Topic: ETC is now 3rd crypto marketcap in the world!!! - page 2. (Read 2556 times)

My estimated guess is he is naive but not that dumb (to think he can fight the market with certainty). Remember he did diversify and sold 25% of his ETH, having learned from holding BTC all the way down in 2014/5.

And if he does, then it will just be Vitalik destroying himself at the end, while the other fools have one more chance to sell ETH to Vitalik so he is left holding the bag.  

That is unless Vitalik can work some of his mesmerizing magic with his words, somehow deluding a large swath of people that he can create something for ETH that would justify the loss of immutability trustlessness of the blockchain. I don't think he can any more. He has played that card already. ETC can copy any open source improvements worth having. Some mETH heads might be thinking Ethereum is leaderless if Vitalik loses this battle, but I don't think ETC investors care. Speculators want to make a buck and if they can enforce correct ideology as well, all for the better. Perhaps some fresh opportunities for others to contribute on the concept of smart blockchains might spawn some new innovation that Vitalik et al didn't accomplish in 2 years. They were given $millions to play with and so it isn't like they didn't get theirs or weren't given every opportunity to perform.

I am hoping Vitalik will capitulate and join ETC and in more of a subservient (as in serving and honorable) role to the community. That would be the best outcome I think. The correct ideology would win, Vitalik would grow up, etc..

P.S. I am assuming the financial back of the price manipulator behind ETH will be broken. If that is not the case, then I guess we could ride a yoyo seesaw. I think perhaps this manipulator is hedging his options.

But there is an equivalent number of ETC in the Ethereum foundation's premine of ETH. Don't you think Vitalik will once again make a desperate move to save the fork by dumping all the ETC they can potentially have and buy ETH with it?

It is just fluctuating price of ethereum classic and it is normal there is not special about that, and remember ETC is more younger than ETH. Always use rules of trading and don't too much make position buy or sell by opinion.

I speculate it won't stop until everyone has sold their ETH for ETC. This will accelerate as more and more idiots realize that if they don't sell ETH, they will lose all.

Fools are slow to act until they panic at the end.

Also you are underestimating the power of bull run vortex on crypto speculators. Crypto speculators tend to dive headfirst into opportunities to make a quick 300% gain.

ETH has no future because Vitalik proved the blockchain can't be trusted. If we want blockchains to remain immutable, ETC must win. I think Bitcoin supporters will make sure ETC wins against ETH.

I think the DAO benefactor hacker is likely profiting big time on  leveraged ETH shorts, while being leveraged long on ETC. So he can use proceeds to drive the price the direction he wants, while never needing to actually cash out of ETC.

Bitcoin investors would love to see ETC kill ETH. And if they can make money doing that, then it is a nobrainer.

I speculate that this recent price will not hold. Some traders will take profit at the first sign that there will be weakness. It has moved up very quickly and it makes it unstable because the buy support cannot catch up.

if you own an exchange and got hacked of course you wanna make it worse like everything is stolen. I bet the real hacker was cursing the exchange the whole day for mentioning they've lost thousands of btc when they don't actually loss any. Bitfinex is going gox thats all.

It is BTC that was stolen from Bitfinex, but some are speculating that the law says that all assets on Bitfinex will be hit proportionally:

https://bitcointalksearch.org/topic/m.15795468

All information is coming from Zane Tackett on his reddit account. You're wrong......it's bitcoin that was stolen.

https://www.reddit.com/user/zanetackett?count=25&after=t1_d61qyzw

We are hearing now that Bitfinex hack was BTC and ETC wallets.

I'm down with folks making money, just don't call it decentralized. Call a spade a spade. This whole game has mutated and actually regressed in my opinion... Which sucks because I don't have that many hobbies.

ETC holders not affected by the Bitfinex hack https://www.reddit.com/r/Bitcoin/comments/4vtuxo/bitfinex_security_breach_trading_will_be_halted/d61cjwa

Some people are making money that is all. Greed is powerfull fuel and hope that ETC will go over ETH blinded some brains.
And what is most fun it can be possible over time mayby not today becouse of ongoing project but leter ETC can be filled with some projects.

Yup. I've been saying it for the last two years. It's hard to get used to something that i thought was going to evolve human motivations and behavior. I'm so pleased to see humanity consistently let's me down.

huge etc dump

LOL keep hoping you ETC criminal coin clown because that's exactly what it is. The DAO attacker is even moving his coins ready to dump across simultaneous exchanges. Have some gud fun with that.

Amen. This is what these ETC criminal coin clowns repeatedly fail to realise. All ETH hodlers have an equivalent ETC bag but we don't cheerlead the criminals coin ETC because we can see the damage they are doing to crypto.

This is crypto-currency world and everything you said already done millions of times. It's not new, it won't end, get use to it. Value of all altcoins in long term is ZERO (0). Everybody try to take advantage and raise their BTC amount. That's all matters. Nobody cares about Ethereum or any other altcoin projects success.

It is good but it is going up fast with is not good.. going up slower a day is better so hope it is not a pump to sell the stolen etc

You're not listening, and I'm going to go fucking Spoetnik. This isn't crypto, these are stocks backed by millions of dollars by centralized entities. If you don't think the core ETH team is holding both tokens heavily to hedge, you're literally an idiot. This is the worst thing to happen to crypto since its inception. I fully believe the two tokens will equivalent in value soon...high jack millions of eth, split, increase the supply, mission accomplished.

1 etc = 0.0058 btc