A crypto fanatic on youtube said ETH pow will survive and many projects will build on it some months ago, I don't remember his name anymore but he is a popular fellow.
To my surprise new projects are still building on the old Ethereum ( ETHPoW ), few of the projects are successful through funds raising but I'm curious what makes developers to keep building on an outdated chain.
Any thought?
To my surprise new projects are still building on the old Ethereum ( ETHPoW ), few of the projects are successful through funds raising but I'm curious what makes developers to keep building on an outdated chain.
Any thought?
I see very few people on the forum that are interested in ETHW, I have also done some research on it and can say, ETHW should be interested and put on the watchlist for the next bull season. According to some news that I know, currently most of ETHW is being held by miners a lot and retail investors have sold out after receiving the airdrop and these miners are mostly from China.
Personally, I think there will be a big pump in the future for ETHW for miners to sell and you should note that currently binance is still holding ETHW but they are not open for trading.
Be careful. I made the same mistake during the last bull market by holding a lot more ETC than ETH. I still made a decent amount but I would've made more if I just held more in ETH.
The thing is if you're trying to decide if you're better off holding ETH or a fork of ETH then always look at how the fork is performing against ETH. There are ETHW/ETH charts in Trading View... So if ETHW/ETH is trending up, hold ETHW. If it's trending down just hold ETH.
