Why people buy etc ?

[guesswhat]

As you know ethereum classic existed after a hack action. And they made a hard fork on ethereum blockchain. Here the deal with etc is the new upcoming projects. Some ICO can use etc blockchain, and this could make a boom in ethereum classic. That's the reason.

[makishart]

We're all know etc is a Coin from ethereum split and the price now is very low even etc doesn't had 50% price from eth so why people still buy it ? Can someone explain to me ?

There is no actual reason to buy ethereum classic rather than just hope to the big pumpers to pump the price of the coin. Because they are betting in there to leave their money from there with decent profit. They are betting on the fatamorgana about the future of ethereum classic that was so simple.

[k@suy]

People who keep buying etc are those people who believe that doing so would be profitable in the future. They buy etc and planning to hold them for future profits.

They buy etc as an investment. But investment wise, it looks promising also and possibly it will appreciates in the future. With being fork from eth, etc will be a second choice too from eth IMHO. So far it is doing well.

[KluFf]

they just hoping . and trying to know if etc wil still have a good future.

but ill recommend eth for the stable of the price

[the-doctor]

They are all waiting a surprise from the team IMO... It has the legaccy effect of etherium and not so attractive today for investment but the pumps are always here so everyone has there own strategy..

[BLACKCOIN883]

It's used just for trading, like most cryptocurrencies. Gambling tokens.

[Gastotade]

It's used just for trading, like most cryptocurrencies. Gambling tokens.

plus an investment, some users just go into btc to make it as thei bank for its probability to grew more in the future. Better use some alts for gambling its too expensive for now since btc value is in hype.

[Kocret02]

It's used just for trading, like most cryptocurrencies. Gambling tokens.

plus an investment, some users just go into btc to make it as thei bank for its probability to grew more in the future. Better use some alts for gambling its too expensive for now since btc value is in hype.

yes may be just as coins spare just considering the price etc can at any time go up drastically unexpected and also a good market.

[Sephire]

There is a view by some traders that after ETH goes POS, miners will switch to ETC and
price will rise. While that may be true, there are plenty of hotter coins to choose from.

[khokon150]

Ethereum Classic price is low only for you but price is high for some people such as example me.Already ETC price is big raising now 15.88$ per coin value.Everybody try to hold this coin because this coin growth is very high for future.

[Argoo]

Now the rate of Ethereum Classik is 15.82 dollars with a capitalization of about 1.5 billion dollars. Recently, his rate has slightly increased. Of course, he is far from the price of Ethereum, from which he at one time separated. However, it has a certain degree of community support, and demand in the market generates supply.

[cramcram21]

Maybe they have faith in Ethereum classic and they think that it would be pump in a couple of months maybe year,
We don't really know what are their reason's but I think the main reason is they want to have a profit from it.

[ss890]

We're all know etc is a Coin from ethereum split and the price now is very low even etc doesn't had 50% price from eth so why people still buy it ? Can someone explain to me ?

It is in the want that they will earn big profits after buying it at so much low prices. ETC will at least have bigger chances of going up because it is clone of ethereum itself. Ethereum has shown promises to us and followed the same after having lots of dips. Same case is expected with ETC as well. The coin will come up with new price pretty soon as more people will keep buying it. The formula is simple, more the investment into specific coin more is the trade volume and thus gaining price. That's the thing which will lift ETC and those who invest now will get great profits.

[n4poleon]

A lot of misinformation here. First of all, Ethereum Classic didn't came from Ethereum. If you go with the idea where it came from, well Ethereum Classic is the ORIGINAL Ethereum chain, the Ethereum right now is the forked one, Ethereum was the one deviated from the original chain hence making the Ethereum Classic the original chain.

When people saying that there are no devs and developments on ETC, these people are either unaware, dismissive of facts or just plain stupid or they don't want ETC to live. ETC has three development teams and they have independent road maps.

1. ETCdev team - working on the, core protocol, Emerald project and day-to-day maintenance of the network. refer here: http://www.etcdevteam.com/roadmap.html

2. IOHK team - responsible for the development of the scala client (mantis), and future developments, refer here: https://iohk.io/projects/ethereum-classic/#devupdates

And partly, 3. Parity tech team - Gavin helped to setup the parity client for ETC, he didn't have to do this but he did.

And ETC have other independent developers/contributors such as dexaran, he's doing the commonwealth project. refer here: https://dexaran.github.io/EthereumCommonwealth/Bounties/

plus Ubiq and ETC will work together via EthereumCommonwealth project. And I have found a list of ETC dApps, tokens and wallet here: https://docs.google.com/spreadsheets/d/1Nvo56-rxrzKRGsVN-UysfOq9m28y0ZCVw5tLiamPomQ/edit#gid=0

And this is just the other side of ETC, aside from Barry or Charles, and to be clear, they may appear as front but they are not the leaders of ETC and ETC has no leaders it is an autonomous group with different development teams unlike ethereum.

[slaman29]

As you know ethereum classic existed after a hack action. And they made a hard fork on ethereum blockchain. Here the deal with etc is the new upcoming projects. Some ICO can use etc blockchain, and this could make a boom in ethereum classic. That's the reason.

People are free to use whichever chain they want. Those who did not agree with Mr Vitalik Buterin and gang stayed on the old one. I don't know of any ICO that's used ETC blockchain though, this is new. What's an example, do you know any?

[bcdf]

simple reason: because miners mine it.

[SABRINA-ANTO]

i think the most logical reasons is about profit, as long that coin still in the big market, there will always buyer of etc. I think the trader one is the most active buyer in here, i know the coin is doesn't have charm like eth, but if the volume still strong enough, there will always buyer and holder

I agree with your thoughts. As long as there is a sell and buy then it will remain profitable what else the coin is still in the big market. it may now be low again but we do not know pasa, it could suddenly soar coinnya price then there are some people still keep their coins to wait keuntunggan many-fold.

[Quadast]

i think the most logical reasons is about profit, as long that coin still in the big market, there will always buyer of etc. I think the trader one is the most active buyer in here, i know the coin is doesn't have charm like eth, but if the volume still strong enough, there will always buyer and holder

I agree with your thoughts. As long as there is a sell and buy then it will remain profitable what else the coin is still in the big market. it may now be low again but we do not know pasa, it could suddenly soar coinnya price then there are some people still keep their coins to wait keuntunggan many-fold.

I also often hear that this coin can take off. But I do not like this monet and I do not see the potential in it. It seems to me that she already dies.
But there will always be those who will buy it to make money on fluctuations

[bamboylee]

Because there are still people who believe in the fundamentals of etc and that they still believe it is better than ETH. If they keep on pushing, it may even take off someday.

[MattHoo]

ETC is a coin from Ethereum split and it is considered as ETH's brother, what is important the price of ETC is low, people buy ETH as an investment. or Gambling tokens?