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Author Topic: ETC is it worth buy now on an unexpected value ?  (Read 382 times)
TheUltraElite
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May 10, 2021, 06:40:32 AM
 #21

We have seen that recently ETC made big progress in its value as it just booms from 40 USDT to 130+ USDT.
There is a wide difference between  the terms "progress' and "price pump".

Quote
But now is it worth it to be invested in ETC.
No, retrospectively this would be the time to sell ETC if you already owned it. Like those who got ETC as a result of the hardfork of original ETH, they should sell now and cash it out to buy something else.

Quote
Progres of ETC were unexpected and with the heavy pump in the ETH we can clearly see that ETC is also making good progress towards top coins.
What progress happened bro? Zero development and zero progress. ETC was created out of pure spite against the hardfork by some red-pilled bagholders. What you need to do rather is wait till ETH drops and then buy it, if you are so interested in Ethereum or buy bitcoin when it drops.

The earlier people understand this the better. I have seen the reality of what these hard forks do, they are for the betterment and not for some unilateral profitmaking. But people have to take things into negatives and think that everything is a conspiracy because they hurt their heads.

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May 10, 2021, 07:11:16 AM
 #22

We have seen that recently ETC made big progress in its value as it just booms from 40 USDT to 130+ USDT. But now is it worth it to be invested in ETC.
Progres of ETC were unexpected and with the heavy pump in the ETH we can clearly see that ETC is also making good progress towards top coins.
But can ETC reach 500? if ETH get on 8000+.   
maybe for ETC it will easily experience a significant increase, but we can see what the future use of ETC will be. because what we know now is that ETH is just a token, not a platform like ETH or BSC so it will be easy to pump it up next time

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May 10, 2021, 07:24:23 AM
 #23

But now is it worth it to be invested in ETC.
The increase in the price of ETC was only because the number of tokens on the ETH Chain was got pumped, not because ETC had good development.
I don't think that now is the right time to invest in ETC because when the bull trend is over the price will fall deeply and suffer losses, more worth invest in ETH or BNB.

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May 10, 2021, 08:32:50 AM
 #24

Maybe yes maybe not, as long as investors start investing in ETC in large amounts the price will definitely get even higher, for you to know ETC and ETH are much different, ETH is tied to various platform contracts for transactions on the ETH network so the price is very expensive at this time, while ETC not like that.

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May 10, 2021, 03:19:59 PM
 #25

I guess so. But it will not come in shortly because many high prices need to break and need time. I see ETC have a chance to increase and reach $500 sooner or later and I see that the support for ETC become bigger than the last year. But we do not know how long ETC can reach that price because there are no estimated time for that.

What are toy talking about? "because there are no estimated time for that"?

"I see ETC have a chance to increase and reach $500 sooner or later and I see that the support for ETC become bigger"
What makes you think so? ETC is dead. Its eth fork but without use cases, without developement, without good projects build on it. Without anything. Just forked ETH. And it should be worth 80% of ETH with thousands projects build on, with millions transactions daily, with huge dexes, infrastructure.

Anyone who buys ETC ... its not a matter of time when it will start to grow. Its a matter of time when it will dump to close to 0 levels. You can trade a waves, but be ready for massive dump that will never recover.
Yes, there is no estimated time for that because we do not know when it will happen.

Really ETC is dead? We will see it later.

According to this article :

https://capital.com/ethereum-vs-ethereum-classic#:~:text=Ethereum%20Classic%20(ETC)%20is%20the,networks%20were%20essentially%20the%20same.

Quote
Ethereum Classic (ETC) is the original Ethereum blockchain. ETH and ETC share the same blockchain record before the July 2016 hard fork.

And this :

https://coincentral.com/ethereum-classic-vs-ethereum/

Maybe you are right, but we do not know what will happen in the future because everything can happen in cryptocurrency.

I only see a chance for making money or profit from all coins, including ETC, so if that coin can give me money, I will still use it.



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Tytanowy Janusz
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May 10, 2021, 03:32:57 PM
Last edit: May 10, 2021, 03:50:14 PM by Tytanowy Janusz
 #26

Really ETC is dead? We will see it later.

According to this article :
Quote
Ethereum Classic (ETC) is the original Ethereum blockchain. ETH and ETC share the same blockchain record before the July 2016 hard fork.

I only see a chance for making money or profit from all coins, including ETC, so if that coin can give me money, I will still use it.

Thats exacly what I said:

" Its eth fork but without use cases, without developement, without good projects build on it."

So this is the same code that ETH had few years ago. Copy - paste. That makes this project be worth $13B? 13 Billion $ ... for copy-paste? 62 000 times Lamborghini Huracan Evo... for copy-paste that no one is using? ETH has huge community, thousands of projects, dozens of use cases, huge volume, millions of transactions daily, huge infrastructure, devs ... ETC has similar code... and no one is using it. Code has 0 value in crypto. Everything is open source. You can cope and paste every project and create your own with different name (fork it). It is going to 0. Sooner or later. So you have 2 options. Trade on valuable coins that has value, community that will buy the dip or trade dead projects (play hot potato game, Greater fool game). Projects that are irrevocably going to 0 but maybe ... before reaching 0 ... will reach 500$, or not...
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May 10, 2021, 04:17:53 PM
 #27

Really ETC is dead? We will see it later.

According to this article :
Quote
Ethereum Classic (ETC) is the original Ethereum blockchain. ETH and ETC share the same blockchain record before the July 2016 hard fork.

I only see a chance for making money or profit from all coins, including ETC, so if that coin can give me money, I will still use it.

Thats exacly what I said:

" Its eth fork but without use cases, without developement, without good projects build on it."

So this is the same code that ETH had few years ago. Copy - paste. That makes this project be worth $13B? 13 Billion $ ... for copy-paste? 62 000 times Lamborghini Huracan Evo... for copy-paste that no one is using? ETH has huge community, thousands of projects, dozens of use cases, huge volume, millions of transactions daily, huge infrastructure, devs ... ETC has similar code... and no one is using it. Code has 0 value in crypto. Everything is open source. You can cope and paste every project and create your own with different name (fork it). It is going to 0. Sooner or later. So you have 2 options. Trade on valuable coins that has value, community that will buy the dip or trade dead projects (play hot potato game, Greater fool game). Projects that are irrevocably going to 0 but maybe ... before reaching 0 ... will reach 500$, or not...


Your argument is absolutely correct. We are seeing madness happen in this bull run. The old shitcoins are over-pumped. The value of ETC may be being manipulated. Many have argued that miners are moving from ETH to ETC and increasing the value of the project. This is true, but it will no longer be true since the real value of development and application in a monetary system is not much. This is basically an unreliable project for investment. The price increase of ETC right now is similar to DOGE right now. We should not follow trends and invest in a project of no clear value like ETC.

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May 10, 2021, 04:26:12 PM
 #28

Your argument is absolutely correct. We are seeing madness happen in this bull run. The old shitcoins are over-pumped. The value of ETC may be being manipulated. Many have argued that miners are moving from ETH to ETC and increasing the value of the project. This is true, but it will no longer be true since the real value of development and application in a monetary system is not much. This is basically an unreliable project for investment. The price increase of ETC right now is similar to DOGE right now. We should not follow trends and invest in a project of no clear value like ETC.


Agreed. One more thing to add. Miners are moving to ETC not because of tech, not because they think ETC is better. Its because ETC price pumped 10x in 3 months so its more profitable in short term to mine ETC. ETC and ETH miners use same algo, same hardware so its like 5 min of work to double/triple earnings. It will end as soon as ETC price will start to go down.
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May 10, 2021, 04:47:40 PM
 #29

Maybe yes maybe not, as long as investors start investing in ETC in large amounts the price will definitely get even higher, for you to know ETC and ETH are much different, ETH is tied to various platform contracts for transactions on the ETH network so the price is very expensive at this time, while ETC not like that.

Don't compare ETC with ETH. Ethereum has proved that it is a valuable coin while same can't be said about ETC. Both ETC and ETH are quite high at the moment but still i am ok to invest Ethereum in the current prices because i know the worth of Ethereum is much more than 4000$ but same can't be said about ETC. Its risky to invest in ETC at the present.
Although ETC is considered a small emulator version of ethereum but this legacy heir to the original is relatively unimpressive, years after its release, ETC's shadow has yet to make a big splash in the market. The recent image is a big surprise for us but perhaps partly related to the bull market, partly due to the accumulation and partly on the reputation of ethereum, overall, ETC still does not contain the important factor for them to continue investing

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May 10, 2021, 05:02:30 PM
 #30

We have seen that recently ETC made big progress in its value as it just booms from 40 USDT to 130+ USDT. But now is it worth it to be invested in ETC.
Progres of ETC were unexpected and with the heavy pump in the ETH we can clearly see that ETC is also making good progress towards top coins.
But can ETC reach 500? if ETH get on 8000+.   

If Ethereum is $8k of course Ethereum is up 100% from its current price. Then the ETC will reach $300 from the price of $140. So I estimate that if market conditions continue to improve, ETC will only increase by $300. However if the market dumps, the ETC will be up to $200.
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May 10, 2021, 08:09:23 PM
 #31

I believe ETC does not worth buying or invest in it because ever since the project experienced a 51% attack a lot of crypto investors and communities choose not to support it. However, I can say the team involved in managing the project are the cause of everything because the project development in the crypto sphere is zero and if things like these are happening only a naive investor will choose to invest in that type of coin.

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May 10, 2021, 09:55:24 PM
Last edit: May 11, 2021, 04:09:24 AM by totaleclipseofthebank
 #32

Investing in ETC is not a goof ides because it has already climbed from less than 10$ to more than  $130, if you want to invest, try to find a smaller coin for the potential to earn more. Moreover, investing in ETC is not safe at all. Therefore, I would rather pick ethereum for a long run. There is no actual technical analysis within this coin

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May 10, 2021, 09:59:43 PM
 #33

In my opinion, ETC is worth buying now because it has increased quite significantly in the last few days. Many experts predict that the price of ETC will continue to grow rapidly in the crypto market. Thus ETC is the choice of an alternative coin to Ethereum whose price is very high at this time.
l think also that ETH is worth buying now, if you see the price of ETH, it is increasing day by day and we can make great profit from ETH. Overall top altcoins including ETH are the best choices for long term investing. l preffer still holding my ETH till right day and it is not today.

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May 10, 2021, 10:09:10 PM
 #34

I saw a discussion where I found the opinion that with a long-term investment in this coin, it is better to buy some old video cards and start mining.
Fundamentally, the price is very high, and one of the reasons is the name of the coin Smiley
I would definitely not buy this coin for more than $ 100.

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helevela
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May 10, 2021, 10:42:08 PM
 #35

One of the most upsetting and regretful coins in this market is ETC. Until 2 years ago, I could buy ETC for $ 5. I even took advantage of ETC's low transfer fees and low commissions. but I wish I could hold etc. I would have the chance to win very good money right now. I never thought you could get this high. but it wasn't working back then. I wanted to spend money, not hold. That's why I made such mistakes. learning from these I try not to make the same mistakes.
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May 10, 2021, 11:39:25 PM
 #36

Investing in ETC is not a goof ides because it has already climbed from less than 10$ to more than  $130, if you want to invest,
ETC is starting to go down again. Investing in the crypto that already pumped so hard was the worst decision that can be made by anyone. There should not be a reason to invest in this coin.
There are bunch of good coins in the market right now. People have no clue if they keep investing in this coin.
The price can be dumped anytime when the bitcoin turns into the bearish mode. Anyone should be careful.

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May 11, 2021, 04:02:46 AM
 #37

We have seen that recently ETC made big progress in its value as it just booms from 40 USDT to 130+ USDT. But now is it worth it to be invested in ETC.
Progres of ETC were unexpected and with the heavy pump in the ETH we can clearly see that ETC is also making good progress towards top coins.
But can ETC reach 500? if ETH get on 8000+.   
Accumulate ETC as much as you can when its cheap only if you are long term investor because the ethereum is switching from PoW to PoS means all the miners which are mining ethereum now will move to other altcoins and ETC will be having highest priority for the miners that is why it is a coin to invest.
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May 11, 2021, 06:45:59 AM
 #38

Now is not the best decision to invest in ETC because of the price movement without us expecting to happen and we have to wait until when to survive at the current highest price, if the price continues to increase then it is suitable for us to invest Some of our assets, moreover ETC has long competed in the crypto world and now is the right time to compete at the top of the rankings.

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bayudndy
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May 11, 2021, 07:10:48 AM
 #39

We have seen that recently ETC made big progress in its value as it just booms from 40 USDT to 130+ USDT. But now is it worth it to be invested in ETC.
Progres of ETC were unexpected and with the heavy pump in the ETH we can clearly see that ETC is also making good progress towards top coins.
But can ETC reach 500? if ETH get on 8000+.   
You do think you're too greedy, I think OP needs to learn how to invest itself, don't let emotions in this market affect you, if you can keep spending money on it and take risks, the firm continues to think about investing in it.
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May 11, 2021, 08:07:12 AM
 #40

We can not say ETC will touch 500$ value or not but if we see the recent bull run of ETC it abacks most of the traders or holders. Currently, ETC making some corrections even I say it's a good time to get some ETC and can hold for some time to get a good profit.

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