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Topic: ETC is moving, what's the reason? (Read 514 times)

legendary
Activity: 2058
Merit: 1042
HODL
November 14, 2017, 01:12:41 AM
#26
I guess that current pump is because of the Ethereum Classic Summit event. The ETC team has great success during last few months with new releases and partners. So anticipation of good news has lead to price growing.
full member
Activity: 2254
Merit: 223
#SWGT PRE-SALE IS LIVE
November 14, 2017, 12:04:40 AM
#25
Now between bitcoin and his clones, especially bitcoin cash is a real war for primacy among the crypto currency. Bitcoin therefore falls in price, and bitcoin cash rose to $ 1,500, which never happened. Perhaps, against this background, users who have not yet decided which side to become in this battle, just began to invest in the etherium, so it began to grow. What is happening with bitcoins, in my opinion, has quite positive aspects. Finally, bitcoin will be improved either by itself or through its clones. This, as we see, also positively began to influence the altcones.
member
Activity: 123
Merit: 11
www.fintropy.io
November 13, 2017, 11:46:00 PM
#24
ETC price in the dip too long ( 9-11$ ). So when sewgit2x not happen, people start buying it. That why ETC price get up fast.
hero member
Activity: 1274
Merit: 516
November 13, 2017, 11:41:37 PM
#23
I think it's just another game from pump and dump, I dont heard any good news or any big investors are interested in etc, etc has been stop moving for a long time and the pirce moving is like moving forward and backward, and I dont think it will rise for a long time
full member
Activity: 322
Merit: 100
November 13, 2017, 11:19:13 PM
#22
Look at BTC price , if BTC falls everything else (usually) also does
Ethereum Classic prices move higher against the US Dollar and Bitcoin. ETC / USD may soon break its highest price.
There is a slow and steady fall in price ETC
full member
Activity: 406
Merit: 114
November 13, 2017, 10:59:35 PM
#21
Is there anything happening with ETC?  It seems like all the advancements are happening on ETH, and the all the new coins (for better or for worse) are being launched as Etherium Tokens ... I know the reasons behind ETC being forked, but it doesn't seem to have a purpose on than being a reminder of a major DAO failure.
newbie
Activity: 50
Merit: 0
November 13, 2017, 10:42:10 PM
#20
Well, it was a pump only I guess. I should have sold it at $21 regretting my decision. Hope that time will come again Cheesy
im no expert but the entire mkt is volatile. trust your gut,k ride it out for long term if that's your goal, and deal with the ups and down because they will occur for a while.  Most importantly never spend more than you can afford to lose. This is essentially a safer version of gambling in my book but there are still plenty of risk in the field.

justg my 2 cents
newbie
Activity: 50
Merit: 0
November 13, 2017, 10:38:47 PM
#19
cant you go read in twitter why price rising?
they have a lot of good news and have their own Summit in 2 days
the price can go even to 200$ in a year ..
read their tweets for the 2 last months...

please forgive my ignorance. What is ETC? I heard for a long time BTC, ETH, LTC, and Ripple were likely safe choices for long terml im not good eough to tradefst yet to get in and out.
full member
Activity: 1498
Merit: 129
November 13, 2017, 10:15:16 AM
#18
the only reason why any coin will rise is because investors are demanding for it and that is exactly what is happening. i think this is normal as global demand for cryptocurrencies is on the rise many people are now trooping in into investing in coin. probably the recent rise of BCH have make people start buying some random coin which ETC is not left out. i dont think ETC rise will continue. it is just for a short period. the same thing happen to ethereum some few weeks ago and its happening again now.
hero member
Activity: 994
Merit: 507
November 13, 2017, 09:57:25 AM
#17
Etc is moving is all red weekend. What is the reason behind it? Is it possible for ETC is touch $50 by end of this year as all it's buddy coin us already crossed much more than etc
May be because bitcoin is falling and bitcoin holders now are trading with another coins that has potential and because ethereum classic will have a summit on Monday and Tuesday in Hong Kong.
Pretty much it. This is what I'm saying to those who wish to trade that lending your ears to the news, recent developments that going on around will tell you which way will the market moves. As a smart trader, you shouldn't just get swayed by these news and you should know when to buy and sell.
full member
Activity: 450
Merit: 100
November 13, 2017, 09:39:36 AM
#16
One thing you would notice is that the prices of alt coins decreased when Bitcoin prices increased. Again, the price of alt coins increases as soon as the cost of bitcoin decreases.
full member
Activity: 364
Merit: 117
November 13, 2017, 07:54:21 AM
#15
Well, it was a pump only I guess. I should have sold it at $21 regretting my decision. Hope that time will come again Cheesy
full member
Activity: 224
Merit: 100
November 11, 2017, 01:00:29 PM
#14
cant you go read in twitter why price rising?
they have a lot of good news and have their own Summit in 2 days
the price can go even to 200$ in a year ..
read their tweets for the 2 last months...
full member
Activity: 266
Merit: 101
The revolutionary AI gaming ecosystem
November 11, 2017, 12:53:26 PM
#13
Etc is moving is all red weekend. What is the reason behind it? Is it possible for ETC is touch $50 by end of this year as all it's buddy coin us already crossed much more than etc
May be because bitcoin is falling and bitcoin holders now are trading with another coins that has potential and because ethereum classic will have a summit on Monday and Tuesday in Hong Kong.

That coupled with the recent btc pullback I think are the two main reasons why ETC is having a pump right now. Not sure if it will continue but seeing there a few days before the summit anything is possible I guess.
sr. member
Activity: 325
Merit: 250
November 11, 2017, 12:52:31 PM
#12
If there is no reason, there is no reason.
Read : Fake pump
legendary
Activity: 861
Merit: 1000
November 11, 2017, 12:41:43 PM
#11
there is because btc is falling and the fund are all going to altcoin , etc is easy to pump so the fund pump with ETC i think

the price should be dump soon maybe.
sr. member
Activity: 588
Merit: 250
November 11, 2017, 12:27:33 PM
#10
This may be due to the decline in Bitcoin prices, usually followed by increases in altcoin prices.
I can not explain in detail but it happens like a water cycle.
sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
November 11, 2017, 12:20:29 PM
#9
Etc is moving is all red weekend. What is the reason behind it? Is it possible for ETC is touch $50 by end of this year as all it's buddy coin us already crossed much more than etc
May be because bitcoin is falling and bitcoin holders now are trading with another coins that has potential and because ethereum classic will have a summit on Monday and Tuesday in Hong Kong.
member
Activity: 77
Merit: 10
November 11, 2017, 12:13:44 PM
#8
I wonder if it's worth picking up ETC for the long haul.
full member
Activity: 206
Merit: 100
November 11, 2017, 12:10:32 PM
#7
Etc is moving is all red weekend. What is the reason behind it? Is it possible for ETC is touch $50 by end of this year as all it's buddy coin us already crossed much more than etc

Don't expect old low prices for ethereum. The reason is obvious, the market is not bullish now, and this makes price fluctuations for ethereum and others. But it's good to know that it stayed above/around $300 for long time.
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