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Author Topic: ETC Criminal Coin in Freefall  (Read 1396 times)
Minecache (OP)
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August 04, 2016, 04:44:28 PM
 #1

The criminals crypto coin of choice ETC is currently in freefall down 30% already with MASSIVE sell walls reported in all exchanges, especially Poloniex. This all comes on the back of reports that the DAO attacker has started to simultaneously dump his ill gotten plunder across multiple exchanges. I'd advise all current ETC criminal coin hodlers to SELL before it's too late.

Robertqueen2
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August 04, 2016, 05:16:24 PM
 #2

I have noticed that , ETC declined to the fourth rank in coinmarketcap , buying ETC is not recommended for now , because additional loses are expected , from other side , ETH price has increased 16% today , after it fell down to $ 7 yesterday , it is more than $11 today .
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August 04, 2016, 05:25:36 PM
 #3

'The criminal's crypto'. I like that, nice ring to it.

Any consideration to the fact that bitcoin took a dramatic L yesterday? I think that might have had a lot to do with the price movement on most coins, but it's just a conjecture.
maydna
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August 04, 2016, 05:27:33 PM
 #4

in my opinion, this was because panic sell from trader in market not from the DAO attacker. if i see on coinmarketcap, ETC gets 5th position, and i am sure ETC will get up again. as long as we can get profit by buy and sell, why not? if i have ETC, i will play hit and run, because its really good to do that in now, there are panic sell from trader, but in other side, we can take profit, even if we've only got in small profit.

in my other opinion is the dev is confuse, want to choose ETH or ETC, because both have good potential in future. so maybe, the dev should choose one coin, ETH or ETC, and the rest will be sacrifice. or the dev still want to develop in both coins. its like a drama movie. and its just my opinion, nothing personal, as long as i can get profit from that two coins.

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1ofthemany
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August 04, 2016, 05:32:33 PM
 #5

ETC will recover. Just watch.
European Central Bank
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August 04, 2016, 05:38:35 PM
 #6

I've got the op on ignore but there's no need to read his post as I know what it's gonna say. he can save himself some time by making blank posts. the criminal's choice looks fine from where i'm sitting.
NorthPixel
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August 04, 2016, 05:40:55 PM
 #7

I've got the op on ignore but there's no need to read his post as I know what it's gonna say. he can save himself some time by making blank posts. the criminal's choice looks fine from where i'm sitting.

If we do not have committment from the DAO hacker that he/she would keep the coin and do not dump, the ETC will fall.
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August 04, 2016, 05:45:06 PM
 #8

nope. even if the attacker was stupid enough to dump all at once, and as far as I know there has never been a case of that in market history ever, the price would collapse and the shit would be bought out of it.

a few days later it would be on the rise as the only boogeyman people have to throw around is gone. etc's real future issue is if anyone's going to develop on it. the euphoria's gonna fade at some point.
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August 04, 2016, 05:47:06 PM
 #9

Many people are still believing in ethereum developers can treat this problem.. but looks like DAO hackers are still alive and they are try to ETC hack..
I am lucky that i never bought those coins..
GreenBits
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August 04, 2016, 06:59:32 PM
 #10

nope. even if the attacker was stupid enough to dump all at once, and as far as I know there has never been a case of that in market history ever, the price would collapse and the shit would be bought out of it.

a few days later it would be on the rise as the only boogeyman people have to throw around is gone. etc's real future issue is if anyone's going to develop on it. the euphoria's gonna fade at some point.

Exactly. No major theft has every been followed by a dump; it's kind of dumb becuase dumping means gettngnless than what you could have gotten, had you simply been patient. Smart money would put stoken money in sell orders x percent above market, slowly but surely. Hell, it was free, what's the rush?
AlanDiz
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August 04, 2016, 07:32:29 PM
 #11

I just get a smile on my face reading these threads. Everyone arguing based on what coin they have in their wallet.
sandiman
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August 04, 2016, 07:49:36 PM
 #12

Free fall ?? after going up so quickly it's just an appropriated correction. same as did your baby eth the other way around.
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August 04, 2016, 08:45:07 PM
 #13

its all just co-ordinated pumps btc/eth/etc all just pump teams fucking every1 over!!
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August 04, 2016, 08:57:53 PM
 #14

'The criminal's crypto'. I like that, nice ring to it.

Any consideration to the fact that bitcoin took a dramatic L yesterday? I think that might have had a lot to do with the price movement on most coins, but it's just a conjecture.

Don't try Logic & Reason with Minecache he has ETH to flog.. them bags are heavy.
And $7 yesterday ?
No wonder he's freaking out shitting his pants flooding this place with anti-ETC topics.

And if the attacker is dumping then yeah the price will go down some.
So what ?
People have pointed out how that is not likely to really amount too much.

I have pointed out how that *could* trigger some panic dumping.
But has it ?
That remains to be seen.
I think that is what Fraud Boy was implying though (with no evidence to support it)

Don't expect much from Minecache here people..
There is a reason why you all voted him as Altcoin section FRAUD  Cheesy

FUD first & ask questions later™
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August 05, 2016, 07:00:26 AM
 #15

a touch of drama in the headline don't you think? ETC is about .004350000 right now. Yes, down from the high but hardly in Freefall. I've watched whatever the coin of the day on Polo get pumped and freefall about 20x and havent seen headline "Rubycoin/ Lisk/ Steem/ LBS in Freefall" . ETC seems to be trading fairly normal.
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August 06, 2016, 03:08:04 AM
 #16

Why the ETH crowd is so mad about ETC? Can't they just shut up and let people who don't agree with their fork to work and invest as they want. Also, many ETH holders also own ETC, so it's wrong to assume that ETC is bad for ETH holders. In fact, it's better to support both for a chance of a higher overall value.
NorthPixel
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August 06, 2016, 01:58:46 PM
 #17

Why the ETH crowd is so mad about ETC? Can't they just shut up and let people who don't agree with their fork to work and invest as they want. Also, many ETH holders also own ETC, so it's wrong to assume that ETC is bad for ETH holders. In fact, it's better to support both for a chance of a higher overall value.

I think there is no need to be mad about ETC. If the developers do not support it, it will die like other scam coins.
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August 06, 2016, 02:03:52 PM
 #18

I think there is no need to be mad about ETC. If the developers do not support it, it will die like other scam coins.
ETC works fine with no developers. When needed, new developers can jump in, as long as ETC is valuable.
Ense04
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August 06, 2016, 02:07:18 PM
 #19

For now maybe...
NorthPixel
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August 07, 2016, 02:49:47 PM
 #20

I think there is no need to be mad about ETC. If the developers do not support it, it will die like other scam coins.
ETC works fine with no developers. When needed, new developers can jump in, as long as ETC is valuable.

ETC can share the developers with Expanse, SOIL or other Ethereum clones. They might merge mining.
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