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Author Topic: ETC on Polo  (Read 7222 times)
americanpegasus
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July 24, 2016, 12:26:48 PM
 #21

What will happen is those with the free ETC tokens won't be in a rush to cash them out - after all, they were free right?  So they will sit on them and HODL, giving them some value.  
  
While some are holding the line on their new ETC, a few other speculators might defect or decide to jump into ETC... Even if for the lulz.  Eventually the trickle of bloody ETH going into ETC is gonna become a full blown epidemic as everyone starts a rush to cash out of the larger sibling and into the one that is growing non-stop.  
  
I think ETC is gonna be a run away train, and I'm on board to the tune of a few bitcoins.  Minimum situation?  The two reach parity - one way or another.  After that it's anyone's guess what happens.

Account is back under control of the real AmericanPegasus.
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July 24, 2016, 12:44:11 PM
 #22

Minimum situation?  The two reach parity - one way or another.  After that it's anyone's guess what happens.

That is not the minimum situation, the minimum situation is the the ETC bubble has already popped and is on it's way down to zero.

Unless someone picks it up and runs with ETC, I don't see that it has any value.  ETH has value because people will build on it, the devs will be working on ETH. ETC is just for p&d.
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July 24, 2016, 01:07:27 PM
 #23

Minimum situation?  The two reach parity - one way or another.  After that it's anyone's guess what happens.

That is not the minimum situation, the minimum situation is the the ETC bubble has already popped and is on it's way down to zero.

Unless someone picks it up and runs with ETC, I don't see that it has any value.  ETH has value because people will build on it, the devs will be working on ETH. ETC is just for p&d.

What's stopping other devs to stay with ETC and implement anything they want the other group of devs is building for Eth?
It's open source buddy!!
That hardfork is another great example after the DAO drama how not to act if you do not have an overall consensus.
This is going to become very interesting the next days.Eth already down 10%.
And mining ETC seems to be much more profitable at the moment for miners.I read that more people are going to switch mining ETC due to the easy money they can make at the moment.ETC's hashrate is going up!
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July 24, 2016, 01:08:25 PM
 #24

when i woke up and logged in polo i was like "WTF?! Free money?!!1"

U need to log in to polo to wake up and feel like WTF free money ?

I dont need to log in to polo to have that feeling my friend.

~CfA~

uhm well good for you

what i mean is that i received in balance as much eth classic as the amount of eth i had during hard fork, i was not expecting that at least
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July 24, 2016, 01:12:28 PM
 #25

Bye bye ETH.

https://twitter.com/gavofyork/status/757197495801880576
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July 24, 2016, 01:17:00 PM
 #26

ETC is gaining serious traction. It makes sense to hold some of it
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July 24, 2016, 01:31:14 PM
 #27

ETC is gaining serious traction. It makes sense to hold some of it
ETC is open to double spend replay attacks and is barely mined so is highly unsupported and insecure. It's also about to suffer a serious 51% attack. Gud luck with that coinage.

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July 24, 2016, 01:34:43 PM
 #28

Wait, I have also noticed that there is a ETH/ETC listed in Poloniex. So let me ask does this mean that the attacker can buy ETH with his ETC and then dump ETH to buy BTC? The attacker maybe hates Vitalik and is out to destroy Ethereum but will leave Ethereum classic alone. Could that be a possible scenario?

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bbc.reporter
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July 24, 2016, 01:37:25 PM
 #29

ETC is gaining serious traction. It makes sense to hold some of it
ETC is open to double spend replay attacks and is barely mined so is highly unsupported and insecure. It's also about to suffer a serious 51% attack. Gud luck with that coinage.

Is the new Ethereum still vulnerable to the exploit of the attacker? I asked this question before but I did not get an answer.

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BitcoinNational
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July 24, 2016, 01:37:46 PM
Last edit: July 24, 2016, 02:05:21 PM by BitcoinNational
 #30

What will happen is those with the free ETC tokens won't be in a rush to cash them out - after all, they were free right?  So they will sit on them and HODL, giving them some value.  
  
While some are holding the line on their new ETC, a few other speculators might defect or decide to jump into ETC... Even if for the lulz.  Eventually the trickle of bloody ETH going into ETC is gonna become a full blown epidemic as everyone starts a rush to cash out of the larger sibling and into the one that is growing non-stop.  
  
I think ETC is gonna be a run away train, and I'm on board to the tune of a few bitcoins.  Minimum situation?  The two reach parity - one way or another.  After that it's anyone's guess what happens.

and the beautiful part is there is a direct ETC/ETH pair keeping a constant beat ... if ETC even retains 5-cent to the $ETH ... game over ... you'll have volatility and uncertainy-ness for months ... so much for the much boasted 'successful' fork ... consensus ... they keep using that word but I am not sure if camp ETH knows what that word means ... unless they intended to tear their baby into 2 parts Wink


That hardfork is another great example after the DAO drama how not to act if you do not have an overall consensus.
This is going to become very interesting the next days.Eth already down 10%.
And mining ETC seems to be much more profitable at the moment for miners.I read that more people are going to switch mining ETC due to the easy money they can make at the moment.ETC's hashrate is going up!

sweeeet!


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rangedriver
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July 24, 2016, 01:39:07 PM
 #31

ETC is gaining serious traction. It makes sense to hold some of it
ETC is open to double spend replay attacks and is barely mined so is highly unsupported and insecure. It's also about to suffer a serious 51% attack. Gud luck with that coinage.

And this is supposed to endear the community to ETH investors how exactly? The fact they can roll back the clock in pursuit of their precious investments and then blow the opposition out of the water at will?

Good luck putting that on a flyer. It's over.
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July 24, 2016, 01:59:58 PM
Last edit: July 24, 2016, 02:16:17 PM by rigel
 #32

Ethereum light
Ethereum zero
Ethereum cherry
Ethereum decaffeinated
Ethereum life
soon on Poloniex!
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July 24, 2016, 02:17:46 PM
 #33

https://bitcoinmagazine.com/articles/rejecting-today-s-hard-fork-the-ethereum-classic-project-continues-on-the-original-chain-here-s-why-1469038808
https://www.cryptocoinsnews.com/miners-attack-ethereum-classic-polonixs-listing/
https://twitter.com/gavofyork/status/757197495801880576

i dont know about you guys but i'm grabbing some popcorn

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July 24, 2016, 02:38:11 PM
 #34


that's a fucking awful article. i hope etc rides a rocket upwards just to piss this asshole off.
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July 24, 2016, 03:18:05 PM
 #35

ETC is gaining serious traction. It makes sense to hold some of it
ETC is open to double spend replay attacks and is barely mined so is highly unsupported and insecure. It's also about to suffer a serious 51% attack. Gud luck with that coinage.

Is the new Ethereum still vulnerable to the exploit of the attacker? I asked this question before but I did not get an answer.
the exploit was a flaw in DAO's contract, not eth.
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July 24, 2016, 04:52:43 PM
 #36

ETC is going to be listed on BitFinex soon!
Oh man this is getting better and better.
If you don't believe it check it on r/ethereumclassic or r/ethereum.
Alts are definitely the perfect testing environment for Bitcoin.
Thanks for this hilarious show! Cheesy
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July 24, 2016, 05:17:42 PM
 #37

ETC is going to be listed on BitFinex soon!
Oh man this is getting better and better.
If you don't believe it check it on r/ethereumclassic or r/ethereum.
Alts are definitely the perfect testing environment for Bitcoin.
Thanks for this hilarious show! Cheesy
and if this things happen eth price will bounce back again and much
profitable seeing a big move after this i hope it will continue arising
keep it up and hold guys. good luck
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July 24, 2016, 05:28:36 PM
 #38


So am I. This spectacle can only help coins such as Monero and Dash.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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July 24, 2016, 06:02:00 PM
 #39

Can i send ethc with the newest Mist wallet, without affecting the eth hard fork coins?

You need to split your eth from etc. Do some reading, before doing this, as you may sell both eth and etc at the same time.

Thanks, i will when i'll find time, but because i'm still confused, one last question, can i open the latest mist wallet release, without doing sth., which is irreversible in fact of ethc and eth hardfork balances?

there is always a light at the end of the tunnel...
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July 24, 2016, 07:01:30 PM
 #40

come on polo guys. please add ETH - ETC trading. this will be funny.


EDIT:

uups, they already did it.
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