I'm new to Alt coins and was considering ETC. Any Thoughts? - page 2.

Mike8

sr. member

Activity: 291

Merit: 250

Quote from: Altitude on August 13, 2016, 01:11:02 AM

I want to make a small investment and see how it goes. What do you people think of ETC, I looked up Etherium and read something about a hacker and a hard fork, so I googled what Hard fork was and saw ETc was the newer one and now im considering buying.

If i lose, no big deal but it will discourage me. I'm putting in like 150$ to try this out. Is it a good choice?

ETH and ETC are pretty unsafe.
Monero rose pretty much atm. While it has potential, it also have quite a chance to also fall back.

Leonard2016

hero member

Activity: 1036

Merit: 520

Quote from: Altitude on August 13, 2016, 01:11:02 AM

I want to make a small investment and see how it goes. What do you people think of ETC, I looked up Etherium and read something about a hacker and a hard fork, so I googled what Hard fork was and saw ETc was the newer one and now im considering buying.

If i lose, no big deal but it will discourage me. I'm putting in like 150$ to try this out. Is it a good choice?

ETH is the newer (forked) one not ETC. that one is the classic or the old chain.

anyways none of this matters becasue ETC has the potential of growing and giving you some good profit in the upcoming week. especially since the plans of ethereum foundation to dump their ETC to kill the price has failed.

but remember that this is risky and you can also lose your money.

Bitcoinsummoner

hero member

Activity: 1358

Merit: 622

Maintain Social Distance, Stay safe.

In my opinion ETC Was not a good choice but you can put or invest there small amount better to invest few of your capital to other top 20 altcoin that you can found in coinmarketcap.. Don't invest in ethereum right now its risky..

socks435

legendary

Activity: 2016

Merit: 1030

Privacy is always important

Quote from: Ayers on August 13, 2016, 11:45:10 AM

i think both ethereum chain are performing the same, i see no real reason to choose one above another, i just switch to the most profitable, the onyl thing is that maybe etc can increase much more, because there is more room to increase maybe?

Yeah i heard some news that ETH will be converted in ETC so that these following days we will see the price increase of ETC..
I just heard it here in our forum i forgot the title of the thread with a news..

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

i think both ethereum chain are performing the same, i see no real reason to choose one above another, i just switch to the most profitable, the onyl thing is that maybe etc can increase much more, because there is more room to increase maybe?

GreenBits

legendary

Activity: 1148

Merit: 1048

ETC is a lot to deal with at the moment. A lot of factors in play that we can't control for, a lot of uncertainty (and subsequent volatility). If you are new, ID chill on the ETC for a minute, it's choppy waters. Honestly, ID suggest you trade BTC/USD or some other fiat pair for a while. Not as volatile, and if you get stuck on one side you have fiat, the other side and you have bitcoin. Not so bad.

You won't make the same profits that you would have had you caught a wicked ETC spike, but you wont be upset because the price ran to ruin.

bbc.reporter

legendary

Activity: 2926

Merit: 1440

I do not know much about monero. It would be better to ask the ones that do in the XMR speculation thread. But my suggestion for you is to wait for ETC. One sign that it is good to invest in it is when the hash rate is increasing and stays above 30% of ETH's hash rate. Miner support is more essential for it now than a high price.

Altitude

full member

Activity: 154

Merit: 100

Quote from: bbc.reporter on August 13, 2016, 01:39:40 AM

For now I would not recommend holding ETC. There is good news that Charles Hoskinson will commit to the development of ETC but things are not very stable yet for the platform. The situation with the DAO attacker and white hat group may still escalate more and it may involve the authorities. That is only a speculation from me but I foresee it happening. I also heard lawyers will be involved in the distribution of the ETC held of the white hat hackers. That is not a good sign for the owners of those funds.

thanks, how about Monero, wait or buy now?

bbc.reporter

legendary

Activity: 2926

Merit: 1440

For now I would not recommend holding ETC. There is good news that Charles Hoskinson will commit to the development of ETC but things are not very stable yet for the platform. The situation with the DAO attacker and white hat group may still escalate more and it may involve the authorities. That is only a speculation from me but I foresee it happening. I also heard lawyers will be involved in the distribution of the ETC held of the white hat hackers. That is not a good sign for the owners of those funds.

Altitude

full member

Activity: 154

Merit: 100

I want to make a small investment and see how it goes. What do you people think of ETC, I looked up Etherium and read something about a hacker and a hard fork, so I googled what Hard fork was and saw ETc was the newer one and now im considering buying.

If i lose, no big deal but it will discourage me. I'm putting in like 150$ to try this out. Is it a good choice?

Topic: I'm new to Alt coins and was considering ETC. Any Thoughts? - page 2. (Read 1450 times)