[2016-08-23] Ethereum Classic Price Technical Analysis – ETC Remain Under

[eye4bd]

Ethereum Classic Price Technical Analysis – ETC Remain Under Pressure

Ethereum classic price continued to move down versus BTC, and currently looks poised for further losses in the short term....

http://www.newsbtc.com/2016/08/23/ethereum-classic-price-technical-analysis-etc-remain-pressure/

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[1715088791]

1715088791

[bbc.reporter]

I fear the price decline will turn the miners off and will leave and go somewhere else. ETC first and foremost needs the miners right now. They need their support and it would be nice to receive some charity from them thru hashing power.

There are already posts in their announcement thread that some mining pools are already DDOSed from multiple IP's. Whoever it is we know they are ETH supporters.

[Gahs]

ETC is an altcoin that emerged from a super-hostile environment. It would have had a better chance of surviving if it didn't stem out of eth. As it is now, ETC has too many enemies trying to squash it. I don't see how it will survive for long.