What are we witnessing? a simple ETC pump or a real change?

Markperop

member

Activity: 448

Merit: 10

Quote from: Ultrabat on August 15, 2016, 11:50:52 AM

Quote from: Das on August 13, 2016, 09:59:44 AM

Quote from: bathrobehero on August 02, 2016, 01:38:16 AM

I don't think ETC is just a pump. People legitimately like it against all odds (51% threat, hacker owning a huge portion of coins, no original dev team, etc) because it's not a bailout coin and because Vitalik is not behind it.

My fear is that the hacker might be hoarding ETC for a massive dump in future. That will be awful for long term holders, I personally would not consider holding a coin that has not lasted for at least 1.5 years Grin

That is the concern for many people. Otherwise, the price could be as high as the ETH by now as ETC has some wealthy pumpers.

It seems to me that all these predictions are deceptive and it is not worth spreading information that is not supported by any facts. Many times predicted the best growth of ETC, in comparison with the etherium. But the result We all see quite different.

Ultrabat

member

Activity: 117

Merit: 10

Quote from: BillyBobZorton on August 15, 2016, 01:18:49 PM

Quote from: Ultrabat on August 15, 2016, 11:50:52 AM

Quote from: Das on August 13, 2016, 09:59:44 AM

Quote from: bathrobehero on August 02, 2016, 01:38:16 AM

I don't think ETC is just a pump. People legitimately like it against all odds (51% threat, hacker owning a huge portion of coins, no original dev team, etc) because it's not a bailout coin and because Vitalik is not behind it.

My fear is that the hacker might be hoarding ETC for a massive dump in future. That will be awful for long term holders, I personally would not consider holding a coin that has not lasted for at least 1.5 years Grin

That is the concern for many people. Otherwise, the price could be as high as the ETH by now as ETC has some wealthy pumpers.

The hacker will never dump because that would reveal that he is the hacker. Hackers don't dump, they sell slowly. Hacker dumping is ETH camp FUD.

The fact that the hack owns large amount of ETC and will dump some time will put a cap of the price of the ETC.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: Ultrabat on August 15, 2016, 11:50:52 AM

Quote from: Das on August 13, 2016, 09:59:44 AM

Quote from: bathrobehero on August 02, 2016, 01:38:16 AM

I don't think ETC is just a pump. People legitimately like it against all odds (51% threat, hacker owning a huge portion of coins, no original dev team, etc) because it's not a bailout coin and because Vitalik is not behind it.

My fear is that the hacker might be hoarding ETC for a massive dump in future. That will be awful for long term holders, I personally would not consider holding a coin that has not lasted for at least 1.5 years Grin

That is the concern for many people. Otherwise, the price could be as high as the ETH by now as ETC has some wealthy pumpers.

The hacker will never dump because that would reveal that he is the hacker. Hackers don't dump, they sell slowly. Hacker dumping is ETH camp FUD.

Ultrabat

member

Activity: 117

Merit: 10

Quote from: Das on August 13, 2016, 09:59:44 AM

Quote from: bathrobehero on August 02, 2016, 01:38:16 AM

I don't think ETC is just a pump. People legitimately like it against all odds (51% threat, hacker owning a huge portion of coins, no original dev team, etc) because it's not a bailout coin and because Vitalik is not behind it.

My fear is that the hacker might be hoarding ETC for a massive dump in future. That will be awful for long term holders, I personally would not consider holding a coin that has not lasted for at least 1.5 years Grin

That is the concern for many people. Otherwise, the price could be as high as the ETH by now as ETC has some wealthy pumpers.

Das

sr. member

Activity: 308

Merit: 250

Quote from: bathrobehero on August 02, 2016, 01:38:16 AM

I don't think ETC is just a pump. People legitimately like it against all odds (51% threat, hacker owning a huge portion of coins, no original dev team, etc) because it's not a bailout coin and because Vitalik is not behind it.

My fear is that the hacker might be hoarding ETC for a massive dump in future. That will be awful for long term holders, I personally would not consider holding a coin that has not lasted for at least 1.5 years Grin

Ultrabat

member

Activity: 117

Merit: 10

Quote from: Herp on August 09, 2016, 11:18:20 PM

Quote from: Ultrabat on August 05, 2016, 07:19:07 AM

Quote from: Herp on August 03, 2016, 10:18:40 PM

This is no usual pump. It could go either way.

The price is more like to go down due to the big dump by the Ethereum ICO holders and the hacker.

Yes, for a while at least. I'm afraid we haven't seen the big dump yet.

The ETC price could drift lower. The big dump will happen when the ETC price is less than $1 or lower.

Herp

sr. member

Activity: 294

Merit: 250

Quote from: Ultrabat on August 05, 2016, 07:19:07 AM

Quote from: Herp on August 03, 2016, 10:18:40 PM

This is no usual pump. It could go either way.

The price is more like to go down due to the big dump by the Ethereum ICO holders and the hacker.

Yes, for a while at least. I'm afraid we haven't seen the big dump yet.

Ultrabat

member

Activity: 117

Merit: 10

Quote from: Herp on August 03, 2016, 10:18:40 PM

This is no usual pump. It could go either way.

The price is more like to go down due to the big dump by the Ethereum ICO holders and the hacker.

Herp

sr. member

Activity: 294

Merit: 250

This is no usual pump. It could go either way.

Ultrabat

member

Activity: 117

Merit: 10

Quote from: Lebubar on August 02, 2016, 01:35:01 PM

He is not an hacker neither a criminal.
He use the smart (no so) contract the way they were designed that set.

He is a just a smart person and a bug finder.

You might be right. So there is no hack to the Bitfinex or the Mt Gox. Those are all due to bugs in software.

Azael

full member

Activity: 196

Merit: 100

I outline why I believe this is occuring here: https://bitcointalksearch.org/topic/m.15778167

Lebubar

legendary

Activity: 1288

Merit: 1000

He is not an hacker neither a criminal.
He use the smart (no so) contract the way they were designed that set.

He is a just a smart person and a bug finder.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: dwgscale11 on August 02, 2016, 12:38:29 PM

Quote from: Minecache on August 02, 2016, 12:26:42 PM

Quote from: Divinespark on August 02, 2016, 12:23:54 PM

I think the ETC move is real, and that it's going to cross ETH in economic and dev activity and leave ETH for dead in the coming weeks. Immutability will thus become a core value prop for any public blockchain system.

Massive massive pump before the bloodbath ETC criminal coin dump. DAO attacker has begun moving funds in preparation for a simultaneous ETC dump.

Those coins wont be sold instantly. He has bigger motives to de throne vitalik and his abomination followers like yourself. He will sell a little, but he has other motives, he is not an idiot and wont just want to crash the market.

Wake up or get left in the dust. ETH supporters are dropping like flies and swarming into ETC where they belong. Truth hurts sometimes.

Yes you are absolutely correct the DAO dandy was on a moral Robin Hood crusade. As he's begun to move extremely large amounts of ETC, totally $10 million, we expect he will be donating it to the cure for cancer.

Wake the fuck up. Your about to get shat on.

Incidentally I own and equal share of ETH and ETC but on principle I will never support a criminal.

Here's a gud quote:

"When has hacked crypto ever "NOT" been dumped? ETC is no exception. A criminal with no morals steals and yet those blind to the "faith" think that for some reason he robbed the DAO out of principal? They hacked it for the money and the exchanges selling this turn a blind eye because they will make millions and pretend they had no prior knowledge that this was going to happen. LOL"

thejaytiesto

legendary

Activity: 1358

Merit: 1014

Quote from: dwgscale11 on August 02, 2016, 12:38:29 PM

Quote from: Minecache on August 02, 2016, 12:26:42 PM

Quote from: Divinespark on August 02, 2016, 12:23:54 PM

I think the ETC move is real, and that it's going to cross ETH in economic and dev activity and leave ETH for dead in the coming weeks. Immutability will thus become a core value prop for any public blockchain system.

Massive massive pump before the bloodbath ETC criminal coin dump. DAO attacker has begun moving funds in preparation for a simultaneous ETC dump.

Those coins wont be sold instantly. He has bigger motives to de throne vitalik and his abomination followers like yourself. He will sell a little, but he has other motives, he is not an idiot and wont just want to crash the market.

Wake up or get left in the dust. ETH supporters are dropping like flies and swarming into ETC where they belong. Truth hurts sometimes.

And he keeps ignoring the fact that the hacker is not an idiot and will not dump to reveal his position to the exchange where he would supposedly dump at.

It's so obvious that the hacker gains value by being positive towards ETC's outcome.

dwgscale11

sr. member

Activity: 335

Merit: 250

Quote from: Minecache on August 02, 2016, 12:26:42 PM

Quote from: Divinespark on August 02, 2016, 12:23:54 PM

I think the ETC move is real, and that it's going to cross ETH in economic and dev activity and leave ETH for dead in the coming weeks. Immutability will thus become a core value prop for any public blockchain system.

Massive massive pump before the bloodbath ETC criminal coin dump. DAO attacker has begun moving funds in preparation for a simultaneous ETC dump.

Those coins wont be sold instantly. He has bigger motives to de throne vitalik and his abomination followers like yourself. He will sell a little, but he has other motives, he is not an idiot and wont just want to crash the market.

Wake up or get left in the dust. ETH supporters are dropping like flies and swarming into ETC where they belong. Truth hurts sometimes.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: Divinespark on August 02, 2016, 12:23:54 PM

I think the ETC move is real, and that it's going to cross ETH in economic and dev activity and leave ETH for dead in the coming weeks. Immutability will thus become a core value prop for any public blockchain system.

Massive massive pump before the bloodbath ETC criminal coin dump. DAO attacker has begun moving funds in preparation for a simultaneous ETC dump.

thejaytiesto

legendary

Activity: 1358

Merit: 1014

ETC is very real. It's the answer against bailout attempts in the crypto community.

Quote from: Spoetnik on August 02, 2016, 03:39:38 AM

Quote from: YIz on August 02, 2016, 01:34:29 AM

ETC started climbing in price like crazy. seems like a pump.
Ethereum is almost at 10$.
Bitcoin is at 600$.

What's coming next? dump of ETC and rise of both ETH and BTC? or a continuous rise of ETC?

Your topic title question + comment is hard to answer.
Can you clarify what you are asking ?

Such as..
Are you just asking the community here about ETH + ETC ?
Or are you talking about change on larger scale (the whole scene / all coins)

Guessing you meant in relation to ETH / ETC ...

ME? i am not so sure.. first thing that comes to mind i think is the attackers deadline.
As far as i heard we don't know what his intentions are when he gets his coins later.
The fear of him dumping might have a major impact if you think about it rationally.
So far..
I think people have been playing with ETC feeling safe and secure knowing the attackers funds are not ready yet.
So just wait until that security is taken away and then we will see what is REALLY going to happen.

The hacker will never dump because it will make clear that he is on an exchange dumping, exchanges can find out who he is since you need to disclose your real ID to deal with big amounts of fiat money. Therefore, he will never dump, he will probably use several accounts and make small sells. He doesn't want to crash ETC too, but like I said before, above everything else he doesn't want to get caught.

Carlsen

hero member

Activity: 910

Merit: 501

I don't believe that there is a pump as well.
Simply because the hashrate increased the last few days dramatically to over 1TH/s today.
If it really should be a pump, it would be a solid one.

Divinespark

hero member

Activity: 938

Merit: 501

I think the ETC move is real, and that it's going to cross ETH in economic and dev activity and leave ETH for dead in the coming weeks. Immutability will thus become a core value prop for any public blockchain system.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: enhu on August 02, 2016, 02:46:27 AM

Quote from: bathrobehero on August 02, 2016, 01:38:16 AM

I don't think ETC is just a pump. People legitimately like it against all odds (51% threat, hacker owning a huge portion of coins, no original dev team, etc) because it's not a bailout coin and because Vitalik is not behind it.

Definitely a good point. Now that no one is behind it, this may then goes up and may surpass ETH and may even beyond.
seem like the end of ETH perhaps. are some features of ETH still there?

I strongly believe that any coin which is associated/lead by a group of publicly known people is a huge disadvantage.

I think Bitcoin's success partly comes from Satoshi not being known.

Topic: What are we witnessing? a simple ETC pump or a real change? (Read 1448 times)