Ethereum is a centralized piece of shit, but that doesn't mean the price won't keep going up. Just look at Ripple which is 1000x worse.
I believe that ethereum has no future and that etc is the future, but I still regret selling all my ethereum at $30 only to watch it rise to like $250+. I guess it's a lesson in not letting ideology get in the way of profit making.
Indeed, detach yourself from ideology, think like a bot would.
We are witnessing ETC go through the same thing LTC went through with BTC, which is a rise in price and trying to find equilibrium as the proverbial "silver" to ETH's "gold". I use the word silver interchangeably with classic. The same thing ZCL went through with ZEC.
Now with bitcoin at 2900$, LTC literally costs almost exactly 100x less. Obviously it's a different case scenario, so let's examine ZEC and ZCL.
ZEC: 330$
ZCL: 3.23$
Again, almost exactly 100x less than it's "classic/silver" counterpart.
Now, ETC is different altogether, because the community realizes that ETC is actually the real ETH, whereas LTC was just a spin-off, and ZCL a gimmick that worked, if we do the math on ETH vs ETC:
ETH: 350$
ETC: 20$
If ETC was similar to the previous examples - or the norm for that matter - it would be worth almost 100x less and sitting @ 3.5$. But it's at 20$. If I'm not mistaken, I take it as a sign that the community respects ETC more than they ever did ZCL, or even ETH for that matter. LTC has a different situation going for it wherein it just can't keep up with BTC, so I grant that it is a bad example, as there is a big community around LTC that respects what it has to offer as well if I'm not mistaken.
I concur.
