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It's been 4 years since Ethereum Classic's inception, bringing development and innovation along the way. One of the most noticeable improvements is the hard cap in supply. The ETC team has been able to successfully "defuse" the ETH "bomb" in order to keep the mining process "chugging" along for the foreseeable future. A hard cap of only 210 million coins was introduced on ETC in order to make it a scarce cryptocurrency just like Bitcoin is today. At a programmed number of blocks, the reward will be reduced on the Blockchain in a similar fashion to Bitcoin's block reward halving event.

Considering this, and some other features ETC has, I sometimes think the same is undervalued. The Ethereum blockchain will be shifting into PoS, so miners might migrate into ETC. If they do, demand for each coin might rise on the market like skyrocket. But if they don't, prices will stale. Comparing current prices vs total supply of the coin, it seems that ETC is way undervalued and under the radar of serious traders and investors alike.

What are your thoughts? Is Ethereum Classic undervalued? What do you think its price will be in the future? ???

This was not in my knowledge, I always thought ETC has no limit like ETH. However, I have no idea how to evaluate it. I do have some ETH in holding from long ago and waiting for a better price point to sell them for BTC lol

If the price is too low for ETC then it might worth a shot.

I personally think that when ETH switches to POS that miners may well point their rigs at ETC and that in turn might push the price up.

I bought 20 ETC this week as at $9.50 AUD it seems relatively cheap as a long term investment :)

If you are into crypto for a long term ride then it's good if you can buy ethereum classic right now, it's so undervalued and if Bitcoin rise better in near future ETC will bring better return of investment

Yes, the Ethereum classic is in undervalue stage because whatever the result the ETH has given these days the ETH Classic still in normal mood. You can gauge the ETH Classic value as same as the Ethereum because both have same features and functionality. So, buy this coin.

Ethereum classic is not undervàlued by any chance but what affected it price/level of support it because it operated the same concept of the two top coins in the market. What concept I'm i talking about?
It offers building of decentralized applications that run on it blockchain which ETH does.
It is also not controls or owns anyone just like Bitcoin. You cant expect Bitcoin and ETH enthusiasts and miners to leave this two coins for Ethereum Classic.

There's a possibility that the coin is undervalued cause it hard an hard fork this month which ought to influence it price and i also believe the reason behind ETC undervalued was because crypto market is in manipulation stage which literally  affected every crypto in the market include BTC.

ETC worth a shot as you presumed but i will advise to invest wisely.

Ethereum classic still undervalued, and if we look at the history, ethereum classic price can not increase so high than ethereum. I don't know, maybe the dev and the teams are not make something, or there is another reason why ethereum classic still at the low price. But with the price now and the next bull run, I think that it can be possible for ethereum classic price to increase, and we hope that the price will be the ethereum price.

Agreed, because any fork coin or project that reproduced a previous project procedure will always live in the shadow of the project imitated and this is what happened is the smart contract platform very coin that offers after ETH never flourished above ETH. It better to more concept which will make coin stand out in the market when reproducing others ideas.

I can't remember correctly but I think long ago I bought some ETC at $20+ or something however I remember correctly that I made some profit when I sold them though.

These days, I am not into investing in alt. So I am safe from risk taking :-P

Ethereum classic performance is still good, so if you mention that the ETC undervalue in my opinion is wrong,
because the price of $ 6 for ETC is very good, maybe the long term ETC can be $ 12- $ 16

At least for today it is very difficult to say something about the prospects of Ethereum Classic. The fact is that this coin keeps afloat due to popularity among traders and, first of all, its value is supported due to available mining, with a certain degree of benefit. And these are practically the only factors on which the success of the Ethereum classic depends, since this coin has no other functionality yet.

Right now there is 116 million ETC, what is 5 million more then ETH. Pretty similar for both but far from Bitcoin that is still under 18 millions. ETC is worth almost a billion, what I think is quite a lot. If a lot people will use their platform then price will increase. If that is not the case price of ETC will stay where it is now.

I can say everytime to a forked coin which is way more better than into its parent just like on what happen on BTC itself. We can presume out that it wont easily able to beat up on where it do came from.
This had shown in all forked coins out there that they can able to go beyond in terms of price.Each of us do have our own inputs or insights towards each coin, if we do see it undervalued then we can opt
in to risk to throw up some money to invest on and lets hope for the best on upcoming years and can potentially give that profit that we are aiming but everything doesnt have an assurance
no matter how good it is, actually there are lots of undervalued coins in the market which isnt on the top rankings but still lying low when it comes to its price.

Ethereum classic is just undervalued and it is really good to buy any coin at a low price and wait for price increases. No doubt some investors like short term investment, but in my mind, ETC is not so good for short term investment.  ETC is great for long-term investment. Like every altcoin, just ETC depend also on price of BTC. As you above mentioned if BTC start rising up, ETC will also get up.

Only coins that have use case and are useful can have demand and will be worth anything in the future. The rest 99% of coins wil be worth close to zero.

It would really be tested out by time and only to those coins which do have actual utility would really last and the rest will really be dumped down to the ground very hard.
We can say that ETC would be heading on that situation and ETC is on top 20 on the entire cap.So its still  hard to presume on that it wont have the chance to fly with colors
in the future but as an investor then always take precautions on making investment steps because you wouldnt know on what are the things that would happen in next.

i think the next bull runs rising star will be etc..

i dont know too much things but if grayscale in i am in too..

Grayscale funds daily rising and when u look at it their 3rd biggest invest is etc. not litecoin , bitcoin cash zec or others.

i give a chance and bought 100 etc for long term .

if we will se again bitcoin ath  etc will suprise all of us

Ethereum classic still have valued and the only coin from Ethereum hardfork can survive until more than 4 years.
in other chance ETC still consistantly in the market when demand still high and can survive event and blood red market.
and maybe for now people just take some rest in Ethereum classic

Is there any serious development going on in Ethereum Classic and i do not see any news coming out from the development team and there were reports that they were struggling to stay afloat because of financial issues and if you take all these things into consideration you cannot expect the price of Ethereum Classic to move higher. The valuation of a coin is determined by the market and as long as the investors are not interested then you cannot expect the price to grow.

When it comes to cryptocurrencies in general you can't really say if it is undervalued  or overvalues since you don't have the data to do so. To know of something is under or over valued you must know first the fair market value of it which in the crypto induatry you won't be able to also identify since what we only have is the current present price for it. ETCs are not like security tokens where you can directly connect that token to a company's financial performance you just basically have supply and demand and the best way to you if you want to profit from it is through technical analysis. 

I think most people going for ETC will be either to make quick profit or just some kinda support to the coin The ETC news is rarely known to most cryptor users especially the news one They will prefer ETH than it and am sure you cant blame them for that

Ethereum Classic is not a very popular coin, in my opinion. Why use Ethereum Classic if there is an ETH. If we take the issue of price, then it all depends on oi manipulation and speculation

there is no clear product development for ethereum classic. as you said, it would be better to choose ETH because we can also see the use of the platform and its development.

I do not think etc is undervalued . Even if the actually price is 35x cheaper I think in 2021 Etc will have a big pump . Also miners from eth network should consider etc

That's right. If the team of ETC make more development and try to add more adoption on it. Than we can see some uptrend on the price as well as on the popularity. All the mainstreams news website will discuss about it more and many users won't tag it as an undervalued coins. This is just my thought about it. It differ from person to person. So we need to research more and more .

Actually Ethereum Classic (https://www.worldcoinindex.com/trending/overview) has been doing pretty well in the past 3 month. According to the overview Ethereum classic has growth 68% in 180days.


https://i.imgur.com/4RBHiEF.png

Considering the fact that Ethereum Classic in December 2017 reached $ 48, and today it’s almost $ 6.29, which is almost 7 times less, then I believe that the indicators of Ethereum Classic on the cryptocurrency market are no different from other top-rated cryptocurrencies such as Bitcoin and Ethereum, because ETH is now also more than six times lower in price than at the end of 2017. therefore, I do not think that Ethereum Classic is underestimated, which means it has stable demand in the market.

Agree. Prices will increase according to demand on the market. While ETC has greater total supply than Bitcoin, it's still much scarcer than Ethereum. The fact that the team has "diffused" the "difficulty bomb" and adopted a monetary policy for an Ethereum-based blockchain network, gives ETC an advantage over other forks on the market. The limited supply is what makes it unique relative to the original Ethereum (ETH) these days. My guess is that miners from the ETH chain will quickly flock into the ETC chain once the former goes full PoS. This will give Ethereum Classic a greater degree of security than ETH itself. Of course, the vast majority of people will be using ETH on top of ETC because of mainstream popularity. But, ETC will serve its unique purposes in life just like Bitcoin today.

With a price of average $6 per coin, I think that ETC is quite a bargain these days. I'm hoping it goes all the way to $20 in the not-so-distant future. If Bitcoin goes all the way to the moon soon, I think this will become a reality. Even with a price of $20 per coin, ETC will be quite undervalued because ETH has a higher price and greater inflation. There's no defined max supply for ETH, so it's expected that the cryptocurrency will go lower in price over time. It's odd to find it all the other way around, defying "the laws of economics". In crypto land where strange and bizarre things happen, anything's possible.

Nonetheless, I think this it's the perfect time to accumulate some ETC before the next bull market. Once BTC gets past $20k, things will become interesting for ETC. Those who invested now, might be able to obtain great profits in the future. As always, do your own research before investing in any cryptocurrency based on other's opinion. As long as you do that, you'll be safe in this widely unpredictable world of crypto. For what's left, ETC seems to be going on the right path since its inception back in 2016. It'll be one of those cryptocurrencies that will never die in the long run. Just my thoughts ;D

ETC is one of the alts that made the wind during the time Bitcoin grew to $ 10k but did not seem to have a voice at the moment. it is possible that the price of ETC has increased due to its halving event and now after a sharp price increase it stops that fomo. It seems to be undervalued right now and this will be a good time to buy and hold for a long time. Hopefully bitcoin halving will help it return to $ 12 soon.

When there is a good price spikes of bitcoin all alts will be vulnerable of having huge increase. That will always be a tentative situation to expect because that's still a hard thing to see. We must be patient enough to wait for etc to recover back at higher value, because if you lose hope while you owned etc I guess that's a biggest lost at all.

Indeed, the reality is that the ETC is undervalued, even though the performance isn't bad. Perhaps it is often compared to ETH performance,
so ETC is undervalued. I am among those who were surprised when the beginning of 2020 the price of the ETC pump to $ 11. Even though
at the end of 2019 it would still be priced at $ 3- $ 4. Since then I started to be interested in investing in ETC, I ended up buying ETC when
it was priced at $ 5. And now ETC prices are slowly rising, according to my predictions the ETC could go up to $ 20 by the end of this year.
So if anyone intends to invest in ETC can buy at current prices.

thats what undervalued means . good coins but hardly being appreciated  . a coin wont be called undervalued if its performing bad and the more it wont be noticed   .

where in fact year today was more toxic and people expect the coins will be dropping when compare to last year where no major crisis are experienced . comparing etc to eth sounds funny to me  . 

good for you because you already gained some and will be expecting to gain more  . this is a good encouragement along with this discusions for those who are going to try etc

No, I don't think that ETC is undervalued (relative to ETH).
In the near future, ETH is moving to PoS, whilst ETC will remain PoW. I believe that this is a vital move for ETH and will lead to huge improvements, and that ETC will left behind as ETH price increases significantly. I think the ETH/ETC gap will only grow larger. The only thing that might help ETC is if there is a sudden influx of miners leaving from ETH once it moves to PoS.

I also don't follow this altcoin on a regular basis, but I totally agree with you on this idea. They do not have any clear products about their projects, nor do they implement too many marketing policies. That is why they are not popular in this market and the price keeps going down

However price of ETC is not following btc all the way, I tend to agree - if btc will meet success is much more likely to etc price go higher
And etc at the moment is so cheap that we all can buy it as long term investment - who knows it may out beat eth in several years

Can consider a lot of facts for a lot of altcoins but the real fact remains,,, just because it did it before does not mean it can do it again. To be fair, ETC at 6 now is about 15% of ATH which is NOT bad at all, considering ETH is also about 16 or 17%. Some alts are not even at 10% of ATH so yes,,, ETC can make a comeback and IS undervalued.

Ethereum classic is still a lot of fans, in February Ethereum classic reached $ 12 more and this is the highest price for a while this year and in my opinion this is the right time to buy Ethereum classic for those of you who like.

We'll see. For what I know, PoS is less secure than PoW itself. If ETH goes full-fledged PoS, it may become more susceptible to external attacks. Miners could migrate to the ETC chain if rewards are highly attractive to them. They'll be forced to look for an alternative ETH-based chain, as they'll be left out of the game. Still though, ETH has a large ecosystem of dApps and tokens than ETC itself. I guess that it's all a matter of mainstream adoption than anything else. I've seen many coins with a limited supply, only to have a very cheap price on the market. Cryptocurrencies that are actively supported by developers and people in the mainstream world will thrive in the long run.

Given that the ETC project is still being actively developed and maintained by the community, there's the possibility that it will last for long. I'd expect prices to reach far beyond $20 per coin in the next crypto market bull run. With a very limited supply of only 210 million coins, ETC could become the next smart contract platform that's a resilient store of value resembling Bitcoin in every way. ETH will continue to live for the foreseeable future, but it'll be used more as digital cash or a short term investment than anything else. Just my thoughts ;D

Please explain why Ethereum classic appeared. I mean it was a fork of Ethereum, but why it is not widely used and not as popular as Ethereum ? This is another blockchain with smart contracts, but many still prefer Ethereum (based on my experience in bounties and looking through ANN topics).

Ethereum may have the most adoption in the mainstream world. But I believe that Ethereum Classic has the potential of becoming something big in the future. With a hard cap in supply, ETC could become the store of value in the world of smart contracts. It's a good thing that ETC preserves immutability of the Blockchain, just like Bitcoin is doing today. While the controversial ETH hard fork returned stolen funds from the DAO hack to the original investors, it greatly defeats the purpose of Blockchain technology. No matter what happens on the Blockchain, it should remain immutable where "code is law". At least, that's my point of view.

The Ethereum Classic blockchain could gain a plethora of dApps and tokens if there's demand for it in the mainstream world. But since people are focused on the big players in the blockchain industry, it looks very unlikely ETC will be going somewhere. Maybe after ETH switches to PoS, miners will migrate to the ETC chain? If you compare both ETH and ETC, you'll notice a large difference in their total supply. ETH has an undefined supply, which means that it'll experience inflation indefinitely. That's not the case with ETC, with a hard cap of only 210 million coins that will ever be mined. If we base ourselves on this, then Ethereum Classic is definitely undervalued.

Nonetheless, mainstream adoption is what matters most here. And so far, Ethereum is the winner. Ethereum Classic will always be an "inferior" cryptocurrency in this sense. But I doubt it'll die anytime soon because of the developers and community supporting it every way. It'll be one of those tried-and-tested smart contract platforms that will last for long in the crypto/Blockchain space. Just my thoughts ;D

I know that this coin still has a community of people who believe in it, but I do not see its development. it’s just a project that is not unique in this market and the time will come when it will completely stop to exist

I am not too concerned about the price of alts after a hot event happened. because economic theories are not well represented here. When the ETC grew strongly due to many people a lot of fomo about the good news. then when the price has peaked, it must be sold off and return to the old price. This is what usually happens in this crypto market and it makes no sense. People are pouring money into investing in Ethereum 2.0 and we are about to see its strong growth.

I must have missed that! Did it really get so high just before the March crash? I have a few ETC, but nothing worth too much, just a small part of my mega basket (mega in variety not in size;)) of altcoins. I do not think altseason will come again,,, but if it does, hope my mega basket including a few ETC will make it big;)

there is no event for ethereum classic yet, but the impact of Ethereum 2.0 will also affect the Ethereum classic ,
buying at current prices is already high, because the ETC is currently experiencing an increase, wait for the dip again

Since this coin idea is from bitcoin and ethereum, which do you think investors will invest, to the original right? but there is always a potential if they upgrade something really great which can compete with ETH 2.0 on 2021, who knows, One whale can really pump it and ride the news but I don't like that scenario which manipulated. I don't really heard some new development for this coin, For me, its price is just right.

Believe me, Ethereum Classic is still being developed by passionate members of the community. It's just that everything goes "under the radar" these days. The team needs to have a better marketing strategy in order to attract people into the ETC project. Right now with the "Phoenix" hard fork, there has been some discontent within some members of the community because it "broke" some smart contracts on-chain. We might see a separate version of ETC soon, if the community and devs don't come to an agreement. This should lower prices per ETC on the market within the short term. If all goes well, we can expect ETC to reach massive demand in the mainstream world. The cryptocurrency is undervalued, simply because it has a low price while its supply is much more limited than Ethereum (ETH). With ETH 2.0 coming along the way, miners from ETH could switch to ETC, making it a stronger cryptocurrency in the mainstream world.

Nonetheless, time will tell us what lies ahead with Ethereum Classic as an alternative to the main ETH blockchain. It could either go all the way to the moon or down the drain in the future. The competition is becoming fierce with new smart contract platforms emerging everyday. ETC's position on the market could be threatened by other big players in the crypto/Blockchain space. With low demand from everyday people, it doesn't seem that ETC will have higher prices in the future. Just my thoughts ;D

maybe there is a development and ETC usage is really low, i have not heard on any promising project that is currently on ETC network, could you provide one? without users, network could be good as hell, but worthless

I also do not know of any interesting projects on this blockchain. Very high competition in the cryptocurrency market and Ethereum Classic is not easy now.

It turned out to be code is not law, it was a popular slogan for a while but historically it is proven that it cannot be the final word and we have seen that with the hard fork of ETH and the same theory is broken in bitcoin where the code of law is broken multiple times from the code of law written by Satoshi and hence there is no point in sticking to that slogan.

For ETC to be successful they need to have a solid plan on what they are going to do, store of value will not survive for long and that is the case with all the speculative coins without substance as investors are not dumb all the time.

   I don't like forked coins, I like to invest in original ones. But we can't deny that some forks are holding good all this time, and
they have many supporters.
   I think there're many undervalued alt-coins in crypto-market. Is Ethereum Classic one of them I can't tell, time will show. We
invest in alt-coins with hope that some of them, if not all, will make huge progress in the future, that will affect the prices to rise.

already 2 years ETC is still in the zone of $ 5 to $ 10, I do not consider the ETC undervalued, ROI has been 8x, this is good for investors, but indeed the opportunity for ETC is still very large, because it is still in the top 50 coinmarketcap

There is nothing going on with the coin to create any massive interest in the coin, anyone who were holding ETH would be getting the forked coins and hence if you are looking at the ROI in that aspect then i can understand, other than that there was literally nothing going on in it. The developers need to find the niche to attract investors if not it will be viewed as just a fork without much interest and then die off eventually.

I don't know why you think ETC is undervalued when no Dapps is using it, ETC team need to come up with a plan to save it, if not , I can see it going to oblivion, many smart contract chain are out there with better network security and faster transaction speed and ETC is still relying on the old hype

Its actually a great coin but compared to Ethereum right now I think you should invest in ether instead Am sure when POS get implemented it will boost its market plus defi and dapp ETC is actually rip to me

It's a great coin, but it's hard to compete with greater ones. Ethereum classic is around for years, I think we can say they are holding very good, and maybe one day they can make a break trough from anonymity. Many people don't know about Ethereum Classic, and if that changes we can see a price spike. They should do something with their advertising, to think about how to attract people!

I guess we will see it happen in the future, but I feel that Ethereum Classic is still undervalued. This coin can increase anytime, and while the price still at a low price, and it seems people have more interest in ethereum, the price still stable at a price now, but soon, the price will increase and break $10. We may not see any progress from the project, but we don't know yet, so it is better to wait for the next thing from the project. If the ethereum classic is not good enough to survive in the market, the coin will not stay for a long time.

I agree with Desscount, it is very hard to call a coin undervalued when it honestly does not have such great adoption, therefore not much use,,, the fact that it can still maintain this price after all this time is actually a good performance already. It really had to show some serious use cases and sort of prove Ethereum wrong about their decision all those years ago.

Agreed with you it is very long to prove this that ETC has some use case still it is struggling to get succeed to catch the attention of the big companies like ETH but it looking very hard for this. It is very hard to tell what will happen in future if they will keep continue to make this ecosystem more user friendly and will bring something revolutionary than it has chance to become next big thing.

Ethereum Classic is great for investment, but unfortunately loses popularity by Ethereum. Making Ethereum Classic considered undervalued,
whereas Ethereum Classic has a large enough volume and also listings on several popular exchanges. If you look at the actual trading chart
Ethereum Classic movement is quite good, the price is rising now. So investing in Ethereum Classic is appropriate.

I also believe that after Ethereum will be no minable anymore, Ethereum classic will be popular, since all those rigs (470, 570, 580 etc) will need something to mine. We will see though.

Etc is very undervalued just like most of the other alts but i think it is better to be in brc and eth to take advantage of the first movers. After taking profit from them you can invest in your favorite alts.

Agree. ETC needs a solid plan if it wants to stay ahead of the game. The lack of marketing/promotion, and mainstream adoption, explains why prices are low on the market. With ETC's limited supply, it should've been worth more than Ethereum today. After all, the world's second-largest cryptocurrency by market cap has an undefined supply. ETH's inflation tells us that it should become less valuable over time. But so far, everything is going the other way. I guess that the crypto market is too "immature" nowadays. ETC has the potential to become a rock-solid smart contract platform where code is law. Unfortunately, the recent "Phoenix" hard fork has been a controversial one as it "broke" some smart contracts in order to remain as compatible to the main ETH blockchain as possible. At first, ETC was distancing itself from ETH in order to become the difference in the crypto space. But now, it's doing all of the contrary. Given that the project has not been standing firm to its ethos (which is "Code is Law"), it becomes no different that the original Ethereum (ETH). I doubt people will choose ETC over ETH anytime soon.

Nonetheless, crypto land behaves in strange and bizarre ways. There's a possibility ETC could reach higher prices in the future if the project returns to its "former glory". Everything depends on the dev team and the community whenever they want to make ETC reliable or not. Issues like the previously-mentioned hard fork, makes ETC much more distant from its competitors. With many competing smart contract platforms like EOS, TRON, Tezos, and Cardano, it'll be quite challenging for ETC to reach mainstream adoption at a large scale. Just my opinion :)

It seems to me that the question about the underestimation of Ethereum Classic is very difficult to answer. If you look at the fact that Ethereum will soon come to the PoS algorithm, then Ethereum Classic will not have any advantages. But if we take into account the recent statement of Vitalik Buterin that the merger of Ethereum and Ethereum Classic is completely possible, while it is quite clear from many reviews that most Ethereum Classic owners are in favor of the reverse Folk, with the corresponding exchange rate in ETH.

yes, ETC is so undervalued that it is constantly getting 51% attacked (even today, second time in one week !!).

Link : https://www.coindesk.com/ethereum-classic-suffers-second-51-attack-in-a-week

I am just glad i am invested in a Proof of Work cryptocurrency that has protection against 51% attacks.

Link : https://dashnews.org/dash-activates-chainlocks-51-attack-protection-becomes-most-secure-decentralized-currency/

Ethereum classic has really lost it potential and ability to compete with other coins of it class. In 2017, it was one of the coins that give good returned to the holders but it seem that since 2018 ending it has been losing on both market capitalizations and pricing.

if etc wants to stay in the business it'll have to come with a solid plan. so far I am not seeing any of that. it can gain value when eth becomes unminable but that's a long shot and nobody knows what will happen by the time we reach that point. It is still a great investment but I find that it follows eth trail.

etc is an altcoin with a large marketcap and has a large community, very good for hodl for longterm, and also the price etc follows the price eth I think price etc in the future can reach 30$

Yes that's very disappointing. I wasn't aware ETC had so many 51% attacks over the course of its lifetime. I think it's probably because ETC is a very small blockchain network with a very low hashrate backing it. Developers are going to need to adopt some sort of "merged mining" (AuxPoW) or a multi-PoW consensus algorithm to prevent further network disruptions. Once ETH goes full PoS, miners might switch to the ETC chain. This will increase the network's hashrate, making 51% attacks much more expensive to perform on the Blockchain.

I admire what other projects in the crypto/Blockchain space are doing to "tackle" the issue of a 51% attack. DASH and Komodo have been doing a pretty good job about it. It's no wonder why ETC's price on the market is so low these days. Who wants to invest in a cryptocurrency with a limited supply like ETC if it's prone to security risks? As long as ETC remains highly vulnerable to 51% attacks, it won't be going anywhere.

All in all, I wish good luck to the ETC project. If Ethereum Classic delivers as promised, it'll survive for a very long time. Developers need to ramp up their efforts in order to make ETC as reliable and trustworthy as possible. Implementing protections against 51% attacks, should lead ETC towards the top ranks in market cap. But sometimes I wonder, why developers haven't done this yet? For once, I've thought ETC to be undervalued. But with what's happening lately, I take it all back. After all, ETC is not striving to be the "difference" by following the standards of "Code Is Law". Just my thoughts ;D

@Abiky. There was another 51% attack on this on 2018 or was it 2019, where the hackers were also successful in the double spend.

I reckon that this coin should be declared dead for investors.

In any case, I should not be speaking. I am an Aeon bagholder hehehehehe.

We can hope that ETC can benefit us, so that can help the price increase. ETC itself is still trying to survive and trying to lift the price slowly, and if there is an update or news about the project, that can make the price have a chance to increase more.

Even if ETC loses the potential from a few years ago, I think this coin still undervalued, and not many of us have these coins because it seems difficult to increase. But this season, when bitcoin price can increase and break $10k, I think this coin will have the opportunity to increase, especially if bitcoin price can back to $15k

If you think that Ethereum classic is undervalued, I think it's wrong, ETC has gone up 800x from the lowest price,
and now ETC is at $ 7, it's still quite expensive, but if you compare it to the All time high, ETC is still a good to buy

The only thing that the ethereum classic lacks of is the popularity, and yes just like any other coin that was name after a coins loses the battle from the original you know bitcoin cash , bitcoin diamond and bitcoin SV though they are upgraded version of bitcoin still they cannot possess what's with bitcoin. On top of that is the solid community behind the top rank coins, the core of the price is the speculation without it the price of the will just be as low as the number of supporters.


It is impressive considering its status in the market, it has a good run for a year and I think the only pump we can achieve is yearly basis from the ethereum classic, that's a long hold for a profit.

Not sure if it has been mentioned already here but ETC is highly vulnerable to the 50% hack. I think it's viability as a legitimate alt coin has been disproven at this point.

I agree with you, this was the second time ETC suffered from a 51% attack and the second time the money lost was huge. I was holding some ETC earlier but, ever since the second attack happened I decided to sell my coins because ETC is looking like a risky investment right now.

I don't think Ethereum classic  can be underestimated now because ethereum classic dropped in rank on Coinmarcetcap probably very low interest in classical etherum, I hope it doesn't happen continuously

You have to see that there is not much interest in the coin and the network is often attacked because there is not much miners who could prevent the attacks and it looks like a dying coin as there is no development nor the developers are able to attract miners nor investors to make any major changes, if it goes like this the coin will not last longer.

Feels a bit sad for me as originally I had high hopes for ETC instead of ETH,,, and when you think about it the Classic guys were the true blockchain implementors of immutability not ETH. But 2 hacks in a week of 51% attacks? It just shows it is not secure enough (but reorganization happened anyway).

Exactly. With two more 51% attacks taking place this year, it shows that developers have no interest in providing a solution against them. By now, Ethereum Classic should've had some sort of mechanism that would protect it from further network disruptions. Other cryptocurrencies like Komodo and Dash have taken the initiative to protect themselves from 51% attacks, so why the ETC project hasn't done so already? As long as developers don't care about the security of the underlying Blockchain network, ETC won't be going anywhere. I'd expect prices to go down the drain if this continues.

In the bright side, anyone can fork the ETC project in order to make a better version from it. That's thanks to its open source and decentralized nature. The competing hard fork could topple ETC's place on the market, if it manages to tackle the issues of 51% attacks while at the same time "honoring" its "Code is Law" vision. There are so many competitors out there on the market, which are far better than ETC nowadays. With ETC "mirroring" ETH in terms of smart contract compatibility, why would anyone choose it on top of the main ETH blockchain? I think ETC will have very low prices in the long term (even with its limited supply) due to its low mainstream adoption and high security risks. Unless developers and the community make ETC great again, the cryptocurrency will remain under the radar of many investors and traders alike. Just my thoughts ;D

This is actually good as dead and as mentioned about consecutive years of that 51% attacks which indeed signify that this project is going nowhere.If they do,then they do already make out their move on how to prevent
and solve it up.

When it comes on getting higher into its mother coin(ETH). I do always see that no fork-coin would really able to surpass on the coin on where it originated or where it had been forked.

Interest will really be not high that anymore compared into those early years that do have high hopes when ETC came out.This isnt something that they had anticipated with this project.

It is not the fault of the developers because this was not a bug or a security flaw. This is only the nature of miners on proof of work cryptocoins, their natural greed and cheating for short term profit.

ethereum classic is now very underrated because ethereum clasic's ranking dropped very far This indicates that investors are starting to lose interest in the classic ethereum, I hope this is only a temporary period and not for forever

I know. But don't you think developers should implement some sort of mechanism that to prevent further network disruptions? If miners continue to "game the system" people will twice before investing in ETC. After all, who'd want to use a cryptocurrency that's unreliable for mainstream use? If projects like Komodo, DASH, and Digibyte have successfully adopted mechanisms to protect themselves against 51% attacks, why hasn't the ETC project done the same?

Believe me, people will lose faith in ETC if 51% attacks continue to take place on the network. While it's evident that something like this happens on small blockchain networks, a temporary solution against 51% attacks should alleviate the issue. Otherwise, trust will continue to fade until ETC becomes a worthless cryptocurrency like some Bitcoin-based forks on the market today. While the limited supply of ETC tells us its price should be higher, ETC's recent events is telling us otherwise. Undervalued or not, ETC doesn't a chance against ETH and other competing smart contract platforms on the market today. Just my opinion :)

So what is the future of ETC with all the recent 51% attacks? Anybody can guess?
Also when will the wallets unlock for trading on various exchanges?

We just saw yet another 51 percent attack on eth classic. Now why would anyone want invest in ETC when they can buy so many altcoins and eth itself in this bull market.

Although it is a hard time for this community but I think this coin will survive and stay into this market for long time. Strong believers will get chance to multiply their money in next few months because the whole market is moving in positive direction.

But what about this 51% attack that they often suffered, that can send some reliable investors backward. ETC has been stalled in price for almost 2 years, I think for them to remain competitive, they need to come with new strategies and innovation.

As long as Barry "Shill" Silbert is behind it, you can expect it not to tank.


https://twitter.com/barrysilbert/status/1150796856076701697 (https://twitter.com/barrysilbert/status/1150796856076701697)
Barry Silbert
@barrysilbert
Replying to
@maximj81
yes, still have bags of ETC. and I'm actually buying ETH today
5:58 PM · Jul 15, 2019·TweetDeck

Interesting tweet and very interesting comments on that tweet. I agree with some people there, why to take unnecessary risk with investing in project that didn't do anything to protect themselves from these attacts, there are other and better projects that take necessary steps to be secured from this, and those projects have more potential than ETC.

I wouldn't per se say they're doing nothing about it.

Join us on Friday, for #IOHK's presentation on their "Checkpointing" proposal, a solution to preventing 51% attacks on #EthereumClassic.

When: Friday Sept. 4, 2PM UTC; 7AM PST

Where: Crowdcast (link: https://crowdcast.io/e/9epmnuoc)

cc @SDLerner
 @RSKsmart
 @MaxwellSanchezX
 @Dexaran
ECIP showcase: preventing 51% attacks - Crowdcast
The first in an open showcase of proposals from several developers across the ETC ecosystem giving you, the ETC community,

https://twitter.com/eth_classic/status/1301417644277395457

It depends. If attacks continue on the ETC blockchain, I doubt investors will find it attractive in the long term. The ETC dev team needs to act fast, if it wants to gather people's confidence/trust into the project. With so many Ethereum alternatives out there on the market, ETC's position on the market could go all the way down the drain in a blink of an eye. There are far better alternatives that are quite innovative such as Cardano and EOS. Miners and individuals will continue to support ETH since it's the most secure smart contract platform to date. There's a possibility that once ETH adopts PoS, miners will migrate into the ETC chain. If that happens, network hashrate will increase like skyrocket. Only then, 51% attacks will become extremely expensive on Ethereum Classic. In the meantime, ETC should adopt a short term solution to protect itself from further network disruptions. Something like DASH's "Chainlocks" or AuxPoW (Merged Mining) will do well in securing the ETC blockchain in the short term. But everything will depend on developers themselves.

If the ETC dev team does nothing, then I see no reason why you should invest in ETC in the first place. For once, I've thought it was undervalued as everything went out smoothly on the Blockchain. But after a series of attacks, I take back what I've said. I'm hoping devs and the community do the right thing by adopting defense mechanisms in order to keep the cryptocurrency trading across several crypto exchanges worldwide. Otherwise, exchanges will begin de-listing ETC resulting in a massive decline in price across the market. Just my thoughts ;D

quite difficult for classic ethereum to underestimate because classic ethereum is an old coin in terms of market and volume it looks very good
My prediction  unfavorable market conditions make Ethereum Classic fall And it impacts not just the ethereum classics but all the other coins

now all altcoins follow bitcoin price movements, if bitcoin prices are still silent then ETC prices will also be very difficult to rise, if BTC prices go up again it is likely that ETC prices will also go to the moon.

That's certainly true, mate. Most (if not all) altcoins on the market, follow Bitcoin's price movements. It's expected for ETC to increase in price within every bull market. But I believe that ETC needs to solve its issues first if it wants to go higher in price. Serious investors and traders will continue using ETH above ETC since it focuses on security/reliability above anything else. Considering that ETC is just a copy of the ETH blockchain, it cannot remain on the spotlight for long (unless it starts to innovate). The only difference between both coins (ETH and ETC) is the number of coins that will ever exist on the Blockchain. ETC has copied Bitcoin in the sense that it has adopted a finite hard cap in supply. On the contrary, ETH will experience constant inflation over time as developers kept its supply as undefined. Ultimately, ETH will win above any of its forks since it's the original smart contract platform that started it all.

Whenever ETC is undervalued or not, that's up to anyone to decide. The way ETC is heading right now, doesn't tell us it'll have a bright future. But knowing that crypto behaves in strange and bizarre ways, anything could happen. It's best to keep an eye on the ETC project's development, just in case everything goes back on track. Just my thoughts ;D

Sometimes it don't go like that.

The opposite comes but it's just for few moments. But do you think guys that it's still good to invest to ETC? I don't think that it is.

It's been 51% attack many times and that's why I don't think that it's still worth it.

I don't think ETC is a good investment right now, especially after experiencing a number of 51% attacks few times in a row. This creates loss of confidence among investors and traders in the mainstream world. An unstable blockchain network will be considered as completely flawed unless developers work on a proper solution to prevent further disruptions. So far, the ETC dev team hasn't adopted a mechanism to protect the cryptocurrency against further 51% attacks. As long as this is the case, the cryptocurrency won't be going anywhere in terms of mainstream adoption.

Nonetheless, ETC's hard cap in supply vs current price tell us it's undervalued. At least, it should've been this way. But developer competence and mainstream adoption is what matters most for a cryptocurrency to gain massive demand on the market. Ethereum is and will always be the winner because of its first-mover advantage. On top of that, the security of the ETH blockchain is beyond compare. ETC will never be able to compete directly with ETH as it's constantly attacked by malicious actors. Investing into ETC for the long term, seems to be an extremely risky move in my own opinion. :)

Every one had a good intrest on Ethereum,only few had a interest on Ethereum classic.Market is not only demand on the buyers,it also depend on the investors.For the long term investment,I was dam sure you can inverse on the Ethereum classic.But the risk taking people getting huge as a profit .

It is what I think.

If the altcoin someone's interested with has been attacked by 51%, it's pointless IMO to invest on it if it can maintain its network. While the exchanges have taken action with additional confirmation and delay.

It's very hassle to look at ETC as an investment, it doesn't count anymore to my bucket and I guess to others too.

As the market changes, the more it becomes neglected. ETC did the boost last 2017 as the hypes came out but as it has done, people have never known it that it existed. They are focusing more on Defi projects now, a reason that many altcoins become undervalued just like Ethereum classic. It has the potential before but after having their issues, it turns out that people never have the interest to risk their money. As the years pass by, the more it becomes undervalued and soon it becomes one of those dead coins in the market.

I would like to know What was the idea behind investing in ethereum classic is it because it has the name ethereum ? It is fork of ethereum which people don't use and is used only for trading . I don't see long term potential here.

I think Ethereum Classic will eventually phased off :/

Despite We have polkadot which can cross any type of blockchain together
However Ethereum still account for most of the Dapps/Transactions/Adoption compare to Ethereum Classic
Thus, i don't think it is undervalue

Perhaps ETC can go up in price, but it's value will be an obstruct because we have other better Blockchains

You got it totally the opposite. Ethereum Classic is the original version of Ethereum,,, and Ethereum was the fork of it, or more accurately, the rolled back version of it after a hack that caused many holders to lose funds.

Unfortunately the majority of people agreed with the rollback and thus immutable blockchain became fantasy.

There are far better blockchains out there with greater scalability and better security than Ethereum Classic itself. What separates ETC from the original project (ETH) is the hard cap in supply. Other than that, everything else is the same. With all that's happened with ETC lately, I don't think it'll be able to reach new ATHs in price on its own. Only a bull market will allow ETC to reach a higher price in the long term.

Nonetheless, I believe that Ethereum Classic will turn out to be another failed project just like some ETH forks in the past. Unless the dev team does something to prevent further 51% attacks while at the same time provide innovation to the project, the cryptocurrency won't be going anywhere. If we base ourselves in both ETC and ETH's supply, then we could say that ETC is undervalued. Still though, it's not about scarcity but rather how useful and reliable a Blockchain network is. And so far, ETC has failed in providing a secure environment for decentralized transactions in the mainstream world. There are far better options to choose from such as Polkadot and Tezos with their constant development, innovation, and most of all, mainstream adoption. The market will ultimately decide which cryptocurrencies will stay and which will fade into oblivion. Just my thoughts ;D

Everything about Ethereum is a fantasy and you made it somewhat clear about what Ethereum classic is all about, it was a hardfork without everyone's consensus and so is the reason the ETC came into existence and this move proved that the developers do not care about consensus and they are taking decisions like a centralized entity.

What is the present situation of classic and what are the major developments going on and taking all that into account it is not undervalued.

An uptrend have been expected from etc for more than 3 years. Especially when Barry Silbert was shilling Ethereum Classic. But even in big bull run, etc price did not move too much. So etc is kinda disappontment for many investors.

People have different views about Ethereum Classic. Some say it has taken the right path by forking away from the original project, while others criticize its move. In ETC's early days, everything was just reds and roses. But as time passed by, the project became nothing more than just another copy of the original project. Whereas ETC devoted to its "Code is Law" mantra, now it's mirroring Ethereum by going in-par with the original project's developments. The dev team's excuse is to make ETC directly compatible with ETH. But this move makes ETC exactly the same as ETH. Why would someone want to use ETC when they can use ETH with an ample number of dApps to choose from? What sets ETC and ETH apart is the supply of coins in circulation. While ETC has a defined hard cap in supply of 210m coins, ETH has decided to remain with the original model of being inflationary (with an undefined hard cap in supply). The rest is just the same between both blockchain networks.

With so many smart contract platforms out there on the market, ETC's position could be threatened in the long run. The series of 51% attacks, and the lack of developer competence will lead ETC to its demise. A project like ETC would've been a viable competitor against ETH if developers would've acted quickly to protect the network against further disruptions (by adopting a mechanism like Merged Mining or a different consensus algorithm to counterattack efforts of a 51% attack). Technically speaking, ETC is undervalued. But that's not really the case these days. Time will tell us what lies ahead with the future of ETC as other blockchain projects take the world by storm. Just my thoughts ;D

Consistent 50% attack on ETC has made some people to stay away and beside, any fork always leave on the shadow of its parent. All Bitcoin forks has been looking at the BTC dominance from very far and none of them was able to get closer. ETC will also not be a differential.

It was the biggest disappointment for the alt holders, when the price of Ethereum Classic dropped form almost $ 31 to $5 and even lower. Therefore, many people simply lost their money and the hope that this crypto is really worth money invested it it. I pick other alts.

Ethereum has never thrived after the classic fork. Consequently, its value has always remained low. In my opinion, even these prices are high. The value of this coin should not be more than $ 1. It has no extra features compared to Ethereum. It is a completely dysfunctional coin.

You can say it about many more coins, which are forks (but ETC it´s not a fork, it is original blockchain of ETH) like bitcoin cash, bitcoin gold, etc...

Actually once Ethereum died then maybe this will be a potential Coin.
But like you?i don't believe it also that fork coins really has a good thing in the future,Like those coins that forked with Bitcoin on who's now i the bad shape also.
ETH classic ranking 32 https://coinmarketcap.com/currencies/ethereum-classic/ is now at 5% growth is still for me is not enough for this to be called next ethereum.

If we look into the exact value of the Etherem classic then it should be the same as the Ethereum price because of the fork it divided into two separate coins equally. So, we can say that it is now undervalued.

Exactly. The constant 51% attacks will scare off many people from the Ethereum Classic blockchain. No one will take it seriously for day-to-day payments. Developers must act quickly if they want their project to succeed in the mainstream world. Otherwise, it'll fade into oblivion just like the rest of the ETH forks on the crypto/Blockchain space (with the exception of Ubiq and Expanse). I believe that ETC will turn into another "Litecoin" as its prices will stale on the market. ETC will only go up in price if Bitcoin goes all the way to the moon. But it won't be able to get on its own, due to the reasons mentioned earlier.

Which is why I think that ETC's current price on the market is NOT undervalued. I've changed my opinion, after seeing a series of events on the project. Unless developers start doing the right thing by adopting a new PoW consensus mechanism or relying on merged mining for Blockchain security, the ETC project won't be going anywhere. With ETH surpassing ETC in terms of mainstream adoption, I doubt anyone would be interested in ETH's sibling (which is ETC). There are far better smart contract options to choose from each with their unique features and use cases in the mainstream world. Polkadot, TRON, and EOS have what it takes to challenge Ethereum in the future. Ethereum Classic will slowly fade into oblivion as another clone of the Ethereum blockchain that's useless for the mainstream world. Just my thoughts ;D

@Abiky. It was never going anywhere without the support of the original developers. Ethereum Classic, similar to Bitcoin Cash and others, I have never seen a project that forked without its original developers that became successful.

The attacks that occurred in July and August 2020 on the Ethereum Classic blockchain caused the hashrate to plummet,
and it is not certain how many ETC will be successful in double spend. Even though January 2019 Ethereum Classic was
also attacked and made the Ethereum Classic price plummet. With many attacks on the ETC blockchain network investors
have lost confidence in ETC, maybe this is the reason Ethereum Classic is undervalued. My advice now is not a good time to
invest in ETC, let the Ethereum Classic development team make improvements to their security first.

It is not undervalued. We cannot say so (however, this is my personal viewpoint). Ethereum Classic is losing its positions simply because many guys stopped the hype around it. Suppose, it will be traded  in 5+/- 1 dollar limits during this year and in 2021.

Unfortunately we could consider it as much gone as possible, I know people think that it is possible for ETC to make a comeback but like you guys said it is impossible after all these 51% attacks. It is great that you changed your mind abiky because the price is not going anywhere, normally I understand the logic but it doesn't apply here.

If I saw a coin have a problem and if I see it as a onetime thing and not a long term problem and the price plummets a lot, I would get in as well thinking it is undervalued since it was a onetime problem and it will recover and go back to old days. This idea doesn't work in ETC because it doesn't have a path to recovery, sure some people may work on it but it is an abondened project that is destined for more 51% attacks in the future.

We cant really expect that much specially on forked coins and just like what we are seeing on the current forked coin of bitcoin which is bch which isn't really that performing well too.

Even though it is a better version of the said mother coin or on where it did originated.It doesn't mean that the main support would just make out some transition came from
on the main coin.

We cant say being undervalued here yet prices always indicates about on the level of trust and support of the entire community with it.

This made me chuckle, the original developer who made everything possible is a mystery and not related with bitcoin and as far as development is concerned your words are almost true as there are new terms coming out every now and then but whether these additions made any changes for the base concerns is to be reviewed but the price is moving higher.
That being said i do not expect Ethereum Classic to make any moves that would drop anyone's jaw seeing their valuation and that is the case with their development.

Unfortunately, forked projects turn out to be a failure in the long run. They resemble the original project so much, that leaves them out of the spotlight. There are far better options than Ethereum Classic such as Tezos, Polkadot, and even EOS. With subsequent 51% attacks on the ETC blockchain, I doubt people will consider it a serious investment for the long term. The inability of developers to take action against such network disruptions leads people to lose confidence on the project. It's no wonder why most people in the mainstream world still trust ETH on top of ETC. The Ethereum Classic project will turn out to become a failed experiment in the long run. While I'm not quite fond with ETH's decision of rolling back the blockchain during "The DAO Hack of 2016", it's still the best smart contract platform in the world.

Nonetheless, anything can happen in this strange and bizarre world of crypto. If ETC adopts a new mechanism to protect itself against 51% attacks, it might gain traction once more. But in order to maintain demand on the market, the project needs to provide constant development and innovation. Originality is key for any project to stand strong in the mainstream world. I wish ETC would distance itself from the main ETH blockchain by adopting features not found elsewhere. At least, ETC adopted a new monetary policy which limits the total circulating supply of the coin. But it needs a little more "pizzazz" if it wants to stay ahead in the game. Given ETC's current state, I'd say that the coin is not undervalued at all. Just my opinion :)

bch can do more . you see its price and ranking were high , its an example of a non undervalued coin but who says it is better than the main coin ? i didnt knew that fork coins were created to attempt to fix the lackness of the main coin but i think it doesnt work like that . @Btra price or the value of fork coins arent the same as the price of main coin , or you mean to say value or how we value them ? we can if we want to but most of us just dont like fork coins . etherium classic is not really that under value because the coin was not far from bch that were also recognized by the comunity

It's not losing anything but people who have been betting on this coin lost a lot of their money. This coin is not even worth to buy. So many times 51% attack happened with this coin.
It's a big shame for people who call this one immutable.

People are feeling so tired with so many attacks happened in this coin. Ethereum is much better than this coin. A forked coin will never be a better version from the original coin.

Completely agree with you, mate. The many attacks experienced by Ethereum Classic, certainly removes people's confidence in it. The team may try to fix things by adopting security mechanisms against 51% attacks. But the damage is already done. Something new and exciting must happen in order to attract investors back into ETC. But I doubt that'll ever happen, since people are focused on big players like Bitcoin and Ethereum.

Nonetheless, I believe ETC will turn out to become another LTC as people lose interest in it. There are far better coins out there on the market with better features, and most of all, hardened security. With Ethereum making strides in the mainstream world, why should anyone switch to Ethereum Classic in the first place? At its early days, the project started with a good vision of enforcing the "code its law" mantra. But now, it's no different than the original project (ETH) itself. By becoming cross-compatible with Ethereum, the ETC project becomes identical to Ethereum in every way. It's all a matter of distancing itself from the original project in order to thrive in the ever-evolving crypto/Blockchain space. Without originality, people will look elsewhere. I've once said that ETC was undervalued, but now I take it all back. If by any chance the project improves in the future, you can rest assured prices will go all the way to the moon. But the chances of that happening are very slim. Just my thoughts ;D

The market value of ETC is quite high compared with other coins，it is success to survive in such a competitive crypto market.
But if compared to ETH，indeed ETC is undervalued，after all, they used to be the same chain. So i believe ETC still has a great potential.

Ethereum Classic is not undervalued, if you look at the information about Ethereum Classic on coinmarketcap or Coingecko,
ETC already has high ROI, 700% increase in ETC during ETC launch in crypto world, this is not undervalued coin.

I don't agree if ETC is underestimated, because etc just haven't found an innovation that can make it different from Ethereum, and that innovation can make people trust ETC again. With the current ETH PoW moving to PoS soon, having another ETH ETC is a bit too much. Therefore, ETC holders might really like it to be merged because, as Buterin said, they would get ETH on the PoS chain in proportion to the value of one ETC.

Thanks to the Agharta hard fork, ETC has real compatibility with ETH2.0. Earlier, Vitalik Buterin voiced the possibility of such a union, but for almost half a year there is no information about this. After the Ethereum 2.0 mainnet update, it would be nice to get accurate information on this issue.

Is that mean if ETC has possibility to be merged with ethereum 2.0? i just know that recently but im not yet trying to check it. I will try to check it out asap. It looks agharta was an old ethereum hardfork.
I never thought if ETC will have compatibility to the ETH 2.0

It would be a big mistake if you underestimate etherem classic, this coin has great potential, and is likely to match the price of ETH for the future ,,, currently the development team is working hard to create new innovations so that this project will get  the trust of the public and investors back.  , in my opinion, currently the ETC only needs time to perfect the project,

No it will never happen. Ethereum 2.0 is full proof of stake which is totally different from ETC which wants to maintain GPU mining, as their fork recently also confirmed. Maybe many years down the line but for sure not now. If it can get more miners to return to it maybe,,, otherwise the 51% attack killed their value.

ETC reached an ATH during 2017, because of the bull market run. But it's been unable to stand on its own due to the lack of interest from the general public. The project was able to do well during the past years before it was attacked by malicious actors in cyberspace. After ETC became a victim of several 51% attacks, people began to lose confidence in it. The team is trying to salvage the project with a new hard fork (denominated "Thanos"), but it's yet to be determined if the network will be able to remain impervious from further disruptions in the future. Besides, the ETC blockchain lacks real use cases in the mainstream world. The number of dApps available on it are very small, compared to those available on the main ETH blockchain. No one will want to use a blockchain that lacks mainstream adoption.

Given how ETC has been performing over the past months, I'd say that it'll turn out to become another "Litecoin" or "Dogecoin" in the long run. Prices won't rise much as people will continue to support big players on the market. It's no about having a limited supply of coins, but rather delivering real use cases for the mainstream world. Based on current facts, I'd say that ETC is NOT undervalued. It's more "overvalued" than anything else. With constant network disruptions, ETC should've been worth cents by now. Just my thoughts ;D

I think ethereum classic will be another litecoin, months ago ethereum classic got 51% attack. Maybe it wil impact this altcoin for long time. I sell ky ethereum classic portofolio and change it to ethereum for staking. I hope there will be no another attack so the price will hodl or maybe growth.

Without a doubt, ETC will turn into another Litecoin in the long run. It'll be a purely speculative cryptocurrency that will only be driven by a bull market. Ethereum Classic once started as a good project with a good vision to enforce immutability. Unfortunately, developers decided to copy the original Ethereum project instead of providing true innovation to ETC. With straight-through compatibility with Ethereum, there would be no reason to use ETC anymore. That's largely because ETH has a plethora of popular dApps, while the ETC chain has little to no proprietary dApps built on it. With lack of developer enthusiasm to create an ecosystem of ETC-only dApps, it's hard to believe the project will be going anywhere. The constant number of 51% attacks over the past months, will only make matters worse as people lose confidence on Ethereum Classic.

Nonetheless, anything can happen in this strange and bizarre world of crypto. ETC's success will largely depend on developers and the community itself. If the team manages to prevent further 51% attacks on the Blockchain, confidence may be restored. But to drive ETC's price to the moon, the project needs to deliver real use cases for the mainstream world. Delivering unique dApps to the ETC blockchain will make things interesting. All the eyes are on the original Ethereum project, as it goes one step closer towards becoming a full-fledged PoS cryptocurrency. Once that happens, miners from the ETH chain could switch to the ETC chain. Maybe this will put an end towards ETC's constant network disruptions in the long run? Just my thoughts ;D