming from this. Hopefully, there is no bad news that will be coming out before the date and FOMO won't show up.

I ask myself about is there any chance for ETC to rise again after this fall? But then, I think I have the answer, and the answer is no because of ETC hard to climb higher as ethereum, but I don't know. Maybe I could be wrong to say that because every coin in the market will have a chance to rise again like before and that could happen too with ETC. Although I think ETC was already hard fork, it doesn't make the price can increase very high, and now, the price is down again like before.

Maybe ETC needs longer to increase and make the highest price, but if ETC is one of the potential coins, then I think it will increase in the right time. So for people who still hold ETC, and they still want to buy more ETC, they can use this time to buy as many ETC they want as the price still at the lower price. They will regret it later if they don't buy, especially if the price has to rally to a higher price.

negative result such as decline of the price wasnt fine to most of us especially if we are not the one's that buys regularly  . the dump of the price were only a thing for those who are investing on this coin .

thats true  . its known popularly that hf or hardfork up's the price of a coin but the coins performance will also matter in here . no matter how often the coin will undergo in a hf but if its a bad coin , people wont still be interested to purchase more  . in the case of etc , etc is already making a name so etc will surely go up after its forking .