Post
Topic
Board Trading Discussion
Re: Follow me trading :)
by
metropolit
on 18/08/2016, 14:37:09 UTC
What about ethereum classic, do you think it has prospects? Or it's a pump and dump scheme on its way to crash sometime later in the future, never to be heard of again.

I don't believe ETC will survive. I keep hearing "ETC is just few weeks old, that's why it doesn't have any projects" but this argument is just weak. ETC is as old as ETH is, and out of 20 serious projects all 20 decided to go to ETH chain where whole ETH team is and this is game over for ETC.
Price of ETC will keep dropping as new projects rise on ETH chain, for example this weak Gnosis is coming to ETH.
Then BTC price is low ATM, when it gets up, ETC will fall drasticly.
Then, in 2 weeks hacker will be able to use his 7 million ETC, my guess is he will dump it because its way to risky to hold ETC and hope for a bigger price than it has ATM.
Then switch to PoS which might or not which might split the ETC community again...etc etc..

Btwn. in my trading adventure nothing is happening atm. Im still waiting for ETH to jump, i hope Gnosis release will do it. Yesterday i had 0 profit, 0 trades, today the same.
MAID is dropping and im thinking of getting in at 1650 again.