Topic: ETC price speculation - page 2. (Read 3263 times)

I think if ETC continues to rise the bitcoins to buy it come mostly from ETH holders as they sell and so it's basically just a transfer of wealth from ETH to ETC and also other investors that just simply want to take part in the action for profits.

But there is still the looming threat of the DAO and when that individual will sell his coins.  He could dump them as many people expect but more likely he could just let them slowly enter the market and sell them for greater profits. The volume is pretty high for ETC so it would be easy for him to slowly sell off coins and the market could remain completely unaware of it, heck even a dump wouldn't even be considered unusual in the market.

Sure. But I mean it's like a positive feedback loop. It could bring down ETH and replace it with ETC.

So you're the average ETH holder for the technology. You want to use or see the use of smart contracts in the future or whatever. Now ETH moves sideways, but ETC keeps increasing in both hash and market cap everyday. Now you get nervous over holding ETH even if it is moving sideways since ETC is growing rapidly and you can tell it is getting more attention than ETH. The logical thing to do is to sell your ETH and buy ETC, at some benchmark you've set for yourself. Me, I bought it right away out of ideological reasons. Others might have a certain price or like a % out of ETH cap, and so fourth... but the thing is that ETC might actually take down ETH based on this argument I lay out for you all.

Because as time progresses and ETC price increases more and more will sell their ETH in favor for ETC. The thing is that ETH doesn't necessarily need to go up or down for ETC to succeed but it seems likely it could go down some in the future should this scenario play out which I think it will.


To sum it up at some point ETC will be worth more than ETH. And ETH doesn't necessarily need to drop in price for this to occur, but it seems likely it will.

New bottom is 3 mBTC

Another scenario is because the fork is a losing chain. The ETH miners are selling all of their mined earnings and will buy more mining rigs to start mining ETC. They will adjust slowly and transfer all their mining power to ETC if it is the winning chain.

Also something I thought of. If ETC keeps appreciating in price and ETH moves sideways or down it is very likely we would see a larger influx to ETC I mean just from ETH holders in this scenario. Some ETHers that I know sold their ETC as quickly as possible for some reason.. they were given a free hedge but easy come easy go I guess.

ETC will surpass ETH at some point. Anything else would just be disgusting given that this is crypto and despite all the crooks and retarded people there are actually some principles that is the foundation of crypto that cannot be broken and deep down people know that. The HF was really really really really awful I f ing hate the HF that was a major screwup really how can so many cooks in the kitchen fuck up the meat so bad.

the current price is quite high ETC, well I guess from these statistics will be a good coin. eth if prices rise, it is likely the price will reach 0.003 BTC, but if it declines, I think it will make the holders etc into a panic, but I hope that if prices start to fall, I hope the price does not go down past the price of BTC 0.002

Here we go...pump in progress...

I don't expect any action going on in ETC for the rest of the weekend. The whales will keep buying low and the real action will begin next week, so time to stock up on ETC. This might be a rare opportunity to get in early on a coin that will pump hard twice.

Not a math wizard here, but it seems you should have received back the same amount. They should never exchange at a ratio (having 2.2k ETH literally means owning 2.2k ETC, until you move the coins on one of the exchanges. I'll reserve comment until you bring back more info, but it seems like the exchanges are playing this ETC thing very loose and fast.

no, I didn't lend anything. I'm going to write them, lets see what they say.

Are the ETH lended at the moment of the fork? if not conversion was 1:1 if yes they didn't count.

from poloniex:(https://poloniex.com/press-releases/2016.07.26-responses-to-common-etc-questions/)

I loaned my ETH before the fork, shouldn’t I receive the equal number of ETC when the loan is repaid?

Terms of the Loan
As many of you know, unless you had ETH in your balances at the time of the fork, you did not receive ETC. For those who loaned their ETH to others, keep in mind that the terms of the loan dictate that you receive the same number and type of coins you loaned within X days plus the agreed upon interest. The borrower does not owe you anything less than this, nor does the borrower owe you anything more, regardless of what may have occurred during the borrower's possession of your loaned coins. To assert otherwise on the matter is forcing a debt upon the borrower that undermines the loan terms that were agreed to by all parties.

Possession and Control
When you lend coins, you give up possession and control of them in exchange for an IOU with interest. These coins are actually delivered to the borrower, who can do with them what they wish - place an order, open a position, etc. Based on this principle, those who have actual balances, borrowed or otherwise, hold the rights to anything they may be able to earn with them during the possession period.

ETC is currently under sell pressure..if disappear...boom

hey,

I had around 2.2k ETH on bitfinex and received 1k ETC. Can anyone tell me why I got almost exactly 1k ETC. How did they calculate it?
Appreciate your help!

well i bought my first few ETC today. i keep hearing the attacker owns 10% of all ETC is this fact? and if it is a fact does that mean an absolute death sentence price wise if he dumps?

I think you must show up more informations about method your analysis (step by step), are like analysis tecnical or analysis fundamental that be used. It will become full complete for me and another users.

If they find the hacker, ETC will worth more than 5 $

I wait for new low, to buy more:-)

still 24-25, watiing for the new up trend

i do not know why people invest on ETC while other coins and if i watch the rate, is up and down in 2649 - 2993, i think its going down deep for a moment while waiting another news from the devs. i will be buy in range 15-18 and sell it in 25-26 if its available