i agree that it could be 3-4weeks of dumping ahead...then if hashrate survives etc can stay around.
once dust settles, i think etc will be here to stay....but not equal to eth.
i think it could be like ltc to btc....it will be worth a bit but a fraction of eth...
there will always be people willing to pay around 1$
if eth breaks out and starts going near the $50...etc could follow with $5,7 and upto $10, people will treat it as a way to get into ethereum when they miss the eth pumps, also with so many newbies all the time they buy etc thinking its eth lol
if ltc is worth $150mill...then so will etc be, making it average price of around $2 with coincap of $170mill-$200mill.
im also aware of 2014 auroracoin and 2015 paycoin...lol etc 2016 and a new coin for 2017 is possible
Agreed, well said. Read this article on TheMerkle yesterday?
http://themerkle.com/white-hat-hackers-caught-red-handed-during-attempted-etc-sell-off/Made me laugh, nothing new though. But as you can see, these White Hat Freaks can't be trusted. They're obviously onto something, whether it's massive dumping or going all-in on Ethereum. Definitely something is going on, time will tell.
Haha, I think a lot of dust has to settle before ETH will break out. First the DAO made things harder for ETH, now there's ETC annoying ETH, what will be next? Hehe. ;p A word of advise: Keep your eyes on DASH, Evolution hasn't even been released yet.. Still one of the most stable coins out there, a matter of time before it will really breakout. Also, a sleeper coin to watch: SpreadCoin (SPR)
Cheers,
yea this white hat stuff is messed up...if they do give back the etc...ill be gettin a decent amount for my dao holdings...if not , im not to fussed as i got double eth to etc already from fork.
eth could easy go $50 once the lightning network shows its working..must read article if you havent already,
http://www.nasdaq.com/article/lightning-fast-raiden-network-coming-to-ethereum-blockchains-cm664860"According to the Raiden website , the new technology permits leveraging off-chain state networks to extend Ethereum with scalability to more than 1,000,000 transfers per second, near-instant transactions with very low fees, confidentiality, interoperability with other Ethereum applications and support for micropayments."
so apart from having the capabilty of 100k+txps...the bigger draw for big crypto coin movers will be the low fees....i always end up paying alot in fees just moving my coins about a bit....
i remember the first time..i had 10btc i got for under $60...they went to $1k each giving me $10k, but when i changed to ltc a few times and then withdrew i lost a gd amount of $$, then i realised all about the fees, they really have an effect on big coin movers.
as for dash....and mr spread...lol
i come in peace,lol as always bros,lol...,was thinkin dash a bit into dash...wot did i miss lol did evan do a dao too lol wheres the liquidity on polo? how long it been so dried 4? no spreaaaaad ...o and wheres mr spread,lol
i bought a gd amount around 0.011 and sold them yesterday at 0.0218...theres not enough volume and everyone knows about the big whale otoh lol if i try to put up any wall on dash it just gets fkd about with and puts me under stress, so i bought low buys slowly and exited the same way..sold small amounts slowly over the day.