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Mzie (OP)
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July 25, 2016, 02:14:10 PM |
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In just 24 hours Ethereum classic Volume is 14579+, the price went as low as 75000 Satoshi. The way i see it , buy now at -25 change. What do you think?
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NorrisK
Legendary
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Activity: 1946
Merit: 1007
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July 25, 2016, 02:30:56 PM |
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Best to look at the bigger picture. Price is still heavily fluctuating, floor has yet to be found. Also, 15000 volume was almost all from a day ago. Watch as the volume drops in the next hours.
Main problem with ETC long term is that the only coins available for trading on polo is from eth holders on polo. Outsiders have no way to get their coins on the exchange yet, and I bet every non fork supporter is quite willing to let their free coins go to buy more eth.
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shyliar
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July 25, 2016, 02:47:10 PM |
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Best to look at the bigger picture. Price is still heavily fluctuating, floor has yet to be found. Also, 15000 volume was almost all from a day ago. Watch as the volume drops in the next hours.
Main problem with ETC long term is that the only coins available for trading on polo is from eth holders on polo. Outsiders have no way to get their coins on the exchange yet, and I bet every non fork supporter is quite willing to let their free coins go to buy more eth.
If you look here: https://poloniex.com/exchange#btc_etc where at time of posting 11,722,425 ETC had been traded for Bitcoin vs https://poloniex.com/exchange#eth_etc where at time of posting 1,297,612 ETC had been traded for ETH It seems most people who want to sell their ETC are trading for Bitcoin. Although that might be just an indication that it's difficult to sell for ETH. On the other hand it is interesting that there are individuals using their ETH to purchase ETC. |
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Carmen_Sandiego
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July 25, 2016, 02:54:43 PM |
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If you enjoy really risky situacions
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solid12345
Legendary
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Activity: 1246
Merit: 1000
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July 25, 2016, 03:23:02 PM |
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If you enjoy really risky situacions
Buying ETH was originally a risky situation, everyone bought into an ICO that locked their money up for a year with lawyerly language put in that this is not an investment. |
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Mzie (OP)
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July 26, 2016, 06:27:00 AM |
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Best to look at the bigger picture. Price is still heavily fluctuating, floor has yet to be found. Also, 15000 volume was almost all from a day ago. Watch as the volume drops in the next hours.
Main problem with ETC long term is that the only coins available for trading on polo is from eth holders on polo. Outsiders have no way to get their coins on the exchange yet, and I bet every non fork supporter is quite willing to let their free coins go to buy more eth.
If you look here: https://poloniex.com/exchange#btc_etc where at time of posting 11,722,425 ETC had been traded for Bitcoin vs https://poloniex.com/exchange#eth_etc where at time of posting 1,297,612 ETC had been traded for ETH It seems most people who want to sell their ETC are trading for Bitcoin. Although that might be just an indication that it's difficult to sell for ETH. On the other hand it is interesting that there are individuals using their ETH to purchase ETC. as time of posting now on poloniex |
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Febo
Legendary
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Activity: 2730
Merit: 1288
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July 26, 2016, 06:43:49 AM |
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In just 24 hours Ethereum classic Volume is 14579+, the price went as low as 75000 Satoshi. The way i see it , buy now at -25 change. What do you think?
It seems it was perfect idea to buy when you posted this post. You would earn half of investment over night. |
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Mzie (OP)
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July 26, 2016, 10:18:10 AM |
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In just 24 hours Ethereum classic Volume is 14579+, the price went as low as 75000 Satoshi. The way i see it , buy now at -25 change. What do you think?
It seems it was perfect idea to buy when you posted this post. You would earn half of investment over night. did already that, made some good profit |
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amacar2
Legendary
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Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
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July 26, 2016, 10:39:21 AM |
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I was unlucky missed the etc train and also lost so much selling at 100k which i have bought at 130k price.
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Dobmaster
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July 26, 2016, 12:18:50 PM |
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I was unlucky missed the etc train and also lost so much selling at 100k which i have bought at 130k price.
It is quite risky to trade ETC. You do not know when the DAO hacker will dump his ETC and if he is part of the ETC whales. |
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Minecache
Legendary
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Activity: 2240
Merit: 1024
Vave.com - Crypto Casino
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July 26, 2016, 01:12:50 PM |
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I was unlucky missed the etc train and also lost so much selling at 100k which i have bought at 130k price.
It is quite risky to trade ETC. You do not know when the DAO hacker will dump his ETC and if he is part of the ETC whales. He's going to dump this weekend. ETC soon to 0.00. |
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GreenBits
Legendary
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Activity: 1148
Merit: 1048
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July 26, 2016, 01:16:29 PM |
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I was unlucky missed the etc train and also lost so much selling at 100k which i have bought at 130k price.
It is quite risky to trade ETC. You do not know when the DAO hacker will dump his ETC and if he is part of the ETC whales. He's going to dump this weekend. ETC soon to 0.00. Source? Seems like this would be shooting himself in the foot, and the guy is obviously a competent trader, that short was a work of art. Why would he supress the price of an asset he is a major holder of, when there is an obvious uptrend in progress? And what books would he even dump on? Polo? I think they would see the incoming deposit and figure out who it is. |
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Dobmaster
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July 27, 2016, 05:09:26 PM |
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I was unlucky missed the etc train and also lost so much selling at 100k which i have bought at 130k price.
It is quite risky to trade ETC. You do not know when the DAO hacker will dump his ETC and if he is part of the ETC whales. He's going to dump this weekend. ETC soon to 0.00. Source? Seems like this would be shooting himself in the foot, and the guy is obviously a competent trader, that short was a work of art. Why would he supress the price of an asset he is a major holder of, when there is an obvious uptrend in progress? And what books would he even dump on? Polo? I think they would see the incoming deposit and figure out who it is. It is possible the hacker is involved in the ETC initiation. Otherwise, no other people dare to pump the ETC. |
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Spufa
Newbie
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Activity: 28
Merit: 0
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July 27, 2016, 07:41:57 PM |
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Lol looks like price indeed crashed this weekend  |
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Mzie (OP)
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July 29, 2016, 10:11:57 AM |
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Lol looks like price indeed crashed this weekend i still believe its a good time to buy ETC |
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bbc.reporter
Legendary
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Activity: 2968
Merit: 1452
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July 29, 2016, 12:32:06 PM |
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I was unlucky missed the etc train and also lost so much selling at 100k which i have bought at 130k price.
It is quite risky to trade ETC. You do not know when the DAO hacker will dump his ETC and if he is part of the ETC whales. He's going to dump this weekend. ETC soon to 0.00. Source? Seems like this would be shooting himself in the foot, and the guy is obviously a competent trader, that short was a work of art. Why would he supress the price of an asset he is a major holder of, when there is an obvious uptrend in progress? And what books would he even dump on? Polo? I think they would see the incoming deposit and figure out who it is. It is possible the hacker is involved in the ETC initiation. Otherwise, no other people dare to pump the ETC. If he did then now we know part of his motivation is to bring The Ethereum fork down. I speculated that his motivation is to destroy Vitalik's Ethereum because the hacker might be a bitcoiner. There is also news that the attacker is Mircea Popescu. He is an oldschool bitcoiner and he is feared by everyone even Vitalik himself. |
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dinofelis
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July 29, 2016, 12:42:00 PM |
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It is possible the hacker is involved in the ETC initiation. Otherwise, no other people dare to pump the ETC.
There is in fact no big surprise. The cast vote on the fork of the ETH holders was: http://carbonvote.com/and that ratio is about what one finds in the market share of the post fork ETH and ETC. |
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raphma
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July 29, 2016, 04:14:38 PM |
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mETH heads are so funny... always the same arguments without any source...
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jmpFCE2
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July 29, 2016, 04:32:58 PM |
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good time to buy if you want to give your money to bug abusers and amateurs
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jmpFCE2
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July 29, 2016, 04:36:03 PM |
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go allin , what are you waiting for , your mommy?!
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