Bitcoin Forum

We have seen that recently ETC made big progress in its value as it just booms from 40 USDT to 130+ USDT. But now is it worth it to be invested in ETC.
Progres of ETC were unexpected and with the heavy pump in the ETH we can clearly see that ETC is also making good progress towards top coins.
But can ETC reach 500? if ETH get on 8000+.   

It might be possible but it's only having a small chance to happen. ETC lacks of usability and it's not the same like ethereum which is really useful for the cryptocommunities. I should remind you that this is a fork coin from ethereum.
That means if the only value from ETC is using it to be a secondary payment system when the major coin like ethereum was facing scalability problem.
I will avoid to deal with ETC because these days people are looking for the utility instead of transaction ability.
TBH it's too risky to bet into the ETC.

It is certainly  possible if the ETC Team can come up with work  Plan to make its use case as strong as of ETH. ETH is massively used to create smart contracts and dApps and has strong client base and they still prefer to use its network for making transactions despite its huge gas fee. Lot of people talk about its unlimited supply but because of its strong use case its price is making new highs.

Actually it was only $5 when January 2021 entered. The pump is very recognizable because it's such a tremendous gain that we've seen.
Yeah it was unexpected. Well to answer that, everything is likely to happen in this market and the bull run seems to show that sky is the only limit even though it was known for being 51% attacked.

I think it is quite late if you invest on ETC now, the market had surged already and if you are aiming for a 10x to 20x return in this bull run by investing in it, I think there is a very slim chance to hit them.  I was also surprised when someone told me that ETC had surged over $170, and I kinda regret pulling out the fund I am about to allocate on it a month ago.  But well the decision is still going to the investors but I believe it won't follow what ETH had achieved this year.

If i were at your place i would have taken profit out of ETC. It has pumped too much. If you have taken enter in ETC at 40 dollars, then you are in a 3x profit. This is a huge profit for a coin like ETC.
I never considered ETC a good fundamental coin but still i am surprised it has given good returns so far.

I think it is still worth investing into Ethereum. The price has reached 3.9k dollars. I think it will reach 5k dollars at least. And I expect it to happen in this year also. The price continues to climb up like there is no obstacle ahead.

No one use ETC. This project is dead and the fact that even a dead projects are growing is the proof that we are closer and closer to the end of alt seazon. How would you call a transaction in which you buy a dead project only because its price is pumping and maybe it will pump more? Investment? Speculation? No ... Its gambling based on hot potato game. Other call it greater fool theory.

It did have a quite massive quick pump that seems to end in a just as quick dump..

But remember that other projects grew just as much or even more than ETC did, yet they're back down and will likely be even lower soon. These growths are not sustainable so why bother? It's not like ETC did something amazing in the crypto industry. In fact, I'd argue that even Ethereum did more crap to the industry than good, besides attracting a mass of new users.

I guess so. But it will not come in shortly because many high prices need to break and need time. I see ETC have a chance to increase and reach $500 sooner or later and I see that the support for ETC become bigger than the last year. But we do not know how long ETC can reach that price because there are no estimated time for that.

Almost all of the old cryptos are taking their turns to rise in prices. Bitcoin was followed by ethereum and other coins. Some coins waited a longer time before rising up, like tron which was followed by EOS and Cardano, ETC as you mentioned. If we are to look at the pattern, we should venture to popular coin that haven't rose significantly or which is still much lower than it's all time high.

What are toy talking about? "because there are no estimated time for that"?

"I see ETC have a chance to increase and reach $500 sooner or later and I see that the support for ETC become bigger"
What makes you think so? ETC is dead. Its eth fork but without use cases, without developement, without good projects build on it. Without anything. Just forked ETH. And it should be worth 80% of ETH with thousands projects build on, with millions transactions daily, with huge dexes, infrastructure.

Anyone who buys ETC ... its not a matter of time when it will start to grow. Its a matter of time when it will dump to close to 0 levels. You can trade a waves, but be ready for massive dump that will never recover.

The value of the current ETC is too high and does not reach the appropriate value. ETC still doesn't have any projects on their platform yet. It is simply a coin mined by miners. The recent price boom is possible because miners diverted from ETH over ETC as the POS mechanism inevitably happened with ETH to replace POW.
Buying ETC at current prices is quite risky.

if you are a trader or you are going to hold this is not the right time to buy ETC the price is too high at the moment, you can wait for a low price but if you are in a hurry and with funds, it still recommend to wait for a good price, some people bought the coin, just to have one, but they don't look at the price which is very important, because there might be a more cheaper price for a couple of days.

I think etc going to this price because hashing power also will be goes to etc, especialy if eth 2.0 is up wich mean miner will not be able to mine ethereum anymore and miner forced to mined etc in the future. If ethereum can get $10000 etc will goes above $500. But i hope etc can prevent another 51% attack like month ago.

of course, it is not impossible, we see now ETH and BTC continue to grow with higher prices maybe ETC will follow them too. Nobody is too late in crypto and nobody knows what the future is like. if you believe and believe immediately invest.

It's not impossible, but I think it will be very difficult for a fork coin like ETC to become a fundamental coin. To be able to compete with ETH is very different because ETH is supported by a large community and their tokens that also use it in every transaction. Maybe it's okay if you already have ETC coin now, but to start buying and hoping the price will go up I think it will have a very big risk.

After seeing the unexpected pump, I can say that everything is possible for ETC since it looks like it always follow the trend of ETH. Though they both already made a new all time high, its hard to say now that it is still good to buy because it can drop unexpectedly as well so be careful on buying at the top price.

How come it's impossible. Have you seen the run did ETC made? I really think anyo project has some sort of chance to beat these Kings. Imagine dogecoin a meme that has no real use case was able to beat some more efficient projects. Its not all about the community its also based on hype and some factor. Etc maybe a fork but their platform is really good.

Why buying when it's already on its peak though, it seems you get fomo'd and i don't think etc could reach the price you mentioned easily, it has the chance yes but people definitely prefer eth not to mention what's coming in july and the money to pump etc will definitely move again to the real eth not some hardforked ones that have very few dapps. though if you feel etc gonna explode and get massive bullrun when eip1559 first go to public because miners are moving, then maybe it's worth a try, don't just get carried away by the hype but also analyze whats going on behind.

There is a wide difference between  the terms "progress' and "price pump".

No, retrospectively this would be the time to sell ETC if you already owned it. Like those who got ETC as a result of the hardfork of original ETH, they should sell now and cash it out to buy something else.

What progress happened bro? Zero development and zero progress. ETC was created out of pure spite against the hardfork by some red-pilled bagholders. What you need to do rather is wait till ETH drops and then buy it, if you are so interested in Ethereum or buy bitcoin when it drops.

The earlier people understand this the better. I have seen the reality of what these hard forks do, they are for the betterment and not for some unilateral profitmaking. But people have to take things into negatives and think that everything is a conspiracy because they hurt their heads.

maybe for ETC it will easily experience a significant increase, but we can see what the future use of ETC will be. because what we know now is that ETH is just a token, not a platform like ETH or BSC so it will be easy to pump it up next time

The increase in the price of ETC was only because the number of tokens on the ETH Chain was got pumped, not because ETC had good development.
I don't think that now is the right time to invest in ETC because when the bull trend is over the price will fall deeply and suffer losses, more worth invest in ETH or BNB.

Maybe yes maybe not, as long as investors start investing in ETC in large amounts the price will definitely get even higher, for you to know ETC and ETH are much different, ETH is tied to various platform contracts for transactions on the ETH network so the price is very expensive at this time, while ETC not like that.

Yes, there is no estimated time for that because we do not know when it will happen.

Really ETC is dead? We will see it later.

According to this article :

https://capital.com/ethereum-vs-ethereum-classic#:~:text=Ethereum%20Classic%20(ETC)%20is%20the,networks%20were%20essentially%20the%20same.


And this :

https://coincentral.com/ethereum-classic-vs-ethereum/

Maybe you are right, but we do not know what will happen in the future because everything can happen in cryptocurrency.

I only see a chance for making money or profit from all coins, including ETC, so if that coin can give me money, I will still use it.

Thats exacly what I said:

" Its eth fork but without use cases, without developement, without good projects build on it."

So this is the same code that ETH had few years ago. Copy - paste. That makes this project be worth $13B? 13 Billion $ ... for copy-paste? 62 000 times Lamborghini Huracan Evo... for copy-paste that no one is using? ETH has huge community, thousands of projects, dozens of use cases, huge volume, millions of transactions daily, huge infrastructure, devs ... ETC has similar code... and no one is using it. Code has 0 value in crypto. Everything is open source. You can cope and paste every project and create your own with different name (fork it). It is going to 0. Sooner or later. So you have 2 options. Trade on valuable coins that has value, community that will buy the dip or trade dead projects (play hot potato game, Greater fool game). Projects that are irrevocably going to 0 but maybe ... before reaching 0 ... will reach 500$, or not...

Your argument is absolutely correct. We are seeing madness happen in this bull run. The old shitcoins are over-pumped. The value of ETC may be being manipulated. Many have argued that miners are moving from ETH to ETC and increasing the value of the project. This is true, but it will no longer be true since the real value of development and application in a monetary system is not much. This is basically an unreliable project for investment. The price increase of ETC right now is similar to DOGE right now. We should not follow trends and invest in a project of no clear value like ETC.

Agreed. One more thing to add. Miners are moving to ETC not because of tech, not because they think ETC is better. Its because ETC price pumped 10x in 3 months so its more profitable in short term to mine ETC. ETC and ETH miners use same algo, same hardware so its like 5 min of work to double/triple earnings. It will end as soon as ETC price will start to go down.

Although ETC is considered a small emulator version of ethereum but this legacy heir to the original is relatively unimpressive, years after its release, ETC's shadow has yet to make a big splash in the market. The recent image is a big surprise for us but perhaps partly related to the bull market, partly due to the accumulation and partly on the reputation of ethereum, overall, ETC still does not contain the important factor for them to continue investing

If Ethereum is $8k of course Ethereum is up 100% from its current price. Then the ETC will reach $300 from the price of $140. So I estimate that if market conditions continue to improve, ETC will only increase by $300. However if the market dumps, the ETC will be up to $200.

I believe ETC does not worth buying or invest in it because ever since the project experienced a 51% attack a lot of crypto investors and communities choose not to support it. However, I can say the team involved in managing the project are the cause of everything because the project development in the crypto sphere is zero and if things like these are happening only a naive investor will choose to invest in that type of coin.

Investing in ETC is not a goof ides because it has already climbed from less than 10$ to more than  $130, if you want to invest, try to find a smaller coin for the potential to earn more. Moreover, investing in ETC is not safe at all. Therefore, I would rather pick ethereum for a long run. There is no actual technical analysis within this coin

l think also that ETH is worth buying now, if you see the price of ETH, it is increasing day by day and we can make great profit from ETH. Overall top altcoins including ETH are the best choices for long term investing. l preffer still holding my ETH till right day and it is not today.

I saw a discussion where I found the opinion that with a long-term investment in this coin, it is better to buy some old video cards and start mining.
Fundamentally, the price is very high, and one of the reasons is the name of the coin :)
I would definitely not buy this coin for more than $ 100.

One of the most upsetting and regretful coins in this market is ETC. Until 2 years ago, I could buy ETC for $ 5. I even took advantage of ETC's low transfer fees and low commissions. but I wish I could hold etc. I would have the chance to win very good money right now. I never thought you could get this high. but it wasn't working back then. I wanted to spend money, not hold. That's why I made such mistakes. learning from these I try not to make the same mistakes.

ETC is starting to go down again. Investing in the crypto that already pumped so hard was the worst decision that can be made by anyone. There should not be a reason to invest in this coin.
There are bunch of good coins in the market right now. People have no clue if they keep investing in this coin.
The price can be dumped anytime when the bitcoin turns into the bearish mode. Anyone should be careful.

Accumulate ETC as much as you can when its cheap only if you are long term investor because the ethereum is switching from PoW to PoS means all the miners which are mining ethereum now will move to other altcoins and ETC will be having highest priority for the miners that is why it is a coin to invest.

Now is not the best decision to invest in ETC because of the price movement without us expecting to happen and we have to wait until when to survive at the current highest price, if the price continues to increase then it is suitable for us to invest Some of our assets, moreover ETC has long competed in the crypto world and now is the right time to compete at the top of the rankings.

You do think you're too greedy, I think OP needs to learn how to invest itself, don't let emotions in this market affect you, if you can keep spending money on it and take risks, the firm continues to think about investing in it.

We can not say ETC will touch 500$ value or not but if we see the recent bull run of ETC it abacks most of the traders or holders. Currently, ETC making some corrections even I say it's a good time to get some ETC and can hold for some time to get a good profit.

I dont have the guts to invest in ETC at this high price, for me i think this is a very unwise choice. If you buy ETC now, maybe you would wait for next Bull to release. I am not saying it is 100% would happen，but it is quite possible, at least in my opinion.

What you do I think is the right decision and indeed we have to be like that before investing in coins we have to analyze more deeply,
because that way we can invest coins properly and that's a good thing,
apart from that, the decision of people is different if you have the guts to invest in ETC, go ahead

Calm down bro.

Well, you can say like that and tell that ETC has no use cases without development. But for me, as long as the coin can still give me a chance to make money, I do not care about it. Besides that, if you check on the other people, many projects do not have real value. At least, the project gives a chance to make money. The project does not touch our real life benefits, so while it is not yet touched or involved in our real life, we can use it to make money.

As I said before, we will see whether ETC will have a chance to lift the price or die soon.

But I do not just try to make money from the ETC project because I also invest in ETH, Bitcoin and other good projects and I use it as a long-term investment.

Making money by gambling on the top of the bubble made by dead cat bounce? Go to casino and bet all your money on red and call it "making money". You may even have a better result. You don't have to fight with insiders, professional market operators (AKA manipulators), whales that just wait to dump their bags knowing that ETC was a failure (BTW ... obtained for free from fork). Just 50:50. Black:Red


99.9% of them are garbage. Take a look how I try to find good investment in crypto. Trying to find those 0.01% ...
https://bitcointalk.org/index.php?topic=5208144.msg53299809#msg53299809
https://bitcointalk.org/index.php?topic=5208144.msg53361035#msg53361035
and contiosly counting indicators quarter after quarter:
https://bitcointalk.org/index.php?topic=5208144.msg53680228#msg53680228
https://bitcointalk.org/index.php?topic=5208144.msg55391060#msg55391060

This investment gave me more than x50. But not now. Good time for investment was in 2018-2020. Good time for investment will be in 2023-2025. Until then newbie should do 2 things. Save as much money for 2023-2025 and observe how bubble is forming and how its crashing. To try to learn those emotions. FOMO all around the place. To know what to do with his investments when new bubble will start. When to cash out ... when every other is screaming "moon" "We are going to 500$ with this shitcoin". He will know that its the best time to grab his money out because he will know what bear market will do with all those lambo investors few weeks after.

When other major projects like ETH, LTC, and TRX made good rally ETC was an exception. It didn't pump like other major coins so I was expecting a big jump in ETC too which happens a few days ago as you said. This project is not as good as ETH or LTC but it still 35% down from its all-time high. So I am expecting it will at least touch or break its ATH level for some time. Better to stay or take entry on the part.

I am not a gambler, and I do not gamble with crypto. You have your own analysis, and I have my own analysis. So you can say that is wrong easily while I have my analysis, and I can say that you can be wrong easily too.

Maybe you disagree with me, but once again, we all have our own analysis. I only say that ETC can increase like the other coins, and I do not care if that increases because of the pump from the whales or other things.

How big the percentage of BNB gives you profit? More than 50x but below 100x? What price did you buy BNB? If you really know how to identify the real project with the biggest potential, you do not just make 50x of the profit.

But thank you for the tips about when is the time for investment.

So far you did not say anything about your analysis beside something like "its going up now, and everything is going up ... so it will go up ... and 500 is a nice number so it should go there". Tell us about your analysis...


I don't know exactly because part of my profit is passive income from lauchpads, lauchpools and many more activities that BNB was paying for holding BNB. Even binance card rabats. It was more than x50 but far from x100. But even if... x 50 in 1 year is bad? You really thing so?

I do not want to tell my analysis because I am not good as you and others and I still a newbie in crypto market. Maybe I am wrong with my analysis, but we do not for sure and I think nothing is inevitable in the crypto world.

So every people will have their plan, including you and me, with that investment. Yes, x50 in 1 year is not bad ;D