What about neither? I only became interested at fork, I saw this shit as premine scam to begin with.
Vitalik tweeted this several hours ago, in response to the question "Would you support ETC if it had the longer blockchain". The market is responding.
The return to 0.0040+ after several hours of dips shows that the popular sentiment behind ETC is stronger than just one guy.
Important test - the price goes from 0.0036 to 0.0043 (the tiny green upturn). Will the hash rate (red line) follow?
Anyone worshiping at the alter of Vitalik is a retard.
That was smart initially but then you should have dumped again at peak. Both chains are fuked.
I realized how this all worked when I saw whales buying their own sells (playing both sides to pump the price). When you have 100-200 btc, you can set up a sell that is high, then buy it yourself....lol...people watching are like 'wow!....look at the buys and the volume...lol...all just manipulated by two or three whales on each exchange. I saw walls on both sells and buys that were so obviously set up to manipulate price and motives of small holders...it was amusing to watch to some extent...they repeat this cycle until the coin is essential gone, until miners hold enough, then they repeat the strategy...I believe this is why some coins are moving to be backed by actual physical things like gold and silver...to create a price to value ratio that is not just completely arbitrary...
There is some actual truth here.