Topic: Does ETC have any genuine upside potential? Or more like Litecoin? (Read 862 times)
In some parts of Asia they are obsessed with ETC
May 31, 2017, 10:45:10 PM
Ethereum Classic has more potential than many other cryptocurrencies, but I would not put a lot of money into it.
If ETH changes the algorithm to PoS, ETC may have a chance, but ETC does not have the developers Ethereum has, and this can make development much more difficult.
If ETH changes the algorithm to PoS, ETC may have a chance, but ETC does not have the developers Ethereum has, and this can make development much more difficult.
May 31, 2017, 10:28:40 PM
there are a lot of things wrong with these two.
- both have the same code, meaning both are bad platforms. but since nobody cares about what they are investing it, as far as your investment question goes this is not so relevant.
- ETH has the centralized support behind it with a lot of money at their disposal to advertise and also pump the coin. so it is a better short term investment during the pumps.
- ETC on the other hand is less centralized, but it will stay lower simply because the same ETH funds won't allow them to rise even if it means dumping their whole ICO coins on them. and that is a huge amount of tokens.
- the other thing to keep in mind is the mining situation. ETH will change to POS and that will cause ETC network which will remain POW to become very strong with all the miners switching to mine ETC and with a lot of money coming in it, ETC can have a good rally at that point.
- and on top of all that ETC is cheaper both to buy and for transaction fees and also the cost of smart contracts.
- both have the same code, meaning both are bad platforms. but since nobody cares about what they are investing it, as far as your investment question goes this is not so relevant.
- ETH has the centralized support behind it with a lot of money at their disposal to advertise and also pump the coin. so it is a better short term investment during the pumps.
- ETC on the other hand is less centralized, but it will stay lower simply because the same ETH funds won't allow them to rise even if it means dumping their whole ICO coins on them. and that is a huge amount of tokens.
- the other thing to keep in mind is the mining situation. ETH will change to POS and that will cause ETC network which will remain POW to become very strong with all the miners switching to mine ETC and with a lot of money coming in it, ETC can have a good rally at that point.
- and on top of all that ETC is cheaper both to buy and for transaction fees and also the cost of smart contracts.
May 31, 2017, 03:37:53 PM
The biggest thing ETC has going for them is its community. A lot of people are bullish on them and I think its partially because its the same tech as ETH believe ETH will blow up or fork again.
ETH is suppose to be moving from POW to PoS right? There are lots of implications with this move.
ETH is suppose to be moving from POW to PoS right? There are lots of implications with this move.
May 31, 2017, 03:32:25 PM
I read that ETC could be used for dapps when ethereum network will have high traffic problems. I belive buying ETC is like a second chance if you missed 15$ ETH (luckly got it for 6$).
May 31, 2017, 12:43:02 PM
ETC is the same as ethreum so that soon the price will be equal. Thanks to the DAO's hack, we can now have 2 ethreum on two blockchain
Maybe ETC is the same as ethreum, but in my opinion there must be difference from those two, I think ethreum has better quality on it, if compared with ETC. May 31, 2017, 12:05:52 PM
ETC is the same as ethreum so that soon the price will be equal. Thanks to the DAO's hack, we can now have 2 ethreum on two blockchain
This sentence is fake news.
its hard to say, but some big chinese exchanges come into etc, i think this coin has upside potential maybe 50-100$ are possible
you dont make a mistake when you buy 30-100 ETC's, still hold
you dont make a mistake when you buy 30-100 ETC's, still hold
Meh. Let's say you have 100 you bought at $17 ($1700) and it goes to $50 ($5000), that's a horrible ROI for something so speculative. You could put that $1700 in the stock market over time and make a much better return.
So from what I'm taking, keep my money in ETH and forget the ETC. it's a safer bet with higher upside potential. Of course this is all speculation, but the winning horse tends to keep on winning.
what stock market give you so easy roi over time tell me please? i'm sure crypto now give you the most return when you compare to forex, which is much risky and unpredictable and never get the same profit, ETC is also the only other coins which will help the hashratr to not kill the profit when ETH go pos, i see this as a good backup
Ummm...how about the NASDAQ, or the NYSE. Put $1700 in the S&P 500 and let's talk in 20 years. It has more of a proven chance of being worth $5000 than ETC.
If you don't realize that what we are doing is pure speculation, you need to read a book on investing 101.
ETC is the same as ethreum so that soon the price will be equal. Thanks to the DAO's hack, we can now have 2 ethreum on two blockchain and both of them have the same function and as great as each other. The ratio should be 1:1
In my opinion,all the Altcoin should be grow with time
so LTC should be more valuable to invest than the ETC
besides,LTC had been raise to 1000CNY,
the space of raise should be more bigger
so LTC should be more valuable to invest than the ETC
besides,LTC had been raise to 1000CNY,
the space of raise should be more bigger
its hard to say, but some big chinese exchanges come into etc, i think this coin has upside potential maybe 50-100$ are possible
you dont make a mistake when you buy 30-100 ETC's, still hold
you dont make a mistake when you buy 30-100 ETC's, still hold
Meh. Let's say you have 100 you bought at $17 ($1700) and it goes to $50 ($5000), that's a horrible ROI for something so speculative. You could put that $1700 in the stock market over time and make a much better return.
So from what I'm taking, keep my money in ETH and forget the ETC. it's a safer bet with higher upside potential. Of course this is all speculation, but the winning horse tends to keep on winning.
what stock market give you so easy roi over time tell me please? i'm sure crypto now give you the most return when you compare to forex, which is much risky and unpredictable and never get the same profit, ETC is also the only other coins which will help the hashratr to not kill the profit when ETH go pos, i see this as a good backup
The guy above me ( @modsrocky ) is delusional LOL.
its hard to say, but some big chinese exchanges come into etc, i think this coin has upside potential maybe 50-100$ are possible
you dont make a mistake when you buy 30-100 ETC's, still hold
you dont make a mistake when you buy 30-100 ETC's, still hold
Meh. Let's say you have 100 you bought at $17 ($1700) and it goes to $50 ($5000), that's a horrible ROI for something so speculative. You could put that $1700 in the stock market over time and make a much better return.
So from what I'm taking, keep my money in ETH and forget the ETC. it's a safer bet with higher upside potential. Of course this is all speculation, but the winning horse tends to keep on winning.
its hard to say, but some big chinese exchanges come into etc, i think this coin has upside potential maybe 50-100$ are possible
you dont make a mistake when you buy 30-100 ETC's, still hold
you dont make a mistake when you buy 30-100 ETC's, still hold
It's a bullish trend for bitcoin and ethereum, but ethereum especially. New money came from outside. This means, every other project is gaining, indirectly. ETC's fundamentals are really weak because they don't have capable dev team ( they are barely capable to copy paste the development ethereum foundation provides ). They can't attract enterprise support/usage because they need capable people for that. So from that point of view, no, it doesn't really have potential. It can go to 2bil but it can also dump to 1bil. Like throwing the dice.
This is purely speculation. I just almost bought 10 ETC, but then I hesitated. I mean...does ETC have REAL upside potential like ETH or Bitcoin? Or will it always be more of a Litecoin situation.
I feel like ETH has a chance of reaching $1000.00 before ETC even has a chance of reaching $100.00. I don't see any real reason to buy 10 ETC for speculation purposes at current prices ($17), because even if it goes to $100, which I don't see happening as is, that's $1000.00. Not the type of ROI I'm looking for as this is risky stuff, and the return better be potentially phenomenal to make it worth my while.
So should I buy the 10 ETC? Or just keep the currency in ETH and forget about ETC for long term speculation?
Thoughts?
I feel like ETH has a chance of reaching $1000.00 before ETC even has a chance of reaching $100.00. I don't see any real reason to buy 10 ETC for speculation purposes at current prices ($17), because even if it goes to $100, which I don't see happening as is, that's $1000.00. Not the type of ROI I'm looking for as this is risky stuff, and the return better be potentially phenomenal to make it worth my while.
So should I buy the 10 ETC? Or just keep the currency in ETH and forget about ETC for long term speculation?
Thoughts?
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