It is very hard for ETC to touch that price range without strong community support behind it. ETC network and community is growing in very fast rate so may be after a year or so it will be not a surprise to see ETC trading over 0.01BTC.
It seems the big companies are using the main Etheruem chain, so that could be a bad news for the ETC.
I heard the JP Morgan is Quietly Developing a Private Ethereum Blockchain
Wall Street mega-bank JP Morgan has co-developed a private, permissioned version of the ethereum network.
The project, presented during a meeting of the Hyperledger technical steering committee last month, was recently demonstrated during the Sibos convention in Geneva. But while the bank avoided the headline-grabbing announcements of its peers like Bank of America and UBS last week, this doesn't mean it is shying away from discussing its work.
Called Quorum, the platform was developed in partnership with ethereum startup EthLab, and it is one of the first projects to come out of a working group within the bank known as the Blockchain Center of Excellence.
Amber Baldet, program lead for the division, explained that JP Morgan is now looking to open source its blockchain technology work in order to get more developers involved.
Baldet told CoinDesk:
"One of our goals in working with an open-source platform and contributing our work back is to encourage collaboration and innovation. The more people that get involved, the faster we will see adoption challenges addressed and the more robust the system will become."
In tandem with the development of Quorum, Baldet said JP Morgan created a software development kit (SDK) aimed at encouraging developers to create applications.
Baldet went on to describe the project as "an additional choice" in the company's toolkit of software offerings aimed at solving business problems.
Notably, Quorum is the second major blockchain-inspired offering to come out of the JP Morgan's technology labs. Earlier this year, the bank showcased Juno, a project it called a "distributed crypto-ledger" that was designed to enable quick value transfers between network parties.
The developers behind Juno departed the bank earlier this year to form their own startup, Quartz reported in July.
Inside Quorum
According to JP Morgan, the project was developed following discussions during the first ethereum developer conference (Devcon1) in 2015.
"While speaking with Jeff Wilcke of EthLab there, we recognized that there was a potential overlap between his goal to build a voting-based consensus mechanism to replace proof-of-work, and our goal to build a high-speed, permissioned ledger," Baldet explained
