It's only a matter of days/hours before ETC gets a few positive news articles that prominent developers or miners are switching over to Classic, and the price will go parabolic again.
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confused?
if ethereum classic wins this fork .does not ethereum all just follow the winning fork? or am I missing something here and it is now a stand alone coin on its own from now on ..ether classic that is
(on sidelines watching own no ether)
They will be two different coins competing for the forseable future. Probably years. Divided by strong ideological differences.
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Is NXT pronounced 'next'? Or do you sound out the individual letters 'N-X-T'?
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Is he jumping because of the fork ? Interesting.
I get the mentality behind it and i am on the ETC side not ETH side. But i REALLY wonder what do you do when a coin ends up having an unexpected problem and requires a fork to fix it ?
What then guys ? Let it fail i guess by your standards right ?
Reminds me of an incident with Jackpotcoin way back. It was having some issues (can't recall what) but it needed a fork so it was rolled out and it was not that big a deal.
There was also a hack too where a fork could have been put in play. more like an attack / exploit and it did ultimately kill the coin off dead eventually.
JPC wallets all had the netcode backend enabled with the default password/name combo. So you could login and do RPC commands on it.. Someone apparently sniffed out the list of IP's connected to the chain and then knocked on all the doors finding any users who had it enabled via config settings. Which was a lot of people ! Then the user sucked out a whole ton of coins then dumped them rapidly on i think Bittrex. A patch was issued for the wallet and the attacker got away with it But i knew the drama + plus dumping would not be good long term.
It did not take long at all for the popularity of JPC to die off. And the price slumped and kept on slumping until it dropped to like 1 sat and was delisted all over. So in a round about way the hack destroyed the coin !
I never called for a fork nor do i think i would have supported it. Even though guys with BTER / NXT for example did in similar situations. You'll also note the popularity of NXT died off for ever too.
I still have a pile of JPC coins i sat on because i was not in it for profit. The majority of course were and quickly dumped the more the price dropped. A domino effect that can never be stopped ! The majority rule the momentum in Crypto.
Ahh, so your hatred of people who wish to profit is revealed.
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Is classic the better coin to currently make a smart contract with?
If immutability is a desired attribute, ETC is the only choice. If you want to make a too-big-to-fail contract which is (given sufficient Proof-of-Vitalik) eligible for troubled asset relief, go with the Bailout Edition. Immutability is not a desired attribute. The crypto currency will evolve all the time, it shall adapt to new situation. We will let supply and demand determine if it is a desired attribute.
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ETC has more upside potential. However BTC has more long term price stability.
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The Sci-Fi anime Cowboy Bebop had a digital currency unit called "Woolong".
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The support is broken. I expect the price to go down to low $600's or high $500's for now.
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NXT will be an excellent investment from July to October, since people will not be selling them in order to receive Ardor coin.
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As soon as word gets out about ardor coin and nxt, it's going to blow up. Perhaps dethroning Ripple for the number 3 currency.
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reading this is quite funny, considering nxt's to the moon right now
The moon? No, not quite. More like on a gentle hill. The moon will come later.
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Nxt is seriously underpriced. An alt coin with an $11 million market cap does not get articles in Forbes for no reason.
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i assume alot of people are gonna leave their coins on exchanges. what happens to the distribution then? do they exclude the known exchange addresses from the distribution? are the people who bought on the rise clever enough to realise they need to put the coins in a proper wallet? it's an absolute waste of money for them otherwise.
I am thinking the same thing..
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Nxt will be the next big thing over the next 3 months or so. If you hold it in that time you get free Ardor coin.
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Hold the line soldier. Corrections are completely normal. We haven't seen the top yet.
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How will Lisk be effected by this Ethereum fiasco? Will it be looked at as the better ethereum? Or will people stay away from it?
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Yes yes... we all know that Market cap = price x quantity. Don't get lost in semantics.
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You people are just as bad as the 'fudsters' who you criticize. You are all just as immature and childish as them.
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So the price is anyone's guess, but the market cap may be more predictable. Back during the previous bubble the market cap spiked around 14 billion and then hovered around 11-12 billion before crashing down. That was in January 2014.
What are your thoughts on how big the market cap will become this time? Perhaps we have more big players in the game and we could be looking at a 20 billion market cap in a month?
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