gribble
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September 03, 2017, 06:54:35 AM |
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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 ?
You know there are so many group of traders that are planning to pumped the etc. and etc has so many similarities in eth thats why people love it to trade. Yes many groups of traders who want do pump ethereum classic, although i don't know when is it happen and the other reason many people who buy ethereum classic ETC related with ETC's price, it is more stable than ethereum's price ETH, so ethereum classic is good for stores the value when ethereum's price goes down.
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K-
Member
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Activity: 98
Merit: 10
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September 03, 2017, 08:09:47 AM |
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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 ?
I did this question with some friends many times. I did not get a good answer for this. Probably it is just speculation cause, as the other people said, there is not an active community/devs.
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giletto
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September 03, 2017, 09:01:39 AM |
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In my opinion, ethereum classic is a strong currency and it can be the same as ethereum. In aspects, it is not different from ethereum but I do not know why people only focus on ethereum. Soon, when ethereum successfully activate the proof-of-stake, miners will no longer can mine ethereum. They will move to ETC to mine
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JohnDoe3490
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September 03, 2017, 09:25:04 AM |
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In my opinion, ethereum classic is a strong currency and it can be the same as ethereum. In aspects, it is not different from ethereum but I do not know why people only focus on ethereum. Soon, when ethereum successfully activate the proof-of-stake, miners will no longer can mine ethereum. They will move to ETC to mine I mean they can but will it be profitable?
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suryati
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September 03, 2017, 09:54:48 AM |
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I think some people think the etherum clasic is a fraction of etherum so potentially as good as etherum, and i see the price is still cheap so this coin is easy to own and some people use this coin to get profit in the short term.
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Faroxx
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September 03, 2017, 10:02:01 AM Last edit: September 03, 2017, 10:35:22 AM by Faroxx |
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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 ?
People still hope that the price will move the price of the ETN. Naive I think this is a dead project since ico on it is disproportionately little compared to the eth, but this is the main feature of the ether.
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Nathland
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September 03, 2017, 12:06:49 PM |
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If a coin should be bought or not is decided by the quality of developement team and the technical aspect of coon. ETC has got a very good technical prospect and an amazing develop enemy team with Barry as lead developer.
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SIHIN
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September 03, 2017, 01:26:28 PM |
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ETC fractions from ETH so people think this coin is potentially good including my own buy etc. Why? because in the short term I can reap the benefits in the cause of the price up and down so that's why so many enthusiasts etc now. right now a lot of potentially good new coins including what I now support.
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wellsontheja (OP)
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September 03, 2017, 01:41:47 PM |
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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 ?
People still hope that the price will move the price of the ETN. Naive I think this is a dead project since ico on it is disproportionately little compared to the eth, but this is the main feature of the ether. Same as i think i always thinking this is a dead project and the price is bad for ethereum split. But it's not mean this project can't succes one day but if that happen it will not happen any time soon and the possibility remains small though not 0.
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magmar
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September 03, 2017, 02:08:30 PM |
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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 ?
Maybe because of the price of it being too low, and knowing that it came from the ethereum which is a successful altcoins, they are hoping for a bigger come back of their money. Because maybe for now the value of it will fall but as time goes by, the value may pump and start growing a little bit higher just like eth. With a small amount of coins and starting to pump, it will be alot of komey waiting for your wallets. Just need a lot of patience for that to happen.
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TooDumbForBitcoin
Legendary
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Activity: 1638
Merit: 1001
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September 03, 2017, 06:18:20 PM |
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For the same reasons as for forked ethereum. Partly short term speculative interests, partly with hope on the technology. But looks like classic will stay on POW algo. Not seem very promising to me.
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mastadonballs
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September 03, 2017, 06:26:50 PM |
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I think some people think the etherum clasic is a fraction of etherum so potentially as good as etherum, and i see the price is still cheap so this coin is easy to own and some people use this coin to get profit in the short term. Actually there are many people think in someday, after Ethereum cannot continue mining, hot trend of altcoin GPU mining will be Ethereum Classic - an altcoin fork from old chain Ethereum. But, I think this thought maybe wrong, just is my personal opinion.
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Youghoor
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September 03, 2017, 06:40:50 PM |
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Yeah i dont find a logical reason for that, i dont understand why people keeps buying this useless coin. Lets be serious, why do you hold it? there are no reasons for that. This is an useless coin that only has an "Ethereum" in his name, otherwise, this would be more useless than now. But i think that most people dont care about that, so this coin is now tagged as an "speculation coin" because everybody wants it to become the next ethereum, but honestly, i dont think that is gonna happen.
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Nathland
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September 08, 2017, 04:15:50 PM |
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People buy ETC simply because it is still available at a lower price and you can expect a lot from it.
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mlhd90
Newbie
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Activity: 33
Merit: 0
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September 08, 2017, 04:25:41 PM |
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I buy ETC and hoarding as people, because I think my potential and future ETC would be the same as the ETH in the future. I also earn profit from it because the price ETC cheap and easy to trade.
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25hashcoin
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September 08, 2017, 05:18:22 PM |
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Used to like ETC but recently sold all mine because Bitcoin Cash is turing complete and will do the smart contracts thing 10x more efficiently than ETH/ETC.
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Bitcoin - Peer to Peer Electronic CASH
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HyunBin
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SURVIVE | P2E
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September 08, 2017, 10:05:36 PM |
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Some people say buying ETC is one of the risky thing that they do . But because they see and think that ETC will be promising and have a potential to the future that will give them a good profit.
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AUruHM
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September 10, 2017, 11:03:07 AM |
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Some people say buying ETC is one of the risky thing that they do . But because they see and think that ETC will be promising and have a potential to the future that will give them a good profit.
That possible because developers of ETC another than ETH. And it's great. That's why ETC have great potential to become more expensive and in demand for any purposes
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Nahl
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Merit: 1000
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September 10, 2017, 12:02:10 PM |
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this questions only can be answered by the person who bought ETC itself because i even never buy this coin even for 1 ETC because for me ETH looks profitable rather than this coin but if may i to guessed the cause is for long term holders and maybe someday this coin wil be pumped
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suryana
Sr. Member
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Merit: 254
Trphy.io
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September 10, 2017, 12:28:29 PM |
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I bought some ETC and left it on wallet, i didnt use it at all. with expectations this year, it will grow again towards 0.007 like some time ago. So, give profit is more than 60% and for me it's a good profit.
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