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Author Topic: ETC price after ETH PoS?  (Read 1167 times)
PovertyByte (OP)
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June 16, 2017, 10:25:59 PM
 #1

I am seeing two different ways ETC could go after ETH PoS

The net hash from ETH floods every other mineable coins with daggerhashimoto coins taking the bulk of it Mining profitability decreases causing miners to either

1. Dump the price down on all coins to cover their electric cost

2. Be more strict and resist jumping to the first buy order and waiting for buyers to take their offers instead



Another factor is PoW and PoS will make ETC and ETH more different from one another which could increase its value
CjMapope
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June 16, 2017, 11:28:32 PM
 #2

I think you are on to something here as i thought the same about 6 months ago when ETC was sub 0.003
I was thinking people would start switching over, and , as with ETH, the price would HAVE to carry to support the miners
ETC does NOT have vitalik on it's back, will they be able to hold their own, can their be only one, or room for both?  TIME will tell Cheesy

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CryptoMensch
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June 16, 2017, 11:36:49 PM
 #3

ETH has Vitalik, the many support of many companies, and many successful ETH based coins. So ETH price is going up

BANCOR
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June 16, 2017, 11:42:36 PM
 #4

ETH has Vitalik, the many support of many companies, and many successful ETH based coins. So ETH price is going up

Don't forget the probable support of Russia and Putin himself. I think it was just last month when Vitalik and Putin had an official meeting.








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BaseCrypt
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June 17, 2017, 06:28:04 AM
 #5

ETC price after ETH pos ?  = it will be a HUGE move = up or down ? = who knows Smiley
Usually each new feature creates a panic = so people can be afraid to hold the coin = they will sell it and keep in fiat and buying again when price stabilize . WHile others may gamble and buy a ton of it in prevision of the news

Regarding ETC = its undervaluated , its price can go UP to 100$ in few weeks
tarver
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June 17, 2017, 08:24:47 AM
 #6

Regarding ETC = its undervaluated , its price can go UP to 100$ in few weeks

This is not gonna happen unless ETH breaks $1000.
arbitrage
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June 17, 2017, 09:57:03 AM
 #7

Regarding ETC = its undervaluated , its price can go UP to 100$ in few weeks
I don't understand why centralized platform has more support than obvious better ETC which is very undervalued..Only conclusion that majority investing without an investigation before, they follow the money only.
This is not gonna happen unless ETH breaks $1000.
More likely it will happen opposite, ETH will burst and most of gained BTC will went to ETC. Who knows exact price can be achieved.
PovertyByte (OP)
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June 17, 2017, 07:24:58 PM
 #8

Regarding ETC = its undervaluated , its price can go UP to 100$ in few weeks
I don't understand why centralized platform has more support than obvious better ETC which is very undervalued..Only conclusion that majority investing without an investigation before, they follow the money only.
This is not gonna happen unless ETH breaks $1000.
More likely it will happen opposite, ETH will burst and most of gained BTC will went to ETC. Who knows exact price can be achieved.

Because it is not a currency, but more of a platform. All the 3rd parties are choosing to develop on ETH instead of ETC and most companies do not care about decentralization, they want to become the centralized force themselves. Being able to schedule a meeting with Vitalik is the deal for them. ETC is pretty much here to pick up whatever business ETH loses due to PoW and PoS differences, and the few developers who value the decentralization

It's not an obsolete or useless coin since it can coexist. But ETH needs a new disaster to happen for everything to channel to ETC
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June 17, 2017, 11:02:46 PM
 #9

ETH going poss is very bullish for ETC and very likely the point where the major flippening will start.
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June 18, 2017, 11:09:31 PM
 #10

ETH going poss is very bullish for ETC and very likely the point where the major flippening will start.

This. I like how ETC is holding right now against a wavering BTC

Dirt cheap, and i'm expecting it won't be for long  Grin
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