Topic: Why people buy etc ? - page 5. (Read 3970 times)

I think people see some potential on etc especially that it was somehow connected to eth. Despite the fact that its value isn't that high, a lot of people still believe that soon it will increase. Though this is a speculation of some
Sort and no assurance is given, people are taking some risk in investing on etc for the hope hat they will soon gain some profit.

They still waiting and believe for the ETC to atleast overcome a little bit  price of ETH so they still buying ETC

ETC is now available at CoinSwitch. You can buy it from https://www.coinswitch.co/exchange/btc/etc/0.1

I think the investment term is where the stock in storage for personal gain in the future so that it can be used when it has potential in a big advantage at a time when the price increases but I'm sure with the Ethereum classic if they have an increasingly high price for years to come. so from that a lot of people who buy from now on so that they can get huge profits in the future.

Here some reasons ethereum ETH will be failure and ETC will take over

1. CRYPTOCURRENCY ICOS ARE A RISK
Even though virtually every company or project looking to raise money wishes to conduct an Ethereum-based ICO, these crowdsales can have negative repercussions. A lot of these projects will eventually liquidate the amount of ETH raised and dump it all on the market. Not only will this affect the Ether price negatively, but it also shows Ethereum is merely a facilitator to raise funds, rather than technology in which these companies believe.
It is only a matter of time until the influx of cryptocurrency ICOs backfires on the Ethereum ecosystem. There is no guarantee that any of these projects have legitimate intentions, and any bad PR will automatically taint Ethereum’s reputation further. While it is true that Ether allows people from all over the world to invest in ICOs, there is never a guarantee for success.

2. EXPLOITS AND WEAKNESSES
Even though many companies have joined the Ethereum Enterprise Alliance, they are not necessarily aware of the issues this network has. We have seen two major exploits discovered and used, both of which resulted in massive amounts of funds being stolen. The first exploit was the DAO smart contract bug, and the second exploit showed how Ethereum has no secure multisignature wallet solution currently.  Immature technology often suffers from issues like these.

3. NO SUPPLY CAP

Contrary to what some people may assume, there is no official hard cap on the amount of ETH. While proof-of-work will be replaced by proof-of-stake in the future, Ethereum will continue to be inflationary as a result. Unlike Bitcoin, with its 21 million hard cap, Ethereum has no fixed maximum supply. This means the value of every individual ETH lowers every time a new coin is brought into circulation. In this regard, Ethereum is quite similar to fiat currencies, even though its level of inflation is significantly lower.

4. NOT AN IMMUTABLE BLOCKCHAIN

The main selling point of Ethereum is how it provides blockchain technology and new features to the entire world. One of the primary aspects of using a blockchain is that this ledger creates an undisputed record of events which can no longer be altered once the information has been accepted and confirmed by the rest of the network. That is no longer the case for Ethereum, and it is surprising how few people recognize this important detail.

Ethereum’s developers introduced a hard fork after the DAO was hacked. This hack put a large amount of the available ETH supply at risk of falling into the wrong hands. The hard fork also removed the immutability aspect of the Ethereum blockchain. This means that any application or project built on top of the Ethereum blockchain could see part of its history or transactions wiped out if a similar incident were to occur. People looking for the immutable Ethereum blockchain should look into Ethereum Classic, which was maintained as an ideological opposition to this blockchain rollback.

waiting for the price drop back then just bought it a good choice sir so maybe i can imitate you in purchasing so that later i can also get profit like you ,, hehehehe

i think people believe that etc will be increase like what eth did and the price will be increase more. they do buy etc if the price is low and just save and wait until the price is higher. so far, i am buying etc at lower price than now, i want to buy again but i think maybe i need to wait for a while until the price is down once again.

it good for long time invest and think it have a future but i can't tell good from eth. Eth is best all time with alt coin.

Did you know the investment term? When you want a big profit and you'll know the big potential of a token so you will make a decision from your own sake. Ethereum classic has the potential in the future, the price will double 5 years from now.

This is what I do not understad. Ethereum is famous and valued, lots of coins are working to be etherum and offering new things. there is no reason to buy ethereum classic, it is just a romantic issue to buy

People do think that the price of ETC will go up and make them rich however, with the price of Ethereum going up and down the price of ETC is really similar to the movements of Bitcoin and Litecoin. IF Ethereum goes up then there’s a really high possibility that ETC will go up as well because they both share the similar concept.
The most interesting day for ETC holders would be if the price of ETC goes higher than the price of Ethereum. I am not looking forward to seeing that day happen because people will be very upset if it does.

As far as I know people buy for several reasons, some believe the value will of etc will one day go to the moon and make them rich, some buy ETC by mistake thinking they have got themselves the real ethereum when infact its a break away ethereum crypto, and some people want a little bit of every cryptocurrency they can get their hands on.

One of the reason people buy ETC is that they are speculating of the price to get high.  Aside from that some are influenced by the real supporter of the token.  This is cryptocurrency and even a dead coin can give someone a profit. 

buying coins is because lots of reason. for trading,investment,smartcontract,ect. ethereum classic can do something like ethereum also, so why not people want buy this good coins for get opurtunity take huge profit or something.

I think people still believe that Ethereum classic make more profits.We have to seen that in the last few years some altcoin these incredible prices have increased.So people may think that etc price increases.

we are waiting etc to the moon, that's possible

Because of the need and the use of so much, so people need etc., also can be resold what about the other whether the same thought with me.

For me etc is short time investment I will buy etc when it is very low price and sell it for when I get targeted profit immediately because I am sure that etc will not make my investment zero after all etc born after ether split .

We could compare ethereum on bitcoin spliiting . Just like the two it both deserve a development in terms on its price and value which people could used a good time to earn and to have profit in the future.

Well, to me it is all about individuals believe or perception and the way one study the ethereum classic that the future value will be. Just like bitcoin nobody know what future hold for ethereum classic.