ETC to $100 soon?

[Uzairjutt275]

I've read somewhere that ETC's hashrate increased by a large margin after the much-awaited "Merge" on the ETH blockchain. It seems that most miners are moving to ETC instead of the newly-created ETHW fork. The original chain (ETC) has been around the scene for a couple of years now, but the recent migration of miners might encourage developers to build new dApps and tokens on it. If adoption grows like crazy, we might never see ETC in the "double digits". The market is bearish right now, so ETC is having a hard time getting past $40. But in crypto land, anything's possible.

If ETC adoption booms, do you think it's possible prices will go all the way to $100? After all, ETC is much scarcer than ETH (only 210m ETC will exist). Your input will be greatly appreciated. Thank you.

Of course Ethereum Classic go to $100 very shortly. Recently, Ethereum merged successfully it's merging also impact the ETC and also Market condition is not good bitcoin price is also too down. But ETC will grow and touch $100 soon and it also has a potential grow up to $200 dollars

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[Scripture]

Not only ETC miners also shift most of their mining power to Ravencoin, ERG, Dogecoin. Right now it is hard to predict this merge will become a blessed one for ETH or something bad is coming. The way i think about eth right now is POS makes it more centralized. Now node owner will increase the price to prevent more people from joining the network. Also the hardfork token of ETH also lose its interest so people do not have any option here either.

ETH team knows the consequences and yet they push it through because they believe in something and for sure, this can still benefit the ETH platform itself. ETC is also good though but it can’t rise for now because we are still in a bear market, $100 is not that big since ETH did a peak last year so it’s still possible for this. If you see some big changes for ETC, then that could be your signal to buy again, the price is still below $30, good price to buy. 

[Abiky]

ETC was unlike ethereum which have been massively used by people to build their platforms. ETC is not even worthy to be considered as investment. The miners are only using POW coins as a way to get cash. These POW mechanism was a garbage thing when it comes to the coin without limited supply. ETC has no total supply and it will become only a money grabber for the miners. Only people who wanna risking their money try to buy ETC in this case.
The thing that makes ETHPOW dumped so hard is if people didn't even need it caused by it has no utility same as ETC

ETC can only be considered as a speculative investment, simply because it lacks real use cases for the world. But that might change soon, as ETH's PoS upgrade (The Merge) could shift some developers' attention to the PoW chain. Those who want full decentralization and censorship-resistance would simply choose ETC as their blockchain of choice. The rest will "stick" with ETH because of its unparalleled performance and cost-efficiency. I'd say ETC will only reach $100 if there's massive demand for it. Otherwise, it won't be going anywhere soon. Higher gains could be achieved faster if BTC turns bullish.

No matter what happens, I don't think ETC will disappear because it has decentralization in mind. It's the original ETH chain after all. The coin is trading between $35 - $40, so it wouldn't hurt buying at least one coin just in case it "explodes" sometime in the future. Who knows if ETC is bound to become bigger and stronger than ever? Just my thoughts

[FinneysTrueVision]

The price has already started going down and as long as we remain in a bear market ETC won’t reach $100. It received some attention recently because of the merge. Some ETH miners moved to ETC and some others sold their GPUs. The hashrate has reached it’s peak and it will be difficult to get new miners from now on. It is more likely that we see the price decline as they struggle to attract new hashrate.

[DudeAtWork420]

Not only ETC miners also shift most of their mining power to Ravencoin, ERG, Dogecoin. Right now it is hard to predict this merge will become a blessed one for ETH or something bad is coming. The way i think about eth right now is POS makes it more centralized. Now node owner will increase the price to prevent more people from joining the network. Also the hardfork token of ETH also lose its interest so people do not have any option here either.

ETH team knows the consequences and yet they push it through because they believe in something and for sure, this can still benefit the ETH platform itself. ETC is also good though but it can’t rise for now because we are still in a bear market, $100 is not that big since ETH did a peak last year so it’s still possible for this. If you see some big changes for ETC, then that could be your signal to buy again, the price is still below $30, good price to buy. 

Though i do not like ETC that much but i would like to do some speculation about its price. I think we will have a chance to buy etc at 20$ even it can go further down before rallying up. Miners will also force developer to build dapps in ETC so that its demands increases in the market.

I am more interested about Revencoin than ETC because of its community support. I can see why most of the ETH hash rate shifted towards Ravencoin. Ergo also got miners interest so it will be wise to keep an eye on those two project in the long run.

[Smitty Werben Man Jensen]

The price has already started going down and as long as we remain in a bear market ETC won’t reach $100. It received some attention recently because of the merge. Some ETH miners moved to ETC and some others sold their GPUs. The hashrate has reached it’s peak and it will be difficult to get new miners from now on. It is more likely that we see the price decline as they struggle to attract new hashrate.

ETC benefited a lot from the merger, a lot of miners don't want to shut down their miners and lose their jobs, ETC would be a better choice for them in this case. Of course, we are in a bear market so can't expect ETC price to go up, even ETH dropped 25% after the merger. But I believe that ETC has a future and the possibility of reaching $100 is not too difficult given its limited supply.

Of course, you will get a lot of benefits when merging and that happens to ETC,
I think we should be aware that in bearish conditions almost all coins experience a decline,
What is clear is that time will tell whether ETC has a bright future or not

[goaldigger]

The price has already started going down and as long as we remain in a bear market ETC won’t reach $100. It received some attention recently because of the merge. Some ETH miners moved to ETC and some others sold their GPUs. The hashrate has reached it’s peak and it will be difficult to get new miners from now on. It is more likely that we see the price decline as they struggle to attract new hashrate.

ETC can’t rise that much without the miners, and with the current update for ETH i guess ETC will be on a big trouble here. There’s still a chance though if we saw good update from them as well but since we are still in bear market, I expect for the price to go deeper and we might see the real bottom for ETC as the market continues to drop. If you want to take risk and still believe for a new peak for ETC, buy now while the price is still down I believe ETC can still survive this bear market.

[ningrum]

when viewed from the ETC chart it looks very bullish,
especially with the Ethereum Merge and changing PoW to PoS of course Ethereum Classic will have a good impact,
because many miners will also switch to other coins, one of which is ETC, for $100 I'm sure it can be realized,
as long as Bitcoin is also able to break through $50k first.

[newdevices]

I think the hype from ETC is over, even though before and before the Ethereum Classic Ethereum Merge there was a lot of talk,
and made the ETC price fly over 400%, of course it's very good for holders who have bought at a lower price,
but for now if you think ETC will going to $100 I don't think it will happen, because the hype is over and the Ethereum merge is done

[eaLiTy]

I've read somewhere that ETC's hashrate increased by a large margin after the much-awaited "Merge" on the ETH blockchain. It seems that most miners are moving to ETC instead of the newly-created ETHW fork. The original chain (ETC) has been around the scene for a couple of years now, but the recent migration of miners might encourage developers to build new dApps and tokens on it. If adoption grows like crazy, we might never see ETC in the "double digits". The market is bearish right now, so ETC is having a hard time getting past $40. But in crypto land, anything's possible.

If there are new projects being built on ETC then we would see a rally in price, but once we see more projects being built on the network how they will mitigate the scaling issues it could encounter.

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The miners are only using POW coins as a way to get cash. These POW mechanism was a garbage thing when it comes to the coin without limited supply. ETC has no total supply and it will become only a money grabber for the miners. Only people who wanna risking their money try to buy ETC in this case.

Staking in POS is a holy cow to get some heavenly blessing and POW miners are just using for the money grab . POS is centralized and not trustable, anyone can sell their stakes anytime and that is not the case with miners as they invest heavily in miners and they do not run away with the coins once they discard the hardware .

[yohananaomi]

I think the hype from ETC is over, even though before and before the Ethereum Classic Ethereum Merge there was a lot of talk,
and made the ETC price fly over 400%, of course it's very good for holders who have bought at a lower price,
but for now if you think ETC will going to $100 I don't think it will happen, because the hype is over and the Ethereum merge is done

what you predict may be true that the ETC hype has ended, but if you read predictions from analysts that ETC after the halving has passed will be able to return to renewable ATH, where their last ATH was at the price of $ 176 made last year, in fact the increase was made long before bitcoin reached its ATH.
ETC isn't going to make it to $100 anytime soon and probably won't be next year either but when the halving occurs it's likely that will change.

[Abiky]

Though i do not like ETC that much but i would like to do some speculation about its price. I think we will have a chance to buy etc at 20$ even it can go further down before rallying up. Miners will also force developer to build dapps in ETC so that its demands increases in the market.

I am more interested about Revencoin than ETC because of its community support. I can see why most of the ETH hash rate shifted towards Ravencoin. Ergo also got miners interest so it will be wise to keep an eye on those two project in the long run.

Agree. Ravencoin has a stronger community than Ethereum Classic. It's going to take a lot more than just miners switching to ETC to make it boom in price. We're going to have to see if developers become interested in making dApps for the ETC blockchain. Ravencoin may be popular right now, but without smart contracts, I don't see it taking off anytime soon.

At least, GPU miners won't be left out of the game. Who knows what would be of ETC as an alternative PoW chain to ETH? Just my opinion

[tbct_mt2]

$100 can still be achieve, maybe in the next bull run since that is always the scenario almost all good altcoins pump and making a new ATH is the target for them. Good update with ETC can be a big factor, let’s see if they will issue update.

The all time high of Ethereum Classic is around $120 so $100 is a reachable price. It needs support from Ethereum too but I don't think The Merge would be enough to boost ETC to $100 in this bear market.

It needs another bull run for Ethereum and crypto market, to reach $100 for ETC.

It is ridiculous to see people are speculating that ETHW should rise more because of ETC. ETC looks at ETH and ETHW looks at ETC.

[Xal0lex]

It is too early to say that ETC will continue to increase the hash rate, which means the demand for the blockchain space will still be at a high level and the price of ETC will tend towards ATH. Perhaps this is just a temporary measure to redistribute the capacity released by the recent ETH merger. If a full-fledged hardfork happens and a POW chain of ETH is formed, which gets strong support from developers, exchanges and community, then all free capacities can be directed there and ETC will be forgotten again.

[Kadal Ijo]

Etc coins that have the potential to continue skyrocketing, I think when there is an increase of more than 40% a week it will continue, unfortunately it does not happen and now the price of ETC continues to decline, although we really hope to reach $ 100 but we must be realistic..

[electronicash]

what will drive the demand for ETC to reach $100?

miners may be trying to move to ETC but there is no catalyst for price drive and lots of merchants. i can't remember the only one token i saw in the past that is running on top of ETC. developers gotta wake to move and migrate to ETC.

[ethereumhunter]

If you look at the etc trend, of course it is very difficult to reach $ 100 in the near future, especially this week the price of dropping from $ 35 to $ 28, may take at least a year to reach $ 100.

Except if there is a surge in a market that can make many coins skyrocket.

It would probably take more than a year to reach $100 unless something could help the price increase drastically before that year. And if that happens, the miners who have switched to mining ETC will feel very happy because they can get big profits after mining ETC for a while. But for now, where the market is still in a bearish or semi-sideways condition, ETC must survive as hard as possible to increase higher later. And hopefully, in the last 3 months, there will be something that will help ETC to get back to $50.

[WalkerIVIV]

If you look at the etc trend, of course it is very difficult to reach $ 100 in the near future, especially this week the price of dropping from $ 35 to $ 28, may take at least a year to reach $ 100.

Except if there is a surge in a market that can make many coins skyrocket.

Bullish was a key ETC to reach such level. I meant about when ETC can increase a lot but this will not happen without the bullish trend in the cryptocurrency. The fact that if you are aware about ETC was still struggling around 30 subs, that means possibility to reach 100 is having zero chance for now. I do believe this is possible during the bullish market where all of coins pumped like a few times from the old price

[poodle63]

Etc coins that have the potential to continue skyrocketing, I think when there is an increase of more than 40% a week it will continue, unfortunately it does not happen and now the price of ETC continues to decline, although we really hope to reach $ 100 but we must be realistic..

It's not so promising as before and why? we have new ethereum forking coin called ETHPOW. ETC will not be considered as main choice as replacement for ethereum POS. It seems like that miners are also going to the ETHW rather than ETC. The miners being divided into the two parties.
Some miners which are supporting ETC and another miners for ETHW. the competition between these fork coins are also very strict. Miners are investing in these coins.

[Minecache]

It is ridiculous to see people are speculating that ETHW should rise more because of ETC. ETC looks at ETH and ETHW looks at ETC.

If you notice the TVL of the ETHW ecosystem recently increased very strongly, the money poured in is huge, that's why people speculate it will grow faster than ETC. I'm also against ETHW because we already have ETC as POW and don't need another ETHW, but with current development ETHW is dominating.
Recently, Binance also officially announced the Official Launch of the Ethereum Proof-of-Work (ETHW) Mining Pool, Binance is said to be still out of the game as it doesn't allow ETHW transactions, but this move shows that they are ready to enter, so those who like to make quick profits should not ignore ETHW for the time being.
https://www.binance.com/en/support/announcement/5ec076eec0cb49babae90f6b0597d5c7?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial