Bitcoin Forum

Anyone know why? Some sort of news or developments? Is this worth riding?

News articles speculate that it could be because of South Korean interest. The news initially began as twitter chatter and has then been picked up by cryptocurrency publications.


https://cointelegraph.com/news/suddenly-ethereum-classic-price-explodes-25-on-south-korea-rumors

Ahhh, interesting. I thought maybe ETC was finding a way to overthrow ETH as the king of ethers  :P

https://grayscale.co/wp-content/uploads/2017/08/Grayscale-Ethereum-Classic-Investment-Thesis.pdf

Most coins going up today, it's just a good day with positive news for the market in general, like Estonia looking to issue its own cryptocurrency:
https://medium.com/e-residency-blog/estonia-could-offer-estcoins-to-e-residents-a3a5a5d3c894

But it won't. The ethereum classic has no idea to take over the real ethereum. That doesn't make sense the real ethereum king will overthrow by the forked coin. ETC just kid coin like another altcoin. But ripple was better than ETC in this time.

That is a very tough ask. ETH has got the big backers and developers. So that is where all the action will be. ETC holders are the idealists who are still holding on to the concept of purity. Not much use in this pragmatic world.  :)

Why don't you buy now when it is low and when there's not much interest for ETC?This is perfect time for this and next stop is price recovering to 600k maybe even higher. What do you think how whales manages with those pumps, they are accumulating now, and when price start to rise they are full. Look at the chart, we are going up again! I'm in! 8)

I agree that today is a very good time to buy ETC. Even 700-800k sats are quite possible for ETC. Reason why etc price drop was raise in btc. Now btc is more or less stable. Nobody expect a fast drop or raise nowadays. So i believe volume and price of etc will start raising very soon.

ETC jumping of the price whether for good or short term can be taken for advantage. SOmehow, we need to be wary because it is still not to overcome ETH. ETC is only second to real eth.

that good news to all ETC holder congrats and goodluck i hope the pumping is continue same with bitcoin, manny altcoins holders are worrying about the dump of all coins, but i expect the altcoin are go uprise again because the king of coins the bitcoin keep increasing and stable the price value depends of the escrow.

ETC is very good opportunity, and without doubt we can say it is very undervalued now! Same goes with Stratis which are main opponents of ETH. Better hold them just in case, or buy them now when they are at bargain prices. This is not a downtrend this is suppressing of the price!

Stratis has come with innovative idea which the etc just comes from forked of ethereum network due to the DAO fail project. That was a different reason to be implemented in each others, ETC worsth than stratis.
You can see it now. How the etc going down everytime.

At what price would you buy ETC?

It's about Ethereum Classic Investment Trust. They are spinning upcoming event.

I do not see how this is jump? https://www.coingecko.com/en/price_charts/ethereum-classic/usd

ETC pump hasn't even got started yet.

Every day, there is one or two coin with big price jump. The price will drop soon.

The classic could be a kid now but when it comes to new projects i dont see any problems for now unless there is an array of projects coming up with their platform,the team has announced an upgrade and may be so is the reason you saw some interest in the coin and the price moved a bit,i dont see much of a rally in this coin for now.

Wow though look at the buy wall

https://bittrex.com/Market/Index?MarketName=BTC-ETC

It's gonna pop this weekend.

I think the Koreans are gonna pick it up we'll see though eh? They really haven't touched it yet.

I love it! ETC to the moon!

in december ETC have a HF, Pow block give to 2.5 etc only, logical is the price at that moment go up!! ;D

If you act quickly and immediately buy it, then it is worth as etc ATH was around $22, I remember when its price only $1-$2 few moths ago.
It seems like whoever bought some potential coins and could wait for months could make great profits, your patience will be paid.
And what happens in Bithumb is definitely a trigger of this rise, the same thing also affect xmr ; When Bithumb, the Korean exchange currently seeing the largest volumes in the world, announced it would add Monero, its value ballooned from around $52 to almost $90 in a period of hours.