Post
Topic
Board Speculation (Altcoins)
Re: Ether price?
by
Yussian
on 26/08/2016, 13:00:20 UTC
I do not know why many Ethereum fork holders are happy with the price right now. The movement is still weak and it is very possible that it will go down again. It would be safer to save your money now and buy at a lower price later. If you buy now you are taking more extra risk than by buying lower.

The ETC price is dropping at the moment, if the trend continues, by the end of August, the DAO hacker will not earn much.

Some ETC holders are very rich, they own a lot of bitcoins. So they might be able to support the price after the dump.

So let them do that. I think the Ethereum Foundation should sell its ETC at the current price to support the development of ETH.

The ETC has already declared independence. So it has its own community and its community will support its development.

Does not mean that the Ethereum Foundation will not support the ETC developments in the future?

The Ethereum Foundation will have nothing to do with the ETC. The ETC can copy the code if it wants to do. That will be a clone.

The Ethereum Classic has already declared independenece.

I think it will only use the codes from the ETH very selectively.

That could be true. I heard there is a meeting of the ETC developers in London. But there is not much information about the meeting itself.

The ETC price dropped after the meeting, so there could be no good news from the meeting in London.