What likelihood do you folks assign to the sum of ETH and ETC touching $20 again in the near term? Will it be ETC that will primarily drive this?
Disclosure: long ETC
Not likely in the near term. ETH took a hit badly because of their development team and their leader doing stupid and not well thought out schemes. We do not even have any updates about the ETC they were going to dump at Poloniex and Kraken. Are they starting to return it now or are they still holding it ransom to gain leverage on the classic chain?
ETC's hype is gone. There was a proposed creation of a road map and other stuff from Charles Hoskinson but there is no word of it until now. So everything is just business as usual with nothing new. Both ETC and ETH look weak and ETH is just waiting to be dumped now while ETC is still busy looking and finding its bottom.