ETC rising to 0.01btc ?

[Keselencoey]

this is my simple chart

https://s13.postimg.org/jtfydyaav/Untitleed.jpg

[mining1]

Lol. It is dying. There will be more small pumps but nothing very signifiant and nothing that can hold the price. ETC attempts to be currency / payment system, so it wants a slice of that cake. Problem is, that cake is shared between bitcoin and 100 more bitcoin clones. And ETC isnt even on same level as litecoin, dash, monero, and other currencies, mainly because in it's curent state it doesn't work, it has to hard fork to eliminate the time bomb in it's code, plus it doesn't have other cryptocurrencies features like more stealthy and so on.

[tiggytomb]

I was expecting it at some point to at least match the ETH price but this could be some way off from that.

[thejaytiesto]

Lol. It is dying. There will be more small pumps but nothing very signifiant and nothing that can hold the price. ETC attempts to be currency / payment system, so it wants a slice of that cake. Problem is, that cake is shared between bitcoin and 100 more bitcoin clones. And ETC isnt even on same level as litecoin, dash, monero, and other currencies, mainly because in it's curent state it doesn't work, it has to hard fork to eliminate the time bomb in it's code, plus it doesn't have other cryptocurrencies features like more stealthy and so on.

ETC has the most buying volume in Poloniex of all coins usually, except now during the XMR pump which is already correcting, so a coin with top buying volume and a very smooth downtrend looks like a good buy to try to profit from a good pump.

[mining1]

Huh ? That's only because it was heavily pumped and hyped, it may be good to speculate on it short term but it can also suddenly die since there is no real reason for it to have a capital above ~5-50$ mil capital, and that only because of market speculation potential. Whales took profits, more smaller pumps will definitely follow but you guys were left in the dust, you went for "ETC and ETH parity" hype and lost money. The only comparable and more stupid motto as "ETC and ETH parity" was "litecoin is silver to bitcoin gold" . I mean, really ?

[Leonard2016]

I was expecting it at some point to at least match the ETH price but this could be some way off from that.

i was expecting that too.

but the ethereum foundation with their lots of money to throw away, they have been dumping as much as they could to keep the ETC down.

and even when poloniex froze their funds it wasn't enough.

[Azael]

Things go up things go down..

We need DTHs and Coinbase holders to get their ETC then the market can reach price discovery. Right now it's in the markets best interest to get rid of the DTHs who will want to sell as cheaply as possible and then proceed. The longer the RHG keeps the ETC hostage the worse and bloodier it'll be which is perhaps their intention.

[social crypto coin]

trend price ETC its now down, if up to go the moon
price 0,01btc every one etc is imposible is fast time
maybe is trend back up again only up until 300 - 350k satoshi

maybe end year or next year etc can get up to 0,01 btc every one etc

[Nahl]

i have just cut loss yesterday for this coin because in the several days the prices has been down day by day and i have done with this coin because i'm very doubt the price will rise up again to 0.003 above and in my opinion ETC to reach 0.01 with the current situations is not possible

[bbc.reporter]

this is my simple chart

What kind of a chart analysis is that?

Sorry but ETC will be continuing to go down for the time being. How long and how low is the question and it is not looking good because the hash power is also going down. No miner is willing to support the network for free and they are leaving slowly one by one.

This will not look good for those who fight for blockchain immutability and true decentralization.

[Fatinan]

I was expecting it at some point to at least match the ETH price but this could be some way off from that.

That is right. If the ETC price rise to 0.01 bitcoin, that will make many people rich and it might take some time.

[PaulPogba8]

Now is 0.0022 btc, I don't think it will rise to 0.01 in the near future, because there is not any backed development there, only price speculation needs.

[Gahs]

Sorry but ETC will be continuing to go down for the time being. How long and how low is the question and it is not looking good because the hash power is also going down. No miner is willing to support the network for free and they are leaving slowly one by one.

This will not look good for those who fight for blockchain immutability and true decentralization.

Uhm... I am not aware that ETC miners did not get anything out of mining ETC. Why is that so?

[thejaytiesto]

Sorry but ETC will be continuing to go down for the time being. How long and how low is the question and it is not looking good because the hash power is also going down. No miner is willing to support the network for free and they are leaving slowly one by one.

This will not look good for those who fight for blockchain immutability and true decentralization.

Uhm... I am not aware that ETC miners did not get anything out of mining ETC. Why is that so?

Of course they get... otherwise why the coin is still alive? Every time the coin goes up in price, the hash rate goes up in price too. The hash rate follows the price, and not the opposite. Miners will mine whatever coin is going up.

[Raja_MBZ]

Sorry but ETC will be continuing to go down for the time being. How long and how low is the question and it is not looking good because the hash power is also going down. No miner is willing to support the network for free and they are leaving slowly one by one.

This will not look good for those who fight for blockchain immutability and true decentralization.

Uhm... I am not aware that ETC miners did not get anything out of mining ETC. Why is that so?

Of course they get... otherwise why the coin is still alive? Every time the coin goes up in price, the hash rate goes up in price too. The hash rate follows the price, and not the opposite. Miners will mine whatever coin is going up.

Even with the current low value of ETC, it's still the most profitable one to mine with GPU, almost equal to ETH. I don't think so that miners are leaving it one by one as bbc.reporter said above, probably a false BBC report. As far as I can see, miners are entering one by one, not leaving.

[PaulPogba8]

not rise to 0.01 btc, the chart looks like dump to 0.001 btc, let us see. etc hype was over, unless eth hype again, etc will be pumped with eth.

[ImHash]

But isn't ETC the same ETH before the fork? then why couldn't it be as high as ETH again?
Could ETC be exploited again like before?
If not then I don't see any reason why shouldn't be high as ETH, while they are both the same things.

[malcovixeffect]

Vape reaching to .01BTC? Nay!

[anama]

ETC not ETH, etc not same eth
after dev eth declare does not recognize, and does not become part of the ETC
etc price is down, etc can up only pump dev etc and market placed exchanger
maybe is community etc not strong price range etc only 100k - 500k satoshi every one ETC

[Ayers]

Sorry but ETC will be continuing to go down for the time being. How long and how low is the question and it is not looking good because the hash power is also going down. No miner is willing to support the network for free and they are leaving slowly one by one.

This will not look good for those who fight for blockchain immutability and true decentralization.

Uhm... I am not aware that ETC miners did not get anything out of mining ETC. Why is that so?

Of course they get... otherwise why the coin is still alive? Every time the coin goes up in price, the hash rate goes up in price too. The hash rate follows the price, and not the opposite. Miners will mine whatever coin is going up.

Even with the current low value of ETC, it's still the most profitable one to mine with GPU, almost equal to ETH. I don't think so that miners are leaving it one by one as bbc.reporter said above, probably a false BBC report. As far as I can see, miners are entering one by one, not leaving.

it's less than real etheruem it was just hype and nothing more, miners are leaving for real etheruem and nethash will fall slowy, price also seems to follow this, and not the opposite like usually happen