[ANN] [ETC] Ethereum Classic: Immutable Smart Contracts

[cryptmebro]

I will gladly buy some ETHC. So many dissenters to the HF, this has more than enough potential backers to succeed. Also I don't agree with what they did and hope the existence of ETHC will send a message to the communities of older coins especially Bitcoin. Don't mess with immutability or you may split the coin in 2!

Its terrible every time investors lose their money from an unseen fault in a coin's code...but that happens to us all from time to time, its the risk we all accept investing in alt coins.

Well said Sir, well said. For the record, it wasn't Eth's code, but TheDao's shitty code.

[remistevens]

I will gladly buy some ETHC. So many dissenters to the HF, this has more than enough potential backers to succeed. Also I don't agree with what they did and hope the existence of ETHC will send a message to the communities of older coins especially Bitcoin. Don't mess with immutability or you may split the coin in 2!

Its terrible every time investors lose their money from an unseen fault in a coin's code...but that happens to us all from time to time, its the risk we all accept investing in alt coins.

Well said Sir, well said. For the record, it wasn't Eth's code, but TheDao's shitty code.

Ah yes, of course that is true and helps the argument for ETHC. It has good fundamentals, even if it has an unfortunate theft on its books.

If you think about it. A few days ago people were contributing to this very blockchain we are referring to as ETHC. Theft and all, it had a market cap of a billion dollars. After the HF, a lot of people stopped mining it, and many more stopped paying attention to it, but it remains the same chain that a few days ago was worth an incredible amount of money. No way can that all of a sudden be worthless.

As somebody said earlier, the way to contribute to ETHC is to keep using it as usual- just don't upgrade. This is still the release that a few days ago was worth a billion dollars.

[remistevens]

If there are people out there hoping to get some BTC for their "worthless" ETHC- I am happy to buy at that price!

[idolacchacked]

whats the going rate for ethc ?

[monsanto]

Appreciate the project. But if EthHF holders can use their coins on the Eth Classic chain, won't it be likely that they'll just dump it to 0 ?

I think this will be a big problem for ethc.  Most big holders like ethHF devs will have enough ethc to wipe out any meaningful value for ethc on exchanges.  They can, and likely will, destroy the buy side of the order book because they will be anti ethc.  It will be difficult to build market cap.

[cryptmebro]

Appreciate the project. But if EthHF holders can use their coins on the Eth Classic chain, won't it be likely that they'll just dump it to 0 ?

I think this will be a big problem for ethc.  Most big holders like ethHF devs will have enough ethc to wipe out any meaningful value for ethc on exchanges.  They can, and likely will, destroy the buy side of the order book because they will be anti ethc.  It will be difficult to build market cap.

This just means potential investors will have the opportunity to buy in cheap, which in turn they will no longer be "potential" investors. 

ETC is exactly the same as ETHF, without mutability. Nothing has changed except the top brass, which is the best thing that could have happened to Ethereum.

[hdbuck]

a con doesn't work without the con-fidence.

[remistevens]

Appreciate the project. But if EthHF holders can use their coins on the Eth Classic chain, won't it be likely that they'll just dump it to 0 ?

I think this will be a big problem for ethc.  Most big holders like ethHF devs will have enough ethc to wipe out any meaningful value for ethc on exchanges.  They can, and likely will, destroy the buy side of the order book because they will be anti ethc.  It will be difficult to build market cap.

This just means potential investors will have the opportunity to buy in cheap, which in turn they will no longer be "potential" investors. 

ETC is exactly the same as ETHF, without mutability. Nothing has changed except the top brass, which is the best thing that could have happened to Ethereum.

This is the best thing that could have happened. Especially for those of us who wanted to invest in the ETH tech, but missed the boat and think its over priced.

Long term buy support will wipe out the big holders for sure. If they want to force the price of this in the "scam coin" range to discredit it, they'll sell their entire stash for a few thousand- bring it on!

[bitpop]

I'm ready to buy the dump

[marky89]

Appreciate the project. But if EthHF holders can use their coins on the Eth Classic chain, won't it be likely that they'll just dump it to 0 ?

I think this will be a big problem for ethc.  Most big holders like ethHF devs will have enough ethc to wipe out any meaningful value for ethc on exchanges.  They can, and likely will, destroy the buy side of the order book because they will be anti ethc.  It will be difficult to build market cap.

Yes, this is only natural. It's an uphill battle, but it's one that should be fought. Surviving the fork and making it to the difficulty adjustment was a great start. This will be a matter of endurance. I truly think there is a place in the market for an immutable Ethereum. And yes, ETH foundation and other fork insiders will try to dump Classic to hell. And maybe they will succeed in establishing a perception of worthlessness about Classic. Or maybe they will fail. If we can get listed on a major exchange, I will be market making with emphasis on supporting the bid side.

[jc12345]

You must remember that there are cases in history where the inferior technology won the race against superior technology due to market forces and where an ethical decision lost to an unethical decision also due to market forces. e.g. it is good not to cut down trees and destroy the rain forests, but as long as there is a high demand for wood and people that live at the forests don't have alternative income, the forests will be cut down.

Similarly, one can argue ethical and all sorts of arguments for and against the hf, but if the market forces are at the new fork and the VBs dev team, then that fork will be the winning fork. Any alternative forks will just be that - alternative forks that will most probably be on the losing side.

[bitpop]

You must remember that there are cases in history where the inferior technology won the race against superior technology due to market forces and where an ethical decision lost to an unethical decision also due to market forces. e.g. it is good not to cut down trees and destroy the rain forests, but as long as there is a high demand for wood and people that live at the forests don't have alternative income, the forests will be cut down.

Similarly, one can argue ethical and all sorts of arguments for and against the hf, but if the market forces are at the new fork and the VBs dev team, then that fork will be the winning fork. Any alternative forks will just be that - alternative forks that will most probably be on the losing side.

Until developers realize they don't want fbi, vb or ef as their boss.

[ph4nt0m]

Appreciate the project. But if EthHF holders can use their coins on the Eth Classic chain, won't it be likely that they'll just dump it to 0 ?

I think this will be a big problem for ethc.  Most big holders like ethHF devs will have enough ethc to wipe out any meaningful value for ethc on exchanges.  They can, and likely will, destroy the buy side of the order book because they will be anti ethc.  It will be difficult to build market cap.

They will ignore it for now, but sure they can dump big time. If ETHC hits a major exchange, the price will be a small fraction of ETH. That's not a problem, really. It's more important to show the others that ETHC can keep going no matter what Ethereum Foundation gonna do.

[jc12345]

You must remember that there are cases in history where the inferior technology won the race against superior technology due to market forces and where an ethical decision lost to an unethical decision also due to market forces. e.g. it is good not to cut down trees and destroy the rain forests, but as long as there is a high demand for wood and people that live at the forests don't have alternative income, the forests will be cut down.

Similarly, one can argue ethical and all sorts of arguments for and against the hf, but if the market forces are at the new fork and the VBs dev team, then that fork will be the winning fork. Any alternative forks will just be that - alternative forks that will most probably be on the losing side.

Until developers realize they don't want fbi, vb or ef as their boss.

People are human beings and human beings have human nature and part of human nature is to take the path of least resistance, blend in under the radar and go with the flow, especially if that path of least resistance puts food on the table. A small percentage will be different and take a stand but it is only in rare cases where resisting the flow will be successful and the attempts usually come at a high cost. e.g. high cost in this case could be mining on a chain that eventually will be dead anyways so why lose all the income between now and then?

[frostminer]

AHHHH

This is the thread for the new 1sat coin?


Good luck.

[remistevens]

ETHC could also see some powerful allies. Consider that ETH is the most credible threat to BTC dominance there has ever been. Some big holders of BTC and LTC would probably love to see ETH's market cap carved up between 2 coins.

[bitpop]

AHHHH

This is the thread for the new 1sat coin?


Good luck.

It's at 33¢

[d-trix]

AHHHH

This is the thread for the new 1sat coin?


Good luck.

It's at 33¢

The price looks reasonable for me.

[ekrem]

where to send this coin  pool need wallet  adress???

[monsanto]

AHHHH

This is the thread for the new 1sat coin?


Good luck.

It's at 33¢

The price looks reasonable for me.

That would give it a market cap of almost 30 million usd.  It would almost be in the top 10.  Ain't gonna happen.  No way it stays at 33¢ once it's on a real exchange.