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Author Topic: ETC fork speculation.  (Read 317 times)
hotforblockchain (OP)
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August 23, 2019, 11:43:41 AM
 #1

ETC has been recently going up in value because.
There is an upcoming fork of ETC which is planned to take place at sept 17th.
Quote
" ethereum classic is enjoying a spectacular spike ahead of its scheduled September 17 hard fork. And the ethereum price (ETH) is rising too."
https://www.ccn.com/ethereum-fork-bitcoin-price/

It seems that price started the hype well before the fork, we have several weeks to go. What do you think, is this fork such a big deal and how high the price will go up ?

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August 23, 2019, 01:16:28 PM
 #2

For me, this is news about Fort ETC. What is the essence of this fork?
Growth a few weeks before a fork is a common occurrence. As soon as there is a lot of news about this event, it is too late to buy. Those who bought much earlier and want to make a profit will use the liquidity of new buyers who came in the news. Usual market history.

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August 23, 2019, 01:32:43 PM
 #3

The announcement of Ethereum hard fork relased more than two months ago and till now we have not seen any big effect on the price. Price of Ethereum Classic has changed same as other altcoins.
Any way, Atlantis hard fork which you are talking about will likely cause the Ethereum Classic's price to rise a bit in coming days. According to my experience with the past forks of different coins, the price rise usually continues till a few days before the fork. But after that we will face a price dump. However it is also dependent on the overall market condition.
So, if the market is stable, I expect a little price rise and then a dump.
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August 23, 2019, 01:38:07 PM
 #4

As usual for a fork, it will begin to lead to expectation and investors will start gathering. So this fork is not being different which is what we are observing already. After the fork in September, I don't expect anything that will be extra ordinary because the market is still led by bitcoin.
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August 23, 2019, 10:09:16 PM
 #5

Fork nowadays aren't really a thing anymore. Investors are still in but I don't see any significance about the event.
I don't expect anything that will be extra ordinary because the market is still led by bitcoin.
Right, nothing has to be expected anymore.

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August 23, 2019, 10:57:06 PM
 #6

In the past month, ETC prices have risen from $ 6 to $ 7. it looks like the price is still quite far considering ETC has Suply nearly 13 million

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August 23, 2019, 11:05:49 PM
 #7

ETC has been recently going up in value because.
There is an upcoming fork of ETC which is planned to take place at sept 17th.
Quote
" ethereum classic is enjoying a spectacular spike ahead of its scheduled September 17 hard fork. And the ethereum price (ETH) is rising too."
https://www.ccn.com/ethereum-fork-bitcoin-price/

It seems that price started the hype well before the fork, we have several weeks to go. What do you think, is this fork such a big deal and how high the price will go up ?




Thank for the information, I almost foget the ETC all about their popularity is almost dead during the bear market, now it is exciting to heard about the new fork for the correction of etc for possible grow up again their  price in the coin market and it possible to help for ethereum to bring their price increase.
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August 24, 2019, 07:02:15 AM
 #8

Personally I am not a fan of Ethereum Classic for I don't really think that it's existence really matters and with another fork of it, don't get me hooked to ever use it.

With the positive price action of ETC because of this "Fork" NEWS, it's good,  but generally I don't think this would get bigger. My speculation is maximum of +25% from the current price upon posting.
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August 24, 2019, 08:14:08 AM
 #9

Be careful because ETC will become another PnD coin before the fork.

For me the next fork of ETC will give just a temporary effect to the price of ETC and look at how already happened with the old ETC fork like https://coinmarketcap.com/currencies/callisto-network/
 It has already abandoned and and ended as a garbage coin.
I have expected the same thing will happen with the next fork.

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August 24, 2019, 08:59:06 AM
 #10

The peak price is around $28, and if there's no progress with ETC then we can't expect a new high. The fork can't make the price up that much, we should see a more convincing improvements that can give the investors more assurance. ETC is a good coin before but it drops suddenly along with the altcoins, I wish that it can survive but the fork doesn't give a go signal to buy for me.
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August 24, 2019, 09:46:58 AM
 #11

I wonder how much the price will increase before and after the fork. If I check on the market, the price seems to start to increase, and I hope that it will still increase and hit the highest price before the fork happen. I hope that this time, the price can increase by more than $10 so I can recover my losses from ETC. Many people want to see ETC can hit the highest rate again like before, and I think they still buying ETC in a huge amount because they don't want to miss the chance to make a profit from ETC.

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August 24, 2019, 10:43:07 AM
 #12

won't go up long then go down again, it's hard for altcoin to go up now because i think bitcoin is still in a sideway state.
I think if you have bought ETC sell it now.
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August 24, 2019, 12:34:18 PM
 #13

It seems that price started the hype well before the fork, we have several weeks to go. What do you think, is this fork such a big deal and how high the price will go up ?

I was looking at the price previous days ago when all the coins are in a slump and find it surprising to see ETC enjoying a + despite all coins bleeding. So I checked and found out that there is indeed a fork scheduled. So I'm not surprised by the sudden spike, everything here is about news and this news is the selling point.

Why not? we take the ride before the actual fork date and make money right? But just be cautious though, I mean we all know that everything here can be manipulated, so don't be greedy. If you think you have made a good money, exit and don't let the market price fool you in the end.
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August 24, 2019, 02:40:23 PM
 #14

I think ETC, even though there is FORK, will never be able to give a good surprise because I see this ETC platform is very weak and there are no developments that can attract investors. must be careful if you want to buy or participate in the ETC fork.

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August 24, 2019, 09:41:19 PM
 #15

Fork nowadays aren't really a thing anymore. Investors are still in but I don't see any significance about the event.
I don't expect anything that will be extra ordinary because the market is still led by bitcoin.
Right, nothing has to be expected anymore.
Gone are the days where fork news is important for certain price increase movement but as years goes by these upgrade or even news doesnt
already give out some impact towards a certain coin price.Its just like a typical news where people already get done on believing that there would be an effect later on.
We have seen it on LTC and this do proves out that not all fork events does affect its price.

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August 25, 2019, 04:29:49 PM
 #16

Another blind coin trying to give birth to a deaf and dumb, the fork will actually be useless, because even the main ETC has been nothing but disappointment, and I had even forgotten about this coin, if now that you are just reminding me of my investment in the coin.

This coin needs to develop fully force and the team focus on making the coin great before we can talk of fork for it, now the fork coin that would be coming out of it, what is it going to be for? And what will be its real use case, I bet that the same function of etc. is what this one will claim to come and make better and I don’t know if people will ever accept it, I really don’t see much volume for it and I would advise that you don’t waste any more of your time on this coin.

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August 26, 2019, 12:35:00 PM
 #17

I see that Ethereum Classic and Bitcoin SV has something similar - both want to follow the original idea, but why they are currently on the descent? Maybe coins need to improve in a time and not blindly follow some ideas?

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August 26, 2019, 04:32:48 PM
 #18

There is an upcoming fork of ETC which is planned to take place at sept 17th.
Quote
" ethereum classic is enjoying a spectacular spike ahead of its scheduled September 17 hard fork. And the ethereum price (ETH) is rising too."
https://www.ccn.com/ethereum-fork-bitcoin-price/

You can call that a protocol upgrade. Monero have such protocol upgrades every half year. He make them with help of hardforks.
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August 26, 2019, 04:59:12 PM
 #19

As you said ETC is raising because of the fork, but are there any details about this fork? Would it be a new coin, or just blockchain update as it was with ETH. Besides, you mentioned that ETH price is going up as well, and this is not true at all. ETH is still below 200 bucks and it seems like a miracle should happen for ETH to be at 1k again.
There's no such thing as miracle in this industry all happen with reasons it could either a pump or dump scheme, adoption of individuals towards crypto and etc. ETH may back that value again in the future it could take longer or not but miracles will not be present for that to happen.
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August 26, 2019, 05:40:33 PM
 #20

I see that Ethereum Classic and Bitcoin SV has something similar - both want to follow the original idea, but why they are currently on the descent? Maybe coins need to improve in a time and not blindly follow some ideas?
What kind of decent are you talking about?
someone paid $4650 for Beijing today and $888 for Cairo, two days ago Seoul sold for $2999
https://cityonchain.com/

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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