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Author Topic: ETC is now 3rd crypto marketcap in the world!!!  (Read 2592 times)
iamnotback
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August 03, 2016, 09:52:20 AM
Last edit: August 03, 2016, 10:11:32 AM by iamnotback
 #41

I speculate that this recent price will not hold. Some traders will take profit at the first sign that there will be weakness. It has moved up very quickly and it makes it unstable because the buy support cannot catch up.

I speculate it won't stop until everyone has sold their ETH for ETC. This will accelerate as more and more idiots realize that if they don't sell ETH, they will lose all.

Fools are slow to act until they panic at the end.

Also you are underestimating the power of bull run vortex on crypto speculators. Crypto speculators tend to dive headfirst into opportunities to make a quick 300% gain.

ETH has no future because Vitalik proved the blockchain can't be trusted. If we want blockchains to remain immutable, ETC must win. I think Bitcoin supporters will make sure ETC wins against ETH.

I think the DAO benefactor hacker is likely profiting big time on  leveraged ETH shorts, while being leveraged long on ETC. So he can use proceeds to drive the price the direction he wants, while never needing to actually cash out of ETC.

Bitcoin investors would love to see ETC kill ETH. And if they can make money doing that, then it is a nobrainer.

But there is an equivalent number of ETC in the Ethereum foundation's premine of ETH. Don't you think Vitalik will once again make a desperate move to save the fork by dumping all the ETC they can potentially have and buy ETH with it?

My estimated guess is he is naive but not that dumb (to think he can fight the market with certainty). Remember he did diversify and sold 25% of his ETH, having learned from holding BTC all the way down in 2014/5.

And if he does, then it will just be Vitalik destroying himself at the end, while the other fools have one more chance to sell ETH to Vitalik so he is left holding the bag.  Cheesy

That is unless Vitalik can work some of his mesmerizing magic with his words, somehow deluding a large swath of people that he can create something for ETH that would justify the loss of immutability trustlessness of the blockchain. I don't think he can any more. He has played that card already. ETC can copy any open source improvements worth having. Some mETH heads might be thinking Ethereum is leaderless if Vitalik loses this battle, but I don't think ETC investors care. Speculators want to make a buck and if they can enforce correct ideology as well, all for the better. Perhaps some fresh opportunities for others to contribute on the concept of smart blockchains might spawn some new innovation that Vitalik et al didn't accomplish in 2 years. They were given $millions to play with and so it isn't like they didn't get theirs or weren't given every opportunity to perform.

I am hoping Vitalik will capitulate and join ETC and in more of a subservient (as in serving and honorable) role to the community. That would be the best outcome I think. The correct ideology would win, Vitalik would grow up, etc..

P.S. I am assuming the financial back of the price manipulator behind ETH will be broken. If that is not the case, then I guess we could ride a yoyo seesaw. I think perhaps this manipulator is hedging his options.
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August 05, 2016, 11:53:30 AM
 #42

I speculate that this recent price will not hold. Some traders will take profit at the first sign that there will be weakness. It has moved up very quickly and it makes it unstable because the buy support cannot catch up.

I speculate it won't stop until everyone has sold their ETH for ETC. This will accelerate as more and more idiots realize that if they don't sell ETH, they will lose all.

Fools are slow to act until they panic at the end.

Also you are underestimating the power of bull run vortex on crypto speculators. Crypto speculators tend to dive headfirst into opportunities to make a quick 300% gain.

ETH has no future because Vitalik proved the blockchain can't be trusted. If we want blockchains to remain immutable, ETC must win. I think Bitcoin supporters will make sure ETC wins against ETH.

I think the DAO benefactor hacker is likely profiting big time on  leveraged ETH shorts, while being leveraged long on ETC. So he can use proceeds to drive the price the direction he wants, while never needing to actually cash out of ETC.

Bitcoin investors would love to see ETC kill ETH. And if they can make money doing that, then it is a nobrainer.

But there is an equivalent number of ETC in the Ethereum foundation's premine of ETH. Don't you think Vitalik will once again make a desperate move to save the fork by dumping all the ETC they can potentially have and buy ETH with it?

My estimated guess is he is naive but not that dumb (to think he can fight the market with certainty). Remember he did diversify and sold 25% of his ETH, having learned from holding BTC all the way down in 2014/5.

And if he does, then it will just be Vitalik destroying himself at the end, while the other fools have one more chance to sell ETH to Vitalik so he is left holding the bag.  Cheesy

That is unless Vitalik can work some of his mesmerizing magic with his words, somehow deluding a large swath of people that he can create something for ETH that would justify the loss of immutability trustlessness of the blockchain. I don't think he can any more. He has played that card already. ETC can copy any open source improvements worth having. Some mETH heads might be thinking Ethereum is leaderless if Vitalik loses this battle, but I don't think ETC investors care. Speculators want to make a buck and if they can enforce correct ideology as well, all for the better. Perhaps some fresh opportunities for others to contribute on the concept of smart blockchains might spawn some new innovation that Vitalik et al didn't accomplish in 2 years. They were given $millions to play with and so it isn't like they didn't get theirs or weren't given every opportunity to perform.

I am hoping Vitalik will capitulate and join ETC and in more of a subservient (as in serving and honorable) role to the community. That would be the best outcome I think. The correct ideology would win, Vitalik would grow up, etc..

P.S. I am assuming the financial back of the price manipulator behind ETH will be broken. If that is not the case, then I guess we could ride a yoyo seesaw. I think perhaps this manipulator is hedging his options.

Vitalik claimed on twitter that he will not support ETC even if ETC becomes bigger than ETH. A lot of people in ETH are sheep with cult mentality over Vitalik and will follow whatever he says. I not only hope that ETC ends up winning this ongoing war so Ethereum stays as it was without the principles of immutability being broken, but to get rid of such a visible leader which by the way acted as a central banker by trying to stop all trades to stop people from freely selling their coins:

https://www.reddit.com/r/ethereum/comments/4oif2x/dao_attack_exchanges_please_pause_eth_and_dao/


This is a piece of history that leaves Vitalik in a very bad situation. I cant believe he still gets support after this. For this I hope ETC crushes ETH.
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August 05, 2016, 12:09:45 PM
 #43

@iamnotback you see, i wasn't wrong. You're a fud troll. You speculate on cryptocurrency because youre such a succesful developer. At first i was expecting more from you, but i was wrong. Any knowledge you may have it's used to speculate into cryptocurrencies, so all you are is : A fud dishonest jealous troll, especially when you saw vitalik and his team being ahead of their time breaking boundaries in the blockchain scene and you, because you're such a succesful developer, you feel helpless about it and all you do is spend your time here, fudding and speculating.
And why would vitalik support ETC? Are you a moron? They keep their word, they said they'll support the winning chain, and the victor was clear with 99% hashrate. That's it. Yes yes, a whale/s are pumping ETC to speculate on it with the motto " ETC is the new ETH" , they increased the price by pumping and some miners started mining on it because at some point it was more profitable (at 3$+ with very low difficulty).
Judging by your logic, if in 2 months a whale decides to build a 10million $ farm to simply to overtake ETH hashrate, the foundation should abandon ETH and go for ETC.Lol, you're a cretin. They have a higher moral ground than you, that;s not gonna happen
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August 05, 2016, 12:13:45 PM
 #44

@iamnotback you see, i wasn't wrong. You're a fud troll. You speculate on cryptocurrency because youre such a succesful developer. At first i was expecting more from you, but i was wrong. Any knowledge you may have it's used to speculate into cryptocurrencies, so all you are is : A fud dishonest jealous troll, especially when you saw vitalik and his team being ahead of their time breaking boundaries in the blockchain scene and you, because you're such a succesful developer, you feel helpless about it and all you do is spend your time here, fudding and speculating.

This feels a little snuggle cuddle stalkerish.
mining1
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August 05, 2016, 12:15:43 PM
 #45

The point is, he was always wrong, ETH should have died 100 times by now because of irreparable flaws in it's core that only HE could fix, as he put it.
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August 05, 2016, 04:19:03 PM
 #46

If you know that 100% for fact then why not get in and get out and take advantage whats happening?

Nobody cares.  It's 90% fake volume and price prop up.
Tacalt
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August 05, 2016, 04:30:42 PM
 #47

Look this whole ETH/ETC thing, and the price being what it is right now, says to me that even a coin that faced a hard fork, dealing with blockchain issues and all the other stuff that is being spoken of that is going wrong with this coins Dev, peopel can still make money and the complainers sound like a broken record. Don't get me wrong, Its good that everyone comes on here and discusses their thoughts and shares an opinion (as I'm doing now) so we can figure out exactly whats going on.

Were all looking for the next BTC, but the Alt coin world is a casino,here are a million coins that come out everyday, dont get so personally attached, just focus on trading up. Make that money sell for BTC. Even with all the coins problems and the fact that i suspect a pump in play, I still made money off of it and  lost on my last 3 coins and made a killing on the 2 before that one. Just stay thirsty my brothers!

complaining about a pump in the alt coin worlds exactly like complaining about the odds not being in your favor in Vegas. I'm not saying its right I'm just saying its happened on at least 20 coins iv been suckered into and I still made money on a lot of them because of my healthy skepticism, every coin requires a certain amount of trust in the devs that I just do not have anymore.

I speculate that this recent price will not hold. Some traders will take profit at the first sign that there will be weakness. It has moved up very quickly and it makes it unstable because the buy support cannot catch up.

I speculate it won't stop until everyone has sold their ETH for ETC. This will accelerate as more and more idiots realize that if they don't sell ETH, they will lose all.

Fools are slow to act until they panic at the end.

Also you are underestimating the power of bull run vortex on crypto speculators. Crypto speculators tend to dive headfirst into opportunities to make a quick 300% gain.

ETH has no future because Vitalik proved the blockchain can't be trusted. If we want blockchains to remain immutable, ETC must win. I think Bitcoin supporters will make sure ETC wins against ETH.

I think the DAO benefactor hacker is likely profiting big time on  leveraged ETH shorts, while being leveraged long on ETC. So he can use proceeds to drive the price the direction he wants, while never needing to actually cash out of ETC.

Bitcoin investors would love to see ETC kill ETH. And if they can make money doing that, then it is a nobrainer.

But there is an equivalent number of ETC in the Ethereum foundation's premine of ETH. Don't you think Vitalik will once again make a desperate move to save the fork by dumping all the ETC they can potentially have and buy ETH with it?

My estimated guess is he is naive but not that dumb (to think he can fight the market with certainty). Remember he did diversify and sold 25% of his ETH, having learned from holding BTC all the way down in 2014/5.

And if he does, then it will just be Vitalik destroying himself at the end, while the other fools have one more chance to sell ETH to Vitalik so he is left holding the bag.  Cheesy

That is unless Vitalik can work some of his mesmerizing magic with his words, somehow deluding a large swath of people that he can create something for ETH that would justify the loss of immutability trustlessness of the blockchain. I don't think he can any more. He has played that card already. ETC can copy any open source improvements worth having. Some mETH heads might be thinking Ethereum is leaderless if Vitalik loses this battle, but I don't think ETC investors care. Speculators want to make a buck and if they can enforce correct ideology as well, all for the better. Perhaps some fresh opportunities for others to contribute on the concept of smart blockchains might spawn some new innovation that Vitalik et al didn't accomplish in 2 years. They were given $millions to play with and so it isn't like they didn't get theirs or weren't given every opportunity to perform.

I am hoping Vitalik will capitulate and join ETC and in more of a subservient (as in serving and honorable) role to the community. That would be the best outcome I think. The correct ideology would win, Vitalik would grow up, etc..

P.S. I am assuming the financial back of the price manipulator behind ETH will be broken. If that is not the case, then I guess we could ride a yoyo seesaw. I think perhaps this manipulator is hedging his options.
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August 05, 2016, 04:33:28 PM
 #48

Nobody cares.  It's 90% fake volume and price prop up.

That is all any coin is lol wake up BRO

---Hip-Hop and Rock is where my guns at---
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August 05, 2016, 04:34:11 PM
 #49

ethereum classic has been performing very werll in the market and could really keep up with the rest of the list although everybody expected it to fail.

but we can clearly see that ETC is thriving and growing to the level of ETH and meanwhile ETH price is falling hard.


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Tacalt
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August 05, 2016, 04:36:05 PM
 #50

EXACTLY WHAT IM SAYING!!! make your money and get out because this is the entirety this world, and anyone who thinks any different is an idiot #WakeUp

Nobody cares.  It's 90% fake volume and price prop up.

That is all any coin is lol wake up BRO
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August 06, 2016, 01:12:26 AM
 #51

I speculate that this recent price will not hold. Some traders will take profit at the first sign that there will be weakness. It has moved up very quickly and it makes it unstable because the buy support cannot catch up.

I speculate it won't stop until everyone has sold their ETH for ETC. This will accelerate as more and more idiots realize that if they don't sell ETH, they will lose all.

Fools are slow to act until they panic at the end.

Also you are underestimating the power of bull run vortex on crypto speculators. Crypto speculators tend to dive headfirst into opportunities to make a quick 300% gain.

ETH has no future because Vitalik proved the blockchain can't be trusted. If we want blockchains to remain immutable, ETC must win. I think Bitcoin supporters will make sure ETC wins against ETH.

I think the DAO benefactor hacker is likely profiting big time on  leveraged ETH shorts, while being leveraged long on ETC. So he can use proceeds to drive the price the direction he wants, while never needing to actually cash out of ETC.

Bitcoin investors would love to see ETC kill ETH. And if they can make money doing that, then it is a nobrainer.

But there is an equivalent number of ETC in the Ethereum foundation's premine of ETH. Don't you think Vitalik will once again make a desperate move to save the fork by dumping all the ETC they can potentially have and buy ETH with it?

My estimated guess is he is naive but not that dumb (to think he can fight the market with certainty). Remember he did diversify and sold 25% of his ETH, having learned from holding BTC all the way down in 2014/5.

And if he does, then it will just be Vitalik destroying himself at the end, while the other fools have one more chance to sell ETH to Vitalik so he is left holding the bag.  Cheesy

That is unless Vitalik can work some of his mesmerizing magic with his words, somehow deluding a large swath of people that he can create something for ETH that would justify the loss of immutability trustlessness of the blockchain. I don't think he can any more. He has played that card already. ETC can copy any open source improvements worth having. Some mETH heads might be thinking Ethereum is leaderless if Vitalik loses this battle, but I don't think ETC investors care. Speculators want to make a buck and if they can enforce correct ideology as well, all for the better. Perhaps some fresh opportunities for others to contribute on the concept of smart blockchains might spawn some new innovation that Vitalik et al didn't accomplish in 2 years. They were given $millions to play with and so it isn't like they didn't get theirs or weren't given every opportunity to perform.

I am hoping Vitalik will capitulate and join ETC and in more of a subservient (as in serving and honorable) role to the community. That would be the best outcome I think. The correct ideology would win, Vitalik would grow up, etc..

P.S. I am assuming the financial back of the price manipulator behind ETH will be broken. If that is not the case, then I guess we could ride a yoyo seesaw. I think perhaps this manipulator is hedging his options.

That is an insightful assessment. But I disagree that it would be good if Vitalik joined the original Ethereum classic. There is an argument that it is still his creation. No. He abandoned it and it has been now adopted by a small community that does not need the real father. It will be better that way so that he will have no way to corrupt it.

Charles Hoskison has declared that he will contribute in the original chain. What is your opinion on this? Is he someone that will be good for ETC?

.
.DuelbitsSPORTS.
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arseaboy
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August 06, 2016, 05:25:00 AM
 #52

ethereum classic has been performing very werll in the market and could really keep up with the rest of the list although everybody expected it to fail.

but we can clearly see that ETC is thriving and growing to the level of ETH and meanwhile ETH price is falling hard.
I can't really understand how to follow this coin, it seems that the project keep fighting back and the community still aiming for its goal so support still coming better to join the ride if you have strong balls.

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densuj
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August 06, 2016, 05:38:20 AM
 #53

https://coinmarketcap.com/

ETC has already surpassed STEEM. Now it's time to go where it belongs, 2nd below BTC the king of crypto. ETH will go to third spot soon. Bailout chain will not survive this.
And today ETC is now 6th on coinmarketcap, always there are going up and going down (fluctuating). And it is good for traders makes money. So depend on to us how are way money from the fluctuating of price.
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August 06, 2016, 12:42:32 PM
 #54

The point is, he was always wrong, ETH should have died 100 times by now because of irreparable flaws in it's core that only HE could fix, as he put it.

the thins is, etherum is a super manipulation coin so it is impossible for it to die this young when there are whales with endless pockets literary throwing their money at it by putting up huge buy walls to prevent the price to drop and we have seen in the past that the biggest altcoin exchange called poloniex is behind them when they go offline, block ethereum deposits and all other tricks to prevent the massive panic sells from happening.

Only Bitcoin
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August 06, 2016, 05:53:06 PM
 #55

ethereum classic has been performing very werll in the market and could really keep up with the rest of the list although everybody expected it to fail.

but we can clearly see that ETC is thriving and growing to the level of ETH and meanwhile ETH price is falling hard.
I can't really understand how to follow this coin, it seems that the project keep fighting back and the community still aiming for its goal so support still coming better to join the ride if you have strong balls.

I join the ride by mining the ETC when the profitability is higher than the ETH. Then I dump it for the ETH.
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August 06, 2016, 05:56:25 PM
 #56

According to coinmarketcap  ETC still in the #5 in the coin market cap.. i think it will go further it will stay at 5th..
Or it will go down again back..
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August 06, 2016, 08:58:53 PM
 #57

According to coinmarketcap  ETC still in the #5 in the coin market cap.. i think it will go further it will stay at 5th..
Or it will go down again back..
It will go back down. It's basically a slow moving crash. I'd sell.

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August 06, 2016, 09:11:17 PM
 #58

If you know that 100% for fact then why not get in and get out and take advantage whats happening?

Nobody cares.  It's 90% fake volume and price prop up.
of course the volume is not fake, etc is the only real ethereum right now and im buying into it to make some good profit in the future, im holding etc as a long term investment




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August 06, 2016, 09:13:26 PM
 #59

I still don't understand what's happening with Ethereum... this break apart just serves to set people in disagreement. There should be only one ethereum!
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August 06, 2016, 09:15:47 PM
 #60

I speculate that this recent price will not hold. Some traders will take profit at the first sign that there will be weakness. It has moved up very quickly and it makes it unstable because the buy support cannot catch up.

I speculate it won't stop until everyone has sold their ETH for ETC. This will accelerate as more and more idiots realize that if they don't sell ETH, they will lose all.

Fools are slow to act until they panic at the end.

Also you are underestimating the power of bull run vortex on crypto speculators. Crypto speculators tend to dive headfirst into opportunities to make a quick 300% gain.

ETH has no future because Vitalik proved the blockchain can't be trusted. If we want blockchains to remain immutable, ETC must win. I think Bitcoin supporters will make sure ETC wins against ETH.

I think the DAO benefactor hacker is likely profiting big time on  leveraged ETH shorts, while being leveraged long on ETC. So he can use proceeds to drive the price the direction he wants, while never needing to actually cash out of ETC.

Bitcoin investors would love to see ETC kill ETH. And if they can make money doing that, then it is a nobrainer.

But there is an equivalent number of ETC in the Ethereum foundation's premine of ETH. Don't you think Vitalik will once again make a desperate move to save the fork by dumping all the ETC they can potentially have and buy ETH with it?

My estimated guess is he is naive but not that dumb (to think he can fight the market with certainty). Remember he did diversify and sold 25% of his ETH, having learned from holding BTC all the way down in 2014/5.

And if he does, then it will just be Vitalik destroying himself at the end, while the other fools have one more chance to sell ETH to Vitalik so he is left holding the bag.  Cheesy

That is unless Vitalik can work some of his mesmerizing magic with his words, somehow deluding a large swath of people that he can create something for ETH that would justify the loss of immutability trustlessness of the blockchain. I don't think he can any more. He has played that card already. ETC can copy any open source improvements worth having. Some mETH heads might be thinking Ethereum is leaderless if Vitalik loses this battle, but I don't think ETC investors care. Speculators want to make a buck and if they can enforce correct ideology as well, all for the better. Perhaps some fresh opportunities for others to contribute on the concept of smart blockchains might spawn some new innovation that Vitalik et al didn't accomplish in 2 years. They were given $millions to play with and so it isn't like they didn't get theirs or weren't given every opportunity to perform.

I am hoping Vitalik will capitulate and join ETC and in more of a subservient (as in serving and honorable) role to the community. That would be the best outcome I think. The correct ideology would win, Vitalik would grow up, etc..

P.S. I am assuming the financial back of the price manipulator behind ETH will be broken. If that is not the case, then I guess we could ride a yoyo seesaw. I think perhaps this manipulator is hedging his options.

I may have overestimated Vitalik. He appears determined to fight to the end and destroy himself entirely:

Vitalik Buterin confirmed via Twitter that he will work 100% on ETH and still won't support ETC, even if the price of ETC overtakes the price of ETH.

Vitalik is in a state of denial:

Quote from: Vitalik@Twitter
No, it's about values. ETH = reasonableness, pragmatism and compromise.

Ethereum's Turing complete shit on a blockchain is not reasonable, pragmatic, nor even a compromise. It is a disaster that others are going to need to rescue.

Disagree. ETH will be attacked by hackers and riddled with arguments over bailouts and rollbacks. ETC will stand as "the code is the law" and will become the more trusted sandbox to run these dangerous Turing complete experiments. Please don't downvote my reputation just because you disagree with my opinion. That is what the Reply button is for.
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